by dkrett There has been no particular catalyst for the tumble in the regional banks Tuesday (KRE ETF currently down 8%), with losses accumulating gradually from the open, but mainly after JOLTS job openings data entered the rear view. The …
Source: https://t.co/FT0OJyWQ9i — Inconvenient Truths by Jennifer Zeng (@jenniferzeng97) March 19, 2023
A Seattle school district is being forced to lay off employees amid financial turmoil that was caused by plummeting student enrollments. Seattle Public Schools announced on Tuesday that some staff members have been notified they may lose their jobs to …
Public trust in the FBI is plummeting across the board—here’s why that’s a good thing.
by AP9384629344432 One by one, the insane price increases we saw in 2021 and into 2022 are reversing or at least cooling down. It makes me think that through supply chains entering into overdrive and a looming recession, inflation will …
by Boo_Randy The insane housing bubbles blown by 14 years of central bank “emergency measures” are starting to burst. Watch “The Big Short” this weekend, apes, if you want to see how this is going to play out. The wipeout …
Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs The consumer price index accelerated 8.3% in April, more than the 8.1% estimate and near the highest level in more than 40 years. Core CPI, …
The Walt Disney Co. is the worst performing stock in the Dow Jones Industrial Average for the past year, plummeting 31 percent in the last 12 months. Of the 30 companies that comprise the Dow, Disney has seen its stock …
via zerohedge: One year ago, just as the Fed had started quantitative tightening, i.e., the shrinkage of its balance sheet, JPMorgan’s Nikolaos Panigirtzoglou, author of the popular Flows and Liquidity newsletter predicted that the more than $1 trillion decline in G4 central bank bond …
via fee.org: Yet again, government intervention hurts those it is intended to help. ne of the more elementary observations about economics is that a nation’s prosperity is determined in part by the quantity and quality of labor and capital. These “factors of production” …
TIM WISE has spent the past 20 years speaking to audiences in all 50 states, on over 1000 college and high school campuses, at hundreds of professional and academic conferences, and to community groups across the nation. He has also …
