Independent thinking for complex markets and current events
This story is wild Colorado ranchers tampered with NOAA weather instruments to reduce reported rainfall in order to collect more federal drought relief money. But, then their co-conspirator escaped from prison … https://t.co/83hwmWDP0D — Ryan Maue (@RyanMaue) March 10, 2024 Two southeastern Colorado ranch owners were recently sentenced to pay $6.6 million to resolve federal …
This means that Michael @saylor has been able to get out of his upside-down position if he wanted to, but whoever buys #Bitcoin at this level is either an extreme optimist or delusional. — Ram ben Ze'ev (@rambenzeev) March 11, 2024 JUST IN: Tech Funds just saw the largest outflow in history of $4.4 billion …
Time to VACATE Mike Johnson.
"Investors have piled into [Bitcoin] funds at a historic clip since their Jan. 11 launch, with total assets in the 10 U.S. spot bitcoin funds on the market swelling to nearly $50 billion."@jackpitcher20 pic.twitter.com/0FHGsqLYEU — Daily Chartbook (@dailychartbook) March 6, 2024 Bitcoin mania is back on the scene as investors rush into cryptocurrency funds at …
BREAKING: Dolton Mayor Tiffany Henyard VETEOS a unanimous board resolution to investigate her use of tax funds. Mayor Henyard claims that she vetoed the investigation to prevent personal attacks. She has come under fire in recent weeks for using taxpayer money on lavish trips,… pic.twitter.com/zKaqTT4wse — End Wokeness (@EndWokeness) March 6, 2024 In a surprising …
🇨🇳China Stocks See Largest Weekly Outflow Since October, Says BofA Chinese stock funds saw the largest weekly outflow since October, as the government seeks to stem a decline in the stock market, according to Bank of America Corp. strategists. About $1.6 billion was pulled… pic.twitter.com/uTbqAbcoaS — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 1, 2024 Chinese …
California Democrat Rep. Eric Swalwell, known for using his campaign war chest as a “personal piggy bank,” according to watchdog group American Accountability Foundation, spent campaign funds at the Super Bowl and paid $50,000 to NFL teams for “event tickets,” records show. Swalwell, a San Francisco 49ers superfan, attended the big game in Las Vegas …
Rep. Eric Swalwell spent millions of dollars in campaign funds on his own childcare costs, Four Seasons steakhouses and staying at the Burj Al Arab in Dubai, campaign filings show. pic.twitter.com/67oeD3xV53 — Ben Kew (@ben_kew) February 20, 2024 pic.twitter.com/1Mo6p2jAnt — Ben Kew (@ben_kew) February 20, 2024 Nothing wrong with campaign funds as your slush fund. …
Norway has agreed to help transfer frozen tax funds earmarked for the Palestinian Authority that were collected by Israel, the Norwegian Foreign Ministry says, providing vital funding to the Western-backed entity. “The temporary scheme will play a crucial role in preventing the Palestinian Authority from collapsing financially,” the Norwegian ministry says in a statement. https://www.timesofisrael.com/liveblog-february-18-2024/
Rand Paul accused McConnell of working with Biden and Schumer to send your tax dollars to Ukraine! Sen. Rand Paul: From the beginning I think this has been a ruse. It hasn’t ever really been about the border. That was a token, that was a bone that was going to be thrown to conservatives. But they …
NEW – Washington state diverted $340 million in federal “COVID funds” to illegal immigrants, including via $1,000 checks — Fox NEW – Washington state diverted $340 million in federal "COVID funds" to illegal immigrants, including via $1,000 checks — Fox — Disclose.tv (@disclosetv) February 3, 2024 h/t DOORBERT
https://www.bloomberg.com/news/articles/2024-01-31/hedge-funds-with-2-000-leverage-are-catching-the-eu-s-attention (Bloomberg) — European regulators are closely following a group of hedge funds with exposure to mortgage bonds and average gross leverage in excess of 2,000%, a position so large it risks impacting markets. The funds predominantly are buyers in rising markets and sellers during a downturn, according to a Tuesday report by the European …
BREAKING: @FreeBeacon has obtained audio of a whistleblower privately warning Fani Willis in 2021 that her top aide was trying to misuse federal funds. Willis did not dispute the allegations. 56 days later, Willis fired the whistleblower and perp walked her out of the office. pic.twitter.com/YEkKIB2L5f — Andrew Kerr (@AndrewKerrNC) January 31, 2024 Willis provided …
Oh wow, what a shocker! A politician misusing government funds? Who would’ve thought? It’s not like that ever happens… eye roll The Department of Justice has subpoenaed a House Democrat for allegedly misusing government funds intended for security. The allegations became public Monday and were first reported by Punchbowl News. 🚨BREAKING NEWS — @TheJusticeDept is investigating a House …
Diversity is making our military weaker and our country less safe. No one wants to put their life on the line so that a man who thinks he’s a woman can wear a dress in the military. The same thing is happening with our police. NYPD is the smallest it’s been since the mid-90s. — …
by confoundedinterest17 Nobody manipulates markets like The Federal Reserve! Nobody but The Fed. Here we sit with core inflation rate BELOW the current Fed Funds Target Rate (upper bound). So is it time to start withdrawing its more than ample monetary stimulus. Like the Bank Term Funding Program. The Federal Reserve is likely to retire the …
by mark000 The financial plumbing is getting problematic which will require rate cuts and to end QT. Meanwhile global trade supply issues, OIL, govt deficit, wage growth etc may be calling for rate hikes at the same time. 2024 going to be very interesting This crisis is going to occur during Q1, so within the …
That’s a massive chunk of cash now ready to spend! Money Market Funds Record: $1.3 Trillion has flowed into money market funds this year, the largest amount in history pic.twitter.com/VRylKN9kLw — Win Smart, CFA (@WinfieldSmart) December 24, 2023
via Naturalnews: Congress is taking aim at the nation’s parasitical hedge funds, which are largely to blame for the housing crisis and bubble market that is preventing many hard-working Americans from owning a home. Two bills proposed by Democrats this week would require all hedge funds with single-family homes in their portfolios to sell them all off …
via outkick: The demand from the Biden administration and Gavin Newsom to make every car an EV in the near future suffered another devastating blow on Tuesday. In October, Ford announced it was pulling the plug on a massive, $12 billion investment in electric car design and production. That came after the company announced massive …
China’s central bank has made a historic move by injecting a record $112 billion into the financial system, according to reports from Bloomberg. This substantial cash injection comes as the Chinese yuan experiences depreciation against the US dollar, posing challenges for exporters and raising concerns about potential inflation. The Chinese economy has been grappling with …
via ssrn: Abstract In this paper, we study the relationship between stock fund managers’ facial attractiveness and fund outcomes. Utilizing the state-of-art deep learning technique to quantify facial attractiveness, we find that funds with facial unattractive managers outperform funds with attractive managers by over 2% per annum. We next show that good-looking managers attract significant …
Zelensky faces impossible task ahead of meetings in Washington As CNN reported last week, there is just about $2 billion still available in the eyes of the administration the US can send out. There is $4.8 billion left in the presidential drawdown authority, but that funding is used to send existing US stockpiles to Ukraine …
Many banks are kept afloat by borrowing from a special short term rescue fund at the Fed. To date over $ 100 billion has been borrowed to keep the banks solvent. The banks are sitting on a keg of financial dynamite with over $ 650 billion in unrealized losses on Treasury securities in addition to …
Legislation would also require BlackRock vanguard hedge funds to sell their portfolios of houses. I’m sure it’s to win brownie points with the voters although the implications of it actually came to pass could be devastating to areas like Phoenix Arizona. Hedge funds have purchased 44% of homes for sale in the last several years, …
Amid an acute housing shortage, soaring prices, and sky-high rents, a groundbreaking 28% of single-family homes in the United States were snapped up by investors in 2022. The surge in investment has led to growing concerns about affordability, prompting the introduction of a bill aimed at restricting hedge funds from dominating the single-family home market. …
by Flying Elvii I have been saying over and over that there is a lot more money being thrown at Ukraine than just from the Defense Budget. USAID is paying to run the Ukrainian Government and the entire Ukrainian Welfare System, as well as giving your money to other countries to profit from funneling it …
by Virtual_Crow The RRP facility is used to take excess liquidity out of the system. Banks have a ton of extra deposits that they would loan out, and if there’s too little demand for loans they’d loan it at less than 5% (for short term loans). The Fed doesn’t want that because loaned deposits multiply …
NYC want to tax you on roads you paid for. via MarketWatch: NEW YORK — Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials Thursday. The congestion pricing plan, which neighboring New Jersey has filed a lawsuit over, will be the first such program in the United States …
