Independent thinking for complex markets and current events
DELTA FLIGHT ATTENDANT EXPOSES GOVERNMENT SHUTDOWN OVER THE INTERCOM MID-FLIGHT “Right now, our approach is day by day. The FAA is asking every airline for a 10% reduction in flights to the top 40 markets in the U.S. For Delta, that’s roughly 540 flights a day.” “It’s entirely up to the FAA how many flights …
Here’s How 1 McDonald’s Hamburger contains 1,300 strands of different DNA. This is the result of going from small farms to mega corporations “We’re pooling the bacteria from a thousand different animals” “Thousands of animals” contribute “to a single hamburger” “This is a combo bin of meat. The meat in these boxes comes from many …
It’s insane! The Biden administration tightens regulations on fine particulate matter, risking severe economic consequences, all in the name of environmental activism. “The Biden administration finalized regulations severely tightening restrictions on fine particulate matter that the manufacturing and energy sectors are legally allowed to emit, an action that industry said would have devastating economic consequences. …
Buying a house today costs ~$33,000/yr, 46% of the pre-tax median household income. Post-tax, homebuyers in the US are spending ~70% of their income on home payments. Monthly payments are rising everywhere. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 2, 2023 Basic necessities are becoming luxuries, …
by Simian_Stacker pic.twitter.com/mMlY5N4k2S — The Punisher (of Wall ST) (@GregCrennan) June 14, 2023 It's official! The S&P 500's (SP500) longest bear market since the 1940s has come to an end. The benchmark index closed up 0.6% to 4,294 on Thursday, vaulting it back into bull territory with a 20% advance from its October low….. go …