Independent thinking for complex markets and current events
Authored by Mike Shedlock via mishtalk, Xi’s call is unusual, but it’s also easy to figure out. I have a peace proposal. China’s Xi Calls Trump The Wall Street Journal reports China’s Xi Calls Trump in Unusual Move to Discuss Ukraine, Taiwan In an unusual diplomatic move, Chinese leader Xi Jinping initiated a phone call with …
Authored by Mike Shedlock via mishtalk, Powell says risks to inflation are to the upside. Risks to labor market are to the downside. The Fed’s live Press conference was interesting. I made some notes. Someone marked the YouTube I posted as “private”. You can Replay the Video from the Fed website. Powell Comments Its a “challenging, unusual …
It’s very unusual for the dollar to selloff in risk-off periods. This is EM style behavior. It’s getting violent now. As the dollar sells off, it raises import inflation. Which will make the tariff situation worse. That’s the Doom Loop. — Danny Dayan (@DannyDayan5) June 12, 2025 At what point does a major gold/silver producer …
by Michael Why is the mainstream media in the United States being so quiet about what is happening on the Sun? The giant ball of fire that we revolve around makes life on this planet possible, and it has started to behave very erratically. This should definitely be getting a lot more attention, because the link between …
I had just finished watching a video where Anonymous revealed that the Power Outages recently experienced in Spain and Portugal were the result of a major cyber-attack by Russian Linked hackers, when I decided to look on https://www.downdetector.com and noticed some usual Outage activity that struck Multiple Tech Companies at the same time. Klaus Schwab …
by Michael Will “the Big One” soon hit the west coast? While most people are fixated on the political drama that is currently unfolding in Washington, very important events are happening elsewhere too. Within the past 7 days, California and Nevada have been hit by more than 900 earthquakes. And just within the past 24 hours, there …
Heavy snow, sleet, and freezing rain will cause major problems this weekend and early next week. Severe weather and tornadoes are possible on Sunday across the south. Another winter storm is possible toward the end of next week further south. ARCTIC OUTBREAKS TO FREEZE 250 MILLION IN COLDEST JANUARY SINCE 2011 (Newsweek) The United States …
by Michael It is getting very difficult to ignore all of the shaking that is going on. Over the past few months, there have been very unusual earthquakes all over the United States. As you will see below, there have been noteworthy quakes on the west coast, on the east coast, near our northern border, and …
Unusual to get such a large monthly ‘construction’ layoffs data point Way too soon to extrapolate. BUT a second similar month at this level would be troubling (especially when many other labour market indicators are so soft!) pic.twitter.com/YjoDKkKLWc — Longview Economics (@Lvieweconomics) July 8, 2024 Normal cycles do include prices going down in all markets, …
The Supreme Court on Friday ruled that a local ordinance to bar anyone without a permanent residency from sleeping outside does not amount to “cruel and unusual” punishment under the Eighth Amendment. The 6-3 opinion authored by Justice Neil Gorsuch reversed an appeals court ruling that found an outdoor camping ban in Grants Pass, Oregon …
Judge Aileen Cannon is again ripping up the court schedule in former President Donald Trump’s classified documents case – pushing some of the legal questions that have been before her for months even further down the road. Cannon is planning on holding a sprawling hearing on Trump’s request to declare Jack Smith’s appointment as special …
Is it just me or does it seem there are an unusually large number of Congressional ‘retirements’ coming up into the next term? 50 so far, between both houses. Tack that to the large number of those who chose to not run again in the 2020 and 2018 cycles, and it’s stacked up considerably. https://ballotpedia.org/List_of_U.S._Congress_incumbents_who_are_not_running_for_re-election_in_2024 …
Recent revelations suggest unconventional practices within the Federal Aviation Administration (FAA), where students associated with the Black Caucus of Federal Aviation Employees were allegedly given secret code words for their resumes. This practice aimed to fast-track their applications to the front of the line. Even more astonishing is the claim that individuals could be prioritized …
“Major late night news. There is an earthquake swarm NE of Puerto Rico. Preliminary checks conclude the amount has come in way too fast. Normal amount in this time span is about 2 (or up to max 6). It now got 47! Not clear why, but it’s a pressure sign, so not something to ignore.” …
In a concerning departure from the norm, overnight markets are witnessing unsettling sell-offs, followed by perplexing rallies during regular trading hours. This topsy-turvy trend contradicts the typical pattern where most gains occur outside regular hours. What’s even more disconcerting is the suspicion that prominent market players are offloading their positions onto retail investors, who often …
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 — …
Something very strange is happening. Used car supply is at historic lows, yet we *just* experienced the largest monthly decline in used car prices on record. But that doesn’t make sense — If supply is so low, prices should stay high… right? Wrong. It seems like between the… — Car Dealership Guy (@GuyDealership) July 10, …
