Job market imploding?! The Fed is going to cut rates again next week while food price inflation rises and stock valuations remain at extreme levels. Gold is about to start making headlines again!

#recession … #StockMarket Bubble edition https://t.co/p7cgcLzyrT pic.twitter.com/So5TXB58ic — Invariant Perspective (@InvariantPersp1) December 11, 2024 Big cap Tech performance last 8 trading days $GOOGL 14%$AAPL 5.5% $MSFT 6% $META 10% $TSLA 18% $NFLX 6% — TT3 (@TradingThomas3) December 11, 2024 Bitcoin rippingGold rippingMost stocks ripping. Why? Because the Fed is a farce and not restrictive and …

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School district closes for a week due to ‘overwhelming illness.’ Ah, the new normal—where ‘returning to normal’ means redefining normal entirely.

Overwhelming illness there, a little bit of sickness here. Kids are being turned into human punching bags. https://t.co/HPK1RbWoR3 — Jammer (@acrossthemersey) December 10, 2024 School district closes for a week due to 'overwhelming illness.' Ah, the new normal—where 'returning to normal' means redefining normal entirely. — Rooted_In_Reality (@realonesknow87) December 10, 2024 Several school districts in …

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S&P 500 hit record highs four times this week despite more declining stocks. Since 1928, this is the first time that’s ever happened.

There were more declining than advancing stocks in the S&P 500 every day this week. Yet the index hit a record high four times. Since 1928, this is the first time that's ever happened. pic.twitter.com/gvGhruZ1cw — Jason Goepfert (@jasongoepfert) December 6, 2024 US Stocks are now trading at over 22x forward earnings versus 14x for …

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During a city council meeting this week, residents in the sanctuary city of Chicago, Illinois, urged President-elect Donald Trump and his border

During a city council meeting this week, residents in the sanctuary city of Chicago, Illinois, urged President-elect Donald Trump and his border czar, Thomas Homan, to arrest Mayor Brandon Johnson should he try to stop their plan to deport illegal aliens. Soon after Trump’s victory last month, Johnson said he “will not bend” to the …

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Rachel Maddow takes $5 million paycut, but still earns $25 million/year for doing one show per week. Major shakeup coming at msnbc, ratings down 40 percent.

Rachel Maddow takes a $5 million pay cut, dropping her salary from $30 million to $25 million. This move follows MSNBC’s 40% ratings plunge post-election. Amid these challenges, MSNBC plans a major lineup shakeup. Maddow will still host her Monday show and produce podcasts and documentaries. “We were so Harris propaganda that when she lost, …

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Already Gone! Mortgage Applications Rise Since Last Week, But Mortgage Purchase Applications Down -60% Under Biden/Harris

by confoundedinterest17 Fortunately, the Biden/Harris administration is winding down. On the mortgage side, the mortgage market is already gone under Biden/Harris where mortgage purchase applications are down a whopping 60%. Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November …

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The S&P 500 risk premium shrank to near zero this week, the lowest level since 2002. The Titanic is about to hit the iceberg

The S&P 500 risk premium shrank to near zero this week, the lowest level since 2002 pic.twitter.com/5nzx4fuOMX — unusual_whales (@unusual_whales) November 14, 2024 Last "week’s widening move in swap spreads appears to reflect a measure of de-regulatory optimism, particularly with regards to SLR relief for US Treasuries." – JPMorgan Ramaswamy via @tracyalloway pic.twitter.com/EY1PsSxc7L — Daily …

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Stagflation: 1970s all over again. Nvidia joins the Dow this week. The biggest turmoil is coming. It can all end now.

Stagflation. 1970s all over again . Even Lumber reignited. pic.twitter.com/sLNC5DSOSl — The Great Martis (@great_martis) November 4, 2024 51.4% of consumers expect to see higher stock prices over the next 12 months, the most in history 🚨 pic.twitter.com/ddt7FM1vGx — Win Smart, CFA (@WinfieldSmart) November 5, 2024 The big news is that Nvidia is being added …

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The Stock Market is About to Get Rug Pulled. (THIS WEEK)

Worst breadth since August on both exchanges. Notice how in August when breadth was at this level Nvidia was imploding. Now, Nvidia is near all time highs. Does not portend well for bulls when the only stock that matters implodes. pic.twitter.com/iyBRdk0NP8 — Mac10 (@SuburbanDrone) October 23, 2024 Stock market news today is just entertainment and …

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Cottage Cheese? Mortgage Applications Down 17% Since Last Week, Purchase Applications Down -60% Under Biden/Harris (Housing Prices Up 34.2% Under Biden/Harris While Mortgage Rates Up 138.6%)

by confoundedinterest17 I would like to see Kamala Harris explain why mortgage purchase applications are down -60% under Biden/Harris Presidency. Other than a word salad answer. Or Cottage Cheese. Mortgage applications decreased 17.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 11, …

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Bank risk high in Lehman week.

Bank risk high in Lehman week. pic.twitter.com/beF2JBgYsN — Mac10 (@SuburbanDrone) September 11, 2024 The Dow is getting monkey hammered as safe havens implode. pic.twitter.com/s708zX3R0z — Mac10 (@SuburbanDrone) September 11, 2024 won't be long. https://t.co/RvMtBuVFhc — The Great Martis (@great_martis) September 11, 2024

If this global selloff continues next week, it will be MOAC – Mother of All Clusterfucks. Powell falling downstairs juggling pies.

If this global selloff continues next week, it will be MOAC – Mother of All Clusterfucks. Powell falling downstairs juggling pies. pic.twitter.com/63u4m6hQ2N — Mac10 (@SuburbanDrone) September 6, 2024 That's the week. It was the worst week for Tech stocks in over four years, since March 2020. This is the chart of the week: pic.twitter.com/hPLnOSFkY3 — …

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Harris Not Leading A Single Battleground State In New Poll… Trump Leads Harris By 7 Points, Up 10 Points In A Week.

Vice President Kamala Harris is not leading in a single battleground state, according to a new poll. The survey, conducted by Navigator Research between July 31 and August 8, showed the Democratic presidential nominee and former President Donald Trump are tied in Michigan, North Carolina and Wisconsin, while Harris is behind in Arizona and Pennsylvania. …

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Japan Mega Earthquake Possible Next Week

FROM JAPAN’S LIPS…. “Authorities issue MEGAQUAKE warning for the first time ever after tremors earlier in the same area ‘one of the world’s deadliest earthquakes’ hit nearly 80 years ago” “The agency said that submarines in the Nankai Trough, where part of the Eurasian tectonic plate meets with the Philippine tectonic plate, found that the …

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Texas county hit by 60 earthquakes in last week.

A single county has reported more than 60 earthquakes in the last week, sparking a State of Emergency to be declared. Scurry County in West Texas was hit by a 5.1-magnitude quake on Friday, which was felt as far north as Oklahoma, followed by a 4.5-magnitude the next day. The epicenter in Hermleigh has now …

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What will the US Federal Reserve do next week?

via notayesmanseconomics The year so far has seen more than a few gyrations on what was as we entered it expected to be a year of interest-rate cuts from the US Federal Reserve The starting gun on this was fired by no less than the Chair of the Federal Reserve Jerome Powell. The time that …

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The speed of this crash already exceeds the 2022 bear market. Hedge funds sold winners rapidly last week, echoing January 2021’s meme stock craze.

The speed of this crash already exceeds the 2022 bear market. When the 50 dma (blue line) breaks, the decline will accelerate. pic.twitter.com/Ammt0BemoF — Mac10 (@SuburbanDrone) July 23, 2024 NVIDIA execs sold 5.7 million shares, 77% of all sales, in three months. 🚨NVIDIA Insider Activity alert: The number of sales by NVIDIA executives rose to …

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SHOCK REPORT: 40 Chinese Banks VANISH IN ONE WEEK, marking severe consequences for the global economy.

Western MSM minions like NYC, CNN, WSJ, BBC, DW etc are silent about whats happening in China. Because they get millions of dollars from Chinese companies. Its only because of whistle blowers and local translators through social media that this kind of news surfaces. — The Macro Story (@themacrostory) July 12, 2024 Background: China’s regulators …

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Société Générale: The US economy is teetering on the edge of a recession, flashing multiple warning signs within the past week.

The US economy is edging precariously close to a recession, and it's flashed a handful of warning signs in just the last week that suggest a downturn is on the horizon, according to Société Générale + BI. — unusual_whales (@unusual_whales) June 11, 2024 This is crazy. They are calling 2024 “Restaurant Armageddon” as the consumer …

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Big money leaving IT. Time to take profits. This week, both hardware (Dell) and software (CRM) imploded.

Outflows from IT funds keep trending up over the last four weeks. Don’t be left holding the bag. This week, both hardware (Dell) and software (CRM) imploded. And AI had a mid-week reversal of fortune. The chart of the week: pic.twitter.com/05yPzHnfRz — Mac10 (@SuburbanDrone) May 31, 2024 Dropping like flies . Market darlings to ugly …

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Billionaire Investor Expects “One or Two” Bank Failures a Week; Economist Says We’re “Entering a New Dark Age”

via Zerohedge: Billionaire Barry Sternlicht, Founder, Chairman and CEO of Starwood Capital Group has issued an ominous warning about America’s regional banks, which he says will fail at a rate of ‘one or two’ per week. Speaking with CNBC on Tuesday, Sternlicht says he thinks that primary real estate lenders – community and regional banks – are …

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Unemployment insurance filings defy statistical odds with consistent numbers week after week.

The remarkable consistency in weekly unemployment insurance filings raises questions about statistical probability. Despite the complexities of state programs and economic factors, the numbers remain eerily stable, challenging conventional understanding. Below is the number of initial filings for unemployment insurance. How is this statistically possible? Five of the last six weeks, the exact same number. …

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Ecuador introduces three day work week, and the reason is hilarious.

Ecuador has ordered public and private sector workers to take Thursday and Friday off to save energy in response to unprecedented power outages. Sudden blackouts began hitting the South American nation on Monday, prompting a furious reaction from president Daniel Noboa, who fired Andrea Arrobo, his energy minister. Experts point to a drought, triggered by …

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