Independent thinking for complex markets and current events
via Robby Starbuck: MASSIVE news: Walmart is ending their woke policies. I can now exclusively tell you what’s changing and how it happened. Last week I told execs at @Walmart that I was doing a story on wokeness there. Instead we had productive conversations to find solutions. Below are the changes Walmart committed to. I …
BY DAVID HAGGITH So many pitiful people couldn’t see the price waves that are already coming, even if one slapped them on the behind. Photo by Stephan Holzinger on Unsplash Even with the Fed consistently warning that its inflation fight has quite a ways to go due to the prevailing forces pounding against it, many people in financial …
Lawyers representing former President Donald Trump have filed a motion requesting that Judge Arthur Engoron recuse himself from the New York civil fraud case. The motion alleges that the judge engaged in an improper conversation about the case with an outside lawyer, Adam Leitman Bailey, prior to handing down a multimillion-dollar judgment against Trump. Bailey had approached …
BY DAVID HAGGITH It’s the kind of balloon that just won’t fly; it only settles to the ground Photo by Sean Robertson on Unsplash We’re in for a weird ride, which I’ve been talking about for some time, where prices rise even as the economy settles into recession. Those who lived through the 70s remember it well. Stagflation …
28,577 job cuts this month so far, our highest week since we began tracking data in September #MacroEdge pic.twitter.com/qWRmCEoscN — MacroEdge (@MacroEdgeRes) April 5, 2024 Although the most recent U.S. Bureau of Labor Statistics employment report issued Friday showed that the unemployment rate “changed little” last month, a separate report found that layoffs reached a …
by Chris Black Well, that escalated quickly. I guess we’re just going to cancel the utopia? How can you have a utopia that arrests people simply for living on the streets in tents and shooting up fentanyl in front of children? It’s fascism. The Guardian: Oregon lawmakers have moved to reintroduce criminal penalties for the …
by Chris Black That’s an easy mistake to make, right? To be fair, there really isn’t much difference between the Ukraine and Israel. It’s just Israel slaughtering innocent people, backed by the United States. I get them confused myself sometimes. he really means it to him as a young man…Biden announced that the United States …
by Chris Black I’m so sick of conservatives lionizing Greg Abbott. This guy did nothing about the invasion for 3 years as Mayorkas was spitting on his face; now all of a sudden he’s hell on wheels. His floaties and his barbed wire haven’t stopped a single invader. Nothing is stopping Abbott from simply disobeying …
by Chris Black When this first started in 2017, after Trump’s election, they said that saying mean things on the internet would cause people to kill themselves. Seriously, that was the argument. You can look it up. Then you got the “election meddling” and “Covid disinformation.” We always hear about “hate speech,” but frankly, that …
by Chris Black How did Italy get so gay so quickly? It’s like Ireland and Poland. It’s moved at a sonic speed. Ten years ago, no one would have even bothered calling for this guy to be suspended, because they knew it would be impossible. Reuters: An Italian army general reprimanded by the defence minister …
by Chris Black I’m no joke thinking of moving to Venezuela. Everything I’m hearing is that it has turned into an absolute paradise after every single criminal, gang member, poor person, and low IQ moron has moved to the United States. The Guardian: An exodus of nearly 8 million Venezuelan migrants who have fled poverty …
by Chris Black Obviously, Russia would only start firing nukes if they thought the existence of Russia was being threatened. They certainly wouldn’t do it when they’re in the middle of winning a war against America and Germany. But hey – how about some unconfirmed and totally fake documents saying something totally different than that? …
by Chris Black Why do these petrochemical companies, and the retailers that distribute their products, have a right to put these chemicals into your body? If we didn’t live in a democracy, we could sue these people. They produce these chemicals knowing that they will go into your body, and knowing that they will harm …
by Chris Black Talking about pathological behavior from the so-called liberal governments, abortion is literally murdering unborn children. And they want this to be part of their constitution. The Guardian: France is preparing to enshrine abortion as a constitutional right at a joint session of parliament next week, after the senate voted in favour on …
by Chris Black This stands true for basically every industrialized/”liberal” country, and by liberal I mean so-called democracy. That’s because there is no way to incentivize women to have kids. The Guardian: South Korea’s demographic crisis has deepened with the release of data showing its birthrate – already the world’s lowest – fell to a new …
by Chris Black My first thought after hearing this news was to wonder how the MAGA retards are going to spin this into their usual conspiracy theories about Patriot Front. 🚨🇺🇸 Patriot Front leader Thomas Rousseau has been arrested for "burning with intent to intimidate” because he took part in a torchlit march at Charlottesville …
by Chris Black You can’t own a slice of a stock. ETFs don’t grant ownership of anything. When an online Fintech says you own a piece of Bitcoin, you really don’t. A real share of stock requires signatures to transfer ownership. All the day trading high frequency BS is just unregistered trades to influence the …
by Chris Black Who are the 10% of people who believe the Ukraine can win a war with Russia? I guess we should be celebrating – two years ago, a majority thought this was a reasonable proposition. It was always very incredible to me. I kept saying “bro, have you seen a map? Russia is …
by Chris Black These so-called journos are out of work and totally unemployable. Saying “learn to code” would be ridiculous at this point – the AI is doing the coding now. The best advice I can give is to learn to shoot and go join the Ukraine military. New York Times: Executives at Vice Media …
by Chris Black We’re taking democracy to the next level. Newsmax: Left-leaning billionaire George Soros is prepping to take a huge stake in Audacy, America’s second-largest radio company with its more than 220 stations nationwide, the New York Post reported Wednesday, citing court filings and sources close to the matter. Soros Fund Management has, according to the …
by Chris Black You want to talk about the “competency crisis,” this example is just beyond belief. Reuters: Britain’s Trident nuclear-deterrent system misfired during a test last month, sending a missile crashing into the ocean off the Florida coast near the submarine that launched it, The Sun newspaper reported on Wednesday. The Ministry of Defence …
by Chris Black You don’t need to read and write to beat someone with a baton. That has always been true. GB News: A former Met Police detective has hit out at the service’s failings, claiming many of its recruits are unable to read and write English. David Murray-Gilbertson joined Camilla Tominey on GB News …
by Chris Black No one could have predicted it. RT: Explosions that ruptured two Iranian natural gas pipelines last week were the result of an Israeli plot, the Islamic republic’s oil minister, Javad Owji, has said. According to Iranian officials, the twin blasts occurred in the central Chaharmahal and Bakhtiari province, and the southern Fars …
by Chris Black This sounds like something out of my most glorious dreams. At least Starbucks is getting creative. RT: Starbucks has made a surprising offer for its customers in China to mark the Lunar New Year, launching a coffee beverage flavored with pork. The new product, dubbed ‘Nian Feng Savory Latte,’ which roughly translates …
by Chris Black Who would have thought that legalizing hard drugs would lead to a bad outcome? The Guardian: When voters approved Measure 110 in 2020, they made Oregon the scene of a novel social experiment in the US by decriminalising the possession of small amounts of hard drugs and funneling hundreds of millions of …
by Chris Black This is a democracy. You just have to take it. They can do whatever they want to you. You can protest and they will just laugh. If you do more than protest, cops will kill you. The Senate voted 70-29 for a war bill that sends $100 billion for wars against Russia, …
by Chris Black Boris Johnson apparently told Zelensky that there was no way he could win the war. He flew in, after all the details had been worked out for a peace treaty between Moscow and Kiev, and told Zelensky to never surrender. Unless he threatened Zelensky, he must have told him: “The entire machine …
by Chris Black Apparently, they need fewer Albanians because they need the room for more Africans. The UK is definitely not slowing immigration, generally. Who even knows why they’re targeting Albanians. The Mirror: The Home Office plans to pay a rapper, two comedians, TV stars and influencers to post messages on TikTok deterring small boat …
by Chris Black A high-altitude Nuclear-EMP (https://nuclearweaponsedproj.mit.edu/high-altitude-electromagnetic-pulse-emp-attack-scenario-against-usa) creates an electric free field incident (https://commonsensehome.com/electromagnetic-pulse-emp/) powerful enough to damage any microcircuitry onboard satellites (see: Starfish Prime Test (https://en.wikipedia.org/wiki/Starfish_Prime)), especially modern electronics due to increasingly thin structures (therefore electric breakthrough occurs already at relatively low voltages). We are hardening military systems against such EM incidents by shielding …
by Chris Black The German government is insane. They control the entire culture, as in a dystopian novel. In the US, the situation is more or less the same, arguably, but it’s at least more complicated and less surreal. In a democracy, the supposed ability of the people to petition grievances is via voting. This …