Independent thinking for complex markets and current events
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
Italian Foreign Minister Antonio Tajani has posited, during the Munich Security Conference on Saturday, that granting Ukraine membership into NATO, while engaged in a war with Russia, is “dangerous for everybody,” explaining that “for a full member of NATO this would mean World War III.” However, Tajani asserted that NATO is “working on having Ukraine …
Aimed to prepare for a potential war with Russia, NATO’s Steadfast Defender exercises have become the alliance’s largest military drills since the Cold War, NATO’s Military Committee Chair, Admiral Rob Bauer, told the Financial Times. The experience gained during the Steadfast Defender exercises is expected to form the basis for NATO’s plans to deploy and …
Inflation coming back like it was 2023. Shipping costs are rising fast amid geopolitical tensions pic.twitter.com/RI2bzGFKbo — Win Smart, CFA (@WinfieldSmart) February 17, 2024 h/t Tonight We Ride!
A small minority of asylum seekers have come to america seeking something other than the american dream. They do not represent the thousands who’ve come here seeking a better life, however their presence is being felt across the city, and the police are playing catch up.
The rise of defaults and bankruptcies are just in the early stages. Plus, the dollar exposure is gigantic (CRE alone is $1.2T of distressed assets). Numerous small & medium size banks failures are coming to a community near you. — cynical1 (@eb10s) February 17, 2024
Norway has agreed to help transfer frozen tax funds earmarked for the Palestinian Authority that were collected by Israel, the Norwegian Foreign Ministry says, providing vital funding to the Western-backed entity. “The temporary scheme will play a crucial role in preventing the Palestinian Authority from collapsing financially,” the Norwegian ministry says in a statement. https://www.timesofisrael.com/liveblog-february-18-2024/
BURNSVILLE, Minn. (FOX 9) – Several Burnsville police officers were shot — two officers and one firefighter-paramedic were killed — while responding to a domestic call on Sunday morning. Authorities say police were called to a home on the 12600 block of 33rd Avenue South at 1:50 a.m. Sunday on a report of a domestic …
The internet has been left bitterly divided after a podcast guest claimed that men who make under $50,000 a year should not go on dates. Talitha Troupe, from Atlanta, appeared on a recent episode of the Pour Minds podcast alongside cohosts Andrea and Lex P – who do not disclose their last names. The dating …
On Friday, seven national and over 200 local labor unions in the United States announced the formation of a coalition aimed at advocating for a ceasefire to end the genocidal war in Gaza. The American Postal Workers Union (APWU), the Association of Flight Attendants, the International Union of Painters and Allied Trades, the National Education …
The U.S. Air Force needs to pair its manned combat aircraft with next-generation drones—known as collaborative combat aircraft (CCA)—to gain the air superiority needed in a war against China’s communist regime, according to a recent report by the Washington-based Mitchell Institute for Aerospace Studies. The report, based on wargames run by the Mitchell Institute in …
Greetings, patriots. I had the pleasure of being interviewed by AJ Steel of the AJ Steel Show about my 7 weeks spent camped on the border in Lukeville, Arizona. Steel is a legal immigrant who became a U.S. citizen, went to college, got a great job, and became a millionaire. He has a super-amazing story …
A south Chicago suburb is under the spotlight for possible corruption after its mayor was accused of lavishly spending money on luxuries while the Village of Dolton wallows in serious debt. Dolton Mayor Tiffany Henyard has come under scrutiny for making very questionable spending decisions as mayor even as the village’s bills are going unpaid, …
https://archive.is/ijwJJ https://www.nytimes.com/2024/02/16/opinion/ezra-klein-biden-audio-essay.html
Analysis of the immigration provisions in the Senate’s supplemental spending bill explained numerous conceptual and operational problems with the proposal that have been described by my colleagues, here. Less attention has been given to the spending provisions. Even though the immigration provisions may be off the table now, Congress still has to pass the annual appropriations …
It’s day 2 of the trial of the century- Fani Willis and Lover Boy. And today, Fani sent in her daddy, a former Black Panther. Fani’s daddy is a performer, insists cash is a black thing and apparently knew covid was coming before Fauci. It’s day 2 of the trial of the century- Fani Willis …
Fulton County District Attorney Fani T. Willis (D) walked into the Georgia courtroom Thursday afternoon where lawyers were arguing over whether she would have to take the stand. It was the back half of the long day’s hearing on whether Willis should be removed from the sprawling election tampering case her office has brought against …
Beyoncé was compared to a dog marking its territory by actor and singer John Schneider. The 63-year-old Dukes of Hazzard star — who said President Joe Biden ‘should be publicly hung’ — made the graphic analogy during an interview with conservative network One American News. During the discussion he was asked about his thoughts on …
https://twitter.com/Chicago1Ray/status/1758674105446838535 🚨BREAKING: Truckers across the country are staging a MASSIVE protest after Judge Engoron ordered Trump to pay $364 million to the state of New York. Do you support them? pic.twitter.com/5mmXXFxofw — Ian Jaeger (@IanJaeger29) February 17, 2024 h/t dr0id
The US economy is headed for a recession in the middle of 2024, Citi’s chief US economist said. The economic data seems strong but is hinting at signs of a decline, as seen in the latest jobs report. Credit-card delinquency rates are also on the rise, and retail sales data has shown a drop in …
The family of a 19-year-old UC Berkeley freshman is mourning his death after he was found unresponsive in a college dorm, possibly due to a drug overdose. Marco Troper, who was in his second semester at the university, died Tuesday, his grandmother Esther Wojcicki posted on social media. Troper, a math major, was the son …
The Food and Drug Administration has issued warnings about a potentially addictive dietary supplement that’s widely available in the U.S. “Neptune’s Fix” is often sold as a supplement and features an ingredient called tianeptine, popularly known as “gas-station heroin.” Ali Rogin reports.
“Today’s line at NYC’s migrant re-intake center for housing in the Lower East Side as local activists continue to serve meals. Single adults must reapply for shelter every 30 days, 60 days for families. Some far-left city council members are trying to pass legislation to remove the cap on stays at city run shelters. From …
A new U.S. law has eliminated the requirement that drugs in development must undergo testing in animals before being given to participants in human trials. Animal rights advocates have long pushed for such a move, and some in the pharmaceutical industry have argued that animal testing can be ineffective and expensive. Sen. Rand Paul, R-KY, …
According to a recent study, four in five Americans tested positive for an agricultural chemical found in several wheat and oat products, including brands like Cheerios and Quaker Oats. The peer-reviewed study, published in the JESEE journal on Feb. 15, looked at urine samples from American citizens to determine their exposure to chlormequat chloride—a plant …
Yesterday I personally interviewed a Bud Light truck driver in New York and he confirmed the damage from the boycott is MUCH WORSE than is being reported. His sales are DOWN 90% (or in a good week 86%) on his route and has ZERO expectation sales will improve before he retires in the next SIX …
via Bloomberg: Fears of a systemic credit event are growing among fund managers as alarms sound in property markets around the world. About one in six of those polled considers such a crunch to be the biggest tail risk facing markets, compared to about one in 11 in December, according to Bank of America Corp.’s …
New York State becomes ‘legal banana republic’ – Prepare for mass exodus of businesses from NY via Foxnews: Legal experts analyzed what they called “breathtaking” civil penalties against former President Donald Trump, Donald Trump Jr., Eric Trump, former Trump Organization Comptroller Jeffrey McConney and ex-CFO Allen Weisselberg – warning other corporations based in the Empire …
Roland Fryer was a tenured Harvard professor at 30 – was told NOT to publish a research paper that found no racial bias in police shootings. These Marxists do not care about the truth. The care about the narrative because the narrative is what gives them power, which is what they really care about. This …
About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was previously a deputy director in the International Monetary Fund’s Policy Development and Review Department and the chief emerging market economic strategist at Salomon Smith Barney. The world economy is in trouble. Not only are there clear indications of a …
