A hub for independent voices and hard truths
Almost exactly one year ago, Jay Powell said: "I don't see the stag, nor the 'flation.'" Today, the Fed’s projections anticipate both. This is a timely reminder that we’re still grappling with a rare trifecta of macro imbalances: Inflation like …
Ford Motor Co. is increasing prices on its Mexico-built vehicles by as much as $2,000, becoming one of the first automakers to announce a price hike because of tariffs. Changes on dealer invoices became effective May 2 on the Maverick …
U.S. Companies are buying back stock at the fastest pace in history 🚨🚨 pic.twitter.com/ftNXyp6RTW — Barchart (@Barchart) May 7, 2025 🚨This has NEVER happened before: Retail investors have been buying US equities for 21 weeks STRAIGHT, the longest streak EVER. …
by Mike Maharrey Demand for physical gold surged in the first quarter. But not in the United States. Asian investors primarily drove demand for gold bars and coins as American investors continued to sit on the sidelines. Global demand for …
The Department of Justice announces a significant blow to cartel operations, unveiling a major takedown that disrupts transnational criminal networks. This decisive action underscores the U.S. government’s commitment to dismantling organizations fueling the drug crisis.
by Michael Over the last several decades, the global economy has become more interconnected than ever, but now everything is changing. The flow of goods between the number one economic power on the planet and the number two economic power …
by Fidler_2K https://www.cnbc.com/2025/05/06/trump-tariffs-hit-us-exports-import-covid-level-event.html The Port of Portland, Oregon, tops the list with a 51% decrease in exports, while the Port of Tacoma, Washington, a large agricultural export port, has seen a 28% decrease. Tacoma’s top destinations for corn, soybeans and …
Scott Bessent, who is purportedly the lead negotiator of Trump's trade war with China, makes clear on CNBC that there is currently zero communication happening between the administration and Chinese officials pic.twitter.com/sFyOUkiWGR — Aaron Rupar (@atrupar) May 5, 2025 Nasdaq …
via YSK: It could save you thousands and protect your future. On May 5, the U.S. Department of Education will commence collecting on student loans after a five-year hiatus. This is going to throw thousands of American lives into chaos, …
This is quite consequential. China, Japan, South Korea and the countries of ASEAN just issued a joint statement (https://asean.org/joint-statement-of-the-28th-asean3-finance-ministers-and-central-bank-governors-meeting/) in which they take a unified stance against “escalating trade protectionism”, a clear reference to Trump’s tariffs. They write that their …
Goldman Sachs is holding firm on its bullish GOLD outlook, with a base case of $3,700/oz by year-end and $4,000 by mid-2026. If a recession hits, they expect ETF inflows could push prices up to $3,880 by year-end. In extreme …
President Trump’s tariffs became very real for importers last month as the government collected more than $17.4 billion in “Customs and Certain Excise Taxes” during April. That was nearly double March’s haul of $9.6 billion, dwarfing the smaller spikes in …
Why it matters: Japan is the largest foreign holder of U.S. Treasuries, and even the vaguest hint that it could dump those holdings is powerful leverage with the administration. Following through on the threat could cause interest rates to spike. …
The latest GDP data just dropped from the U.S., China, Europe, and Mexico… And at first glance?It doesn’t look disastrous.But under the surface — there’s a payback wave building.U.S. GDP shrank.China’s manufacturing is rolling over.Mexico barely avoided technical… — Jeffrey …
BREAKING: The US has reportedly reached out to China "recently" for tariff talks. US equities are rising on the news. — The Kobeissi Letter (@KobeissiLetter) April 30, 2025 CCP REPORTEDLY CONFIRMS U.S. RECENTLY INITIATED CONTACT TO REOPEN TARIFF TALKS 👀 …
MEXICO AGREES TO SEND WATER NORTH, AVOIDS TARIFFS AFTER TRUMP PRESSURE Mexico agreed to send more water to the U.S after falling behind on a decades-old deal — and things were getting tense. Texas farmers were furious, Trump froze water …
In 1975, 81% of American men under 30 were married. For women, it was 91%. Today, only 16% of men and 25% of women under 30 have a spouse. This is not a social drift. It is a free fall. …
BNPL: do you love it or hate it? 41% of users missed payments in the past year (LendingTree 2025), and with credit cards at 11.35% delinquency (Fed), it’s a lifeline for some, a nightmare for others. Now BNPL is being …
Some people believe that the tariff disruptions will settle down as more negotiations happen and greater thought is given to how to structure them to work in a sensible way. However, I am now hearing from a large and growing …
by Michael China is normally the largest export market for U.S. agricultural products. In a typical year, we sell tens of billions of dollars worth of agricultural products to the Chinese, but now that door has been slammed shut thanks to …
Don’t forget about the urgent and pressing need to promote Music Tourism. pic.twitter.com/M2bZ6lcrWs — Western Lensman (@WesternLensman) April 28, 2025 🚨 NOW: After TWO WEEKS of being on vacation, the House is back and focusing on CONGRESSIONAL GOLD MEDALS for …
The Silent Banking Crisis: Understanding the $482 Billion Time Bomb U.S. banks are currently sitting on $482 billion in unrealized losses on their investment securities primarily long-dated Treasuries and mortgage-backed securities bought during the 0% interest rate era. This figure …
by Michael Experts are telling us that the supply chain disruptions that we are facing are likely to be more severe than anything that we witnessed during the last pandemic. Anyone that believes that we can easily replace 438 billion dollars of …
by MonetaryCommentary This particular offshore dollar liquidity gauge, calculated as the ratio of total liabilities of foreign-related institutions in the U.S. to U.S. deposits at foreign banks, remains mired in a secular upswing, suggesting that foreign banks are still boosting their …
S&P 500 at the Great Liberation Day Divide pic.twitter.com/mhRfSFfXyt — Michael J. Kramer (@MichaelMOTTCM) April 25, 2025 Bank Of America’s Hartnett – Sell U.S. stock rallies and buy the dip on everything else. — TT3 (@TradingThomas3) April 25, 2025 Technicians …
by Michael This is a very difficult time for real estate agents and homeowners that are trying to sell their homes. As I have documented below, sales of previously-owned homes in the United States just fell to the lowest level …
While the whole world seems convinced the rest of it is rotating away from Treasuries, the actual evidence unequivocally shows something very different. This isn’t a one-time relationship, either. Instead, a deep fundamental basis that connects repo, interest rates foundations, …
China Foreign Ministry Spokesperson Guo: China and the US not yet in talks on tariffs. — FinancialJuice (@financialjuice) April 24, 2025 I think from here on Stop telling lies It will benefit everyone. https://t.co/6yXuBCTQbD — The Long Investor (@TheLongInvest) April …
The world has changed in unimaginable ways from the time the oldest baby boomers were born in the late 1940s to the 21st-century birth dates of Gen Z. From the end of the Cold War and 9/11 to the advent …
