Independent thinking for complex markets and current events
This is one of those stories that does not get much attention but could matter a lot. A new poll puts Democrats ahead 50 percent to 42 percent in a hypothetical midterm vote, giving them an early 8 point advantage. At the same time, The Wall Street Journal reports a growing number of Republican lawmakers …
A 21-year-old socialist and unpaid former NYC Council intern who claimed she was axed after demanding she and her peers get paid $32 an hour with full health benefits — and plans to sue the Council — was born into wealth. Mina Farahmand — who willingly interned for free last year to help get fellow …
LGBTQI+ activists leave central London covered in trash and plastic bottles after the cities Pride Parade. These are the same activists that demand ‘climate justice’ and lecture others about climate change. pic.twitter.com/XUgU7czIav — Oli London (@OliLondonTV) July 5, 2026 Central London left covered in trash and plastic bottles after Pride Parade.
Hedgeye: America is running out of places to gather: Bars and clubs per capita have fallen over 60% since the late 1970s, and since 2001 a fifth of movie theaters have shut their doors. Over the past two decades, the country has lost roughly 2,000 golf courses and 7,000 bars and nightclubs. Catching live music …
Japan attracts steady foreign capital with less domestic leverage risk. Korea chip sector leverage creates volatility and deters foreign money.
G20 GDP per capita in 2025 (Adjusted for Inflation & Purchasing Power Parity) byu/Econorama inEconomyCharts “A few economic points that stood out: Saudi Arabia’s position: When adjusting for local costs and purchasing power (PPP), Saudi Arabia climbs right behind the US, overtaking all European G20 nations. The European Cluster: EU countries are remarkably close to each other, …
TradingView or Investing.com Russian 10-year government bond yield chart (real-time and historical data showing recent spike to 16.5% range): https://www.investing.com/rates-bonds/russia-10-year-bond-yield h/t DumbMoneyMedia
🇺🇸 Nearly 1 MILLION Trump supporters lost $3.81 BILLION on $TRUMP memecoin According to Nansen, 988,905 wallets are down, roughly 2 out of every 3 buyers. The coin is down 97% from its $75 peak, now ~$1.76. Meanwhile, President Trump personally pocketed $636 million from the… pic.twitter.com/sxE8MSLF82 — Mario Nawfal (@MarioNawfal) July 5, 2026 $TRUMP …
OPEC+ has agreed to a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil prices are falling amid the gradual reopening of the Strait of Hormuz for oil exports. The oil-producing group agreed during an online meeting to increase quotas …
The United States real estate market is about to erase all gains from the Covid era. Those that bought in this time during unprecedented artificially inflated prices are going to get destroyed. Bookmark it. https://t.co/pTNSFVpRGK — Eric Spracklen 🇺🇸 (@EricSpracklen) July 5, 2026 Peoples Bank of China managed to deflate a massive, leveraged 20 year …
I keep seeing people focus on one chart. The problem is there are now several of them pointing in the same direction. US margin debt just hit $1.4 trillion, equal to 6.2 percent of M2 money supply, almost matching the 6.3 percent peak reached during the Dot Com bubble. Semiconductor stocks relative to M2 are …
1 percent rise in illegal workers linked to 2.2 percent higher home prices and 1.4 percent higher rents. Housing supply failed to keep up creating pure demand shock. Employment rose but average wages showed little change. Democrats flooded country with millions knowing removal would be weak. Republicans won House Senate and White House on mass …
Absolute chaos erupted in Newport Beach, California, on Saturday night as non-residents visiting the peninsula brawled, rioted, looted, and destroyed a grocery store on the 4th of July. Newport Beach Police were forced to close beaches and bars due to the mayhem. Mounted police broke up a massive brawl on the beach just north of …
This is starting to feel familiar. US tech companies have now committed a record $850 billion in future data center leases for AI, up 204 percent from a year ago. Oracle alone accounts for about $250 billion. Meta added $79 billion. Microsoft added $41 billion. That is an enormous amount of money being committed before …
Full-time jobs fell 514000 in June. Now at 133.66 million. Lowest level since December 2024. This marks third consecutive monthly drop. Total decline hits 1.01 million. Official summary: https://www.bls.gov/news.release/empsit.nr0.htm Full PDF report: https://www.bls.gov/news.release/pdf/empsit.pdf
Interesting question going into Monday. A WallStreetBets post points to a pattern where money keeps rotating between AI hardware and enterprise software instead of leaving the sector completely. One week chips and memory stocks get dumped over overcapacity fears. Next week software becomes the safe trade. Then money swings back again. Last Friday was a …
Michael Burry says the AI story is just mass addiction with no real substance. He is short big AI names like PLTR, NVDA and MU plus the semiconductor ETF. He holds longs in names like LULU, PFE and others outside the AI frenzy. Hyperscalers spending huge on AI but seeing little return while chip makers …
Central bank policies create hidden losses and distortions that favor elites over regular people. Paying high interest on reserves while holding long bonds flips normal central bank profits into losses. This keeps government borrowing cheap but builds bigger problems for the future. A former World Bank president warns that the Federal Reserve has lost over …
I couldn't have said it better. Wall Street got bailed out in 2008. Main Street got bailed out in 2019. The difference is one of us can and has implemented a revolution. 🎯 — Amor Avhad (@glass_it) July 4, 2026
A virologist (or researcher) explains why no virus has ever been properly isolated or proven to exist as claimed — exposing the flawed lab methods, circular reasoning, and assumptions behind “virus” science that most people have never heard. VIROLOGIST CANNOT ISOLATE ANY VIRUS… pic.twitter.com/eMkt9sb2ly — 🧬Maxpein🧬 (@maximumpain333) July 4, 2026 Med school taught physician and …
Socialism is winning with voters under 40. Doubling down on Boomer capitalism is not a long-term winning strategy. https://t.co/2y11km2UHl — Mark Mitchell, Rasmussen Reports (@honestpollster) July 4, 2026
It is interesting to see the various approaches each country is taking to add this new capability to their fleets. Dedicated drone carrier vs multi-role carriers Manned vs unmanned drone carriers Size of carriers selected. These can vary from very small ships compared to an aircraft carrier, up to rather full sized carriers. I would …
Three German citizens face prosecution simply for reposting Russian media content from RT DE. Authorities treat sharing on social media or websites as crime. EU court backed this by saying individuals can be criminally charged for posting RT videos. 🚨🇩🇪German court is prosecuting three German citizens for reposting content from RT DE, the Russian media …
Government green paper proposes rules for platforms like YouTube to give special prominence to BBC ITV and Channel 4. Aim is to fight misinformation by making public service news easier to find. YouTube told creators new rules could control your feed and require putting some channels above others. Independent voices criticizing government could get less …
Trump: We can't take care of daycare. We're fighting wars. It's not possible for us to take care of daycare, Medicaid, Medicare, all these things. pic.twitter.com/gAxsu4TQ1r — The Intellectualist (@highbrow_nobrow) July 4, 2026
The US goods trade deficit widened by -$22.8 billion, or -27%, in May, to -$105.8 billion, the largest since March 2025. This marks the largest monthly increase since November 2025. US goods exports fell -$11.8 billion, or -5%, to $207.7 billion, the lowest since February, driven by a sharp decline in industrial supplies, particularly energy …
Nancy Pelosi’s husband, Paul Pelosi, 86, was charged in a hit-and-run car crash in Napa County in California. The crash happened on Friday afternoon on Yountville Cross Road. No DUI is suspected. KTVU reported: Paul Pelosi, 86, the husband of former Speaker Nancy Pelosi, is under investigation for allegedly being involved in a hit-and-run crash …
Precious metals investors saw their holdings skyrocket in value in 2024 and 2025, which was great news for them, but bad news for some dealers, such as Rosland Capital LLC. Rosland Capital filed for a Chapter 11 liquidation facing distress from declining profitability compounded by an unsustainable order fulfillment model amid record precious metals prices. …
pic.twitter.com/N4P0qXubBE — Elon Musk (@elonmusk) July 4, 2026
Up until now, when it comes to real estate, Blackstone was best known in recent years for dumping many of its trophy office properties – which in the aftermath of work from home never recovered their projected cash flow potential – at a huge discount. Now, it may be pulling a page from its old, …