We provide unfiltered news and market signals for people who have no time to search.
Re-upping the stunning demolition videos showcasing housing oversupply in China: 15 skyscrapers in China that were part of the Liyang Star City Phase II Project were just demolished after sitting unfinished for eight years due to absent market demand. pic.twitter.com/UByqjk8QXX — Jon Hartley (@Jon_Hartley_) September 15, 2021 h/t Cryptnotic
pic.twitter.com/WX6OP75bJz — Kuniotchi (@Kuniotchi) September 12, 2021 h/t AR 15-SPECIALIST
Keep printing… Global food prices jump 33% in August from a yesr ago. pic.twitter.com/tFFMGfAXfL — Daniel Lacalle (@dlacalle_IA) September 16, 2021 Electricity prices in Europe…. pic.twitter.com/c7Zdjyd24d — Russian Market (@runews) September 16, 2021 *ECB ALSO TO STUDY REPUTATIONAL, OPERATIONAL RISKS BANKS FACE *ECB CLIMATE TESTS TO LOOK AT MARKET RISK AS WELL AS LOAN … Read more
I think Xi sees China going down the same road as the west and doesn’t like it. Celebrity culture etc. It’s a purge. I can’t say he’s wrong either, just the methods perhaps. — Godzilla Trader 🦖 (@David_Tracey) September 16, 2021
pic.twitter.com/sYPcg9iQNz — M/1_LP (@MI_Investments) September 16, 2021 Capitulation in the Chinese property/development sector. Evergrande was the tip of the iceberg. This is what happens when you create growth inefficiently 👇 pic.twitter.com/sH2Uqb1EhY — Menthor Q (@MenthorQpro) September 16, 2021 There are pockets of contagion in Chinese markets from Evergrande's swoon. The property developer's woes exacerbate an … Read more
Care providers have told Channel 4 News that elderly and vulnerable people “will die” due to an unprecedented shortage of staff.
They literally printed the money to pay themselves through the stock market and now are concerned about the ethics, what a show. h/t dhoomz
https://www.youtube.com/watch?v=OZzDrNC1cIE
https://twitter.com/USBPChiefDRT/status/1437890868501958656 Biden’s open border policy has dire consequences for some who are too young to survive when abandoned. Two very young children (2-years old and 3-months old) happened to be spotted by border patrol agents along the Rio Grande. If they hadn’t been seen and rescued they would not have survived. The two children are … Read more
TradersChoice.net, Released on 9/16/21 Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served … Read more
Walmart employee quits her job over the PA system while bashing her former employment. pic.twitter.com/SaIIJpFyiX — NESARA – GESARA (@Gitmo33) September 16, 2021
It comes after President Biden appeared to forget Prime Minister Scott Morrison’s name during a historic announcement that will see Australia acquire nuclear-powered submarines. “Thank you Boris (Johnson) and I want to thank uh, that fella Down Under,” President Biden said as he turned to the television screen Mr Morrison appeared on. https://www.news.com.au/world/president-biden-doesnt-know-where-he-is-or-who-hes-talking-to/video/bab1aafe6fb29af746f4234f87329760
(I doubt anything will happen…and a bit late) The false statements of Michael Sussman https://technofog.substack.com/p/nyt-john-durham-seeks-indictment Special Counsel John Durham “will ask a grand jury to indict” former DNC/Clinton campaign lawyer (and Perkins Coie partner) Michael Sussman for giving false statements. The false statement charges would relate to a September 19, 2016 meeting FBI lawyer James … Read more
by Martin Armstrong The eviction moratorium ends on September 30th. There are people who are abusing the entire pandemic. Some have flat out said they’re not paying, you can’t evict them, and then they buy a brand new car and put it in their driveway. What people need to know is that they can be … Read more
via John Stossel Today’s politicians want to spend more on EVERYTHING: Amtrak subsidies, sports stadium subsidies, green energy subsidies, even fossil fuel subsidies. President Joe Biden says the handouts will “put more money in your pocket.” House Speaker Nancy Pelosi claims they will “protect the planet for the children.” They might. But a disproportionate amount … Read more
The largest destination, the New York City metro, is expected to see an 88% collapse in annual hotel business travel revenues, from $4.6 billion in 2019 to a projected $531 million in 2021. In Orlando, the second largest destination in 2019, annual hotel business travel revenues are expected to collapse by 81%, from $2.8 billion … Read more
by The Phoenix Yesterday I explained how the official inflation statistic used by policymakers, the Consumer Price Index or CPI, is practically useless. I realize this is quite controversial. After all, everyone on the planet from hedge fund managers to social security administrators uses this data point as THE inflation measure. Unfortunately for them, CPI is pretty … Read more
from Kerry Lutz’s Financial Survival Network Real estate has been doing great where taxes are lower, and it seems that the stage of buying-panic has come to a close as purchasers stop over-paying quite as much for homes. Today we have Andrew Ragusa on the podcast to discuss what exactly is happening with the market, and what you … Read more
