Independent thinking for complex markets and current events
Mac10 @SuburbanDrone This is the story of the stock market year to date as viewed by the equal weight NDX and the World ex-U.S.: Back in late January, U.S. stocks got hit by AI panic – The fear that AI was going to implode sector after sector including many Tech stocks. So Wall Street pundits …
by David Haggith Out with the old, in with the new. Trade in your old bucks right on cue. It takes a special kind of dump truck to haul away this much burning money quickly enough to get the degraded dollar out of the way of the president’s new money. Many more stories about the …
The faint reassurance that the dollar still dominates is fleeting because the trend is compounding. Every deal settled in yuan, every gold warrant moved into reserves, every transaction bypassing the dollar erodes the assumption of American financial supremacy, and no press release or pundit can rewrite that reality. The question is unavoidable: who suffers first …
JUST IN: Cracker Barrel stock nosedives over 14% after they unveiled their new bland logo. The company decided to ditch its iconic logo as part of its new rebrand, prompting harsh backlash, but CEO Julie Felss Masino is convinced people love the changes. The company is also remodeling its restaurants and ditching its iconic interior …
🇵🇪PERU WANTS TO BUILD A MEGA RAILWAY FROM BRAZIL TO… CHINA?! Peru has a big idea to build a railway that will run from Brazil all the way to its Pacific coast. The plan is to make trade with China faster and skip the long sea trip through the Panama Canal or around the bottom… …
The truth slips out! A key host on MSNBC just inadvertedly revealed the real reason why Comcast is spinnning off the cable giant. Plus, markets are rebounding after President Trump and Treasury Secretary say trade deals with China are coming sooner than you’d think… The WEF Founder Klaus Schwab is really up against a battle …
Barack Obama got candid on his daughter Malia dropping her last name in a professional setting. After the 26-year-old tried to distance herself from her famous moniker for her directorial debut, the former president, 63, said he warned her that doing so wouldn’t hide her connection to her parents. “Her first film went to Sundance …
JUST IN: 🇷🇺 Russia's President Putin holding a mock-up BRICS currency note as a symbol of "ditching the US dollar" pic.twitter.com/3fx0wOpjpc — Radar 𝘸 Archie🚨 (@RadarHits) October 24, 2024 BRICS officially adds 13 new countries to the alliance as partner countries (not full members): 🇩🇿 Algeria 🇧🇾 Belarus 🇧🇴 Bolivia 🇨🇺 Cuba 🇮🇩 Indonesia 🇰🇿 …
https://www.youtube.com/watch?v=yOT2ScMBS6I The concept of de-dollarization has gained traction in recent years. Let’s explore what it means and its potential implications: What is De-Dollarization? De-dollarization refers to the process by which countries seek alternatives to the U.S. dollar (USD) as the primary global reserve currency. It involves reducing reliance on the dollar for international trade, financial transactions, and …
Mutual transactions in national currencies have quadrupled in 2023, VTB bank executive says Trade settlements in national currencies between Russia and Vietnam have skyrocketed this year, Olga Basha, VTB’s head of international settlements, told RIA Novosti ahead of the investment forum Russia Calling 2023. Basha noted that settlements conducted in ruble and dong between the …
In almost every state, law students who pass their state bar examination, which allows them to practice law, take an oath to support the U.S. Constitution. But the country’s top law schools teach future lawyers and judges the opposite. Many now teach that the U.S. Constitution, the supreme law of the nation since its ratification in 1788, …
The California mass exodus is still alive and well. Not only are Americans still leaving California over its out-of-control policies and completely left-wing vision for 2035, but they are ditching the state for Texas. According to a survey from StorageCafe, the exodus is even beginning to speed up: Not only is California to Texas migration not slowing down …