Independent thinking for complex markets and current events
Everyday costs are exploding. Gas is up 94 percent. Electricity is up 78 percent. Fuel is up 49 percent. Hotels are up 38 percent. Rent and food are up 25 percent. Average earnings have fallen 2.8 percent. Citizens are being squeezed from all sides and the economic strain is driving a subtle exodus. This is …
IBM has now slid 9 out of its last 10 trading days. That’s a 17% drop, and it landed squarely on its 200-day moving average, historically a trampoline but right now more like a stress test. https://www.barchart.com/stocks/quotes/IBM/technical-analysis Volume hasn’t picked up. No clear buyers stepping in. Technical indicators are flashing strong sell, RSI around 41, …
TRUMP AND XI ARE PLAYING A GLOBAL GAME OF ECONOMIC JENGA… AND IT’S GETTING WOBBLY This isn’t just a trade war anymore. It’s economic Jenga, and both sides are pulling the same crucial piece: global supply chains. Spoiler alert — the tower’s wobbling. Trump hit China with 145% tariffs. That’s not a slap, it’s a …
The US economy is edging precariously close to a recession, and it's flashed a handful of warning signs in just the last week that suggest a downturn is on the horizon, according to Société Générale + BI. — unusual_whales (@unusual_whales) June 11, 2024 This is crazy. They are calling 2024 “Restaurant Armageddon” as the consumer …
The surge in missed payments suggests that many households are experiencing financial distress akin to a recessionary environment, despite broader economic indicators. In a chilling turn of events, serious delinquency rates for auto loans have skyrocketed to 2.8% in Q1 2024, the highest since the aftermath of the 2008 financial crisis. This surge paints a …
Here is the list of the top leveraged banks. pic.twitter.com/tDrNb3kzIw — The Coastal Journal (@1CoastalJournal) May 12, 2024 Who didn’t see this coming? This is just getting started unfortunately. Almost $1 trillion of debt is rolling over in 2024 and needs to be refinanced at higher rates. Good luck with that. pic.twitter.com/my3e7stE1J — QE Infinity …
Insiders have been dumping shares heavily over the last 60 days pic.twitter.com/KrT0SyQgQm — Win Smart, CFA (@WinfieldSmart) April 3, 2024 As the storm clouds gather on the horizon, a chilling revelation strikes fear into the hearts of investors: insiders are fleeing the market en masse, signaling a looming crisis. Over the past 60 days, insiders …
In the realm of economic indicators, recent trends in the US retail sector are sending warning signals. Real retail sales have declined by 1.6% year over year, a concerning downturn that historically precedes a recession. Moreover, the stagnation in retail sales is mirrored by a surge in unsold new-build inventory, indicative of weakening consumer demand. …
by Michael A “perfect storm” is raging all around us, and our world is so close to plunging into a complete and utter state of chaos that even the mainstream media is talking about it. The past several years have been a time when multiple major wars have begun, pestilences have paralyzed the entire planet, …
In a worrisome turn of events, Ethiopia has become the latest casualty in the escalating global debt crisis, defaulting on its financial obligations. Unfortunately, this is just the tip of the iceberg as the consequences of decades-high interest rates continue to reverberate across the world, putting immense pressure on the global economy. Some of the …
You’ll see the US bond and stock markets begin to crumble and collapse this week. Has anyone looked at the Japanese 10 Year?? It’s off the charts now. The contagion will probably start in Japan. https://www.marketwatch.com/investing/Bond/TMBMKJP-10Y?countrycode=BX https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page “Volmageddon” February 5, 2018 I'll explain why this particular event is important after markets close.pic.twitter.com/1d7RBpVOsB https://t.co/uGIsyqM1gI — Financelot …
