Independent thinking for complex markets and current events
One in seven Americans now use BNPL to buy groceries The number of Americans using BNPL services like Klarna, Affirm, and Afterpay for food has surged. A LendingTree survey found that 25 percent of BNPL users are using the loans for groceries—up from 14 percent last year. This isn’t budgeting. It’s survival. “A quarter of …
‼️🇺🇸 JUST IN: The U.S. Social Security Administration saw its BIGGEST DROP in benefits handed out in HISTORY. DOGE and BIG BALLS are destroying the FRAUD and waste happening on our dime! 💪🏻 pic.twitter.com/1LYfIUvyFG — Diligent Denizen 🇺🇸 (@DiligentDenizen) June 27, 2025
This scenario isn’t just about market dynamics; it’s a warning sign. With the Fed seemingly powerless over the bond market, and with investments in everything from digital art to unprofitable tech ventures defying gravity, we might be in for a rude awakening, much like the one that followed the 1920s. Im just going to call …
NVIDIA is the largest member in the Semiconductor industry and is at a new all-time high, but breadth for the industry is weakening aggressively … only 35% of members are trading above their 200-day moving average (a 1-year low) NVIDIA is the largest member in the Semiconductor industry and is at a new all-time high, …
Some Americans who secured jobs, homes, and stocks a few years ago are thriving financially. The job market has tightened, home prices have surged, and stock prices have risen. But some Americans are struggling to find jobs and afford homes — and not everyone invests in stocks. Think back on your life two to three years ago. …
In case you wonder why media thinks the economy is so good 🫡 https://t.co/0GAKoFrahd — Peter St Onge, Ph.D. (@profstonge) January 2, 2024 The rise of the "Welfare Industrial Complex" Why are GDP and jobs defying slowdown predictions? Because most new jobs — 56% — are disguised government spending. In states like Illinois and New …
These entrepreneurs, spanning various sectors, face challenges such as limited credit access, rising debt, reduced consumer spending, and escalating labor costs. One poignant example is a retail store owner, who, after a decade in the community, had to return to a corporate job to keep the business afloat. “The Economy is doing well” Let’s talk …