Independent thinking for complex markets and current events
Meta has notched an early victory in its attempt to halt a surprise tell-all memoir from a former policy executive turned whistleblower. An arbitrator has sided with the social media company, saying that the book’s author should stop selling and publicizing the book, which went on sale earlier this week. The drama stems from Careless …
Kevin Drum was reportedly forced out of Mother Jones by junior staffers for vague allegations of racism + calling Tara Reade a "lunatic." Meanwhile, he'd spent years refusing every offered raise and telling the magazine to give the money to the magazine's fellows instead https://t.co/rB1DFFZemc — Eric Levitz (@EricLevitz) March 11, 2025 https://twitter.com/marilynmaupin/status/1899509124075065360
by confoundedinterest17 The US economy is gradually recovering from Bidenomics (government/donor dictated spending). Mortgage applications increased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 7, 2025. The Market Composite Index, a measure of mortgage loan application volume, increased 11.2 …
by David Haggith Biden versus Trump in a game of chicken. Uncertainty played big on New York stock market screens today as Canadian retaliatory tariffs stayed in play and then Trump retaliated against the retaliation by saying he had given orders to raise tariffs on Canadian goods from 25% to 50%, even though he has …
This clip from MSNBC is the exact reason why so many Americans are unable to properly grasp the war in Ukraine. The American People have been brainwashed for decades the think that Russia are the “bad guys”, simply because the movies portrayed them as bad guys since the Cold… pic.twitter.com/SamCBrNml3 — Clandestine (@WarClandestine) March 9, …
Earlier this week, the Departments of Health and Human Services (HHS), Education (DoED) and the U.S. General Services Administration (GSA) announced the initiation of a “comprehensive review” of more than $5 billion in federal grant money that goes to Columbia, “in light of ongoing investigations for potential violations of Title VI of the Civil Rights …
The three little pigs were rescued from the big, bad wolf. Three piglets that were left to starve to death as part of a shocking art exhibit in Denmark have been stolen and saved from their horrific fate thanks to a 10-year-old girl begging her father to come to their rescue. To make his point, …
The so-called “Bitcoin maxis” who preached decentralization and freedom from traditional finance are now desperate for government intervention to bail out their collapsing empire. There was no “cryptogod” to answer their prayers—just an endless cycle of new fools propping up a market with no actual value. 2/2 Unfortunately, they did not get their 🙏🏾 answered …
Just saw Starship 8 blow up in the Bahamas @SpaceX @elonmusk pic.twitter.com/rTMJu23oVx — Jonathon Norcross (@NorcrossUSA) March 6, 2025 SpaceX’s massive Starship exploded 10 minutes after taking off Thursday night – two months after another one of the company’s rockets broke apart during the last test flight. Engineers from SpaceX stated that the 400-foot-tall ship, …
WASHINGTON (AP) — Trump says he’s lifting tariffs on most goods from Mexico for 4 weeks amid economic fears from trade war. https://finance.yahoo.com/news/trump-says-hes-lifting-tariffs-163610783.html https://finance.yahoo.com/news/trump-likely-defer-tariffs-usmca-153549096.html Update: Tariffs against Canada are also paused https://finance.yahoo.com/news/trump-likely-defer-tariffs-usmca-153549096.html h/t Patrick_Liu
BREAKING: Over $1 billion #Bitcoin moved from Mt. Gox wallet. Looks like they’re about to dump. pic.twitter.com/5WEUt1z02x — Jacob King (@JacobKinge) March 6, 2025
Federal authorities have charged four defendants with operating one of the largest human smuggling rings in the United States. The indictment alleges that the transnational criminal organization smuggled around 20,000 undocumented immigrants from Guatemala to the U.S. via Mexico. The group is accused of holding individuals hostage, threatening violence, and being responsible for a fatal …
The Atlanta Fed's 🇺🇸 Q1 GDPNow forecast just dropped to -2.8% down from -1.5% pic.twitter.com/aA87kp6f5w — Evan (@StockMKTNewz) March 3, 2025 The Atlanta Fed’s latest revision of the Q1 GDPNow forecast—dropping from -1.5% to -2.8%—is a serious red flag. It paints a picture of an economy struggling to keep its footing. The fact that the …
MSNBC’s Jen Psaki never misses a chance to push government talking points, but she conveniently leaves out one key detail—her family’s deep financial ties to USAID. Investigative journalist Natalie Winters just revealed that Psaki’s sister, Stephanie Psaki, worked for nearly a decade at Population Council International, a group that has received hundreds of millions in …
Zelensky has been fired from his acting job — Elon Musk (@elonmusk) February 21, 2025 AC
BREAKING: HHS Secretary RFK Jr. pauses a multimillion-dollar contract from the Biden administration to create a new COVID-19 vaccine. Via: Fox News pic.twitter.com/QxhdU9Jlv6 — Ian Jaeger (@IanJaeger29) February 26, 2025 FIRST ON FOX: Department of Health and Human Services Secretary Robert F. Kennedy Jr. has paused a multimillion-dollar contract from the Biden administration to create …
Steak ‘n Shake is handing Robert F. Kennedy Jr. one of his first big wins as US Secretary of Health and Human Services (HHS). The fast food chain is officially switching from vegetable oil to beef tallow for cooking fries in all of their restaurants nationwide. The brand, known for their steakburgers and hand-scooped milkshakes, …
by Mike Shedlock The share of spending by the top 10 percent keeps rising. Economy Increasingly Dependent on the Wealthy The Wall Street Journal reports The U.S. Economy Depends More Than Ever on Rich People Many Americans are pinching pennies, exhausted by high prices and stubborn inflation. The well-off are spending with abandon. The top 10% …
The Associated Press has filed a lawsuit against the Trump administration over the outlet being barred from covering White House events in person. The wire service has been snubbed for refusing to update its style guide to refer to the “Gulf of Mexico” as the Gulf of America after President Donald Trump issued an executive …
by confoundedinterest17 Did Jerome Powell and The Federal Reserve push markets too hard? Sales of existing single-family houses, townhouses, condos, and co-ops that closed in January dropped by 4.9% from December, seasonally adjusted, to an annual rate of 4.08 million sales, according to the National Association of Realtors today. This rate of sales was up just 2.0% …
Apple will no longer offer its Advanced Data Protection (ADP) tool to UK customers following a data privacy row with the UK government. ADP is a tool offered to Apple customers that means only account holders can see things like photos or documents that they have stored online. Apple itself does not have access to …
Sen. Rand Paul, R-Ky., unpacks the battle over the reconciliation bill as President Donald Trump and DOGE leader Elon Musk attempt to remove waste from the government on ‘Kudlow.’
Home prices and mortgage rates are high but haven’t hampered demand for what Toll Brothers calls its “luxury niche.” That niche is made up of empty nesters, rich millennials, and wealthy buyers who are inoculated from housing market swings. “Demand for our homes continues to be supported by our affluent customer base,” Toll Brothers chief executive and chairman …
This is a full-scale, taxpayer-funded cover-up. The Department of Education, the agency entrusted with shaping our future, is instead engaged in a secret operation to protect illegal immigrants—and they’re using encrypted apps to evade oversight. Travis Combs himself admits they’ve deliberately removed citizenship status checks to keep the program off the books. Who authorized this? …
Three weeks ago a Chinese Chatbot called "Deepseek" caused a global markets crash and the biggest one day loss in company market cap in history i.e. Nvidia. Barron's thinks that a three week rally to offset a one day loss is bullish.https://t.co/cJ0B6Z9wDc How dumb do you have… pic.twitter.com/nQI4ESlZHq — Mac10 (@SuburbanDrone) February 18, 2025 The …
Warren Buffett’s Berkshire Hathaway purchased more shares of Occidental Petroleum after the oil and gas producer tumbled more than 30% from its record high. The Omaha, Nebraska-based conglomerate scooped up 763,017 shares of the Houston-based energy company on Friday for $35.7 million, according to a regulatory filing. Berkshire is Occidental’s biggest investor, holding a 28.2% …
In this reaction video, I share my take on a CNN interview with a laid-off 59-year-old HR exec who went from earning $A200K to making $16.50 an hour as a bathroom attendant. Her story—1,000 resumes, life savings gone, startinAg over—reveals the harsh reality of age-related job struggles.
ALBUQUERQUE, N.M. (KRQE) – For the first time ever, Albuquerque could be offering cash to low-income families. To start, the initiative would benefit those in the international district and southwest Albuquerque. The city could be following other cities across the country in providing “guaranteed income” to low-income families and the funding would come from cannabis …
The latest NARA emails are a bombshell—further confirming the Trump classified documents case was never about justice, but a politically motivated attack. From the start, the Biden White House was involved, pulling strings long before NARA officially referred the matter to the DOJ. The timeline doesn’t lie. NARA was already frustrated and pushing for action …
