Independent thinking for complex markets and current events
MACRO DATA JUST DROPPED • Manufacturing PMI 52.4 vs. Est. 51.3 • Services PMI 51.1 vs. Est. 51.5 • Composite PMI: 51.4 This should ease the recession fears that started creeping into the market last week and suggests the bear case may have gotten ahead of itself. S&P PMI: "The PMI data are indicative of …
THEY DIDN’T JUST KILL A DRUG LORD. THEY KILLED A DEEP STATE GENERAL. “El Mencho” was untouchable for 30 years. He had drones. Armored vehicles. Land mines. He shot down a military helicopter. The CIA looked the other way. Why? Because he wasn’t just moving drugs. He was… — Mr. Pool (@MrPool_QQ) February 23, 2026 …
via Nick Giambruno Warren Buffett once referred to derivatives as “financial weapons of mass destruction.” He wasn’t being dramatic—he was warning that if things went wrong, these complex financial instruments could cause massive, far-reaching damage to the global economy. What Buffett feared most was how a sudden, unexpected market shock could set off a dangerous …
THE RECKONING Wall Street’s oldest warning system just triggered. The Shiller PE ratio crossed 40.16 this week. In 154 years of recorded market history, this threshold has been breached only three times. The first was December 1999. The second was November 2021. The third is now. What followed the first: a 49% collapse. What followed …
What just happened to millions of Americans is going to impact the economy far worse than the tariffs.
At least six people are feared dead and nine others injured after a tourist submarine sank off the coast of Hurghada in Egypt’s Red Sea on Thursday morning, as reported by the BBC. Around 29 people were rescued, while the injured, including four in critical condition, were taken to hospitals. The submarine, named Sindbad, went …
Media is panicking that Trump is going to win. Rolling Stone put out a list of “terrifying” things Trump might do. Including cheap oil, defining gender, deporting illegals “by the millions,” and prosecuting thousands of Deep State criminals. Media thinks all this is because… https://t.co/8260yikuhm — Wall Street Mav (@WallStreetMav) June 4, 2024
I’m quite surprised that such “free” and “democratic” country as USA are legislating the same undemocratic practices as was introduced in “totalitarian” Russia years ago. Think for yourself what does it mean. h/t 2201992
EXCLUSIVE: 55 Chinese sailors are feared dead after nuclear submarine ‘gets caught in a trap intended to snare British and US vessels in the Yellow Sea’ Twenty-two officers were among the 55 reported to have died in the Yellow Sea China denies it happened – and apparently refused international assistance Fifty-five Chinese sailors are feared …
The Red Cross estimates that around 10,000 people are missing after the severe storm and devastating floods in civil war-torn Libya. The number of deaths is also high: According to authorities, more than 1,000 victims have been rescued in the massively affected city of Derna alone. “The situation is very catastrophic. There are bodies everywhere – in …
More than 2,000 people in Libya are feared dead in severe flooding, according to a Libyan leader, as Storm Daniel swept through the eastern part of the country. The head of Libya’s eastern parliament-backed government, Osama Hamad, announced the death toll on Monday, according to a report from state news organization Libyan News Agency. “Osama …
🚨#BREAKING: Train derails into Yellowstone River after bridge collapsed sparking fears of hazardous spills 📌#Laurel | #Montana Currently A large emergency response is underway after a freight train fell into the Yellowstone River near Laurel, Montana. The train was crossing… pic.twitter.com/4VWyC2lLOY — R A W S A L E R T S (@rawsalerts) June 24, …
Pakistan’s wealthiest men, who has ties to King Charles, is confirmed to be among the five aboard the Titanic-bound submersible that vanished Sunday. Shahzada Dawood, 48, and his son Sulaiman Dawood, 19, are two of the paying tourists who embarked on the 12,500-foot dive to view the famous shipwreck on OceanGate Expeditions sub, the Titan …
