Independent thinking for complex markets and current events
Paramount Skydance is about to put Bari Weiss in charge of CBS News. This is not a small shuffle. Weiss has built a career on provocation and taking sides. She will report directly to Paramount CEO David Ellison, bypassing CBS leadership. That means she will have almost total control over what millions of Americans see …
https://finance.yahoo.com/news/reddit-stock-falls-for-second-day-as-references-to-its-content-in-chatgpt-responses-plummet-135203534.html Reddit (RDDT) stock fell roughly 12% Wednesday, extending a decline from the previous trading session amid new data that showed the use of its content in leading AI chatbot ChatGPT had plummeted in mid-September. Reddit content was cited in just 2% of ChatGPT responses on Tuesday, much lower than the 9.7% of ChatGPT responses …
The federal government is no longer just enforcing the law. It is hunting people in their own neighborhoods. What started as a show of force in Washington has spread across the country. Even U.S. citizens are caught up. They say, “I’m from here,” and it doesn’t matter. Officials claim this is about crime, but the …
Michael Popok reports on the breathtaking new federal court filing in which Rupert Murdoch’s Wall Street Journal details dozens of instances of Trump’s own sexist and disgusting comments about women, including his own daughter, to argue that not only is the Epstein Trump birthday card true, but Trump’s self-professed womanizing reputation can’t be defamed as …
The global food system is fraying at every seam. August 2025 did not deliver a seasonal blip or a temporary disruption. It revealed a continental-scale unraveling of protein supply, visible to anyone paying attention. Meat prices have surged another 10 percent this year, sending the FAO’s meat price index to an all-time high https://guyanachronicle.com/2025/09/06/fao-food-price-index-virtually-unchanged-in-august. The …
by confoundedinterest17 US Q3 GDP fell slightly in Atlanta Fed’s GDPNow latest revision to 3.0% from 3.5% last week. The source of the decline in GDP? Equipment investment fell to 8.9. From 11.7. Hard to sustain high levels of equipment investment. On a related note, office CMBS just hit all-time high. Yes, higher than the …
via notayesmanseconomics As this week has progressed with the Western Capitalist Imperialists struggling with rising bond yields China can afford a wry smile. We noted the all-time lows being seen as its benchmark 10 year yield went below 2% as autumn turned to winter last year. Well now it is 1.75% as those invested in …
$46.7 billion in revenue. A 56% jump from last year. A figure no chipmaker has ever touched. And the stock still fell more than 5% after hours. That is not strength. That is fragility revealed. The illusion is scale. The reality is concentration. The world’s most valuable chipmaker is leaning on a single platform, a …
Gold needed a timeout and it’s still sulking. With gold at $3500, we warned that gold was stretched from its moving averages and needed to fall and correct. So far it fell $380 and 4 months have passed with no new highs for spot gold. Todays chart still shows weakness and potential to fall further, …
Trend jobs growth falls from over 100k to just 35k byu/Downtown_Yoghurt9527 inEconomyCharts Before July’s revision, labor markets looked goods – modest acceleration above 100k – but now we are running at the lowest pace outside of recessions since 2003.
Warning to young investors margin and leverage can turn market dips into financial disasters. The composite Nasdaq volume have been screwy lately due to some heavy share volume in penny stocks, so I am leery about trusting any insights from those data. Here is the traditional (not ratio-adjusted) Volume Summation Index for the stocks in …
by confoundedinterest17 The media and Democrat politicians love to fear monger about how Trump’s tariffs would cause inflation and unemployment. But June’s import prices showed no inflation at all. In fact, import prices FELL -0.2% YoY. The latest jobs report revealed that U-3 unemployment FELL to 4.10%. But don’t worry. Elizabeth Warren (D-MA) will get hysterial …
An investigation was underway after a worker died at a Vernon factory that makes a well-known brand of frozen burritos.
BREAKING: April PCE inflation, the Fed's preferred inflation measure, FALLS to 2.1%, below expectations of 2.2%. Core PCE inflation FALLS to 2.5%, in-line with expectations of 2.5%. PCE inflation is now at its lowest level since September 2024. All eyes are on the Fed. — The Kobeissi Letter (@KobeissiLetter) May 30, 2025 🇺🇸 Morning Economic …
It was bound to happen. You could feel it in the way people searched. The old habits weren’t working anymore. After nearly twenty years of digital supremacy, Google’s dominance in search is no longer unshakable. For the first time since 2015, its market share has dipped below 90 percent and stayed there. This isn’t a …
CNBC — UnitedHealth shares fell in premarket trading after a Guardian report that the company made secret payments to nursing homes to reduce hospital transfers added to the troubles of the healthcare conglomerate. The alleged action, part of a series of cost-cutting tactics, has saved the company millions, but at times risked residents’ health, the …
BREAKING 🚨: Corn Corn falls to lowest closing price this year 📉📉 pic.twitter.com/p56NqN2yml — Barchart (@Barchart) May 5, 2025
PALANTIR Q1 2025 EARNINGS: – $883M revenue, +39% YoY – $628M US revenues, +55% YoY – $373M US Gov revenues, +45% YoY – $2.32B RDV, +127% YoY – 769 customers, +39% YoY – $5.4B in cash, no debt – 139 deals closed of at least $1M Except nobody with a brain would buy right now …
It was raining money in Illinois after the back door of an armored truck accidentally opened and dropped almost $300,000 in cash. The security truck, operated by Brinks Home Security Company, was traveling southbound on Austin Boulevard in Oak Park, about 10 miles west of Chicago, around 5 p.m. on April 22 when its “back …
BNPL: do you love it or hate it? 41% of users missed payments in the past year (LendingTree 2025), and with credit cards at 11.35% delinquency (Fed), it’s a lifeline for some, a nightmare for others. Now BNPL is being reported to credit reports. YIKES! 200K+ of you felt very… — Amanda Goodall (@thejobchick) April …
😳 WATCH: An 80-year-old woman in Yekaterinburg, Russia survived & walked away after she fell from a sixth-floor balcony while reportedly cleaning her windows pic.twitter.com/m69WIs0SGu — Breaking911 (@Breaking911) April 17, 2025
Layoffs are expected to start within the next month. Also, massive loss of state and local tax revenues derived from tourist spending. Foreign tourism has fallen off a cliff. This is a $100B domestic industry largely concentrated in NYC, southern Florida, southern California, and Las Vegas. Hotels, airlines, restaurants, and tour guides are already feeling …
🚨The US labor market is not healthy: The average weekly hours came at 34.2 in March, the second-lowest in 5 years. Americans work the least hours in aggregate since the 2020 crisis and in line with the Financial Crisis. This means employers reduced hours to avoid layoffs. pic.twitter.com/JaoH5rrna3 — Global Markets Investor (@GlobalMktObserv) April 11, …
WHY IS EVERYTHING CRASHING??!! 😭 pic.twitter.com/rdwWx8r4e0 — SlumDOGE Millionaire (@ProTheDoge) April 6, 2025 Good god NQ opening down 5.4% and ES down 4.7% The black Monday boys might get their wish pic.twitter.com/7ADZH8tK5A — Robert (infra 🏛️⌛️) (@infraa_) April 6, 2025 TECH STOCKS IN OVERNIGHT TRADING: 1. Robinhood, $HOOD: -17%2. AppLovin, $APP: -17%3. Palantir, $PLTR: -10%4. …
Gold now getting murdered along with everything else as the world faces a global margin call. Futures worsening. It’s going to be a long day. Chaos 💀 pic.twitter.com/l6x2vnDAYD — QE Infinity (@StealthQE4) April 3, 2025 The market's drop in response to tariffs is massive, and it will take time to emerge from this chaos. A …
Argentina’s poverty rate dropped from 52.9 percent to 38.1 percent during the second half of 2024, according to new data by the National Institute of Statistics and Census of Argentina (INDEC). Local outlets reported that INDEC, a decentralized entity within the Argentine Economic Ministry, observed a nationwide decrease in poverty and indigence (extreme poverty) rates …
Inflation is now just 1.35% according to real-time index Truflation. Eggs are down 30%. Oil is down 14%. Commodities are falling a percent per week. Expected housing inflation went from 12% to just 1.1%. The left is scrambling for new talking points. https://t.co/FGAZ7vfh0G — Wall Street Mav (@WallStreetMav) March 20, 2025 Inflation in the United …
The economic slowdown isn’t coming—it’s already here. Job market confidence is collapsing, growth expectations are slipping, and the data rolling in is far weaker than predicted. Yet, markets are still pricing in euphoria. That’s a recipe for disaster. Economic data is coming in weaker than expected even before the growth negative fiscal policies from the …
PALM COAST, Fla. — A Palm Coast family received a shocking surprise Monday afternoon when a large chunk of ice fell from the sky and crashed through the roof of their home. Palm Coast firefighters said the ice pierced the roof, leaving a gaping hole in the residence. The incident occurred around 3:36 p.m., with …