V-Shaped Recovery In Housing Starts/Permits To Build (1-unit Starts Up 8.52% In September)

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by confoundedinterest17 The housing starts numbers for September were released this morning and point to a V-shaped recovery for housing markets. 1 unit starts were up 8.52% and permits to build were up 7.8%. This is a V-shaped recovery for single family housing. Unfortunately, there is no V-shaped recovery in 5+ unit multifamily housing. But the … Read more

A Farewell To … Jobs! Economic Effect of Joe Biden’s Tax Plan (Will Reduce GDP By 1.47% And Cause Job Losses of 518K)

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by confoundedinterest17 Joe Biden’s tax proposal is truly scary for American workers. Economic Effect of Joe Biden’s Tax Plan According to the Tax Foundation General Equilibrium Model, Biden’s tax plan would reduce the economy’s size by 1.47 percent in the long run. The plan would shrink the capital stock by just over 2.5 percent and … Read more

Q3 earnings off to a good start

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Saxo S&P 500 earnings in Q3 have so far been better than expected with the technology sector showing almost 10% earnings growth from a year ago. Our view remains positive on Q3 earnings, but there will likely be hiccups here and there in some of the most hyped stocks. We have said repeatedly that the … Read more

TSLA registrations down 13% YoY? What exactly is Tesla doing that is worth the 5X rise this year?

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by backward_s   https://www.reuters.com/article/us-tesla-registrations-idUSKBN275005 Even if registrations were flat, it wouldn’t deserve 5X, but it’s showing negative growth. I haven’t seen anything except vapor ware from Tesla and yet it’s working. The stock is still well over $400 which is $2000 pre-split. You would expect a high level of growth to deserve 5X but maybe … Read more

The Real Recession Is Just Starting.

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The Real #Recession Is Just Starting. #economy #inflation #fiscal https://t.co/lhkWYUuHlR — Jeff Allen Fortin 💎🐀 (@JFortin670) October 20, 2020   Escalating Debt Brawls Add to Headache for Distressed Companies As the pace of large U.S. company bankruptcies stabilizes, escalating tensions between distressed companies, private equity owners and creditors signal more bruising Chapter 11 filings to … Read more

Moderator for Wikipedia now removing all links from the nypost on all articles vlaiming its “unreliable”

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by Flcherrybomb   Wikipedia moderators have been infiltrated by special interest that moved the purpose of the website from its original rules and statements about not removing content that reflected negatively on the subject two sensory anything that might reflect negatively on certain subjects. As well as removing websites that they disagree with.     … Read more

LAPD Narcotics detective confronts CIA director over their involvement in the drug trade

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Would you like to know more about the CIA’s involvement in the drug trade? https://isgp-studies.com/cia-heroin-and-cocaine-drug-trafficking Journalist Gary Webb’s bombshell reporting on CIA involvement in the crack cocaine trade https://www.lewrockwell.com/2014/11/nathan-kleffman/cia-drug-dealing/ https://www.democracynow.org/2014/10/6/inside_the_dark_alliance_gary_webb Ron Paul exposes the CIA for their involvement in drug dealing https://www.rt.com/usa/paul-cia-drug-government-053/ UN official says drug money was used to save the banks during the … Read more

85% US small biz permanently close in 2020

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As many as 85% of independent restaurants may permanently close because of the pandemic by the end of 2020, according to a report commissioned by the Independent Restaurant Coalition. Independent restaurants, which comprise 70% of all restaurants, rely more heavily on dine-in revenue than chains and don’t have a corporate safety net or support system … Read more

I got sick of seeing the media pretend that everyone hates Trump and love Biden, so I tallied up their social media followers to show which candidate actually has the support of the masses

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by SAT0725 I’m sick of politics but even more than that I’m sick of the media colluding to alter the perceptions of the public. If you listened to media reports, for example, you’d think everyone hates Trump and is super enthusiastic about Biden. You’d read claims that Biden “crushed Trump in the ratings again!” and … Read more