Independent thinking for complex markets and current events
This is the real story nobody on Wall Street wants to admit: the financial world is booming, but the real economy is bleeding. People are skipping meals, drowning in debt, and struggling to pay rent while markets hit record highs. Money printing didn’t just inflate assets, it shredded everyday life for millions. You can’t celebrate …
Typical $60K household left with just $500 a month after bills. This time, there’s no big event — no crash, no panic. Just a grind: Rents up 30% Groceries + utilities up 20–25% Insurance +40–60% Credit card APRs above 22% Costs are up — and nothing’s coming down. — Craig Shapiro (@ces921) August 5, 2025 …
US Health Insurance companies keep raising their deductibles “I’m paying every single month for my health insurance, but I have to pay $9,000 before I can actually use my health insurance? What do you mean — So why do I have health insurance?” And once you pay the $9,000 the insurance company is still going …
0:00 Gen Z and Millenials Going Back to Renting 9:08 Shocking new Redfin Data 16:19 First time homebuyers feeling more optimistic 19:50 People are borrowing more than ever against their homes Sometimes the only way people learn things is the hard way. In this case when it comes to homeownership, many new buyers who purchased …
RUSS VOUGHT: We are going to send up rescissions bills. We have a $9 billion package of DOGE cuts almost ready to go up. Why the delay? Because the House actually wants to pass it and we have been working with House appropriators to get it done.@russvought @RussVought47 pic.twitter.com/euEQmwXwon — Bannon’s WarRoom (@Bannons_WarRoom) May 22, …
https://twitter.com/StealthQE4/status/1915538856834715854 The housing market had its worst March since the global financial crisis, weighed down by high borrowing costs and falling consumer confidence in the economy. Home sales fell to their lowest annual level for March since 2009, dashing hopes for a rebound this year. Sales of previously owned homes plunged 5.9 percent from February …
Source: https://t.co/BsU7E8elGA Of course, some people will say it's fake but if you read the OP's comments it feels real. Son is 1/4th Korean 3/4th white, according to his comments. — Deedy (@deedydas) April 1, 2025
BREAKING: THE 40X BITCOIN SHORT WHALE JUST OPENED A 25X $ETH SHORTPOSITION OF $40 MILLION WITHENTRY $1900, LIQUIDATION $2400 HE 100% KNOWS SOMETHING pic.twitter.com/yNU587i3gn — Ash Crypto (@AshCrypto) March 16, 2025 Bitcoin Update: Cattle being groomed. pic.twitter.com/UDIBtBk8CW — The Great Martis (@great_martis) March 16, 2025 Archives revisited. Cattle: "Martis you wanker, have fun staying poor" …
No one is hiring yet no one is firing. The latter doesn’t mean employers aren’t getting rid of workers, because they are. Lots of them. A hiring freeze is only the first part of cost-cutting in a weak economy. From consumer surveys to govt jobs estimates, the labor market is on everyone’s mind right now, …
We’ve seen this before—hype cycles come fast, but reality always catches up. AI tools like ChatGPT and DeepSeek feel groundbreaking at first, but then what? They become novelties. Like Siri and Alexa, they’re fun to mess around with, but they don’t change much. Companies keep throwing money at AI like it’s the future, but when …
by adhesivepants I don’t dislike social security. It’s an important structure to support people and as I say further below some people will absolutely need it. I just have zero faith in our current government to maintain it and fully anticipate millenials and Gen Z are paying in money they will never see because of …
Former asset manager @DowdEdward drives this point home, highlighting that real wage growth is at negative 2%. What this means in simple terms is that people have 2% LESS buying power through their wages than they did just a year ago. This economic reality paved the way for Trump’s victory because no matter how much …
Americans overwhelmingly desire all the traditional trappings of the American dream—owning a home, having a family, and looking forward to a comfortable retirement. But very few believe they can easily achieve it. A July Wall Street Journal/NORC poll of 1,502 U.S. adults shows a stark gap between people’s wishes and their expectations. The trend was …
More and more Americans are saying they feel financially unstable, with diminishing hopes of saving money for retirement, their children’s education or for a rainy day fund. A recent Bankrate survey found that three in four Americans say they are not completely financially secure. The average American requires a much larger income to live comfortably, …
The Irish writer C.S. Lewis had it right more than 50 years ago: “Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive.” The line first appeared in a volume of essays called, God in the Dock. If you are familiar with Germany, as I am, go …
The Biden White House and campaign is still in disarray a week after Joe Biden’s debate debacle with President Trump. Axios reporter Alex Thompson is wired in to the doom and gloom of Biden world and has been filing reports that paint a stark picture of a candidacy and presidency in serious trouble with crushingly …
https://twitter.com/Carnage4Life/status/1808686814741606665
A California-based millennial earning six figures says he’d need to triple his income to feel “rich.” High home prices, the costs of surrogacy, and student debt have made his income feel insufficient. He shared why he’s hesitant to leave Santa Monica despite its expensive housing market. If Christopher Stroup’s only priority was maximizing his savings, he might not …
HOW old do you feel? A new study has found Americans over 45 feel 12 years older than their actual age, on average. The poll of 2,000 Americans ages 28 and older, split evenly by generation, found 55% of people who feel older than their actual age blame joint pain, and 45% have held back …
It 100% feels like the stock is just being perpetually pumped to keep the markets from looking like a giant dumpster fire. But what goes up must eventually come down. — Generic Working Class Citizen (@GenericPlebeian) May 24, 2024 So what are we blaming for the -2% Dow Jones fall? pic.twitter.com/zWdwWZ11sL — Financelot (@FinanceLancelot) May …
Microstrategy https://finance.yahoo.com/quote/MSTR/key-statistics h/t 2ndSifter
That’s stealing and trespassing. Hope he called the cops. Because nothing says ‘entitled’ quite like using someone else’s driveway as a personal Tesla charging station. Bravo, Karen!
President Biden has been warned by top aides and his wife Jill to rest more and be more mindful of his health going into 2024 — while he claims he “feels so much younger” than his 81 years, according to a new report. The age dynamic has caused tension inside the White House, according to …
The price of groceries is no joke. But this is a good skit. pic.twitter.com/6HJtbnKB5A — Ian Miles Cheong (@ianmiles) November 10, 2023 Krugman says we beat inflation with no cost. Turns out we didn't beat inflation and here's the cost. https://t.co/R6reSOErjc — Peter St Onge, Ph.D. (@profstonge) November 9, 2023
by Chris Black Canada took less than 8 years to go from “incurable illness” and “intolerable suffering” to mostly made up mental illnesses “LOL KYS” used to be a joke people told others on the internet. Strangely, this attitude has become the official policy of the government of Canada. If you go to the …
