Independent thinking for complex markets and current events
This has been a ruthless year for American pizza chains. Even for giants like Domino’s, financial problems are piling up. Consumers are eating out less in 2024 because their buying power has been hit by the rising costs of everyday goods and services. Consequently, the largest pizza chain in the U.S. is seeing sales drop …
by Michael Chaos is starting to erupt all over the planet. Martial law was just declared in South Korea, civil unrest is raging in the streets of Georgia, and civil war threatens to topple the Assad regime in Syria. It is almost as if someone decided to flip a switch and now vast hordes of …
by Martin Armstrong The pardon Biden gave his son identified these two cases and any offenses that Hunter Biden “committed or may have committed or taken part in during the period from Jan. 1, 2014, through Dec. 1, 2024. However, reliable sources suggest that Hunter was involved with the bio-labs in Ukraine before 2014 to …
by notayesmanseconomics This has been a rather extraordinary year for interest-rate expectations. We came into the year with expectations having been fed by the US central bank. The quotes below come from the 14th of December last year. So we moved onto expectations of them cutting interest-rate next year and in fact there was even …
The idea of America as an exceptional nation, superior to its rivals and therefore destined to lead the world, seems passé to most observers. In political, diplomatic and military circles, the talk is of a dysfunctional superpower, isolationist abroad and polarised at home. But in the investing world, the term “American exceptionalism” is hotter than …
China’s currency is not freely convertible, no common monetary authority, no large and liquid bond market and lack of legal agreements, US Dollar reserves are still nearly 60% of total with euro the next closest. More than 80% of global transactions take place in dollars due to the large, liquid US treasury market. BRICS currency …
Highest ever! Renowned contrarians! (Not a precise timing indicator BUT almost always ends badly) Go figure….. US Consumer confidence about the 12m outlook for the US stock market pic.twitter.com/hGtFPqlOWG — Chris Watling (@LongviewEcon) December 3, 2024 Positioning on S&P 500 Is Very Extended pic.twitter.com/ZleRSyP4j3 — Win Smart, CFA (@WinfieldSmart) December 3, 2024 Wall Street Short …
The Conference Board Leading Economic Index (LEI) fell -0.4% in October and hit its lowest since March 2016. This index has not seen an increase for 32 consecutive months, the longest streak on record. The streak has even exceeded the previous records of 25 months in the 1974-1975 recession and 24 months during the 2008 …
Dr Thomas Seyfried is a Professor of biology, genetics, and biochemistry at Boston College. He has over 150 peer-reviewed publications and is also the author of books such as, ‘Cancer as a Metabolic Disease: On the Origin, Management, and Prevention of Cancer’. AC
THE VIEW SAYS 'DON'T CALL JOE BIDEN A LIAR.'pic.twitter.com/ijtrf9VxSJ — Citizen Free Press (@CitizenFreePres) December 2, 2024 The View co-host Whoopi Goldberg won’t hear a bad word against Joe Biden. On Tuesday’s edition of the ABC show, Goldberg got in a spat with fellow co-host and the show’s token “conservative,” Alyssa Farah Griffin, when discussing …
https://twitter.com/WaltSanDiego/status/1863731174415171881 $MSTR was down over 75% from its peak in August 2021 to its low in Summer 2022. You’ll see the same price action in the next downturn which means there are a lot of newer investors that are going to take huge loses. Buckle up baby! — Ray Zalinsky (@RayZalinskyCAP) December 2, 2024 They …
heap Chinese electric vehicles are being blamed for the collapse of car manufacturer Nissan. The Japanese auto firm, which employs 7,000 people in the UK and 17,000 in the US, has embarked on a huge cost-cutting programme after suffering heavy losses. Nissan said last month it would axe 9,000 jobs and 20 per cent of …
Link:https://t.co/lHbaCra43b pic.twitter.com/2N52ECGZnI — QE Infinity (@StealthQE4) December 3, 2024 pic.twitter.com/7CgoDZFhhI — Darth Powell (@VladTheInflator) December 3, 2024
https://twitter.com/saras76/status/1863755651538653687
Stoli Group USA, the owner of the namesake vodka, has filed for bankruptcy as it struggled to contend with slowing demand for spirits, a major cyberattack that has snarled its operations and several years of fighting Russia in court. The company in its bankruptcy filing said it is “experiencing financial difficulties” and lists between $50 …
BREAKING: President Biden bypassed the Justice Department's Pardon Office to pardon his son, Biden has relied on the pardon office for every other act of clemency – CNN pic.twitter.com/HgkNy1WbRd — Breaking911 (@Breaking911) December 2, 2024 Was someone holding his hand while he was "signing" this, or did he forget how to spell "Biden" For a …
HOLY SMOKES: @ScottJenningsKY takes a blowtorch to DNC shill who says Biden ‘wasn’t lying’ when he said he wouldn’t pardon Hunter. This is four minutes of straight FIRE: “It’s all a lie. It is all a grift. Every American except the most partisan, brain-rotted people are going to be outraged by this.” “Joe Biden is …
The Roosevelt Republic—the progressive age that extended social welfare and equal rights to a widening circle of Americans—endured from the 1930s to the 1970s. At the end of that decade, it was overthrown by the Reagan Revolution, which expanded individual liberties on the strength of a conservative free-market ideology, until it in turn crashed against …
Tommy Ching on the Joe Rogan podcast: "If you own a gun, you're not very intelligent."pic.twitter.com/2iQ4ru4Laj — Community Notes & Violations (@CNviolations) December 3, 2024
After a weekend of disappointing macro data (which was characterized as “mixed”), China’s markets tanked. Not stocks, of course, instead more record lows in bonds plus a very sharp drop in CNY. As we know only too well, CNY DOWN = BAD and yuan is right back near multi-year lows. It’s not the only one, …
Enjoy the final weeks of elevated equity prices and narrow credit spreads, before a reversion to the mean. Only a miracle can fix this chart. pic.twitter.com/bS0iiblkmg — Guilherme Tavares (@i3_invest) December 2, 2024 The Monday after Thanksgiving in 2021 was an up day. It was the last chance to get out. pic.twitter.com/pULj8PJcRf — Mac10 (@SuburbanDrone) …
After years of managing household budgets through the stress of the worst inflation in a generation, US families are increasingly pressured by a different kind of financial squeeze: The cost of carrying debt. Two years after the Federal Reserve began hiking interest rates to tame prices, delinquency rates on credit cards and auto loans are …
The Federal Reserve’s unchecked power and fiat currency system are under fire as Ron Paul, former U.S. Congressman and Host of @RonPaulLibertyReport calls for major reforms. Paul argues that the Fed’s authority is unconstitutional, contributing to spiraling national debt, rising inflation, and systemic economic instability. He highlights how the Fed’s influence, under Jerome Powell, operates …
A startling new investigation has revealed that the Organized Crime and Corruption Reporting Project (OCCRP), an investigative journalism juggernaut with a hand in shaping global political narratives—including the first impeachment of President-elect Donald Trump—is majority-funded by the U.S. government. The report was published by Drop Site News in partnership with European investigative outlets. The OCCRP, …
Over $2B Gone: “Unfathomable Damage” to the Party They Spent Over $2 Billion & Did “Unfathomable Damage to the Party” Kamala Harris spent over $1.2 billion on a failed campaign, and the Democrat Party now owes $20 million. After PACs and other funds are added up, it will potentially come to over $2 billion spent. …
After playing a significant role in the coup against outgoing President Joe Biden, former House Speaker Nancy Pelosi (D-CA) is back doing what she knows best: plotting another ouster within the Democratic Party. According to a New York Times report, Pelosi seeks to shake up a critical House Committee. She is leading an effort to …
The head of MI6 has said a “staggeringly reckless campaign of Russian sabotage” has been uncovered in Europe. Speaking at the British embassy in Paris, Sir Richard Moore said Russia was trying to “sow fear about the consequences of aiding Ukraine and challenge Western resolve in so doing”. It comes after a DHL plane crash …
Joe Biden discussed pardoning his son Hunter 6 months ago while he was publicly claiming he would not issue Hunter a pardon or commute his sentences. On Sunday, outgoing White House resident Joe Biden issued a full and unconditional pardon to his son, Hunter Biden, absolving him of any federal crimes committed between 2014 and …
