Independent thinking for complex markets and current events
Sen. Rand Paul (R-Ky.) says he “won’t vote for” a reconciliation package that is not fully paid for with real spending cuts, he told Axios. Why it matters: A “no” from Paul would be an early reminder that even the Senate’s safer bet for a quick win isn’t a sure thing. The House is mired in debate over …
RFK Jr.’s confirmation is a very important one to the American people. Thank you, Mr. Senator. — Patrick Webb (@Patrickwebb) February 4, 2025
A major conflict has erupted in eastern Democratic Republic of Congo (DRC), marking one of the deadliest attacks on peacekeepers in recent years. At least 12 peacekeepers, including nine South African and three Malawian soldiers, were killed during clashes with M23 rebels. The rebels, primarily of Tutsi ethnicity, have encircled Goma, a key city with …
The dominance of US tech giants is in question. With reduced-capability chips outperforming massive investments, the bubble of overinflated valuations in big tech could burst. The market might soon be forced to recalibrate, adjusting to a reality where smaller, more agile companies can match or even surpass the performance of the giants, without the endless …
REXShares and Osprey Funds: Bitcoin ETF Ethereum ETF Solana ETF XRP ETF TRUMP (meme coin) ETF BONK (meme coin) ETF Dogecoin (DOGE) ETF VanEck: Onchain Economy ETF (investing in various crypto firms) Canary Capital: Canary Litecoin ETF Tidal DeFi: Oasis Capital Digital Asset Debt Strategy ETF (investing in debt instruments issued by crypto enterprises) CoinShares: …
The owner of UnitedHealthcare reported record full-year revenue but lower profits for 2024, just weeks after the brazen killing of a top executive inflamed the national ire against insurance companies. Why it matters: It’s the first earnings report for UnitedHealth Group since Brian Thompson’s killing in early December sparked a national conversation about the U.S. health care industry’s profits and coverage denials. …
Gold’s already had six fantastic years – dare we hope for the bull run to continue? Goldman Sachs weighs in, forecasting another two years of growing gold prices (at least). Here’s why Goldman thinks the bull run may just be getting started… By Peter Reagan Your News to Know rounds up the most important stories …
Chinese researchers have found an innovative way to use SpaceX Starlink satellite constellations to detect aircraft, like stealth fighters, passively. According to Chinese media, this was achieved by effectively detecting the “shadow” of an object between the detector and the electromagnetic radiation emitted by the satellites. The team behind the discovery reportedly used a DJI …
🇺🇸🔥Man films HUGE walls of fire around his house in Los Angeles while still inside with his dog #PalisadesFire pic.twitter.com/ZqXqwBLiLD — Radar 𝘸 Archie🚨 (@RadarHits) January 8, 2025
So public transit is a multi-trillion biz with magnificent margins, yes (that’s essentially what he’s saying)? These people sound like 1990s televangelist pastors asking for $ on TV from minimum wage workers in the rust belt. https://t.co/9HeqGCbezM — Gordon Johnson (@GordonJohnson19) January 7, 2025 I have a question here, when a robotaxi is going to …
via Angelo Giuliano: HUGE China trade surplus. The problem (for the US) ? China is not taking any more US debt anymore, instead China is recycling its US trade surplus into > – Belt and Road initiative – Gold – tangible assets investments We are facing the same critical point that led to the Opium …
One of the biggest threats to the United State Postal Service is not the ever-growing cost of stamps, long lines at the post office or even delayed mail. The biggest threats to USPS may be the mail handlers themselves. Auditors found that a tiny percentage of them steal. And they steal a lot, according to …
by Mike Shedlock Companies are mounting a campaign to soften the Trump’s trade threats, but Trump’s team says he is serious. Trump Not Budging on Tariffs The Wall Street Journal reports CEOs Want Trump to Change Course on Tariffs. He Isn’t Budging. Donald Trump’s tariff threats have triggered a behind-the-scenes lobbying campaign to soften or alter …
Long story short: If you invested in her scam, congratulations you played yourself! Trusting a 304 with your money! h/t dimwitty
Hackers are using artificial intelligence to mine unprecedented troves of personal information dumped online in the past year, along with unregulated commercial databases, to trick American consumers and even sophisticated professionals into giving up control of bank and corporate accounts. Armed with sensitive health information, calling records and hundreds of millions of Social Security numbers, …
HUGE 🚨 James O'Keefe just EXPOSED an NGO telling illegal migrants TO VOTE THIS IS A SWING STATE “They are telling people to vote.” Philadelphia City, Pennsylvania “Whether you have a social security number or not, you can vote. Yes.” pic.twitter.com/zY5Gl84994 — Wall Street Apes (@WallStreetApes) November 5, 2024
NATO is developing mass evacuation and rescue plans in case of a future war with Russia, a senior general has declared. Lieutenant-General Alexander Sollfrank, the head of NATO’s logistics command, confirmed this week the security bloc is working to ensure it has the operational capability to extract large numbers of wounded troops from the front …
Bombshell UFO hearings to take place in Congress as new footage emerges of ‘huge’ craft near US nuclear weapons base!!! 15 September 2024 Another round of public UFO hearings are in store for Congress within mere weeks, according to a senior member of the Senate’s Armed Services Committee. The new Senate hearing, which could arrive …
In a dramatic turn, interest rate futures now forecast less than two rate cuts for the entirety of 2024, a stark departure from earlier projections of six to eight reductions beginning in March. This shift in sentiment reflects growing uncertainty as CPI inflation consistently exceeds expectations, prompting cautious anticipation of tomorrow’s crucial PCE inflation data. …
Two high-speed military cargo ships are stuck in the Port of Baltimore following Tuesday morning’s collapse of the 1.6-mile-long Francis Scott Key Bridge. The major US East Coast port has been paralyzed for several days as the bridge collapse prevents inbound and outbound vessel traffic along the harbor’s channel. Using the automatic identification system, or AIS, …
https://www.youtube.com/watch?v=pSnFl14j3jQ
by Chris Black You can’t own a slice of a stock. ETFs don’t grant ownership of anything. When an online Fintech says you own a piece of Bitcoin, you really don’t. A real share of stock requires signatures to transfer ownership. All the day trading high frequency BS is just unregistered trades to influence the …
One of my favorite economic rules is simple. Whenever a progressive scold blames capitalism or private companies for a “market failure”—i.e., the inefficient or seemingly inexplicable distribution of goods or services in the economy—it’s best to dig a little deeper. Almost always, some government regulation, tax, or law is largely to blame. One recent example …
https://twitter.com/_/status/1723250122652311891 Live stream from the Seynisbrún Grindavík earthquake meter This could shut down a large portion of commercial flights from North America to Europe for an extended period of time https://twitter.com/_/status/1723263882020446692 Massive Underground Operation is taking place in Iceland now — DUMBS are being taken out! 85 ‘so-called earthquakes’ within the hour. ALL of them …
by Michael The Biden administration plans to do what? Yes, you read the headline correctly. Joe Biden and his minions are moving forward with a plan to use “huge vacuum cleaners” to remove millions of metric tons of carbon dioxide from the air. If that sounds like a really stupid idea to you, that is …
