A hub for independent voices and hard truths
Announced job cuts surged to highest level since pandemic Small firms that employ nearly half of private workers are pulling back hard Weakness is spreading fast from Main Street The US job market is showing further signs of weakness: Only …
“US job growth in 2025 was the weakest outside recessions in two decades” 👇🏼 pic.twitter.com/8AwAHmx6Dc — Kalani o Māui (@MauiBoyMacro) February 11, 2026 ⚠️THIS IS INSANE: Private education and health services accounted for 780,000 of all jobs added over the …
Hurricane Melissa has turned the Caribbean into a scene of dread. The storm’s eye has fixed itself over the warmest waters south of Jamaica, spinning with the precision of a weapon. Meteorologists say this is no ordinary hurricane. It is …
Beijing said economy grew 4.8% in the third quarter, a deceleration that nonetheless keeps it on track to hit its official annual target https://www.wsj.com/economy/chinas-economic-growth-slows-to-one-year-low-07e36e7b The July-September data was the weakest pace of growth since the third quarter of 2024, and …
It’s obvious the economy is a mess right now, slowest job growth in 15 years, a weakening dollar, sky-high tariffs, a government shutdown, and everything else falling apart. Meanwhile, the top 10% are chilling, barely noticing any of this, watching …
Heavy truck sales – a leading indicator of past times – weakest since August 2021 pic.twitter.com/1E4fNfox5A — Don Johnson (@DonMiami3) February 5, 2025
Remember how I warned you all that after the election, we'd suddenly start getting "surprise" and "unexpected" downward revisions on all of the allegedly glowing economic numbers? 😎 Now watch corporate earnings and forward estimates revise down. — Uncle Milty’s …
Trump plans to purge the Pentagon. How will they respond? Can our armed forces survive another presidency similar to Biden’s? Just a reminder: Biden said the greatest threat to our security isn’t terrorism, nuclear Iran, North Korea or China or …
We’re really in a ‘holding pattern’ is it comes to the labor market – the data continues to worsen while the market has pulled down its pants and continues to moon the labor market. Unemployment will need to rise further …
Japan's Yen (black) is about to overtake Turkish Lira (blue) as the world's weakest currency in real terms. The weak Yen is a symptom of Japan's debt overhang, which makes it necessary to cap Japan's yields. This is what's pushed …
Macro was ugly – really ugly – today: Personal Consumption ugly (Q1 downgraded on 3rd look), continuing jobless claims ugly (highest since Nov 2021), core capital goods new orders and shipments ugly (not a great signals for Q2 GDP), pending home sales ugly (puke to record lows SAAR), …
BREAKING: Japanese yen – again. The Japanese Yen is trading at the 3RD WEAKEST level against the US dollar in 34 YEARS. Since the Japan's Ministry of Finance intervention low ($58 billion reserves burned) it is down 4.5% and 13% …
by confoundedinterest17 I think the Biden Presidency is nicely summed-up by Biden confusing France’s President Macron with former French President Mitterand. Particularly since Mitterand died in 1996. Is Biden seeing dead people?? Anyway, the Biden economy and his Bidenomic strategy is based …
by confoundedinterest17 Bidenomics strikes … again. No, not his inane ramblings about Hamas being “the other team” or that Hamas has to learn to shoot straight. But his policies freezing effects on the economy. Like housing. Existing-home sales faded in …
by confoundedinterest17 Bidenomics should be called Sovietnomics. Meaning the same type of command-driven economy that helped demolish the old Soviet Union instead of a western-style demand-driven economy. Biden’s reliance on “goin’ green” has been bad for the middle class (but …
Sales of previously owned homes dropped 2.2% in July from June to a seasonally adjusted, annualized rate of 4.07 million units, according to the National Association of Realtors. Sales were 16.6% lower compared with July of last year. Homes sold …