Independent thinking for complex markets and current events
Goldman: Trump promised oil executives that if they gave him $1 billion for his campaign, that he would do right by them. And they gave about 500 million. And this is a massive gift that is in violation of international law and is essentially just co-opting an entire country's… pic.twitter.com/mY3CROvsyX — Acyn (@Acyn) January 4, …
The Wall Street Journal just reported that U.S. Landlords are becoming concerned over a slowdown in the rental market. Rental inventory is rising, and rent growth is now slowing, falling to its lowest level in 13 years, and the 6th lowest in the last 40 years according to John Burns Real Estate Consulting.
The Shanghai Cooperation Organization summit did not signal unity. It revealed fracture wrapped in ceremonial silk. Xi Jinping’s unveiling of the Global Governance Initiative was not a blueprint. It was a warning. “Global governance has come to a new crossroads,” he said. source The crossroads is a mirage. The road behind is scorched. The road …
TLDR: Trump considers a two-step tariff plan: immediate duties with ongoing trade investigations. Tariffs could fund tax cuts and reinforce “reciprocal” tariffs with legal support. Announcing tariffs on April 2 as “liberation day,” with some exemptions possible. Tariffs could reach 50%, using emergency powers or national security grounds. Administration divided: Lutnick pushes aggressive tariffs, while …
While appearing on Fox Business, the Shark Tank star spoke about the state of the Canadian economy and recent remarks by President-elect Donald Trump, who said that some Canadians want their country to become the 51st U.S. state. “What this could be is the beginning of an economic union,” O’Leary said. “Think about the power …
🚨 JUST IN: The early voting data in Nevada is so bad for Democrats that Trump has SURGED to a 65% chance of winning there. Kamala has plummeted to only 35%. pic.twitter.com/nbszpw3FQv — Eric Daugherty (@EricLDaugh) October 23, 2024 It must reach 69%, as foretold in the prophecy https://t.co/oR8p1ZiRha — Elon Musk (@elonmusk) October 22, …
The U.S. Supreme Court recently ruled that state and local officials may accept gifts and payments for past favors without violating federal anti-corruption laws. In a 6-3 decision, the justices overturned the conviction of a former Indiana mayor who received a $13,000 payment from a local truck dealership after helping them secure city contracts. The …
An important reminder that everyone and their mother is currently long the US dollar. Crowded positions are often mistaken, making a squeeze in the opposite direction highly likely. While gold and commodities can indeed rise alongside a strengthening US dollar, this is an… pic.twitter.com/i5jGeeXDVU — Otavio (Tavi) Costa (@TaviCosta) June 12, 2024 Deficit spending as …
After over three hours of deliberations on Sunday afternoon, Israel’s five-person war cabinet did not reach a decision as to how the country would respond to Iran’s massive missile and drone barrage on Saturday night. Given several reports that the US is urging caution and that US President Joe Biden himself urged Prime Minister Benjamin …
via Mike Shedlock: Cheers to France if pending legislation passes as currently written. It effectively scraps most hard commitments and turns more towards nuclear power. Preliminary Bill relating to Energy Sovereignty Please consider a Google translation of a Preliminary Bill relating to Energy Sovereignty Four Key Things The wording of this preliminary bill relating to energy …
H/T: @TaviCosta — Barchart (@Barchart) October 10, 2023 Paul Tudor Jones: The U.S. Is Moving Towards an “Untenable Fiscal Position.” Favors Gold & Bitcoin Hedge fund magnate Paul Tudor Jones expressed concerns over increasing geopolitical risks and the U.S.’s rising debt, making stocks less appealing. Speaking on CNBC’s Squawk Box, he highlighted the precarious U.S. …
Nearly one-third of Generation Z says they’d be just fine with government-installed surveillance cameras in every household under the guise of reducing domestic violence and other illegal activity. “Would you favor or oppose the government installing surveillance cameras in every household to reduce domestic violence, abuse, and other illegal activity?” asks a new survey from …