Fighting with the Patriots to keep America Alive
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Alias Born | 04/01/2001 |
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Flashdance • What a Feeling • Irene Cara (A different version than that posted in the Sticky section ~ based on the movie.
Journey - The Party's Over (Hopelessly In Love) (Official Audio)
Ice Castles • Through the Eyes of Love • Melissa Manchester
Peter Schiff ~ Oct. Job Numbers & Pending Housing Market Crash
3 Doors Down - Here Without You (Official Music Video)
Jimmy Buffett - Changes In Latitudes, Changes In Attitudes (Audio)
Consumed By Fire - First Things First (Official Lyric Video)
Endgame: Interest On US Debt Skyrockets Above $1 Trillion For The First Time Ever
Back in July, when we last looked at the unprecedented horror show that is the US budget deficit - and concluded correctly, long before the Q2 Quarterly Refunding Announcement, that debt issuance was about to explode and yields would soar - we warned that the debt Rubicon was about to be crossed and "US Debt Interest Payments Are About To Hit $1 Trillion."
Fast forward to today when the endgame has apparently arrived: according to the Treasury's own calculations, total interest is now over $1 trillion (or $1.027 trillion to be precise).
See Article Here: https://www.zerohedge.com/markets/endgame-interest-us-debt-skyrockets-above-1-trillion-first-time-ever
Needs to be tweeted!
Stocks Tumble, Yield Surge After Catastrophic 30Y Auction Stops With Biggest Tail On Record As Foreign Demand Craters
Complete disaster.
That's the only way one can describe today's 30Y auction, which many expected could be challenging after a mediocre 3Y and a subpar 10Y auction earlier this year, but nobody expected... this.
The bond priced at a high yield of 4.769%, which was below last month's 4.837%, and just shy of the April 2010 high. But more importantly, it tailed the When Issued by a whopping 5.3bps, which was... well... terrible, because as shown in the chart below, this was the biggest tail on record (going back to 2016).
See Article Here: https://www.zerohedge.com/markets/stocks-tumble-yield-surge-after-catastrophic-30y-auction-stops-biggest-tail-record-foreign
Used Vehicle Prices Record Largest Maximum Drawdown In History
Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new data this week for October that shows wholesale used-vehicle prices continue to slide and have reached the lowest levels since April 2021.
The Manheim Used Vehicle Value Index stood at 209.4 in October, down 2.3% from September. The index is down 4% from a year ago. These wholesale prices filter into the retail side of the market with a slight lag.
See Article Here: https://www.zerohedge.com/markets/used-vehicle-prices-record-largest-maximum-drawdown-history?utm_source=&utm_medium=email&utm_campaign=1971
ALERT - BIG TROUBLE JUST EMERGED, BANKS CUT THOUSANDS OF JOBS, ELECTRIC VEHICLE PRICE CRASH, HOUSING
It has been happening for quite some time, my friend.
DEF LEPPARD ~ Rock Of Ages
What They Gonna Say Now ~ Sammy Hagar
When The Hammer Falls Sammy Hagar
Kiss - I Was Made For Lovin' You
Goo Goo Dolls - Iris [Official Live Video]
Don't Go Away Mad (Just Go Away) ~ Motley Crue
(Everything I Do) I Do It For You - Bryan Adams (Boyce Avenue ft. Connie Talbot acoustic cover)