US households’ stock allocation hits all-time high at 43.4%, surpassing 2000 Dot-Com Bubble by 5 points. Is smart money running to the exit?

⚠️US HOUSEHOLDS STOCK ALLOCATION HIT A NEW RECORD⚠️ Americans' exposure to stocks as a % of financial assets rose to a record 43.4% in Q3 2024. The percentage has DOUBLED over the last 15 years. It has now surpassed the 2000 Dot-Com Bubble levels by 5 percentage points. pic.twitter.com/2cegQ67N3s — Global Markets Investor (@GlobalMktObserv) December …

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Major insurance company to drop all condo policies in California

Major insurer Liberty Mutual is dropping all its condo policies in California, it has announced. The company, which is the fourth-largest home insurer in the state, has told regulators that it will stop offering new condo and renter policies next year. Existing policyholders will then see their coverage axed in 2026, according to filings with …

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7 Reasons NOT TO Buy A House In This ECONOMY!

There are seven very important reasons you should not be buying a home in this economy, especially going into 2025. There is a lot of uncertainty surrounding the future of the US economy and you have to ask yourself if you really want to be a new homeowner saddled with a whole new set of …

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Censorship at Georgetown: A departmental journal editor says the quiet part out loud, and the professors applaud.

It’s rare to see such overt ideological censorship in print. Most academics know enough to couch their partisanship in comments about the quality of citations or the need for more data. But Click is just a symptom of the wider problem. She has grown up in a department and in an American history profession where …

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Women Who Crushed Animals to Death With Her Feet For Dark Web Videos Denied Bail

A Winnipeg woman accused of crushing animals to death with her feet for videos she and her boyfriend then allegedly sold was denied bail Friday, following a lengthy hearing in a Manitoba court earlier this week. Irene Lima and Chad Kabecz were arrested and charged with several animal cruelty offences in October, after the provincial …

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Nomi Prins: Extreme Wealth Inequality

The collective net worth of America’s top 12 billionaires now surpasses $2 trillion. Their combined wealth increased by more than $1.3 trillion, or 193 percent, between March 2020 and December 2024. https://t.co/SNS5Rgm7KO — Nomi Prins (@nomiprins) December 20, 2024

Fed’s Favorite Inflation Indicator Holds At 7-Month High

The Fed’s favorite (until it starts rising) inflation indicator – Core PCE – printed cooler than expected for November (+0.1% MoM vs +0.2% MoM exp) which held it steady at +2.8% YoY (below the expected 2.9%) – tied for the highest since April… Source: Bloomberg However, Headline PCE rose to +2.4% from +2.3% – its …

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Bitcoin prices may drop $20,000 as global money supply declines. Below $96,700 for 72+ hours signals imminent decline, future looks bleak.

Bitcoin Keeping it simple Below 96700 for more than 72 hours and its lights out. Either way, its lights out in the not to distant future. pic.twitter.com/COraOh44fL — The Great Martis (@great_martis) December 21, 2024 will be zero soon https://t.co/1tVncx2mhD — Martin Shkreli (@MartinShkreli) December 21, 2024 Who farted? Guess who's next? pic.twitter.com/9EbuQT0vKn — The …

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If Michael Saylor is a genius, why does he need to keep telling people to buy his stock and borrow massive amounts of money? If Bitcoin collapses he faces a massive margin call from his lenders. No one will lend him money, he can’t issue new stock.

I don't understand why people buy $MSTR instead of just buying $BTC. — HayderTrader (@HayderTrader) December 21, 2024 https://twitter.com/FinanceLancelot/status/1870370239164166605 Bitcoin $BTC ETFs saw an outflow of $680 million on Thursday, the largest outflow in history 🚨 pic.twitter.com/PvAVtTFogQ — Barchart (@Barchart) December 21, 2024

Congressman — ‘Who gave you the right to take my picture, a–hole.’

Rep. David Scott (D-Ga.) went after a photographer outside the Capitol on Wednesday and shouted that he was an “a–hole” for capturing him on camera — amid mounting concerns about the eleven-term congressman’s cognitive fitness. Scott, 79, was being wheeled into the building by a staffer when Politico photographer Francis Chung began snapping pictures. “Who …

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Just copy Millei and you’ll be fine. It’ll only hurt at first.

Currency Tailspin Forces Brazil’s Leader to Do the Unthinkable: Cut Spending: Brazil’s currency plunges to lowest level in 30 years after breakneck spending on pensions and social services.   For months, Brazilian leaders have thrown almost everything they have in an effort to stop the country’s currency from a precipitous yearlong plunge. But nothing had …

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Joe Biden announces a final aid package of $1.2 billion to Ukraine.

Source – The Biden administration is planning to announce in the coming days its final aid package under the Ukraine Security Assistance Initiative (USAI) worth around $1.2 billion, Reuters reported on Dec. 20, citing unnamed sources. The U.S. provided more than $60 billion in military aid to Ukraine under the Biden administration. The USAI is a …

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Terrorist Attack in Germany, 11 dead 80 hurt, what now?

There are questions now in the German news about how this was at all possible, considering the police was pre warned that an attack at a Christmas market was imminent. The suspect is a Saudi national. Hmmm, terror suspects from Saudi Arabia, where have we heard that before? h/t Eurogal2023

New CEO closes ALL Party City stores after just 4 months. NO SEVERANCE, you’re all FIRED 5 days before Christmas!

What a failure…why take the job? Didn’t even give any severance. 🚨 BREAKING: Party City is closing ALL stores after almost 40 years in business! CEO Barry Litwin announced to corporate staff that operations are "winding down" IMMEDIATELY, with today being their final day. This marks the end for America's largest party supply retailer. pic.twitter.com/30tmqSbXFy …

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Bitcoin user paid $800,000 in fees to send $14,000

by solanawhale Not a scam. One incorrect click or incorrect value or incorrect decimal place and your entire life savings can be gone forever. In this case, the sender used a platform that allowed him to set his own fee payment to the miner. He likely either wanted to prioritize his transaction or wanted to …

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Dead people voting Democratic in PA? …SHOCKING!

🚨BREAKING: An employee of the far-left "New PA Project" was just charged for REGISTERING DEAD PEOPLE TO VOTE! Voter fraud is REAL. I bet President Trump won by an EVEN BIGGER landslide than he did. pic.twitter.com/cBQQ7BeDVg — Bo Loudon (@BoLoudon) December 20, 2024

Women Flee San Jose State Volleyball Team After Scandal-Plagued Season Involving Trans Player

San Jose State University has finally acknowledged that it has lost a significant number of women from its volleyball team amid the ongoing controversy over the school’s decision to include a transgender player. The mass exodus comprises at least seven players who have entered the college transfer portal and will leave the team after this …

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AMD is the biggest opportunity in the Semi space

by Euro347 To the victor go the spoils and AMD beat Intel, so now its time to reap the rewards of being the biggest in their space. I think Intel will be sold and parts of their business bought out by various companies and the Fab business separated from the chip side of things. Leaving AMD …

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Federal Trade Commission Announces Bipartisan Rule Banning Junk Ticket and Hotel Fees

The Federal Trade Commission today announced a final Junk Fees Rule to prohibit bait-and-switch pricing and other tactics used to hide total prices and bury junk fees in the live-event ticketing and short-term lodging industries. These unfair and deceptive pricing practices harm consumers and undercut honest businesses. “People deserve to know up-front what they’re being …

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