Independent thinking for complex markets and current events
“Top officials are fleeing—at least seven senior staffers, including legal experts, have resigned in just weeks. Employees warn the chaos is “eroding confidence” in the organization. GOP-led investigations are ramping up. Virginia’s AG flagged “facially implausible” donations, and House Republicans are pushing multiple states to probe whether ActBlue funneled fraudulent contributions into Democrat campaigns. One …
On March 2, 2025, extreme weather struck multiple regions in China, with parts of Henan province experiencing heavy rainfall and violent winds, causing road obstructions, vehicle overturns, and significant travel disruptions. Meanwhile, in Yueyang, Hunan, a sudden hailstorm lasted for over an hour, with densely packed hailstones the size of eggs, severely impacting city traffic …
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, …
Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations. The filing marks the finale of the company’s yearslong fall from grace. Nikola’s core products are all-electric and fuel cell electric semitrucks. At its peak in 2020, Nikola was valued more than Ford Motor at $30 billion, …
Credit: @RobertKennedyJr @breakfastclubam Source: https://t.co/h4qfq7N7hQ — Wide Awake Media (@wideawake_media) February 10, 2025
by Michael 2025 has been quite a chaotic year already. On New Year’s Eve lightning struck four of the most iconic buildings in our entire country, on New Year’s Day we had terror attacks in New Orleans and Las Vegas, Justin Trudeau stepped down just a few days later, and now we are in the midst of the …
https://twitter.com/blankallclowns/status/1874645259692740753 Schubarth pleaded guilty in March to charges that he and five other people conspired to use tissue from a Marco Polo sheep illegally brought into the U.S. to clone that animal and then use the clone and its descendants to create a larger, hybrid species of sheep that would be more valuable for captive …
This timing is epic. Saylor is massively exposed and out of cash in January 2025.https://t.co/Hf4kA0I7U2 — Financelot (@FinanceLancelot) December 27, 2024 Bitcoin Churn below the undercarriage is text book, before it lets go. https://t.co/brMztgiSCJ pic.twitter.com/WSuGSR6bCG — The Great Martis (@great_martis) December 26, 2024 WOW WTF https://t.co/wd0YM7EORP — Acres and Ounces (@RetirementRight) December 26, 2024 This …
by Michael Enormous “mystery drones” are buzzing rooftops and flying freely through the skies in New Jersey, New York and Pennsylvania, and our government is powerless to stop it. As I discussed yesterday, these drones have been spotted over military facilities, water reservoirs, transportation hubs, police departments and other sensitive installations. But even though some of …
by Michael The health of the economy has been a major determining factor in many past presidential elections, and the health of the economy is certainly going to have an enormous influence on the outcome of the upcoming presidential election. In fact, according to a poll that was just released by Rasmussen the economy is the number …
I have been saying on my channel for years now that property taxes, especially the giant increases. People have been receiving over the past several years are a huge scam. Well, it turns out I’m not alone and somebody out there has uncovered the truth. His name is Mitch Vexler and he has a solution …
By Pam Martens and Russ Martens: September 3, 2024 ~ The Office of Financial Research (OFR), the federal agency created after the 2008 financial collapse on Wall Street to defog the lenses of federal regulators to prevent a replay of that disaster, has posted frightening graphs on its website as part of its “Hedge Fund …
Scientists have discovered exactly how earthquakes trigger quartz into forming large gold nuggets — finally solving a mystery that’s puzzled researchers for decades. Gold naturally forms in quartz — the second-most abundant mineral in Earth’s crust after feldspar. But unlike other types of gold deposits, those found in quartz often cluster into giant nuggets. These …
Steelworkers Vow to Keep ‘US Steel US Owned’ as Foreign Giant Gobbles Up American Industry Nippon Steel Corp. raised its capital commitment Thursday by more than $1 billion to spend on U.S. Steel plants amid entrenched political and labor opposition to the Japanese company’s nearly $15 billion acquisition of the iconic American steelmaker. Nippon Steel’s …
In order to spread her mother’s ashes, Goldberg said she would “scoop some of her up” and pretend she had a cold by faking a big sneeze. The television personality confessed that she used the same method to spread the ashes near the “flowers where it says Disneyland.” https://people.com/whoopi-goldberg-says-she-spread-her-moms-ashes-on-disneyland-ride-by-faking-a-giant-sneeze-8679787
Tennessee boutique owner says giant Biden campaign sign above store caused sales to plunge, sparked ‘nasty’ threats https://t.co/hR9koW4OXQ pic.twitter.com/GYEKNqcASs — New York Post (@nypost) July 18, 2024 It’s a sign of the times. A Tennessee boutique owner wants landlords to remove a giant Joe Biden campaign banner from above her shop — saying it caused …
Shares in Burberry plunged over 15% in early trading on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend. The 168-year-old British luxury giant said that if the recent trading slowdown continues, it expects to report an operating loss for the first half of …
Faced with revenue and unit sales declines in recent months, snack giants PepsiCo and Conagra confront the reality of “value-seeking behavior.” Grocery inflation is slowing, and the companies that make the food are starting to sweat. As part of their quarterly earnings reports Thursday, snack powerhouses PepsiCo and Conagra Brands reported lower revenue and unit …
from Kerry Lutz’s Financial Survival Network Kerry and John Rubino discussed various indicators pointing towards an economic slowdown, attributing it to factors like higher interest rates and government interventions through liquidity injections. They also touched upon the upcoming election and its potential influence on the economic narrative. The speakers expressed differing views on whether the current trend in …
Last October, when the wounds from the March 2023 bank failures – which surpassed the global financial crisis in total assets and which sparked the latest Fed intervention, setting the market’s nadir over the past 16 months – were still fresh, we made a non-consensus prediction: we said that since the Fed has once again backstopped the US financial …
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 …
Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare twist versus typical US bankruptcy proceedings, FTX — whose downfall recently spurred a 25-year prison sentence for its former CEO Sam Bankman-Fried — also has …
Russian natural gas giant Gazprom plunged to a loss of 629 billion roubles (£5.5bn) last year as its sales to Europe more than halved following Vladimir Putin’s decision to invade Ukraine. The energy giant’s shares in Moscow were down around 3.3pc after revealing the downturn, which was far steeper than the 447 billion rouble (£3.9bn) …
April 22 (Reuters) – Fashion retailer Express Inc (EXPR.PK), opens new tab has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday. The retailer whose portfolio includes brands such as Express, Bonobos and UpWest Express, listed assets and liabilities in the range of $1 billion …
HANOI, April 17 (Reuters) – Vietnam has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest financial fraud, according to three bank documents and new official information provided to Reuters by a person with access to the documents. “Without lending, SCB will collapse,” according to the …
JUST IN 🚨: Fidelity now holds more than 150,000 Bitcoin $BTC worth over $10.2 billion https://t.co/FRsl8RBpiL pic.twitter.com/cmcmS9k6B4 — Barchart (@Barchart) April 9, 2024
Stunned archaeologists probe claims of giant skeletons in Nevada caves where they found a 15-inch sandal that had been worn down as well as massive handprints across the walls Archaeologists have long been baffled about claims that a long-lost group of giant humans who stood up to 10 feet tall once lived in the southwestern …
In a shocking turn of events, Deadspin, once a prominent left-wing sports website, finds itself in the eye of a storm, and the storm has laid waste to its entire staff. BREAKING: Left-wing sports website @Deadspin has been sold and the entire staff laid off pic.twitter.com/CN2324Of6K — Breaking911 (@Breaking911) March 11, 2024 Life comes at …
via naturalnews: The oil-rich kingdom of Saudi Arabia has formally joined the BRICS group alongside four other countries. South African International Relations Minister Naledi Pandor confirmed the full membership of Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates (UAE) during a Jan. 31 press briefing in the capital Pretoria. The five nations accepted the invitation …
In the Sierra Nevada Mountain range, the Union Pacific Railroad employs a powerful arsenal to combat the challenges posed by heavy snow, commonly referred to as “Sierra cement.” To keep the vital supply chain moving, the railroad utilizes rotary snowplows, an impressive solution that hasn’t halted rail service on the mountain since 2011. The rotary …