Independent thinking for complex markets and current events
We have now entered the rampant buffoonery phase of this war. However, it appears that both sides are looking for an offramp without admitting as much. Trump has punted the Strait of Hormuz crisis to the rest of the world and Iran has said they will allow the rest of the world to pass through …
A perturbed Treasury Secretary Scott Bessent told President Trump late Sunday that the federal investigation into the Federal Reserve chair “made a mess” and could be bad for financial markets, two sources familiar with the call told Axios. Why it matters: Bessent’s worries about the financial fallout were somewhat realized Monday, when the dollar dropped …
The wildest EBT chaos caught on camera! In this video, we’re diving deep into Food Stamp Freakouts — from public meltdowns at the benefits office to checkout line drama, card denials, and confrontations over stolen EBT cards. You’ll see people losing it over their food stamp balances, arguing with cashiers, and blaming everyone but themselves. …
She is so funny. Try not to cringe. Kamala Harris spirals into a full cackle outburst while trying, and failing, to explain what her book is actually about: “There's a lot of personal stuff in the book. I mean, poor Dougie.” *cackle* x 10 “Dougie kind of dropped the ball at my big… pic.twitter.com/b6xMXKIdZK — …
USA blocks Taiwan President’s NY stopover President Lai planned a New York transit on the way to Paraguay and Belize. Both countries recognize Taiwan’s sovereignty. The White House canceled the stop. No statement. No media defense. Beijing objected and Washington folded. Lai’s office cited weather and tariff negotiations. Insiders say it was trade talks. Xi’s …
In a surprising turn of events, Amira Hunter, facing assault charges for attacking cellist Iain S. Forrest, accidentally pleaded “guilty” in court before quickly correcting herself, leading to a tense moment and a bail increase. NEW: Woman who is accused of bashing a cellist’s head with a bottle accidentally says she pleads “guilty” instead of …
So, there’s a buzz about New York’s immigrant debit card program, and let’s break it down in plain language. It turns out the person who got the contract has a connection to Barack Obama, and they didn’t even have to compete for it – no bidding, nothing. This company, Mobility Capital Finance (MoCaFi), is set …
Ah, the media dance with Trump continues – a tale of twists, turns, and perhaps a touch of drama. It’s no secret that the New York Times seems to have an obsession with the man, and the article count comparing Trump to Biden only fuels the fire. But hey, accusing the media of carrying water …
Hold onto your hats, Austin – the housing market saga just took another twist, and it’s not for the faint of heart. According to a tweet by @nickgerli1, despite a jaw-dropping 16% drop in home values from the mid-2022 peak, the reality check hits harder. Real estate in Austin is still playing in the expensive …
Any hope that the Hollywood writers strike might resolve itself in the near future appeared to fizzle late Tuesday in a volley of bitter recrimination, with the Writers Guild of America accusing the major studios of an underhanded effort “not to bargain, but to jam us.” The angry salvo came after Hollywood studios publicized their …