Independent thinking for complex markets and current events
by Mike Shedlock The share of spending by the top 10 percent keeps rising. Economy Increasingly Dependent on the Wealthy The Wall Street Journal reports The U.S. Economy Depends More Than Ever on Rich People Many Americans are pinching pennies, exhausted by high prices and stubborn inflation. The well-off are spending with abandon. The top 10% …
Option skew has only hit 180 once in history. That was today. The next highest level was 174 in early December. Eight out of the top ten skew readings in history are now in December. Every reading above 170 is in 2024 (blue rectangle). Wow. pic.twitter.com/MtnwoJxtI4 — Mac10 (@SuburbanDrone) December 27, 2024 Last week's rate …
Breaking! Elon Musk Has Declared War On The Deep State As We Learn Over Ten Government Agencies Funneled Billions To Reuters To Manufacture Hit Pieces Against The Space X Leader. I was the test case for this type of Deep State / Main Stream Media Collusion Psyop. Live Reports… pic.twitter.com/O3ZVIsJ84l — Alex Jones (@RealAlexJones) December …
Cost-of-Living Stress Fuels Crime Wave in Australia, New Zealand (Bloomberg) — A man strolls out of a New Zealand supermarket carrying bags stuffed with nine stolen legs of lamb. Another pushes out a shopping cart stacked with NZ$1,500 ($896) of pilfered corned beef and mayonnaise. Yet another smashes a security guard in the face with …