A hub for independent voices and hard truths
The market is up 6540% + since 1967 But ONLY 600% when adjusted for inflation You can’t make this up… pic.twitter.com/d5B3VLrbmL — Bravos Research (@bravosresearch) October 6, 2024 It’s no surprise that gold is having its best year in decades. …
TLDRS: US bankruptcy filings surged in August, reaching 63 filings, up from 49 in July, marking the third-highest monthly total in 2023. The year-to-date total for 2024 stands at 452 filings, nearing the 466 filings recorded during the same period …
🚨ELON ON TRACK TO BECOME WORLD'S FIRST TRILLIONAIRE BY 2027 Elon is on pace to become the world's first trillionaire by 2027, according to a report by Informa Connect Academy. With his wealth growing at an annual rate of 110%, …
Borrowing in JPY, exchanging for USD (unhedged), buying US equities now they need to buy a rising JPY to cover their new obligations, and to get it they need to sell those equities. h/t _amc_
Between prices rising faster than earnings and now higher interest rates drastically pushing up borrowing costs, the typical American family has gotten crushed financially – it's the equivalent of knocking about $7,800 off their annual income, compared to Jan '21: …
Rents have been rising faster than wages across the United States. Between 2019 and 2023, nationwide rents increased by 30.4%, while wages during the same period rose by 20.2%. This trend has particularly affected large cities like Atlanta, Charlotte, Miami, Phoenix, and Tampa, …
In a heartbreaking reflection of the current state of housing affairs, a staggering 36% of Gen Zers and millennials gearing up to purchase their first homes cling to hope in the form of cash gifts from family. This reliance on …
“#China: Bank of Communications reported that its property bad loan ratio jumped to 4.99% at the end of last year from 2.8% a year earlier. Industrial & Commercial Bank of China saw its bad loans from residential mortgages rise 9.6% …
Home Prices rose by 6% year-over-year during January, the fastest increase since January 2022 pic.twitter.com/SxWWnQ4BcA — Win Smart, CFA (@WinfieldSmart) March 27, 2024 Home prices increased at the fastest clip since 2022 at the start of the year, according to …
Despite sanctions, Russian revenues from the sale of raw materials increased by 80% – WION Despite Western sanctions, Russia's oil and gas revenues grew by more than 80% in February, reaching $10 billion, WION reports. The Finance Ministry said Tuesday …
JUST IN – Cryptocurrency Shiba Inu (SHIB) surged 257% YTD pic.twitter.com/PtZujHENIg — Insider Paper (@TheInsiderPaper) March 5, 2024
by confoundedinterest17 So much for “The Fed killed inflation” narrative. Inflation is still alive and well in housing prices. Particularly in cities like Miami and Detroit? Maybe the Lions winning their division for the first time in 30 years helped! …
Bitcoin just hit 42k People that know shit about how the market works will tell you they knew it 😂 Just options driven https://t.co/dPLIY3qcBS — Alessio (@AlessioTMAD) December 4, 2023 JUST IN: Bitcoin is now up ~$2,000 in 24 hours …
In 2008, the European Union had a larger GDP ($16.3T) than the US ($14.8T). 15 years later, the US’s GDP is $25.4T, while Europe’s is basically unchanged at $16.6T. Both economies were on par until the GFC, but the US …
Cocoa surged to the highest level in 44 years as global shortages boost costs for chocolate makers, per Bloomberg: pic.twitter.com/5kiCSQ4t4f — unusual_whales (@unusual_whales) October 24, 2023
by confoundedinterest17 Inflation under Biden has been very painful for the US middle class and low wage workers. That inflation has resulted to surging mortgage rates thanks to The Fed’s counterattack. The result? Mortgage rates are up 134% under Bidenomics, …
via businessinsider: Elon Musk poked fun at the legendary investor Bill Miller for shorting Tesla stock when it was less than half its current value. In a tweet on Saturday, the Tesla and SpaceX chief replied with a laughing emoji …