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Degens Deteriorating
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UK resident arrested by police for having a conversation with a Muslim

The conversation was peaceful and recorded but because the conversation was “antagonistic” about Islam, he was arrested

“Young Bob has dramatically been arrested. And guess what his crime was? For having a conversation. Yes, that's right. Basically, he was having a conversation with a Muslim gentleman, a very peaceful conversation. It's all been recorded. And the police said he wasn't allowed to have this conversation. He said, "He was being antagonistic."

There was no animosity. It was completely peaceful. But the police decided the best course of action to do on this occasion was to give young Bob a dispersal order.

Obviously, young Bob didn't think it was right that he should be told to leave just for having a conversation, and said he, you know, he didn't agree with it, wasn't giving his details, and the police have promptly arrested him”

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US companies are becoming less concerned about the economy:

The number of mentions of job cuts and economic slowdown during earnings calls fell to 59 in October, the lowest since February 2022.

In September, there were 137 such mentions, the fewest for any September since 2021.

Since April, mentions of negative macroeconomic headwinds have declined -90%.

By comparison, the 2022 peak saw ~1,500 mentions, or 24 times higher than current levels.

This is in sharp contrast to the recent slowdown in job market hiring.

Is the US economy set to pick up?

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Zohran Mamdani's first event since his win? Visiting a pro-Jihad mosque in Puerto Rico

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BREAKING: Trump announces 50-year mortgages in the US

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The Trump administration has moved to lift a court order that had temporarily blocked the deportation of Kilmar Abrego Garcia, a Salvadoran national, thereby clearing the way for his removal to Liberia

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Some UK schools are banning pork in packed lunches

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US bond market volatility is falling:

The MOVE Index fell to 67 points last week, its lowest level since November 2021.

This metric, also known as the “VIX of bonds,” measures yield volatility across 2-year, 5-year, 10-year, and 30-year Treasuries.

The index has dropped -73 points since April as the bond market stabilized after Trump’s "Liberation Day" sell-off.

Easing volatility has also been supported by 2 Fed rate cuts in September and October and corporate credit spreads at their lowest level this century.

Meanwhile, the 10-year Treasury yield has fallen -70 basis points to 4.10% since January.

US bond markets are stabilizing.

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Hawaii resident reporting their EBT cards have been reloaded and everyone is back shopping with taxpayer money

Just look at these carts, they’re the most full grocery carts you’ll ever see. Working people cant afford get to shop like this

The receipt confirms it’s EBT. You paid

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CPI inflation data quality continues to decline:

In September, 40% of CPI items were estimated, up from 36% in August.

When price data is unavailable, the BLS "fills the gaps" with estimated values, which typically account for ~10% of all CPI entries.

The percentage has now QUADRUPLED over the last 7 months.

This all means ~40% of price quotes across 200 product and service categories were calculated using substitute pricing, where data collectors filled in missing figures with values from other categories or regions.

CPI numbers are becoming less accurate and less reflective of real consumer costs every month.

What is happening here?

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