Gustavo Arnal had a total net worth of $75,000. The majority of his holdings were 255,396 shares of Bed Bath and Beyond stock. The valuation of the stock has decreased from $1,266,764 to $30,647 in the last 6 MONTHS. Has …
Tesla reported Wednesday net income of $2.51 billion in the first quarter, a 24% drop from the same period last year as the company’s EV price-cutting strategy cut into profits. Tesla has repeatedly reduced the price of its four EVs …
by confoundedinterest17 I feel like I am in the movie “Silent Hill” under Biden and Janet Yellen. But call it “Silent Economy.” The conference board’s US Leasding Index model shrunk by -12.% in March, marking the 12th consecutive month of decline. …
by confoundedinterest17 US Treasury Secretary Janet Yellen is the God of Hellfire! Thanks to Yellen’s catestrophic Too-Low-For-Too-Long (TLFTL) and insane Federal spending, we are seeing the aftermath of The Fed trying to fight inflation. A fire sale of failed bank assets!! …
More banks are having liquidity issues … View post on imgur.com The bank said in a press release Wednesday that it had $27.1 billion in deposits as of March 20, which is down from $33.9 billion at the end of …
by confoundedinterest17 Strange days, indeed. Despite endless promises from Washington DC that there would never be another bank bailout, the Biden Administration bailed out Silicon Valley Bank (SVB) by removing the $250,000 cap on deposit insurance. Then Treasury Secretary Janet Yellen …
by confoundedinterest17 The thrill is gone from housing as The Fed tightens away. Well, January’s existing home sales numbers were horrific. Down -37% year-over-year (YoY) and down -0.7% MoM. The median price of existing home sales fell to 0.67% YoY.
We now have a stock market that falls on strong jobs numbers and rallies on recession signs. How did we end up here? — The Kobeissi Letter (@KobeissiLetter) February 3, 2023 https://twitter.com/WifeyAlpha/status/1621512136349589507 https://twitter.com/MFHoz/status/1621531710297964545
by confoundedinterest17 The important labor market cost index, the US Employment Cost Index (ECI) fell in Q4 2022 to 1.0%, down from 1.2% in Q3. Notice that ECI is falling as M2 Money growth falls. Fed meeting coming on Wednesday!
by confoundedinterest17 Its just like The Federal Reserve to be cutting US money growth as US jobs cuts accelerate. The latest US money growth numbers are out and they are daunting. M2 Money growth YoY is now negative at -1.8%. M1 money, …
by confoundedinterest17 Its a sign of the times! First, US default risk as measured by credit default swaps remains elevated (primarily because Biden and Democrats refused to cut wasteful spending or reign in non-retirees on Social Security). And NY Fed’s Reverse …
by confoundedinterest17 The US residential mortgage market seems to be born under a bad sign … and if it wasn’t for The Federal Reserve, it would have no luck at all. It is the start of a new year and, like clockwork, …
by Ryan McMaken of Mises Institute The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in 12 months. According to …
by Chris Black I think it’s safe to say the world will always be ruled by the satanic pedophile cult. JUST IN – EU threatens Elon Musk with Twitter ban unless the platform sticks to strict rules and police content, …
There has been a large fall in the number of people who consider themselves as Christian, dropping below half the population of England and Wales for the first time. The Office for National Statistics has released it’s latest data taken …
DCG is the most significant company in crypto. DCG’s subsidiary Genesis lent a lot of money to 3AC DCG bailed out Genesis (about $1.4bn) In Q4 2021, Genesis had $50bn of loans. Question is, who from these borrowers have FTX …
by confoundedinterest17 Now that the midterm elections are over (except for counting of million of mail-in ballots, a massive moral hazard risk), President Biden has proclaimed that he isn’t changing any of his horrid policies. And apparently, neither is The Federal …
by confoundedinterest17 US Q3 GDP numbers are out and they are … meh. Only Biden and Karine Jean-Pierre would cheer about 1.8% real GDP growth. At least real GDP growth wasn’t negative! Real GDP rose 2.6% after -0.6% in Q2 and …
by confoundedinterest17 This is the Biden Boogaloo! The National Association of Home Builders index just dropped to 38 for October as The Fed counterattacks Bidenflation by raising rates. Here is Biden dispensing his “economic medicine” to Americans. Remember, Biden says the US economy …
Sterling fell to $1.1407 in afternoon trade in London — a level not seen in 37 years — as investors responded to the U.K.’s darkening economic landscape with a new prime minister at the helm. British Prime Minister Liz Truss …
By Egon von Greyerz In this brief (20-minute) interview with Wall Street Silver, Matterhorn Asset Management founder, Egon von Greyerz, discusses US and global markets, precious metal pricing and the inevitable rise in hard assets as global economies and currencies soften in a …
https://twitter.com/72powpow/status/1565138311810654209
US Strategic Petroleum Reserve Falls To 35-Year Low https://t.co/DPUOkkjipj — zerohedge (@zerohedge) August 24, 2022
Total mortgage demand hits 22 year lows. Yes that’s lower than 2008 pic.twitter.com/5Ke54ouwqC — QE Infinity (@StealthQE4) August 17, 2022 Bulls, the Fed minutes said the same thing this time as they said every other time this year. They are …
by Michael + Is the rain that falls from the sky safe? When I was growing up, I would have laughed at you if you would have told me that I could get cancer by drinking the rain that comes …
by confoundedinterest17 Fannie Mae’s Home Purchase Sentiment index has declined from 81.7 shortly after Biden was sworn-in as President to a meager 62.8 in July 2022. Of course, mortgage rates have risen quite rapidly and home price growth remains elevated as …
by Chris Black Okay, this is Germany, but the situation is basically the same for all Western/industrialized countries (like Japan, South Korea etc): They told you that there were too many people and your women should work and be total/complete …
By Irina Slav Crude oil prices fell today after the Energy Information Administration reported a build in crude oil inventories of 4.5 million barrels for the week to July 29. This compared with a draw of an almost identical size for the previous week. …
