Independent thinking for complex markets and current events
by Michael Very strange things continue to happen in the Middle East. Earlier today, a member of the Turkish Parliament named Hasan Bitmez delivered a passionate speech about the war in Gaza. As he concluded his speech, he boldly declared that Israel would experience the “wrath of Allah”. Moments after ending the speech, he literally collapsed on …
Also: Jobs data tends to lag, indicating the situation might be worse than the market currently anticipates. Paradoxically, this is bullish for the near future as the market is eager to price in the cuts. TLDR: Bad news is good news. — Phoenix Capital (@PhoenixCapitalH) December 5, 2023 Job openings/S&P500 h/t Tonight We Ride!
by EuphoricTrilby This is the DOJ’s most brazen example of unequal application of the law. These are two memes with the exact same message, but pointed in opposite political directions. Yet the one that mocks Hillary supporters gets 7 months in prison, while the other one makes you a “feminist defender of democracy”. Elon Musk …
by Chris Black People have no idea how powerful Wikipedia is. Wikipedia is the single most influential media operation ever in all of human history – by a huge margin. The fact that it is totally controlled by the CIA should be the biggest story of the decade. Instead, the mainstream media is not even …
TIL Hillary's White House chef also drowned… Not kiddinghttps://t.co/uOTuqlVAvu pic.twitter.com/Kgf6Nmepvr — Jordan Schachtel (@JordanSchachtel) July 24, 2023 TIL Hillary's White House chef also drowned… Not kiddinghttps://t.co/uOTuqlVAvu pic.twitter.com/Kgf6Nmepvr — Jordan Schachtel (@JordanSchachtel) July 24, 2023 oh hi nothing to see here just a couple White House chefs drowning no big deal also how many grown adults …
via politico: “Even if there were surveillance cameras, unless you were waving it around, it may not have been caught” by the cameras, added the official, who spoke on condition of anonymity given that it’s an ongoing investigation. “It’s a bit of a thoroughfare. People walk by there all the time.” Yeah sure…. h/t EuphoricTrilby
by Fappinonabiscuit I follow futures. Particularly soybean oil. Someone made a shit post the 08 crash could have been predicted by soybean oil futures and Oreo making a new cookie. I don’t know why I latched onto it but I kept following it because why not it was way out in left field and I …
Scientists use deep learning algorithms to predict political ideology based on facial characteristics. “A new study in Denmark used machine learning techniques on photographs of faces of Danish politicians to predict whether their political ideology is left- or right-wing. The accuracy of predictions was 61%. Faces of right-wing politicians were more likely to have happy and …
By Graham Summers, MBA There are two primary reasons why inflation has remained so persistent despite the Fed raising rates from 0.25% to 5.25% in the span of 14 months. 1) The Fed is using the wrong tools to end inflation. 2) The Federal Government continues COVID-19 emergency levels of spending. Yesterday we discussed #1. …
The 16 People Who Will Pick the Next President Influence has its privileges…. To retain me as your personal guide through the upcoming presidential election and the next administration, sign up now for the Wide World of News Concierge Coverage. It is the only way to keep receiving this newsletter after next week — and …