Independent thinking for complex markets and current events
Sen. Rand Paul (R-KY) challenged his Republican colleague, Sen. Mitch McConnell (R-KY), to a debate regarding his “Ukraine first policy.” In an opinion article in the Courier-Journal, Paul slammed McConnell for vowing to go after the “isolationist movement” in the Republican Party, specifically in terms of monetary support for Ukraine. While McConnell had announced in …
Patriots, everyone has been to McDonalds at one point or another – it’s by far the largest fast food chain in America, and easily the most well-known. For these reasons, what happens at McDonald’s is often seen as an indication of what’s happening in the broader economy. And currently, what’s happening at McDonald’s is alarming. …
The Reverse Repurchase Agreement (RRP) market primarily affects US Treasury securities but can also influence other short-term interest rates and financial markets. Inching toward RRP reversal. Watch out! Fed counter-injections did wonders in the past year, but face a major roadblock in the quarter ahead. pic.twitter.com/eYAxPuZuys — Steve Donzé (@steve_donze) March 29, 2024 NYC Bancorp …
Minister of Foreign Affairs of Ukraine Dmitry Kulebavoiced a number of theses in an exclusive interview with Sky News Arabia: 🇺🇦It’s time to think about peace in Ukraine 🇺🇦We are working on a peace summit in Switzerland, which will involve as many countries as possible,… pic.twitter.com/g5WaZQpbWu — Sprinter Press (@SprinterPress) March 13, 2024 In a …
Why Walmart’s quick success in generative AI search should have Google worried. Walmart is talking up its ability to use generative AI as a one-stop shop to search when you need to plan an event, rather than online destination to search for individual items. During a call with analysts after its February earnings, Walmart CEO …
“Let's take our country back”: After his triumph on Super Tuesday, Trump sets his sights on the presidential election in November Donald Trump won a landslide victory in the Republican primaries during the so-called “Super Tuesday”, securing his nomination as the US presidential… pic.twitter.com/jKKSKhAF6d — Sprinter Press (@SprinterPress) March 6, 2024 Donald Trump challenged Joe …
Remington Arms, one of the oldest firearms manufacturers, decided to relocate significant parts of its operations out of New York due to a combination of factors, primarily driven by legislative and economic considerations. pic.twitter.com/KdNSEColqL — @amuse (@amuse) February 21, 2024
In a recent turn of events, Robert F. Kennedy, Jr. has issued a challenge to President Joe Biden, urging him to engage in an unscripted debate to address concerns about his cognitive abilities. The call comes in the wake of a series of notable mental blunders by the 82-year-old president. Kennedy, known for his outspoken …
Elon Musk has said he will fund legal challenges to Ireland’s new hate speech legislation. Mr Musk made the comments in a ‘Spaces’ conversation with Gript Media on the X platform that he owns. In the past, he has criticised plans by the Irish Government to combat hate speech and last year posted that the …
CBC won’t touch that. Cause Truedope will order them not to. They don’t want to lose that billion, or two billion in funding Truedope gives them… From taxpayers… h/t Merv01
Luckily, oil prices have fallen significantly from their highs. It's interesting that oil markets are not concerned about geopolitical tensions. This is offsetting some of the impact of higher shipping costs. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) January 16, 2024 https://twitter.com/spaghettimballs/status/1747306662032220188
In a political whirlwind, Donald Trump emerges victorious in the Iowa Caucuses, securing a massive landslide according to Jake Tapper. The news came so early that even Tapper, a CNN correspondent, remarked, “This is the earliest I can remember ever calling such a thing.” What makes this triumph even more remarkable is the context provided …
by Perry-Rodent This year the US has to roll over 7 trillion USD in bonds and finance an annual deficit of around 2 trillion on top of it. BRICS and Japan are nor going to buy US treasuries anymore. Up to now, US bond auctions did not fail because financial institutions had enough excess reserves …
by Stephen Green BIDENOMICS: Americans are racking up more ‘phantom debt’ — why that’s a problem. Some types of debt can haunt you. “Buy now, pay later” loans, especially, can be hard to track, making it easier for more consumers to get in over their heads, some experts say — even more than credit cards, which are …
Despite being the highest-earning generation, millennials grapple with a stark reality – their wealth lags significantly behind. The rising cost of living, outpacing wage growth, is a key culprit, creating financial strains on this demographic. Notably, prices have surged, with ground beef averaging $5.23, up from $3.89 in January 2020. Fresh fruits and vegetables witness …
In an era where trust in traditional media is questioned, the rise of unconventional sources like CatTurd signifies a significant shift. Five years ago, such a notion might have seemed improbable, yet it reflects the growing reliance on independent voices over mainstream outlets like CNN, MSNBC, and ABC. Embracing this reality, where independent media becomes …
AI/Robotics will have a huge influence in many jobs. It's coming. Elon said it can be for good or bad. pic.twitter.com/TgcrHTgakS — floridanow1 (@floridanow1) December 25, 2023
Guardian: Israel has failed The British Guardian newspaper writes that Israel lost the war, but Netanyahu and his radical cabinet do not want to admit it. pic.twitter.com/G4F9WIwrZz — Sprinter Press (@SprinterPress) December 23, 2023 via theguardian: Until recently the war narrative on Gaza has been very largely controlled by the Israel Defense Forces (IDF) and …
The market is literally bullying the @federalreserve – i.e., loosening financial conditions w/ "core" CPI at 2x the @federalreserve's target. This, as @elerianm correctly stated, is what happens when you have a communication problem at the Fed (as we currently do). This is (very)… — Gordon Johnson (@GordonJohnson19) December 21, 2023 Perhaps. But that’s: (a) …
2024 promises volatility! Fund managers bullish on duration, yet crowded trade faces headwinds and risks. 2024 Will Be A Roller Coaster Ride! 🔥🔥🔥 Fund managers are extremely bullish on duration as a majority of them (62%) expect lower long-term rates as inflation falls and the world’s largest central bank turns dovish. Nonetheless, there are several …
They’re not “cutting back” because they’re broke, I’ve seen boxes of cereal going for $7 bucks. The little boxes with Shrinkflation. And the main buyers of cereal are still parents in desperate need of a quick meal for kids, and there are just plain a lot less parents, birthrates are low. General Mills sales down …
This comes exactly 2 months after Argentina's central bank raised rates to a record 133%. Argentina has averaged a 40% inflation rate per year over the last 10 years. Is this last ditch effort going to work? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) December 12, 2023 …
UBS deposit withdrawal issues cropping up. Letter enclosed. HSBC in the UK also having issues. 🚨AS WARNED 7H AGO, CLEARLY THERE IS SOMETHING WRONG WITH $UBS 🚨 Here the summary of the many ⚠️ I posted so far on $UBS for a more convenient read.. we saw it coming form very far 🤷🏻♂️ ⚠️ #BankingCrisis …
by Cr4ck3r51 I’m a wholesaler in Dallas , been in business for 11 years strictly in wholesale. We supply cars to local dealers, since September we used to run 130 cars a week and now we barely running 80 , we went from selling 80% of inventory to 20%-30%. Our volume went down, we can’t …
The car market in a nut-shell: 1) Interest rates at 20-year highs. 2) Consumer savings depleted. 3) Vehicle prices slowly normalizing (with some exceptions). And yet… sales volumes are fine. The real looming issue in the industry right now? Undoubtedly margin compression.… — Car Dealership Guy (@GuyDealership) November 21, 2023
As economic indicators signal a slowdown and companies prepare to cut back amid diminishing business activity, the prospect of a similar raise to the previous year dims for many workers. With the CFNAI pointing to a slowdown in economic growth in October and JPMorgan forecasting declines in key economic metrics, the landscape suggests a cautious …
Elon Musk’s recent actions are seen as a challenge to existing power structures, revealing a deeper struggle for control beyond free speech. Musk’s move to empower individuals with information is met with resistance from those accustomed to maintaining control over various aspects of society. https://twitter.com/Travis_in_Flint/status/1726235860247409017 This past week, there were hundreds of bogus media stories …
Japan’s SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour Tokyo-based SoftBank loss totaled 931 billion yen ($6.2 billion) in the last quarter, a reversal from the 3 trillion yen profit it posted in the same period a year earlier. …. That has been highlighted by the troubles at WeWork, which …
In a heated confrontation, Vivek Ramaswamy took center stage, not only branding the Republican Party as the ‘Party of Losers’ but also demanding the resignation of GOP ChairLady Ronna McDaniel. However, he didn’t stop there. Ramaswamy turned a scalding blowtorch toward NBC, directly challenging the choice of moderators and the media establishment. “This is about …
US housing situation keeps getting worse pic.twitter.com/aTjlWu6cDi — Bravos Research (@bravosresearch) November 2, 2023 https://www.salon.com/2023/11/02/maga-and-christian-nationalism-bigger-to-america-than-hamas-could-ever-be/