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The sharpest signals, deepst dives and must-read reports from Citizen Watch Report.
Binance Directly Manipulated Asset Prices/Volume Via Wash Sales Through Its Subsidiaries
by 2ndSifter TLDR; In a turn of events that should come as a surprise to absolutely nobody, Binance was found to be directly manipulating volume/prices through wash sales by subsidiaries and investor funds. The referenced section is on page 65 of the document linked below. SEC Trial Document Specifically, the document states that Sigma Chain …
Stagnating Bonds and Market Zombiefication: The Lingering Effects of a Zero Interest Rate Environment in the US
by 21plankton Germany financial sector facing dark clouds, Bundesbank warns FRANKFURT, Nov 23 (Reuters) – Germany’s financial firms may be well capitalised now but face challenges ranging from rising interest expenditure and weak loan demand to unrealised losses, Bundesbank Vice President Claudia Buch said on Wednesday. Interest rates have risen at the fastest pace on …
J6 political prisoner Jake Lang spends third Thanksgiving in DC gulag, still without trial. Supreme Court to consider appeal from Jake.
“Exactly 317 J6 defendants were charged with obstruction of an official proceeding. One of the key figures in that case, @JakeLangJ6 , said his trial is still not set, but the U.S. Supreme Court will hear portions of his case before the regular trial goes to a judge. “The entire J6 community, this is what …
NVIDIA price and number of funds owning its stocks. Both on record highs.
by ChampionshipUsed9855 Another interesting point is that NVIDIA stock-based compensation equals 10% of its revenue. That is record high Pul/Call ratio on 2-year low:
People on X(Twitter) are saying the Swiss Giant Bank, UBS has collapsed. CEO in talks with buyer/rescue
Note the denial, meaning there is a problem…. 🤔🤔🤔 ZURICH, Nov 22 (Reuters) – UBS is one of the world’s safest large institutions, the Swiss bank's CEO said while speaking at a Swiss Risk Association event on Wednesday."Even in the unlikely event of something going wrong at UBS, we have enough cushion before even… pic.twitter.com/XflhUoPQlX …
MSM: Cardiac arrest affecting twelve kids a week. Major breakthrough on this crucial issue.
The charity Cardiac Risk in the Young estimates that every week, at least 12 people aged between 14 and 35 suffer sudden cardiac death – and 1 in 300 may carry the condition. A leading pathologist has told this programme they believe those figures are an under-estimate. The mother of one young woman who died …
Salesforce insiders actively selling stocks since June. By the moment sold $700 mln. Historically they had good timing
by ChampionshipUsed9855 Salesforce is a great company, but their stock price isn’t anything to get excited about. Insiders have been selling and the trend looks like it will continue. I wouldn’t recommend buying this stock right now. Here is monthly breakdown for last 18 months Disclaimer: This information is only for educational purposes. Do …
Warning: Reverse Repo Reservoir Dries Up, Bank Credit Contracts – Wall Street’s $2 Trillion Lifeline Drains Rapidly, Posing Questions on Financing Washington’s Deficits
The alarming contraction in bank credit, an event occurring only once in the past 50 years, adds a foreboding dimension to the rapid depletion of the 2 trillion-dollar Reverse Repo pot. As Wall Street grapples with financing challenges for Washington’s deficits, the ominous trajectory raises concerns about the stability of the financial system. At this …
Geert Wilders’ Landslide Win Fuels Speculation as Potential Prime Minister, Signaling Political Shifts and Surging Nationalist Sentiment in the West
The rise of Geert Wilders and the anti-immigration PVV party in the Netherlands, securing 35 seats and becoming the largest party, sends a powerful message about the growing influence of nationalist sentiments. In the face of his impending victory, the ban on Wilders from speaking about mass immigration in the U.K. in 2009 takes on …
Oil Prices Head for Fifth Weekly Loss as OPEC Meeting Delay Sparks Concerns Over Unity and Production Disagreements
As oil prices face their fifth consecutive weekly loss, a trend not seen since December 2021, the market reacts with nearly a 5% decline attributed to OPEC’s decision to delay their meeting. The reported cause, “production disagreements,” marks a notable crack in OPEC’s unity, the first sign of such strain since the pandemic began. Oil …
Disturbing Incident in Dublin: Foreign Intruder Stabs Multiple School Children, Prompts Calls for Urgent Action to Ensure Public Safety
The alarming incidents of multiple stabbings involving young school children in Dublin City Center have shaken the community. Witnesses describe a foreign man entering the school and attacking five children. BREAKING — HORRIFIC SCENES: Reports coming in multiple children stabbed on Parnell Square, north of O’Connell Street, Dublin. It’s been alleged a foreign national attacked …
Home prices rise, home sales hit 13 year low; Homebuilder confidence falls for 4th straight month.
via CNBC: Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down …
The Housing Collapse Will Wipe Out Millions Of Americans This Winter
https://www.youtube.com/watch?v=HcHekbE7_90 There was a time when the American dream included home ownership, but that dream has now become a nightmare for many. That’s because millions of Americans are going to see their home equity being wiped out by the imminent housing collapse. A report from credit analytics firm TransUnion found that the average U.S. household …
Pentagon Wants AI Weapons to Make Killing Decisions
– Lethal autonomous weapons, utilizing AI for target selection, are under development by countries including the US, China, and Israel. – Critics express concern over the development of “killer robots” that make life-and-death decisions without human input. – Several governments, including the US, resist binding UN resolutions restricting the use of AI killer drones, preferring …
Dallas Wholesaler Sounds Alarm on Car Industry Recession: Volume Plummets, Inventory Challenges, and Fraud Surge Paint a Bleak Picture
by Cr4ck3r51 I’m a wholesaler in Dallas , been in business for 11 years strictly in wholesale. We supply cars to local dealers, since September we used to run 130 cars a week and now we barely running 80 , we went from selling 80% of inventory to 20%-30%. Our volume went down, we can’t …
Fiscal Cliff Explained
Likely you’ve seen this but let’s hit it one more time. People can’t fathom the amount of debt the country is in and this is a little visual aid to help. DISCLAIMER: Numbers may not be up to date but it’s the thought that counts! h/t Txstyleguy
Caution Abounds in Equities: Declining Buybacks and Prolonged Earnings Downgrades Cast Shadows on Stock Market
The current VIX level of 13 reflects a hesitancy among investors to take a bearish stance on the prominent Big 7 stocks. Global corporate buybacks, on a downward trajectory since 2019 despite heightened volatility in inflation and interest rates, may indicate a erosion of savings. As downgrades to U.S. earnings estimates persist for nine consecutive …
Global Debt Soars to $310 Trillion as Gold Eyes Breakout, Analysts Brace for Unprecedented Market Shift
As global debt skyrockets to nearly $310 trillion and gold reclaims its position above $2,000, investor @Frank_Giustra warns of an impending crisis dwarfing the impact of the 2008 recession. With gold poised for a breakout from a triple-top formation and historical trends suggesting resilience during rate-hike pauses by the Fed, the stage is set for …
Economic Slowdown Looms: Companies Expected to Cut Back as Indicators Signal Decline, JPMorgan Forecasts Challenges Ahead
As economic indicators signal a slowdown and companies prepare to cut back amid diminishing business activity, the prospect of a similar raise to the previous year dims for many workers. With the CFNAI pointing to a slowdown in economic growth in October and JPMorgan forecasting declines in key economic metrics, the landscape suggests a cautious …
The French government is pushing for an outrageous law today, aiming to crush dissent by slapping hefty fines of up to 15,000 and the looming threat of jail time on anyone daring to criticize medical treatments.
by pacmanpill Note how it says “according to current medical knowledge”, which basically, can be anything right or wrong – just what the “experts” believe. Well played, Machiavelcron. Caption: french https://www.senat.fr/leg/pjl23-111.ht… Caption: english https://www.senat.fr/leg/pjl23-111.ht…
Public Resistance Grows: Americans Oppose Big Tech/Govt Censorship, Express Concerns Over Online Liberties and Quarantine Measures
‘Democracy Dies In Darkness’? Democrats Overwhelmingly Back Big Tech/Govt Censorship “Americans have come to realize that being online can mean having your speech rights curtailed. But that doesn’t mean they like it. Indeed, they mostly oppose the idea, in particular when it’s Big Tech and Big Government censoring together, according to the latest I&I/TIPP Poll. …
More Problems With The Banks: JPMorgan Chase, Bank Of America And Wells Fargo Have All Had Their Ratings Downgraded
by Michael There is a reason why I am watching the banks so carefully. The banks are the beating heart of our economic system, and so if they get into big trouble we will all feel the pain. That is precisely what happened in 2008, and that is precisely what is happening again right now. …
Rents have declined only once – and then only at (0.1)% – yet economists keep predicting it will happen to cool inflation.
by mrmrmrj Here are some recent “news” articles: https://www.cnbc.com/2023/09/08/apartment-rents-on-verge-of-declining-due-to-massive-supply.html Rents in August were just 0.28% higher than August 2022, according to RealPage. Compare that to a year ago, when rents were posting 11% annual growth. The number of new units being built is at a 50-year high, with more than 460,000 being completed this year …
Upper middle class are struggling.
Trend emerging… Excess savings gone. Lag effects feeding through. Student loans back on. pic.twitter.com/1hjq2GnH7Q — Geiger Capital (@Geiger_Capital) November 21, 2023 Best Buy cuts sales forecast, as holiday shoppers hunt for deals. “CEO Corie Barry said consumer demand ‘has been even more uneven and difficult to predict.’”
S&P 500 Short Interest at Historic Lows
As the S&P 500 stock short interest continues to linger near historic lows, signaling an unprecedented lack of bearish bets, concerns heighten over the market’s vulnerability to a correction. The persistently low levels of short interest imply a market sentiment that is overwhelmingly bullish, raising alarms about a potential overbought condition. Investors are left grappling …
Interest on National Debt Approaches 100% of Personal Income Taxes
As the U.S. government collects approximately $2.5 trillion annually in personal income taxes, a staggering 40% of that sum, equivalent to $1 trillion, is already allocated to servicing the interest on the national debt. The ominous trajectory continues as interest payments swell due to the maturation of older, low-interest debt being refinanced at higher rates, …
Regulators Warn of Excessive Risk in Treasury Market, Fear Disorderly Unwind Poses Threat to Financial Stability
US Treasury market debate around hedge fund collateral intensifies “NEW YORK, Nov 21 (Reuters) – As U.S. regulators ready rules that would push more trading in Treasuries to a central clearing venue, the industry’s focus is turning on a key question: how much collateral should hedge funds and others put up to trade there. At …
Just when we thought this week couldn’t get any crazier
Oh the irony considering he was instrumental in taking down SBF. CZ dumped the FTT token (which was FTX’s proprietary coin) which caused a run on the bank. FTX never had enough liquidity to pay everybody so they declared bankruptcy BREAKING: Binance's CZ, their CEO, is stepping down. He has plead guilty to money laundering …