Lol. FJBha ha, the Uniparty thinks they can threaten the world...silly and btw the BRICS summit isn't until August so there won't be some weird BRICS currency created overnight.
Karine Jean-Pierre: “We are deeply concerned about the transition of Brazil and China to national currencies when conducting mutual settlements. This is a violation of the rights of our citizens who rely on a stable dollar exchange rate on the world market . America will not allow other countries to dictate their terms to it in mutual trade. We want to warn that the violation of the rights of ordinary Americans will not remain without consequences for these countries."
and if we weren't facing enough crises there's a disaster heading toward us in the national trucking industry. with inventories at record highs there's less to transport and with all the new fleets that came in to hit that sweet post-covid surge tender reject rates are at an all-time low. That means nobody is turning down any load no matter the cost with some even accepting loads as low as $1.16-$1.20/mile which is half or even 1/3 what they've been used to. Now toss in the coming oil squeeze which will shoot up diesel prices and you've got a "Great Purge" coming to the trucking sector.
www.freightwaves.com
The freight market downturn is a year old. When will the market turn around?
It has been a year since I wrote “Why I believe a freight recession is imminent.”
www.freightwaves.com
March was the 8th consecutive month of decreasing ISM New Orders. None of the 6 largest manufacturing sectors have increased orders this year. Bad news is this is a major indicator of oncoming deep recession. Good news it also means lower costs of goods and decrease inflation is next.
ISM New Orders are at 2009 lows "Other indicators are similarly depressed, save for an uptick in inventory levels among manufacturers’ customers...(which is) additional source of downward pressure on industrial demand"
@FreightWaves
ISM New Orders are at 2009 lows "Other indicators are similarly depressed, save for an uptick in inventory levels among manufacturers’ customers...(which is) additional source of downward pressure on industrial demand"
@FreightWaves
today the Biden Administration did their revision project on unemployment numbers. remember The Fed, Wall Street, and companies base a lot of decisions on accurate info but this clownshow is completely out of control
the unemployment numbers, of course, were all lowballed when originally presented. The updated numbers?
4 weeks ago = up 38k
3 weeks ago = up 56k
2 weeks ago = up 48k
so yeah they just added nearly 150k to the unemployment claims number and made sure they never reported more than the magic 200k new claims in a week even though each of these revised week are at least 230k
this shit is sickening
the unemployment numbers, of course, were all lowballed when originally presented. The updated numbers?
4 weeks ago = up 38k
3 weeks ago = up 56k
2 weeks ago = up 48k
so yeah they just added nearly 150k to the unemployment claims number and made sure they never reported more than the magic 200k new claims in a week even though each of these revised week are at least 230k
this shit is sickening
Apr. 15, 2023 4:15 pm
339 Comments
Apr. 15, 2023 3:45 pm
339 Comments
Inflation Bites: Americans Cut Back On Spending In Multiple Industries
ProTrumpNews StaffApr. 15, 2023 3:45 pm
