Independent thinking for complex markets and current events
Republicans are feeling spooked by recent special elections losses and underperformances in party strongholds, as the White House ramps up President Trump’s presence on the campaign trail ahead of next year’s midterm elections. On Tuesday, Democrats flipped Miami’s mayoral office for the first time in nearly 30 years and won a conservative-leaning state House district …
Steve Bannon speaks with Chris Cuomo about what he sees as a growing thirst for populism in the Democratic Party.
Insider selling is highly correlated w/ disappointing corp earnings over the following 12 months Makes sense: insiders understand their companies' future prospects better than anyone Insider selling is at an extreme high now, so…..? (h/t @jessefelder) pic.twitter.com/vD72DH7ffL — Adam Taggart (@adamtaggart) December 17, 2024 Guess who's next? Pay attention. pic.twitter.com/4EU5zf71AT — The Great Martis (@great_martis) …
Adobe shares fell 14% on Thursday, their steepest drop since September 2022, after the software vendor issued disappointing revenue guidance. Sales in the fiscal first quarter will be between $5.63 billion and $5.68 billion, Adobe said in its fourth-quarter earnings report late Wednesday. Analysts on average were expecting revenue of $5.73 billion, according to LSEG. Analysts at TD …
“”Germany’s Industrial Superpower Days Are Over” as industrial production retreats to 2006 levels. Another couple years like this and they’ll be back to 1990’s level — when the Berlin Wall fell 🤯 Of course, the problem is Europe-wide given the influence environmental activists have in Brussels. Extending way beyond throwing soup at Picassos, all the …
Roland Fryer was a tenured Harvard professor at 30 – was told NOT to publish a research paper that found no racial bias in police shootings. These Marxists do not care about the truth. The care about the narrative because the narrative is what gives them power, which is what they really care about. This …
Fast food giants like McDonald’s, KFC, Pizza Hut, and Taco Bell are experiencing a significant downturn in sales as Americans grapple with escalating prices on their once-affordable menu items. The frustration of consumers is palpable, manifesting in dwindling sales figures for these iconic fast-food chains. In a rare admission of the challenges faced by McDonald’s, …
PM Maloni is a total comedian at this point.How could she yell at the people, when she said one thing and did the other on mass illegal migration?Does she think they can't remember last summer? — floridanow1 (@floridanow1) January 3, 2024
Jobs report is out: October is lower than expected, plus more downward revisions from initial reported numbers. Unemployment is also up. 34% of reported jobs gained were in government, while manufacturing lost 35,000 jobs. View post on imgur.com Unemployment among Hispanic workers rises at faster pace in October than overall rate Among Hispanic Americans, the …
NEW — Target Posts First Quarterly Revenue Miss In Six Years, Citing Inflation and Consumer Boycotts “Target CEO Brian Cornell pointed to macro pressures including inflation for tempering sales but also ‘negative guest reaction to our pride collection’…The last time Target’s… pic.twitter.com/j7beojNROF — Chief Nerd (@TheChiefNerd) August 16, 2023 Target Sales Dipped in Last Quarter …
“No Silver Lining in Slavery:” Tim Scott Blasts Ron DeSantis on Florida’s New Black History Standards. Sen. Tim Scott, a 2024 candidate and the only Black Republican in the Senate, has long accused Democrats of weaponizing race for power. But on Thursday he took aim at a leader in his own party. “There is no …
by scott_jr Citigroup CEO Jane Fraser: “The long-awaited rebound in investment banking has yet to materialize, making for a disappointing quarter.” Trading, which was stronger earlier in the year, also turned weaker. Citigroup’s revenue from that business fell 13%. JPMorgan’s revenue associated with trading equities and fixed income also dropped. “Most of the investors …