Note to reader: By most traditional measures, the economy continues to power along. Current GDP estimates indicate an economy growing between 4 and 5%. Other than during the emergence from the covid lows, headline economic growth has not been this robust in at least 40 years.
However, if we wipe away the veneer, there’s an ugly underbelly. I don’t see the economy collapsing in the traditional sense, rather it’s transforming and the speed of this transformation is breathtaking.
The typical wage earner is getting left in the dust, while the asset owners continue to move ahead at a phenomenal clip.
To wit, the prices of stocks, as well as gold and silver continue escalating.
Despite what we read in the press, housing costs and house values also continue to climb nationwide. Sellers are withdrawing, because they realize how much money it costs to sell a house and unless they can find a replacement property, they stay put. This is not unprecedented and I observe other countries who struggle with this phenomenon, like in Argentina and Brazil, where only those with dollars can buy property.
Yes, in many regards, the United States economy and financial system is rapidly becoming a centrally managed, second-world system. All I need to do is look at all of the economic data that are not being reported in a timely fashion anymore. Even the Federal Reserve is having difficulty figuring out monetary policy as there are scant economic data available.
Why is this? The current monetary system seems to be in a slow motion, but accelerating, intentional demolition. The current world order, one in which the United States runs ever increasing trade deficits to fund the world with dollars, is collapsing. Those with dollars are now looking for a home and these dollar holders are buying any asset they can get their hands on.
As technology advances, the trillion-dollar firms find it much easier to cut their employment by tens of thousands. I’ve included a Reuters article illustrating this. Amazon shareholders continue to make incredible amounts of money, while the wage earners are competing in an ever shallower wage pool.
Amazon axes 16,000 jobs as it pushes AI and efficiencies
Jan 28 (Reuters) – Amazon confirmed 16,000 corporate job cuts on Wednesday, completing a plan for around 30,000 since October, while leaving open the possibility of further reductions.
Reuters first reported last week that Amazon was planning a second round of job cuts as part of its broader goal under CEO Andy Jassy, who has been trying to reduce bureaucracy and abandon underperforming businesses.
Amazon said on Tuesday it was closing its remaining bricks-and-mortar Fresh grocery stores and Go markets, despite years of effort, and said it was dropping its Amazon One biometric payment system, which scans the palm of a customer’s hand.
Although 30,000 represents a small portion of Amazon’s 1.58 million employees, who are mostly in fulfillment centers and warehouses, it is nearly 10% of its corporate workforce and represents the largest job cuts in its three-decades, surpassing the 27,000 it pared between late 2022 and early 2023.
The job cuts were necessary to strengthen the company by “reducing layers, increasing ownership, and removing bureaucracy” at Amazon, its top human resources executive, Beth Galetti, said in a post.
Galetti left open the possibility of further reductions, saying some teams will continue to “make adjustments as appropriate”.
The latest cuts mark the second major round of layoffs in three months after Amazon pared 14,000 jobs in October saying at the time that artificial intelligence and concerns over shifting corporate culture were to blame.
Amazon has also said it overhired during the COVID-19 pandemic, when demand for online shopping skyrocketed.
“Some of you might ask if this is the beginning of a new rhythm – where we announce broad reductions every few months,” Galetti said in Wednesday’s note. “That’s not our plan,” she said.
‘PROJECT DAWN’
Amazon on Tuesday mistakenly sent an email appearing to refer to the layoff plan as “Project Dawn” to some Amazon Web Services staff, unsettling thousands of workers.
The full scope of the cuts could not be learned, but employees from multiple AWS units, the Alexa voice assistant, Prime Video, devices, advertising and last mile delivery, among others, indicated online and in emails to Reuters that they had be impacted.
Amazon, which began the corporate job cuts on Tuesday by announcing its plans to close the Fresh and Go stores, did not respond to a Reuters request for comment.
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamics. Significant improvements in AI assistants are helping enterprises execute duties from routine administrative tasks to complex coding problems with rapid speed and precision, driving widespread adoption.
Jassy said last summer that rising use of AI tools would mean more automation of duties, leading to corporate job losses.
Executives at the World Economic Forum’s annual meeting in Davos said last week that while jobs would disappear, new ones would spring up, with two telling Reuters that AI would be used as an excuse by companies planning to cut jobs anyway.
Tech giants, including Amazon, Facebook-parent Meta Platforms and Microsoft, sharply ramped up hiring during the COVID-19 pandemic demand surge and have lately been restructuring. UPS, Pinterest and ASML all announced staff reductions in recent days.
Amazon has been investing in robotics at its warehouses to speed up packaging and deliveries for its e-commerce segment, reduce reliance on human labor and cut costs.
Shares in Amazon, which is set to report quarterly results next week, were up less than 1% in pre-market trading.
This is a heads up that the Bolshevik revolution in Russia in 1917 is heading our way to USA and Canada:
https://alt-market.us/its-time-to-accept-that-civil-war-2-0-has-already-started/
The Commucrats will not leave you alone regardless of how peaceful you are.
Regarding the Bolshevik Revolution there’s this: The Jewish magazine The American Hebrew in 1920 stated that the Bolshevik revolution in Russia was the work of Jewish brains and planning. It wrote:[7]
“The Bolshevik movement is neither polite nor tolerant; in its initial phase it was purely destructive…What Jewish idealism and Jewish discontent have so powerfully contributed to accomplish in Russia, the same historic qualities of the Jewish mind and heart are tending to promote in other countries.”
Same playbook, different country!
Meanwhile in CCP land….
Metals Traders Lose at Least $144 Million as ‘Hat’ Flees China
(Bloomberg) — Chinese metals traders have racked up losses totaling at least 1 billion yuan ($144 million) after one of their counterparties fled the country leaving deals unfinished, alarming top regulators worried about hidden financial risks, according to people familiar with the matter.
At the heart of the crisis is a trading network facilitated by Xu Maohua, a metals dealer nicknamed The Hat, said the people, including some who worked with or did business with him and are directly affected by the losses. State-backed SDIC Commodities Co. was the highest-profile participant, they added, asking not to be named given the sensitivity of the matter.
Xu owed money to the company for shipments of copper and other metals, and it in turn owed money to its suppliers, the people said. The fallout includes one lawsuit against SDIC Commodities filed for over 200 million yuan in damages and bills that the plaintiff claims have gone unpaid, according to an exchange filing from a company involved. The firm has not publicly responded.
The Chinese government has taken a dim view in recent years of companies it believes are engaging in any risky commercial practices that threaten the orderly functioning of markets. That’s especially true of the state-owned enterprises it directly supervises, which have been warned against straying outside their core businesses. Commodities firms have drawn scrutiny after a number of scandals in the often opaque sector.
Regulators have been particularly bothered by so-called circular trading, where companies buy and sell the same asset among themselves to create the illusion that revenue has been generated. It’s likely that SDIC and other firms lost money after Xu vanished because his exit effectively broke a chain that had lasted for years, said the people, some of whom were counterparties that were directly impacted by his departure.
Xu did not respond to requests for comment sent through his social media accounts, nor through close business contacts still in China. SDIC Commodities is a trading unit of State Development & Investment Corp., a government conglomerate with annual sales of nearly 200 billion yuan. The parent, reached by telephone, declined to comment on behalf of its subsidiary.
While there’s no official total of the losses incurred by the company and other traders and banks in Xu’s orbit, a tally of estimates from people directly involved in the deals suggests it could be at least 1 billion yuan. Some of the people said they believe the sum may be far larger, based on the scale of trades they’ve been involved in or observed over a period of years.
Guangdong Prolto Supply Chain Management Co., a trader in Shenzhen, has sued SDIC for 219 million yuan after the company failed to fully pay for shipments of metal concentrate, according to an exchange filing in December. Prolto declined to comment on the case.
A court in Tianjin has separately seized 3,150 tons of refined copper held by the SDIC unit in storage in Wuxi, Jiangsu province, at the behest of a Chinese policy bank, according to people with knowledge of the case and court documents viewed by Bloomberg. The copper has been frozen to preserve the trader’s assets in case of litigation, the people said.
Fictitious Metal
Xu — whose given name sounds like “hat” in Mandarin, and who uses the alias as his WeChat moniker — was central to a network that helped the SDIC subsidiary boost sales, according to six people who previously worked with him. It did so, they allege, via irregular deals that skirted government rules, which limit state firms to trading raw materials necessary to their core operations. SDIC Commodities’ parent runs power plants in China, and is involved in President Xi Jinping’s Belt and Road initiative to build out infrastructure across the globe.
From his base in Foshan in Guangdong province, Xu was a middleman operating a number of companies that bought metals from smelters or other traders, and then resold the shipments to SOEs, according to his associates. Part of the deal was a commitment to repurchase the cargoes at a later date.
Xu was able to realize cash almost immediately on the trades by selling the invoices from his SOE customers, the people said. Firms that offer factoring services, including some banks, would buy the invoices at a discount, before the deliveries of metal were made.
The alleged scheme included metals that were not actually his to sell, while many of the companies involved in the transactions were owned by Xu himself, according to several people who did business with him.
Chinese metals markets have seen more than their fair share of scandal in recent years, from the bankruptcy of the country’s top copper importer to fictitious stockpiles of aluminum that caused more than $1 billion of losses. In that case, a trader was sentenced to life in prison last year.
In Xu’s case, some of the people who know him and have traded with him said his finances may have unraveled after a separate bet that the silver market would fall went terribly wrong, pushing him to flee the country. Silver prices have doubled over the past couple of months.
Xu is a well-known figure in Chinese metals markets. Born in 1972 in Baiyin, a city in the northwestern province of Gansu, he earned his bachelor’s degree from North China University of Technology in Beijing. He began his career trading recycled metals in Guangdong, before expanding into refined metals and concentrates ranging from copper and zinc to indium, according to people who know him. They declined to be named given the sensitivity of the issue.
The losses left in Xu’s wake have caught the attention of China’s state-owned assets watchdog, which in recent weeks has ordered major commodities trading companies in its purview to review their operations and eliminate superfluous activities used to boost revenues, according to people familiar with the matter. Any pullback from SOEs could sharply reduce liquidity, adding to pressure on smaller players, they said.
The State-Owned Assets Supervision and Administration Commission didn’t respond to a phone call and an email seeking comment.
SASAC first imposed its restrictions in 2023, triggered in part by a debt crisis at a state-owned timber company, but compliance has been patchy. A slowing economy has made it particularly tempting for state firms to find other sources of revenue, the people said.
On the Wire
In the history of the silver market, prices had traded above $40 an ounce for only a handful of brief periods before last year. On Friday, exhausted traders watched in shock as the precious metal plunged by that much in less than twenty hours.
President Donald Trump said Saturday he welcomed investment by China and India in Venezuela’s oil industry. One of China’s largest regular buyers of Venezuelan crude is making bids for Canadian cargoes as a replacement.
China’s factory activity unexpectedly deteriorated, after snapping its worst contraction streak on record in December. The steep declines in China’s PMIs in January mark a troubling start to 2026, Bloomberg Economics said.
Xu must be part jewish! It certainly was a big washout!
Very curious depiction of Epstein in this supposed Bannon interview compared to all the other noise that has been made public about this guy. https://x.com/livefreeopinion/status/2017806185638903985?s=46
It makes me wonder if there really has been any interviews like this before as just watching part of this I think most would not come up with any preconceived notions about this guy that have come to light in the media over the years.
All this is interesting, I guess. I don’t keep up on any of this type of stuff. I wonder why there’s the media obsession for years? It seems all the targets from the investigation are evil and old white people.
We should get more Jews and colored people ruling over us like in Deuteronomy 28.
Reason why I don’t really follow this type of stuff is because we’ll never know the truth anyway. There are people who have been studying the Kennedy assassination for 60 years and the Apollo moon landing hoax for 50 years.
Right! Moon landing? Ask Stanley Kubrick, another jew,
There are so many frauds. And murders and general lawlessness. It is true what you say and probably wise not to spend too much time once you have determined something to be fraudulent, any further study only provides more evidence of the fraud and is of little use.
One of the biggest frauds that goes basically unchallenged is the Papacy itself. Even has it’s own set of commandments as substitute for the real thing etched by the finger of YHVH himself. Perhaps Bob will issue his revised Rerum Novarum encyclical in time for the 250th anniversary.
I might not be interested in this in the sense of other people; however I do kind of wonder why these types of things get leaked or released or whatever when they do and I do find it interesting that most of the conversation was around technical or scientific things and notably commentary around AI and how they don’t know how it works when this was supposedly recorded back in 2018 and now the AI pandoras box is open and in some other channels there is talk that this guy was actually involved in the bitcoin creation.
Can’t help but feel like it is all done deliberately to influence a so called “overton window” of the masses so to speak and influence what is discussed or presented to the masses but maybe I’m over analyzing it. Either way definitely seems interesting this guy is supposedly a depraved individual who conveniently knew all this high profile people and also apparently was some kind of math and finance wiz and was consulted during the financial crisis form jail – truth is stranger then fiction or what?
I guess the other angle – and not saying this guy wasn’t a bad guy but it does kind of feel like if one was a highly inteligent white man and “they” decide he is no longer useful or a existential threat – seems like it would not be hard to eliminate or completely smear the persona of them and I think that could potentially happen to any one of us.
We can summarize it as the externalization of the hierarchy!
Well said.
Silver off and running again!
He is a Rothschild.
I have read an article on CNBC about why Trump chose Kevin Warsh. Here is the article:
https://www.cnbc.com/2026/01/30/who-is-kevin-warsh-trumps-fed-chair-pick.html
It is now making sense to me. Trump chose this guy despite being a traditional hawk because of his experience through the 2008 crisis. This guy was chosen more for his experience than his ideals which may not agree with Trump’s talk.
This should be telling to all of us that Trump and other people up top see an oncoming major financial and perhaps geopolitical event. They need a Fed chairman with experience to deal with a crisis. So heads up everybody. When a leader takes the contra to their words and actions it is a heads up that they are not in control and/or see something coming up that is beyond their control.
Then again Trump does talk up a game. I think Trump is set up to oversea the dismantling of the USA and dismantle any opposition to the Democratic party.
Still trying to figure out why he was picked. It seems to go against what Trump was trying to achieve.
I hear you. Trump either sees something big in the works or it is a big TACO. If it is a TACO then Trump was probably cornered to pick Warsh.
I am passing this along, more as a curious coincidence. The article notes societal event similarities between 1968 and 2026 (all engineered of course). Another similarity not mentioned is that the RSI for Gold hit 94 in 1968 and 95 in 2026.
https://www.space.com/space-exploration/artemis/nasas-apollo-8-moonshot-saved-1968-could-artemis-2-do-the-same-in-2026
Oh yeah, Wiseman, Koch, and NASA head Isaacman 🚀🔯
Very good analysis of similarities. Some of us remember 1968 as a very tumultuous time with the anti Vietnam war protests some of which were violent. There were also the ghetto riots after the assassination of Martin Luther King. In addition, Robert Kennedy was assassinated that year.
Didn’t you hear that the Moon landing was faked!
The trade deficit came in worse than expected last month. It will be interesting to see the longer term trend. Will it fall back into the existing range or will it remain smaller over time?
-$56.8 bil vs -$49 bil estimate
As of now, it looks as if the sharp reversal on the trade deficit may just be a result of the massive trade deficits that accrued when Trump first assumed office this year.
If the deficit widens again, then Trump’s trade policies are hot air, full of headlines, for voter consumption.
Kevin Warsh may be Trump’s Paul Volcker. Jimmy Carter chose Paul Volcker and he choked the economy by raising Fed Funds rate several times over. Volcker was chosen out of desperation.
Warsh may have been chosen due to behind the scenes orders from other parties as they know something that is not told to the public. In the public monkey mind eye this is another TACO by Trump, but behind the scenes it may be a masterful move.
Panama drives Hong Kong billionaire out of canal ports in win for Trump
London Telegraph
A Hong Kong billionaire is set to lose control of two key ports in the Panama Canal, sealing a victory for Donald Trump as he seeks to break China’s grip on the trade artery.
Following a ruling by Panama’s supreme court, Li Ka-shing’s CK Hutchison empire has been told its contract to run the Balboa and Cristóbal ports is “unconstitutional” and void.
The lawsuit, which warned of financial “irregularities”, was brought by the Panamanian government in the wake of massive political pressure from Mr Trump.
It will be seen as a boost to the US president’s “Donroe doctrine”, aimed at reasserting Washington’s geopolitical dominance in the Americas.
Mr Trump had threatened to seize control of the canal after complaining of “rip off” fees and the growing control of Chinese entities over the waterway – widely regarded as one of the most important trade routes.
CK Hutchison has run the ports via concession since 1997. It had already responded to the criticism by proposing a $23bn deal to sell 43 ports around the world, including the two in the canal, to a consortium led by US investment giant BlackRock.
But Mr Ka-shing’s move went down badly with officials in Beijing, who characterised the deal as a betrayal in state media and demanded that China’s state-owned giant COSCO Shipping be brought in as a major investor.
This was held up by Washington as proof of Chinese state influence over the canal.
Such concerns were then followed by the Panamanian government launching a lawsuit against CK Hutchison over claims of financial irregularities.
Article continues
https://www.telegraph.co.uk/business/2026/01/30/panama-drives-hong-kong-billionaire-out-of-canal-ports/
The precious metals had a fever dream. The synagogue makes a statement.
Silver is back to a 60 to 1 ratio. If it keeps this up or goes to 70 to 1, that’s tempting! I suspect this is a temporary set back. The fundamentals have not changed, so as you said, the SOS has struck! I wonder if Comex has adjusted the rules again. Those in paper gold and silver are the real losers.
We have to keep in mind that the synagogue let gold run up like in 1980 and in 2011. After that they beat it down from an ever higher price. Same goes with silver. I just like to temper enthusiasms. I personally thought the price of silver had gone bonkers.
Right! The Hunt brothers tried in silver also. We will see what the coming week brings
Random thought: funny that these Democratic run states are also sanctuary states for illegals (read non white) and are also demanding that Ice be abolished! Gotta feel sorry for all those “peaceful” protesters!
This is apparently a post from Bill Ackerman, BREAKING: A senior Iranian official confirms that the U.S. and Israel have decided to attack Iran.
If true, there are reports of ships and aircraft reporting loss of GPS and radar anomalies in the Person Gulf. We will see.
You know who owns most of the gold?
I’ll tell you one thing. China is loading up on gold at least nationally. As long as the synagogue is in control, they are the ultimate owners of this world.
BTC. Oh the humanity!
Everything is getting clobbered!
Except my trading account!🤑🏧
Check out that 2x long MSTR etf.
There’s an overriding reason why Bitcoin is getting clobbered and it is more of an intermediate term thing. The Democrats are going to win big this November and that is a definite bearish signal to cryptos.
And that my friends will be a gut wrenching nightmare!
It sucks that the Democrats will win this November but I think you are right.
I can feel it. The USA is on a downward spiral.
That could be. Ben Garisson would disagree and has been very accurate at predicting election outcomes.
https://grrrgraphics.com/predicting-a-golden-future-for-america/
Stone what’s your take on Trump choosing Kevin Warsh to be the next Fed Chairman. Seems very inconsistent with Trump demanding lower interest rates. Maybe Trump has a deal with Warsh to do his bidding? Maybe Trump is taking orders? Very confusing.
Warm and hot prices data.
Core Durable Goods Orders (MoM) (Nov)
Act: 0.5% Cons: 0.3% Prev: 0.2%
Durable Goods Orders (MoM) (Nov)
Act: 5.3% Cons: 3.1% Prev: -2.1%
Durables Excluding Defense (MoM) (Nov)
Act: 6.6% Cons: Prev: -1.3%
Goods Orders Non Defense Ex Air (MoM) (Nov)
Act: 0.7% Cons: Prev: 0.3%
Looks like Strategy might have to sell bitcoin soon like you had mentioned awhile ago. https://finviz.com/news/292385/strategy-stock-sees-selling-pressure-as-bitcoin-dives
My contention with Strategy was that the CEO kept trumpeting each purchase as to make a statement, rather than being strategic. I guess there’s a pun intended on that. The strategy of Strategy was to announce to the world how Bitcoin was going to keep moving higher. And it seemed the CEO surrounds himself with Yes Men.
Unfortunately, the CEO falls into the trap of many other traders who play with other people’s money. I’m not saying that Bitcoin is not going higher ever again, but the entities who were leveraging their balance sheets to buy at ever higher prices are coming to the realization that they may have to continue delevering.
Ipso facto, MSTR is a dog. My concern is that there is still a lot of denial out there and we still may see Sharp drops in BTC.
Kevin Warsh next fed chair. Funny, he doesn’t look druish!
The Cain clan have recently been getting either crypto Edomite Jews or outright goy who will take the blame. We can throw tomatoes at the Fed chair now, just like with any other politician. We couldn’t do that with Greenspan or Bernanke. Their media held them in high regard as wizards.
I guess it’s tough finding an Edomite Cain member as they all know what’s going on. They don’t want to be part of the ongoing shitstorm collapse.
By the way, I’m still long-term bullish on bitcoin, I just don’t want to own it in any other way than “physical”.
Warsh was born in Albany, New York,[13] to a Jewish family, the youngest of three children of Judith and Robert Warsh.
In 2002, Warsh married Jane Lauder, a granddaughter and heiress of Estée Lauder and long-time employee of the family business, the Estée Lauder company.
Lauder is the daughter of Jo Carole Lauder (née Knopf) and Ronald Lauder
Ronald Lauder was born in New York City to a Jewish family, the son of Estée Lauder and Joseph Lauder, founders of Estée Lauder Companies.
A long-time friend of President Donald Trump, Lauder has been credited with planting the idea of annexing Greenland in Trump’s mind.
That’s interesting. I didn’t think Warsh was someone Trump wanted as he’s expressed hawkish tendencies.
Now we know. I stand corrected. ✡️✡️✡️🕎🕎🕎
As Trump said, he’s from central casting. I’m sure Warsh has his marching orders, and will do his edomite duty!
I recently had a Jewish woman retire from my place of employment. Before she left she told me she was aware that I knew that Trump is just an actor, that we are in the end times and I understood who was running the show.
I believe the average Jew has much more knowledge than we are aware of.
EB, that is very interesting! Many of them are on a different wave length, if you know what I mean.
All Jews are definitely on a different wavelength than non-Jews. I have worked with Jews in the past and the one thing I noticed about all of them is that they use their Jewish faith to distinguish themselves from everybody else. They are also more focused on worldly, material things such as money, titles, education degrees than non-Jews. Many Jews tend to be non-religious and don’t believe in the most high God but they still see themselves as Jews versus non-Jews.
I hear you. Not the first time something like this has happened but I always find it interesting.
This woman is loved by everyone at work but I was always wary.
Sometimes it seems like the other side has more direct contact/direction than we have. I have however received guidance recently on something I have been seeking help with for years. I was very grateful to not only be given confirmation of what to do but the how and why.
I also had something else happen which appears to confirm Stone’s timeline.
I am now going to transition to working part time at the beginning of spring to get all of my ducks in a row.
It seems a given that btc is at least going to hit the Saylor 76k average level but question is if that will be the floor – any thoughts on a buy level? I haven’t been watching it closely but recently thought bitcoin was looking like a buy but now clearly with it dumping my thoughts were wrong
History tells me over the decades that I’ve been an observer and participant is one thing; just when you think things can’t get lower, they go lower.
Given the massive liquidation we’ve seen on the margin with gold and silver as well as Platinum, I would not want to catch this falling knife. My experience tells me that the bottom is not in. Based on the chart, I see 50k is a possibility.
I think of all of those pieces of garbage stocks that developed Bitcoin treasuries. They’re all going out. That was a very stupid thing for these companies to do and I bet you when Monday comes, they will reevaluate things. Ipso facto, I see further downside as deleveraging continues.
Yeah seems like it. I stumbled on this guy who actually gives some no nonsense chart analysis and he seems to be pretty much on the mark ahead of the drops first in metals and now crypto https://youtu.be/dOsyVC2dMvo
On silver, the one thing I notice is the Shanghai price as of Friday is about $30.00 dollars higher than the comex close wipeout which was mostly paper. That’s a big spread. Sunday night open will be interesting!
It seems very inconsistent for Trump to choose Kevin Warsh as the next Fed chairman. He has a history of being Hawkish while Trump has been begging for interest rate cuts. I don’t understand Trumps sudden shifts sometimes. The stock market doesn’t seem to like Trump’s pick either. In fact Trump dumped on Kevin Warsh in the past for being hawkish.
The only explanation for this is that Trump is taking orders from someone to pick this guy. Warsh is being set up to be the fall guy before everything falls apart for the great reset.
Trade deficit grew more than expected. A disappointment number here. Everything else is okay.
Continuing Jobless Claims
Act: 1,827K Cons: 1,860K Prev: 1,865K
Initial Jobless Claims
Act: 209K Cons: 206K Prev: 210K
Jobless Claims 4-Week Avg.
Act: 206.25K Cons: Prev: 204.00K
Nonfarm Productivity (QoQ) (Q3)
Act: 4.9% Cons: 4.9% Prev: 3.3%
Trade Balance (Nov)
Act: -56.80B Cons: -43.40B Prev: -29.20B
Unit Labor Costs (QoQ) (Q3)
Act: -1.9% Cons: -1.9% Prev: 1.0%
Headline factory orders definitely coming in hot. The rest of the numbers looking good as well.
Durables Excluding Defense (MoM) (Nov)
Act: 6.5% Prev: 6.6%
Durables Excluding Transport (MoM) (Nov)
Act: 0.4% Prev: 0.5%
Factory Orders (MoM) (Nov)
Act: 2.7% Cons: 1.7% Prev: -1.2%
Factory orders ex transportation (MoM) (Nov)
Act: 0.2% Prev: -0.1%
Wholesale Inventories (MoM) (Nov)
Act: 0.2% Cons: 0.2% Prev: 0.5%
Wholesale Trade Sales (MoM) (Nov)
Act: 1.3% Cons: Prev: -0.4%
I didn’t know that! HA! Poor Shakespeare!
https://www.standard.co.uk/news/uk/shakespeare-was-actually-a-black-jewish-woman-new-book-claims-b1268036.html
Wave of Suicides Hits as India’s Economy Is Ravaged by AI
Futurism
For decades, tech companies have relied immensely on India’s vast workforce, from entry-level call center jobs to software engineers and high-ranking managerial positions.
But with the advent of advanced AI, which has been accompanied by employers greatly cutting back on hiring with the hopes of eventually automating tasks entirely, India’s tech workers are having to cope with a vastly different reality in 2026.
As Rest of World reports, rising anxiety over the influence of AI, on top of already-grueling 90-hour workweeks, has proven devastating for workers. While it’s hard to single out a definitive cause, a troubling wave of suicides among tech workers highlights these unsustainable conditions.
Complicating the picture is a lack of clear government data on the tragic deaths. While it’s impossible to tell whether they are more prevalent among IT workers, experts told Rest of World that the mental health situation in the tech industry is nonetheless “very alarming.”
The prospect of AI making their careers redundant is a major stressor, with tech workers facing a “huge uncertainty about their jobs,” as Indian Institute of Technology Kharagpur senior professor of computer science and engineering Jayanta Mukhopadhyay told Rest of World.
Article continues;
https://futurism.com/artificial-intelligence/suicides-india-economy-ai
Stone and all. To continue my journey into the lineage of the Savior,
I have found some interesting genealogy. First Jeremiah 33: 17-18 For thus saith the Lord; David shall never want a man to sit upon the throne of the house of Israel;
18 Neither shall the priests the Levites want a man before me to offer burnt offerings, and to kindle meat offerings, and to do sacrifice continually.
These verses tie the royal line with the priestly line. Most focus just on verse 17. So, there is evidence that Jesus/Yeshua was from the Tribe of Judah and Levi. I have found a work called, The Royal House of Britain which indicates that Mattathias married the daughter of a Levite priest named Simon the Just. This would also explain why Mary was a cousin of Elizabeth of the house of Aaron. More to come.
Hebrews 4:14 Seeing then that we have a great high priest, that is passed into the heavens, Jesus the Son of God, let us hold fast our profession.
I did not interpret that meaning from v18. V17 clearly refers to YHVH in the flesh, V18 refers to the end of the sacrificial system (the daily in the book of Daniel) – what sacrifice could match the superior sacrifice of YHVH in the flesh? Daily or continual sacrifice would be over.
Continuation of the daily negates the attonement of the sacrifice of Christs blood, The preistly class in that regard was finished. The tradition carried forward in an apostate way in Pergamos at the Seat of Satan – an altar set up by the Synagogue of Satan (The ruins of it are still there, simply a slab now). The Babylonians would have known (either by understanding Jerimiah, or through their Cainite/Edomite knowledge and power) there would be an opportunity to abscond with the sacrificial system before their preistly class fled to Pergamos.
Agreed that the sacrificial system is no longer in effect. I would say the verse in 18 merely ties the priestly with the royal. Another interesting outcome; if one looks at the succession of high priests from the tribe of Levi your led to Simon the just marrying into the line of Judah. This line leads to Heli and Joseph of Arimathea, Mary’s uncle.
Psalm 110:4 The YHVH has sworn and will not change His mind,
“You are a priest forever
According to the order of Melchizedek.”
Melchizedek is both a king and priest. The book of Hebrews has much to say on this topic.
Ha ha ha! Get ready for housing bubble 2.0.
Congress discussing reducing or eliminating capital gains taxes on owner-occupied real estate altogether. The last time Congress passed a reduction in the capital gains taxes for owner occupied housing was in 1997. In 1998, the last bubble began to form as property owners became speculators.
Keep in mind the US government needs ever higher real estate prices and it seems both sides of the aisle are encouraging it.
__________
How Capital Gains Tax Update Could Change Housing Market
Newsweek –
Several proposals currently gathering momentum in Congress to eliminate or revise the capital gains tax could incentivize more homeowners to list their properties, experts say, potentially boosting the sluggish housing sector.
This is according to a report from Realtor.com, based on conversations with lawmakers at the National Association of Realtors (NAR) policy forum in Washington, D.C., last week.
“Roughly a third of all homes that could be on the market could be subjected to that tax and it’s locking people in,” NAR chief advocacy officer Shannon McGahn said in the report. “It’s great to see that there’s bipartisan support.”
Why It Matters
Some experts tell Newsweek that an update to capital gains tax and its thresholds is long overdue, given that these were set in 1997, and that this could inject some energy into America’s subdued housing market. However, they acknowledge that such policies could have difficulty gathering sufficient support on Capitol Hill, as they could be seen as a “giveaway” to affluent homeowners at a time when much of the country is facing significant affordability strains.
What To Know
In housing, capital gains tax applies to profits made when selling a property. For primary residences, owners can qualify for the home-sale exclusion of up to $250,000 of net gain for single filers or up to $500,000 for married couples filing jointly.
However, as Realtor.com notes, these limits have not been changed or adjusted for inflation in nearly three decades, prompting some lawmakers to propose changes that would “encourage more long-term homeowners to sell without being slapped with a huge tax bill.”
Article continues:
https://www.newsweek.com/how-capital-gains-tax-update-could-change-housing-market-11430303
Regarding the transformation, it seems the world is losing more confidence in the fiat system, not just the dollar. The dollar is the cleanest dirty shirt in the laundry and smart money is in hard assets, as you have pointed out many times. I’m guessing there will be a period of destabilization before the digital system is implemented. Stone, how do you see the transition happening?
Out of chaos, comes order.
What is the chaos? It’s already happening. It will accelerate and will include a global conflict.
Ordo ab chao
Don’t ever think that the Cain clan is losing control. For well over a hundred years, the futurists specifically discussed the events of this time.
The prerequisite global wealth and power have been accumulated and consolidated. These elites used their system to specifically engineer this amazing feat. Now they can burn the bridge behind them and let us deal with the consequences.
Break away civilization. Modern replay of Edwardian times. It rhythms.
GOOG is the All-Seeing eye for the new world order. It is now a $4 trillion company.