Independent thinking for complex markets and current events
The US Treasury grapples with dwindling cash reserves, teetering on the brink of a debt crisis as tax day’s boost fades into obscurity. With just $45 billion remaining before hitting the theoretical limit, the nation faces an imminent surge in national debt, signaling turbulent times ahead for the economy. April’s tax day influx of $250 …
Real estate is completely collapsing. There is no question. Don’t let anybody lie to you. This is South Padre Island, Texas. I lived there for more than a decade. I have never seen even 1/10 of this number of units available at once. 284 houses for sale at the same time. pic.twitter.com/AABH4oM45C — Uncle Milty’s …
Never waste good chance to have fun. h/t Harmful bug
Nobody should have to go to jail for smoking weed. We must continue to change our nation’s approach to marijuana while reforming the justice system so it finally lives up to its name. pic.twitter.com/AJFmexf8a3 — Kamala Harris (@KamalaHarris) April 20, 2024 @TulsiGabbard calling out the former top cop of California for incarcerating people who smoked …
Oh, did you know that in sunny California, you can stroll into any old shop 365 days a year and swipe $949 worth of stuff off the shelves? And get this, you won’t spend a single second behind bars! Oh, but it gets better! Apparently, according to the law of the land, smacking around a …
Appeals court judge denies Trump’s bid to delay next week’s hush money trial Justice Lizbeth González of the state Appellate Division issued the ruling after attorneys for the former president argued the trial needed to be halted because “an impartial jury cannot be selected right now based on prejudicial pretrial publicity.” González rejected the request …
by TonyLiberty If you open a Roth IRA at 18 and invest $100/week into an S&P 500 index fund until you’re 40, you should have $500,000 tax-free. You’ll only spend $100,000 of your own cash and the gains are due to compounding returns. This is the power of time.
Multiple U.S. agencies said on Friday that for the first time, the rampant bird flu has spread to dairy cattle. Impacted cows have been found across several states as officials reemphasize the importance of only consuming pasteurized dairy products. The U.S. Department of Agriculture, Food and Drug Administration and Centers for Disease Control and Prevention …
Twice-failed presidential candidate Hillary Clinton and impeached former President Bill Clinton are “quietly” and “steadily” staging a comeback ahead of the 2024 presidential election, according to a lengthy profile published by the New Yorker on Monday. The former secretary of state and her husband are covertly supporting the scandal-ridden re-election campaign of President Joe Biden, …
For everyone concerned that WWIII might not get started on time… https://t.co/XrPQzPzFO5 — Chris Martenson (@chrismartenson) February 25, 2024 NATO announced they will make Ukraine part of NATO, which for Russia is a red line they cannot allow. Putin will use everything, including nuclear weapons to stop NATO from being in Ukraine. So why is …
The Supreme Court on Tuesday morning issued orders from the justices’ private conference on Friday, Feb. 16. The court did not add any new cases to its merits docket, but Tuesday’s list of orders featured several notable denials of review – including in a pair of cases that the justices have been considering since late …
The test firing of a Trident missile from a Royal Navy submarine has failed, for the second time in a row. The latest test of the UK’s nuclear deterrent was from HMS Vanguard and was seen by Defence Secretary Grant Shapps. The missile’s booster rockets failed and it landed in the sea close to the …
U.K. announces they are CHANGING the way excess deaths are calculated View post on imgur.com ‘Release date: 20 February 2024 1. Main changes Trends in population size, ageing and mortality rates are accounted for by the new method for estimating the expected number of deaths used in the calculation of excess mortality (the difference between …
The US will defend its personnel and interests, and has taken significant action to deter groups and degrade their capabilities in Iraq, Syria and Yemen, he said. President Biden has been “very clear that we want to prevent broader escalation” in the region but has also warned that the US will respond “strongly” to anyone who will …
Plants apparently scream when attacked by caterpillars, alerting nearby plants, and release a substance into the air to attract birds to come and eat them!!! Much more in Video. 0:00 Plants talking to each other 0:45 Types of plants communications 1:30 Volatile compounds released by plants 2:20 What these compounds do 3:20 e.g. nicotine 3:45 …
Betsy Anderson’s luck with refrigerators stinks as badly as the food she’s tried to keep cold. “One morning I went to get milk out and it was sour,” said the Redwood City homeowner. First, a $2,800 Kenmore Elite fridge — with an LG compressor inside — died in late 2019. “It was like 15 months …
Writer Andrew Sullivan told MSNBC host Ari Melber to his face on Friday that he works for a propaganda company. During a lengthy debate on Bill Maher’s HBO show “Real Time” about the significance of Donald Trump’s political resurgence, Sullivan observed how the Democratic Party’s reaction to Trump is eroding American democracy. “What the Democrats …
Inverse Cramer is the only thing keeping him relevant — Houseknecht Automotive (@Houseknech9360) January 3, 2024 Cramer yesterday telling everyone to buy crypto. They knew.pic.twitter.com/cN4qfFlj7V https://t.co/6ES1yUbtJn — Financelot (@FinanceLancelot) January 3, 2024
The specter of the 2008 housing crisis is haunting 2024, echoing familiar themes of manipulated interest rates and speculative asset mania. The belief that “prices only go up” has fueled a dangerous déjà vu, reminiscent of the days preceding the previous crash. As rates rise, home sales volumes collapse, and builders resort to offering incentives …
In a significant market development, the 10-Year minus 3-Month Treasury Yield Curve has remained inverted for a historic 278 consecutive trading days, marking the longest inversion in financial history. The inversion has deepened recently, reaching its lowest point since August, adding to economic uncertainty. Notably, Broadcom has emerged as a front-runner in the semiconductor industry, …
by Chris Black Whether he simply does this to mock the West and hit then where it hurts, or he’s dedicated to this anti-White European narrative is still debatable. Nauseating to listen to though… https://t.me/iEarlGreyTV/8410
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision. h/t ChampionshipUsed9855
by Napalm-1 Hi everyone, We know that the global annual uranium supply is in a structural deficit, that can’t be solved in a year time and not at today’s low uranium price (~75USD/lb) The uranium market is in a structural global deficit and it can’t be solved in 12 months time. In fact, the Total …
by confoundedinterest17 We are back in time … at least for the mortgage market. Thanks to Bidenomics!!!! Mortgage applications decreased 2.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 27, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased …
Canada likely sitting on the largest housing bubble of all time, per Phillip Colmar Read more: https://t.co/AFsqM8RLbe — unusual_whales (@unusual_whales) October 27, 2023 https://twitter.com/JToyts/status/1716938306368532953 Additionally, there's growing concern about the looming burst of a long-overdue #housing bubble in Canada. High household debt, home price-to-rent ratios, and the interaction between these factors and a potential housing …
Everyone was tricked into dumping their volatility positions at the worst possible time. — Financelot (@FinanceLancelot) October 25, 2023 #recession … #StockMarket Bubble edition#volatility #VIX 📈 😬 https://t.co/xm7BJe63zl pic.twitter.com/8ibL9o05JU — Invariant Perspective (@InvariantPersp1) October 25, 2023 #recession … #StockMarket Bubble edition#smallcaps $IWM #RTY_F 📉 🥶 https://t.co/N7GtyHGPEb — Invariant Perspective (@InvariantPersp1) October 25, 2023 Jeremy Grantham: …
by David Haggith Photo by Micah Williams on Unsplash Wolf Richter is calling it a “bond bloodbath,” which he says is happening because delusions about the Fed’s fight with inflation are finally giving way. Reality struck home in the latest retail report that showed high increases in retail sales that were in good part due to high increases in …
The yuan surpassed the euro to become the second main currency in trade for the FIRST time This is according to SWIFT People might scoff at the percentage, but they overlook the underlying trend unfolding More and more countries are looking to settle trade in local currencies — Gold Telegraph ⚡ (@GoldTelegraph_) October 18, 2023
