Independent thinking for complex markets and current events
via nypost: A SpaceX-backed maker of flying cars that carry a price tag of $300,000 said it has a pre-order backlog of 2,850 units – with the first prototypes scheduled to be in the air as early as next year. Alef Aeronautics, a Silicon Valley-based startup, said that the pre-orders for its Model A total …
BREAKING: Gangs in Haiti have teamed up and after freeing over 4000 prisoners, they have vowed to arrest senior police commanders and their Prime Minister Ariel Henry as soon as he lands in Haiti. pic.twitter.com/udPkDx6Wv6 — The General (@GeneralMCNews) March 4, 2024 Haiti’s problems just went from bad to worse, as the UN and embattled …
They always know. When is that insider trading law coming? — floridanow1 (@floridanow1) February 28, 2024
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family sold $150 million worth of the bank’s stock, following through on last year’s announcement that he would begin selling shares for the first time since taking the helm 18 years ago. Dimon and his family sold about 822,000 shares in a series of …
Supreme Court turns away House GOP lawmakers’ appeal over mask rule violations The Supreme Court on Tuesday refused to revive a lawsuit from three House Republicans after their pay was docked for not complying with a pandemic-era mask requirement on the chamber floor. In a brief order without any noted dissents, the court let stand …
Amelia Earhart’s disappearance over the central Pacific Ocean 87 years ago remains one of the greatest mysteries in aviation history. Countless theories about her fate have emerged in the decades since, but now a deep-sea exploration team searching for the wreckage of her small plane has provided another potential clue — including a new video …
A trader recently dropped a cool $16.7 million on about 250,000 call contracts tied to the VIX Index, betting on increased stock market volatility. This isn’t your average move – the strike price is 17, expiring on Feb. 14. With the VIX not breaking 17 since November, it’s got everyone buzzing. Seems our trader senses …
In a noteworthy twist to the Georgia election interference case, serious allegations have emerged concerning an inappropriate romantic relationship between Fulton County DA Fani Willis and special prosecutor Nathan Wade. Co-defendant Mike Roman has asserted that this purported relationship fatally compromises the integrity of the indictment. However, the absence of concrete evidence supporting these claims …
🚨 Fani Willis accused of hiring a man she was in a romantic relationship with to prosecute Donald Trump and play a prominent role in the election interference case, bombshell court documents claimhttps://t.co/4tbMbSUmlM — Benny Johnson (@bennyjohnson) January 9, 2024 District Attorney Fani Willis improperly hired an alleged romantic partner to prosecute Donald Trump and …
https://twitter.com/TRUMP4USD/status/1744027397219918237 Compton bakery owner speaks out. A local business owner in Los Angeles was mobbed by over a hundred looters Tuesday, Fox News reported. Ruben Ramirez Jr., the son of Mexican immigrants and owner of a beloved Latino bakery, is grappling with the aftermath of a devastating incident which occurred at his business. The extensive …
Mayor Eric Adams of New York on Thursday ratcheted up his feud with Gov. Greg Abbott of Texas, filing suit against 17 transportation companies that he said had carried out a plan by Mr. Abbott to send more than 30,000 migrants to New York City and make the city pay for their care. New York …
There are currently no cases of illness associated with the meat, as the contamination was discovered via routine testing. However, it is believed the products are still likely sitting in fridges and freezers, in which case consumers are advised to dispose of them or return them to the place of purchase. The packing of affected …
Siyamak sits down with Jim Desmond, San Diego County Supervisor. He’ll talk about how the recent surge of migrants in San Diego is causing a big problem for the county and how he’s worried that homelessness could get worse as a result. “We’re not as bad off as San Francisco or LA but if we …
https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the U.S. Declining assistance packages and a shocking +20% increase in shelter costs since the pandemic …
https://twitter.com/WinfieldSmart/status/1735059771114360986 https://twitter.com/WinfieldSmart/status/1735060111888925103 Who would have thought that Fed tightening is followed by jumps in volatility pic.twitter.com/U02UnGCwhu — Michael A. Arouet (@MichaelAArouet) December 14, 2023 Markets had the BEST day since 2009 Major assets all climbed at least 1% each Wild. pic.twitter.com/VyzFK9SNHs — Genevieve Roch-Decter, CFA (@GRDecter) December 14, 2023 The Fed Pencils in 2-3 Rate …
The economic and demographic shifts in California present significant hurdles. The departure of high earners, as you pointed out, strains the tax base, with a small fraction of taxpayers now carrying a hefty portion of the state’s budget burden. The exit of over a million taxpayers and the purported replacement with what you describe as …
IS CHILD TRAFFICKING TAKING PLACE ON ETSY? There are a lot of suspicious listings on Etsy that have people wondering if child porn or children are for sale for sex on the e-commerce site. For example, there is a “picture of a pizza” listed for sale for $9,000 and the listing… pic.twitter.com/mSQ4XQa6U6 — LIZ CROKIN …
These bastards are tightning up Just had my Chase Amazon Credit Card Limit Reduced from $12,000 ➡️ $500 Had for 5 years now. Started @ $1000➡️$5000➡️$12000 Scarry bastards More Info CC Age: 5 Yrs History: No Late Payments Utilization: 2-6K mo statement balances Overall Credit: 640 Total Credit Limit: $150k Total Credit Used: ~$50k Credit …
This year, we have seen 250,000 layoffs in tech. Between 2022 and 2023, ~415,000 tech layoffs occurred. However, the layoffs were vastly limited to tech over the last couple of years. It may now be spreading. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) November 17, 2023 Mortgages …
Anheuser-Busch’s marketing chief to finally exit after Bud Light’s Dylan Mulvaney fiasco Anheuser-Busch’s US marketing chief plans to resign as the brewer continues to grapple with sharp sales drops following its disastrous Bud Light campaign with transgender influencer Dylan Mulvaney. Benoit Garbe, chief marketing officer for the embattled company’s US portfolio of beers, canned cocktails …
by Chris Black Peoples Republic of China along with North Korea are now the only East Asian countries that aren’t opening up their borders. via wionews: In a major move aimed at shoring up Taiwan’s $790 billion economy, India is planning to send as many as 100,000 workers to the island as early as next …
LaToya Cantrell faces charges for violating state ethics laws The New Orleans Democrat Mayor spent $29,000 of the city’s money on first class flight upgrades She previously came under fire for treating her guards like ‘servants’ and living rent-free in a government apartment just 3 miles away from her 500k home The 51-year-old politician claimed …
by Chris Black France is about to pass a bill which would criminalize insulting Israel. This law would punish anti-Israel speech with multiple years of jail time and tens of thousands of euros in fines. Note that these same lawmakers have yet to propose any law that would punish insulting France or French people. https://twitter.com/davidrkadler/status/1720461371316326556 …
The United States is facing significant economic challenges, with record-high rates of consumer defaults on credit cards and car loans, reflecting the financial strain on many households. WARNING: The consumer is borrowing more than they can afford Default rate on credit card loans from small lenders has spiked to 7.51% This level is higher than: …
by confoundedinterest17 Bidenomics new theme song is “Addicted To Gov.” Bidenomics needs lots of Federal spending and borrowing to survive. But all this spending and borrowing is causing rapid price increases and other distortions. The US Federal government just added $600 billion in debt in ONE MONTH. And The Fed’s have borrowed $10.47 TRILLION since Covid in Q1 …
More buybacks are needed pic.twitter.com/xpfXWNtnWH — Alessio (@AlessioTMAD) October 16, 2023 🔴 IPHONE 15 SALES DOWN 4.5% IN CHINA DEBUT VS 2022 – COUNTERPOINT. $AAPL — FinancialJuice (@financialjuice) October 16, 2023 Numerous insiders have sold $AAPL in the last year. To see all, check Unusual Whales. See more: https://t.co/ZqupDAkQ8p — unusual_whales (@unusual_whales) October 16, 2023
via CNN: “Owning a car in Singapore, one of the world’s most expensive countries, has always been something of a luxury. But costs have now soared to an all time high. A 10-year Certificate of Entitlement – a license people in the wealthy city state must purchase before they are even allowed to buy a …
US COMPLETELY FUNDS EVERY ASPECT OF UKRAINE, INCLUDING SALARIES FOR 57,000 FIRST RESPONDERS pic.twitter.com/K0IWtUHOTp — The_Real_Fly (@The_Real_Fly) September 25, 2023 https://www.youtube.com/watch?v=jkGJw5wUZI0 Senator Shocked By Classified Briefing On Ukraine: Warhawks Want Blank Check With No Victory In Sight https://t.co/bvL3yJzrAj — zerohedge (@zerohedge) September 25, 2023 BILLIONS IN US DOLLARS HAS RESULTED IN STATE OF THE ART …
https://www.usdebtclock.org/ h/t jlee2027
NEW: DHS announces it is extending and redesignating Temporary Protected Status for 18 months to Venezuelans residing in the U.S. on or before July 31, 2023. DHS estimates this will immediately make 472,000 Venezuelans in the US eligible to apply for work authorization. This also… — Bill Melugin (@BillMelugin_) September 21, 2023 ARTICLE w/ @AdamShawNY. …