Black Lives Matter Global Network Foundation, a non-profit that grew out of the protest movement, is haemorrhaging cash, financial records show The group ran an $8.5 million deficit and saw the value of its investment accounts drop by nearly $10 …
by DesmondMilesDant Next CPI acc to Cleveland is 4.11%. Headline inflation never comes above Cleveland Fed expectations. Let’s see what happens.
Another sign of the times? I think the next two years are going to be very interesting! Demand and output for cardboard boxes and other packaging material fell sharply in the fourth quarter of 2022, according to data released by …
by Boo_Randy The UK sheeple, like their Murican counterparts, are going to pay a terrible price for electing stooges of the oligarchy who gave the Keynesian fraudsters at the BoE free rein to carry out its reckless monetary malpractice. Now …
https://twitter.com/Quattroshitcorn/status/1551960557430906882
by: Stefan Gleason As Russia appears to be on the verge of defaulting on its debt, the U.S. debt market is also signaling trouble ahead. Treasury bonds, long considered to be among the safest investments, are rapidly plunging in value …
by DontMicrowaveCats TL;DR- Anchor Protocol is one of the biggest Ponzi schemes in DeFi. They promise people who deposit UST stablecoin to their platform an eternal 20% yield. The only way they can pay this yield is through borrower interest …
By Michael Lebowitz and Lance Roberts Despite more weak economic data from China, U.S. stocks are set to recover yesterday’s losses and more. ADP will be released at 8 am ET. The current consensus expectation is for the formation of …
by Shaun Richards The weekend just gone saw some extraordinary moves in Turkey. Ankara dismissed the head of the Central Bank of the Republic of Turkey’s (CBRT), Naci Ağbal, and replaced him with professor Şahap Kavcıoğlu, according to a presidential …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Leery investors? During the ugliest October in the stock market that anyone could remember, a nasty November, and a brutal pre-Christmas December, margin debt plunged by $94 billion, the deepest three-month plunge since Q4 2008, after Lehman …
by Shaun Richards Today brings a development which will no doubt be trumpeted across the media and it is explained by this from Reuters yesterday, Greece will return to bond markets with a five-year issue “in the near future, subject …
via Joanna Ossinger A key gauge of S&P 500 Index options activity has tumbled to multiyear lows, which some might see as a signal investors are underhedged. But JPMorgan Chase & Co. doesn’t think so. The plunge in the S&P 500 …
by Michael Snyder What goes up must eventually come down. For years, the California housing market was on the cutting edge of “Housing Bubble 2” as we witnessed home prices in the state soar to absolutely absurd levels. In fact, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Note the bifurcation: weakest plunged 80% from peak, strongest “only” 30%. This is my now classic twice-a-year progress report on the decline of mall REITs. The series began in May 2016, shortly before the peak of mall REITs in July …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Landlords are reading the memo, but it may be too late. Shares of Amazon multiplied by a factor of ten since 2009. Shares of Wal-Mart are flat over the past five years but are up 30% …