Independent thinking for complex markets and current events
The Australian government is seeking to exploit two recent knife attacks to relaunch its misinformation bill after it was put on ice late last year over free speech concerns. From X: Australia’s misinformation bill has been reintroduced to parliament. The bill is fundamentally flawed because it is built on the industry code co-written by First …
ChatGPT website visits are apparently collapsing, according to data from Similarweb, compiled by Goldman. Is this why they were considering that ridiculous $2,000/month subscription and desperately trying to raise funds before the LLM bubble bursts? I do think LLMs have… pic.twitter.com/m7HsJVme8Z — Markets & Mayhem (@Mayhem4Markets) September 6, 2024 Bitcoin vs Nasdaq Update: My ultimate …
CHERRY HILL, N.J., July 30, 2024–(BUSINESS WIRE)–TD Bank, America’s Most Convenient Bank® today announced the findings of its annual 2024 Consumer Spending Index, revealing that half (50%) of respondents say their spending has increased the most on groceries over the last year and more than half (58%) say they spend the most money on groceries …
7. Brazil Judge Moraes blocks Starlink's accounts, Brazil military shares concerns as they depend on Starlink. pic.twitter.com/neux2WstVc — TaraBull (@TaraBull) August 30, 2024 Dictator de Voldemort is engaging in illegal election interference in Brazil https://t.co/D71nkLXqZE — Elon Musk (@elonmusk) August 30, 2024
Walmart has recalled nearly 10,000 cases of apple juice sold in stores across the U.S. that were found to contain potentially harmful levels of inorganic arsenic. The U.S. Food and Drug Administration gave the recall a more urgent classification Friday after making its original announcement Aug. 15. The new classification said the affected product may …
Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. …
Looking for an appropriate description……conspirators, accomplices, confederates, cabal, collaborators, co-conspirators,cahoots , allies, partners in crime….. https://t.co/5sPc6hqMyK — Frank Giustra (@Frank_Giustra) August 17, 2024
Of course Julian Emanuel (Sr Director of Derivatives) wants everyone to stay fully invested. He fails to explain derivatives speculation in small caps while mega caps sell off is always how the market finishes the economic cycle right before collapse.https://t.co/C0RiBmR3J6 — Financelot (@FinanceLancelot) July 31, 2024 I'm shocked people think rates will go down instead …
"US data consistency surprising to the downside since May has re-kindled recession concerns among US credit investors." – BofA Seliger pic.twitter.com/I4Wkn40UWg — Daily Chartbook (@dailychartbook) July 29, 2024 "The US economy is slowing, which is just fine with the Fed," per Bloomberg. — unusual_whales (@unusual_whales) July 29, 2024 BREAKING: Personal saving rate declined to 3.4% …
by drsupermrcool Hey all – am working to compile a list of all current structural economic problems that we’re tracking along with the corresponding data/facts to back those points Extended yield curve inversion which predates most (if not all) recessions in the US https://www.usbank.com/investing/financial-perspectives/market-news/treasury-yields-invert-as-investors-weigh-risk-of-recession.html Unemployment has small rises in the past couple of reports – …
Some Wall Street banks are quietly offloading their portfolios of commercial real estate loans, hoping to cut their losses. These actions stem from concerns that landlords of vacant and struggling office buildings may not be able to pay off their mortgages. The broader distress in the commercial real estate market is driven by high interest …
Gotta get to the end of this schtick…LOL Now the media ( note their language used in identical reports) are become a public joke Jon Stewart on American mainstream media…..😂😂😂 pic.twitter.com/dHEuIGlLPj — Richard (@ricwe123) June 13, 2024 h/t Dodger007
The increasing number of suspected clade I mpox virus cases in the Democratic Republic of the Congo (DRC) poses a global threat for potential spread, the CDC said. From Jan. 1, 2023 to April 14, 2024, multiple outbreaks of clade I mpox occurred across 25 of the DRC’s 26 provinces, with nearly 20,000 suspected cases …
The SPY (S&P 500) ETF has surged with a nine-day winning streak, marking its longest stretch to a new high since 2020. Despite economic concerns signaled by the Citi US economic surprise index, the S&P 500 approaches record highs. In a surprising twist, bad news appears to be driving market optimism, with Goldman earnings estimates …
She is so bad that it is comedy now. “Top aides to President Biden secretly hatched a plan this past fall to replace White House press secretary Karine Jean-Pierre by recruiting outside allies to nudge her out the door, The Post has learned. Jean-Pierre had developed the exasperating habit of reading canned answers directly from …
Can't Make It Up: The President of the United States has been assigned “walkers.” You heard that right. The man that has access to nuke codes now requires aides to escort him across a lawn. These handlers now walk between Biden and the pool cameras, "to draw less attention to… pic.twitter.com/RO81Dvufb6 — Western Lensman (@WesternLensman) …
Tesla’s recent earnings stumble, coupled with its first year-over-year sales drop, casts a shadow over the electric vehicle giant. Despite bold initiatives like the Cybertruck launch and pricing adjustments, revenue plummeted by 9% in Q1, prompting investor alarm. Despite Tesla's efforts, including the launch of the Cybertruck and refreshing the Model 3 with lower prices …
Dollar Tree is causing commotion with its recent price update. True dollar prices are a thing of the past in Dollar Tree. The discount giant is raising prices again, with some items as high as $7. The company also announced that the sister brand Family Dollar will close nearly a thousand stores starting this year. …
In a significant turn of events, the WHO Working Group has made substantial revisions to its International Health Regulations (IHR), addressing long-standing criticisms and concerns. This climbdown marks a pivotal victory for national democracy, free speech, and human rights, with several contentious proposals being dropped from the interim draft document. As the final negotiations approach, …
The political landscape of San Francisco is undergoing a significant transformation, driven by the shifting attitudes of Chinese-Americans. Concerns over anti-Asian violence, education policies, and street homelessness have propelled this community toward more moderate political positions, influencing recent voting patterns and shaping the upcoming mayoral race. Key Points: Chinese-Americans in San Francisco are shifting away …
Over 80 earthquakes, with the strongest measuring 6.3 magnitude, hit Taiwan’s east coast from Monday night into Tuesday. The quakes were centered in Hualien, a rural eastern county, causing buildings in Taipei to shake. Taiwan experienced a devastating 7.2 magnitude earthquake on April 3, resulting in at least 14 deaths and numerous aftershocks. This is …
Gold prices tumbled on Monday as investors weighed up fading geopolitical tensions eased and investor appetite swung towards stocks and other perceived riskier assets. Gold based on continuous prices (GC00) (GCM24) fell $39.50, or 1.6%, to $2,374.50. That percentage drop is the biggest one-day decline since Dec. 4, 2023 when the contract tumbled 2.27%. Front-month …
The current state of the market reveals concerning trends, as the Dow struggles to maintain upward momentum, with each rally attempt met by afternoon declines. This pattern, coupled with the VIX’s significantly lower level compared to previous market peaks, suggests a market environment characterized by extreme complacency. Such conditions, reminiscent of periods preceding market crashes, …
The precipitous decline in the value of a prominent Class A office tower, 750 Lexington in NYC, sends shockwaves through the commercial real estate sector, with Morningstar reporting an alarming 83% decrease in valuation since 2015. The transfer of a $130M loan tied to the building into special servicing due to default further exacerbates concerns …
The U.S. Stock Market is the most concentrated it’s been since the Great Depression pic.twitter.com/VpsGnsHJNY — Win Smart, CFA (@WinfieldSmart) April 9, 2024 The dwindling presence of small-cap stocks in the US equity market is ringing alarm bells reminiscent of the Great Depression era. Currently, these stocks represent less than 4% of the entire market, …
The permanently anchored mariners will be provided housing vouchers and a $150-per-foot buyback for the removal of their boats Biologists argue that the vessels have caused extensive damage to seagrass that makes up a key part of the marine ecosystem But some anchor-outs fear they will be unable to afford life on land A community …
Credit card interest rates just hit a new record high in Feb – American families are paying over $240 billion a year just in interest on this debt, before a single dime goes to paying down the principal: pic.twitter.com/N6UxBnyZcl — E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024 https://twitter.com/WallStreetSilv/status/1776411944087384164 https://twitter.com/StealthQE4/status/1776409323754729972 "Can someone explain to me why …
Food Inflation since 2019 pic.twitter.com/HzChTeIbHt — Win Smart, CFA (@WinfieldSmart) April 4, 2024 They are definitely losing control over #oil prices 👀 https://t.co/ssixSkhvse pic.twitter.com/Q3Qo25AwoZ — JustDario 🏊♂️ (@DarioCpx) April 5, 2024 Oil analysts are getting worried about an expensive summer driving season, with WTI prices surging by about 20% so far this year. “The market …
“Among younger voters in the 18-39 age group, Biden is up only by a single point: 43 percent to 42 percent. With all five candidates competing, the numbers still look terrible for Biden. Joe (“Old Yeller”) Biden earned only 44 percent of the black vote, 29 percent of the Hispanic vote, and 37 percent of …
Economic data looks rosy, so why are people complaining? Maybe it’s because the data is being manipulated. Consider this:– BLS Household Survey shows 5 million fewer employed workers than its payrolls survey– Phila Fed just admitted payrolls overstated by 800k– The… — Robert F. Kennedy Jr (@RobertKennedyJr) April 1, 2024