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As Stocks Hit Record Highs, Americans' Consumer Confidence Collapses To Record Low
As Stocks Hit Record Highs, Americans' Consumer Confidence Collapses To Record Low
With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for UMich consumer sentiment to continue languishing at record lows in final May data released this morning.
And it did, with the headline sentiment - along with both Current Conditions and Expectations - all plunging to record lows...
Source: Bloomberg
Yep... Americans have never been more miserable... Black Friday, meh; 9/11, nothingburger; GFC, fleshwound...
“The cost of living continues to be a first-order concern, with 57% of consumers spontaneously...
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Apr 17, 2026 / Tyler Durden
The End Of Oil Volatility As A Weapon
The End Of Oil Volatility As A Weapon
Authored by Tom Luongo via Gold, Goats, 'n Guns blog,
This is the only chart that matters right now…not borrowing costs (@lukegromen).
It’s the weekly chart of Brent Crude.
I’ve been telling my patrons for three weeks in the Market Reports that the Brent Crude chart has all the earmarks of a market being manipulated UP to support a narrative…
That narrative is Donald Trump is a madman who broke the world and is losing in Iran.
Look at the chart carefully, you see big gaps between weekly...
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Aug 4, 2026 / Tyler Durden
Spanish Opposition Leaders Calls For PM Sánchez To Be 'Put In The Dock' Over Immigrant Lies
Spanish Opposition Leaders Calls For PM Sánchez To Be 'Put In The Dock' Over Immigrant Lies
Via Remix News,
Vox leader Santiago Abascal has called for Prime Minister Pedro Sánchez to be put “in the dock,” accusing his government of lying about the number of illegal migrants returned to Morocco following the latest mass influx into Ceuta.
Abascal traveled to the Spanish enclave at the weekend after canceling a planned visit to Colombia, saying the situation demanded his presence in Spain. Upon arriving, he posted footage of significant numbers of what appear...
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Sep 19, 2026 / Tyler Durden
The 'Modern-Day Lynching' Hoax... And The Elephant In The Room
The 'Modern-Day Lynching' Hoax... And The Elephant In The Room
Authored by Larry Elder via The Epoch Times,
Nearly 60 Democratic members of Congress signed a letter to sound an alarm: Black Americans are being found hanging, including some from trees, in a wave of possible "modern-day lynchings."
Their letter to the Justice Department and FBI stated, "The series of deaths raise significant suspicion of foul play given the role of lynching in our nation's history." Rep. Ayanna Pressley called it a "national crisis." Rep. Alexandria Ocasio-Cortez, who signed the letter, tweeted...
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