Independent thinking for complex markets and current events
Turkey and Argentina used rate pressure management to ease fiscal strain but ended up amplifying inflation and currency instability through loss of market confidence. The former US Federal Reserve chair Janet Yellen says lowering rates to reduce debt service costs can lead to inflation getting out of control. She compared the United States today to …
Tape a banana to it to boost its price to $7.5 million. Follow me for more art tips. — One Thousand Basis Points Of Light (@belize042) December 3, 2024 Seems like a bargain compared to $6.5M for a duct taped banana. Then again, groceries have really gone up under Biden. pic.twitter.com/2ugUdikxZc — Citizen Caller (@CitizenCaller) …
NYC fruit seller cries after hearing banana he sold for 25 cents was auctioned off for $6.2 million: ‘I am a poor man’ “I am a poor man. I have never had this kind of money; I have never seen this kind of money.” NYC fruit seller cries after hearing banana he sold for 25 …
Sotheby’s auctioned the artwork by Maurizio Cattelan on Wednesday; Piece sold to Justin Sun, founder of cryptocurrency platform Tron, who plans to eat it https://www.wsj.com/arts-culture/sotheby-s-auction-banana-duct-tape-maurizio-cattelan-justin-sun-art-basel-miami-02231817 When a banana duct-taped to a wall sold for $120,000 in 2019, social media uproar and an age-old debate about the meaning of art ensued. But artist Maurizio Cattelan’s viral …
The infamous modern art piece of a banana duct-taped to a wall has been valued at more than $1 million, sparking outrage and mockery from online art enthusiasts. Simply titled Comedian by Italian artist Maurizio Cattelan, the art piece went viral in 2019 at the Art Basel Miami Beach fair where three editions of it …
Don’t say it. Don’t say it. Don’t say it … This is bananas! Swedish tabloid Expressen revealed Wednesday that government officials have been ensuring in advance that all places frequented by Gender Equality Minister Paulina Brandberg are free of bananas — due to the minister’s strong phobia of the yellow fruit. In several emails seen …
via pentoport: Powell and the FOMC are pining for rate cuts and to end Quantitative Tightening even though inflation is the most salient issue for businesses, according to the NFIB and ISM surveys. The Fed is still talking about several rate cuts this year and reducing the pace of Quantitative Tightening by half very soon …
BREAKING: Trader Joe's has increased the price of bananas for the first time in more than two decades — the price is now 23 cents apiece up from the 19-cent price set in place in the early 2000s, per Axios. — unusual_whales (@unusual_whales) March 28, 2024 Trader Joe’s customers may experience sticker shock the next …
New York State becomes ‘legal banana republic’ – Prepare for mass exodus of businesses from NY via Foxnews: Legal experts analyzed what they called “breathtaking” civil penalties against former President Donald Trump, Donald Trump Jr., Eric Trump, former Trump Organization Comptroller Jeffrey McConney and ex-CFO Allen Weisselberg – warning other corporations based in the Empire …
by Stephen Green Judge Kathaleen McCormick rescinded Elon Musk's $55 billion Tesla compensation package, overturning the company's board and 80% of its shareholders. McCormick also ruled against @elonmusk during his Twitter acquisition. Before becoming the head of the Delaware Chancery Court,… pic.twitter.com/k2F4CHDJuT — KanekoaTheGreat (@KanekoaTheGreat) February 1, 2024 More: Before becoming the head of the Delaware …
The president of El Salvador quickly weighed in after news that former President Trump was kicked off the ballot in Colorado by criticizing the idea of “democracy” in the United States. “The United States has lost its ability to lecture any other country about ‘democracy,’” El Salvador President Nayib Bukele posted on X on Tuesday …
by Chris Black A protest to force the government to follow the Constitution is somehow an insurrection against the Constitution? The Democrats actively work to subvert the Constitution with every act they do. By their own definition, no Democrat should be able to hold office. Schiff pushed for impeachment using documents he knew were false, …
by IrishGoodbye5782 https://www.morningstar.com/news/marketwatch/20230804249/the-us-debt-will-rise-by-more-than-5-billion-every-single-day-for-the-next-decade I’m American, in Tennessee. The US will quickly become a failed state (I consider it is already) I’d like to remind my fellow Americans (and everyone else), the US government doesn’t give a F*CK about you or your family, and it will only get worse. It doesn’t matter who you vote …
Joe Rogan slams the Biden administration, accusing them of turning the US into a banana republic by arresting Trump, and says Ron DeSantis can't compete with Trump: "These are the actions of a banana republic. You take your political rival and arrest him. Specifically, you… pic.twitter.com/tAyWNw0iUV — KanekoaTheGreat (@KanekoaTheGreat) August 3, 2023
by Chris Black Wtf did I just read?! Hunter Biden plea deal included complete immunity from all future federal investigations. Hunter Biden simple recap: Plea deal contained secret provision to provide Hunter w/legal immunity for all future federal charges currently under investigation Judge said “wtf is this?” DOJ & Defense: “well, uhh..umm” Judge: Never seen …
by Penny1974 Do you honestly think Hunter’s case was handled the same as if it were you or me? Do you honestly believe there weren’t backroom talks with the prosecutor to plea down the charges? “Trumps” prosecutor, like everyone hired under the Trump administration is taking orders directly from him? JUST IN: Biden BUSTED meeting …
by BoatSurfer600 Amazing to see the left with their heads in the sand on this one. They have absolutely no clue how f*cked they are. “This is fine” Kenya has joined the long and growing list of former staunch American geopolitical allies to ditch the dollar in favor of using local currencies, gold or other …
by confoundedinterest17 Nicolas Maduro of Venezuela must be envious of Joe Biden. I don’t think even Maduro has the stones to have his politiical opponent charged with espionage in the run-up to a Presidential election. Particularly when the US President has been bribed by China and Ukraine and has similiar sensitive document hoarding issues (at least Trump …
I AM AN INNOCENT MAN. THE BIDEN ADMINISTRATION IS TOTALLY CORRUPT. THIS IS ELECTION INTERFERENCE & A CONTINUATION OF THE GREATEST WITCH HUNT OF ALL TIME. MAKE AMERICA GREAT AGAIN!!! pic.twitter.com/kQxMDBBLTM — Trump War Room (@TrumpWarRoom) June 9, 2023 Elon Musk: There does seem to be far higher interest in pursuing Trump compared to other …