Independent thinking for complex markets and current events
The Prime Rate is now 8.5%, the highest since it hit 9% in 2001. Prime hasn't exceeded 10% since the 1980s. Many loans are set at prime plus a premium. From 2008 to 2022 Prime was mostly 3.5%. The record high was 19.5% in 1981. I believe that the high this cycle will exceed 20%. …
by winterc1 Apple has one of the weirdest financial statements in the stock market, with PBR=45 and PER=30. This means the company’s yearly profit is greater than the equity it holds. In fact, despite being one of the most profitable company in the world, Apple’s equity has decreased from $140B (Dec. 2017) to $60B. Why? …
🚨🚨🚨 WHAT IS GOING ON IN NEW YORK ??? CAMPS ?? REALLY ?? I can’t believe we’re still dealing with this!! Please watch and share!!! 🚨👇🏼 pic.twitter.com/lbrAuBsmi9 — TONY™ (@TONYxTWO) September 14, 2023
by Dismal-Jellyfish Wut mean?: On the flipside, this means 66.1% of retail investors and 56.03% of institutional investors believe the probability of a catastrophic stock market crash in the U. S., like that of October 28, 1929 or October 19, 1987, in the next six months is above 10%.
by ihasanemail [So I’m a Mandarin-speaking Asian dude from Texas. This is all anecdotal, so this is only my first-hand observations. Feelings are useless in trading. You a moron if you trade off a story versus hard facts.] I was in Beijing for a wedding, then was a tourist through Chengdu and Harbin and various villages …
by Michael The more that I dig into this story, the more it smells. A few days ago, I wrote an article about some of the unanswered questions that many of us had about the fires in Hawaii. We are now getting answers to some of those questions, and what we are finding out is deeply disturbing. …
by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 11th consecutive week above $100 billion! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …
“The Biden Crime family will be forced to pay a price… and that price will be very, very substantial”. h/t BFD
by Invesdea So Nvidia +7% today because Morgan Stanley thinks Nvidia is their top pick. Rating: Overweight Price Target: $500 ($437 today) I agree with Morgan Stanley that I don’t see demand will drop anytime soon considering all the AI startups are booming and some of them are actually useful (i.e. Midjourney). But I also …
Remember when this came out?🚨🚨 No one will believe this was real in the future. 🔊 pic.twitter.com/1aYteTYHCL — Wall Street Mav (@WallStreetMav) August 4, 2023
https://twitter.com/BernieSpofforth/status/1683741803663572992 'Climate Science' debunked in 90 seconds. pic.twitter.com/WauPVIh0ii — Dr. Simon Goddek (@goddek) July 24, 2023 #1 The term #ClimateGate was first coined in a critical article by @JamesDeling for the @Telegraph. Unsurprisingly, the piece has since been removed ten years ago. However, the article can still be accessed via the archive (https://t.co/RPrnlezsS6). pic.twitter.com/fp8KM9C2Fh — …
by Michael Do you believe in God? If so, you belong to a portion of the population that is steadily shrinking. Yes, a majority of Americans still think that God exists, but the trend is clearly going in one direction. So are we headed down the same road that so many post-Christian nations in western …
by Dismal-Jellyfish Borrowing from the Bank Term Funding Program is on the increase again! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial shrink in M2 and dip in deposits. …
Fund managers are incentivized to push the soft landing narrative; their income depends on faith in the market. h/t DesmondMilesDant
Banks would lose $541 billion in ‘hard landing’ contingency: Fed The Federal Reserve said Thursday that banks are well capitalized enough to endure a severe recession but stand to lose $541 billion if the economy heads south. The findings came from the Fed’s annual stress test of the banking sector, which is based on major …
https://twitter.com/Rasmussen_Poll/status/1671836717760872449/history Marjorie Taylor Greene to Force Bribery Biden Impeachment Vote: ‘We Have Bank Records . . . Everyone Knows That Joe Biden Is a Criminal!’ Rep. Marjorie Taylor Greene (R-GA) in the coming days will introduce articles of impeachment against President Joe Biden under a privileged resolution. By superseding House Republican leadership’s ability to control …
00:00 – Introduction and show’s overview discussed. 00:27 – Record average credit card interest rates outlined. 01:26 – Central Bank’s reaction to rising credit card rates explained. 02:23 – Further increase in credit card interest rates reported. 03:20 – Shift in consumer behavior towards increased credit card repayments. 04:19 – Potential repercussions of rate increase …
US BANKING SYSTEM IS SOUND AND RESILIENT. — The Macro Pulse (@TheMacroPulse) June 21, 2023 of course it is.. pic.twitter.com/LskTAKVwHG — *nothing*to*see*here* (@_TE_Para_) June 21, 2023
https://twitter.com/DataDependant/status/1671140724744519681 Rents collapse 20% in Austin? I thought there was a housing shortage? pic.twitter.com/GQtxMLYqIf — Darth Powell (@VladTheInflator) June 20, 2023
by AssuredlyAThrowAway On May 31, 2023, Reddit announced a policy change that will kill essentially every third-party Reddit app now operating, from Apollo to Reddit is Fun to Narwhal to BaconReader, leaving Reddit’s official mobile app as the only usable option; an app widely regarded as poor quality, not handicap-accessible, and very difficult to use for moderation. In …
Skynews: Applicants seeking to join RAF described as ‘useless white male pilots’ Leaked emails show the pressure apparently being applied to filter out white male recruits and fast-track women and ethnic minorities. It can also be revealed 31 white men are to receive £5,000 each to compensate them for being unfairly disadvantaged by the approach. …
White House refuses to address the fact that today the majority of Americans believe the President himself is corrupt. pic.twitter.com/ly2a6uiIH5 — @amuse (@amuse) May 31, 2023 ‘Wow!’ Stunned John Kirby Stammers Out a Denial and Leaves Podium after White House Reporter Details Joe Biden Bribe Allegations and Whistleblower Charges, Asks About Majority of Americans …
