The Biden administration is offering paid leave to thousands of federal employees so they’ll volunteer to help care for thousands of migrant children who have crossed illegally into the U.S. in another sign the situation along the border has spiraled …
by The Phoenix Here’s a jaw dropping statistic for you… If the Biden Administration’s Infrastructure Program is signed into law, the U.S. will have spent nearly $10 TRILLION in a single year. Yes, Trillion with a “T” This is: 1) Equal …
by SUPER_swan This weekend I went and bought some Plywood for the house. I couldn’t believe how much I had to pay for some simple 2’x4’s. The price has gone up by 250% in just the last few months. With …
Lyn Alden with Jason Burack on Wall St for Main St Jason Burack of Wall St for Main St interviewed returning guest, top young analyst and global macro all star, Lyn Alden. https://www.lynalden.com/ Follow Lyn on Twitter here: https://twitter.com/LynAldenContact Lyn has a free email …
Your Evening Briefing: The year is only three months old, but already there have been two blowups on Wall Street. First came GameStop, now comes the margin call meltdown https://t.co/2y3rTNi32g — Bloomberg Markets (@markets) March 31, 2021 $SPX near the …
Via The Babylon Bee What’s been in the news lately? We had the tumultuous midterm elections, the wild Mueller investigation and that whole shindig, and whatever Trump last said on camera. Can people even remember what our last conflict in …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter There was strong appetite. Only the Fed shed them. Here’s who bought. Over the 12 months through February 2019, the US gross national debt ballooned by $1.26 trillion to $22.1 trillion. Someone had to buy this …
You've probably noticed that $VIX has gone from over-20 to under-12 within 60 trading days (about 3 months). Would you like to see on a $SPX chart every time that's happened in the past? Bears see 2007.Bulls see almost everything …
Jam packed episode today! This was one of those “what the hell was he thinking?” episodes. Those are classic. I hope you enjoyed it. This type of information simply doesn’t ever get connected together. We need these dots connected and …
via abc.net.au: If you felt a bit poorer at the end of last year, you’re not alone — Australian households dropped a lazy quarter of a trillion dollars in wealth in the three months leading up to New Year’s Day. According …
via upfina: The biggest story on Friday was that the spread between the 10 year yield and the 3 month yield went negative which means the yield curve inverted. The 10 year yield fell 10 basis points to 2.44% which was …
Shiller: Greater Than Average Chance of Recession in the Next 18 Months Nobel Prize winner Robert Shiller: Greater than average chance of recession in next 18 months from CNBC. Nobel Prize economist Robert Shiller says that the long expansion in …
by Michael Snyder The worst flooding disaster in the history of the Midwest is just getting started, and as this crisis unfolds we are all going to be feeling the pain. The “bomb cyclone” that recently brought hurricane-force winds and …
by markyu007 Snippet: Mr. Culp, who was CEO for the last three months of the year, received compensation valued at $15.4 million, including a salary of $625,000 and a bonus of $937,500. For 2019, his base salary is $2.5 million with …
WASHINGTON/FRANKFURT (Reuters) – “Patient” monetary policy. “Muted” inflation. “Uncertainty” over global trade and government policies that may be undermining the economy. Evidence of a world slipping back to an inflation-less, slow-growth norm – the outlook that prompted the U.S. Federal …
Can we just admit it? This is not a REAL bull market. Stock buybacks, central banks, short squeeze. Not even the major institutions or retail investors are getting sucked in right now! What a terrible joke and yet, just look …
by Troy The S&P 500 is still hovering at its 2800 resistance. Meanwhile, the NASDAQ is up 10 weeks in a row while the S&P is up 9 of the past 10 weeks. The bears are looking to short here, …
After just 2 months as Tesla’s top lawyer, Dane Butswinkas will return to Williams & Connely full time, according to the WSJ. Butswinkas said he would continue to work for Tesla outside the company. Jonathan Chang, who has been at Tesla …
2:54 Five million Latin Americans plan to migrate to the United States in the next 12 months, and an estimated 42 million more say they want to enter the country. Those statistics were in a report from Jim Clifton, the …
Reporter Millie Weaver challenges the Democrat talking point that “late-term abortions are only available for medical emergencies” by showing she was able to schedule an abortion appointment in her 9th month of pregnancy simply using the vague excuse of depression. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter China, Japan, other foreign entities dumped US Treasuries. But someone had to buy. Here’s who. Under the impact of a stupendous spending binge peppered with juicy tax cuts, the Treasury Department has had to issue a …
Yet another indicator pointing to a recession. Like I have said hundreds of times. I’m not saying that it’s going to happen. I’m simply providing the data. If the central banks print more money, the stock market can break previous …
Over 80% of all non-financial stocks in Canada lost money on a free cash flow basis in the last 12 months! Australia, US and Asian countries aren’t too far behind. This is not a picture of a healthy global economy. …
By Tom Kool Crude oil prices continued to rise on Tuesday, making the most recent rally the longest in 17 months. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) – The Henry Hub natural gas price …
Trump: I did say I’m prepared for shutdown to go on for years from CNBC. Democrats emerge from a meeting at the White House showing little optimism about ending a government shutdown. From CNBC: Democrats emerged from what they called a …
by Jon Rappoport It’s been twenty-four months since I first posted this. Would love to hear your thoughts on this article and President Trump two-years on. Sound off in the comments… My position on Donald Trump December 2016 I’ve written …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Debt out the wazoo, but someone is still buying it. The US gross national debt has ballooned by $1.33 trillion over the past 12 months to $21.8 trillion as of December 14, according to Treasury Department …
via Matt Belvedere There could be a lot more pain for the stock market if Leuthold’s Doug Ramsey’s historical valuation comparison becomes a reality. Ramsey says the S&P 500 could decline 20 percent over the next six to 18 months. …
It’s difficult to take Jerome Powell’s jawboning about an independent Fed unaffected by either Trump’s ongoing verbal assault or the markets’ recent declines when he supposedly, suddenly, sees an entirely different economic reality than he did two months ago. Fed …
by Kimble Charting Could the S&P remain stuck in a trading range for another 8-months? Possible as it could be repeating a prior trading range! This chart applies Fibonacci extension levels to the 2007 highs and 2009 lows at each …