Independent thinking for complex markets and current events
What the fvck, @MSNBC. You deserve to be canceled to the core. pic.twitter.com/HwVDYhMoF6 — Dr. Simon Goddek (@goddek) October 28, 2024 ABC and MSNBC are really doing the bidding of their DNC leaders. When does the Trump dressed up as Hitler piece come out from CBS? I didn’t see one Nazi. So disappointed. https://t.co/IAUVJbkqrX — …
Posts from the economiccollapse community on Reddit The Buffett indicator doesn’t look so great, either. AI has pushed everything much higher. No one knows what effect it should really have on valuations and at some point a bubble does form. Not predicting it because no one really knows but there are warning signs. https://finance.yahoo.com/news/warren-buffett-indicator-sounds-alarm-220009350.html Americans …
China’s overreliance on real estate has sent its economy tumbling toward 2008-era financial conditions, Kyle Bass told CNBC on Tuesday. “This is just like the US financial crisis on steroids,” the Hayman Capital founder said. “They have three and a half times more banking leverage than we did going into the crisis. And they’ve only …
Richard X. Bove, the outspoken financial analyst, retired last week but quickly returned, sharing a grim outlook on the U.S. economy. Bove predicts the end of the dollar as the world’s reserve currency, foreseeing China’s economic dominance. He criticizes fellow analysts as “monks praying to money” for avoiding mainstream financial system critique. https://archive.is/txNeV#selection-449.0-479.162
by Dismal-Jellyfish Source: https://twitter.com/CNBCFastMoney/status/1681423000405692416 https://www.thestreet.com/memestocks/gme/big-short-trader-danny-moses-reveals-short-position-on-gamestop-stock TLDRS: Danny Moses, recognized for his part in “The Big Short,” disclosed that he holds put options on GameStop. He expressed concerns about GameStop’s financial health, emphasizing its declining cash reserves and anticipated annual losses, while also challenging its $7 billion market valuation. Hints RC is a ‘bad trader’ for …
