Independent thinking for complex markets and current events
Tech earnings are bracketed by Netflix this Thursday and Apple two weeks later with most of the other mega caps in between, except Nvidia which is off cycle. This earnings period is the lowest liquidity period of the year due to summer volumes and stock buyback blackouts. Here… pic.twitter.com/AfMizxDkxt — Mac10 (@SuburbanDrone) July 15, 2024 …
Mycoplasma Pneumonia in Children (North Texas): Cook Children’s Medical Center in Fort Worth reported a recent spike in cases of Mycoplasma pneumonia, a bacteria causing “walking pneumonia.” Last week, 80 out of 398 patients tested positive for pneumonia, compared to 0% last year. Children are likely spreading the bacteria in close contact at summer camps or swimming pools. The infection causes cold-like …
According to a recent poll conducted exclusively for Newsweek by Redfield & Wilton Strategies, 44 percent of Americans interested in taking a summer vacation this year are not doing so because of rising air travel costs. The consumer price index for airline tickets has increased by 25 percent over the last year, which is the largest jump since Federal Reserve …
Teens Skip $50 Jeans in Squeeze of Gas, Job Shortage July 2 (Bloomberg) — The financial pressures of adults are finally catching up with American teenagers. Since summer jobs dried up, gasoline prices topped $4 a gallon and parents ran out of spare cash, teens have had to cool it on spending for clothes. “I’ve …
A new weapon (outfitted using old weapons) has been used increasingly by Russia in the past two months and it’s proving to be highly effective as the Russian forces in Ukraine ramp up what looks to be the beginning of a long anticipated summer offensive. Dubbed the “glide bomb,” they are actually Soviet era FAB …
Breaking 🚨 Kuwait has just ordered all its citizens to leave Lebanon immediately. pic.twitter.com/A7gxRngzSv — Shelley G (@ShelleyGldschmt) June 21, 2024 Evidence Grows of Looming Conflict Between Israel and Hezbollah In the latest sign of an impending conflict between Israel and Hezbollah, Kuwait has called on its citizens to leave Lebanon and avoid travel to …
Home prices will fall this summer as owners cave to selling pressure, according to Redfin’s CEO. The real estate brokerage is anticipating a 1% price drop by the end of the year. Homes in Florida and Texas are already beginning to see “major price cuts,” the firm said. House prices will drop this summer as homeowners …
It looks increasingly unlikely that the Federal Reserve will be cutting interest rates after a batch of stronger-than-expected economic data coupled with fresh commentary from policymakers. Economic growth is at least stable if not on the rise, while inflation is ever-present. Central bankers still lack the confidence to cut and even an unspecified few say …
Ranchers are warning that our food systems are in great danger right now. Cattle production has plummeted to the lowest point in decades, and new diseases are rapidly spreading across U.S. beef cow herds, which is threatening our entire food supply chain. This is the sign for you to start stocking up on basic staples …
“The Princess of Wales was described as the ‘driving force’ behind a major report this week that called on businesses to introduce more family-friendly ways of working. Yet a spokesman has been keen to stress that Catherine’s involvement should not be seen as an indication that she is returning to work. The princess’s many admirers …
All of a sudden, they’re concerned? All these years on occasion we dealt with intermittent BROWNouts. Nowwwww, there’ll be multi state black outs?. We didn’t have solar or windfarms decades ago too. We had typically brown outs then. Hmmm maybe their green alternatives just aren’t capable of …..and they didn’t anticipate any of this when …
Visa has announced major changes that will impact both debit and credit cards. Users will be able to have just one card that connects to multiple bank accounts, meaning if you have a credit and debit card from the same bank, you will no longer need two different cards. It will all be listed under …
Average monthly prices for regular-grade retail gasoline in the U.S. could increase by more than $0.10/gal if refinery output is lower than expected, according to an analysis published by the U.S. Energy Information Administration (EIA). In the EIA’s May Short-Term Energy Outlook (STEO), which serves as the Base case for analysis, the EIA forecast summer regular …
“Florida announces that all bridges across the state will no longer flash rainbow colors in June for LGBT pride Instead they’ll flash red, white, and blue to celebrate “Freedom Summer” These colors are from a flag that unites us all as Americans, instead of dividing us VICTORY!” Florida announces that all bridges across the state …
The French capital Paris will be split into zones this summer, with anyone wanting to enter certain areas required to show a pass on their phone. Special measures will be in place throughout the city as part of increased security around the Olympic Games, which start in July. Anyone wishing to enter certain zones, including …
Recent market trends, including declining oil prices and rolling Treasury yields, suggest a potential surge in the S&P 500, as observed historically. Bank of America specifically highlights the benign High Yield OAS (Option-Adjusted Spread) as a supporting factor for a summer rally. Furthermore, indications such as the VIX (Volatility Index) being rebuffed at its downtrend …
Food Inflation since 2019 pic.twitter.com/HzChTeIbHt — Win Smart, CFA (@WinfieldSmart) April 4, 2024 They are definitely losing control over #oil prices 👀 https://t.co/ssixSkhvse pic.twitter.com/Q3Qo25AwoZ — JustDario 🏊♂️ (@DarioCpx) April 5, 2024 Oil analysts are getting worried about an expensive summer driving season, with WTI prices surging by about 20% so far this year. “The market …
Patriots, everyone has been to McDonalds at one point or another – it’s by far the largest fast food chain in America, and easily the most well-known. For these reasons, what happens at McDonald’s is often seen as an indication of what’s happening in the broader economy. And currently, what’s happening at McDonald’s is alarming. …
Commodity prices across the board seem be permanently elevated. The days of low oil prices are gone and consumers are feeling the pain. Purchasing power of the US Dollar is down over 20% in just 4 years. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) March 26, 2024 …
Mar 19, 2024 Oregon, have you had enough yet? Well your state legislature hasn’t. Washington Gun Law President, William Kirk, discusses Oregon HB 2005 a bill, now signed into law, that will ban all undetectable firearm and ALL unfinished frames and receivers. This law is set to go into effect July 13, 2024 so Oregon, …
The athletes competing at the Paris Summer Games will have plenty of condoms, but they will not have air conditioning. “We designed these buildings so that they would be comfortable places to live in in the summer, in 2024 and later on, and we don’t need air conditioning in these buildings because we oriented the …
Sellers on the US Housing Market are cutting prices at the highest rate in nearly 10 years as we enter Spring 2024. Suggesting that home prices in America could be heading down as the year progresses. Particularly in Housing Markets like Texas and Florida, where there is an abundance of inventory and supply. A new …
DES MOINES, Iowa — Iowa will not participate this summer in a federal program that gives $40 per month to each child in a low-income family to help with food costs while school is out, state officials have announced. The state has notified the U.S. Department of Agriculture that it will not participate in the …
by mark000 Start of June 1929 DJIA was 300. Start of September 380. That’s a 25% gain in 3 months. A full blown delusional manic meltup. Then the worst crash ever in October and by mid November the DJIA was 50% below the September all time high. Outlook is as doomish today. Europe and China …
by Chris Black People will be puzzled about this operation in the future, it’s literally the most idiotic attempt ever made in recent military history, and probably one of worst defeats in modern military history. Ukrainians, with every single factor stacked against them, tried to quickly breach a 20-30 km deep defensive belt, mostly because …
The lead up: https://t.co/mOFVnTVsGn — Citizen Free Press (@CitizenFreePres) August 30, 2023 The highest positions of our government, on both sides of the aisle, are held by people who genuinely belong in a nursing home. How are we allowing this to happen? pic.twitter.com/wjIvkAOd2e — Chairman (@WSBChairman) August 30, 2023 Mitch McConnell freezes, struggles to speak …
Earlier this year Powell said that his rate hikes had nothing to do with the U.S. bank run. Anyone who expects him to pull back for China's financial crisis, is smoking crack. THIS is Powell's dick in hand moment. The last week of summer is going to be a total gong show. pic.twitter.com/vaNgU6tpWG — Mac10 …
by Michael Do things seem “slow” to you this summer? If so, you are definitely not alone. In recent weeks, my wife and I have heard from so many people that are saying that activity at their businesses or organizations has been really slow lately. In other words, less money has been coming in than …
🤡🌎 pic.twitter.com/vlb3wbHtk2 — Clown World Today (@cwt_news) July 29, 2023
