Independent thinking for complex markets and current events
Former President Barry Obama’s high opinion of himself extends to the $30 admission cost to visit his vast presidential library in the failed Democrat-run city of Chicago. Oh, but if you live in Illinois, you can visit for free on Tuesdays or enjoy a $4 discount the rest of the week. BUT, you must show …
China’s industrial system depends heavily on fuel it does not control. Its factories, ports, shipyards, and military production all rely on imported oil and LNG to keep operating. That dependence means any disruption in supply routes or supplier stability is felt quickly inside the system, often before there is time to adjust. A significant portion …
More data: The NASDAQ appears to correlate roughly 70–80% with changes in the Fed’s discount window usage—markets tend to rise when liquidity rises and fall when it’s pulled back. pic.twitter.com/rjmIWWKCuW — The Coastal Journal (@1CoastalJournal) May 22, 2025
HOUSTON – 23andMe, the popular at-home genetic testing company, has helped millions of people uncover their family roots and health risks through DNA analysis. However, recent financial troubles have raised concerns for its 15 million customers, especially about what could happen to their sensitive genetic data if the company goes under. Some fear that their …
TLDR: Intel CEO Pat Gelsinger’s comments have strained the company’s relationship with TSMC, resulting in the loss of a 40% discount on chip production. Gelsinger’s remarks about Taiwan’s instability and reliance on Taiwanese fabs offended TSMC, leading them to revoke the discount. * Based on the content by Anthony Garreffa below. Intel CEO Pat Gelsinger …
Discount home goods retailer Big Lots is reportedly on the brink of bankruptcy after years of falling sales. The beleaguered chain may seek Chapter 11 protection within weeks, according to Bloomberg, if it is not able to find investors. The Ohio-based company runs around 1,400 stores across the US, after closing hundreds of locations earlier …
BH Properties is set to purchase the office building at 989 Market St. in San Francisco for $13.5 million, which is a significant drop from its purchase price of $61.3 million a decade ago. This represents a 78% decrease in value. The commercial real estate market in San Francisco has been facing challenges, contributing to …
Unveiling a little-known intervention, the Federal Reserve injected $152 billion into big banks in March 2023, surpassing aid provided during both the 2008 and 2020 crises. As regional banks, grappling with precarious balance sheets, increasingly turn to the discount window for support, questions arise about the Fed’s strategy and the future of banking stability. I …
🚨BREAKING: FED DISCOUNT WINDOW 📈 FED DISCOUNT-WINDOW LOANS $7.02B IN THE WEEK *The latest data suggest that mostly regional banks are using the discount window as they are the ones with the worst balance sheets. pic.twitter.com/KbqGFjQ16J — The Coastal Journal (@1CoastalJournal) April 25, 2024
These numbers are so large & offices cost so much to maintain & lease up I have no idea if they will ever make $ no matter how much discount they get. It really is the worst asset class IMO, and I've held that opinion pre-pandemic. It's just a prestige thing cuz most are dtown …
JUST IN: Another Washington DC office building has just sold at a massive ~75% discount to what it last sold for The 175k sq ft tower at 1101 Vermont Ave sold for $16M The building last sold for $60M in 2006 The assessment value in 2018 was $72M in 2018 Washington DC has… pic.twitter.com/LXO2JN3XKF — …
(Zero Hedge)—Remember when, in the immediate aftermath of the Ukraine war, Russian oil immediately traded down to a discount of as much as 30% below spot Brent as the entire western world suddenly found itself locked out of access to the most valuable Russian export (which also meant that China and India were the only …
by Chris Black Apple is in dire straits. There are 1.5 billion people in China and many of them can afford to buy a new iPhone every year or two. WATCH: Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as $70 amid growing competitive pressure in the …
DC Commercial Real Estate in Crisis: Dupont Circle Office Building Sells at 77% Discount, Plunging $72M from 2016 Price. The $21M transaction is over $50M less than 2019, with the previous owner, a co-working company, defaulting on a $65M loan. Amidst reports of owners surrendering keys to lenders, the city is in the early stages …
Usage of Fed discount window and Bank Term Funding Program (BTFP) has continued to creep higher over past handful of weeks pic.twitter.com/PFUyEo7Lbp — Liz Ann Sonders (@LizAnnSonders) June 20, 2023 Wall Street Sours on America’s Downtowns