Independent thinking for complex markets and current events
What have we learned from the market this Fall? There are 2 paths forward for Real Estate and both are painful: 1. Higher rates, stagnant market, layoffs, prices grind flat or down 2. Lower rates that come when the economy collapses, not because the Fed waves a magic wand — Amy Nixon (@texasrunnerDFW) December 20, …
Kamala very purposefully trying to relive the days of the coconut memes pic.twitter.com/aCVCowFxPR — Charlie Spiering (@charliespiering) December 17, 2024 We Dodged a Bullet: Another Brain Dead Comment From Kamala Harris on Her Humiliating Defeat (VIDEO) We sure dodged a bullet. Kamala Harris on Tuesday delivered a speech to Prince George’s Country, Maryland students about …
Authored by Charles Hugh-Smith via oftwominds, All three pillars propping up workforce spending are cracking. Plan accordingly. Karl Marx and Henry Ford both understood the key pillar of an industrial economy: the workforce has to earn enough to buy the output of the economy. If the workforce doesn’t earn enough to have surplus earnings to spend …
“The year is on track to have the slowest housing market in three decades, with a projected four million home sales, according to the National Association of Realtors — making 2024 the second straight year of historically anemic sales” Record low demand and sales, stubborn sellers holding out for higher prices, persistent high interest rates, …
by Martin Armstrong What began as a special military operation has turned into the start of the next world war, and Russia is paying heavily. Russian President Vladimir Putin passed a new budget over the weekend that will allocate 32.5% of the total budget (13.5 trillion rubles) for FY25 to defense spending, which accounts for …
BREAKING: 'World War III has officially begun' according to Ukraine's former military Commander-in-Chief Valery Zaluzhny pic.twitter.com/izrVplNfka — Overton (@overton_news) November 21, 2024 Ukraine's former military Commander-in-Chief Valery Zaluzhny said that the direct involvement of Russia's autocratic allies in its war on Ukraine means that World War III has started.https://t.co/YA1WUVm0jH — POLITICOEurope (@POLITICOEurope) November 21, 2024 🚨#BREAKING: …
Nvidia $NVDA only expects revenue of $37.5 billion next quarter. The growth is slowing. (*Reminder, all of these companies are using Non-GAAP instead of GAAP because it allows them to do round-trip financing 🤫) https://t.co/RTniBc6M8j pic.twitter.com/7cNDvdbNIx — Financelot (@FinanceLancelot) November 20, 2024 Doesn't matter, as soon as growth evaporates the stock crashes because it's massively …
Nevada’s Supreme Court on Monday ruled mail-in ballots without postmarks can be counted three days after Election Day. The Democrats use mail-in ballots to cheat so the Trump campaign and Nevada GOP filed a lawsuit against the Nevada Secretary of State arguing against the state’s law allowing mail-in ballots to be counted after the election. …
by Mike Shedlock Let’s discuss momentum. Nate Silver mostly dismisses it, but I don’t. And the election is in 17 days. Yesterday, the Silver Bulletin election model flipped from Harris to Trump barely. That’s the first Trump lead since September 19. Does Trump Have Momentum? My answer is clearly. But Nate Silver mostly disagrees in …
That would mean accountability. I am all for accountability. — floridanow1 (@floridanow1) October 5, 2024
pic.twitter.com/mGn7GjaxSD — Darth Powell (@VladTheInflator) September 26, 2024 luckily we know why pic.twitter.com/kVKFQef2Gf — Darth Powell (@VladTheInflator) September 26, 2024 pic.twitter.com/K9sULOAvWU — Darth Powell (@VladTheInflator) September 26, 2024
View post on imgur.com https://www.conference-board.org/topics/consumer-confidence Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday. The board’s consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August …
Three Mile Island’s Nuclear Plant to Reopen, Help Power Microsoft’s AI Centers The 20-year deal with Constellation Energy would kick-start the site of the nation’s worst nuclear accident A deal between Constellation Energy and Microsoft will restart Pennsylvania’s Three Mile Island, the site of the country’s worst nuclear accident, to help power the tech giant’s …
D.C.’s signature program for first-time home buyers has run out of money this budget cycle after just three months, disrupting home searches for eligible residents for the second time since June. The District’s Home Purchase Assistance Program (HPAP), intended to lift people with very low to moderate incomes into homeownership with significant loan assistance, has …
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 in 2020. August’s spike in filings follows the earlier highs of 72 in June and …
Barclays analysts downgraded Adidas, Burberry and Gucci owner Kering following a two-and-half week trip to China in which they grew more cautious on the world’s number-two economy. Analysts Wendy Liu and Carole Madjo said they went to visit brands, luxury malls, retailers, investors and other sector experts. “The sentiment on the ground was much more …
By Pam Martens and Russ Martens: September 3, 2024 ~ The Office of Financial Research (OFR), the federal agency created after the 2008 financial collapse on Wall Street to defog the lenses of federal regulators to prevent a replay of that disaster, has posted frightening graphs on its website as part of its “Hedge Fund …
by Mike Shedlock Kamala can hide behind her newfound support (lie) for fracking as long as she has “environment justice” and the courts on her side. DC Court Vacates LNG Approval Please note DC Court Vacates LNG Approval at Port of Brownsville The D.C. Circuit Court on Tuesday ruled against approval of liquefied natural gas (LNG) …
Is the dream of a work-free retirement gone for good? A new study reveals that more than one in three retired Americans are going back to work – and not because they miss the daily grind… From Peter Reagan for Birch Gold Group Key Takeaways Many Americans require more gradual transitions into retirement Running out of …
I’ve said this many times over the past few days. Trump has said he’s not involved in Project 2025. Why do Democrats keep repeating this lie? It’s because: 1. They have nothing legitimate to campaign on so they campaign on a lie. 2. They have low information followers who… — Think for Yourself (@PhilipBLee) August …
by Michael What in the world has happened to our military? When I was growing up, I was proud that my father was an officer in the U.S. Navy. At that time we possessed the most powerful military in the entire world by a wide margin, and as a result nobody wanted to mess with …
A court in Latvia has sentenced a pro-Kremlin activist to three years in prison for publicly displaying Russian and Soviet flags, media reported Wednesday. Jelena Kreile has previously been seen wearing pro-war symbols and holding pro-Russian signs at anti-war rallies in the Latvian capital of Riga. The Latvian-born housewife, who only speaks Russian, faces 15 administrative cases for using …
Oversight Committee? Hahaha seriously… has anyone ever heard or read about anything the Oversight Committee has done to change things? Ever? Good thing they subpoenaed them.. I’m sure that will work.. — Todd (@Daddy__Wags) July 10, 2024 https://twitter.com/LeDirtySanchez/status/1811142765113397605
Saudi Aramco has initiated its first dollar bond sale in three years. The oil-rich kingdom’s state-owned company is seeking to raise at least $3 billion, with the possibility of increasing the size based on investor demand. The debt offering includes three tranches with maturities of 10, 30, and 40 years. Initial pricing thoughts indicate spreads of approximately 140, 180, and 195 …
A massive fire occurred at 61 Water St in Middlesex, New Jersey, trapping residents and causing significant damage. Firefighters responded to the scene, and reported rescues were made using ground ladders during the intense fire. According to local reports, two officers and one civilian were taken to the hospital. The situation is still unfolding, and authorities are actively addressing the …
Most think the inner Biden circle just doesn’t realize how bad it’s getting and tuning everyone out. But a few are openly wondering if they aren’t doing it because Biden can’t. — Alex Thompson (@AlexThomp) July 2, 2024
Russia blames U.S. for deadly missile attack on Crimea that killed five people, including three children, and wounded over 100. byu/External-Noise-4832 inconspiracy Russia says US is to blame for attack on Crimea Ukraine struck Crimea with U.S. ATACMS, Russia says Russia summons US ambassador in Moscow MOSCOW, June 24 (Reuters) – The Kremlin on Monday …
President Joe Biden vowed in November 2022 to pursue measures beyond the ballot box to prevent former President Donald Trump’s reelection. That sensational pledge preceded an eruption of extraordinary legal assaults on Trump, with one pivotal date emerging that undercuts Biden’s denial of White House involvement. That day, November 18, 2022, the significance of which …