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April 2024 has been a horrible month for the stock market. This Friday I will be doing a live stream and explaining what is happening. I will be discussing some leading economic indicators that no one else has been talking about that suggest trouble for the economy ahead.VIDEO

Funky cold Joe Biden is his reaction to inflation caused by his outragous spending. His legion of sycophants are now saying inflation is a good thing or don’t notice it. But Biden will never stop spending . Coming into today’s CPI number, which followed three previous red-hot inflation prints, we said that it’s time for a “miss” (the first of 2024) not because the data demands it – on the contrary, prices continue to rise at a frightening pace – but because a dovish CPI print today would be the last opportunity for the Fed to set a timetable for...

KEY POINTS * The consumer price index, a key inflation gage, rose 3.5% in March, higher than expectations and marking an acceleration for inflation. * Shelter and energy costs drove the increase on the all-items index. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago. * Following the report, traders pushed the first expected rate cut out to September, according to CME Group calculations. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The consumer price index accelerated at a faster than expected pace in March, pushing inflation higher and likely dashing...

U.S. inflation pressures quickened again last month, with core price pressures also rising past Wall Street forecasts, a reading that will cast further doubt on market bets for a June interest rate cut from the Federal Reserve. The headline consumer price index for March was pegged by the Commerce Department at 3.5%, rising from the prior month's tally of 3.2% and coming in ahead of Wall Street's 3.4% consensus forecast. On a monthly basis, inflation edged 0.4% higher, matching the 0.4% gain in February but also coming in ahead of Wall Street's 0.3% forecast. So-called core inflation, which strips out...

The Biden administration’s strategy of politicizing the justice system to knock former President Donald Trump out of the 2024 presidential race has repeatedly hit roadblocks, so an MSNBC panel on Tuesday called on the Securities and Exchange Commission (SEC) to wage its own lawfare campaign against Trump for having a successful trading day.Trump’s “Truth Social” app went public on March 25, with the company’s valuation reaching $13 billion, according to the Financial Times. The stock lost $4 billion in value by Tuesday, according to CBS News.Still, MSNBC seemingly had a meltdown that the current lawfare campaign against Trump has yet...

Stock have notched a string of record highs this year, driven by a tech frenzy and high federal spending that have blotted out all else, Bill Gross wrote in his latest investment outlook.It's these factors that have spurred the S&P 500 up over 20% since mid-2022, even as interest rates tightened aggressively in the same timeframe, sending Treasury yields higher.And the trend isn't going away anytime soon, he asserted: "Buckle up for excessive exuberance."Typically, bond yields will decline ahead of stock euphoria. For instance, the Nasdaq 100 increased twelvefold after the 10-year real rate fell from 2% to negative 1%...

The stock market continued its record-setting rally Thursday with the Dow Jones Industrial Average notably flirting with 40,000 as technology shares made major gains. The Dow closed with a gain of nearly 270 points, or 0.7 percent, putting it within striking distance of the major milestone at 39,781 points. The S&P 500 and Nasdaq composite jumped 0.4 percent and 0.4 percent, respectively, on the day. The microchip sector led the charge, buoying the Dow despite a slump in Apple stock after the Justice Department sued the smartphone giant, alleging the company has hurt competition and consumers, developers and small businesses.

The Black Swan event is likely to occur before the 2024 election, especially if it becomes obvious that Trump will win despite the Left's every effort to cheat him a second time. SO let's have some fun with it! Might as well laugh at the Grim Reaper! I have a prediction: Taiwan is invaded or blockaded by China. China activates 100's of sleeper cells, who interfere with or destroy much of America's infrastructure. Electrical power is shut down nationwide. Then, Biden's helicopter is shot down by a lucky shot. It will be done with a Ghost Gun AR-15 with a...

Former Texas Representative Ron Paul recently told Tucker Carlson that the public must prepare for an unprecedented “Black Swan” event this year. While discussing current political events on the Tucker Carlson Show, Paul reminded the former Fox News host how he predicted the conflict in Ukraine in 2014. However, Paul said something much bigger is coming, a significant event that would catch the world off guard and plunge society in chaos. “I think we’re reaching this point where some sudden thing is going to happen,” Paul began.

Bitcoin surpasses silver to become the 8th largest asset in the world. https://twitter.com/WatcherGuru/status/1767141335910257021 Here is a link of 18,000 Assets ranked by Market Caphttps://www.8marketcap.com/

<p>The twin peaks for the cryptocurrency and the precious metal mark the first simultaneous records for the two since Bitcoin emerged from the shadows more than a decade ago. Yet markedly different drivers are typically thought to move each asset — gold has acted as a haven store of value for millennia, while any Bitcoin role beyond pure speculation is hotly contested.</p>

If you want to determine what people believe, don’t listen to what they say. Rather, closely watch what they actually do. In recent days, the stock market has been hovering near all-time record highs and business leaders have been assuring us that good days are ahead. But meanwhile many of our most famous billionaires have been doing things that indicate that they are extremely concerned about what is coming in the future. For example, during the first two months of this year Jeff Bezos, Jamie Dimon and Mark Zuckerberg “have all sold big chunks of shares in their own companies”…...

Confidence! It’s what consumers DON’T have under Bidenomics. For the fourth straight month, The Conference Board revised its consumer confidence data significantly lower. In fact January’s was the biggest downward revision since Feb 2022. And Conference Board Consumer Confidence was DOWN to -3.90 in January, the worst since Feb 2022. It really isn’t surprising the consumer confidence stinks. Food prices (CPI) are UP 21% under Vacation Joe Biden. Diesel fuel prices are UP 90% under Listless Joe. Well, Biden’s appearance on (unfunny) Seth Myer’s Late Night Show certainly didn’t make me feel more confident about America’s future.

Feb. 22 (UPI) -- Japan's Nikkei stock index hit a record-breaking all-time high of 39,098.68 at the close of trading Thursday. The index closed the day up 836.52 points, or 2.19%, propelling it to the mark that broke a record set in December 1989. Thursday's surge was driven by semiconductor stocks, led by America's Nvidia Corp. Nvidia sales were up well above market expectations, with a 3.7-fold sales increase and $12.3 billion in net profits, an 8.7-fold increase. "Nvidia was able to surpass the high expectations placed on it, with the results clearly demonstrating the growing need for artificial intelligence,"...

UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and contractor positions will make up most of the layoffs. The job cuts come as UPS issued a disappointing sales outlook for this year, saying it expects global revenue of between $92 billion to $94.5 billion. That would be up from the $91 billion in revenue it reported for 2023, but analysts surveyed by Refinitiv had been expecting revenue of at least $95.6 billion.

United Parcel Service said Tuesday that it plans to cut about 12,000 jobs this year, a move that the package-delivery giant said would result in $1 billion in savings. Most of the cuts will be to full-time and part-time management positions and contract workers, and executives said they don’t expect these jobs to return when parcel volumes return. UPS has around 85,000 workers in management. [Snip] The job cuts were unveiled after the company said its revenue declined in the last quarter of 2023 as volumes in both its domestic and international businesses dropped.

The mainstream media is reporting "This record-breaking market just keeps going higher and higher. Here’s why" https://www.cnbc.com/2024/01/19/this-record-breaking-market-just-keeps-going-higher-and-higher-heres-why.html A panel discussion on MSNBC was discussion why Biden isn't getting the credit for the great economy, with inflation coming down and the stock market making new highs. The reason is that the stock market is actually about 9% lower than it was in December 2021 when adjusted for inflation. According to the Bureau of Labor Statistics inflation calculator, a December 2021 dollar is worth 91 cents today. https://www.bls.gov/data/inflation_calculator.htm And what goes for the stock market also goes for wages, Social Security payments,...

The S&P 500 index closed Friday at a record high, fueled by surging tech stocks and bets that the Federal Reserve will cut interest rates this year. The benchmark index closed at 4,839.81, besting its previous high of 4,796.56, reached on January 3, 2022. Earlier in the trading session, the S&P 500 reached an intraday high of 4,832.17, topping its previous intraday high of 4,818.62, reached more than two years ago, on January 4, 2022. Tech stocks led the trading session’s gains, with the S&P 500’s information technology sector gaining 2.4% on Friday. Shares of AI darlings soared. Nvidia shares...

A year ago, Wall Street's forecast painted a bleak picture, foreseeing a prolonged bear market into 2023, with an average price target of -2.4%. Concerns loomed large over high inflation and anticipated tightening monetary policies that could trigger a recession that year. It marked the first time since 1999 that Wall Street had predicted a downturn for stocks. However, the consensus proved remarkably wide of the mark, as the US economy exhibited exceptional resilience. The S&P 500 defied expectations, closing the year with a surge of 26.3% at 4,769, significantly surpassing Deutsche Bank's most optimistic target of 4,500. Looking ahead,...

It is a true shame that the WSJ contributes so much to the economic illiteracy plaguing the media and the American people.This article, by Sam Goldfarb at The Wall Street Journal, talks about stock market investors and their “hope” that 2024 is a “return to long-lost normalcy.” Yet Goldfarb says investors can’t hope for a repeat of the 24% gain in 2023, which essentially “erased” the 2022 losses—but this is completely misleading. If you lose 24% in one year, you have to make a much higher return in the following year to make up for that loss.For example: In 2022,...