Independent thinking for complex markets and current events
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
The Harris Ranch Tesla Supercharger station is an impressive beast. With 98 charging bays, the facility in Coalinga, California, is the largest charging station in the world. In 2017, Tesla CEO said that all Superchargers in the automaker’s network were being converted to solar. “Over time, almost all will disconnect …
It’s happening, sooner than we think… but those who can fly on private/perosnal jets will be excluded. Travel firm warns holidays could be restricted by carbon passports International travel could be restricted by carbon passports as global temperatures rise, a holiday company has warned. A report by Intrepid Travel claimed …
BREAKING: John Fetterman to RESIGN from the US Senate effective at the end of the year, likely replacement to be his wife Gisele, according to inside sources within my home state of Pennsylvania. This comes at a time when speculation has arisen that Fetterman is not “up for the job”, …
h/t SexyProfessional
The US has recently taken Japan under its wing with a lot of analysts referring to this as “Japanification.” In reality this has been “Americanization” of Japan. Their index and currency now thoroughly looking pegged (and yeah, I mean it like THAT) to the USD & our markets is not …
by j_stars Catch-up for junk bonds underway. Silver, gold will run as the bond market fire increases. Paper is burning. Both stocks and bonds.
Target is one of the many retail names facing increasing theft. Walmart recently said they are considering raising prices and shutting stores due to theft. What's the solution to this quickly developing crisis? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 4, …
Economist and philosopher John Maynard Keynes is famous for saying that markets can stay irrational longer than you can stay solvent. As the Australian dollar (AUD) plunges, Aussie importers and international travellers must wonder if he was referring to them. The AUD is once again swooning towards new lows. In …
Training large language models is an incredibly power-intensive process that has an immense carbon footprint. Keeping data centers running requires a ludicrous amount of electricity that could generate substantial amounts of greenhouse emissions — depending, of course, on the energy’s source. Now, The Verge reports, Microsoft is betting so big …
Pope Francis has suggested he would be open to having the Catholic Church bless same-sex couples. Responding to a group of cardinals who asked him for clarity on the issue, he said any request for a blessing should be treated with “pastoral charity”. “We cannot be judges who only deny, …
Many people are saying I prank called Fox News live on the air, but it was a culture jam, not a prank call. Culture jamming is when you subvert the media in a creative way in order to use that same form of media to critique media itself. https://www.youtube.com/watch?v=kpLML6w-mW0
Student loan payments start again this month, and mortgage rates just hit 8%. My company is usually a little high, even Rocket Mortgage is showing 7.846% with 2.25 points. Not fear mongering, but its gonna be a “winter of death”. Biden got it right, but was talking about the market, …
The German government is not planning to deliver the Taurus cruise missiles so urgently requested by the Ukrainian army in the foreseeable future. This was confirmed to BILD by German and Ukrainian government circles. Germany has not yet given the government in Kiev a formal rejection of the request, but …
JUST IN — Jim Jordan to run for Speaker. pic.twitter.com/3eibQtStsC — Citizen Free Press (@CitizenFreePres) October 4, 2023 Ohio Rep. Jim Jordan on Wednesday said he will run to be House speaker, making him the first Republican to announce his intentions to run for the position following Rep. Kevin McCarthy’s …
The United States is the most dangerous nation among industrialized states, and increasingly more dangerous than much of the developing world. As violent crime soars, our criminal justice system has revealed itself unable and unwilling to respond. This year it was announced that the national murder clearance rate, which tracks …
Here’s the Next Damn Way the Left Will Go After Your Car BY STEPHEN GREEN 12:50 PM ON OCTOBER 02, 2023 Your car is killing the planet, you, and other living things in a brand new way that will surely give environmentalists yet another justification to try and eliminate personal …
Trafficked children are held in top secret compounds that resemble concentration camps run by suspicious charities and companies with ties to the NSA and CIA – receiving hundreds of millions in federal funding. MCALLEN, TEXAS — Thousands of foreign children are trafficked into the United States every month as the …
Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said. Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to …
According to ADP, Professional and Business services jobs plunged 32K. Why is this hilarious? Because JOLTS reported a 509K increase in Professional and Business Service job openings The so-called economic data is nothing but politicized propaganda bullshit at this point pic.twitter.com/eqorM1MfRe — zerohedge (@zerohedge) October 4, 2023 This guy walking …
Joliet is minutes from me. For the large part Joliet has become a shithole. This following news maybe the final nail into the once great city. The governor did not even inform the city. One day Jliet receives$8.6 million dollars and a note we are send 2500 illegals. https://www.wjol.com/joliet-council-member-says-they-were-blindsided-by-migrant-funding/ https://www.politico.com/newsletters/illinois-playbook/2023/10/02/tensions-flare-as-migrant-buses-ramp-up-00119431 …
Western ammunition supplies ‘are at the bottom of the barrel’ with the war in Ukraine showing no sign of ending, NATO warns so is the SPR and the Economy NATO’s top official said ammo reserves were at the ‘bottom of the barrel’ The UK’s minister for armed forces said …
by StatisticalMan Long bonds are not based solely on the current fed funds rate. They are based on projected short term rates over the duration of the long bond. They have a yield at a premium to short term rates due to the risk/lockup but not just the current short term rate …
by DrBlaBlason Full text on the announcement at the bottom of this post. For me, this was a big attraction to Fidelity for new accounts. Although I will be a legacy and able to continue sweeping to SPAXX, it’s a shame to know that future account holders won’t receive that …
Housing affordability has been a pressing issue in America. While many people point to supply shortages, rising material costs and stagnant wages as drivers behind the crisis, Democratic presidential candidate Robert F. Kennedy Jr. believes there’s another culprit — corporations. “The real reason that housing has outpaced anything else is …
By Graham Summers, MBA Everyone is applauding the short-term deal to keep the government open for another 45 days. Well, everyone except the bond market, that is. The bond market, specifically, the market in U.S. sovereign bonds or Treasuries is the single most important market in the world. Everyone focuses on stocks, …
Young americans are forced to live in zee basement pic.twitter.com/ViVB1g4IQj — Alessio (@AlessioTMAD) October 4, 2023 A record share of Americans think it's a bad time to buy a home: pic.twitter.com/kiyyQZtyVb — unusual_whales (@unusual_whales) October 4, 2023
I heard one homeowner hired a consultant to deal with a similar situation. The homeowner wrote a new lease to the "consultant". The new renter (the consultant) moved into the house and parked himself there to live with the squatter. He had valid lease paperwork signed by the… — Wall …
