Independent thinking for complex markets and current events
It looks like we’re heading back into a deflation and recession scenario, but this time, tech stocks won’t be the safe haven they once were, thanks to the overhype around AI. In summary, the deflation/recession trade is coming back on in size. And this time it won't include Tech stocks. The AI buffoonery made sure …
In early March, U.S. banks faced substantial unrealized losses, ominous figures hinting at potential disaster. At the end of 2022, these losses hit $1.7 trillion, nearly matching the total equity of U.S. banks, which stood at $2.1 trillion. Rising interest rates slashed the value of assets like U.S. Treasuries and mortgage-backed securities, mainstays in bank …
House Judiciary Chairman Jim Jordan called Manhattan District Attorney Alvin Bragg and Joe Biden‘s DOJ hatchet man Matthew Colangelo to testify before the Weaponization Committee on June 13 following the guilty verdict against Trump. Bragg’s top prosecutor Matthew Colangelo previously worked in the Justice Department (Biden appointee) and is a lifelong left-wing activist. Biden sent …
The buzz around the recent revelation that the U.S. government and the Federal Reserve are secretly plotting to lower interest rates just before the upcoming election has caught everyone’s attention. This maneuver has sparked debate and raised eyebrows across the nation. According to some insiders, the plan involves the Federal Reserve subtly manipulating interest rates …
President Biden made a surprise nighttime visit to the Delaware home of Hallie Biden on Sunday — just before she’s due to serve as one of the most important witnesses at first son Hunter Biden’s federal trial for alleged gun crimes. Biden stopped by Hallie’s home around 8 p.m. for a brief private talk eight …
Even Rome let the pleabs in for bread and circuses. City of Minneapolis Paid $74 Million Plus Another $140 million dollars for Target Center & Can’t Watch Wolves Playoff Game Tonight! https://www.lrl.mn.gov/guides/guides?issue=target#:~:text=2016%20March:%20The%20Minneapolis%20city,million%20renovation%20project%20is%20completed. The poor kids working at Burger King get their paycheck and wonder where it all went. Well—taxes – that is where. $214 million …
Jumping ship before the biggest crash since 1929? https://t.co/y2JhS9Cfdk — Financelot (@FinanceLancelot) May 20, 2024 https://twitter.com/1CoastalJournal/status/1792640143809036363 I haven't talked about banks recently. Yesterday, the largest U.S. bank JP Morgan tanked when Jamie Dimon said he will retire sooner than expected (less than 5 years) AND no stock buybacks at these levels. Recall the stock tanked …
The strength of this monthly candle is really Bullish. If we have no manipulation I see no reason that $40 should be a problem. In Trader terms this is what we call a Blue Sky Breakout! Rare or unchartered territory! h/t lifeofleisure2068
1 out of 7 Gen Z consumers saw their credit maxed out in Q1 2024, according to the New York Fed. This is the highest percentage since the 2020 pandemic lockdown. Meanwhile, 12% of Millennials have utilized over 90% of their credit limit, an even higher share than the pandemic.… pic.twitter.com/6CIE2eO8CR — The Kobeissi Letter …
“SoftBank's implosion is like watching a train wreck in slow motion. You know the outcome, but you just don't know how many frames are left before you get there” https://t.co/NStRjrwJml pic.twitter.com/3GA2FX4Ra7 — JustDario 🏊♂️ (@DarioCpx) May 13, 2024 This is one of my favorite #Softbank 2023 shenanigans so far 🤭 – Softbank "buys" all SVF1 …
HOUSTON, Texas (KTRK) — Eyewitness News obtained a deeply disturbing video of a murder in broad daylight. On May 3, the victim, Steven Anderson, was walking on Woodridge Square Drive to pick up mail when a car ran him over. The suspect is 20-year-old Karon Fisher, identified in court records as a man but also described …
Hospitals Are Refusing to Do Surgeries Unless You Pay In Full First Heather Miconi has seven weeks to come up with $2,000 to pay for surgery her daughter needs to breathe more easily. Merritt Island Surgery Center in Merritt Island, Fla., billed Miconi in advance of the adenoid and tonsil surgery. If she can’t pay …
Judge Arthur Engoron, who ordered Donald Trump to pay a $454 million judgment, is under investigation for allegedly receiving unsolicited advice from a prominent real estate lawyer, Adam Leitman Bailey, prior to the ruling. Bailey claims he urged Engoron to “get it right” but denies any influence or connection to Trump’s cases. The New York …
The world’s largest floating solar power plant, situated at Omkareshwar Dam in Madhya Pradesh, India, suffered destruction from a storm just days prior to its anticipated inauguration, leading to widespread disappointment and questioning of foresight. The world’s largest floating solar power plant—located at Omkareshwar Dam in Madhya Pradesh, India—was destroyed by a storm in early …
Fani Willis refuses to testify before Georgia Senate committee. She believes she is above the law.pic.twitter.com/JDFAYis1xn — Citizen Free Press (@CitizenFreePres) May 6, 2024
After 15 years Bitcoin has officially processed nearly as many transactions as the world needs in one day. In 2022, global credit card transactions were estimated to total 678 billion, or 1.86 billion per day. https://capitaloneshopping.com/research/number-of-credit-card-transactions/#:~:text=Highlights.,%2D10%20in%2Dstore%20purchases. Bitcoin costs (before recent halving) more than 100 CO2e per coin and emits more pollution than whole countries, yet over …
View post on imgur.com The recent wave of pro-Palestinian protests on college campuses came on suddenly and shocked people across the nation. But the political tactics underlying some of the demonstrations were the result of months of training, planning and encouragement by longtime activists and left-wing groups. At Columbia University, in the weeks and months …
Education Department found the school misled students about alumni success Used one-time student Serena Williams’ multi-million dollar salary to skew the average wage of graduates President Biden has wipe out debt for 4.6 million borrowers since taking office The Biden administration announced Wednesday it canceled $6 billion in student debt for borrowers who attended the …
Ahead of Google’s annual I/O developer conference in May, the tech giant has laid off staff across key teams like Flutter, Dart, Python and others, according to reports from affected employees shared on social media. Google confirmed the layoffs to TechCrunch, but not the specific teams, roles or how many people were let go. “As …
The corridors of power in Washington are abuzz as the House of Representatives has taken a historic step that could lead to the unprecedented ban of a social media behemoth—TikTok. This is not just a tale of legislative prowess flexed for national security; it’s also a story deeply entwined with the stock market, where timing …
before the case: Tommy Robinson Makes Sky News “Journalist” Victoria Bird Look Clueless as Her Colleagues Laugh Along when he asks what he is charged with she had to go to her phone to look it up… while she squawks about her being a journalist SHOCKER: Charges Dismissed Against Tommy Robinson All charges dropped against …
How many steps away from ‘no mark of the beast – no entry’ – UK tesco 1st store to implement change, checked via CCTV before entry 😂😂😂 Locked outside Tesco. Would you wait around here until you were ‘deemed’ not to be a threat, it’s not as if it’s Harrods, is it? ‘Shoppers have to …
via naturalnews Iran launched hundreds of drones and missiles targeting Israel on Saturday, April 13, in retaliation to a suspected Israeli strike on Iranian embassy compound in Syria. A young girl was critically injured during the attack, but most of the drones and missiles were downed before reaching Israeli territory. A senior official in President …
His administration’s foreign policy is a dumpster fire. Diplomacy? More like incompetence and weakness. Joe Biden: “Make no mistake: the situation with Iran is a crisis of Donald Trump’s own making. No strategy when it comes to Iran. No endgame Make no mistake: the situation with Iran is a crisis of Donald Trump's own making. …
2024 is shaping up to be the year of travel reprieves. Hot on the heels of the European Union postponing (again) its much-mooted ETIAS program, which will require visitors from most non-EU countries to obtain pre-travel clearance, Brazil has pushed back the start of its new visa system for travelers from the US, Canada and …
🚨 Congress gives itself a carve out in the reauthorization of FISA 702 warrantless spying on Americans. The bill requires the FBI to notify and seek consent from Congress before violating the privacy of Congressmen. This will persuade many members of Congress to vote yes. pic.twitter.com/usKVeNnq3b — Thomas Massie (@RepThomasMassie) April 9, 2024
The Target corporation was once known for being a retail giant and a very popular household name. The founder of the Target Corporation, George Dayton created the business with the people and community in mind. E-commerce came in and changed the game for traditional retail, this led to shifts in consumer behavior and expectations. Dive …
Fox News reports that Rep. Mike Gallagher, R-Wis., chairman of the House select committee on China, is announcing he’s leaving Congress on April 19, which, Elizabeth Elkind points out, will temporarily leave House Republicans with just a one-seat majority. Causing Chad Pergram to ask: Could the Republicans’ slim House majority slip away before November? Have RINOs and/or NeverTrumpers decided that, instead …
