Independent thinking for complex markets and current events
by confoundedinterest17 It is a brave new world as the US attempts an Argentina-like shift from an over-regulated, corrupt economy to a more free economy. While Argentina has Javier Milei, the US is stuck with greedy Democrats and RINOs and their bloated spending sinking any attempt to cut wasteful spending. So as we transition from woefully …
Another solution 🤷🏻get rid "traffic light" coalition government! It’s been all 🛑 lights 😏 for energy, competitiveness & innovation. — bob gonzales (@BobgonzaleBob) December 16, 2024
Why not add $GLD. Like $MSTR it is an asset holding entity. — Michael Lebowitz, CFA (@michaellebowitz) December 10, 2024 While MicroStrategy technically still conducts some data analytics business, it’s now such a small part of its operations that I consider it no longer a true business. The primary focus has shifted to being a …
by Michael Are you ready for economic conditions to get even worse in 2025? It would be difficult to find any economist that is willing to argue that global economic conditions are better in late 2024 than they were in late 2023. The Chinese economy is deeply struggling, Europe is a mess, and four years …
If the university didn’t see the ponzi ending, what business do they have teaching? Surely they could’ve see the excesses when the money was rolling in. — Brian Matthews (@resaleTOhomes) November 30, 2024 2/ Factors fueling the crisis: Domestic tuition freezesCapped international enrolmentRising costs and stagnant government funding. — Shazi (@ShaziGoalie) November 30, 2024 4/ …
This interview is so disturbing on so many levels. When Sam Bankman-Fried was interviewed on Bloomberg, at least Matt Levine was intelligent enough to call it out and say “it sounds like you are telling us you are in the ponzi busines, and business is good.” Sorkin swallows Saylor’s completely nonsensical use of exotic sounding …
WARNING: Small business earnings are contracting sharply This is typically seen heading into economic downturns pic.twitter.com/pxrdn3cxzP — Bravos Research (@bravosresearch) November 20, 2024 Small business earnings are sharply contracting, a clear warning sign of an impending economic downturn. The NFIB Small Business Optimism Index has remained below its 50-year average of 98 for 34 consecutive …
I'm starting a new business and we're only going to buy Bitcoins. We'll be massively leveraged to a worthless asset. And number one in Nasdaq dollar volume. Day after day. pic.twitter.com/QuE3QveoGA — Mac10 (@SuburbanDrone) November 20, 2024 Marketplace BAFFLED by @saylor 👑 $MSTR now borrowing to buy #Bitcoin at 0% 🤯 The interest rate itself, …
Carr's letter focused on @NewsGuardRating, so the company's response is worth reading – it says "every statement in the letter about NewsGuard is false, citing unreliable sources" pic.twitter.com/cd9lc4bFAU — Brian Stelter (@brianstelter) November 18, 2024 You can’t make it up. NewsGuard says it provides apolitical guidance on "misinformation.” Yet one of its own Advisory Board …
RFK Jr. leads by example and only eats good healthy food, never processed junk food. Then sits down to dinner with a Big Mac, fries and Coke. Last night: Picture from Trump Force One after UFC 309 pic.twitter.com/BnfU51ReAZ — Visegrád 24 (@visegrad24) November 17, 2024 AC
Nov 14 (Reuters) – The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft’s (MSFT.O), opens new tab cloud computing business, sources familiar with the matter told Reuters on Thursday. The agency is examining allegations that the software giant is potentially abusing its market power in productivity software by …
In October 2024, small business uncertainty skyrocketed to an all-time high. The National Federation of Independent Business (NFIB) reported that its Uncertainty Index hit a staggering 110, the highest it has ever been. This jump in concern stemmed from the upcoming U.S. presidential election, with many small business owners fearing the potential economic shifts under …
Job cuts accelerate in October with strikes, mass furloughs, layoffs, & small business closures at elevated levels. Over 109,000 cuts per our preliminary figure. Final figure available on Sunday, as always. #MacroEdge #DrivenbyData pic.twitter.com/9cPnR1qDr9 — MacroEdge (@MacroEdgeRes) October 31, 2024 *US BLS: OCT. TRANSPORT EQUIP. JOBS FALL 44K, REFLECTING STRIKE *US BLS:HURRICANES LIKELY AFFECTED OCT. …
Compared to last times negative 99.5% Ford Crushed After EV and Warranty Costs Hit Earnings https://t.co/IMFu4G4HiA — Nobody Special (@JG_Nuke) October 29, 2024 h/t neyo7081
“ELON: MANY BUSINESS LEADERS SUPPORT TRUMP BUT ARE AFRAID TO BE PUBLIC “I’ve talked to a lot of people, leaders in business and technology, because I was like, guys, you really need to go out there and fight hard because if America falls, your company’s going to fall with it. I wish more leaders in …
by confoundedinterest17 Communications breakdown! As Harris wordsalads her vision of the economy saying small businesses are the backbone of the US economy, but small businesses aren’t feeling it. Small business optimism remains below 100 at 91.5. Perhaps the themesong of Harris/Walz should be “economy breaker.” Or former San Francisco Mayor Willie Brown’s livin’, lovin’ maid.
The energy unit of Warren Buffett’s Berkshire Hathaway, the second largest US clean power owner, will pay about $3.9bn for the minority 8% stake held by the family of a late board member. In a regulatory filing Tuesday, Berkshire Hathaway Energy (BHE) said it is buying more than 4.4 million shares from “certain family members …
After the bombshell indictment of Eric Adams by a federal grand jury, New York City’s powerful business community is scrambling to figure out how to deal with the real possibility of a socialist taking over City Hall. Business titans are said to be terrified at the prospect of Jumaane Williams, the left-wing, anti-cop Public Advocate …
September @KansasCityFed Manufacturing Index down to -8 vs. -5 est. & -3 prior … new orders slipped to -14 (-12 prior); workweek declined to -15 (-10 prior); production fell to -18 (+6 prior) … employment fell to -11 (-7 prior), taking out improvement in August pic.twitter.com/x0q2QUV1Y3 — Liz Ann Sonders (@LizAnnSonders) September 26, 2024 "There …
An India-based hotel operator is to purchase America’s most popular motel chain in a $525 million all-cash deal. The deal will see budget motel chain Motel 6 being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm Blackstone, which owns Motel 6’s parent company G6 Hospitality …
FedEx CEO says “The magnitude of the Fed rate cuts . . . signals the weakness of the current environment,” as priority shipments between businesses, a bell-weather of the economy, dropped FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from speedy, …
Despicable. The people who are meant to represent their citizens despise them. — Cash Loren (@Cashloren) September 18, 2024 This incident involved Springfield, Ohio City Council Member Krystal Brown. During a council meeting, she was caught on a hot mic saying, “literally I really don’t give a sh*t about the business of the city.” This …
by Mike Maharrey Russian businesses are using gold to pay Chinese suppliers as a way to skirt economic sanctions. According to the Russian website Russia’s Pivot to Asia, Russian businesses are buying physical gold in Russia and then transporting it to Hong Kong via courier. There, the gold is sold, and the cash is deposited into …
…In total, Goldman Sachs has lost a staggering $6 billion pre-tax since the beginning of 2020 “on a big chunk of its consumer-lending businesses, including its credit cards”, a sad confirmation of our 2018 warning. Several factors contribute to Goldman’s massive losses associated with Apple Card, including lax underwriting standards and the resulting charge-off rates that …
Source with further context I was curious if the same thing happened in the US, I looked up the data and here’s what I found: Since 2012 US business starts have jumped dramatically and it has remained pretty consistent, it’s below its COVID highs but still substantially above the 2012 figures. Quarterly number of business …
Swift is a billion dollar brand. Why risk alienating 50% of your fans? I’ll never understand why these celebrities take any side in politics. It’s just bad for business. https://t.co/yx0QnPTe2Y — QE Infinity (@StealthQE4) September 11, 2024
A Texas hotel may be shut down after 693 police calls were made in just two years at the property for suspected illegal and gang-related activity, according to legal documents. The Gateway Hotel has received a temporary and permanent injunction from the El Paso County Attorney’s Office to cease operations after “habitual criminal activity” was …
Citi: pic.twitter.com/qRIJKv8LZt — The Coastal Journal (@1CoastalJournal) September 9, 2024 Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a …
Vice President Kamala Harris is planning to unveil a new proposal to provide small businesses a $50,000 tax deduction for startup expenses. The policy would be a tenfold expansion of the current $5,000 startup tax deduction. Donald Trump has attacked Harris’ economic policy record and attempted to pitch himself as the candidate who would be …