A hub for independent voices and hard truths
Section 31 transaction fee officially resets from $0.00 to $20.60 per million… New rate hit the tape on April 4; effectively ends the “Zero Fee” holiday… Volume cratered 18% in the first hour of trading as HFT algos recalibrate… The …
Rates are screaming, but the market still hums along. The bulls are running on fumes, but they are still running. Just reviewing some charts this morning, and this one jumped out at me. The ~20% correction in April was a …
UKRAINE: Hungarian Foreign Minister Peter Szijjarto declared that Hungary would not provide any financial aid to Ukraine and would veto any attempt by Brussels to fast-track Kyiv’s accession to the European Union. pic.twitter.com/bX7C2vlJnW — @amuse (@amuse) April 15, 2025 Trump: …
Mercedes-Benz Group AG is scaling back its electric vehicle ambitions due to weakening sales, opting for combustion engines instead. In contrast, the Canadian federal and Ontario provincial governments are granting $5 billion in subsidies and tax credits to Honda for …
via dailysignal: A coalition of nearly 4,000 auto dealers on Tuesday sent a letter to President Joe Biden explaining why his plans to force Americans into electric vehicles are unworkable. The bottom line: Despite subsidies to car manufacturers to make the EVs, …
via Mike Shedlock: Both the US and Europe have seen massive drops in demand for bank loans. Meanwhile, the Fed just said they no longer expect a recession. Here’s a Tweet that caught my eye today. Why are Companies Slamming …