Independent thinking for complex markets and current events
via notayesmanseconomics The better news from the Middle East and the consequent fall in the price of oil ( Brent Crude is a further US $4 dollar this morning) will have the ECB with rather itchy shirt collars this morning. That is because on Thursday they announced this. The Governing Council is committed to setting …
Jose Fernando Partida was trapped for five hours while rescuers worked to free him An Arizona man died after he was involved in an industrial accident at his workplace. Jose Fernando Partida, 57, was cleaning the inside of a chemical mixer at at Gowan Milling LLC in Yuma when tragedy struck. The machine he was …
If the banking system is stable, why is the Fed already bailing it out again? Something very serious is happening in America’s financial system and almost nobody is talking about it. Across the country, ordinary people are waking up to find their bank accounts completely wiped out. Paychecks, savings, gone overnight. Meanwhile, the Federal Reserve …
“The overwhelming majority of Americans – 86% – say the cost of groceries is at least a minor source of stress. The number includes 53% who say it’s a major source of anxiety in their lives right now.” https://www.usnews.com/news/u-s-news-decision-points/articles/2025-08-05/stressed-about-groceries-youre-not-alone And it’s cutting across income, age, and geography. “While Americans over age 60 are less likely …
by Michael I am so tired of hearing that “everything is fine” when everything is most certainly not fine. Every day, I hear from people that are really suffering in this harsh economic environment. Some can’t find work, others are stressed out of their minds because they can’t make ends meet, and there are some that …
by Michael If you live in a warm home and you have plenty of food to eat, you should consider yourself to be extremely blessed, because millions of others are deeply suffering right now. Most of the country is living paycheck to paycheck, the number of homeless Americans is higher than ever, demand at food …
The comfort level of hurricane victims matters way more to me right now than the comfort level of FEMA employees. — Kristen Mag (@kristenmag) October 6, 2024 https://twitter.com/SunlightShine55/status/1842973590880477311 Maybe they should at least attempt to get help to the places that need it most if they don't like criticism. Just a thought. https://t.co/CIbTZJInp2 — Penny …
AT&T and Verizon customers have been hit with a nationwide outage, leaving them unable to make 911 calls. At least 24 states are experiencing problems that are plaguing thousands of Americans from North Dakota to Illinois and New York. https://www.dailymail.co.uk/sciencetech/article-13494825/AT-T-outage-impacting-911-calls.html
The largest semiconductor manufacturer in the world. pic.twitter.com/zM6DugWRAx — Mac10 (@SuburbanDrone) March 15, 2024 Ok, that's the close. Bulls, just remember, suffering is good for you. I heard it from a billionaire. pic.twitter.com/Jfw9HxY0i0 — Mac10 (@SuburbanDrone) March 15, 2024 This should not be a problem:https://t.co/M9c6KkVogM pic.twitter.com/ZkueezR5x4 — Mac10 (@SuburbanDrone) March 15, 2024 This coming Monday …
Try to get a clue just how bad your moral decay is, when MEXICO talks about your moral decay. “MEXICO CITY — Mexico’s leader has some advice for the United States. Take better care of your kids. Try more hugs. Cut down on the drugs and guns. Keep your cops, troops and spies off our …
BIDEN'S TREASURY SEC. YELLEN: "Americans are seeing the costs of some goods that are important to them, like rent, having increased…" pic.twitter.com/rGxk7bFxw7 — Breaking911 (@Breaking911) March 13, 2024 US Treasury Secretary Yellen: it seems unlikely that interest rates will return to levels as low as before the covid-19 pandemic. — unusual_whales (@unusual_whales) March 13, 2024 …
by confoundedinterest17 Confidence! It’s what consumers DON’T have under Bidenomics. For the fourth straight month, The Conference Board revised its consumer confidence data significantly lower. In fact January’s was the biggest downward revision since Feb 2022. And Conference Board Consumer Confidence was DOWN to -3.90 in January, the worst since Feb 2022. It really isn’t surprising …
by Michael At least things are still good for those at the very top of the food chain. But for everyone else, economic conditions have already become very painful. Today, the vast majority of Americans have less money than they did prior to the pandemic, and thanks to raging inflation our standard of living is steadily going down. We …
Six months ago, when looking at Michael Burry’s Q1 13F which in turn followed just a few months after the famous permabear admitted he had been wrong to urge his followed to sell… … we found that the Big Short had continued the trend of rapidly rotating his entire portfolio and in the first quarter, Burry …
Heart breaking. Dr Tanya Haj-Hassan, a pediatric intensive care doctor for Doctors Without Borders and a co-founder of the GazaMedicVoices social platform, appeared on BBC News from Amman, Jordan to discuss the dire conditions in Gaza. The doctor said a new acronym was coined in Gaza three weeks ago: “There’s an acronym that is unique …
We're gonna need a bigger graph: Fed is now over $110 billion in the hole after suffering another week of losses in an unprecedented streak or red ink – the same people telling you the banking system is safe and sound found a way to lose money despite having a money printer: pic.twitter.com/qCLlVkqVc5 — E.J. …
https://www.youtube.com/watch?v=xmz0OxQJ1x4 We’re witnessing the worst food crisis in modern history, and new data shows it is about to go to an entirely new level. Right now, Hundreds of millions of people are desperately hungry all over the world, and an alarming number of children are facing starvation. According to the official UN website, approximately 735 …
#Sydney Airport is suffering at the hands of this lunatic as he has taken #MH122 hostage. Praying for everyone's safety and well being. Where is Airport security?! Its been well over an hour since the plane has landed back!!! pic.twitter.com/rSWExD9EXm — Jawad Nazir ✈ (@jawadmnazir) August 14, 2023 Sydney Airport is suffering at the hands …
It is indeed a matter of great concern that the top 4 banks are currently facing monumental losses, amounting to a staggering $205 billion, on their bond assets. Moreover, the entire banking system has witnessed an alarming figure of approximately $2 trillion in bond asset losses. This unfortunate situation emphasizes the vulnerability of banks and …
JUST IN – Manchester United legend Edwin van der Sar (52) is in intensive care after suffering a brain haemorrhage. — Disclose.tv (@disclosetv) July 7, 2023 Ajax statement: “On Friday, Edwin van der Sar has had a bleeding around his brain. He’s currently in hospital in the intensive care unit and is in a stable …
Where have all the babies gone? Australia’s fertility rate is near historic lows and there are signs it will fall further. The baby drought is most noticeable in our biggest cities. In the Melbourne City statistical region the fertility rate slumped to 0.66 in 2021 – a fraction of the 2.1 “replacement level” rate needed …
by confoundedinterest17 The US is Living La Vida Biden (living the Biden life!) Which means you are making millions if you are a political elite, but suffering if you live on Main Street. And regional banks (not the TBTF national banks) continue to suffer. The Bank Term Funding Program (1 of 2) is skyrocketing as The …