Independent thinking for complex markets and current events
Wholesale inflation jumps 6% in April, biggest since 2022, PPI rises 1.4% vs 0.5% estimate as energy drives surge The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised 0.7% March increase. Energy was at the root of the unexpectedly …
Fun fact. In order to revive the stalling real estate market, Chinese government halted projects under construction and demolished buildings which could accommodate over 75 million people (more than the entire population of the United Kingdom).pic.twitter.com/YbnCScKi1V — Massimo (@Rainmaker1973) September 16, 2025 Japan’s Kajima Cut and Take Down method demolishes buildings from the bottom up …
Semiconductors getting demolished. Banks will lead now. That's the new bet. pic.twitter.com/QUxFt2lQ78 — Mac10 (@SuburbanDrone) June 24, 2024 We're going to need more bagholders. pic.twitter.com/V1KHIXHGTX — Mac10 (@SuburbanDrone) June 24, 2024 While everyone was focused on Nvidia, another well known $3 trillion stock just got downsized to 5% of XLK. pic.twitter.com/Hw3Z02FjV1 — Mac10 (@SuburbanDrone) June …
California, which is in a state of perpetually self-inflicted drought, restricts all sorts of practical water solutions based they would hurt some living creature somewhere. (People, especially farmers, don’t count.) And along the way the state decided to demolish a dam to help some salmon. The destruction was celebrated by environmentalists and rubber-stamped by the media. Native …