Independent thinking for complex markets and current events
via gainspainscapital The U.S. is looking poorly on the global stage. For one thing, the debacle in Iran is dragging on far too long. Iran’s military capabilities are nowhere near the level of the U.S. And while the U.S. has crippled Iran’s navy, air force, and most of its missile defense systems, the latter nation …
Scott Pelley ousted from 60 Minutes after refusing to air content he labeled “demonstrably false,” per “The Bulwark” “Bari Weiss” reports staff conflict regarding executive-level editorial interference. “NY Post” documents Pelley’s direct accusation of bias against CBS leadership. “Variety” confirms tension between senior anchors and network executives. “The Wrap” cites internal memos detailing specific disputes …
64 F-35s ordered by Finland and still zero jets in Finland, and now you have claims about Switzerland getting stiffed on patriot missiles, that combo is exactly how trust starts breaking fast. Maybe the seizure story is not confirmed, fine, but delays stacking across countries is real and people are not stupid, they connect dots …
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 …
Trump vs. Elon Elon is visibly frustrated—used publicly as a symbol to promote DOGE, while behind the scenes, Trump pushes a $4 trillion deficit through a so-called tax bill that completely undermines DOGE’s mission. Trump’s inner circle has never been particularly fond of Elon. But Elon is one of the few people who can’t resist …
https://twitter.com/NickWoolos/status/1925341976938893319 Ray Dalio says we should be afraid of the bond market. — unusual_whales (@unusual_whales) May 22, 2025 The problem with the swelling US budget deficit is that there aren't a lot of paths towards shrinking it other than cutting spending. But we've seen practically no will to do that any appreciable scale across many …
TLDR: TIME claims Biden deserves credit, not Trump, for economic success. Article ignores inflation, rising consumer prices, and debt-driven GDP growth. Wage recovery offset by prior months of disproportionate inflation growth. Consumer confidence remains weaker compared to pre-Biden levels. Energy production thrives despite, not because of, Biden’s policies. SPITS OUT COFFEE: TIME Tells Readers ‘Don’t …
CNN senior data reporter Harry Enten noted on Friday that it would be unprecedented for Vice President Kamala Harris , representing the incumbent Democratic Party, to win the presidency considering so few Americans believe the country is on the “right track,” according to recent polling. Enten pointed to polling showing that only 28% of Americans …
And they say Trump voters are in a cult?https://t.co/AUO40jZhAc — Fantastic Mr. Fox (@FantasticMrFox) July 30, 2024
What happened to believe all Whistleblowers? h/t 2201992
“Yesterday Challenger reported 82.3K layoffs in Jan., the worst January since 2009, excluding 2023. Wed. ADP reported just 107K #jobs created in Jan. Today the Govt. reported 353K jobs created in Jan,. smashing expectations of 170K. Do you believe the Govt. or the private sector?” Challenger Job cuts in January were still slowing on a …
The concern about potential dilution of punishments for plagiarism is troubling. It underscores broader worries about ideological shifts impacting academic integrity. Striking a balance between fairness and maintaining the standards of meritocracy is crucial to preserve academia’s credibility. The use of strategic weapons to counteract such trends highlights the escalating ideological battles within educational institutions. …
Guardian: Israel has failed The British Guardian newspaper writes that Israel lost the war, but Netanyahu and his radical cabinet do not want to admit it. pic.twitter.com/G4F9WIwrZz — Sprinter Press (@SprinterPress) December 23, 2023 via theguardian: Until recently the war narrative on Gaza has been very largely controlled by the Israel Defense Forces (IDF) and …
Powell: dialling back policy restraint was a discussion topic for us at our meeting today FOMC: 3 cuts in 2024 Williams: We aren't really talking about rate cuts Bostic: 2 rate cuts Mester: Markets are a bit ahead on rate cuts Goolsbee: Fed is not precommiting to cutting… pic.twitter.com/R3qhuhkhDy — Simon Ree (@simon_ree) December 19, …
The skepticism towards government data, particularly from the Bureau of Labor Statistics, has reached a point where credibility is questioned. Does anyone seriously believe the government data from the Bureau of Labor Statistics anymore? Their credibility is worse than the CDC and the FDA. Soft landing … Cooling economy …. Meanwhile people are broke 🤡 …
by Chris Black Why did the Federal Reserve hike interest rates at the fastest, most aggressive pace it ever had in 2022? “The narrative goes like this: the epic COVID fiscal stimulus induced a corresponding spike in consumer prices. As inflation began to steadily creep higher, monetary officials dismissed it as ‘transitory supply effects’ and, …
This market melt-up is in the glue sniffing stages. It won't be pretty on the way down. Momentum in. Momentum out. pic.twitter.com/z3tlx4DAe8 — Mac10 (@SuburbanDrone) July 28, 2023 Today's pundits all make linear predictions. No one is willing to say this WILL all explode. Because they could lose credibility. So, they risk everything instead. The …
by Just†Me ALL claims of quran preservation is now officially DESTROYED: You might have seen from earlier that there currently are many different arabic qurans: AND the fact the saudis are going to fix many spelling errors in their quran, as you can see here: https://www.memri.org/reports/articles-saudi-press-call-amend-thousands-scribal-errors-quran-reexamine-islamic-texts-light THE QURAN IS TOAST! So what is your alternative …
by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230601a1.pdf Under the proposed rule, the agencies would require institutions that engage in covered transactions to adopt policies, practices, procedures, and control systems to ensure that AVMs adhere to quality control standards designed to ensure the credibility and integrity of valuations. The proposed standards are designed to ensure a high level of confidence …