How Many More Signals Do You Want?

by BoatSurfer600 At least a recession is confirmed in the trucking industry in the US. You will be stunned to know that diesel prices are down 50% in the last year as demand plummets from the biggest fuel guzzler: “The …

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Alarm Signals in Bank Reports

by bitkogan I continue to discuss banks, as nearly all the reports presented today have (surprisingly!) exceeded expectations. Here’s a brief overview of the numbers and what I’m paying attention to: 1️⃣ Bank of America (BAC) — Revenue reached $26.3 billion, …

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Already Gone! U.S. Manufacturing Index Falls to Lowest Since 2020 As Fed Signals Removal Of Monetary Stimulus (As 10Y Treasury Yield Tries To Breech 3% Barrier)

by confoundedinterest17 What happens when the massive Fed stimulus is gone? Its Already Gone … or going. A measure of U.S. manufacturing activity unexpectedly dropped in April to the lowest level since 2020 as growth in orders, production and employment softened. The …

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