Gold’s current price surge suggests it’s entering a parabolic advance. SOFR in freefall. The Japanese Yen carry trade is back on.

Got gold? 👇🏼 pic.twitter.com/LaVIokiWPx — Kalani o Māui (@MauiBoyMacro) September 20, 2024 As of current price action, it is possible to define Gold as having entered a parabolic advance (in red). It is an easy mistake to take profits prematurely in parabolic moves. Previous bull cycles of Bitcoin are cases …

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Job openings rate dips to 4.55%, nearing critical threshold for potential unemployment surge. Get out of stocks. Now.

The job openings rate has fallen to 4.55%, just a whisker above the 4.5% rate that Fed Governor Christopher Waller has identified as the tipping point at which unemployment could surge if openings fall any further. Get out of stocks. Now. pic.twitter.com/1qdqibEd05 — Peter Berezin (@PeterBerezinBCA) September 4, 2024 YOU …

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Kamala is driving a subscription surge at Wash Post.

Vice President Kamala Harris is proving to be a ratings magnet, overshadowing even former President Donald Trump in the race for media attention through the campaign season. As the 2024 election heats up, the traditional narrative of Trump as the media’s favorite for boosting television ratings and online traffic is …

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U.S. Banks Report Unprecedented 23% Surge in Delinquencies As Losses Increase

https://www.youtube.com/watch?v=4-ro9iJPJ3k The U.S. banking sector is currently facing challenges as it deals with a significant surge in delinquency rates, leading to mounting losses. Recent reports have revealed a shocking 23% increase in delinquencies, causing concern for both banks and borrowers nationwide. This sharp rise in borrowers falling behind on their …

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Jobless claims surge: Initial claims hit 243,000, continuing claims reach 1.867M, highest since 2021.

Initial and continuing jobless claims are continuing to rise with initial claims at 243,000 (+20,000 in one week) and continuing jobless claims at their highest level since 2021. — Wealthion (@wealthion) July 18, 2024 Continuing jobless claims increased to almost 1.9 million today, the highest since late 2021#MacroEdge — MacroEdge …

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Property fraud allegations surge as commercial real-estate values fall, exposing schemes and shaking the $4.7 trillion industry.

via WSJ: U.S. prosecutors are cracking down on commercial mortgage fraud, a growing push that is sending shudders through the $4.7 trillion industry by raising questions about the numbers underpinning major property loans. Regulators and federal prosecutors say that property loans based on doctored building financials and valuations have been …

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Zillow estimates tanking. Investors taking $150,000 write downs on houses. May’s housing inventory surge to 481,000 echoes 2008 peak

Investors are now selling at a loss in Florida’s Housing Market, with the Zillow Value estimates on some listings collapsing as much as 30%. Indeed, the seasonally-adjusted estimate of new houses for sale at the end of May was 481,000, marking the highest level since January 2008. This surge in inventory …

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Far-right surge shakes French politics, poised for parliamentary majority in projections… “They’re boarding up windows”

OUCH! French far-right has strong lead in France's 1st voting round, and could get a majority in Parliament after 2nd round, projections show. The National Rally was projected to get between 33% and 34.2% of the vote. The left-wing New Popular Front coalition was set to get… pic.twitter.com/z3XPOE9DhH — Holger …

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US bankruptcies surge: 275 companies bankrupt in 2024, consumer spending weakens, Red Lobster files.

US bankruptcies are riding rapidly: 275 large companies have declared bankruptcy through May of this year, the 2nd highest since 2010. Over the last 14 years, only 2023 saw a higher count of bankruptcy registrations, at 277. In May 2024 alone, 62 firms have gone bankrupt, the… pic.twitter.com/ymNU6fYEcr — The …

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Penis cancer cases surge across the globe: Docs reveal how to protect yourself, avoid amputation

Penis cancer cases surge across the globe: Docs reveal how to protect yourself, avoid amputation https://t.co/gqnicoW7gb pic.twitter.com/eSpCfxH53C — New York Post (@nypost) June 22, 2024 Brazil sees rise in penis cancer cases, leading to 6,500 amputations in 10 years.1. Penile cancer cases are increasing globally2. Brazil has one of the …

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Gasoline prices surge by nearly 50%, overall costs up 21.15% since 2020.

Let’s examine the inflation and price changes since 2020. According to the U.S. Bureau of Labor Statistics, prices for all items have increased by 20.23% from 2020 to 2024. On average, this translates to an annual inflation rate of 4.71% during that period1. Specifically, here are some notable price increases: Gasoline: From December 2020 to December 2021, gasoline …

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Consumer borrowing stalls as delinquency rates surge, signaling worsening financial distress ahead.

US consumer borrowing has ground to a halt. Tapped out? pic.twitter.com/KH335Qw4lD — PPG (@PPGMacro) May 29, 2024 The recent data on U.S. consumer borrowing paints a concerning picture of financial stability. Delinquency rates, which Austan Goolsbee of the Chicago Federal Reserve Bank highlighted as a critical indicator, have indeed surged …

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Applications For Unemployment Benefits Now Surge To New Highs

Applications for unemployment benefits now surge to new highs, a sign that the white-hot labor market is starting to cool off. First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, per CNN. Thursday’s data also showed that the number of continuing claims, or applications …

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US Treasury’s April Cash Surge Buys Time, but Debt Bomb Ticks Louder: Yellen Faces Imminent $1 Trillion-a-Season Debt Surge!

The US Treasury grapples with dwindling cash reserves, teetering on the brink of a debt crisis as tax day’s boost fades into obscurity. With just $45 billion remaining before hitting the theoretical limit, the nation faces an imminent surge in national debt, signaling turbulent times ahead for the economy. April’s …

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Canadian banks are forecasting a massive 60% surge in monthly mortgage payments for those with variable rates.

Canadian banks are anticipating a jaw-dropping 60% hike in monthly mortgage payments for those with variable rates is nothing short of a financial catastrophe waiting to happen. With housing costs already soaring, this sudden and substantial increase in mortgage payments is a recipe for disaster, putting countless Canadian families at …

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