Independent thinking for complex markets and current events
The High Court of Justice on Thursday night issued a blockbuster decision endorsing a universal draft, including the Haredi sector, starting April 1 as a matter of principle, while in practice deferring most enforcement until August 9.The decision largely accepted the recommendation of the Attorney-General’s Office on these issues, invoking a legal universal draft immediately …
ULAANBATAR, 27 March 2024 – Mongolia’s extreme winter conditions, or Dzud, shows no sign of abating and the country, which is at the frontlines of the global climate crisis, is paying for it dearly having lost 5.2 million livestock[1], or about 8 % of its total livestock, said Save the Children. Many children in the worst affected …
🚨BUY TOILET ROLL🚨The Gulf Stream could COLLAPSE as early as 2025 – plunging Europe into a deep freeze, scientists warnhttps://t.co/iMfLUB4xlT — Cult of Moo-wu (@VHS_Archive) February 12, 2024 In the 2004 film The Day After Tomorrow, humanity is plunged into a nightmarish international storm that sends the planet into a new ice age. And although …
In a move that has left employees fuming, 3M, the conglomerate renowned for manufacturing Post-its, command strips, and tape, has frozen its pension program for non-unionized workers. To add salt to the wound, the company announced a shift to a 401(k) retirement plan in 2028 for these employees. This decision, seen as a pathway to …
After the winter storm passes through, Chicago will go into a deep freeze for 8-10 days before seeing 20°F again. Coldest so far projected at -9°F pic.twitter.com/AQ6et9e27H — Ryan Maue (@RyanMaue) January 12, 2024 By Sunday morning, the Arctic blast erases the warmth across Texas sending Dallas down to 13°F pic.twitter.com/05L7pAxu3T — Ryan Maue (@RyanMaue) …
🏡 Real estate market cracks widen as buyers freeze this winter ❄️ Around 45,000 U.S. home purchase agreements were CANCELED, constituting 16.9% of homes under contract – the highest percentage since @Redfin records began. 📉 #RealEstate #MarketTrends #HousingMarket pic.twitter.com/E5uqDKtJ8S — The Coastal Journal (@1CoastalJournal) December 19, 2023 https://twitter.com/Econimica/status/1737380550602830333
Gruesome Newsom Orders Commiefornia Spending Freeze Legal Insurrection readers may recall that I reported on California’s staggering $68 billion deficit, caused by an “unexpected” economic downturn. What is truly unexpected is that Gov. Gavin Newsom’s administration has just ordered a state spending freeze. In a memo sent across California agencies and departments this week, the director of …
JPMorgan Chase’s handling of Lois White’s account, freezing it over a government check deposit, raises serious concerns about the bank’s customer service and accountability. The abrupt termination of her account, despite providing proof and documentation, underscores potential flaws in Chase’s verification processes. The incident not only leaves White financially stranded but also highlights the broader …
by TonyLiberty Taxes kept climbing. People moved. Population shrinking, tax base shrinks. Seems straight forward. Time to cut back on taxes and things will rebound. I’m not a Trumpian but just cut taxes at the state level back to early 2000 levels and more people can afford to live in the state. Growing the tax …
🚨 This is How Global Collateral Markets are Starting to Freeze Right Now.🚨 https://t.co/KslI7M4UA3 pic.twitter.com/5ZnpfCvhuJ — Jeffrey P. Snider (@JeffSnider_EDU) October 12, 2023 Huge divergence. Looking like a US Treasury or bond bear market similar to 1940s or 1970s like @LynAldenContact @LukeGromen & Tavi have been predicting for awhile. 10 year US Treasury is the …
via Jeffrey P. Snider Euro$ Collateral System is flashing red alarms, and it’s time to pay attention. Japanese govt bills are the epicenter, but this issue runs deeper. Brace yourself, because the global collateral system, which is vital for the financial world, is sputtering. Collateral isn’t just about USTs;; it’s about a complex web of …
by Chris Black US. Senate Minority leader Mitch McConnell freezes again while speaking at a press conference. U.S. Senate Minority leader Mitch McConnell freezes again while speaking at a press conference pic.twitter.com/NyPIWytNeJ — BNO News (@BNONews) August 30, 2023 Bro has no idea where he is. How is he allowed to run anything? Rhetorical question, …
via Mike Shedlock: Rents are rising at a record pace in Germany. Politicians turn to a price control gambit guaranteed to fail. https://twitter.com/kuzeypiyasasi/status/1695897569572913595 Rent Control Evidence Please a September 2019 Stanford Business Study on The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco Using a 1994 law change, we …
As I have predicted for many months, the closer we get to the start of US Election season, the louder the din to freeze the Ukrainian Conflict becomes. It wasn’t supposed to be this way, cutting Russia off from SWIFT was supposed to cause Russia to just roll over and die, tcollapsing into chaos and …
Central Bank Digital Currency will be programmable… ultimately giving the issuer control over *how it is spent by the recipient* Your freedom to purchase fuel, meat, flights, guns, fertiliser… will be limited to a carbon credit score Banks and other service providers will have the ability to suspend or freeze your account… without a court …
by confoundedinterest17 The Biden Administration is gushing about Q2’s Real GDP report of 2.4% QoQ. Wow, after trillions of dollars of stimulus spending and The Fed going wild with monetary stimulus, all we got was 2.4% growth?? But let’s turn the cameras on the housing market. Pending home sales crashed -14.8% YoY in June. Is …
The pilot version of Real Digital, Brazil’s central bank digital currency, enables authorities to freeze users’ wallets and reduce their balances, according to Pedro Magalhães, a blockchain developer from Brazil. Magalhães claims to have reverse-engineered the CBDC’s functions based on the source code published for a public audit by the Banco Central do Brasil (BCB), …
Directly from the court filings posted by the SEC. Makes you wonder what’s coming next for Coinbase and others. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/FH6r017vBg — The Kobeissi Letter (@KobeissiLetter) June 6, 2023 Crypto exchanges extract U.S. Dollars and send them overseas. The SEC is effectively stopping the flow, causing …