Insiders are now selling their shares of stocks. Peter Thiel, Jeffrey Bezos and Mark Zuckerberg are leading the parade of corporate insiders selling stock this quarter.
The question becomes: Are they in a panic? Is this a sign that the recent market exuberance could be peaking? Here’s more from The Money GPS.
The Money GPS warns that the spark has been ignited and stay tuned for a wild 2023 in the financial markets. He says a multitude of inflationary forces and the direction of China’s economy will be key factors in what could be the creation of mass inflation. Here’s his report.
The wild swings in inflation are more serious than you would imagine. David Quintieri, of The Money GPS, says oils and commodities are skyrocketing, many are unable to pay their debt, the cost of goods is accelerating faster than their ability to earn and the real estate sector is on red alert. “The U.S. consumer is maxed out,” he says. Here’s his report.
Footage and photographs from the bygone golden era of the Golden State. Near the end are just a few images of what California has become – but not does accurately portray the true mess that California is really in. The situation is very bad and will only get worse. For the Golden State, it may be too late, but for the rest of the United States it doesn’t have to be. What has happened to California should be an indicator of what is to become of the rest of the USA if it run by socialist liberals. We must protect the country and its people from those who wish to destroy everything we hold dear.
If California is viewed as a window to America’s future, we are headed toward ugly times. The Democrats who run the state have turned it into a magnet for the poor, as they can receive much higher benefits than they get in other states. So the poor are flocking to California, and the middle class are leaving. Already it is America’s most unequal state, the place with the greatest disparities between poor and the super-rich, who remain. More from Black Pigeon Speaks.
The move out of California has turned into a mass exodus. Not only taxes already high and skyrocketing, but there’s an enormous increase in the cost of living. The Money GPS says the biggest beneficiary is neighboring Nevada, receiving 25,000 to 50,000 incoming Californians every year.
Empty space in US regional shopping malls has hit a new six-year high. The malls have been hit by massive store closures, driven by more customer shopping online. The Money GPS covers the changing retail dynamics, and wonders: “Can you guess the only company opening stores?” Actually, it’s not the only company but has opened nine times more stores than anyone else.
Give up? It’s Dollar General, with 900 openings, far exceeding the 90 stores opened apiece by the GAP and Walmart.
