Independent thinking for complex markets and current events
Ranchers are warning that our food systems are in great danger right now. Cattle production has plummeted to the lowest point in decades, and new diseases are rapidly spreading across U.S. beef cow herds, which is threatening our entire food supply chain. This is the sign for you to start stocking up on basic staples …
Tesla’s recent earnings stumble, coupled with its first year-over-year sales drop, casts a shadow over the electric vehicle giant. Despite bold initiatives like the Cybertruck launch and pricing adjustments, revenue plummeted by 9% in Q1, prompting investor alarm. Despite Tesla's efforts, including the launch of the Cybertruck and refreshing the Model 3 with lower prices …
The U.S., which once stood as a beacon of prosperity, is now trailing behind in the retirement race. What was once seen as an epitome of the golden age has now slipped out of reach for many Americans. Just imagine you’ve worked hard your entire life, and now you are looking forward to those golden …
ITM Trading, Released on 2/16/24 Professor Steve Hanke joins Daniela Cambone to discuss the current state of the economy and the potential for another banking crisis. He explains why the economy is weaker than the headlines suggest as well as how Fed policies have fueled inflation. Daniela Combone and Prof. Hanke also analyze the risks …
China falls deeper into deflation territory, hitting markets, as UK house asking prices drop – business live China’s consumer price index (CPI) dropped 0.5% on a monthly basis in November, showing that prices of a basket of goods and services fell compared with October. CPI was also 0.5% lower on an annual basis, China’s National …
https://www.youtube.com/watch?v=6KwtJhaLqzw We have good news if you’re in the market for a new or used car: The U.S. auto market is finally facing the shift everyone was waiting for – prices are reporting significant month-over-month declines, and a set of factors, including a higher-than-expected rise in supply, will lead to even steeper price cuts in …
The surprise factor in the recent inflationary trend stems from the oversight of crucial indicators like M2, even within institutions like the Federal Reserve. Just about everyone (including at the Federal Reserve) was surprised by inflation. You know why? Because they didn’t pay attention to M2! They still aren’t, and I believe that the decline …
via schiffgold: Problems in the commercial real estate (CRE) sector continue to bubble under the surface. This is a major stress point for US banks and could precipitate the next phase of the financial crisis. A combination of high interest rates and declining tenancy is putting the squeeze on commercial real estate owners. As a …
Since October 8th, a bank run has erupted at the Bank of Cangzhou in Hebei Province. Numerous online videos show long lines of people waiting to withdraw money at various branches of the Bank of Cangzhou. Not only were the bank lobbies packed with people, but long queues also formed outside on the streets, with …
This is a new very bad development as until recently Evergrande was facing “just” a restructuring. Liquidation = death. Panic then possible as many others potentially in line for the same fate. Decision date is Monday 30 October, in 20 days. via YAHOO: (Bloomberg) — A group of offshore creditors of China Evergrande Group said …
We've never seen this before. A buffoonish level of complacency in a global RISK OFF event. pic.twitter.com/GgJPZWs1fP — Mac10 (@SuburbanDrone) August 19, 2023 There is a high probability that Powell will finish off China this week. And then U.S. gamblers will wish they had a map with more than one country on it. pic.twitter.com/90cy9Cz38j — …
Just when you thought the debt ceiling issues were over, the government is ready to shutdown on Oct 2, 2023. This is the exact same day markets fell apart in 2008 & would absolutely trigger the same panic (see the charts below). Coincidence? This appears to be the narrative😏 https://t.co/CY0GX9zGuC pic.twitter.com/17oUOL8dsC — Financelot (@FinanceLancelot) August …
via naturalnews: Florida Chief Financial Officer Jimmy Patronis has issued a warning to the censorship company NewsGuard Technologies, Inc. about promoting a rating system for the quality of information, as though they are some kind of “arbiter of truth.” The Sunshine State CFO further said that this practice may trigger the state’s divestment laws and that he …
China's social credit score experiment gains momentum Now, if a person with a low rating calls you, your phone emits a siren instead of the usual ringtone. Then there is a voice reminder that a conversation with this subscriber will lead to a decrease in your score. 🚨🚨🚨 🔊 pic.twitter.com/qnTexLGe9o — Wall Street Mav (@WallStreetMav) …
From Peter Reagan at Birch Gold Group After the most recent FOMC meeting, Chairman Powell issued an official statement explaining the decision to raise interest rates another quarter-point. That brings the Federal target funding rate to 5.25-5.5%, the highest rate in over two decades. (Granted, those were two decades of perpetual emergency, the lowest-for-longest rates in U.S. history.) …
For those who say "everything is fine," we saw the same spike in regional banks right before the 2008 crisis 🤫 BlackRock is setting up the rug pull when the Fed takes away emergency BTFP & OCE. https://t.co/YnlzAWEzfU pic.twitter.com/GSVJ4Y3QIE — Financelot (@FinanceLancelot) July 26, 2023 Fed hiked .25% as expected. They left all options on …
Lindsey Graham plans to falsely flag Ukraine nuclear disaster, trigger Article 5? Lindsey Graham is preparing to false flag a nuclear disaster in Ukraine to trigger Article 5 and get the US directly involved with ground forces to fight against Russia. World War 3 here we come. pic.twitter.com/2WJjr7OuWq — Ian Miles Cheong (@ianmiles) June 23, …
by Dismal-Jellyfish FIC-GOV Alert! GSD Capped Contingency Liquidity Facility® (CCLF®) will reset each Netting Member’s CCLF Cap on 7/1/23. If a member defaults, the FICC would tap into the CCLF, which could drain liquidity from other members. A CCLF failure could trigger a liquidity domino effect throughout the market. https://www.dtcc.com/-/media/Files/pdf/2023/6/15/GOV1495-23.pdf What is the Capped Contingency …