Independent thinking for complex markets and current events
The signs are clear, and they’re downright alarming. The new administration seems set on cutting 25-35% of the federal workforce, which could lead to as many as 800,000 job losses. That’s unthinkable. If this goes through, expect an additional 50 basis points added to the unemployment rate, and that’s before even factoring in the contractor …
Gold’s warning signals are clear: a recession is imminent, regardless of the election outcome. With the unemployment chart showing concerning trends and the gold-to-silver ratio suggesting a pivotal moment for precious metals. Gold warned the cattle in 2007 and now it warns once again . Pay attention . pic.twitter.com/VhBnbkKIUv — The Great Martis (@great_martis) October …
Paramount Global announced on Tuesday it would be shutting down its TV studio, laying off thousands amid the industry’s uncertain future. The company announced that Paramount Television Studios will be shutting down later this week. In a memo to staff on Tuesday morning, president Nicole Clemens said the overall transformation in the industry has affected …
The permanently anchored mariners will be provided housing vouchers and a $150-per-foot buyback for the removal of their boats Biologists argue that the vessels have caused extensive damage to seagrass that makes up a key part of the marine ecosystem But some anchor-outs fear they will be unable to afford life on land A community …