Independent thinking for complex markets and current events
A study from the European School of Management and Technology (ESMT) revealed that only about 5% of Greece’s international bailout funds were used to boost the country’s economy. The rest primarily went towards repaying debts, covering interest, recapitalizing banks, and restructuring debt. As a result, much of the bailout money ended up with private creditors, …
BREAKING: ALL HANDS ON DECK AMERICANS Intelligence just in from the southern border that 9 surface to air missiles have been smuggled into the U.S. across the New Mexico border. Intended target: Trump Force One A confidential human source relayed to @DocPeteChambers and Baz… pic.twitter.com/5be8OPqKbE — Ann Vandersteel™️ (@annvandersteel) September 26, 2024 To reiterate I …
Aflurry of court cases filed by opponents of offshore wind projects may tie up green energy infrastructure for years in costly litigation—or leave them canceled altogether. There are currently 13 cases pending in federal courts targeting offshore wind projects, according to the American Clean Power Association, an offshore wind trade group. An undetermined number of …
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 …
EXCLUSIVE: 55 Chinese sailors are feared dead after nuclear submarine ‘gets caught in a trap intended to snare British and US vessels in the Yellow Sea’ Twenty-two officers were among the 55 reported to have died in the Yellow Sea China denies it happened – and apparently refused international assistance Fifty-five Chinese sailors are feared …
https://twitter.com/NorthmanTrader/status/1691133559824699395 https://twitter.com/NorthmanTrader/status/1691142197314207744 Most recently, the Fed said they no longer expect a recession. JP Morgan agreed with them. Can the Fed really achieve a soft landing with 7%+ mortgages, $1 trillion in credit card debt and soaring bankruptcies? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 15, …
Perfect for who? Oh wait I know 👇 pic.twitter.com/pwSqCLIvL5 — Mr. D (@Dalernaz) August 1, 2023 Good Morning Everyone! Fitch just gave the U.S. a credit rating haircut – from AAA to AA+! They point to “expected fiscal deterioration over the next three years”. They also highlight the rising government deficit, which it anticipates “will …
Musk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest People “The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023. Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg. It …