Independent thinking for complex markets and current events
The Border Crisis Is Over. “Bi-den! Bi-den! Bi-den! Bi-den! Bi-den!” “They should let us pass. We are calling out to Mexico and the U.S. and to Biden, the new U.S. president, to remind him of the presidential campaign promises he made, to make him aware we are here,” said one of them, Raul Pino Gonzalez …
by Mike Shedlock Economists expected a $15.0 billion rise in consumer credit. The Fed reported -$0.8 billion. The Bloomberg Econoday consensus outlook “Expected up another strong $15.0 billion in February after rising by $18.1 billion in January.” January was revised from $18.1 billion to $8.9 billion. That’s a net miss of $25 billion. Real Consumer …
by Mike Shedlock This is no longer a highly unlikely scenario after Trump threatens another 50 Percent Tariff on China. The lead image is from Chad P. Bown, Senior Fellow at PIIE. Trump’s Social Media Threat “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the …
At the stroke of midnight, Trump pulled the trigger. A 104 percent tariff wall has now slammed down on Chinese imports. This isn’t a policy tweak. It’s a declaration. The trade war is no longer rhetorical or symbolic. It is real. It is active. It is total. The United States has just taken a sledgehammer …
DONALD Trump is reportedly planning to splash a whopping $100 million on a huge military parade that will snake through the streets of Washington DC on his birthday. For years, the president is said to have had his eyes on a full-blown military show displaying the US might, but has failed to put up a …
Beijing is no longer playing defense. The gloves are off. China is preparing six calculated countermeasures in response to the White House’s escalating tariffs, and they’re designed not just to retaliate—but to reshape the board entirely. According to a post from a WeChat account tied to China’s state-run Xinhua News Agency, the measures read like …
BREAKING: Gold has been reportedly been used to meet the largest margin calls since Covid 2020 from hedge funds this week, per Standard Chartered. — unusual_whales (@unusual_whales) April 6, 2025 BREAKING: Vanguard emails clients asking them to “resist the urge to deviate from [their] financial plan” as markets fall sharply. Vanguard is asking clients not …
Europol shut down "Kidflix," a child exploitation platform with nearly 2M users, in a global operation. Notice it happened on Trump’s "Liberation Day" on April 2, 2025, when he announced new U.S. tariffs. Coincidence? #Europol #Kidflix #TrumpTariffs pic.twitter.com/Tf62JqbUUi — Freyja™ (@FreyjaTarte) April 3, 2025 German authorities take down major darknet platform used for child pornography …
🚨 “Eventually you will see widespread slaughter in Europe” “The trend leads to the widespread slaughter of Europe” “You are seeing a massive increase in the number of attacks in Europe – the Legacy Media downplays these attacks” Elon Musk with a bone chilling warning for the… pic.twitter.com/319wd1rUno — Concerned Citizen (@BGatesIsaPyscho) April 6, 2025
This night and morning, russia attacked Ukraine using:▫️Shahed/Geran drones▫️Kh-101 criuse missiles ▫️Kalibr cruise missiles ▫️Iskander/KN-23 ballistic missiles This is Kyiv after the attack. This is what a nation that wants peace does? pic.twitter.com/ZXy9HbXR51 — Ania_In_UA (@Ania_In_UA) April 6, 2025 LONDON — A Russian missile strike killed at least one person in the Ukrainian capital Kyiv …
🇺🇸 RFK JR. HEADING TO TEXAS AFTER POSSIBLE MEASLES DEATH Health Secretary Robert F. Kennedy Jr. is heading to Texas after reports of a second child possibly dying from measles in a Mennonite community that recently lost another unvaccinated 6-year-old to the virus. Texas leads… https://t.co/qHuEW7fyli pic.twitter.com/43CX5kKA6a — Mario Nawfal (@MarioNawfal) April 6, 2025 🚨🇺🇸 …
On this day of 1996 , Nancy Pelosi a US member of Congress could have drawn the line to say to the President of the United States, do something about this US-China trade relationship that is a job loser for the United States.” Thirty years later and our annual trade deficit is now approximately $300 …
By Monday afternoon, our fact-checking program in the US will be officially over. That means no new fact checks and no fact checkers. We announced in January we’d be winding down the program & removing penalties. In place of fact checks, the first Community Notes will start… — Joel Kaplan (@joel_kaplan) April 4, 2025 Well, …
Hedge funds have been hit with the biggest margin calls since Covid shut down huge parts of the global economy in 2020, after Donald Trump’s tariffs triggered a powerful rout in global financial markets. Wall Street banks have asked their hedge fund clients to stump up more money as security for their loans because the …
GENEVA (Reuters) – China said it had opened a formal complaint against the new U.S. tariffs with the World Trade Organization on Friday, saying the measures violate WTO rules and requesting consultations. Earlier, China announced retaliatory additional tariffs of 34% on U.S. goods, the most serious escalation in a trade war with President Donald Trump …
President Trump just accused Fed Chair Powell of always being "late" to cut rates. Despite markets pricing-in more rate cuts, Powell is saying he is willing to wait. US stocks are extending losses. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) April 4, 2025 I think he is …
The Democrats have made a huge deal about the price increases caused by tariffs. Yet, they seem to turn a blind eye to the regulatory restrictions they impose, which do exactly the same thing. They’ll criticize tariffs for driving up prices but then pat themselves on the back for enacting regulations and policies that have …
Cell phone tower shut down at elementary school after eight kids are diagnosed with cancer https://t.co/Y5cHATGbNk — Dr Dave Cartland BMedSc MBChB Ex-MRCGP (@CartlandDavid) April 2, 2025 The affected students at Weston Elementary School in Ripon are all under the age of 10 They each have different types of cancer: brain, kidney, liver and lymphoma …
The market forecast and founder of Armstrong Economics, Martin Armstrong, joins us for an explosive, no-holds-barred conversation on the looming global recession, the hidden crises of sovereign debt, and the rise of digital currencies as tools for government control. In this eye-opening interview, Martin delivers his bold forecast for the economy through 2028, dives into …
🚨#BREAKING: The Secret Service along with bomb disposal squads, are investigating a possible explosive package device near the White House 📌#Washington | #DC At this time, numerous law enforcement and government agencies, including the Secret Service and bomb squad, are on… pic.twitter.com/DLAPM5jBr6 — R A W S A L E R T S (@rawsalerts) April …
“My advice to foreign leaders is that if you have not already reached out to President @realDonaldTrump , you need to do so immediately. Trump is, at his core, a dealmaker who sees the world as a series of transactions. Based on his track record to date with foreign governments, law firms, and universities, he …
WASHINGTON (AP) — The U.S. government has banned American government personnel in China, as well as family members and contractors with security clearances, from any romantic or sexual relationships with Chinese citizens, The Associated Press has learned. Four people with direct knowledge of the matter told the AP about the policy, which was put into …
Gold now getting murdered along with everything else as the world faces a global margin call. Futures worsening. It’s going to be a long day. Chaos 💀 pic.twitter.com/l6x2vnDAYD — QE Infinity (@StealthQE4) April 3, 2025 The market's drop in response to tariffs is massive, and it will take time to emerge from this chaos. A …
Sen. Mitch McConnell privately indicated to Sen. Tim Kaine he would back the Virginia Democrat’s resolution to undo President Donald Trump’s Canada tariffs. Kaine told reporters Wednesday that the former GOP leader told him the day before that he would back Kaine’s resolution, which will get a vote on the Senate floor Wednesday evening. A spokesperson confirmed Kaine’s remarks. …
$SPY people believe that the 2007 Great Financial Crash was a large surprise (below) But it was anything but a surprise. The moving averages were textbook. Clear tests of support, followed by a rejection from below twice and then Lehmans collapsed. What sometimes clouds… pic.twitter.com/2LaGy1a0z3 — The Long Investor (@TheLongInvest) April 2, 2025 Tech and …
Illinois Gov. JB Pritzker signed a trade agreement with the state of Mexico – commonly known as Edomex to distinguish it from the country as a whole – during a trip to the country on Monday, aiming to deepen economic cooperation. Pritzker led the delegation of state officials and business leaders on a trade mission …
by Mike Shedlock Let’s do a fact check on Trump’s Canada claims. In addition, the US has a huge services surplus with Canada driven by sectors like technology, financial services, and intellectual property licensing from companies such as Microsoft, Google, and Amazon. I do not have year-by-year services numbers. Grok AI notes “Estimates from earlier …
https://x.com/Wbafcleigh11/status/1907049270189994027 https://x.com/cold957/status/1906970767247515916 https://x.com/LeeAndersonMP_/status/1907034472698052905 Discover the scale of Birmingham’s waste crisis as 17,000 tonnes of uncollected rubbish is left on the streets due to ongoing bin strikes. A major incident has been declared in Birmingham as the ongoing bin strike has left an estimated 17,000 tonnes of waste piling up on the city’s streets. But what …
Market overvalued ✅Market overbought ✅Bearish price action confirmation ✅ pic.twitter.com/G9f275GkAt — Guilherme Tavares (@i3_invest) April 1, 2025 Linkhttps://t.co/uFMsfLLbSj pic.twitter.com/0CnpwQeJ5J — QE Infinity (@StealthQE4) April 1, 2025 ISM Prices Paid pic.twitter.com/q2t24pHB4d — Don Johnson (@DonMiami3) April 1, 2025 Bond investors are worried: The 2-year breakeven inflation rate has jumped to 3.27%, the highest since the March …