A hub for independent voices and hard truths
US rents have surged 1.5 times faster than household incomes in the past four years, with nationwide rents soaring by around 30% while average salaries only rose by 20%. This trend of rental cost increases outpacing wage growth is evident in all but six of the top 50 metropolitan areas, …
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) …
Three new large facilities are being constructed to process illegal immigrants entering the United States, potentially handling up to 15,000 individuals daily. NGOs are heavily involved in facilitating this migration, with various organizations aiding in setting up camps and providing support. A paper by the International Organization for Migration outlines …
United States Employment Cost Indexhttps://t.co/ctIxwn2OIh pic.twitter.com/pqibeiF878 — TRADING ECONOMICS (@tEconomics) April 30, 2024 U.S. labor costs surged beyond forecasts in the first quarter, climbing 1.2% amid a boost in wages and benefits, reinforcing early-year inflation concerns. The Employment Cost Index (ECI) uptick may influence Federal Reserve deliberations as it navigates …
US Food prices have risen by almost 17% in nearly 4 months. This is a level comparable to the 2023 average. Yet another example of the recent inflation rebound. pic.twitter.com/JofSUF7IEw — Global Markets Investor (@GlobalMktObserv) April 26, 2024 "You know what absolutely sucks?" "I am in my 20s right now" "I want …
As ominous signs of economic distress emerge, the US teeters on the brink of a financial precipice. Subprime auto loan delinquencies soar to 2008 levels, signaling an impending crisis fueled by a doubling of delinquency rates in just three years. Simultaneously, the housing market grapples with a catastrophic collapse, with …
Beneath the surface of reported crime statistics lies a troubling reality: a decline in reported crimes masks a surge in unreported incidents, fueled by plummeting arrest rates and faltering law enforcement. As the narrative of decreasing crime faces scrutiny, revelations from the National Crime Victimization Survey unveil a stark contrast, …
Last year’s warnings echo louder as M2 data forecasts inflation surge, dismissing deflation fears. In Florida, over half of renter households strain under excessive rent burdens. Brace for wealth erosion as Biden’s historic Capital Gains Tax proposal looms, while gold’s ascent prompts speculation of $3,000 per ounce. In situations where …
SAN DIEGO, California — The number of Chinese migrants illegally crossing the US-Mexico border has hit a new record with 24,200 arrested in the last six months, mostly in San Diego County, California, according to federal data. The huge influx is already equal to the number of Chinese people arrested …
The escalating crime wave engulfing the NYC subway system has instilled fear among commuters, leading to a decline in ridership as safety concerns intensify. In response, the NYPD has initiated efforts to regain control, focusing initially on arresting fare evaders. However, the effectiveness of this strategy is debatable, as it …
Financial instability grips communities nationwide, with a significant portion of households struggling with debt payments. In Phoenix, soaring evictions and bankruptcies signal a growing economic crisis. Current economic indicators point to a concerning trend of declining savings and stagnant interest rates, exacerbating inflationary pressures and paving the way for a …
28,577 job cuts this month so far, our highest week since we began tracking data in September #MacroEdge pic.twitter.com/qWRmCEoscN— MacroEdge (@MacroEdgeRes) April 5, 2024 Although the most recent U.S. Bureau of Labor Statistics employment report issued Friday showed that the unemployment rate “changed little” last month, a separate report found …
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 …
Russia’s military said Wednesday that it had seen a surge in people signing up to fight in Ukraine since a deadly terror attack on a Moscow concert hall last month. The Islamic State (IS) group has claimed responsibility for the attack that killed more than 140 people, the worst such …
Central banks are starting to show their cards, and this surge in gold has been relentless. It is remarkable to see this price behavior on days when Treasuries fall and inflation expectations rise. The race to improve the quality of their international reserves is just… pic.twitter.com/uxx8Bq2D5V — Otavio (Tavi) Costa (@TaviCosta) April …
In today’s market, gambling fever is spreading fast, changing how we invest. Grant Williams, an astute observer of market trends, rightly points out that we’ve become a “Society of Speculators.” It’s not just about stocks anymore; it’s about the thrill of the bet, the excitement of the gamble. Look around, …
BREAKING: Cases of the measles surge by 800% in 2024 due to Biden's border crisis Remember when you lost your job for not taking the COVID vax? https://t.co/hDd8UD1z3r — End Wokeness (@EndWokeness) March 29, 2024 (NewsNation) — A measles outbreak in Chicago that produced 33 confirmed cases, the majority of …
Nvidia hard rejection. Facing the first down week of 2024. pic.twitter.com/VuLG4tMbeF — Mac10 (@SuburbanDrone) March 27, 2024 The stock of the week is Micron which posted a "surprise" profit this week and guided up on what else – AI. The interesting thing is that during this past year's melt-up, the …
London catching up to Shanghai. Gold trading at $2,222 there today. — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) March 27, 2024 In the world of commodities, gold has always held a special allure, and today, its shine is only growing brighter. As London bids up gold prices, the market …
Recent market movements have set off alarm bells across the financial landscape, prompting investors to scrutinize the underlying causes behind the sudden upheaval. One notable indicator of trouble brewing is the surge in the USD/CHN pair, surpassing the critical 7.25 mark, while the Chinese yuan faces significant downward pressure. This …
This surge in Canadian bankruptcy filings, especially among small businesses, is deeply concerning. With such a significant increase in insolvency cases, coupled with the pressure small businesses face to repay pandemic loans, there’s a legitimate worry about Canada’s economic stability. What is happening in Canada? Canadian bankruptcy filings are skyrocketing …
From Peter Reagan for Birch Gold Group This week, Your News to Know rounds up the latest top stories involving precious metals and the economy. Stories include: Gold notches another all-time high over $2,180, analysts are acknowledging that gold’s surging price confuses them and understanding bitcoin vs. gold comparisons. Gold hits new all-time …
Bitcoin’s record-breaking rally appears to be creating around 1,500 new “millionaire wallets” daily, per Bloomberg + Kaiko Research. — unusual_whales (@unusual_whales) March 13, 2024
US CPI MOM ACTUAL 0.4% as well as core 0.4% annualized is 4.8% No where near 2% As the Fed has failed to get inflation back to “normal” for 3 years now Americans are the ones that pay the price literally! pic.twitter.com/1ptVRB0bkF — The Coastal Journal (@1CoastalJournal) March 12, 2024 …
Everything is fine … 🔥🔥🔥 pic.twitter.com/pSgXhkJunI — Wall Street Mav (@WallStreetMav) March 8, 2024 February 2024 witnessed a distressing surge in layoff announcements, marking the highest for the month since the global financial crisis of 2009, according to a report by Challenger, Gray & Christmas. The total of 84,638 planned …
Apartment landlords around America are going into default on their mortgages at decade-high rates, suggesting that the Commercial Real Estate Crash is going to get even worse in 2024. With data from Freddie Mac reporting that the serious delinquency rate on multifamily mortgages have quadrupled over the last year. With …
"Investors have piled into [Bitcoin] funds at a historic clip since their Jan. 11 launch, with total assets in the 10 U.S. spot bitcoin funds on the market swelling to nearly $50 billion."@jackpitcher20 pic.twitter.com/0FHGsqLYEU — Daily Chartbook (@dailychartbook) March 6, 2024 Bitcoin mania is back on the scene as investors …
China has taken a bold stance against Taiwan, signaling heightened tensions by excluding ‘peaceful reunification’ from its language. The move coincides with a 7.2% boost in China’s defense budget, marking three decades of consecutive military spending growth. This underscores Beijing’s commitment to modernizing its military and adopting a more assertive …
“Rent Prices Up 76% Arizona Attorney General Confirms Rent Prices Are Sky High Due To Major Landlord Companies All Working Together & Price Fixing “This happened in large part because of this conspiracy that stifled fair competition & essentially established a rental monopoly” The 1% Are Lawless In America. “Why …
Wendy’s is preparing to test an “Uber-style” surge-pricing model where prices will fluctuate throughout the day based on demand — meaning a Dave’s burger will cost more during the lunchtime rush. Wendy’s CEO Kirk Tanner — who rose to the chief role earlier this month — announced the new system …