Breaking news, updates, and reports on current events.
by bitkogan Hedge funds and other large speculators have taken the most skeptical view of stocks since 2012. This fact alone doesn’t imply an inevitable market decline. On the contrary, sentiment could change for any reason, leading to a massive short squeeze. In March, the correlation between hedge fund positions and the VIX rose to … Read more
by BoatSurfer600 Europe and the rest of the world* Homeowners faced a fresh blow after higher than expected inflation raised fears interest rates could hit 5 per cent. Mortgage holders have been hit by a series of interest rate rises as the Bank of England attempts to bring spiralling price increases under control. Interest rates … Read more
They been voting for Democrats for almost 100 years and it’s not going to change anytime soon. We watched a mob of teens riot through the streets of downtown Chicago over the weekend. For three straight days, one of the safest places to visit in my hometown wasn’t. Young people destroyed property, beat up other … Read more
New cars are selling below sticker price for the first time in 20 months, per Kelley Blue Book. — unusual_whales (@unusual_whales) April 19, 2023
by goldenloi I want to be very clear: I am not trying to say that 2023 will be an exact repeat of 2008. Only time will tell exactly how this plays out. Either way, I found it interesting just how similar the volatility performance was between these two periods. You have alot of people right now … Read more
by Dismal-Jellyfish Source: https://www.marketwatch.com/story/sen-rick-scott-the-fed-isnt-owning-up-to-its-failures-we-need-to-make-it-accountable-19d3697c The Federal Reserve has become a monster. The Fed is the world’s largest and most powerful central bank. It spent years buying up trillions in government bonds, mortgage securities, and other financial instruments. Altogether, its assets add up to a staggering $8.6 trillion. Considering that massive balance sheet, and how influential the Fed is … Read more
by BoatSurfer600 What are the markets preparing for? The US Bond markets are under siege as the extreme front-end rates have decoupled. The 1M T-bill is now at 3.89%, and the 3M T- Bill is now at 5.20%. The spread is at a record 131 bps Sagar Singh LinkedIn
Meta will conduct another mass round of layoffs on Wednesday, several sources working at the company told Vox. In an internal memo posted to a Meta employee message board on Tuesday evening and viewed by Vox, the company told employees that the layoffs will start on Wednesday and will impact a wide range of technical … Read more
NEW 🚨 A competition in New Zealand for children to hunt and kill feral cats has been scrapped following public outcry https://t.co/m0h0f0y52n — Insider Paper (@TheInsiderPaper) April 19, 2023 A competition in New Zealand for children to hunt and kill feral cats has been scrapped following public outcry, with a major animal welfare group on … Read more
An alleged Chinese Communist Party (CCP) operative arrested by the FBI on Monday was pictured meeting with several prominent New York Democrats at swanky dinners and campaign events, a Daily Caller News Foundation investigation found. Lu Jianwang, whom the FBI arrested Monday for conspiring to act as an agent of the People’s Republic of China … Read more
Past 10 days have been wild: — Capital One shut off all dealer floorplans (aka inventory lines of credit) — USA Auto Sales shut down 39 dealerships after losing its Ally floor plan — Wells fargo laid-off all its junior Auto loan underwriters and capped future loans Insanity. — Car Dealership Guy (@GuyDealership) April 18, … Read more
As of April, the pace of inflation has slowed from a year-over-year peak of 9.1% to 5%. That’s good news for struggling consumers, but doesn’t tell the whole story of how much more Americans are spending due to rising prices. That’s because the year-over-year inflation only looks back one year, even though inflation has been … Read more
~100% increase in the past 18 months pic.twitter.com/VNLUWHSjKg — Adam Taggart (@adamtaggart) April 19, 2023 Credit crunch is moving forward, taking out auto lending home lending and commercial real estate. Recession signals are 🚨🚨🚨 🔊 https://t.co/xJgzSeqaOL — Wall Street Mav (@WallStreetMav) April 19, 2023 70% of Americans are feeling financially stressed, per CNBC. — unusual_whales … Read more
Here's one of the leaders of one of the groups who is now indicted, Omali Yeshitela of @_InPDUM, speaking at a "Peace in Ukraine" rally last month. Criminalizing speech is becoming increasingly common by claiming the speech serves Russia's interests:https://t.co/i9kmkLYykr — Glenn Greenwald (@ggreenwald) April 19, 2023 Even more chilling is how media outlets cover … Read more
It was really really beautiful once. Not even that long ago. We never ever go there anymore. 😞💔 — Nancy the Neanderthal 🇺🇸 (@nan_mclellan) April 19, 2023 One store after another shutting down — Elon Musk (@elonmusk) April 18, 2023
https://t.co/ci7TMuMSFi — 🇺🇸 Mike Davis 🇺🇸 (@mrddmia) April 18, 2023
by Martin Armstrong Mobs of hundreds of teens and young adults are terrorizing Chicago and burning their own city down. Former Mayor Lori Lightfoot permitted crime to take place. Mayor-Elect Brandon Johnson is another far-left politician who will do nothing to save the city. “It is not constructive to demonize youth who have been denied … Read more
They hate you unless you bow to them and accept their twisted values, corrupted morals and lack of ethics. — Joe Gaffney (@Jtg12461) April 18, 2023 Rand Paul: “DHS even put out a video encouraging children to report their own family members to Facebook for disinformation if they challenged US government narratives on COVID-19. Does … Read more
by Martin Armstrong Fannie Mae and Freddie Mac are making some changes to Loan Level Price Adjustments (LLPAs) that will likely hurt those with good credit applying for conventional loans in the US. To ensure “fairness,” the agencies are helping “underserved” first-time home buyers by reducing costs for those with lower credit scores and less … Read more
by confoundedinterest17 It’s only mid April and mortgage demand should be approaching it’s yearly high. But under Biden and The Fed, mortgage demand seems to have peaked earlier than normal. It’s already late in mortgage cycle. Mortgage applications decreased 8.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications … Read more
View post on imgur.com Donald J. Trump @realDonaldTrump I don’t believe Elon Musk voted for Biden, not for a minute! He told me that he voted for me, but who knows about that, and who cares? Elon is just trying to make friends with the absolutely horrible Biden Administration because of all the government subsidies … Read more
‘A Johnson & Johnson subsidiary is again asking a U.S. judge to pause tens of thousands of lawsuits alleging the company’s baby powder and other talc products cause cancer, as it seeks to resolve the litigation in bankruptcy after a federal appeals court found its first attempt improper. At a Tuesday hearing in Trenton, New … Read more
https://t.co/XcLbT2X4gx — Bernard B. Kerik (@BernardKerik) April 19, 2023 In addition to the Chinese police station above a noodle restaurant in Manhattan’s Chinatown, there is another station at an undisclosed address in New York City, as well as an outpost in Los Angeles, according to a new report by Safeguard Defenders. The Madrid-based human rights … Read more
