Yikes #2

by | Nov 7, 2023 | Banking and Finance, consumer spending and sentiment

Switzerland, fresh off a $185 billion bank bailout, is now considering restricting bank withdrawals to lock depositors in next time. The Fed is not far behind, promoting “friction tech” that would lock us in. Because they’re making banks not only too big to fail,...

Says volumes moving forward on the ever changing economic conditions that seem to be cloaked in government stats always being adjusted AFTER THE FACT leading to misleading conclusions and trends.

by | Nov 7, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

Retail hiring for the holiday season in the United States was just 135,000 workers this year. This is the lowest number since 2018 and nearly 100,000 less jobs than the 2020 holiday season. Small signs of weakness in the labor market continue to emerge. Furthermore,...