Neueste Heute 03.05.2024 02.05.2024
"A Lack Of Job Security": White-Collar Job Growth Stalls Hard
30.04.2024, 23:20 Uhr. ZeroHedge News - https: - "A Lack Of Job Security": White-Collar Job Growth Stalls Hard While hiring rates for those in the bottom-third of US income distribution has been on a tear (and largely going to part time workers, most of whom are illegal immigrants), white collar jobs hiring is stalling out across much of the US, with industries such as finance, technology, media,...
Bidenomics - Inflation Persists And Jobs Decay: Gingrich
18.04.2024, 03:41 Uhr. ZeroHedge News - https: - Bidenomics - Inflation Persists And Jobs Decay: Gingrich Authored by Newt Gingrich via The Epoch Times (emphasis ours), Last week brought bad news for the American people and President Joe Biden. Inflation persists and jobs are decaying. President Joe Biden speaks about Bidenomics at CS Wind, in Pueblo, Colo., on Nov. 29, 2023. (Michael Ciaglo/Getty...
Beige Book Reveals Economy In Far Worse Shape Than White House Claims
17.04.2024, 21:24 Uhr. ZeroHedge News - https: - Beige Book Reveals Economy In Far Worse Shape Than White House Claims There was something odd about the latest Beige book (which was prepared based on information collected on or before April 8, 2024, so before the latest CPI print): if accurate, it would suggest that the rosy economic picture painted by the White House is woefully incorrect, whether...
Massive Financial Strain – New Report Exposes Horrifying Situation
15.04.2024, 19:20 Uhr. ZeroHedge News - https: - Massive Financial Strain – New Report Exposes Horrifying Situation Authored by Peter Reagan for Birch Gold Group, One idea has become abundantly clear over the last four years: You can’t add 41% to the money supply and expect inflation to remain “transitory.” But that’s exactly what the Fed did over two years, after which President Biden...
Let’s Be Honest: The Economy Is NOT Doing Well
13.04.2024, 16:32 Uhr. ZeroHedge News - https: - Let’s Be Honest: The Economy Is NOT Doing Well Authored by Connor O'Keeffe via The Epoch Times (emphasis ours), The American economy is not all right. But to see why, you need to look beyond the dramatic numbers we keep seeing in the headlines and establishment talking points. Money in a file illustration photograph. (Thomas White/Reuters) Take, for...
The Case For Owning Treasuries Is Evaporating
11.04.2024, 15:16 Uhr. ZeroHedge News - https: - The Case For Owning Treasuries Is Evaporating Authored by Simon White, Bloomberg macro strategist, Contrarians will love this column as it will show there is still no smoking gun for a recession in the US. They might see that as proof then that one must be imminent and yields are going much lower. But contrarianism for its own sake is rarely a good...
Peter Schiff: Gold Rises, Even With Bad News
09.04.2024, 15:48 Uhr. ZeroHedge News - https: - Peter Schiff: Gold Rises, Even With Bad News Via SchiffGold.com, This week Peter recaps another stellar week for precious metal. He also discusses Friday’s jobs report, commodity prices, and Bitcoin. Peter starts by putting this week’s surge into context: “There’s an old Wall Street saying: ‘nobody rings a bell,’ meaning that nobody warns...
Key Events This Week: CPI, FOMC Minutes, Q1 Earnings Kick Off And Fed Speakers Galore
08.04.2024, 15:27 Uhr. ZeroHedge News - https: - Key Events This Week: CPI, FOMC Minutes, Q1 Earnings Kick Off And Fed Speakers Galore As DB's Henry Allen writes, markets had a rough start to Q2 last week, with the S&P 500 (-0.95%) posting its worst weekly performance in 3 months, whilst the US 30yr yield (+21.0bps) saw its biggest weekly rise since October, with yields extending gains again this...
People Are Not Inflation Idiots
07.04.2024, 18:50 Uhr. ZeroHedge News - https: - People Are Not Inflation Idiots Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), (BearFotos/Shutterstock) Commentary There’s something about employed intellectuals. When they are trashing popular wisdom and perceptions of regular people, they are truly in their element. They love nothing better. It’s a way for them to show off...
Behind Today's Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals)
05.04.2024, 18:05 Uhr. ZeroHedge News - https: - Behind Today's Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals) First things first: unlike the last two months when both the January and February jobs prints were beyond ridiculously manipulated and goalseeked to pass a terrible number as a strong one, the March print was not a complete disaster. To be sure, superficially the March...
$1 Billion In Tax Refunds Remain Unclaimed As May 17 Filing Deadline Approaches
29.03.2024, 21:06 Uhr. ZeroHedge News - https: - $1 Billion In Tax Refunds Remain Unclaimed As May 17 Filing Deadline Approaches Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The IRS building in Washington on Oct. 16, 2023. (Madalina Vasiliu/The Epoch Times) The IRS is reminding taxpayers who have not filed their 2020 returns to do so quickly or risk losing out on unclaimed refunds...
Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000
28.03.2024, 20:46 Uhr. ZeroHedge News - https: - Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 The first red flags emerged in the summer of 2022: that's when the Biden Labor Department started well and truly rigging the labor market data. Regular readers may recall that it was back in July of 2022, when we first warned them that something had snapped in the labor market: that's...
A House Of Cards On Stilts
20.03.2024, 15:01 Uhr. ZeroHedge News - https: - A House Of Cards On Stilts Authored by James Rickards via DailyReckoning.com, What’s driving the current stock market frenzy? Is it a new bubble pure and simple? Is it driven by fundamentals? Does the Fed play an important role? Let’s look at these factors and make a forecast of stock market index levels based on these and other inputs. Trends in...
The BOJ "Has Made Up Its Mind To Hike Rates" After Union Wage Negotations Lead To Surge In Pay
13.03.2024, 15:49 Uhr. ZeroHedge News - https: - The BOJ "Has Made Up Its Mind To Hike Rates" After Union Wage Negotations Lead To Surge In Pay After a decade of NIRP and unlimited bond buying to keep the Japanese bond market - and economy - from disintegrating, the BOJ may have no choice but to hike rates as soon as next week. The reason: inflation in "deflationary" Japan is now not only on par with...
Economic Earthquake Ahead? The Cracks Are Spreading Fast
08.03.2024, 23:01 Uhr. ZeroHedge News - https: - Economic Earthquake Ahead? The Cracks Are Spreading Fast Authored by Brandon Smith via Alt-Market.us, One of my favorite false narratives floating around corporate media platforms has been the argument that the American people “just don’t seem to understand how good the economy really is right now.” If only they would look at the stats, they would...
Inside The Most Ridiculous Jobs Report In Recent History: Record 1.2 Million Immigrant Jobs Added In One Month
08.03.2024, 19:31 Uhr. ZeroHedge News - https: - Inside The Most Ridiculous Jobs Report In Recent History: Record 1.2 Million Immigrant Jobs Added In One Month Last month we though that the January jobs report was the "most ridiculous in recent history" but, boy, were we wrong because this morning the Biden department of goalseeked propaganda (aka BLS) published the February jobs report, and holy...
A Disturbingly Weak Report...
08.03.2024, 15:27 Uhr. ZeroHedge News - https: - A Disturbingly Weak Report... Authored by Peter Tchir via Academy Securities, As Non-Farm Payroll hit the tape, the report initially looked strong, adding 275,000 jobs! But that is where the “goodness” ends. Downward revisions for the past 2 months were 167k! Making some (like me) wonder why we bother? Remember when last month seemed too strong...
The Money Machine Behind Progressive Election Efforts
24.02.2024, 20:02 Uhr. ZeroHedge News - https: - The Money Machine Behind Progressive Election Efforts Authored by Austin Alonzo via The Epoch Times (emphasis ours), Arabella Advisors is the biggest name in politics you’ve never heard. CEO of Koch Industries Charles Koch (3rd-R) and Fontainebleau officials take part in a ribbon cutting in Las Vegas on Dec. 13, 2023. (Vivien Killilea/Getty Images...
Peter Schiff: Household Debt Highest In Nation's History
23.02.2024, 19:25 Uhr. ZeroHedge News - https: - Peter Schiff: Household Debt Highest In Nation's History Via SchiffGold.com, In a recent interview, Peter Schiff was featured on Real America with Dan Ball. In analyzing the current economic landscape, Peter shared a perspective that challenges the optimistic narratives surrounding key indicators. His skepticism extends to reported job growth, which...
A Market Only A Mother Or AI Could Love
19.02.2024, 23:30 Uhr. ZeroHedge News - https: - A Market Only A Mother Or AI Could Love By Peter Tchir of Academy Securities Generally, I like to focus on what will happen, rather than what happened, because people reading this already know what happened. But I found last week so confusing/disturbing/annoying on so many levels, that I think it is worth revisiting what happened. We saw narratives...
Richmond Fed Manufacturing Surveys Crashes To Lowest Since COVID, Philly Fed Services Back Into Contraction
23.01.2024, 16:58 Uhr. ZeroHedge News - https: - Richmond Fed Manufacturing Surveys Crashes To Lowest Since COVID, Philly Fed Services Back Into Contraction The slump in 'soft' survey data continues this morning with disappointments from the Philly and Richmond Feds. The flashing red signals for US manufacturing flashed redder-er this morning as the Richmond Fed survey showed manufacturing activity...
Appeals Court Rules The Homeless Have A Right To Camp On Sidewalks
16.01.2024, 03:15 Uhr. ZeroHedge News - https: - Appeals Court Rules The Homeless Have A Right To Camp On Sidewalks Authored by Mike Shedlock via MishTalk.com, The 9th circuit court of appeals affirmed the constitutional right of vagrants to sleep on sidewalks, in parks, and even on the steps of court houses. Please consider the Coalition on Homeless v. the City of San Francisco, San Francisco Police...
"It's The Economy, Stupid!" - The Real Reason So May Young People Are Living With Their Parents
15.01.2024, 12:20 Uhr. ZeroHedge News - https: - "It's The Economy, Stupid!" - The Real Reason So May Young People Are Living With Their Parents Authored by Sam Bourgi via CreditNews.com, Young adults used to dream of moving out of their parents’ homes and into their own apartments, but living alone has become a luxury not everyone can afford. According to a recent study by Intuit Credit Karma,...
New Restrictions On Independent Contractors Could Destroy Gig Work
14.01.2024, 14:18 Uhr. ZeroHedge News - https: - New Restrictions On Independent Contractors Could Destroy Gig Work Authored by Karen Harned via RealClear Wire, The gig economy has become a crucial part of our nation’s economic infrastructure. Beyond platforms like Uber and Lyft, independent contract workers are also vital to many other sectors of our economy, from healthcare to the arts. In fact...
Yellen's Bald-Faced Lies Exposed
13.01.2024, 17:40 Uhr. ZeroHedge News - https: - Yellen's Bald-Faced Lies Exposed Authored by MN Gordon via EconomicPrism.com, Did you see the recent government propaganda from the U.S. Bureau of Labor Statistics? Not the latest faulty claim that consumer prices increased at an annual rate of just 3.4 percent in December. But rather the claim that 216,000 jobs were added in December. Upon release...
Full-Time Jobs Suggest Recession Risks Higher Than Thought
12.01.2024, 16:00 Uhr. ZeroHedge News - https: - Full-Time Jobs Suggest Recession Risks Higher Than Thought Authored by Lance Roberts via RealInvestmentAdvice.com, In the most recent BLS employment report, the percentage of full-time jobs relative to the population dropped sharply. The robust headline number of 216,000 led most media commentators to suggest a “soft landing” is at hand. However...
The 'Hotel California' Wealth Tax Advances, You Cannot Leave To Escape It
10.01.2024, 18:45 Uhr. ZeroHedge News - https: - The 'Hotel California' Wealth Tax Advances, You Cannot Leave To Escape It Authored by Mike Shedlock via MishTalk.com, The California legislature takes up the wealth tax idea this week. It’s a Hotel California doozie... California’s Wealth Tax in the Batter’s Box The Wall Street Journal reports California’s Wealth Tax Arrives. It hasn’t yet...
UMich Now Has Over 500 Jobs Dedicated To DEI, Payroll Exceeds $30 Million
10.01.2024, 02:21 Uhr. ZeroHedge News - https: - UMich Now Has Over 500 Jobs Dedicated To DEI, Payroll Exceeds $30 Million Authored by Jennifer Karbany via The College Fix, The University of Michigan continues to exponentially grow the number of staffers dedicated to advancing diversity, equity, and inclusion, with at least 241 paid employees now focused on DEI and payroll costs exceeding $30 million...
Inside The Catastrophic Jobs Report: Record 1.5 Million Crash In Full-Time Jobs, Multiple Jobholders Soar To Record, Native Born Workers Plunge And Much More
05.01.2024, 17:10 Uhr. ZeroHedge News - https: - Inside The Catastrophic Jobs Report: Record 1.5 Million Crash In Full-Time Jobs, Multiple Jobholders Soar To Record, Native Born Workers Plunge And Much More While the prevailing post-payrolls narrative has focused on the surprisingly strong headline payrolls number (at 216K, this not only came above most estimates but was the highest in 4 months, denting...
After Telework Surge, Federal Buildings Remain Largely Empty
23.12.2023, 01:41 Uhr. ZeroHedge News - https: - After Telework Surge, Federal Buildings Remain Largely Empty Authored by Susan Crabtree via RealClear Wire, More than two years after the Biden administration called on all federal agencies to create plans to bring employees who teleworked during the COVID pandemic back to the office, the vast majority of Washington, D.C.’s federal buildings are still...
Who Can Afford Kids These Days?
18.12.2023, 03:00 Uhr. ZeroHedge News - https: - Who Can Afford Kids These Days? Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), The large data sets on the cost of living and the cost of children are instructive. But nothing compares with the anecdotes you hear from people who once thought they were prosperous but now wonder if they can really get by while completely ruling out...
Pfizer mRNA Vaccine Makes 'Aberrant Proteins', Experts Concerned About Autoimmunity Events
16.12.2023, 05:00 Uhr. ZeroHedge News - https: - Pfizer mRNA Vaccine Makes 'Aberrant Proteins', Experts Concerned About Autoimmunity Events Authored by Marina Zhang via The Epoch Times (emphasis ours), There may be around a 1 in 10 chance that Pfizer mRNA COVID-19 vaccines will not generate spike proteins but something else, a new Cambridge study finds, raising concerns about autoimmune response among...
Peter Schiff: Joe Biden Doesn't Have Anything To Take Credit For
14.12.2023, 02:20 Uhr. ZeroHedge News - https: - Peter Schiff: Joe Biden Doesn't Have Anything To Take Credit For Via SchiffGold.com, Most mainstream pundits characterized the November jobs report as a “Goldilocks” report. Job growth was strong enough to support the “soft landing” narrative but not so strong it might scare the Fed into raising interest rates again. President Joe Biden used...
Peter Schiff: Just One More Hyped-Up Jobs Report
11.12.2023, 14:33 Uhr. ZeroHedge News - https: - Peter Schiff: Just One More Hyped-Up Jobs Report Via SchiffGold.com, According to the latest non-farm payroll report from the Bureau of Labor Statistics (BLS) the US economy added 199,000 new jobs in November and the unemployment rate dropped to 3.7%. This was widely viewed as a “strong” jobs report. According to one mainstream analyst, the November...
Stockman: The Destruction Of The American Middle Class
10.12.2023, 16:31 Uhr. ZeroHedge News - https: - Stockman: The Destruction Of The American Middle Class Authored by David Stockman via The Epoch Times, Since money-printing went into permanent high gear after the dotcom crash in 2000, the top 1 percent of households have gained $20 million each in inflation-adjusted net worth. Likewise, the top 0.1 percent or 131,000 households at the tippy top of...
Are You Still Middle Class?
05.12.2023, 22:21 Uhr. ZeroHedge News - https: - Are You Still Middle Class? Authored by Charles Hugh Smith via DailyReckoning.com, Defining the middle class is a perpetually popular parlor game because it’s well-known that the foundation of widespread prosperity is a broad-based middle class and a sturdy ladder of social mobility that enables those below the middle class to work their way up to...
New Study Finds That Costlier U.S. Cities Offer Better Middle And Lower Class Living Standards
24.11.2023, 04:46 Uhr. ZeroHedge News - https: - New Study Finds That Costlier U.S. Cities Offer Better Middle And Lower Class Living Standards As the ole' expression goes: money talks and bulls**t walks. That appears to be the theme of a new study by the Ludwig Institute for Shared Economic Prosperity, which found this week that paying up to live in some of the major cities in the U.S. could offer...
Bezos' Little Helpers
24.11.2023, 02:15 Uhr. ZeroHedge News - https: - Bezos' Little Helpers As Amazon is right in the middle of its Black Friday/Cyber Monday promotions, the company’s workers are bracing for what will likely be the most stressful days of the year. Whether it’s warehouse workers or delivery drivers, every link of the supply chain will be stretched to its limits, as millions of consumers around the...
What's It Take To Be Middle Class Now?
18.11.2023, 20:01 Uhr. ZeroHedge News - https: - What's It Take To Be Middle Class Now? Authored by Charles Hugh Smith via OfTwoMinds blog, Can an economy in which 10% of the households qualify as middle class claim to offer widespread opportunities for secure prosperity? No, it cannot. Defining the middle class is a perpetually popular parlor game because it's well-known that the foundation of...
Employment Is Sending Signals: Recession Or Normalization?
16.11.2023, 15:36 Uhr. ZeroHedge News - https: - Employment Is Sending Signals: Recession Or Normalization? Authored by Michael Lebowitz via RealInvestmentAdvice.com, In February 2023, we wrote Janet Yellen Should Focus On HOPE. The article walks through Michael Kantrowitz’s HOPE model. HOPE, or Housing, New Orders (ISM), Corporate Profits, and Employment, provides a handy acronym to track...
The Psychological Pain Of Inflation
14.11.2023, 13:20 Uhr. ZeroHedge News - https: - The Psychological Pain Of Inflation Authored by Jeffrey Tucker via The Epoch Times, The Bureau of Labor Statistics (BLS) tomorrow morning will report its Consumer Price data from October. The Producer Price Index (PPI) appears the following day. There will likely be no real surprise here: inflation will still be running hot around 3.7 percent, confirming...
Peter Schiff: Things Are Even Doomier And Gloomier Than They Look
13.11.2023, 16:05 Uhr. ZeroHedge News - https: - Peter Schiff: Things Are Even Doomier And Gloomier Than They Look Via SchiffGold.com, Peter Schiff recently appeared on Real America with Dan Ball to talk about the latest employment data and the state of the real estate market. We know there is a lot of doom and gloom in the headlines, but Peter said the situation is actually doomier and gloomier than...
"Perfect Number" - Stocks & Bonds Soar After "Universally Weak" Payrolls Data, Dollar Dumps
03.11.2023, 14:33 Uhr. ZeroHedge News - https: - "Perfect Number" - Stocks & Bonds Soar After "Universally Weak" Payrolls Data, Dollar Dumps Weak jobs growth and easing wage growth - just the kind of 'bad' news that markets love, and sure enough stocks and bonds are soaring as the dollar dives on dovishly-diving rate-change expectations. As Capital Economics points out: “The strongest argument for...
"More Like A Train Wreck Than A Soft Landing" - Dallas Fed Services Sector Survey Slumps In October
31.10.2023, 17:46 Uhr. ZeroHedge News - https: - "More Like A Train Wreck Than A Soft Landing" - Dallas Fed Services Sector Survey Slumps In October Growth in Texas service sector activity stalled in October, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, fell eight points to 0.7, with the...
In The War On Truth, It Is Time To Become Heroes
30.10.2023, 22:00 Uhr. ZeroHedge News - https: - In The War On Truth, It Is Time To Become Heroes Authored by Jim Quinn via The Burning Platform blog, “Truth is treason in an empire of lies.” – George Orwell “The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism...
Beige Book Find "Little Change" As Outlook Turn Weaker But "Recession" Mentions Tumble
18.10.2023, 20:33 Uhr. ZeroHedge News - https: - Beige Book Find "Little Change" As Outlook Turn Weaker But "Recession" Mentions Tumble The Fed's latest beige book released this afternoon was a rather boring affair, one signaling "little to no change in economic activity" since the September report. That said, one month after a rather downbeat Beige Book warned that consumers had "exhausted" their...
Downward Mobility & Life On The Margins
15.10.2023, 23:31 Uhr. ZeroHedge News - https: - Downward Mobility & Life On The Margins Authored by Charles Hugh Smith via OfTwoMinds blog, We can anticipate a sharp reduction in conventional financial security in the next decade as the waste is growth / Landfill Economy runs out of cheap materials to throw away. There are many pathways to life on the margins of the economy and society. Let's consider...
Gen-Zer Buys $200 Plot Of Land In Desert After Complaining About "Owning Nothing"
13.10.2023, 12:56 Uhr. ZeroHedge News - https: - Gen-Zer Buys $200 Plot Of Land In Desert After Complaining About "Owning Nothing" Gen Z will be left with psychological scars from the cost-of-living crisis that has derailed their ability to build up savings, purchase a home, get married/start a family, and enjoy life. Millennials crying about life, rent, groceries. "and all we do, we record a...
Inside Today's Jobs Report: 885,000 Full-Time Jobs Lost, 1.127 Million Part-Time Jobs Added
06.10.2023, 17:49 Uhr. ZeroHedge News - https: - Inside Today's Jobs Report: 885,000 Full-Time Jobs Lost, 1.127 Million Part-Time Jobs Added After last month's stunning payrolls report, when in our post-mortem we revealed not only a year full of monthly downward data revisions, but also collapse in tull-time jobs and surge in part-time jobs, as well asalso the worst unadjusted August payrolls since...