Independent thinking for complex markets and current events
ISM services index slips to 50.8% from 53.5% The service side of the U.S. economy, known as its engine, grew in March at its slowest pace in nine months, reflecting government spending cuts and uncertainty among businesses spawned by U.S. tariffs. The services index compiled by the Institute for Supply Management dropped to 50.8% in …
Key Points: Germany’s GfK Consumer Climate Indicator plunges to -23.3, signaling deepening recession fears in late Q4 2024. Income expectations hit a new low since February 2024, falling 17.2 points to -3.5 due to rising unemployment. Private consumption risks intensify as it accounts for over half of Germany’s GDP, threatening economic growth. https://www.fxempire.com/news/article/german-consumer-confidence-tumbles-recession-fears-mount-eur-usd-dips-1479213
The U.S. thinks weakened access to energy is good for the U.S.? I don't understand this. — Alec Allen (@S3XYstarship) May 1, 2024 It's on the way to Biden to sign! #URANIUM ban has arrived!! pic.twitter.com/MtXOfyL7JZ — Rick Grimsley (@saab340b) April 30, 2024
“One might think that Californians would want regime change. After all, the state suffers from a $73 billion deficit, an unemployment rate among the nation’s highest, the highest percentage of residents living in poverty, a failed education system, and mounting business flight. That’s not to mention its massive net outmigration, with a net total of …
Guess what, the primes and their supplier base won't make this gap up – the military has to step in. This is what happens when you don't invest in the industrial base and incentivize innovation in manufacturing. https://t.co/Opc1gBjhnt — Aaron Slodov (@aphysicist) September 27, 2023 We have allies who know how to build ships! pic.twitter.com/FkF6lOoIXL …