Convertible notes protect noteholders if stock falls below conversion price: Cash, not stock, repays below the conversion price. $MSTR’s leverage risk could destabilize $BTC; parallels drawn with $NVDA’s market impact.

Late to this party but this is wrong under any reading of the convertible notes prospectus. If the stock is below the conversion price, noteholders get their principal and accrued interest paid back in cash, not stock The fact he …

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BREAKING: Mitch McConnell falls during Senate lunch

New: @LeaderMcConnell fell following Senate GOP lunch. Getting medical treatment — John Bresnahan (@bresreports) December 10, 2024 Concerns for outgoing Republican leader Mitch McConnell’s health are bubbling up again. Punchbowl News’s John Bresnahan just reported that McConnell fell after GOP …

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China’s yuan falls sharply as Donald Trump declares US election win

“Alongside geopolitical risks, not least the spectre of an escalation in US-China trade tensions, these factors will preserve depreciatory pressure on the yuan.” https://www.scmp.com/economy/global-economy/article/3285423/chinas-yuan-falls-sharply-donald-trump-declares-us-election-win As we found in our October trip to Shanghai and Beijing, the overwhelming majority of Chinese …

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Illegal Migration to Italy Falls 64%

By Martin Armstrong The globalists condemned Italy’s Giorgia Meloni for promising to curb immigration if elected. As with Donald Trump, she was called a racist for wanting to secure her nation’s borders. Italy was facing an all-out invasion by land …

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Inflation falls to 2.9%, lower than expectations.‬ Consumer price growth has slowed to its lowest levels in the post-pandemic period.‬ ‪The first interest rate cuts since 2020 should come in September.‬

by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year …

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