Tankers and cargo ships are currently jammed in front of the European ports of Rotterdam and Antwerp, as shown in this infographic based on a snapshot from FleetMon, an online tracking portal for ships. Further north off the mouth of the Elbe, a number…
The first shoe has dropped. Now we wait for the other. Will it be a long wait?
Maybe not. There’s a current 5 day cycle projection of 3980-4000 on the hourly chart of the ES, S&P 500 continuous 24 hour fugutures.
That’s not far from whe…
Crypto has no intrinsic value… .no stream of free cash flows stretching into the distant future to pay dividends etc. But as it has a…
Remember how red-hot the used car market was a year ago? Yeah, me too. The entire space has been laid waste. Take a look at Shift Technologies (SHFT) which proclaims itself to be “transforming the used car industry“. OK, boys. Whatever.
Margaret Atwood and her publisher, Random House, are auctioning off a fireproof version of their best-selling book, The Handmaid’s Tale, in protest against the increasing censorship of books in the U.S.Published in 1985, the dystopian novel depicts an …
The global economy was on course for recovery before the war in Ukraine – but this is now being severely impacted by Russian aggression and topped off by disruptions in global supply chains. As this infographic based on the latest OECD Economic Outlook…
Anyone who purports to know the direction of the short term breakout, You’re a better man than I am Gunga Din.
Meanwhile, no such indecision in the money market, where T-bill rates show the Fed where the market actually is so that the Fed can use …
In addition to the humanitarian catastrophe, the war in Ukraine has also triggered an inflation crisis that is affecting people all over the world. As this infographic based on the latest OECD Economic Outlook shows, the impact of rising consumer price…
Yesterday’s entry is still doing SPACtacular…………
If there was only one causal factor nudging the economy into recession, it might be a mild, brief recession. But with all five conditions in confluence, this recession will be unlike any other.
Recessions reliably arise from the confluence of these conditions. Note that any one condition can trigger a recession, but no one condition guarantees a recession. Severe, long-lasting recessions occur when multiple conditions arise at the same time.