Independent thinking for complex markets and current events
No way this is true. Tariff rate for a doll is 25%, so $800 tariff would be on a doll worth$3,200. — Jackie Staaf (@StaafJackie) December 22, 2025 pic.twitter.com/3QiXj2zlCu — Mahovolich (@mahovolich) December 21, 2025
Homebuyers’ demand just dropped again in late 2025 – showing that the U.S. Housing Market downturn is getting worse. NAR’s pending sales index just dropped -1.2% from last year, and is down -27% from the long-term norm. Homebuyers are on strike, and the market has gotten so bad that sellers are now quitting. Access housing …
Brown University’s Cost of War Project has released a shocking report demonstrating that since the Oct. 7 Hamas attack on Israel the United States has spent up to $34 billion dollars to assist Israel on its multiple wars in the region. Millions have been displaced, with multi-hundreds of thousand casualties. Also today: Russia/US rapprochement is …
Authored by Mike Shedlock via mishtalk, Continued claims hit a new high since November 2021. Continued unemployment claims, data from Department of Labor, chart by Mish Today, the US Department of Labor released Unemployment Claims for the week ending August 16. Initial Claims In the week ending August 16, the advance figure for seasonally adjusted initial claims …
A migrant mother in Boston received $30,000 through Governor Maura Healey’s HomeBASE program. She used it in under 10 months. The program was designed to last two years. She’s now asking for more help https://www.dailymail.co.uk/news/article-14969147/migrant-mom-complains-taxpayer-housing-handout-massachusetts.html The program requires families to pay 30% of income toward rent. Nadine lost her job. Her boyfriend left. Her share …
Snowflake debuted at roughly 100× revenue valuation at its IPO, even though it was doubling revenue annually. Palantir meanwhile is clocking in at around 30% annual growth—a sharp disparity. Investors are now questioning how PLTR earned wildly higher multiples given slower expansion. https://www.businessinsider.com/palantir-q2-earnings-preview-pltr-stock-price-outlook-ai-forecast-2025-8 Palantir’s Q2 revenue surged 48% to $1 billion, boosted by U.S. government contracts …
New Medicaid work rules are set to drop 30,000 Central New Yorkers from coverage That’s not a policy tweak That’s a system shock Syracuse’s three hospitals are bracing for 14,500 newly uninsured patients Not over a decade Over two years That’s one in five of their Medicaid load evaporating These hospitals don’t get to turn …
Solar stocks such as Sunrun (RUN), SolarEdge Technologies (SEDG) and First Solar (FSLR) plunged overnight after the newly released Senate budget bill would keep a full phase-out of solar and wind energy tax credits by 2028. The GOP-led Senate Finance Committee late Monday unveiled changes to the Trump budget bill that passed the House, but …
TRUMP ON CHINA TARIFFS: "Maybe the children will have 2 dolls instead of 30 dolls, & maybe the 2 dolls will cost a couple of bucks more than they would normally." pic.twitter.com/fSLXo6lf1H — Breaking911 (@Breaking911) April 30, 2025 WASHINGTON (AP) — President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and …
Inflation is now just 1.35% according to real-time index Truflation. Eggs are down 30%. Oil is down 14%. Commodities are falling a percent per week. Expected housing inflation went from 12% to just 1.1%. The left is scrambling for new talking points. https://t.co/FGAZ7vfh0G — Wall Street Mav (@WallStreetMav) March 20, 2025 Inflation in the United …
Warren Buffett’s Berkshire Hathaway purchased more shares of Occidental Petroleum after the oil and gas producer tumbled more than 30% from its record high. The Omaha, Nebraska-based conglomerate scooped up 763,017 shares of the Houston-based energy company on Friday for $35.7 million, according to a regulatory filing. Berkshire is Occidental’s biggest investor, holding a 28.2% …
Jan 30 (Reuters) – Retailer Costco Wholesale (COST.O), opens new tab will increase pay for most of its hourly U.S. store workers to more than $30, according to a memo sent to employees this week. The company will increase hourly pay for its top of the scale employees over the next three years, with the …
“Everyone’s talking about the high price of Ozempic, but here’s the truth: about 30% of the cost of every prescription drug is a kickback to pharmacy benefit managers. If Ozempic costs $1,000 a month, $300 is going to middlemen. It’s a pay-to-play system.” 🇺🇸 BRIGHAM BUHLER: 30% OF YOUR PRESCRIPTION COST IS A KICKBACK "Everyone’s …
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 …
SINGAPORE: A man who posted a video of himself slicing a bottle with a samurai sword was charged in court on Monday (Oct 30) after someone lodged a police report. Joel Ezekiel, a 49-year-old Singaporean, was handed one charge of possessing a knuckle duster without lawful purpose. Ezekiel was remanded and appeared in court via video-link, draped …
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 …
Gingrich earlier tonight. 'We are drifting towards the greatest constitutional crisis since the 1850s. This indictment is a desperate effort by a corrupt machine to destroy their most dangerous opponent, in a way which obliterates the Constitution."pic.twitter.com/ntUpCHxQDM — Citizen Free Press (@CitizenFreePres) August 15, 2023 Gingrich goes on to urge House Republicans to cut off …
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 …
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 …
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 …