Independent thinking for complex markets and current events
Ted Oakley, Founder of Oxbow Advisors, discusses the major market shifts investors can expect in Q4, 2024, factoring in a Presidential Election, two wars that the U.S. is involved in, a Fed easing cycle, and what Oakley describes as an “extremely overvalued” stock market. This relationship is eye-opening: Inverted Shiller PE ratio predicts 10-year …
The extent to which demand for existing homes has collapsed and remains collapsed is astounding, but ultimately not surprising: Demand plunged in 2022 when mortgage rates soared, and plunged a lot further in 2023 as mortgage rates continued to rise to almost 8% by October 2023. But then as mortgage rates dropped starting in November, …
Barstool founder Dave Portnoy unleashed on the media for the “gaslighting” of the American people to push Kamala Harris, who he said is the “worst presidential candidate” we have ever had in our history. In a lengthy anti-Kamala rant posted on X, Portnoy said the “gaslighting” l claiming that the Vice President is some kind …
Vice President Kamala Harris launched into a bizarre explanation about stars and constellations to explain former President Donald Trump’s actions. During an interview with Roland Martin released Monday, the commentator asked Harris to react to former Trump’s frequent derision of big cities with large black communities, like Detroit, Chicago and Washington, D.C. ‘I talked with …
Final preparations are underway in Florida as Hurricane Milton approaches as a monstrous storm. Officials warn debris from Helene could become flying projectiles, adding to the danger. After losing strength overnight, as of 5pm eastern, Milton is back at category 5 hurricane status on the Saffir-Simpson scale. Milton was expected to re-intensify as it makes …
Crazy and volatile day in Chinese stocks. Hong Kong indexes fell 9-13%. Mainland Chinese indexes rallied 5-17% after being shut for a week. Both Mainland China & Hong Kong saw record turnover. Full summary https://t.co/Gg1GTkmcZH pic.twitter.com/RWdRJ32MW1 — David Ingles (@DavidInglesTV) October 8, 2024 JUST IN 🚨: Hang Seng Index falls by 9.41%, its largest loss …
He won’t let them tarnish his legacy to lift herself up Biden legacy is the worst in history and he’s taking them all down with him He played their game and ran course these past 4 years and he’s not letting them abandon that now — Heather 🇺🇸 (@MrsAmericaaaa) October 4, 2024 Too fast! This …
A panel of independent experts reported this week that NASA lacks funding to maintain most of its decades-old facilities, could lose its engineering prowess to the commercial space industry, and has a shortsighted roadmap for technology development. “NASA’s problem is it always seems to have $3 billion more program than it has of funds,” said …
Everything you see about Kamala is fake fake fake, including the debate where she was fed the questions. Wake up. Fake vs real, often too real for TDS pic.twitter.com/jvxvdPQfip — George Paxton (@GeorgeP63470020) September 13, 2024 She has no support. They have to bus fake supporters into her rallies to make the optics look better. …
Yep. pic.twitter.com/i23TJGU2lZ — Western Lensman (@WesternLensman) September 11, 2024
Squeezed by the rise of online pharmacies, falling reimbursement rates for prescription drugs, and giants like Amazon eating into their general retail sales, Walgreens investors have had a disappointing year — and nowhere does that show up more clearly than on the ticker tape. Indeed, Walgreens (WBA) stock has now shed 63%+ of its value …
Red Sea littoral states brace for the worst tanker spill this century https://t.co/HKEpT6nAdY pic.twitter.com/WoXAzMqLCz — Splash (@Splash_247) August 28, 2024 Ambrey and the United Kingdom Maritime Trade Operations (UKMTO) said the tanker was hit by missiles about 70 nautical miles northwest of Yemen’s port of Saleef. The merchant ship was hit about 50 nautical miles …
From the "worst VP in history" to "our savior" within weeks. One of the largest coordinated psyops we've ever seen.Pretty incredible.pic.twitter.com/sYVn23zwWd https://t.co/5J8DJxkNiO — Financelot (@FinanceLancelot) August 22, 2024
by confoundedinterest17 That’s Biden/Harrisnomics! US Leading Economic Indicators down for their 29th straight month – at a level worse than the trough of COVID lockdowns… …and the head of The Conference Board says ‘nothing to see here’… “The LEI continues to fall on a month-over-month basis, but the six-month annual growth rate no longer signals …
Biden doesn’t look all the way there. You can see it in his eyes. Remember, he’s supposedly still the President of the most powerful nation on Earth. This is both sad and humiliating for our country. — News Nomad 🗞 (@The_Nomad_News) August 20, 2024
Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks’ balance sheets The $13 billion that Elon Musk borrowed to buy Twitter has turned into the worst merger-finance deal for banks since the 2008-09 financial crisis. The seven banks involved in the deal, including Morgan Stanley and Bank of America, …
🚨HISTORIC DECLINE IN TRADING LIQUIDITY Bloomberg reports the two-week drop in the S&P liquidity index is the worst on record since 1996. “That’s pretty surprising given that conditions are nowhere near as bad as they were during the GFC or Covid” OUCH. — Genevieve Roch-Decter, CFA (@GRDecter) August 9, 2024 Wild chart… Equity Liquidity evaporated …
Dolton in Crisis: Lightfoot reveals alleged misuse of funds by Mayor Tiffany Henyard DOLTON, Ill. – In a jaw-dropping meeting on Thursday night, former Chicago Mayor Lori Lightfoot presented initial findings from her investigation into the Village of Dolton’s ‘dire’ financial situation. The bombshell report delved into the spending habits of Dolton Mayor Tiffany Henyard …
Over $2.9 trillion has been wiped out from major indices and stocks this morning due to growing fears of a global recession. byu/External-Noise-4832 inconspiracy Stocks sunk on Friday morning after investors were spooked by a weak jobs report. The unemployment rate fell to the lowest level in almost three years – hitting 4.3 percent in …
“It’s A Disaster” – Japanese Stocks Suffer Biggest Point Drop Since Black Monday Japan’s benchmark Nikkei Stock Average on Friday recorded the second biggest daily drop in its history, as stocks extended losses following a sell-off in New York overnight. The index plunged to 35,909.70, down 2,216.63 points, or 5.81%, marking its lowest close since …
By Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2020/11/Trudeau-Grest-Reset.mp4 The Fraser Institute conducted a study that found Canadians are experiencing the worst standard of living in the past 40 years. Conditions are beneath what was experienced during the 89 recession, the Great Recession, and even the early stages of the post-pandemic. What is going on in Canada? Justin Trudeau uprooted Canada’s fiscal …
Has the day of reckoning finally arrived? Wednesday’s rout in tech stocks led by Tesla and Google parent Alphabet wiped a collective $1 trillion in value off U.S. equities, signaling a broad-based correction could be in store. Losses in the benchmark S&P 500 index and tech-heavy Nasdaq Composite endured their worst days since the fourth …
"M&A activity across the US and Canada slowed in the second quarter of 2024 to the lowest level since the early days of the pandemic, owing to relatively high interest rates and financing challenges."@SPGlobal pic.twitter.com/Vd9ervi16o — Daily Chartbook (@dailychartbook) July 17, 2024 There are 33 MILLION small businesses in the US, 44% of GDP. They …
PRESIDENT TRUMP: Terrorists are coming in — and they're coming in from mental institutions, insane asylums, prisons, and jails from all over the world. Not just from South America — from all over the world. pic.twitter.com/lryf0VEvZO — Trump War Room (@TrumpWarRoom) July 9, 2024
2024 has already exceeded last year’s gaming layoffs — and at twice the pace More developers are pessimistic on the market and see a lack of understanding from investors as the biggest culprit Live services are integral to bottom lines and have informed recent M&A deals, but they come with unrealistic expectations The first quarter …
Supply chain disruptions. Congested ports. Delivery delays. Soaring shipping prices. All of this seemed like a distant memory from the peak of the COVID-19 pandemic, but it’s happening again, and conditions are far scarier this time around. The head of ocean freight of the Americas at Rhenus Logistics, Stephanie Loomis, who spends her days negotiating …
In a surprising twist, car prices are experiencing a dramatic shift. After years of seemingly endless climbs, prices are now plummeting at an alarming rate. Here are some key points: New Vehicle Prices: Industry analysts report that the average price of a new vehicle has dropped by nearly 20% year-over-year. This decline is a welcome …
Shares of Berkshire Hathaway nearly registered their worst day this year Tuesday, a loss almost certainly not connected to Monday’s bizarre issue that caused the New York Stock Exchange to show Berkshire shares down almost 100%, but still coming as a steep selloff that even confounded Wall Street analysts. Key Takeaways Berkshire Hathaway’s Class A shares fell …
The steep fall is due to the results so far falling short of the exit polls, which the market had discounted yesterday. Moreover … it is possible that Modi 3.0 may not be as reform-oriented as the market expected and may turn more welfare- riented. — stan1m1r (@stan1m1r) June 4, 2024
