BREAKING: The ratio of US leading to coincident economic indicators is now down to 0.84, matching the 2008 Financial Crisis low.
This comes as the Leading Economic Index (LEI) fell -0.6% MoM in March, posting its 7th monthly decline out of the last 8.
The Conference Board Leading Economic Index (LEI) tracks forward-looking data, including consumer expectations, manufacturing orders, weekly hours, and initial jobless claims.
At the same time, the Coincident Economic Index (CEI) measures current economic conditions in real time, such as nonfarm payrolls or personal income, excluding government social security or unemployment payments.
This ratio is now on track for its 5th consecutive annual decline, the longest streak on record.
In the past, such depressed levels have never occurred outside of a recession.
The US economy and the stock market are moving in opposite directions.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
This comes as the Leading Economic Index (LEI) fell -0.6% MoM in March, posting its 7th monthly decline out of the last 8.
The Conference Board Leading Economic Index (LEI) tracks forward-looking data, including consumer expectations, manufacturing orders, weekly hours, and initial jobless claims.
At the same time, the Coincident Economic Index (CEI) measures current economic conditions in real time, such as nonfarm payrolls or personal income, excluding government social security or unemployment payments.
This ratio is now on track for its 5th consecutive annual decline, the longest streak on record.
In the past, such depressed levels have never occurred outside of a recession.
The US economy and the stock market are moving in opposite directions.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
BREAKING: JPMorgan stock down on the news female executives don’t use their subordinates as sex slaves
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
😁7
The White House shooting, what’s known thus far:
Did not take place "literally" next to the White House, but in the vicinity of the area.
It was reported Vance's motorcade had passed through the area where the shooting occured. Heavy implications there.
It is unknown whether the shooting is related to recent "attempts" on Trump's life.
Secret Service "engaged" the shooter as soon as he pulled out his gun.
Shooter is still alive and was taken to a hospital for treatment, along with a person he "lightly" injured.
So... what the hell was that? Schizo-larping? Psy-op? Nothingburger? Place your bets in the comments.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Did not take place "literally" next to the White House, but in the vicinity of the area.
It was reported Vance's motorcade had passed through the area where the shooting occured. Heavy implications there.
It is unknown whether the shooting is related to recent "attempts" on Trump's life.
Secret Service "engaged" the shooter as soon as he pulled out his gun.
Shooter is still alive and was taken to a hospital for treatment, along with a person he "lightly" injured.
So... what the hell was that? Schizo-larping? Psy-op? Nothingburger? Place your bets in the comments.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Two US Navy destroyers, the USS Truxtun and USS Mason, successfully crossed the Strait of Hormuz yesterday under heavy Iranian fire -CBS
The destroyers, backed up by fighters and AH-64s, were attacked by a “sustained barrage” of Iranian small boats, missiles and drones.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
The destroyers, backed up by fighters and AH-64s, were attacked by a “sustained barrage” of Iranian small boats, missiles and drones.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
👌2🌚2❤🔥1
The world is using more US Dollars than ever:
Offshore US Dollar deposits held in banks outside the US are up to a record ~$14.5 trillion.
This is +220% more than the ~$4.5 trillion held at the beginning of the century.
By comparison, only ~$3.5 trillion worth of euros are held in offshore banks, outside the Eurozone.
And, the Fed and domestic commercial banks hold over $19.0 trillion.
This means offshore US Dollar deposits are now equivalent to~43% of US domestic bank deposits, with no other currency coming close to this percentage.
Global demand for USD is incredibly high.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Offshore US Dollar deposits held in banks outside the US are up to a record ~$14.5 trillion.
This is +220% more than the ~$4.5 trillion held at the beginning of the century.
By comparison, only ~$3.5 trillion worth of euros are held in offshore banks, outside the Eurozone.
And, the Fed and domestic commercial banks hold over $19.0 trillion.
This means offshore US Dollar deposits are now equivalent to~43% of US domestic bank deposits, with no other currency coming close to this percentage.
Global demand for USD is incredibly high.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
This media is not supported in your browser
VIEW IN TELEGRAM
⭕ China is developing a cruise missile with a range of 1,330 km, designed to be under 4 meters in length so it can fit inside the internal weapon bays of the Chengdu J-20 and Shenyang J-35
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
BREAKING: Chirayu Rana re-filed his 'sex slave' lawsuit with witness statements
Some details:
*A "completely naked" Hajdini woke up a family friend of Rana who was trying to sleep while visiting Rana
*Hajdini sat on the couch he was sleeping on, lit a cigarette and began begging that he "join them" in the bedroom
*After refusing several times, Hajdini said "you know I own redacted, so you better come join."
*The witness heard Rana pleading "no, no, no, you have to leave. I’m not going to do this. Please stop."
*The witness saw Hajdini get "handsy" with Rana at a Kygo concert at the Barclays Center in September 2024
*The other anonymous witness saw Hajdini kissing Rana's neck on the street during the summer of 2024
*She overheard them entering her apartment building and hearing Hajdini say something like "I own you Brownie"
The two anonymous witness are a male family friend of Rana and female apartment owner where the family friend was staying
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Some details:
*A "completely naked" Hajdini woke up a family friend of Rana who was trying to sleep while visiting Rana
*Hajdini sat on the couch he was sleeping on, lit a cigarette and began begging that he "join them" in the bedroom
*After refusing several times, Hajdini said "you know I own redacted, so you better come join."
*The witness heard Rana pleading "no, no, no, you have to leave. I’m not going to do this. Please stop."
*The witness saw Hajdini get "handsy" with Rana at a Kygo concert at the Barclays Center in September 2024
*The other anonymous witness saw Hajdini kissing Rana's neck on the street during the summer of 2024
*She overheard them entering her apartment building and hearing Hajdini say something like "I own you Brownie"
The two anonymous witness are a male family friend of Rana and female apartment owner where the family friend was staying
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
🌚5🤯4👌2