Independent thinking for complex markets and current events
Florida has cut spending for multiple years under DeSantis. The state budget is significantly smaller than New York’s despite similar populations. Rainy day fund has grown substantially. Florida has no state income tax and continues property tax relief efforts. Video confirms recent budget finalization. 🚨 JUST IN: Gov. Ron DeSantis confirmed that after he finalizes …
Grocery prices have absolutely exploded over the past few years, and I’m seeing families struggle in ways that just break my heart. In today’s video, we’re looking at some really eye-opening TikToks that show just how bad this situation has gotten for everyday Americans. I came across this video of someone who pulled up their …
by Michael I knew that I wasn’t imagining things. There are so many times when I am shopping for groceries that I see a product that seems like it has doubled or tripled in price over the years. I am sure that many of you have experienced the exact same thing. Well, now we have confirmation …
Tesla just flipped the switch in Europe. After five straight months of bleeding market share, June came in hot. The Model Y is back in volume, and the numbers are loud. UK registrations jumped 224% month over month. Spain tripled. In the Netherlands, Tesla didn’t just top EVs. It became the best-selling brand across all …
A new study shows evictions in NYC have gone way up. What’s causing this, and what can you do if you fall behind on your rent?
by confoundedinterest17 Another day, another dose of bad fiscal/monetary news. Not surprising with the US Treasury being run by Janet Yellen, who doesn’t seem to know much economics. In fact, with Biden/Congress spending like drunken sailors in port, inflation and The Fed’s counterattack, we see that interest of US debt just hit $1 TRILLION! $1.027 trillion in interest …
“Bankruptcy filings for companies with at least $10 million in liabilities are rising sharply. Since the Fed started raising rates in March 2022, bankruptcy filings have more than doubled. Corporations, individuals, and the government all got used to historically low interest rates. As rates have nearly tripled on most forms of debt, bankruptcy filings are …
View post on imgur.com Donald J. Trump @realDonaldTrump The price of BACON has TRIPLED since June. Bidenomics! Bidenomics is just another way of saying restoring the American Dream. Forty years of trickle-down economics limited that dream to the very top. We’re turning it around. — Joe Biden (@JoeBiden) August 6, 2023
Ht @RealEJAntoni And the longer that rates stay at this level, more and more debt matures and gets refinanced at these higher rates. So the debt interest expense is going to keep going higher. 🔥 pic.twitter.com/WDEUlt9EFd — Wall Street Mav (@WallStreetMav) July 13, 2023 Every time US tax receipts have tumbled this much, the US …
by laflammaster Selling off their MBS at triple the rate and the house value dropping for the first time since 2011. This could be the start of the sell off.