Independent thinking for complex markets and current events
The Senate advanced a House-passed foreign aid package for Israel, Ukraine and Taiwan by a 80-19 vote Tuesday afternoon — putting an effort that’s been stalled for months on the precipice of passage. The question now is how long it takes to get to the final vote. Senators were originally slated to be on recess …
https://twitter.com/MariaMateiciuc/status/1743658029893984735 h/t LSR
⚡️BREAKING The US is edging closer to war with the Iraqi army Several explosions are heard in Baghdad, according to reports, the US is targeting members of the Popular Mobilisation Forces which are part of the Iraqi armed forces pic.twitter.com/IlorznVQT8 — Iran Observer (@IranObserver0) February 7, 2024 ⚡Sky News Arabia: "Our correspondent: Drones targeted a …
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Dr. Nomi Prins, geo-macro economist and best-selling author, who breaks down a key message from Federal Reserve Chair Jerome Powell. Prins also says there is a massive risk of more bank failures this year, which will be met with a swift Fed response of more …
Over the weekend, Holcim, a Fortune Global 500 company and one of the largest construction material companies in the world, announced plans to spin off its U.S. division. Holcim USA has been the largest, fastest growing, and most profitable part of the Switzerland-based company. On its own, the U.S. division will be the “leading pure-play …
Julian Assange, the WikiLeaks founder and notorious whistleblower, lost another appeal challenging his extradition to face legal charges in the United States Friday. Now his lawyers say Assange, who previously spent seven years seeking refuge in an Ecuadorian embassy, is “dangerously close” to spending the rest of his life in an American cell. Assange faces …
Bitcoin and other cryptos are so volatile and hard to value that buying them is closer to gambling than investing, David Rosenberg says. Stocks are a claim on a company’s future cash flows, bonds and savings accounts pay out interest, while commodities have industrial uses and demand for them can be modeled using economic data, …
You probably haven’t heard about it but we have come very close to some major airplane disasters recently. And the government’s diversity initiatives have a lot to do with it.
U.S. Dollar Index has now closed below its 200D moving average for the first time since August. Last week $DXY suffered its largest decline in more than a year. pic.twitter.com/sxG09Ge7dU — Barchart (@Barchart) November 21, 2023 Gold creeping closer to $2000 USD 🇺🇸 — Gold Telegraph ⚡ (@GoldTelegraph_) November 21, 2023 A Growing Focus On …
EL PASO, Texas (KFOX14) — The City of El Paso moved forward with implementing a municipal identification card program that will benefit those who cannot obtain a driver’s license or other state-issued IDs. A spokesperson for the city said during Tuesday’s city council meeting how the program will be launched. “In addition, we will have popup …
by Ainslie_Bullion Short squeeze in Bond market imminent A short squeeze has been touted in the bond and treasury market for the last 5 months since 1.2 million was reached on the US 10 Year, with hedge funds continuing their bearish bets. The positioning has in fact grown to a record short position. Short positions …
Contin Jobless Claims in the US rose to 1,716mil in the week ending August 5, 2023, up from 1,684mil in the previous week. pic.twitter.com/hHx7po1nYG — Don Johnson (@DonMiami3) August 17, 2023 BTIG warns S&P 500 may drop to 4200 over coming weeks By Investing.com Michael Burry: Investor who accurately predicted housing collapse bets $2.5 billion …
B of A: “.. US debt to GDP is at an all-time high, and the US now ranks in the bottom 5 (vs. Top 5 in 2000), in line with Emerging Europe. Worldwide Governance Indicators data show the US shifting closer to emerging economies on other measures like political stability ..” pic.twitter.com/AyEAwXRdqb — Carl Quintanilla …
Photo by Katie Nesling From Peter Reagan at Birch Gold Group If you were to ask some market optimists about the possibility the U.S. would officially enter a recession this year, one answer one answer is, “What recession?” Despite widespread expectations that the U.S. could be headed for a recession this year, the economy has proved a lot …
World war inches closer by the day U.S., Allies Hold Record-Setting Military Exercise in Australia in Message Aimed at Chinahttps://t.co/w9wYYBYTFy — Liberty Street News (@LbrtyStreetNews) July 23, 2023
by quad-beep-05 via WSJ: The Swiss National Bank has offered UBS UBS -0.93%decrease; red down pointing triangle Group AG around $100 billion in liquidity to help it take on the operations of Credit Suisse Group AG, according to the people familiar with the matter. Details of the liquidity offer couldn’t be learned but are part of the talks to engineer …
by Aegidius25 The figures released recently regarding the US employment situation were pretty rosey, with the Bureau of Labor Statistics monthly report signaling a gain of 339,000 jobs for May, but how does this compare with another less well known but perhaps more reliable government statistics that try and tell us something about the labor …
