Independent thinking for complex markets and current events
via NYT: “After Mayco Milano, a migrant from Venezuela, arrived in New York in late May, he spent a month walking all over Manhattan in search of work. Mr. Milano, who does not speak English, was turned down by countless restaurants. He landed a construction job, but it ended after three days, after he was …
via CNBC: During the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs and interest rates, drivers are shifting their focus to less expensive models. Finding one, however, might not be easy. More shoppers are opting for vehicles that fall in the $45,000-$50,000 range, the price point of mid-to-high-trim three-row …
The Red Cross estimates that around 10,000 people are missing after the severe storm and devastating floods in civil war-torn Libya. The number of deaths is also high: According to authorities, more than 1,000 victims have been rescued in the massively affected city of Derna alone. “The situation is very catastrophic. There are bodies everywhere – in …
https://www.reuters.com/world/us/one-death-reported-burning-man-thousands-stranded-mud-rain-2023-09-03/ They’re being told to Shelter In Place And Not to Leave They Are Under Lockdown Proof: All Roads Closed AC
Burning Man ‘shelter in place’: Mud closes roads; thousands told to conserve water, food The Gate and airport in and out of Black Rock City remain closed. Ingress and egress are halted until further notice. No driving is permitted except emergency vehicles. If you are in BRC, conserve food, water, and fuel, and shelter in …
Due to the housing bubble, much higher interest rates, banking crisis and the softening economy. The middle class are being thrown to the curb on house ownership. You will own nothing. These are medians, people Sure, everyone knows a plumber foreman, nurse practitioner, construction manager, and tenured teacher making bank That is not the NORM …
ECB President Christine Lagarde CBDC Will Be Used For Control 🚨🚨🚨Cash transactions above 1,000 Euros already banned. Jail or fines if you are caught. With CBDC Euro, there will be controls. Maybe transactions 300-400 Euros won't be controlled. Anything above will be. 🔊 pic.twitter.com/MeAucmoK9H — Wall Street Mav (@WallStreetMav) August 18, 2023 https://twitter.com/_/status/1689287773591629825
Eric Adams plays the victim: "I have almost 100,000 people dropped in my city. This should not be happening to New York City" Protesters with "No Tent City" aren't having it.pic.twitter.com/hNjX8E2B5n — Citizen Free Press (@CitizenFreePres) August 14, 2023 Queens residents accuse Mayor Adams of ‘destroying’ NYC amid migrant crisis https://t.co/RWa61AC4th pic.twitter.com/7TXCtenUIF — New York …
If the government doesn’t like what you say, they will secretly sue social media companies to hand over your account. Source: https://thehill.com/regulation/court-battles/4145606-twitter-fined-350k-for-failing-to-produce-trump-account-info-in-2020-election-probe/ In another Banana Republic move, it turned out Biden’s DOJ forced Twitter to hand over his main political opponent’s social media account. Instead of investigating actual evidence of election fraud and impropriety, the …
by confoundedinterest17 Bidenomics at work! From the alleged more Pro-Union member of the US Senate and now El Presidente of the United Banana Republics of America. One of the biggest bankruptcies in US trucking history occurred Sunday when the nation’s third-largest less-than-truckload carrier, Yellow Corp., filed Chapter 11 in a Deleware court. The company has fallen …
House Democrats introduced legislation Friday that would place a 1,000 percent excise tax on AR-15s and other firearms that they refer to as “assault weapons.” https://t.co/byC0BjhlT8 — Breitbart News (@BreitbartNews) August 7, 2023 House Democrats introduced legislation Friday that would place a 1,000 percent excise tax on AR-15s and other firearms that they refer to …
Brampton real estate market declines 51% in just 2 months. Spring real estate market has come and gone in Brampton. Home sales less than 400 in July (that includes homes and condos in all of Brampton). Prices have also started to drop. Detached homes in Brampton have dropped over $80,000 in average in just 2 …
STOP WHINING… https://twitter.com/pqpolitics/status/1681951858582233088?ref_src=twsrc%5Etfw Elijah Wood has a message for Zelensky: go to rehab for your drug addiction. Instagram deleted the video. pic.twitter.com/5fpxb6h1Sv — Ian Miles Cheong (@ianmiles) July 20, 2023 h/t MonkeyWrangler
A Saskatchewan court has ruled that sending someone a thumbs-up emoji could indicate a contractual agreement. The case in question was between South West Terminal Ltd. (SWT) and Achter Land & Cattle Ltd. over a flax contract. SWT argued that a text message with a thumbs-up emoji was understood as an agreement that Achter would …
The average 30 year mortgage rate just hit 7.22% That rate was about 5% a year ago Yet the median sale price has only slightly decreased This housing market is strong pic.twitter.com/jlJvl4DAKZ — Genevieve Roch-Decter, CFA (@GRDecter) July 6, 2023 With the increase in mortgage rates from 3% to over 7%, a $400k house will …
JPMorgan Chase is saying tough luck to a customer after the bank handed tens of thousands of dollars over to an imposter with a fake ID. Justin Lee says he lost $30,000 after a man with false identification and an incorrect social security number walked into a Chase branch and convinced the bank to hand …
via independent.co.uk: “The company that operated the doomed submersible that imploded in the depths of the Atlantic Ocean is still advertising expeditions to the Titanic wreckage on its website. Reports emerged last week that OceanGate Expeditions closed its doors indefinitely after its CEO Stockton Rush, British billionaire Hamish Harding, French diving expert Paul-Henri Nargeolet and …
How bad is #China's export situation?The container shipping cost from China to Los Angeles has dropped by 95%, from $18,000 early last year to $900 now. Someone said, "How terrifying! No one is buying #Chinese goods. Some of my chain store clients explicitly reject goods made… pic.twitter.com/Q8UfYHwqoG — Inconvenient Truths — Jennifer Zeng Reports (@jenniferzeng97) …
by Chris Black The rate of decline is accelerated, more soldiers are leaving the military than are joining and the pace is picking up each quarter. Every single quarter the military reaches new all-time low recruitment numbers. https://www.cfr.org/podcasts/us-military-recruiting-crisis-nora-bensahel Notable Quotes >Nobody wants to go back to a draft. And so, I don’t think we will …
25 countries, 250 aircraft and 10,000 soldiers will take part in the exercise, which has as its object the immediate response of the Alliance in the event of a crisis and the activation of Article 5 for a collective response in the event of an attack against allied territory. The exercise that will end in …
US cities where the tax rate jumps most between $100,000 and $250,000, per Bloomberg: pic.twitter.com/gQ5DojPsLS — unusual_whales (@unusual_whales) June 8, 2023 In New York and San Francisco, a $250,000 salary has the purchasing power of only about $83,000 after accounting for taxes and adjusting the remaining amount for the local cost of living, per Bloomberg. …
Remember, there are 20x more homes sitting vacant than currently listed for sale. 15,000,000 houses that could flood the market given the right motivation pic.twitter.com/RKB7dLLUhd — Darth Powell (@VladTheInflator) June 6, 2023 Pretty fucking sad what the US government has done. Stealing wealth from one generation to give to another https://t.co/CtbNPXdMyi pic.twitter.com/7gLELfOQSp — Darth Powell …
How many times does a report have to come in better than expected before you adjust your models? pic.twitter.com/4S7Yb8dD2Q — Bespoke (@bespokeinvest) June 2, 2023 And here are the BLS revisions for the fake Q1 2023 data they released. Don't be surprised. The CPI data is fake also, massaged downwards to make inflation appear lower …
by Dismal-Jellyfish https://www.sec.gov/litigation/admin/2023/34-97632.pdf Source: https://www.sec.gov/litigation/admin/2023/34-97632.pdf In the Order, the Commission found that BBPLC failed to put into place any internal control around the real-time tracking of securities being offered or sold off of its Commission-registered shelf registration statements. As a result of this failure, between June 26, 2019 and March 9, 2022, BBPLC offered and sold an …