Independent thinking for complex markets and current events
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 in point $GC_F #GOLD pic.twitter.com/jzLEMPcZaM …
Ohio Attorney General Dave Yost said he is ordering an investigation into ways to stop what he describes as “extreme population growth” due to migrants coming into the city of Springfield. Allegations by some residents that Haitian immigrants are eating park ducks, cats, and other animals received national attention this week, with politicians, including Republican …
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 CAN'T MAKE THIS UP: US …
“As soon as mortgage rates drop demand is gonna SURGE.” I think it’s time to face facts kiddos, most of the “pent up demand” was just investors who have moved on to greener pastures. Buyers aren’t waiting for lower rates, they’re waiting for lower prices. Mortgage Rates Hit 17-Month Lows, But ‘Homebuyers Are Staying Patient’ …
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 being challenged. According to Semafor, …
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 payments has increased bank losses, …
Rising prices of feminine hygiene products, outpacing even food inflation, are forcing many American women to make difficult choices between purchasing menstrual supplies and other essential items. This price increase has led to a significant decline in sales of pads and tampons since 2020, with unit sales dropping by 12% and 16% respectively. Major manufacturers …
Market Odds of Biden Dropping Out Surge to 78% – Major Announcement Anticipated byu/USC14 inconspiracy
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 (@MacroEdgeRes) July 18, 2024 ⚠️Breaking! …
High interest rates and tight budgets are making monthly bills unaffordable for a growing number of vehicle owners. Car repossessions rocketed higher in the first half of the year, a sign of rising consumer distress as the US Federal Reserve weighs interest rate cuts. So far in 2024, repos are up 23% compared with the …
This is what capital rotation looks like Big Tech stocks are pulling back Small cap stocks are rising sharply pic.twitter.com/s50A71fn9W — Bravos Research (@bravosresearch) July 15, 2024 The big story, the second coming of Trump. This chart shows that odds of Trump winning the election have soared to 65% in the past few days. Up …
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 rising. This type of fraud …
Up another 10% this week https://t.co/uVIKk7pMAN pic.twitter.com/LspLhrwuUl — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) July 5, 2024
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 is a result of rising …
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 Zschaepitz (@Schuldensuehner) June 30, 2024 …
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 Kobeissi Letter (@KobeissiLetter) June 22, …
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 highest incidence rates3. Many cases …
by confoundedinterest17 Joe Biden is a dishonest politician, so it is no wonder that he ignores actual data. Like claiming that crime is down under his leadership, when it is actually large cities like New York and Los Angeles not reporting their crime data to the FBI. Take the May jobs numbers. The BLS reports …
According to CoreSight, here are retail closures so far in 2024 of companies that operate in California, followed by the total number of stores impacted nationwide: Family Dollar (620) Rue21 (543) 99 Cents Only Stores (371) CVS Health (315) 7-Eleven (272) Rite Aid (165) Express (105) Walgreens Boots Alliance, the parent company of Walgreens and …
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 prices rose nearly 50%. Food: Food …
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 in early 2024. This uptick …
Nvidia (NVDA) stock traded above $1,100 for the first time ever on Tuesday, a move that allowed shares to surpass their previous record closing high. Shares finished the day above $1,140. The milestone moment comes after Elon Musk’s artificial intelligence startup xAI said Sunday that it raised $6 billion in a Series B funding round, …
According to the Q ratio, developed by James Tobin who won the Nobel prize for it, equities with a current Q ratio of 1.90 are overvalued by 156% to the long term mean (Q ratio 0.74) making it the first time to be overvalued by 3 std dev, the greatest amount ever. 2/2 pic.twitter.com/N4A05W1g4u — …
The increasing number of suspected clade I mpox virus cases in the Democratic Republic of the Congo (DRC) poses a global threat for potential spread, the CDC said. From Jan. 1, 2023 to April 14, 2024, multiple outbreaks of clade I mpox occurred across 25 of the DRC’s 26 provinces, with nearly 20,000 suspected cases …
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 from people who have filed …
Student loan delinquency will not be reported until Q3 — MacroEdge (@MacroEdgeRes) May 14, 2024 Startling data from the NY Fed’s quarterly household debt report for Q1 reveals a concerning uptick in mortgage delinquencies, signaling potential economic distress. The total household debt skyrockets to a staggering $17.69 trillion, marking a significant $184 billion increase from …
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 tax day influx of $250 …
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 risk of losing their homes. …
Gold Miners Hit 12-Month Highs 🚨 pic.twitter.com/BwNkPODSXx — Barchart (@Barchart) May 11, 2024 Gold miners reach 12-month highs, marking the first instance in 45 years where gold has been less volatile than Treasuries, signaling a shift in perception of safety in the investment landscape. This development should set off alarm bells for investors accustomed to …
