Money is getting tighter in America. More lenders have stiffened their standards in the wake of increasing turmoil within the banking sector. https://www.reuters.com/ma...
10:25 AM - May 11, 2023
Fed Gets Room to Hold in June as Inflation Shows Sign of Cooling
April CPI rose annual 4.9%, first print below 5% in two years. Markets are still looking for Fed to cut rates later this year
April CPI rose annual 4.9%, first print below 5% in two years. Markets are still looking for Fed to cut rates later this year
09:59 AM - May 11, 2023
Workers Are Happier Than They’ve Been in Decades. Job satisfaction hit a 36-year high in 2022, reflecting two effects of the tight pandemic labor market: The quality of jobs improved as wages and work flexibility increased, and workers moved into positions that were a better fit.
09:58 AM - May 11, 2023
The Senate Judiciary Committee this week sent a letter to Harlan Crow to declare all his 450+ contributions to Justices. Not a single Republican on the committee signed the letter. Guess what! All 9 of the Republicans received money from Crow themselves.
09:39 AM - May 11, 2023
Trump's CNN Town Hall "was a triggering flashback to the bad old days of Trump’s presidency, a frustrating preview of what we can likely expect over the next 18 months, and a conclusive repudiation of CNN CEO Chris Licht’s plan to restore the network’s fortunes by tacking to the imagined middle"
09:37 AM - May 11, 2023
Another good reason to migrate from Twitter. Stats show it's being overrun by MAGAts.
05:16 PM - May 10, 2023
I need your opinion. When I turned this article in, my headline was "America Is Ziplining Into Godzilla's Mouth". My editors believe their headline, "With U.S. Debt Ceiling Battle Looming, This ETF Could Soar"
has more impact. Which headline would make you more likely to click through?
has more impact. Which headline would make you more likely to click through?
10:06 AM - May 03, 2023
The important part: "The 320-page “Limit, Save, Grow Act” unleashed by House Republicans has almost no chance of becoming law" So, debt ceiling crisis dead ahead. https://apnews.com/article...
apnews.com
Speaker McCarthy unveils $1.5T debt bill, pushes toward vote | AP News
House Speaker Kevin McCarthy has unveiled a sweeping package that would raise the nation’s debt limit by $1.5 trillion into next year. The Republican leader announced the bill Wednesday just as President Joe Biden was preparing to deliver a speech in Maryland. The 320-page package imposes a long lis..
09:37 AM - Apr 20, 2023
Attention car shoppers: New cars are selling below sticker price for the first time in 20 months, per Kelley Blue Book.
As of March, U.S. car dealerships had ~1.89 million new vehicles in their inventories, approaching levels seen before the COVID-19 pandemic. https://rb.gy/t9i3f
As of March, U.S. car dealerships had ~1.89 million new vehicles in their inventories, approaching levels seen before the COVID-19 pandemic. https://rb.gy/t9i3f
09:23 AM - Apr 20, 2023
The U.S. Treasury said Monday that Volkswagen, BMW, Nissan ( NSANF ), Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. #Economy #EVs https://www.fidelity.com/n...
10:35 AM - Apr 17, 2023
What a great poem. https://haikushack.substac...
haikushack.substack.com
Poetry: "Loving You" - Cendrine Marrouat - Artist
I wrote Loving You more than a decade ago. At the time, I was into spoken word poetry and had released my own CD… LOVING YOU Loving you is easy. Your heart beats like The midnight breeze, Caressing the strings of my essence. Thanks for reading Cendrine Marrouat - Artist! Subscribe for free to receiv..
10:17 AM - Apr 17, 2023
I'm very much looking forward to next week's Las Vegas MoneyShow. My presentation on precious metals will have lots of hot picks and I get another, longer session where I'll talk about megatrends and stocks that will ride them. #GOLD #Silver https://t.co/o6CZdX3GlW
10:06 AM - Apr 17, 2023
When you lie on your resume and still get the job.
10:01 AM - Apr 17, 2023
@cbouzy wants engagement with NPR, so please click on the NPR story here and echo.
Rupbert Mudoch is executive chairman of Fox News, something his attorneys didn't tell the Judge until yesterday. Judge is NOT happy. Murdoch is an officer of Fox News and is Fox Corp. Wooweee! This is gonna be good
Rupbert Mudoch is executive chairman of Fox News, something his attorneys didn't tell the Judge until yesterday. Judge is NOT happy. Murdoch is an officer of Fox News and is Fox Corp. Wooweee! This is gonna be good
10:56 PM - Apr 12, 2023
This spout was removed because the account associated with it was suspended.
12:51 AM - Apr 17, 2023
We had the most extraordinary sunrise in Miami Beach today. Kinda took my breath away…so thought I’d share. Hope everyone has a wonderful day.
07:20 AM - Apr 17, 2023
I wish more of our Reps had AOC's fire in the belly.
![]()
CALL TO ACTIVISM @CalltoactivismBOOM! AOC destroyed Kevin McCarthy for suggesting the Biden administration has failed to secure classified information.
“You literally leaked a trove of sensitive security footage from January 6th, which includes details of interior layouts and secure locations,”
“Maybe sit this one out!”10:48 PM - Apr 15, 2023![Picture]()
09:44 AM - Apr 17, 2023
This spout was removed because the account associated with it was suspended.
08:33 PM - Apr 14, 2023
From GasBuddyGuy on Twitter: "According to GasBuddy data, weekly (Sun-Sat) US gasoline demand rose 1.4% from the prior week and was 0.5% above the four week moving average. We model consumption at 8.71 million barrels per day.. My take: This is not what you see in a slowing economy. #economics
09:17 AM - Apr 17, 2023
"Supreme Court Justice Clarence Thomas has been claiming thousands of dollars annually from a shuttered real estate firm" https://www.cnbc.com/2023/...
09:13 AM - Apr 17, 2023
Supreme Court temporarily blocks abortion pill restrictions #Politics https://www.cnbc.com/2023/...
08:56 AM - Apr 17, 2023
Earlier, I posted a chart showing that most S&P 500 stocks were below their 50-day moving averages. But let's look shorter term. More than 93% of all S&P 500 stocks were recently above their 10-day MA. When it's happened before, the S&P 500 was higher a year later 23 of 24 times and up 18.4% on avg.
08:46 AM - Apr 17, 2023
From CNBC's Carl Quintanilla: ".. 30 companies have reported; 90% so far beat on EPS, the highest post-Week 1 surprise statistic back to at least 2012."
- B of A, on earnings season
My take: This earnings season is supposed to be dismal. That may mean expectations are very low, and so easy to beat
- B of A, on earnings season
My take: This earnings season is supposed to be dismal. That may mean expectations are very low, and so easy to beat
08:42 AM - Apr 17, 2023
Ladies and gentlemen, the next leg of the #Commodity bull market has barely begun.
08:35 AM - Apr 17, 2023
The S&P 500 strikes me as wishy-washy lately, but here's something that might be bearish: the S&P 500 is currently higher than where it was in November. HOWEVER, back then, >90% of members were above their 50-day moving average. Now, just 55% are above their 50-day moving average. The 50-day is the
08:30 AM - Apr 17, 2023
If you're looking to rent, Redfin offers some good news. Median U.S. asking rent -0.5% year/year in March (to $1,937), which was first annual decline since March 2020 … by comparison, rents were +17.5% year/year in March 2022. Still getting squeezed, but at least it stopped getting worse. #Economy
08:26 AM - Apr 17, 2023
