China outlook: A “downward spiral”, reckons SocGen. “From bad to worse” and “a vicious cycle,” says Barclays. “Things could get worse before they get better,” warns Morgan Stanley.

via Reuters A look at the day ahead in Asian markets. If deepening gloom around China and a surging Japanese yen are the local market drivers in Asia, the Fed’s upcoming interest rate decision hangs heavily over world markets as growing hopes for a 50 basis point cut push the dollar to new lows for …

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Bond market is betting there’s bad things ahead. Long-term analysis suggests a potential decline of 70% from the current price level.

The bond market is placing bets as to rates will be in two years. They're betting there's bad things ahead https://t.co/o9q9qo7821 — Darth Powell (@VladTheInflator) August 26, 2024 Ya but just how bad is this? During the GFC the lowest of the low points AFTER a deep jobs recession was 168.9. Purchase demand is at …

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Schumer says Trump choosing Vance among ‘the best things’ he’s done for Democrats

Senate Majority Leader Chuck Schumer (D-N.Y.) said that former President Trump’s choice of Sen. JD Vance (R-Ohio) as his running mate is “one of the best things” that he has done for Democrats. Schumer slammed the former president for selecting Vance on CBS’s “Face the Nation,” suggesting that Trump may regret choosing the Ohio Republican …

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All good things come to an end! The S&P 500 $SPX 400 trading day stretch without falling by more than 2% has ended.

All good things come to an end! The S&P 500 $SPX 400 trading day stretch without falling by more than 2% has ended. pic.twitter.com/rgXR1xL3lo — Barchart (@Barchart) July 24, 2024 Interesting to see the 10 year yield actually move higher during the most intense part of the selling. Are treasuries no longer a flight to …

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“Don’t you dare tell the public how bad things really are.”

“Don’t you dare tell the public how bad things really are.” https://t.co/SGBusQ9W4H — Uncle Milty’s Ghost (@his_eminence_j) July 15, 2024 The European Central Bank (ECB) is indeed set to delay the findings of its leveraged loans probe following backlash from banks. The ECB had initially planned to release the results this month but will now …

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7 Things We Know About The Man That Shot Trump

by Michael I am still in shock.  When I first learned that Donald Trump had been shot, I literally had difficulty processing the information.  I watched footage of the shooting over and over, and honestly I am still trying to put the pieces together.  The Secret Service is supposed to be far better at protecting our …

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CRIME: Things are so bad out there on-duty Secret Service agents protecting the president are getting robbed at gunpoint.

CRIME: Things are so bad out there on-duty Secret Service agents protecting the president are getting robbed at gunpoint. pic.twitter.com/HM6yadmUh2 — @amuse (@amuse) June 18, 2024 Secret Service Agent Robbed at Gunpoint During Joe Biden’s Trip to California Resulting in Officer-Involved Shooting The suspect(s) has not been taken into custody. “On Saturday, June 15, 2024 …

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“We’re always talking about finances; I think any married couple will tell you that”… “Groceries for like 5 things are like $80”

Americans SLAM The Disastrous Biden Economy: "It's totally different than it was 4 years ago" "Everything is more expensive, and it's only getting worse" "We're always talking about finances; I think any married couple will tell you that" 🚨🚨🚨 pic.twitter.com/ygY2QIFExp — Wall Street Mav (@WallStreetMav) May 23, 2024 "It's getting harder and harder to be able to …

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19 Things the Middle Class Won’t Be Able to Afford in 5 Years

You’ll own nothing and be happy If current financial trends continue, middle-class Americans may find things they used to afford unattainable. Over the next five years, housing, healthcare, and transportation could exceed the budget of average earners. Though this trend is troubling, there are things that can help, like solid financial planning and changes to …

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Now things could take a turn for the worse.

Focus: Buy now, pay later lender Affirm pushes into elective medical procedures April 23 (Reuters) – Fintech lender Affirm (AFRM.O), opens new tab has started quietly offering “buy now, pay later” (BNPL) loans for elective medical procedures, in a major push beyond its core e-commerce market, the company told Reuters. Over the past year, Affirm …

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It may be a bit early to declare a full-fledged global currency crisis, but things moved decisively in that direction this week

via creditbubblebulletin: Weekly Commentary: World-Wide De-Risking/Deleveraging Despite close calls Saturday night and again on Thursday night, we at least made it through the week avoiding “the start of WW3.” I’m afraid the same cannot be said for the beginning of WW2D (World-Wide De-Risking/Deleveraging). Key speculative leverage epicenters were under notable pressure this week – global …

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And now Germans are again doing stupid things…

Historic irony: Germany is being sued over genocide complicity for helping Israel A globally widespread turn against Israel is far from complete, but Managua’s case at the ICJ is one of its clearest indications On April 8 and 9, the International Court of Justice (ICJ), often referred to as the World Court, will hold hearings …

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Are we slowly turning into China? If you watch the “wrong” things on YouTube, the Feds could demand that Google reveal your identity

via naturalnews: Privacy experts are sounding the alarm about two recent court orders that allowed the federal government to order Google to release private information about users who watched certain unapproved videos and livestreams on YouTube. According to the orders, the feds demanded information on all viewers of select YouTube videos that Washington says involve criminal activity …

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Interventions in China’s current stock market crash initially made things worse. Market freedom now = zero.

(Bloomberg) — Chinese hedge funds were looking forward to a holiday break from the market turmoil when trouble started brewing last month. One manager had his short-selling orders abruptly rejected by brokers. Another was cut off from the stock market completely. Regulators turned up on trading floors at multiple funds to monitor transactions in person. …

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