Independent thinking for complex markets and current events
A historical winter storm brought rare heavy snow to the gulf coast. Houston started things off late Monday/early Tuesday with mixed precipitation causing slick roads. Heavier snow began moving into the Beaumont to Lake Charles area a few hours later. Numerous accidents occurred with roads becoming quite treacherous. Heavy snow accumulation occurred even right up …
Update on the winter storm that is impacting the country. Warnings are expanding as active weather continues.
The weather pattern on most models is becoming very active as we move into January. Snow chances are increasing along with the potential of seeing bitter cold temperatures.
A survival/bushcraft trip ended tragically as a youtuber dies in Northern Sweden in a snow storm. Learn about the story here and get some winter survival tips that could save your life.
Authorities in Russia announced Tuesday plans to ban cryptocurrency mining in several regions this winter to address electricity shortages. The ban will affect the Irkutsk region, parts of the republic of Buryatia and the Zabaikalsky region in Siberia, as well as six regions in the North Caucasus, including the republics of Chechnya and Dagestan. It …
Hundreds of millions of Americans risk experiencing power shortages this winter if weather conditions are harsh, according to a new report published by the North American Electric Reliability Corporation (NERC), a power grid watchdog. Nearly all residents of the Northeast, Texas and Midwest could face energy shortfalls in the event of a colder-than-usual winter, the …
A troubling trend is brewing in the U.S. retail sector. Big names like Walmart, Dollar General, Home Depot, Kohl’s and other retailers are canceling billions of dollars in orders for this holiday season. The last time this happened was in 2022, right after interest rates started to rise. Now, a much deeper issue is forcing …
Continuing claims usually round the turn past October & accelerate from November onwards. — Don Johnson (@DonMiami3) September 26, 2024 THIS IS INSANE: 16 of the last 17 months of job (non-farm payroll) numbers have been revised downward. Last 7 months were REVISED DOWN by OVER 360,000. Excluding government jobs, 11 out of 12 months …
Around 1.6 million pensioners living below the poverty line and who do not receive Pension Credit are set to lose out as a result of the government’s decision to means test the Winter Fuel Payments, according to a report by the former pensions minister. Sir Steve Webb, who is now partner at pension consultancy firm …
“The question is how much longer can the US economy be propped up by asset prices?” The answer is: the economy is being propped by government spending that gooses asset prices at the expense of the people that pay for it through #inflation https://t.co/a96qCMia2P — JustDario 🏊♂️ (@DarioCpx) August 29, 2024 Initial claims begins to …
Awinter storm warning has been issued for parts of Montana and Wyoming with heavy snow and high winds expected. The National Weather Service (NWS) said that snow accumulations between 1 and 2 feet could be seen in Absaroka/Beartooth Mountains, with wind gusts reaching 35 mph. It added that snow rates could exceed one inch per …
by Michael Fertility rates have fallen way below replacement level throughout the entire industrialized world, and this is starting to cause major problems all over the globe. Aging populations are counting on younger generations to take care of them as they get older, but younger generations are not nearly large enough to accomplish that task. …
Welcome to May 2024 Winter continues across the northern Rockies with heavy snowfall on the way ❄️ Also, more snow for California Sierra pic.twitter.com/nYuTDyaCXo — Ryan Maue (@RyanMaue) May 1, 2024
ULAANBATAR, 27 March 2024 – Mongolia’s extreme winter conditions, or Dzud, shows no sign of abating and the country, which is at the frontlines of the global climate crisis, is paying for it dearly having lost 5.2 million livestock[1], or about 8 % of its total livestock, said Save the Children. Many children in the worst affected …
The United States is in a bigger mess than ever. American Patriots are finally coming to face the stark reality that our economy isn’t in a good position and that the current party in control is doing nothing to stop our losses, but it’s far worse than most Americans realize. The amount of insanity coming …
By Martin Armstrong Over 150 million Americans are under a winter chill advisory due to life-threatening temperatures. Every state besides Hawaii has issued some form of caution to residents as nearly 80% of the nation faces below-freezing weather. Extreme weather highlights the importance of fossil fuels, as there is NO reliable alternative. Texas is on …
JUST IN: Democrat Governor JB Pritzker is literally now begging “for mercy” to Texas Governor Greg Abbott to stop bussing migrants to his state. Remarkable. Abbott is simply giving Pritzker what he asked for considering in 2021, Pritzker signed a bill making Illinois the “most welcoming state in the nation” for illegals. “While action is …
After the winter storm passes through, Chicago will go into a deep freeze for 8-10 days before seeing 20°F again. Coldest so far projected at -9°F pic.twitter.com/AQ6et9e27H — Ryan Maue (@RyanMaue) January 12, 2024 By Sunday morning, the Arctic blast erases the warmth across Texas sending Dallas down to 13°F pic.twitter.com/05L7pAxu3T — Ryan Maue (@RyanMaue) …
Another powerful storm system lashed the Northeast, with coastal flooding and damaging winds that produced nearly a million power outages in New England through the mid-Atlantic states. At least 147,910 customers are without power as of 5 a.m. on Sunday, according to PowerOutage.US. The system struck Pennsylvania and New Jersey, leaving at least 115,000 and …
🏡 Real estate market cracks widen as buyers freeze this winter ❄️ Around 45,000 U.S. home purchase agreements were CANCELED, constituting 16.9% of homes under contract – the highest percentage since @Redfin records began. 📉 #RealEstate #MarketTrends #HousingMarket pic.twitter.com/E5uqDKtJ8S — The Coastal Journal (@1CoastalJournal) December 19, 2023 https://twitter.com/Econimica/status/1737380550602830333
by Michael Are we heading into a “dark winter”? Many were hoping that the outbreaks that we have witnessed over the past few years would fade away and that life would soon return to normal. Unfortunately, the truth is that “normal” is never coming back. Even as you read this article, mad scientists all over …
https://www.youtube.com/watch?v=HcHekbE7_90 There was a time when the American dream included home ownership, but that dream has now become a nightmare for many. That’s because millions of Americans are going to see their home equity being wiped out by the imminent housing collapse. A report from credit analytics firm TransUnion found that the average U.S. household …
https://www.youtube.com/watch?v=9mV36_Fqlkc Being a carnivore has never been so expensive. According to the USDA, beef prices soared to another record high this week, and are expected to face a 100% increase next month compared to the same period a year ago. Steaks will likely be out of the dinner table of many Americans in the coming …
Freezing cold, snowing, camped in a tent city by a highway with women and children. Looks pretty tough but at least they have dry tents, baby strollers, bikes for their children and hot meals inside the church. https://www.youtube.com/watch?v=Kjwjfu0C2D4
via RT: The price offered by the British authorities for electricity generated by wind farms must be increased by up to 70%, according to the head of the country’s top power provider. Tom Glover, RWE’s UK Country Chair, has cautioned that without the hike, new wind parks will not be economically feasible. According to Glover, …
https://www.youtube.com/watch?v=wvS8Hj5P3Dc Bank executives are warning about unprecedented risks in the financial system. According to JPMorgan Chase CEO Jamie Dimon, banks are bracing for worst-case scenarios as higher interest rates elevate the risk of failures and losses in the months ahead. Americans should pay very close attention to what happens next because the turbulence will affect …
Americans are about to hit a breaking point, according to Walmart’s CEO. Soaring prices are severely impacting consumer spending habits, and the world’s biggest retailer is worried about how this trend is going to affect its bottom line this fall and winter. Bill Simon, the head of U.S. operations for four years, revealed that for …
Trouble is brewing in the restaurant industry, and several brands are now silently closing locations and reducing their operations to cope with a consumer recession that has no end in sight. Managing a restaurant is never easy, and during an economic downturn, conditions get even more complicated because people tend to cut costs and eat …
Before there were weather apps for your smartphone, people looked to nature to prepare for what’s to come. What signs of a hard winter are you already seeing in your backyard? Predicting winter weather has always been important, especially for farmers and our ancestors who didn’t have access to all of the technology we have. …
A credit crisis is already in motion in 2023, and it is threatening to collapse the standard of living of many American families as loan conditions get tighter while the cost of living continues to climb. Access to credit is about to become an enormous issue for U.S. consumers. Today, we’re carrying far more debt …