Independent thinking for complex markets and current events
For decades, backing Israel was one of the few issues both parties mostly agreed on. That agreement suddenly looks a lot weaker. A new AP-NORC poll found 58% of Democrats now think the U.S. is too supportive of Israel. That is up from 45% in early 2024. Even 51% of Jewish Democrats now say the …
THE THERMODYNAMIC RECKONING Oracle just lost $35 billion in market cap. In 48 hours. Wall Street thinks this is an earnings miss. It is not. This is the first domino. What happened on December 11 was not a revenue shortfall. It was a confession. Oracle revealed 57 percent of its $523 billion backlog depends on …
What is a Hindenburg Omen? Why does Ed Dowd think that a deflationary event has already begun? One which will shake the world?
by David Haggith “What was delivered was as haphazard as anything this administration has done to date, and the level of complication on top of … new tariffs is worse than had been feared.” —Chief Market Strategist Let’s send this thing up in smoke. U.S. stocks fell in after hours trading as President Donald Trump …
The Bangkok Governor updates on earthquake impact: Only the SAO building collapsed. Damage is limited to buildings under construction, with 169 reports of cracked buildings, but no structural damage. Chadchart Sittipunt, the Governor of Bangkok, held a press conference regarding the earthquake situation in the Bangkok area. He stated that the damage caused by the …
Authored by Charles Hugh-Smith via oftwominds, All three pillars propping up workforce spending are cracking. Plan accordingly. Karl Marx and Henry Ford both understood the key pillar of an industrial economy: the workforce has to earn enough to buy the output of the economy. If the workforce doesn’t earn enough to have surplus earnings to spend …
“City of Dreams” profits are going to A21 & other organizations that fight human trafficking. Now we understand why the movie theaters cracked down SO hard on this film. They weren’t just raising awareness. They were literally raising money to stop Hollywood’s favorite… https://t.co/zP3GX6ZNha — Wall Street Mav (@WallStreetMav) September 29, 2024
Less than 300 people are in attendance to see Kamala and Gov. Shapiro. The capacity of the Wissahickon H.S. auditorium is 3,500 people. Kamala's popularity is fake pic.twitter.com/rvHxeWTkZ7 — JOSH DUNLAP (@JDunlap1974) July 31, 2024
Stefan Thomas lost the password to an encrypted USB drive holding 7,002 bitcoins. One team of hackers believes they can unlock it—if they can get Thomas to let them. At 9:30 am on a Wednesday in late September, a hacker who asked to be called Tom Smith sent me a nonsensical text message: “query voltage …
View post on imgur.com JENKINSVILLE, S.C. — Federal officials have issued a warning about a substantial safety violation at a South Carolina nuclear plant after cracks were discovered again in a backup emergency fuel line. Small cracks have been found a half-dozen times in the past 20 years in pipes that carry fuel to emergency generators …
