Independent thinking for complex markets and current events
pic.twitter.com/7ZsuFeonCi — Vol Sniper (@TheVolSniper) November 23, 2024 Bitcoiners explaining bitcoin👇 Won't be long. pic.twitter.com/gliHXEyII5 — The Great Martis (@great_martis) November 23, 2024 US National Debt Exceeds $36 Trillion as Fed Survey Warns of Risk to Financial Stability
“Franchise Group Inc., the owner of brands including the Vitamin Shoppe and Pet Supplies Plus, has filed for bankruptcy protection after months of losses and turmoil surrounding its founder and its backer B. Riley Financial Inc, with up to $10 billion in liabilities” It’s crazy to me all these companies going bankrupt and media just …
by Jesse Felder The market environment has changed dramatically from that which defined the past two decades. Interest rates are significantly higher which should bring equity valuations down though that is clearly not the case today. However, this may be one reason insiders have little to no appetite for their own shares at present. Then …
Authored by Charles Hugh-Smith via oftwominds, Is an economy based on the wealth effect generated by front-running the front-runners really that stable? So the entire economy depends on the stock market going up as punters front-run the Fed–and this is not only fine, it’s optimal, the best arrangement the world has ever seen. On which ethereal …
by Michael Businesses are declaring bankruptcy at a much faster rate than they did last year. Thousands upon thousands of once thriving businesses are failing, but this just must be another sign that the economy is “fine”. No matter how bad the numbers get, we are assured that the people running things have everything under …
An Ontario court ruled in favor of Meththa Fernando, a woman who refused a COVID-19 nasal swab test upon returning to Canada in April 2022. She was initially convicted and fined $6,255 for failing to comply with the Quarantine Act. However, Ontario Court Justice Paul Monahan overturned her conviction, stating that the requirement for a nasal …
The European Commission offered 𝕏 an illegal secret deal: if we quietly censored speech without telling anyone, they would not fine us. The other platforms accepted that deal. 𝕏 did not. https://t.co/4lKsaRsYoA — Elon Musk (@elonmusk) July 12, 2024 Elon Musk Drops a Bombshell About European Commission’s Attempt to Bribe Him
Good on the Post for bringing the obvious. The wealthy are doing just fine. It’s everybody else who is screwed. pic.twitter.com/N5iDBVTGwm — Uncle Milty’s Ghost (@his_eminence_j) July 10, 2024 78% of Americans live paycheck to paycheck in 2024, up 6% from last year As living expenses in the U.S. continue to rise and wages struggle …
https://twitter.com/amuse/status/1808679002258690520
Jared Golden represents Maine’s Second Congressional District in the U.S. House of Representatives. After the first presidential debate, lots of Democrats are panicking about whether President Joe Biden should step down as the party’s nominee. Biden’s poor performance in the debate was not a surprise. It also didn’t rattle me as it has others, because the outcome of …
In the days since his State of the Union address, Joe Biden continues to look worse, and I have to wonder if anyone in the White House is noticing because it’s hard to understand how or why they are letting him embarrass himself this way. On Monday, Biden flew to New Hampshire for an “official” …
Kilmeade: You have to come up with $400 million, how close are you to securing the bond? Trump: I have a lot of money. I can do what I want to do. Kilmeade: So you’re not worried about the money? Trump: I don’t worry about money pic.twitter.com/Z1a4XLC2Xi — Acyn (@Acyn) March 5, 2024
Totally normal for the leader of the free world to say that he recently met with somebody who died over 3 decades ago. He's fine. Four more years. https://t.co/mQOFTbQOTM — Greg Price (@greg_price11) February 5, 2024 Israel minister sorry after son implies Biden has Alzheimer’s Israel’s National Security Minister Itamar Ben-Gvir apologised on Tuesday after …
15 year old is set upon by a gang of youths. They beat him and stab him while live streaming. One is identified. He is ordered to write a letter of apology and pay $50 court fine. That’s it. Justice apparently. This happens everyday. So many cases all over the country. Where is the JUSTICE …
by Chris Black Reuters: The European Union reached agreement early on Wednesday on new rules designed to share out the cost and work of hosting migrants more evenly and to limit the numbers of people coming in. I welcome the historic agreement on the Pact on Migration and Asylum Congratulations to the European Parliament and Council for …
Washington Democrats propose law to jail citizens who use gas-powered lawn tools A bill pre-filed by state Rep. Amy Walen, D-Kirkland, would amend the state’s Clean Air Act to ban new “gasoline-powered and diesel-powered landscaping and other outdoor power equipment.” The bill states that gas-powered lawn equipment contributes to climate change and claims such tools …
by Chris Black France is about to pass a bill which would criminalize insulting Israel. This law would punish anti-Israel speech with multiple years of jail time and tens of thousands of euros in fines. Note that these same lawmakers have yet to propose any law that would punish insulting France or French people. https://twitter.com/davidrkadler/status/1720461371316326556 …
via FT: September 14 – Financial Times (Laura Noonan): “Private equity and private debt executives are too laid back about the mounting risks in their industry, the chair of the top organisation representing securities regulators warned…, as it published new research on vulnerabilities in the $13tn market. The International Organization of Securities Commissions (Iosco) said private finance …
by Dismal-Jellyfish I would like to share some more FINRA ‘discipline’ with y’all, this time it’s Citigroup (again…) As these releases convey a ton of information, I hope this format makes sense: I am going to outline what Citigroup did from points from the filing. I am going to pull the rules they broke and attempt …
https://finance.yahoo.com/amphtml/news/lyft-sliced-office-space-half-184650020.html When people first come in, “we’re literally calling it homecoming,” he said, adding that he hopes to re-create the feeling of the first day at a new school. “We’re going to give tours and have community groups [like book clubs] where people can get together and talk about things that have nothing to do with work.”
by Michael If you want to believe that propaganda that is coming from the Biden administration, you probably won’t want to read this article. Joe Biden insists that “Bidenomics” is working and that a wonderful new era of peace and prosperity is just around the corner. Meanwhile, inflation is out of control, homelessness is rising to very …
via behindtheblack: This story is simply another data point in a well known trend that became very clear during and after the panic over COVID: The populations of cities run by Democrats are dropping faster than ever before, as citizen flee these badly run crime-ridden hellholes where only honest citizens get punished for defending themselves. The number …
via CBSNEWS: NEW YORK – Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are violations of various consumer financial protection laws. As a result, the Consumer Financial Protection Bureau ordered Bank of America (BAC) to pay …
by Dismal-Jellyfish FINRA ‘Discipline’ Alert! Citigroup Violates Rule 606, Over-reports Non-Directed Orders for Six Years (2012-2018), Fails to Maintain Supervisory System for Nine Years (2012-2021). Their Penalty? They received a censure and a $100,000 fine, without having to admit or deny the findings. Source: https://www.finra.org/sites/default/files/fda_documents/2019063024201%20Citigroup%20Global%20Markets%20Inc.%20CRD%207059%20AWC%20lp%20%282022-1671322798409%29.pdf Good morning Superstonk, I hope everyone had a GREAT weekend! …
The gaslightning from the corporate media never ends… Source without paywall:https://t.co/yqBHDKWchX — Wall Street Mav (@WallStreetMav) June 21, 2023 They finally turned this into a real headline pic.twitter.com/F3Inpew00F — Joe Genius (@BigJoeGenius) June 21, 2023 Free money to …. 🔻 The monthly mortgage payment for a new average loan size has doubled to almost $3,000 …
Thomas Massie explains why he voted No. Adam Schiff acted unethically but if a resolution to fine him $16 million comes to the floor I will vote to table it. (vote against it) In fact, I’m still litigating a federal lawsuit against Pelosi over a salary reduction she imposed on me for my refusal to …
Fed Loaned $160 Billion to Banks and $142 billion to FDIC. But QT-Related Roll-off Continued At around 4.75%, plus collateral, these are expensive loans for banks. The Fed’s Discount Window Soared to Its Highest Level Since the Previous Financial Crisis of 2008 Fed Dead Redemption! Flight To Safety As US Treasury 10-Year Yield Drops …