Independent thinking for complex markets and current events
It’s now official. The euro has broken out above a key historical resistance level. FX trends often take time to develop, but once they do, they tend to persist for years. I expect this time to be no different, with the US dollar likely to weaken further against other… pic.twitter.com/KiCuLdQqcG — Otavio (Tavi) Costa (@TaviCosta) …
Disgraced former Rep. George Santos could face more than seven years in prison if New York prosecutors get their way. Santos, 36, who became just the sixth House member to be expelled from the chamber and the first Republican, pleaded guilty to federal fraud and identity theft charges in August as part of a plea …
In this trade war, both the U.S. and China have their advantages, but when it comes to holding out longer, the U.S. seems better equipped to endure. China does hold some significant cards. For one, Chinese households boast high savings, totaling 132 trillion RMB, and 92% homeownership, which could help buffer individual consumers in the …
🚨#BREAKING: 27-year-old David Nahsfun has been ARRESTED and charged with multiple felonies for allegedly shining a high-powered laser-pointer into the eyes of 2 Tesla employees during a Tesla Takedown protest in Portland. David faces up to 16 years in prison if convicted… pic.twitter.com/1CWtYZINAD — Matt Van Swol (@mattvanswol) April 2, 2025
Trump’s stimulus kept the economy afloat in 2020. Biden inherited the benefits, rode the bull market, and walked away before the cracks turned into craters. Now, Trump is back at the wheel, facing an economic mess that was years in the making. Biden’s presidency was defined by easy money. Checks were sent, loans were paused, …
LaTarsha Brown’s noose scandal mirrors Jussie Smollett’s false hate crime How it went……. How its going pic.twitter.com/K6o3PG6FdO — Spitfire (@RealSpitfire) March 24, 2025 FLASHBACK: When school board member of @AllentownSD and city employee LaTarsha Brown reported a noose on her desk, BLM activists including fellow board members and city leaders immediately mobilized to protest calling …
A projected $500 billion drop in tax revenue means the government will have to sell even more bonds, adding pressure to an already strained market. With the deficit already at $1.8 trillion, this increases bond issuance by roughly 27%, pushing supply up while demand remains uncertain. That could send long-term interest rates higher, especially if …
China’s tech sector is quietly building its own solutions to one of its biggest challenges, replacing the advanced chipmaking tools that it currently sources from U.S. and European companies. SiCarrier Technologies, a Chinese chip equipment firm closely linked to Huawei, is taking on the formidable task of developing alternatives to critical tools from ASML, Applied …
Tim Cook didn’t innovate—he just milked Steve Jobs’ legacy dry while manipulating Apple’s stock price through financial engineering. Investors cheered as their portfolios fattened, but the cracks are showing. No real revenue growth, no groundbreaking products, just short-term profit chasing. The reckoning is inevitable. Tim Cook literally added ZERO value to Apple, all he did …
by confoundedinterest17 Former Federal Reserve Chair and Biden’s Treasury Secretary Janet Yellen was so in on Biden’s failed economic spending spree that she caused a fiscal disaster by refinancing Federal debt at the short end of the Treasury curve. Leaving Trump’s Treasury Secretary Scott Bessent a real mess. As in $9.2 TRILLION. With interest rates …
The Federal Emergency Management Agency (FEMA) has recently faced significant staffing reductions. Over Presidents Day weekend, approximately 200 probationary employees were let go, and the agency is now working on further employee reductions. According to internal emails and interviews obtained by POLITICO’s E&E News, FEMA has been instructed to identify additional personnel cuts, particularly targeting …
via WSJ S&P Global Ratings jolted markets nearly 15 years ago when it stripped the U.S. of its triple-A credit rating, citing mounting debts and political discord. Moritz Kraemer was an executive in S&P’s sovereign-bond unit when it cut the U.S.’s rating, then others including France, Austria and eventually the U.K. Now an economist for …
The Producer Price Index (PPI) for January jumped by +.4%, exceeding the forecasted +.3%. This unexpected rise highlights ongoing inflation pressures, which could have significant effects on both consumers and businesses. The PPI gauges the average change over time in the selling prices received by domestic producers for their output. When the PPI is higher …
Senators ask, Homeland Security watchdog answers: Is it worth the money? The Department of Homeland Security’s Inspector General has launched an audit of the Transportation Security Administration’s use of facial recognition technology at US airports, following criticism from lawmakers and privacy advocates. The TSA has been utilizing facial recognition technology to screen passengers at US …
The downside of Trump backing away from tariffs is that there will not be an offset to the income tax cuts or net spending increases that are coming soon. That means larger budget deficits and higher inflation to finance the debt. One way or another, American consumers will pay. — Peter Schiff (@PeterSchiff) January 21, …
Canadian Prime Minister Justin Trudeau resigns this week. What’s next for Canada?
2/2 But the stock is being legally manipulated via weekly call option buying daily, so the “stock price bros” can ignore all that (for now). But that won’t last as the real biz crumbles. 2025E is the “year of the TSLA bear”. pic.twitter.com/emfKds5V9b — Gordon Johnson (@GordonJohnson19) January 4, 2025 You want to sell when …
One of the biggest threats to the United State Postal Service is not the ever-growing cost of stamps, long lines at the post office or even delayed mail. The biggest threats to USPS may be the mail handlers themselves. Auditors found that a tiny percentage of them steal. And they steal a lot, according to …
Elon Musk: A new election should be called in Britain A new election should be called in Britain https://t.co/qavxToRa7j — Elon Musk (@elonmusk) January 2, 2025 Check this out Elon… this will completely disgust you. Two 13 yr old girls were drunk and nude with 7 Pakistani immigrants and the police arrested the 13 yr …
1. The Energy Crisis Germany’s energy woes stem from a combination of geopolitical tensions, policy decisions, and its ambitious green energy transition. For decades, Germany relied heavily on Russian natural gas, a relationship disrupted by the Ukraine conflict and resulting… pic.twitter.com/313gHtP4D1 — Logan Weaver (@LogWeaver) December 31, 2024 The "Energiewende" (energy transition) aimed to make …
Released J6 Prisoner Jon Mellis Faces 10 More Years In Prison After Surviving 51 Months Of Torture, Allegedly Violated Virginia’s Outdated ‘Good Behavior For Life’ Clause Hundreds of men and women are staring down a gaping hole of uncertainty and danger, surviving in prison and serving extremely lengthy sentences for crimes they did not commit, …
China Has Limited Firepower to Counter U.S. Tariffs While Beijing has already brandished the ways it could hit back at Trump’s levies, such retaliation risks boomeranging SINGAPORE—In the weeks since the election, China has flaunted the ways in which it could hit back at the U.S. in the event of a new trade war with …
62 000 people are now involved in criminal gangs in Sweden. We have almost 60 no-go zones. There was 149 bombings last year. We have one of the highest rates of r*pes in the world. Socialist policies destroyed my Sweden 🇸🇪 — PeterSweden (@PeterSweden7) December 28, 2024
Get Ready for the Next Leg Down in Bitcoin. Tether Market Cap just dropped again. Maybe Mike Saylor should issue another $5 billion to buy more $BTC. pic.twitter.com/EqcEPYsrGF — SRSrocco Report (@SRSroccoReport) December 28, 2024 https://twitter.com/FinanceLancelot/status/1872873573351866513 So far I have not seen anyone talk about this, as it seems very few actually have spend time …
NVIDIA is on the brink of a major reversal. The bearish divergence on the RSI highlights a severe loss of momentum, signaling exhaustion in the current uptrend. The price is poised to break down from the ascending channel, setting the stage for an epic crash. pic.twitter.com/Te5cZYp31s — The Macro Pulse (@TheMacroPulse) December 26, 2024
1/ Look at this chart. 🇨🇦 job vacancies have plummeted to 572k in Q3 2024, a staggering 44.5% drop from the Q2 2022 peak. This is the lowest vacancy level since 2021. pic.twitter.com/9baBZ5yFht — Shazi (@ShaziGoalie) December 23, 2024 3/ Employers aren’t just hiring less; 🇨🇦 labor demand is shrinking outright. Total jobs (filled + …
Global yields to explode in 2025. pic.twitter.com/n1ycL1tXOD — The Great Martis (@great_martis) December 23, 2024 The U.S. federal debt is projected to reach over $50 trillion by the middle of the next decade. This includes the need to roll over existing debt, which means refinancing or issuing new debt to pay off maturing obligations. The …
I don't understand why people buy $MSTR instead of just buying $BTC. — HayderTrader (@HayderTrader) December 21, 2024 https://twitter.com/FinanceLancelot/status/1870370239164166605 Bitcoin $BTC ETFs saw an outflow of $680 million on Thursday, the largest outflow in history 🚨 pic.twitter.com/PvAVtTFogQ — Barchart (@Barchart) December 21, 2024
California’s job market worsens: employment drops, unemployment rises, labor force shrinks. https://t.co/ANUo7WJBMK — WarnTracker 2.0 (@j77324) December 20, 2024 Nevada’s labor market shows recession signs: employment declines monthly since June. It 100% is. The entire situation is just getting worse, and frankly, nothing is being done besides tax abatements that aren't doing much. They should …