Independent thinking for complex markets and current events
In this trade war, both the U.S. and China have their advantages, but when it comes to holding out longer, the U.S. seems better equipped to endure. China does hold some significant cards. For one, Chinese households boast high savings, totaling 132 trillion RMB, and 92% homeownership, which could help buffer individual consumers in the …
The U.S. housing market is now tilting in favor of buyers, who are pushing back against the high home prices that sellers are demanding, according to Compass cofounder and CEO Robert Reffkin. He told CNBC on Wednesday that 30% of the inventory on the market has seen a price drop, which is more than anytime …
#Kilauea: Increased earthquake activity and ground deformation at Kīlauea’s upper East Rift Zone began at approximately 3:30am indicating movement of magma in the subsurface. Accordingly, the USGS is raising the Alert Level from Yellow to Orange. https://t.co/QdKFBsVOJN — Artanis 🌋 (@Artanis041) July 23, 2024 https://earthquake.usgs.gov/earthquakes/map/?currentFeatureId=hv74355931&extent=19.33488,-155.27647&extent=19.40281,-155.15974 HVO/USGS Volcanic Activity Notice Volcano: Kilauea Current Volcano Alert Level: WATCH Previous …
Extreme weather battered parts of the Midwest over the weekend, causing death and destruction. The impact then shifted to Texas overnight, with the risk of storms and flash flooding. At least five people, including an infant, have died in Oklahoma and Iowa due to extreme weather. The tornado that struck Marietta, Oklahoma, was upgraded to …
Trend emerging… Excess savings gone. Lag effects feeding through. Student loans back on. pic.twitter.com/1hjq2GnH7Q — Geiger Capital (@Geiger_Capital) November 21, 2023 Best Buy cuts sales forecast, as holiday shoppers hunt for deals. “CEO Corie Barry said consumer demand ‘has been even more uneven and difficult to predict.’”
Holy fuck, the government went from "you get free shit" to "you not only get free shit, but its upper middle class free shit, but don't worry taxpayers got the tab" https://t.co/4YIFNxqmLl — Darth Powell (@VladTheInflator) October 24, 2023 🚨🚨🚨 pic.twitter.com/RZHc2c2bFY — Wall Street Mav (@WallStreetMav) October 25, 2023