Independent thinking for complex markets and current events
Recent economic updates from the U.S. paint a bleak picture, stirring deep unease among investors. The latest indicators, including the sharp decline in the Bloomberg Economic Surprise Index, signal a worrisome underperformance reminiscent of the tumultuous trends observed in 2019. This downturn in economic sentiment comes at a precarious moment, with all eyes fixed on …
Get ready, the Vix is as sudden as a heart attack. 5.31.24 Premarket outlook and Technical Analysis for day trading the Markets. byu/jmj_daytrader inRealDayTrading
via kmph: Employees at Fosters Freeze in Lemoore are out of a job. Assistant General Manager Monica Navarro says she was called Monday morning by her boss who was at the restaurant to open, only to find the locks were being changed. Navarro said she thought it was an April Fools joke. “I was so …
ULAANBATAR, 27 March 2024 – Mongolia’s extreme winter conditions, or Dzud, shows no sign of abating and the country, which is at the frontlines of the global climate crisis, is paying for it dearly having lost 5.2 million livestock[1], or about 8 % of its total livestock, said Save the Children. Many children in the worst affected …
The circumstances surrounding John Barnett’s death following his deposition serve as a stark reminder of the dangers whistleblowers may face. "Boeing whistleblower John Barnett was planning to drive home to Louisiana after his deposition on Friday 3/8 before Boeing lawyers asked him to stay one more day to finish his testimony. His body was found …
Bitcoin’s sudden 5% drop to $41,500 raises questions about liquidity after a prolonged bullish streak. On Friday, we posted this setup for subscribers. We called for a move back into $41,500 support where a higher low could form. $41,500 marked the EXACT low of the decline just now. Subscribe at the link below to receive …
A sudden spike in SOFR (Secured Overnight Financing Rate) points to a mounting reserve shortage and an overnight repo spike, surprising many as SOFR printed at 5.39% on Friday. This departure from the market’s accustomed pattern, where overnight Repo GC rates spike without a corresponding rise in SOFR, underscores the imperfections of SOFR as a …
The looming threat of Evergrande’s tumultuous collapse raises significant apprehension among global investors amid China’s economic challenges. In a bid to avert imminent liquidation, the world’s most indebted property developer, China Evergrande Group, is urgently presenting a last-minute debt restructuring proposal before a crucial Hong Kong court hearing on Monday. The defaulted company faces mounting …
Summary Job openings fall 34,000 to 9.582 million in June Layoffs decline 19,000; quits decrease 295,000 Manufacturing stabilizes at lower levels in July WASHINGTON, Aug 1 (Reuters) – U.S. job openings fell to the lowest level in more than two years in June, but remained at levels consistent with tight labor market conditions, which could …
by Michael I am so glad that “Sound of Freedom” suddenly has people all over the country talking about the horrors of child trafficking. Most people tend to think of slavery as a thing of the past, but that is not true at all. In fact, human rights organizations tell us that more people are enslaved right …
via mishtalk: This summer, the Supreme Court will decide if ‘income’ under the law can include an unrealized gain. Guess what. Coming Up, Moore v. United States The issue, as Wikipedia details is whether the 16th Amendment authorizes Congress to tax unrealized gains as income. Background Charles and Kathleen Moore invested $40,000 in an Indian …
by Michael After a bit of a lull, it appears that pestilences are going to start making headline news once again. Of course that is the last thing that many of us want to hear. Many Americans are finally getting their lives back to normal after the last pandemic, and a lot of people are …