A hub for independent voices and hard truths
DEFICIT: For the first time the CBO is admitting Trump’s tariffs (or threat of tariffs) could cut the deficit by trillions. h/t @WallStreetMav pic.twitter.com/zWbOMhWf2G — @amuse (@amuse) December 20, 2024 The CBO estimates that a uniform increase in tariffs of 10% on all imports would decrease the federal deficit by …
Jim Cramer asked the SEC Chair Gensler if politicians could be investigated for insider trading. Here is his answer. Unusual Whales has worked tirelessly at highlighting unusual plays and trades by politicians. More incoming. pic.twitter.com/xqVtLnHikE — unusual_whales (@unusual_whales) December 15, 2024
TLDR: Bitcoin’s rise diverts investment from commodities. This suppresses commodity prices and inflation. Money goes into crypto instead of real economy goods. Without Bitcoin, investment would boost commodities and economic growth. Crypto mainly benefits the wealthy, not the real economy. Trump’s blessing on bitcoin could back-fire big time. Many are …
Plastic!! Snipped 1. Plastic Rice What It Is: Fake rice made from a combination of potato, sweet potato, and plastic resin. Why It’s Dangerous: Consuming plastic can lead to digestive issues and long-term health problems. 2. Pesticide-Laden Apples What It Is: Apples from China are often treated with excessive pesticides …
Minnesota Governor Tim Walz has expressed that he was “a little surprised” that he and Kamala Harris lost the presidential election. Walz discussed their stunning defeat in an interview with local Minnesota outlet KSTP on Thursday. “It felt like at the rallies, at the things I was going to, the …
Great strides have been made in technology and artificial intelligence, making humanoid robots seem like a not-so-distant reality. In a recent episode of Opening Bid, Citi Global Insights analysts Rob Garlick and Wenyan Fei discussed their research on the advancement of humanoid robots over the next 25 years. “Robots are …
WASHINGTON — As Congress returns this week for one last burst of activity before it wraps up the session, it faces a key deadline of Dec. 20 to avert a government shutdown. Democrats and Republicans appear resigned to passing a continuing resolution, or CR, that would temporarily fund the government …
BREAKING: Alexandria Ocasio-Cortez could make a run for president in 2028, per The Hill. pic.twitter.com/ymJjaEboNV — Leading Report (@LeadingReport) November 29, 2024 View post on imgur.com Ranking the Democrats: Here’s who the party could nominate next as president Alexandria Ocasio-Cortez When Democrats talk about the future of the party, the …
This market is close to breaking point. There is now so much leverage that futures-implied equity financing costs are at the same spread to SOFR as during the height of the GFC. And Japan is about to suck a couple hundred billion of levered balance sheet out of US money …
At the current pace, US debt could hit $40 trillion within the next 2 years. Calls for major spending cuts are growing, but not being acted on yet. We are on an unsustainable fiscal path. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) …
Data center campuses power artificial intelligence and cloud computing The campuses could grow so large that finding enough power and suitable land to accommodate them becomes increasingly difficult. Renewable energy alone won’t be sufficient anytime soon to meet their power needs. Natural gas will have to play a role, which …
Supreme Court Grants Certiorari in Nondelegation Case. “This case arises out of challenges to the constitutionality of the FCC’s Universal Service Fee, and may produce a major administrative law decision–but the Court also gave itself an out. . . . Note that this case both presents traditional nondelegation questions–whether there are …
by Mike Maharrey Could the Artificial Intelligence (AI) revolution boost gold demand? According to a report by the World Gold Council, the answer is yes. Gold’s excellent conductivity and its malleability make it an important component in the manufacture of electronic devices. Gold can be formed into extremely thin …
I am not an expert on the Federal Vacancies Reform Act of 1998, but based on my initial reading of various summaries of the act, Matt Gaetz would not currently be eligible to be named as AG under the act as he is: •Not the "first assistant" to the office.•Not …
Sen. Lisa Murkowski, R-Alaska, said that she is not certain former Rep. Matt Gaetz, R-Fla., Trump’s controversial attorney general nominee, will make it through the confirmation process. “I don’t think it’s a serious nomination for the attorney general,” the Alaska Republican said. “We need to have a serious attorney general. …
by Jesse Felder Almost any way you measure it, the stock market is as overvalued today as it has ever been. Clearly, investors are not worried about the potential for inflation to prove problematic for monetary policymakers once again. Nor are they bothered by the potential that fiscal policymakers could …
If you’re unsure Bitcoin’s a bubble, just read this tweet and its replies. – Deposit bitcoin, ~75-100% of the value of the house. – Bank buys the house, you live in it. – Loan is secured on bitcoin + house so double-collareralised (hence <100% bitcoin deposit). – Make small monthly …
Casey’s China’s bitch. He’s tits on a bull – useless. Cunt refuses to concede. He’s pulling every truck in the book to hold onto that seat. In Pennsylvania’s closely watched U.S. Senate contest, a mandatory statewide recount is set to commence, marking a high-stakes faceoff between Democratic incumbent Sen. Bob …
History may not repeat, but it certainly rhymes. Trump is being handed a ticking time bomb… pic.twitter.com/yeRbdseDTy — E.J. Antoni, Ph.D. (@RealEJAntoni) November 13, 2024 My best guess is Trump is going to be forced to slow things down by the bond market. See Bill Clinton in 1992 if you …
GUTFELD TROLLS BOOTLICKER DEMOCRAT MEDIA This could be a perfect four years.pic.twitter.com/ObY6Nak2VP — Citizen Free Press (@CitizenFreePres) November 13, 2024
I think everyone is in the POOL NOW! I think everyone is in the POOL NOW !!! https://t.co/9fw7M8Pa1y — BILL SIGNORILE THE WAVETIMER (@BILLSIGNORILE) November 12, 2024 🚨 U.S. High Yield Spreads have fallen to their lowest level since the Summer 2007 pic.twitter.com/UQr13GTXvr — Win Smart, CFA (@WinfieldSmart) November 13, …
Yes, as Mario says, the Supreme Court now has an opportunity to make the same decision, and we urge it to seize the day! https://t.co/TShSk01bDr pic.twitter.com/wLxI8mmD9o — James Coleman (@EnergyLawProf) November 12, 2024
Forming in the West Caribbean and traveling thru the Yucatan Channel into the Gulf of Mexico. Heading NE into South Florida. GFS has 957mb at landfall. https://www.tropicaltidbits.com/analysis/models/?model=gfs®ion=us&pkg=mslp_pcpn_frzn&runtime=2024111200&fh=6 Forecast track and intensity may change on future GFS runs, but stay vigilant. Stay tuned for updates. Tropical Weather Outlook NWS National Hurricane …
The endorsements were as fake as the candidate. But as a legal matter, how are secret bought-and-paid-for endorsements even legal? If you can’t run a paid ad without a clear disclosure, how on earth can you run a paid endorsement without disclosure? https://t.co/J92bjYUgrJ — Sean Davis (@seanmdav) November 11, 2024 …
🚨🇺🇸 Trump's VP begins blackmailing Europe over "Elon Musk's platforms". pic.twitter.com/8MRXxtX4po — Terror Alarm (@Terror_Alarm) November 9, 2024 And so it starts: JD Vance says US could drop support for NATO if Europe tries to regulate Elon Musk’s platforms https://t.co/LlkCthcOTv — Caroline de Gruyter (@CarolineGruyter) November 9, 2024 Vance: “It’s …
Brigham Buhler: “If Bobby Kennedy’s put in a position to make change, he will. The things that I’ve been told is there’d be a potentially an executive order to drive forth this sweeping change in healthcare and attempt to fix and challenge the broken status of our systems and the …
In this 1-hour, 20-minute conversation, Judy Shelton, who served as Donald Trump’s economic advisor, states, “I want the United States to lead if any currency adopts a gold backing.” Full conversation, here: GOLD TELEGRAPH CONVERSATIONS #1: JUDY SHELTON “I want the United States to be the leader if there's any …
TL;DR: Intel is facing financial difficulties and is under scrutiny from the US Commerce Department, which is considering a potential merger to stabilize the company. Intel lost a significant discount from TSMC due to controversial remarks. Intel has been in trouble for a while now but it is just continuing …
Imagine how much higher interest expense pushes debt if the Fed can't keep long term interest rates at current yields or lower. pic.twitter.com/sIT53e4n5e — David Sommers (@dgsommersmkts) November 5, 2024 I have seen more than my fair share of financial crises during my time in the U.S. government. I was …
🚨Apple Headed for a 30-50% 📉 A new report outlines a bear 🐻case scenario for Apple:1️⃣ Vision Pro Flop2️⃣ Weak iPhone Demand3️⃣ Lack of Innovation & No AI Is $AAPL dominance over? https://t.co/tLInryaOYM pic.twitter.com/6XzzBIloeC — The Coastal Journal (@1CoastalJournal) October 7, 2024 The $VIX term structure is completely flat, indicating …