Independent thinking for complex markets and current events
The percentage of unemployed Americans with four-year college degrees hit a record in January, at 36.6% of those 25 and older. (Bloomberg News reported in November that those with college degrees “now comprise a record 25% of total unemployment,” which was correct—and in January this measure hit 27%—but involved dividing unemployed workers 25 or older …
The hottest restaurant items of 2025 aren’t gourmet burgers – they’re value meals. When eating out turns into a budgeting exercise, it reveals something deeper about inflation, the rising cost of living and the quiet erosion of our quality of life… By Peter Reagan Restaurants have been a constant of human life for centuries, from …
Unemployment is rising – and most job creation is coming from one sector: Healthcare. This trend reveals a deeper imbalance: Fewer workers paying taxes, more people living on benefits and growing inflationary pressure across the economy… By Peter Reagan Listening to media talking heads and politicians about the economy can leave you confused and wondering …
How does a state lose control of SNAP and still claim fraud is rare? DEI: Minnesota cannot say how much SNAP fraud exists after a 174% surge in benefits. Auditors say eligibility is not checked and access is not controlled. A state audit revealed Minnesota’s SNAP agency fails basic safeguards. Commissioner Tikki Brown’s agency does …
by David Haggith Shoppers are strongly complaining about how much they are struggling under inflation this Christmas season as they try to buy gifts. The Trump Administration, on the other hand, keeps insisting it is all a Democrat hoax, and conveniently, hasn’t gotten an actual inflation report out in months for us to see whether …
Palantir CEO Alex Karp on Zohran Mandani: “The average Ivy League grad voting for this mayor is annoyed their education is not that valuable, and that the person who knows how to drill for oil has a more valuable profession” “I think that annoys the fuck out of these people” Palantir CEO Alex Karp on …
CARACAS, Venezuela — The country is hemmed in by the largest U.S. military presence off South America in decades. For two months, U.S. forces have been blowing up boats off its coast, killing scores; President Donald Trump has warned “land is going to be next” — and then denied land strikes are coming. The government …
🇺🇸 SEN. MULLIN: I DON’T BUCKLE UP BECAUSE OF CARJACKING "I'm not joking when I say this. I drive around in Washington, D.C., in my Jeep, and yes, I do drive myself. And I don't buckle up. The reason why I don't buckle up, and people can say whatever they want to, they can… https://t.co/QR7uHm44eC …
https://twitter.com/TarotWSean/status/1849044383137444128
" if the polls are off" is a fucking retarded statement. case in point. CNN July 2016 pic.twitter.com/K71yapSdaZ — Mitchell McAleer (@9luckycrater09) October 7, 2024
Wait. Snopes is fact checking VP Cackles with a ‘true’? This can only mean one thing – that her base is energized by this truth… h/t EnterTheLast
US PPI Final Demand (M/M) Jul: 0.1% (est 0.2%; prev 0.2%)– PPI Ex Food And Energy (M/M) Jul: 0.0% (est 0.2%; prev 0.4%)– PPI Final Demand (Y/Y) Jul: 2.2% (est 2.3%; prev 2.6%)– PPI Ex Food And Energy (Y/Y) Jul: 2.4% (est 2.6%; prev 3.0%) — LiveSquawk (@LiveSquawk) August 13, 2024 Futures on a tear …
https://twitter.com/GayBearRes/status/1816446012275229105 Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t be able to pay their bills is actually higher today than it was back …
by Michael Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t be able to pay their bills is actually higher today than it was …
JUST IN: More than 33% of US consumers are now worried about making ends meet over the next 6 months. This includes 30% of Americans earning $150,000 or more annually, according to the Fed survey of 5,000 respondents. Over the last 12 months, 43% of all surveyed consumers and… pic.twitter.com/fRqJlcbOUv — The Kobeissi Letter (@KobeissiLetter) …
Investors are starting to worry France could default on its sovereign debt 🍿🍿 https://t.co/P3V8ESa9Y8 — Peter St Onge, Ph.D. (@profstonge) June 27, 2024
NBC national affairs analyst John Heilemann on Friday said President Joe Biden’s campaign’s largest concern is that persuading certain voters the president is competent may be a lost cause. Biden’s cognitive capabilities have repeatedly been raised as a possible problem, with NBC political analyst Elise Jordan earlier on Friday saying voters tell her they will be tuning into the upcoming presidential …
A new AARP survey finds that 20% of adults ages 50+ have no retirement savings, and more than half (61%) are worried they will not have enough money to support them in retirement. The findings also reveal a decline in overall sense of financial security among men, 42% of whom describe their financial situation as “fair” or …
Nevertheless, the latest numbers are a blow to Biden. A New York Times/Siena College poll released this week found that while most Americans consider the economy — namely jobs, and the strength of stock market — their top issue, inflation and the cost of living is also extremely important to them. Indeed, it outpaces Gaza …
“Climate change” will now become the excuse for every Democrat failure. https://t.co/ChMwT087pR — Phil Cooke (@PhilCooke) May 12, 2024 Reporter: Can we explain to Californians how we moved from $100 billion surplus to such a significant deficit in just a few years? Gavin Newsom: Climate Change pic.twitter.com/ngYw8JfjJv — Kevin Dalton (@TheKevinDalton) May 12, 2024
Why are we paying for their war? When will we start asking these questions. Give til it hurts you cattle… via RT: Israel’s war on Hamas will cost the country $53 billion and hamper economic growth into 2024, according to figures published by the Bank of Israel on Monday. Fighting has been paused since a …
Holy fuck, the government went from "you get free shit" to "you not only get free shit, but its upper middle class free shit, but don't worry taxpayers got the tab" https://t.co/4YIFNxqmLl — Darth Powell (@VladTheInflator) October 24, 2023 🚨🚨🚨 pic.twitter.com/RZHc2c2bFY — Wall Street Mav (@WallStreetMav) October 25, 2023
Authored by Tom Ozimek via The Epoch Times The all-mighty American consumer, whose spending drives the economy, is reaching a breaking point and is on the verge of folding, according to former Walmart CEO Bill Simon. Mr. Simon told CNBC in a recent interview that a series of factors—political polarization, inflation, and high interest rates—were all working together …
Everyone’s waiting to discover the level at which yields spur financial instability. From @kitjuckes this morning: “For now, the FX market is a bystander, watching Treasuries and waiting for them to break something.” — Lisa Abramowicz (@lisaabramowicz1) October 3, 2023 via Bloomberg: The slide in Treasuries has been excessive given recent economic data and Federal …
From Peter Reagan at Birch Gold Group Americans planning for retirement already have a lot to contend with. Today, good news! This article might ease uncertainty a little when it comes future Social Security benefits. We’re going to discuss four factors to worry less about. And then one more we think deserves more attention than it gets. #1: Worry less …
We're looking for a hard reversal on the daily for Tech this week. And then pull the plug on this final festival of idiots. Let history sort them out. pic.twitter.com/gIM5I7b2qh — Mac10 (@SuburbanDrone) August 23, 2023 Another blowout for Nvidia. Last qtr, their gain was viewed as good for all Tech stocks. This quarter, their …
by Michael If you want to believe that propaganda that is coming from the Biden administration, you probably won’t want to read this article. Joe Biden insists that “Bidenomics” is working and that a wonderful new era of peace and prosperity is just around the corner. Meanwhile, inflation is out of control, homelessness is rising to very …
