Independent thinking for complex markets and current events
A massive explosion has erupted at an industrial refrigeration plant in Pennsylvania injuring three people. The manufacturing facility possibly owned by Johnson Controls, is an industrial conglomerate that makes HVAC and security systems for buildings, Newsweek reported. The calamity took place on Tuesday morning around 7:30 am at the plant located at 100 Cumberland Valley Ave in Waynesboro, near …
⚠️🚨#BREAKING : Cuba confirms the arrival of three Russian ships and a nuclear submarine in a week. pic.twitter.com/W6zUUc6pWC — MonitorX (@MonitorX99800) June 6, 2024 Agroup of Russian naval ships, including a nuclear-powered submarine, will visit Cuba next week as part of “historically friendly relations,” Cuba’s government said Thursday. The Russian “frigate Gorshkov, the nuclear-powered submarine …
Local banks are #Helldiving now. pic.twitter.com/o8yizsVYzg — David Macfarlane (@Ex_Verum) June 5, 2024
The number of NEW single-family houses for sale has surged to 480,000 in April, the highest since the 2008 Financial Crisis. Excluding the 2008-2009 housing crisis this is by far the largest supply of new homes in US history. Here’s the FRED chart in case anyone questions the veracity of the chart: https://fred.stlouisfed.org/series/HNFSEPUSSA New home …
Three American children struck by lightning on a beach in San Juan, Puerto Rico. The kids were huddling together in the rain. All three are still alive, with one in critical condition.pic.twitter.com/8Xv89SZ4i6 — Citizen Free Press (@CitizenFreePres) May 29, 2024 Authorities reported that the lightning strike happened on Monday, causing serious injuries to the children. …
Three leading members of Speaker Mike Johnson’s policy team are leaving his office by the end of May, robbing the House’s top Republican of a critical core of experienced aides. Brittan Specht, Jason Yaworske and Preston Hill — all of whom also worked for former Speaker Kevin McCarthy — are heading to Michael Best Strategies, …
Families will today be urged to stockpile three days’ worth of food and water to help build national ‘resilience’. Deputy Prime Minister Oliver Dowden will advise people to make contingency plans for dealing with potential emergencies such as prolonged power cuts, cyber attacks and floods. Last year, Mr Dowden said people should stock up on …
2 dead, more than a dozen injured in 3 Alabama mass shootings Sunday Story by Taylor Lang The Gun Violence Archive lists any shooting with four or more victims as a mass shooting. So far, according to the Gun Violence Archive, there have been more than 145 mass shootings in 2024. Sign up for our …
Education Secretary Miguel Cordona faces legal challenges as three federal lawsuits contest the legality of the Biden administration’s Title IX rule overhaul. Allegations of undermining constitutional freedoms, due process protections, and women’s rights underscore the contentious debate over the expanded interpretation of Title IX. Key Points: Three federal lawsuits challenge legality of Biden administration’s Title …
Discussions on the use of frozen Russian assets to help Ukraine are still ongoing. A collective decision will be announced at the G7 summit, says Denys Maliuska, Minister of Justice of Ukraine. “The US has taken the first important step. They have decided to authorize the US administration to confiscate Russian assets. In full, not …
A tense situation unfolds in Kenner, Louisiana, as law enforcement responds to an active shooter incident, leaving three officers and two individuals injured. With SWAT teams deployed, authorities urge caution as the scene remains highly dynamic. 🚨#BREAKING: Law enforcement is on the scene of an active shooter with reported injuries including three officers who have …
by betsharks0 In this case, the interest rates on 10-year bonds higher than s&p It could suggest that people are becoming less worried about the immediate future compared to the long-term outlook. IN RECESSION Scenario: If the yield curve is normalizing during a recession, might be due to the belief that the worst of the …
Ecuador has ordered public and private sector workers to take Thursday and Friday off to save energy in response to unprecedented power outages. Sudden blackouts began hitting the South American nation on Monday, prompting a furious reaction from president Daniel Noboa, who fired Andrea Arrobo, his energy minister. Experts point to a drought, triggered by …
Mom, 28, forced to sell her dream car after forking out $40,000 in INTEREST alone over three years – as America’s auto debt spirals to $1.6 TRILLION. Despite paying $1,400 a month in payments totaling more than $50,000, she still owes a balance of $74,000 to her lender – GM Financial. Not only did she …
The UK summoned Israel’s ambassador in London Tuesday to hear its “unequivocal condemnation” of the killing of three British and four other staff of a food charity in a Gaza missile strike. The summons, which the Foreign Commonwealth and Development Office said the Israeli ambassador attended, came as Prime Minister Rishi Sunak called on Israel …
by Michael Is it just a coincidence that “blood moon eclipses” are occurring on Purim for three years in a row just as a great war erupts in the Middle East? Yesterday, one of my readers wrote to me and pointed out a video where someone was talking about this. I had previously written about the “blood …
After two years of legislative debate and loud and persistent grassroots citizen activism, the Georgia Assembly voted to beef up security in Georgia’s elections substantially. According to election security activist David Cross, one of the most significant changes will be the addition of a”visible watermark security feature” on ballots that will identify each ballot as …
Today 4 living presidents are in NYC. 3 are going to a fundraising event with Stephen Colbert and Lizzo. 1 is at a wake for a slain NYPD Officer. Speaks Volumes pic.twitter.com/mqPiColwJV — Benny Johnson (@bennyjohnson) March 28, 2024 Donald Trump’s remarks at the wake of slain NYPD officer Jonathan Diller pic.twitter.com/DzkLFlllqP — Benny Johnson …
A British Airways Boeing 777-200ER flying from New York-JFK to London-Gatwick (LGW) was forced to divert to St John’s in Newfoundland, Canada after one of the pilots became incapacitated. The flight, with flight number BA 2272, departed New York-JFK at 21:54 on March 14, 2024, for the seven-hour and 50-minute flight back to London, where it was …
via Mike Shedlock What’s the key item that’s wrong in the following table of GDP, inflation, unemployment, and interest rate projections? Where’s a Recession? Has the Fed, the nonpartisan Congressional Budget Office (CBO), or the White House Office of Management & Budget (OMB) ever forecast a recession? The answers are no, no, and no. Yet, …
The cost of living in Geneva Our lease is open-ended, and any rent increases are linked to an index based on inflation. We haven’t experienced a rent hike in the past 15 years, primarily because there hasn’t been significant inflation here. When we first signed the lease, the security deposit was set at three months’ …
Please listen to this from @dbongino he’s absolutely right! If Ken Buck isn’t lying and 3 more RINO’s leave, Jeffries becomes speaker. All investigations end , certification is in peril AND Bucks sudden departure puts Bobert at risk. YES they hate Trump that much. pic.twitter.com/TIQ1snveLC — Rosie Memos (@almostjingo) March 13, 2024 Five other House …
This is from The Gateway Pundit: Money quote: “At about the 1 minute and 24 second mark, a Hispanic male on the younger side decides to scale the scaffolding, turns around, brandishes a firearm, aims the gun into the sky, and fires off two rounds… And then very interestingly to me anyways, he climbs right …
The state of our union under President Biden: three years of decline. pic.twitter.com/Da1KOIb3eR — Speaker Mike Johnson (@SpeakerJohnson) March 7, 2024
Primetime read the border bill so you don’t have to and we found that it wouldn’t stop a single migrant from breaking into our country. So what’s the $20 billion for? Processing illegals, handouts and loopholes. Primetime read the border bill so you don’t have to and we found that it wouldn’t stop a single …
Ripped off REAL GOOD! America’s savings rate shame: Three biggest US banks last year raked in $200B from higher interest rates on loans but pay only 0.01% to savers – is YOUR bank ripping you off? https://www.dailymail.co.uk/yourmoney/savings/article-13020787/Americas-savings-rate-shame-Three-biggest-banks-raked-200BILLION-higher-rates-loans-year-refuse-raise-0-01-percent-yields-savers.html America’s three biggest banks raked in nearly $200 billion from higher interest rates last year – yet have failed to …
by jab136 I was just compiling my Limit halt data, as I do every day (download an excel from https://www.nyse.com/trade-halt, then copy the data to my spreadsheets). I noticed that there were two separate banks that had volatility halts today, went and checked the tickers and they fell dramatically. my spreadsheet data PNBK (Patriot National Bancorp) …
Breaking: 3 B52 "long-range strategic bomber" planes landed in Israel. pic.twitter.com/IXPMsy1lmO — leonskee (@leeonskee) January 28, 2024 🔴🔴 3 aircraft of B52 strategic bombers have now landed at Ben Gurion Airport This is how #America supports its ally #Israel.. Tell me what 22 Arab countries and 50 Muslim countries offered to their oppressed brothers in …
via Daniel Lacalle: Market expectations of rapid disinflation and a soft landing remain, but January has given a few new risks to the optimistic estimates of disinflation with no impact on the economy. The first risk comes from the commodity complex and freight costs. Market participants have all but ignored the spread of geopolitical risk and assumed …
via Mike Shedlock: Budget problems haven’t changed for a year: the debt ceiling, Ukraine, and the Border. Israel is logically a distinct issue but is lumped with Ukraine. A partial government shutdown looms on January 19. Shutdown Deadlines January 19: A partial shutdown turns off funding for the departments of Agriculture, Transportation, and Housing and …