Don’t Let Month-To-Month Data Distract From Recession Signal
Don’t Let Month-To-Month Data Distract From Recession Signal Authored by Simon White, Bloomberg macro strategist, The trends in retail sales, Fed regional surveys and claims are recessionary, adding to the case that after a pause the next move from the Fed will be a cut, rather than another hike. Monthly or weekly data are fine if […]
Watch: RFK Jr. Says He Must “Be Careful” The CIA Doesn’t Assassinate Him
Watch: RFK Jr. Says He Must “Be Careful” The CIA Doesn’t Assassinate Him Authored by Steve Watson via Summit News, During a discussion with Joe Rogan, Presidential candidate Robert F. Kennedy junior admitted that he is putting his life in danger by speaking out about the assassinations of his uncle and his father, and that […]
$500 Million Russian Superyacht Reappears After Months In The Dark
$500 Million Russian Superyacht Reappears After Months In The Dark Russian tycoon Alexey Mordashov’s half-billion-dollar superyacht began transmitting its location last weekend after going dark for eight months to escape capture by Western authorities. Mordashov is one of Russia’s wealthiest men and the largest shareholder of Severstal PAO, one of the world’s biggest steelmakers. He […]
Drug And Food Shortages Are Here, And They Will Get A Lot Worse…
Drug And Food Shortages Are Here, And They Will Get A Lot Worse… Authored by Michael Snyder via End of the American Dream, A lot of the experts didn’t think that this would happen. Once the pandemic subsided, global supply chains were supposed to return to normal. But now “hundreds of drugs” are in short […]
Restart Of Student Loan Payments To Slash Household Spending By $15.8 Billion Every Month
Restart Of Student Loan Payments To Slash Household Spending By $15.8 Billion Every Month Two weeks ago, in “The Great Student Loan Nonpayment Boondoggle Is Over And Household Spending Is About To Collapse“, we showed how the three year-long payment forbearance had artificially boosted disposable incomes by tens of billions. And, more importantly, with repayment […]
Regional Banks Scramble To Unload Commercial Real Estate Loans, Fearing New Crisis
Regional Banks Scramble To Unload Commercial Real Estate Loans, Fearing New Crisis Authored by Kevin Stocklin via The Epoch Times (emphasis ours), The work-from-home trend has been taking its toll on office landlords and is now making its way through to banks’ commercial loan portfolios, leading some analysts to predict that more trauma could be […]
Top Canadian Pension Fund Warns About CRE ‘Bloodbath’ In Office Buildings
Top Canadian Pension Fund Warns About CRE ‘Bloodbath’ In Office Buildings At this point, we’ve made it clear to our readers that the next domino to fall would be commercial real estate, specifically the office space market. The latest warning is from the head of Canada’s largest institutional investors. “There’s going to be a bloodbath […]