Independent thinking for complex markets and current events
Futures selling off again. Looking like it’s going to be a rough open. — QE Infinity (@StealthQE4) May 1, 2024 Amidst escalating investor nervousness, sharp outflows from $LQD ETFs signal heightened concerns over US high-grade credit, amplifying anxieties about the looming Federal Reserve interest-rate decision. As traders anticipate the largest Fed-day move in the S&P …
The antitrust lawsuits against Visa, Mastercard, Amazon and Apple filed by the Biden administration might harm their shareholders, including the company of legendary investor Warren Buffett, Berkshire Hathaway, an expert told Newsweek. Nearly half of the Omaha-headquartered holding company’s $364 billion portfolio—42.9 percent—is invested in Apple, with Berkshire Hathaway currently owning a 5.9 percent stake …
The Southeastern United States finds itself at the mercy of a formidable storm system, unleashing significant rainfall with potential repercussions for the Northeast in the coming weekend. As the atmospheric drama unfolds, regions like Columbus, GA, face the brunt with an anticipated 5-7 inches of rainfall. The sprawling metropolitan expanse around Atlanta is not spared, …
Canada anticipates a potential surge in business bankruptcies, with thousands of small businesses at risk after the government ceased pandemic-era support. The end of aid, coinciding with a slowing economy and high interest rates, poses a threat to critical small firms employing less than 100 people. Bankruptcy rates surged 38% in the first 11 months …
Russia believes it has “lost” $300 billion in assets frozen due to sanctions, an independent Russian news outlet has reported, as a lengthy legal fight looms over the money the Biden administration reportedly wants to seize to rebuild Ukraine. However, a market analyst has told Newsweek that such a confiscation of Russian assets could mean …
After the winter storm passes through, Chicago will go into a deep freeze for 8-10 days before seeing 20°F again. Coldest so far projected at -9°F pic.twitter.com/AQ6et9e27H — Ryan Maue (@RyanMaue) January 12, 2024 By Sunday morning, the Arctic blast erases the warmth across Texas sending Dallas down to 13°F pic.twitter.com/05L7pAxu3T — Ryan Maue (@RyanMaue) …
The state will be under a northwest flow today and that will keep most of Colorado dry and seasonal. Plenty of sunshine continues today but the winds will begin to blow. From the Divide east to the foothills they could gust as high as 65 mph. Those winds will weaken as they gust to 30 …
The Washington Post will pause ad spending on X because Elon Musk posted a Pizzagate meme. pic.twitter.com/ZAlv7kpZHB — Citizen Free Press (@CitizenFreePres) November 29, 2023 The Washington Post has been able to attain just half of the job reductions it needs to secure before the end of the year, the newspaper’s leadership said this week. …
The US will need to refinance almost half of its national debt in less than 2 years. Let’s not forget that interest rates were at 0% just 15 months ago. Wait until these debt instruments need to be rolled over at 5% rates. The U.S. credit rating outlook was lowered from “stable” to “negative” this …
1) Airbnb blowup will lead to huge amounts hitting the market at once. Disregarding the decline in profits from these, NYC just banned short term rentals below 30 days, that’s 40k units hitting the market 2) What needs to happen for the fed to sell MBS? Better hope inflation has really died down 3) There’s …