Independent thinking for complex markets and current events
President Biden has been warned by top aides and his wife Jill to rest more and be more mindful of his health going into 2024 — while he claims he “feels so much younger” than his 81 years, according to a new report. The age dynamic has caused tension inside the White House, according to …
US bankruptcy filings on pace to reach highest level since 2020 US bankruptcy filings are picking up steam after a two-year decline. According to a report released by S&P Global Market Intelligence, there were 591 bankruptcy filings as of Nov. 30 this year, just behind 2020’s tally of 603 in the same period. By comparison, there were 367 filings …
How about that “strong” retail sales data… pic.twitter.com/kzrjb4ZvdI — Amy Nixon (@texasrunnerDFW) December 14, 2023 I mean, what are they going to do? Repossess the empty bag of Doritos you ate months ago? As far as subprime loans go, these are the worst possible imaginable ones for banks. What’s the collateral? At least in 2008 …
Dozens of massive container ships are experiencing delays of up to four weeks Congestion in canal could have a wider impact across the global supply chain Christmas supplies heading to America could be delayed over the coming weeks in a threat to the festival season as the Panama Canal suffers its worst-ever drought. Unprecedented conditions …
by EuthanizeArty Think twice the next time you say Tesla relies on subsidies: Ford is cutting its own investment to 2.5B, while the state is providing 1.75B in known handouts(Some estimates put the total subsidies at 2.2B) Jobs created are only expected to pay 20/hr, lower than state median wage, and cut from 2500 jobs …
A deadly storm wreaks havoc in the Black Sea region, leaving nearly half a million without power, claiming one life, and causing widespread destruction in Crimea and southern Russia. The severe weather forces emergency declarations and government closures, urging residents to stay indoors as strong winds persist. The worst storm in a century in the …
Bonds are now more volatile than Gold for the first time in 40+ years. Let that sink in. pic.twitter.com/nRqT19FAIR — Bravos Research (@bravosresearch) November 21, 2023 ⚠️ANOTHER ONE FOR THE #DTCC “WEIRDER THINGS” RECORDS ⚠️ According to this note below, the Cusip ID of a UBS bond due to settle tomorrow has been “deleted” 🤨 …
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 …
via naturalnews: The U.S. Treasury market has been awfully shaky for quite a while but it had its worst day in six months on Thursday, November 9, as measured by the performance of the Bloomberg Treasury Index. A disastrous auction of 30-year Treasury bonds sent long-maturity yields soaring as investors demanded additional compensation for funding a ballooning fiscal deficit. …
“The median stock is down 36%, this is one of the worst bear markets in history, and everybody is talking about it as if it is a bull market” Check out the first half of my convo with @profplum99 here https://t.co/gTm6RwEkVPorwatch the full video on Eurodollar University… pic.twitter.com/p7GexJeTNN — Jeffrey P. Snider (@JeffSnider_EDU) November 13, …
by Kittybatty As of lately, Reddit has really gone downhill this is the absolute worst social media site if you want to talk about anything interesting or anything real or anything of substance at all. The majority of people in this sub and other alternative subs are literally just parrots, I feel like some of …
via thetruthaboutguns: From the NRA-ILA . . . Is there anyone or anything that professional ranter, former progressive pillow company executive, and anti-gun activist David Hogg hasn’t blamed for gun crime? The NRA, predictably, has been pretty much at the top of his list (for instance, here, here, and here), but to date, the admittedly far-from-complete list also includes . …
This is shocking: US population growth has collapsed Reaching levels near 0% indicating almost NO growth Current levels have NEVER been seen in 100+ years Even during the Great Depression, population growth bottomed out at around 0.5% In other words, this is the worst population growth setup seen in over 100 years of US history …
Even during the Great Depression, the population growth rate remained around 0.5%. This current scenario represents the bleakest population growth outlook in over a century of US history! This is shocking: US population growth has plummeted Reaching levels near 0% → NO growth! Current levels have never been seen since 1901 Even during the Great …
Megacap stocks are now aligning with the broader market’s downward trend, highlighting a significant shift. As reiterated, the path forward seems to depend on two potential scenarios: either interest rates experience a substantial and unexpected decline from their current levels, or the valuations of these high-flying stocks face a profound reappraisal. Agreed 100%. Chart below …
Everyone was tricked into dumping their volatility positions at the worst possible time. — Financelot (@FinanceLancelot) October 25, 2023 #recession … #StockMarket Bubble edition#volatility #VIX 📈 😬 https://t.co/xm7BJe63zl pic.twitter.com/8ibL9o05JU — Invariant Perspective (@InvariantPersp1) October 25, 2023 #recession … #StockMarket Bubble edition#smallcaps $IWM #RTY_F 📉 🥶 https://t.co/N7GtyHGPEb — Invariant Perspective (@InvariantPersp1) October 25, 2023 Jeremy Grantham: …
The White House has ordered the Department of Defense to begin preparing Contingency Plans for a “Worst Case Scenario” in the Middle East which could require the Evacuation of Hundreds of Thousands of U.S. Nationals from the Region with Significant Concern for the roughly 600,000 Americans in Lebanon and Israel. The White House has ordered …
by TonyLiberty The largest US Banks are facing their worst Bad loan write-offs in 3 years. (Bad loan write-offs are loans that banks have given up on collecting. When a bank writes off a loan, it takes the loss on its balance sheet) The increase in bad loan write-offs is a sign that credit quality …
TRUMP: “We have the worst education almost in the large world, the world that people know about.”pic.twitter.com/FP4AVCyvxp — Trump Lie Tracker (Commentary Account) (@MAGALieTracker) October 7, 2023 pic.twitter.com/MB9dTKlFSh — Debi Ganster🟧🟦 (@Funisfunfornow) October 7, 2023
The public focuses on the stock market but this bond market is much more important to the economy. There are major consequences for all the banks who hold Treasury Bonds. The level of unrealized losses has probably gone through the roof and possibly hundreds of banks are technically insolvent if they had to mark their …
https://t.co/d3Re50lF6H — DerFinanzNinja (@derfinanzninja) October 2, 2023 via FT: The World Bank has cut its forecast for China’s growth next year and warned that east Asia’s developing economies are set to expand at one of the lowest rates in five decades, as US protectionism and rising levels of debt pose an economic drag. The gloomier …
by truemore45 https://finance.yahoo.com/news/unconscionable-baby-boomers-becoming-homeless-103000310.html So I personally have dealt with this with a family member, they were silent generation and this was before COVID. I had a family member who got screwed over in a divorce in her late 60s, she was a stay-at-home mom, and worked some but only a small SS check $800 per …
https://www.youtube.com/watch?v=xmz0OxQJ1x4 We’re witnessing the worst food crisis in modern history, and new data shows it is about to go to an entirely new level. Right now, Hundreds of millions of people are desperately hungry all over the world, and an alarming number of children are facing starvation. According to the official UN website, approximately 735 …
Why is this not getting more attention? h/t WarrenBuffetsIntern
by Michael Hundreds of millions of people are desperately hungry all over the world, and by the time you are done reading this article more children will starve to death. Earlier this year, CNN actually admitted that we are in the midst of “the worst food crisis in modern history”, but because the mainstream media rarely features …
via Matthew Piepenburg: In many recent articles and interviews, I’ve warned that Powell’s “higher for longer” war against inflation will actually (and ironically) lead to, well… greater inflation. That is, the rising interest expense (nod to Powell) on Uncle Sam’s fatally rising 33T bar tab will inevitably need to be paid with an inflationary mouse-clicker at the Eccles Building. I’ve …
by confoundedinterest17 Here are some bits and pieces about the US economy and interest rates. The Federal Reserve, the most powerful Socialist machine on the planet, is considering rate their target rate after some bad economic news. First, real median household income (released yesterday for 2022) showed a decline of -2.3%. That is the worst …
by confoundedinterest17 Danger Will Robinson! Danger! Median sales price of homes in the US sank by -7.4% in Q2 2023. This is particulary dangerous since it was the worst correction in home prices since two rather nasty recessions of 1970 and 2008 (The Great Recession and financial crisis). This correction occured as M2 Money growth (green …
