Q4 GDP:

3.3% vs 2.0% exp.

The best GDP report a half a trillion dollar deficit in one quarter can buy!

What happened???

Our Hypocritical Elite:

'It turns out that the world's richest 1 percent emit about the same amount of carbon as the world's poorest two-thirds, according to an analysis from Oxfam International.'

Marie Antoinette but no cake🫡

zerohedge.com/political/tiny…

The circle of life

We covered our bond short.

✅​ ​ The three floating wind turbines at the Provence Grand Large project have now been installed, 17km off the coast of France!

With a total capacity of 24 MW, this pilot project will produce enough energy to power 45,000 households. 🏘️​

#FloatingWind #OffshoreWind

Mortgage demand is now at its lowest since 1995 as rates continues to skyrocket.

The average interest rate on 30-year mortgage just hit its highest since August 2000, at 7.88%.

Mortgage demand is even below the average levels seen in the 2008 crisis, as shown in red below.

She has two parents, both public school teachers, and points out what they were able to afford in the 1990s.

Compared to what the typical incomes are today and the cost of housing, there is just no comparison. The massive inflation of the real estate market (hard assets)

📢 Milestone achieved! The DolWin6 offshore grid connection in the German North Sea has been completed and handed over to our customer TenneT TSO .With our technology, 900 MW connection will supply more than 1 million households with green wind power! #energytransition

The 10-Year Treasury bond is down 3% this year, on pace for its 3rd consecutive annual decline. With data going back to 1928, that’s never happened before.

Video: youtube.com/watch?v=mrgnzt…

🇳🇴 Norway's first and the world's largest floating offshore wind project, Hywind Tampen, has been officially inaugurated.
⚙️ Equipped with 11 Siemens Gamesa SG 8.0-167 DD turbines, this project will help to curb greenhouse gas emissions in the country #WindEnergy

Robin Williams making fun of Joe Biden is priceless 🤣🤣🤣

Housing cost from 1995 vs 2019 vs 2023 🚨🚨🚨

Great video walking thru the pricing and income. Explains why the last 4 years have been a huge change in the housing market.

🔊

What inspired human beings to create art like this?

'The consumer is strong'

Financial knowledge is Cyclical.

”Higher inflation and capital costs are affecting the entire energy sector, but the geopolitical situation has made offshore wind and its supply chain particularly vulnerable. Overall, we see cost increases up to 40%,” Vattenfall Group said #offshorewind
shorturl.at/uzACK

Howard Marks:

'When markets are at extreme highs or lows, the essential requirement for achieving a superior view of their future performance lies in understanding what’s responsible for the current conditions.  Everyone can study economics, finance, and accounting and learn how

Inshallah it will be alright