Sifting Through Noise
Current Insight
The messy world seems to just get messier and messier.
We measure new information (within the context of knowledge about monetary history, Fourth Turnings, fiat regimes and the like) in order to construct our macro view and subsequently position portfolios. While it is no easy task these days to sift through government propaganda (made legal in the USA), market noise, Wall Street deception, and the impact of the 'whack-a-mole' monetary bail-outs the Fed and Treasury constantly implement (by necessity due to their own distortions), the topics of many articles are quite relevant and can impact portfolios.
Greed continues to drive a narrow segment of the markets in the AI frenzy, boosting headline performance but obscuring more accurate results of the rest of the companies. Real economic struggles of the masses are obscured in tandem.
A market is always a sum of all participants however, including the frenzied. Below find a stream of articles we believe are relevant:
Extinction of Cash Around the World - Visual Capitalist
US Pending Home Sales Plunge to New Low - ZeroHedge
Credit Card Losses Top 40% at Some Banks - Bloomberg
Americans' Pandemic Savings are Gone - Bloomberg
Japan Banking Giant to Liquidate Treasuries - Zerohedge
Fed Bail Out of Japanese Bank Not Enough - Nikkei Asia
Retail Sales Begin to Buckle - Bloomberg
Why Consumer Sentiment is Falling - Daniel Lacalle
This is Where Bear Markets Start From - John Hussman
Industrial Production Surprises to Strength - Trading Economics
Inflation Pain Persists Despite Propaganda - Epoch Times via ZH
Jim Grant: Rates Will Go Higher (Maybe) - Lance Roberts
Top Tech Trio Surges as Europe & Rest of Market Burns - Zerohedge
Tech Stocks Warn - Kings World News
Pinned: Oh Say Can You See - Howard Kunstler
Bio: Howard Kunstler
Era of Informed Consent is Over - Zerohedge
From Enlightenment to Ignorance - Embracing Stupidity - American Greatness
Our Deflationary Future - Charles Hugh Smith
Capitalism Has Failed - International Man
How the Federal Reserve Created an American Caste System - Epoch Times
Manufacturing PMIs Mixed Growth but Prices Soaring - Zerohege
Gross Domestic Income shows America in Stagflation - Daniel Lacalle
Housing Inflation 4x "Official" Metrics - FXhedge
Investigation into Key Bridge & Econ Impact Outlook - Zerohedge
Bank of Japan May Unwind Stocks-Favorable' Carry-Trade' - Zerohedge
QE by Another Name is Still QE - RealInvestmentAdvice
Fed Maintains 3 Rate Cuts in 2024 - Marketwatch
Junk Bond Defaults Surge - Shiff Gold
Massive Food Inflation & Metals Miners Unchained - King World News
S&P Pushed to 5,000, Bonds Sold / Rates Rise - Zerohedge
Chip (Lever) Stocks on a Tear - CNBC
Mortgages Head Higher - Boston Globe
Creditors 'not worried' about Regional Banks - Marketwatch
US Debt Bomb a Threat - Fortune / Paul Tudor Jones
Everything Bubble, Gold, Debt & BRICS - King World News
World Gold Council - Banks Buy Gold - Schiff Gold
Consumer: Freight Woes Grow - Freightwaves
Consumer: American Eagle Cools Forecast
Housing: 401k Hardship Withdrawals Surge for Rent/Mortgages - Zerohedge
Housing: Existing Home Sales Woes - CNBC
Consumer: Best Buy Cools Forecast - CNBC
Consumer: Real Purchase Power Eroded 25% Since 2020 - Truflation.com
Real Assets: Dutch Central Bank Accumulates Gold - Gainseville Coins
Real Assets: All the Metals We Mine in One Visual - Zerohedge
Geopolitics: Argentina Election Goes Anti-Woke - Zerohedge
Fourth Turning - A Lesson from 1914 - Graham's Benjamins
Consumer Pressure: Student Loan Repayments Begin - Schiff Gold
Convid: Big Pharma Gravy Train Derailed - Zerohedge
Convid: Cardiac Events Spike - Epoch Times
CBDCs: Ultimate Tool of Oppression - Brownstone Institute
Economy: Banks Laying Off Thousands - Michael Snyder
Dollar Alternative: China Digital Currency Used for Oil Trade - Zerohedge
Dollar Alternative: India Rejects Paying for Oil in Yuan (for now) - Oilprice.com
Consumer Pressure: Healthcare Costs are Crushing - Mike Shedlock
Consumer Pressure: Credit Card Rates Near 29% - Zerohedge
Consumer Pressure: Oil Demand Jacks Prices - Oilprice.com
“Beating Estimates” – How Companies Win In Earnings Season - Real Investment Advice
MF Raises Global GDP Outlook, Warns "Not Out Of The Woods" As Inflation Proves Sticky - ZeroHedge
Conference Board Confidence Soars To 2-Year Highs, Inflation-Expectations Plunge - ZeroHedge
America has avoided a recession. But don’t thank the Fed—thank the corporate sector, says top strategist - Yahoo Finance
Putin Signs Law On Introduction Of Digital Ruble In Russia - ZeroHedge
Weekly Initial Unemployment Claims Decrease to 228,000 - Calculated Risk
World's Largest Chipmaker Slashes Guidance As AI Boom Fails To Deliver - ZeroHedge
New York Federal Reserve Reports Surge in Credit Application Rejections - The Epoch Times
A Catastrophic Debt Implosion Can Be Incredibly Quick- Gold Switzerland
Visualized: The U.S. $20 Trillion Economy by State - Visual Capitalist
Homeowners Don’t Want to Sell, So the Market for Brand-New Homes Is Booming - Wall Street Journal
NAR: Existing-Home Sales Decreased to 4.16 million SAAR in June - Calculated Risk
We measure new information (within the context of knowledge about monetary history, Fourth Turnings, fiat regimes and the like) in order to construct our macro view and subsequently position portfolios. While it is no easy task these days to sift through government propaganda (made legal in the USA), market noise, Wall Street deception, and the impact of the 'whack-a-mole' monetary bail-outs the Fed and Treasury constantly implement (by necessity due to their own distortions), the topics of many articles are quite relevant and can impact portfolios.
Greed continues to drive a narrow segment of the markets in the AI frenzy, boosting headline performance but obscuring more accurate results of the rest of the companies. Real economic struggles of the masses are obscured in tandem.
A market is always a sum of all participants however, including the frenzied. Below find a stream of articles we believe are relevant:
Extinction of Cash Around the World - Visual Capitalist
US Pending Home Sales Plunge to New Low - ZeroHedge
Credit Card Losses Top 40% at Some Banks - Bloomberg
Americans' Pandemic Savings are Gone - Bloomberg
Japan Banking Giant to Liquidate Treasuries - Zerohedge
Fed Bail Out of Japanese Bank Not Enough - Nikkei Asia
Retail Sales Begin to Buckle - Bloomberg
Why Consumer Sentiment is Falling - Daniel Lacalle
This is Where Bear Markets Start From - John Hussman
Industrial Production Surprises to Strength - Trading Economics
Inflation Pain Persists Despite Propaganda - Epoch Times via ZH
Jim Grant: Rates Will Go Higher (Maybe) - Lance Roberts
Top Tech Trio Surges as Europe & Rest of Market Burns - Zerohedge
Tech Stocks Warn - Kings World News
Pinned: Oh Say Can You See - Howard Kunstler
Bio: Howard Kunstler
Era of Informed Consent is Over - Zerohedge
From Enlightenment to Ignorance - Embracing Stupidity - American Greatness
Our Deflationary Future - Charles Hugh Smith
Capitalism Has Failed - International Man
How the Federal Reserve Created an American Caste System - Epoch Times
Manufacturing PMIs Mixed Growth but Prices Soaring - Zerohege
Gross Domestic Income shows America in Stagflation - Daniel Lacalle
Housing Inflation 4x "Official" Metrics - FXhedge
Investigation into Key Bridge & Econ Impact Outlook - Zerohedge
Bank of Japan May Unwind Stocks-Favorable' Carry-Trade' - Zerohedge
QE by Another Name is Still QE - RealInvestmentAdvice
Fed Maintains 3 Rate Cuts in 2024 - Marketwatch
Junk Bond Defaults Surge - Shiff Gold
Massive Food Inflation & Metals Miners Unchained - King World News
S&P Pushed to 5,000, Bonds Sold / Rates Rise - Zerohedge
Chip (Lever) Stocks on a Tear - CNBC
Mortgages Head Higher - Boston Globe
Creditors 'not worried' about Regional Banks - Marketwatch
US Debt Bomb a Threat - Fortune / Paul Tudor Jones
Everything Bubble, Gold, Debt & BRICS - King World News
World Gold Council - Banks Buy Gold - Schiff Gold
Consumer: Freight Woes Grow - Freightwaves
Consumer: American Eagle Cools Forecast
Housing: 401k Hardship Withdrawals Surge for Rent/Mortgages - Zerohedge
Housing: Existing Home Sales Woes - CNBC
Consumer: Best Buy Cools Forecast - CNBC
Consumer: Real Purchase Power Eroded 25% Since 2020 - Truflation.com
Real Assets: Dutch Central Bank Accumulates Gold - Gainseville Coins
Real Assets: All the Metals We Mine in One Visual - Zerohedge
Geopolitics: Argentina Election Goes Anti-Woke - Zerohedge
Fourth Turning - A Lesson from 1914 - Graham's Benjamins
Consumer Pressure: Student Loan Repayments Begin - Schiff Gold
Convid: Big Pharma Gravy Train Derailed - Zerohedge
Convid: Cardiac Events Spike - Epoch Times
CBDCs: Ultimate Tool of Oppression - Brownstone Institute
Economy: Banks Laying Off Thousands - Michael Snyder
Dollar Alternative: China Digital Currency Used for Oil Trade - Zerohedge
Dollar Alternative: India Rejects Paying for Oil in Yuan (for now) - Oilprice.com
Consumer Pressure: Healthcare Costs are Crushing - Mike Shedlock
Consumer Pressure: Credit Card Rates Near 29% - Zerohedge
Consumer Pressure: Oil Demand Jacks Prices - Oilprice.com
“Beating Estimates” – How Companies Win In Earnings Season - Real Investment Advice
MF Raises Global GDP Outlook, Warns "Not Out Of The Woods" As Inflation Proves Sticky - ZeroHedge
Conference Board Confidence Soars To 2-Year Highs, Inflation-Expectations Plunge - ZeroHedge
America has avoided a recession. But don’t thank the Fed—thank the corporate sector, says top strategist - Yahoo Finance
Putin Signs Law On Introduction Of Digital Ruble In Russia - ZeroHedge
Weekly Initial Unemployment Claims Decrease to 228,000 - Calculated Risk
World's Largest Chipmaker Slashes Guidance As AI Boom Fails To Deliver - ZeroHedge
New York Federal Reserve Reports Surge in Credit Application Rejections - The Epoch Times
A Catastrophic Debt Implosion Can Be Incredibly Quick- Gold Switzerland
Visualized: The U.S. $20 Trillion Economy by State - Visual Capitalist
Homeowners Don’t Want to Sell, So the Market for Brand-New Homes Is Booming - Wall Street Journal
NAR: Existing-Home Sales Decreased to 4.16 million SAAR in June - Calculated Risk