Independent thinking for complex markets and current events
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
HOUSTON — A 61-year-old grandfather filed suit against Sunglass Hut’s parent company EssilorLuxottica and retailer Macy’s after he was wrongfully arrested and jailed based on facial recognition software that identified him as the man who robbed a Sunglass Hut store. While he was being held, the man was sexually assaulted at the Harris County Jail. …
In yet another alarming incident, a massive fire has erupted at Feather Crest Farm Chicken Plant in Bryan, Texas, following a substantial explosion. The unfolding situation has triggered a swift response from multiple fire departments and emergency personnel, intensifying concerns about the safety and security of such crucial facilities. BREAKING REPORT: ⚠️ Massive Fire erupts …
Biden faces pivotal moment as he weighs retaliation for soldier deaths in Jordan drone strike As early as tonight, President Joe Biden will authorise US military action in the Middle East. It is likely to be one of the most consequential decisions of his presidency. At stake, the credibility of American deterrence and the teetering …
The S&P 500 rose Monday and closed at a fresh record high as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. The benchmark index climbed 0.76% to 4,927.93, topping its highest ever close of 4,894.16, reached Jan. 25. The Dow Jones Industrial Average added 224.02 points, or …
In the heart of Paris, a captivating movement unfolds, echoing the resilience and unity of its citizens. Thousands converge, transcending professions, as taxi drivers, construction workers, and farmers lock arms in solidarity. Streets and rail lines serve as symbols of their collective determination, challenging perceived injustices. This movement, not confined to national borders, reflects a …
That’s why we love this tweet from LEGAL immigrant, Anna Hitrova, who is pointing out that the people shouting about immigrants need to remember that they must come here LEGALLY. Yeah yeah yeah, the Left/Democrats/Socialists want to pretend people who push back against illegal immigration are racist and xenophobic but really, at the end of …
BREAKING: Former IRS contractor who leaked Trump's tax records, sentenced to 5 years in prison — Insider Paper (@TheInsiderPaper) January 29, 2024 Remember the IRS contractor that leaked Trump’s tax returns to the media? They just got 5 years in federal prison Hope the TDS was worth it! All you did was show that Trump …
Alzheimer’s disease was passed to patients given hormones extracted from corpses, scientists have shown for the first time. Five people are believed to have developed Alzheimer’s after they were treated with a human growth hormone which inadvertently contained the seeds of dementia… “We have found that it is possible for amyloid-beta pathology to be transmitted …
Back then, they were worried about a new ice age. Got to wonder why so many scientists flipped their viewpoints since then. I remember when this happened. During that storm, it snowed in the Bahamas and Florida. h/t Guest
Patrick Bet-David reacts to Javier Milei’s epic speech at the World Economic Forum’s annual Davos Event. Milei delivered a speech that not only silenced critics but championed capitalism with compelling data and historical insights. In this video, we dissect Javier Milei’s powerful message, focusing on how capitalism has dramatically reduced extreme poverty worldwide and highlighting …
The House GOP’s top tax writer doesn’t just face blowback over the surprise deal he unveiled this month: Now the background chatter suggests Rep. Jason Smith (R-Mo.) could lose his gavel. Why it matters: Senior Republican sources said Rep. Vern Buchanan (R-Fla.) — who narrowly lost a heated three-way race for the position in 2023 …
As we navigate the complexities of global trade, an unsettling parallel to the 1970s emerges—a de facto shipping blockade looms on the horizon. The epicenter of this maritime upheaval is the Red Sea, where the crisis is intensifying. The shortage of containers is already felt acutely, and the ripple effects threaten to extend beyond dry …
“We’re really harnessing what nature has developed to do manufacturing for us.” Now that’s how you upcycle. In a recent study, researchers at Rensselaer Polytechnic Institute were able to gene-hack a strain of bacteria to turn wasteful polyethylene plastic into a spider silk-like material as strong as Kevlar — a fascinating way to transform harmful …
IROBOT To Lay Off 31% Of Workforce *IROBOT TO LAY OFF 31% OF WORKFORCE — zerohedge (@zerohedge) January 29, 2024 The robots from @iRobot, Rosie, the Roomba, and Florence, the Braava jet mop, are hard at work this morning. I don’t usually turn them on at the same time, but they work well together. pic.twitter.com/3zKlH7CerD …
The intersection of gun ownership and legislation takes a controversial turn as a House Democrat in Maryland proposes a bill that could reshape the landscape of the Second Amendment. The bill, if passed, would mandate gun owners seeking to carry firearms to have a minimum of $300,000 in liability insurance. While the intent may be …
It will be better for the market if the issues are settled and finished soon. We have good Greens recently showing more than 75% of SPXTOP300 closed in gains. The issues and oil spike can widely impact the rally that we are enjoying. h/t Andy_Sing
Hot tip: don’t have credit card debt h/t TonyLiberty
A disconcerting scene unfolds as special constables, volunteer police officers, reportedly restrict the singing of church songs beyond church grounds. This alarming development raises fundamental questions about the erosion of basic rights, particularly the right to freedom of religion protected by the Human Rights Act. The perplexing twist lies in the involvement of volunteers, typically …
Evergrande shares halted after Hong Kong court orders liquidation.https://t.co/M8UqNlTsY9 — Daniel Lacalle (@dlacalle_IA) January 29, 2024 🚨🇨🇳 China – Property Developer Evergrande ordered to liquidate Global Financial Collapse incoming…. pic.twitter.com/gPlil4uqt9 — Concerned Citizen (@BGatesIsaPyscho) January 29, 2024 Once the world’s largest real estate developer, Evergrande is now to be liquidated. It has whopping $300 billion …
China state media removed a story that initially reported that Beijing plans to merge its largest state-owned bad debt asset managers with China Investment Corp, one of the world’s largest sovereign fund. The initial report was published Sunday by Xinhua Finance. It cited unidentified sources as saying the plan to bring China Cinda Asset Management, …
Amid the push for electric vehicles (EVs), a proposed California bill is stirring controversy for reasons beyond the environmental narrative. Critics argue that it’s not about saving the planet but rather gaining control over people’s cars and lives. The bill, if passed, would mandate technology in cars preventing them from exceeding 10 miles per hour …
Washington Association of Wheat Growers executive director Michelle Hennings discusses the importance of hydroelectric power and dams as the Biden administration seeks to remove key dams in the state.
via Mike Shedlock On January 1, 2023, 38 states had noteworthy tax changes. 37 of the changes put extra money in people’s pockets. Here’s the result in pictures. Tax data from the BEA, chart by Mish The Tax Foundation noted State Tax Changes Taking Effect January 1, 2023 On January 1, 2023, thirty-eight states have noteworthy …
The allure of short-term rentals like Airbnb can be tempting, but a new owner recently faced a harsh reality. Despite her property being consistently booked, the financial picture told a different story. New AIRBNB owner was advised to sell her property after only 4 months because even though it was completely booked she was losing …
Congressional speed can be a double-edged sword, as demonstrated by the House Ways and Means Committee’s swift push for The Tax Relief for American Families and Workers Act. Despite its branding as a package of middle-class tax cuts and pro-growth reforms, a closer look reveals a mix of elements, including welfare expansions, corporate advantages, and …
Don’t waste your money on a stupid WORTHLESS college degree! It is POINTLESS to go into debt 80K for a WORTHLESS piece of paper that will get you nowhere in life. The ONLY LEGIT degrees you will be guaranteed to earn a 6 figure income is a Doctors degree (MD) or a Laywer Degree. Anything …
In a surprising turn of events, Snoop Dogg’s recent comments about Donald Trump signal a shift from his previous stance. The rapper, known for his outspoken opinions, now expresses “nothing but love and respect” for the former president. Snoop highlights Trump’s positive actions, particularly the pardon of Michael Harris, co-founder of his first label. This …
This is the coldest outing I have been on to date. The temperature dropped all the way down to -36 degrees Celsius by the morning. All that was brought with me is what you see… 5 simple items. This was certainly a test of my abilities in the outdoors but enjoyable nonetheless. Thank you to …