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Apr 27, 2024 | 
invesbrain.com | Tyler Durden |James Picerno |Kirk O'Neil
Authored by Andrew Moran via The Epoch Times, In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest payments were approximately $400 billion. Then the numbers spiraled out of control. Washington's fiscal situation has drastically changed since then; total debt has surpassed $34 trillion, the annual budget shortfall exceeds $1 trillion, and interest costs have topped $1 trillion.
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Apr 26, 2024 | 
invesbrain.com | Kirk O'Neil |Tyler Durden
Authored by Michael Snyder via The Economic Collapse blog, According to the absurd numbers that the government feeds us, the unemployment rate is very low and there are lots of jobs available. But if what they are telling us is true, why are so many Americans not able to find work? As you will see below, some people haven't been hired even though they have literally applied for hundreds of jobs.
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Apr 26, 2024 | 
invesbrain.com | Kirk O'Neil |Colin Salao
Venture creation in biotech is witnessing a sustained contraction. After the pandemic bubble's over-indulgence, the venture ecosystem appears to have reset its pace of launching new startups. According to the latest Pitchbook data, venture creation in biotech hit its slowest quarterly pace in eight years during 1Q 2024. With just over 60 new biotechs raising their first round of financing, the sector's company formation activity has slowed 50-60% from its historic peak in 2021.
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Apr 26, 2024 | 
invesbrain.com | Kirk O'Neil |Colin Salao |Jena Warburton |Brooklee Han
The restaurant industry continues navigating through the aftermath of the Covid-19 pandemic, as many fast-food and fast-casual chains battle financial distress related to reduced foot traffic, as well as inflated food prices and rising interest rates.
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Apr 25, 2024 | 
invesbrain.com | Brooklee Han |Martin Baccardax |Tyler Durden |Kirk O'Neil
Monika DeRoussel was in a meeting, away from her phone and email, when a client messaged her that a property in their price range and desired neighborhood had a for-sale sign in the yard. When the meeting concluded, DeRoussel quickly reached out to the seller's agent to see if her client could get in for a tour, but it was too late. "I called the listing agent and it was listed three hours ago, but it was sold," the Cincinnati, Ohio-based agent said. "We couldn't even see it.
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Apr 25, 2024 | 
invesbrain.com | Martin Baccardax |Tyler Durden |Kirk O'Neil
Growth in the U.S. economy slowed notably last quarter as consumers tightened their belts and companies ran down inventories amid concern about a broad slump in demand over the coming months. The world's biggest economy expanded by an annualized rate of 1.6%, down from the 3.4% pace recorded over fourth-quarter 2023, data from the Commerce Department showed on April 25. The latest figure was well south of Wall Street's 2.5% forecast.
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Apr 25, 2024 | 
invesbrain.com | Tyler Durden |Kirk O'Neil |Jena Warburton
Whatever happened to the WEF? One minute they were everywhere in the media and now they have all but disappeared from public discourse. After the pandemic agenda was defeated and the plan to exploit public fear to create a perpetual medical autocracy was exposed, Klaus Schwab and his merry band of globalists slithered back into the woodwork.
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Apr 24, 2024 | 
invesbrain.com | Kirk O'Neil |Jena Warburton
Prime minister Rishi Sunak has announced a crackdown on sickness and disability benefits in order to end a "sicknote culture" and "over-medicalising the everyday challenges and worries of life", in part because he claims that "good work" can actually improve mental and physical health. He instead wants to focus on "what people can do with the right support in place, rather than what they can't do".
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Apr 18, 2024 | 
invesbrain.com | Tyler Durden |James Ochoa |Kirk O'Neil
Who could have seen this coming? btw this is where the next really big crash will start https://t.co/XcK2RezYEk - zerohedge (@zerohedge)February 1, 2024Bloomberg's Ye Xie reports that a small group of funds has accumulated such large short wagers in the Treasury market that they could destabilize the broader financial system during times of stress, according to the International Monetary Fund.
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Apr 18, 2024 | 
invesbrain.com | James Ochoa |Kirk O'Neil |Dean Baker
Huge retail chains such as Target ( ( (TGT) , Walmart WMT) and Walgreens Boots Alliance WBA) since the Covid pandemic have closed some of their stores for a variety of reasons, but financial distress leading to bankruptcy has not been the case for these companies. Theft and organized crime were identified as the reasons why Target in October 2023 closed nine stores in four states. Walgreens in early 2022 and 2021 closed seven stores in San Francisco because of crime.
