Independent thinking for complex markets and current events
MSTR is currently sitting on a $12.5B unrealized loss, exceeding the largest trading loss in history (Bill Hwang/Archegos) by $2.5B byu/Independent-Cress382 inwallstreetbets
The viral panic claiming a new $3,000 reporting threshold for precious metals takes effect on February 15 is a complete fabrication with zero basis in 31 CFR 1010.330 or any recent IRS guidance. In reality, the “Streamline Act” introduced in late 2025 actually proposes tripling the current limit from $10,000 to $30,000 to account for …
🚨 WATCH: Sen. Cynthia Creem says EVs aren’t enough—Massachusetts must limit how far you can drive, too. Her bill creates a panel to track your mileage and fine you if you go too far. She says just walk or bike instead. Textbook extreme, out-of-touch policymaking. 👇#mapoli pic.twitter.com/RgI3OqMTL0 — Massachusetts Fiscal Alliance (@MassFiscal) May 23, 2025 …
As of the first quarter of this year, several banks have faced significant unrealized losses that exceed their equity capital. Here are some notable examples: Union City SVGS Bank: Their unbooked losses equaled a staggering 172.7% of their equity capital. Citizens ST Bank: Unbooked losses at this bank reached 121.4% of their equity capital. Green …
A California State Legislature committee has approved a bill that could allocate a staggering $800 billion for slavery reparations. This sum is more than 2.5 times the state’s annual budget. Notably, California was never a slave state historically, yet it will be paying individuals who themselves were never enslaved. The decision reflects an acknowledgment of the long-lasting harm endured …
Amazon, Apple, Google, Microsoft and Nvidia (5 largest stocks) COMBINED now account for a record 27% share of the S&P 500. This is up from ~19% in just 2 years. In 2015, the percentage of 5 largest stocks was just 11%. It is 9 percentage points higher than in Dot-com bubble. pic.twitter.com/ywNf927cWE — Global Markets …
The crucial choice lies in deciding whether it occurs in the economy or manifests as inflation in the currency. For those with knowledge of market history, these headlines are a strong indicator.. pic.twitter.com/m2ZuHoptah — The Trout Lord (@thekitchentwit) November 15, 2023
The car market is facing an urgent crisis due to record-high auto insurance rates, with reports of potential buyers being quoted over $1,000 per month in certain markets, severely impacting volume and profitability. Brewing issue in the car market: Record-high auto insurance rates. It’s hurting volume and profitability in a big way, even more so …
“JUST IN: Nearly 700 US banks now exceed the 2006 Commercial Real Estate (CRE) loan concentration guidance. What is the CRE loan concentration guidance? It’s guidance by the FDIC for the amount of exposure that small banks should have to CRE loans. Currently, small banks hold over 70% of CRE loans which is $2 trillion …
This week, the Fed made it clear that they want core inflation down to 2% and that is not changing. Meanwhile, supply-side inflation remains a major issue for the Fed. Higher rates have become the new normal. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 22, 2023
The CEO of Chevron predicts that oil will soon surpass $100 per barrel. This is one of the largest companies in the world. SPR is drained. China is loading up on oil. It's not the smartest look. — Gold Telegraph ⚡ (@GoldTelegraph_) September 21, 2023 $150 Oil 🛢 is SO post election pic.twitter.com/04EnN3TZJf — Win …
With the new debt ceiling bill, the limit is UNCAPPED until 2025. Estimates show $4 trillion in debt will be added by 2025 at this rate. Meanwhile, interest expense is rising with rates. This is unsustainable. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 7, 2023 Pretty …