Initial & Continuing Jobless Claims Increased Last Week; Goldman Estimates
Initial & Continuing Jobless Claims Increased Last Week; Goldman Estimates Goldman Sachs economics research group estimates that seasonally adjusted initial jobless claims increased to about 228k for the week ended November 1st by combining the Department of Labor (DOL)’s pre-released seasonal factors with this afternoon’s release of state-level claims. While the DOL is not producing any […]
Disagreements Emerge Over US-China Rare Earth Deal, As US Adds Uranium, Silver To Critical Minerals List
Disagreements Emerge Over US-China Rare Earth Deal, As US Adds Uranium, Silver To Critical Minerals List Two days ago, when discussing China’s surprising announcement that Trump should not cross four “red lines” (including i)Taiwan, ii) democracy and human rights, iii) China’s political system, and iv) development rights) or risk a collapse of the trade truce, […]
Pirates Attack Tanker Off Somalia Coast
Pirates Attack Tanker Off Somalia Coast Maritime journal Lloyd’s List reported early Thursday that the Malta-flagged tanker Hellas Aphrodite was boarded by suspected pirates off the Somali coast. This maritime incident comes just days after another attempted hijacking of a commercial vessel in the region. Pirates have boarded Malta-flagged Hellas Aphrodite, a product tanker, off the […]
When Debt Meets Diamond Hands
When Debt Meets Diamond Hands Submitted by QTR’s Fringe Finance These lessons go for pretty much any asset class, but where I’ve noticed the largest concentration of inane theories, economic non-sequiturs and general outright confusion is among the most hubris-laden speculators in the market, the Bitcoin crowd. I own some Bitcoin and would love it just as […]
US Household Debt Hits Record $18.6 Trillion As Student Loan Defaults Explode
US Household Debt Hits Record $18.6 Trillion As Student Loan Defaults Explode The NY Fed published its Quarterly Report on Household Debt and Credit. Surprising exactly no-one, the report showed that total household debt increased by $197 billion (1%) in Q3 2025, to a new record high of $18.59 trillion. split between $13.5 trillion in […]
Novo Roundtrips GLP-1 Craze Ahead Of Earnings As Goldman Maps Out Next Wave Of Obesity-Drug Catalysts
Novo Roundtrips GLP-1 Craze Ahead Of Earnings As Goldman Maps Out Next Wave Of Obesity-Drug Catalysts The rollercoaster ride of the GLP-1 craze and bust cycle for Novo Nordisk A/S shares has been wild to observe over the last several years. The stock has since returned to roughly pre-GLP-1-boom levels, down 50% year-to-date amid intensifying obesity-drug competition […]
Where US Families Are Most Strained By Debt
Where US Families Are Most Strained By Debt Americans are always worrying about debt: their own and their government’s. This visualization, via Visual Capitalist’s Pallavi Rao, maps each state by their household debt-to-income ratios (DTI) in Q1, 2025, revealing which states carry the heaviest burdens and which ones keep borrowing in check. Data for this visualization comes […]
These Are The World’s Biggest Gold Mines
These Are The World’s Biggest Gold Mines Driven by geopolitical tensions, economic uncertainty and sustained central bank buying, the price of gold reached record levels, gaining nearly 60 percent this year to pass the $,4,000-per-ounce mark this month (closing price average from October 1st to 27th) before falling back to find support around $4000. The level of demand […]
Germany’s Debt Cannon Fails: Special Fund Fuels Bureaucracy, Not Growth
Germany’s Debt Cannon Fails: Special Fund Fuels Bureaucracy, Not Growth Submitted by Thomas Kolbe The German federal government is firing its big debt cannon at the ongoing recession. So far, with zero effect. Berlin is about to learn the hard way that you cannot create prosperity with a money printer. In March, the federal government […]
“Chilling Opportunity” Theme Heats Up: Goldman Forecasts Liquid Cooling To Dominate Data Centers
“Chilling Opportunity” Theme Heats Up: Goldman Forecasts Liquid Cooling To Dominate Data Centers Building on the “Chilling Opportunity” theme around data-center cooling and the rapid rise of liquid-cooling systems in AI server racks, Goldman analysts have raised their 2025-26 global server-cooling market estimates and introduced a new 2027 forecast, reflecting surging demand tied to the […]