Independent thinking for complex markets and current events
Federal Reserve Governor Lisa Cook “did not ever commit mortgage fraud,” her attorney wrote. The lawyer, Abbe Lowell, asked a judge to temporarily block President Donald Trump from firing her from the central bank’s board. Nearly 600 economists signed an open letter backing Cook and defending the Fed’s independence. Federal Reserve Board Governor Lisa Cook …
Tim Cook didn’t innovate—he just milked Steve Jobs’ legacy dry while manipulating Apple’s stock price through financial engineering. Investors cheered as their portfolios fattened, but the cracks are showing. No real revenue growth, no groundbreaking products, just short-term profit chasing. The reckoning is inevitable. Tim Cook literally added ZERO value to Apple, all he did …
Ukraine’s manpower problem is growing worse as forces have moved from the frontlines of the war against Russia to stage an incursion into Russian territory. Ukrainian forces pierced through Russia’s border last week and have now seized more than 400 miles of territory in the Kursk region, in a surprise incursion that caught Moscow off-guard. But the …
Insiders have been dumping shares heavily over the last 60 days pic.twitter.com/KrT0SyQgQm — Win Smart, CFA (@WinfieldSmart) April 3, 2024 As the storm clouds gather on the horizon, a chilling revelation strikes fear into the hearts of investors: insiders are fleeing the market en masse, signaling a looming crisis. Over the past 60 days, insiders …