Independent thinking for complex markets and current events
Israel has one month reprieve to prove it is taking legal action against genocidal IDF maniacs Analysis | ICJ Fires Warning Shot at Israel Over Genocide Case at World Court. This Is Why Netanyahu Should Be Worried The International Court of Justice’s provisional ruling on Friday brought mixed news for Israel: Although it wasn’t told …
Luckily, oil prices have fallen significantly from their highs. It's interesting that oil markets are not concerned about geopolitical tensions. This is offsetting some of the impact of higher shipping costs. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) January 16, 2024 https://twitter.com/spaghettimballs/status/1747306662032220188
via Mike Shedlock: Budget problems haven’t changed for a year: the debt ceiling, Ukraine, and the Border. Israel is logically a distinct issue but is lumped with Ukraine. A partial government shutdown looms on January 19. Shutdown Deadlines January 19: A partial shutdown turns off funding for the departments of Agriculture, Transportation, and Housing and …
The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion. Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congress. Is there a comeback from this? Economists widely regard the Clinton surplus to be more of a function …
The Incredibly Ballooning US Government Debt Spikes by $1 Trillion in 15 Weeks to $34 Trillion.Interest payments threatening to eat up half the tax receipts may be the only disciplinary force left to deal with Congresshttps://t.co/4qD6tEfp9E pic.twitter.com/WlTbn3Q5L4 — Wolf Richter (@wolfofwolfst) January 3, 2024 The alarming surge in US government debt, ballooning by a staggering …
Over the past two weeks, the owner of a hip wine bar in Buenos Aires saw the price of beef soar 73 percent, while the zucchini he puts in salads rose 140 percent. An Uber driver paid 60 percent more to fill her tank. And a father said he spent twice as much on diapers …
by mark000 Start of June 1929 DJIA was 300. Start of September 380. That’s a 25% gain in 3 months. A full blown delusional manic meltup. Then the worst crash ever in October and by mid November the DJIA was 50% below the September all time high. Outlook is as doomish today. Europe and China …
– The nation’s largest energy parts supplier has announced that there will be a 20 WEEK Delay on Deliveries and parts. This will no doubt effect many companies and people who rely on Schneider Electric for many different reasons. They also mention a lack of domestic and global materials. This is something that could grow …
This is the moment a fire ripped through cars parked at Bristol Airport, ‘completely destroying’ five vehicles and leaving 11 cars damaged. The dramatic footage shows thick smoke billowing over the runway as cars in the open-air Silver Zone car park were engulfed by the flames this morning. Multiple fire crews raced from Bedminster Fire …
Why would anyone believe any of these people? Matt Hancock says with hindsight if the government took his plan into action then we would’ve locked down on the 2nd March saving many many lives -3 weeks earlier Hugo Keith – you have been heard loud & Clear Tory arses be squeaking#CovidInquiry #ToryCovidCatastrophe pic.twitter.com/HVANljB2G6 — kerry …
Met Office experts have said a volcanic eruption could last ‘for weeks’ as 30,000 earthquakes have been recorded since seismic activity began three weeks ago. Authorities in Iceland have declared a state of emergency as the threat of an “imminent” volcanic eruption which “could obliterate the entire town of Grindavik” loomed. Speaking about the potential …
Look at how they all smile and laugh and the fact over 50,000 illegals will be in nyc homeless on the streets. City Hall during a briefing on the migrant crisis. The NYC Mayor Eric Adams states We are out of room for the migrants. But he also said we will start to see migrants …
This can’t be good. How long can this go on for? This increase equates to $ 8 trillion per year. JUST IN: Total US debt jumped by $500 billion in just 18 days after hitting $33 trillion, according to Zerohedge. To be exact, total US debt is now at $33.513 trillion. This means the US …
Former Speaker Kevin McCarthy did a deal with Biden to suspend the debt ceiling entirely until 2025. So there is no debt limit now. That is one of the reasons he was removed as Speaker. Conservatives felt that was crazy to allow Biden to borrow unlimited amounts of money for 18… — Wall Street Mav …
https://twitter.com/TheMattOMalley/status/1711080047744803113 https://twitter.com/FinanceLancelot/status/1710011432572526844 🚨 What Bankers Are Saying About Another Possible Crisis It's all planned… https://t.co/NJ3EDVGJ0h pic.twitter.com/uvKvhyTIRO — Financelot (@FinanceLancelot) October 6, 2023 BREAKING: U.S. Banks U.S. Bank losses on held-to-maturity assets have soared to an ALL-TIME HIGH of $400 Billion 👀 pic.twitter.com/NE16Uccu0b — Barchart (@Barchart) October 6, 2023
🚨 JUST IN: The Biden administration is restarting DIRECT DEPORTATIONS of migrants to Venezuela amid RECORD numbers of illegal crossings in recent weeks, four US officials told CBS News Since Biden took office, he has refused to deport illegals back to Venezuela, but the massive… pic.twitter.com/XjmGErJhyb — Nick Sortor (@nicksortor) October 5, 2023 via: MSN …
https://t.co/3i8lURYf73 — Win Smart, CFA (@WinfieldSmart) October 4, 2023 What is going on with the US debt? There is currently no debt ceiling because former Speaker McCarthy suspended the limit until 2025 (foolishly). So Biden can borrow an unlimited amount of money. It went up $275 billion in ONE DAY. $442 billion in just two …
by confoundedinterest17 Well, this isn’t good if you are a mortgage lender. Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 8, 2023. This week’s results included an adjustment for the Labor Day holiday. The Market Composite …
A Ukrainian state-affiliated company’s multimillion dollar bribe to the Biden family is a likely reason reason why President Biden is now otherwise inexplicably showering Ukraine with hundreds of billions of US taxpayer dollars. “Bribery” is one of the explicit bases for impeachment specified in Article II, Section 4 of the U.S. Constitution – far more …
https://www.federalreserve.gov/releases/h41/20230824/ https://fred.stlouisfed.org/series/H41RESPPALDKNWW
Real yields on 10-year Treasuries closed yesterday at the highest since 2009. pic.twitter.com/Ujfb0Lco7l — Lisa Abramowicz (@lisaabramowicz1) August 15, 2023 Nominal yields keep going higher and this affects corporate bonds $LQD, therefore cost of refinancing is increasing. We can expect this chop into the market to keep going while investors move from growth to value …
by mark000 So freaking obvious that a crash is coming. via WSJ: “The damage of the ECB’s sledgehammer approach during this past year is now beginning to show, and it’ll only get worse from here as the lagged effects of these past 12 months’ huge tightening rolls in over the real economy,” wrote Erik Nielsen, …
by RedditIsOwendByTheWS The government now lives from month to month. soon it will be from week to week. Then from day to day. and finally from hour to hour. Source : Traders Brace for $102 Billion Wave of Treasury Bond Sales – Bloomberg
by Dismal-Jellyfish Reminder, while banks have the liquidity fairy, ‘we’ get the promise of 2 more rate hikes this year, Atlanta Fed President Raphael Bostic yet again enrichens himself inappropriately from his position. What I want to talk about this afternoon is–Commercial and Industrial Loans, All Commercial Banks. What are Commercial and Industrial Loans? Commercial and Industrial (C&I) …
via End Time Headlines: Nearly 100 bank branches are set to pull down their shutters for the final time in the next few weeks. The closures come as a number of major high street banks move more of their banking services online. Data from LINK, the UK’s largest cash machine network, reveals dozens of banks …
From 06/28/2023 to yesterday is 3 weeks. Crude went from $67 a barrel to $75. https://www.investing.com/commodities/crude-oil Oil reserves getting to low? What’s Biden going to do now? Gas $5 a gallon or higher? #CrudeOil prices have broken out of a consolidation pattern, indicating potential strength and bullish momentum 🛢️📈 This suggests the possibility of further …
https://www.youtube.com/watch?v=kKPyR752aZ0 It seems like America’s financial problems are set to continue with Best Buy reporting major price increases, declining sales and an economic downturn for the rest of the year. Just a few years ago Best Buy stores were filled with buzzing shoppers huddled around displays carrying the latest gadgets from the likes of Microsoft …
