Independent thinking for complex markets and current events
This is how wars start between global powers. China has bought a lot of US debt in order to keep the US afloat and buying Chinese goods. Now that the US is past the point of no return and also implementing tariffs, the Chinese have given up that strategy and just want out of dollar …
By Martin Armstrong The largest presidential rally in the history of New Jersey occurred over the weekend on May 11. Donald A crowd of around 100,000 came together to listen to former President Donald Trump and show their support for his re-election campaign. Could New Jersey flip red once again? New Jersey voted Democrat in Trump’s 2016 …
A scandal rocks the Spanish Supreme Court as 10 out of 16 magistrates from its Criminal Chamber are caught with accounts in tax havens, marking a grave breach of judicial integrity and democracy’s trust. The amnesty offered does not shield anyone, including Marchena, from accountability, signaling a deep-seated corruption crisis within Spain’s judiciary. 10 magistrates …
by Michael The war in Ukraine has just moved to an entirely new level, but most Americans do not even realize that we are closer to “nuclear Armageddon” than ever. Very early on the morning of May 10th, Russian forces began to pour across Ukraine’s border north of Kharkiv. In the short-term this will enable …
Anew carbon capture facility that claims to be the biggest of its kind in the world began quite literally sucking the carbon from the atmosphere this week. The plant, called “Mammoth” by Swiss company Climeworks, kicked off operations in Iceland on Wednesday, CNN reports, grabbing the available carbon from the air and injecting it deep …
According to Bloomberg data, 10 out of 11 major central banks are expected to slash rates in the second half of this year, the most in 16 years. The list of the 11 countries includes the United States, India, New Zealand, the United Kingdom, Canada, Australia, Norway, the Eurozone, Sweden, Switzerland, and Japan. As shown …
Creating superintelligence requires a few simple ingredients: a near-infinite trove of data, an army of tech experts, billions of dollars worth of advanced microchips – and a gigantic amount of electricity. As Silicon Valley spends enormous sums in a race to build artificial intelligence, tech giants are hitting a bottleneck. Without an abundant supply of energy, …
The world’s largest floating solar power plant, situated at Omkareshwar Dam in Madhya Pradesh, India, suffered destruction from a storm just days prior to its anticipated inauguration, leading to widespread disappointment and questioning of foresight. The world’s largest floating solar power plant—located at Omkareshwar Dam in Madhya Pradesh, India—was destroyed by a storm in early …
ORLANDO, Fla. – The largest meth bust in Orlando history has resulted in the seizure of 150 pounds of meth, thousands of pressed pills, cocaine, guns, and $700,000, the Middle District of Florida State Attorney’s Office announced in a Friday press conference. Officers seized 150 pounds of meth, multiple kilograms of cocaine and other drugs, …
Major fire on largest landfill in India, and possibly the largest landfill on earth, completely engulfed in flames videohttps://t.co/N3sfKWJGv5 — Israel-Iran-war-news (@Israel_Iran_war) April 22, 2024
The largest bubble stock in history just popped $NVDA. Eli Lilly isn't far behind $LLY https://t.co/UOM66r82SV pic.twitter.com/vOQ4s79qrz — Financelot (@FinanceLancelot) April 9, 2024 Nvidia, $NVDA, is down nearly 4% today. pic.twitter.com/xY20VrKpd7 — unusual_whales (@unusual_whales) April 9, 2024 Nortel & Cisco's collapse in the 2000 Dot-com bubble. Nortel used "vendor financing" where they loaned $ to …
NEW – Largest US fresh egg producer halts production at Texas plant after bird flu found in chickens; about 1.6 million laying hens and 337,000 pullets were culled — NBCDFW — Disclose.tv (@disclosetv) April 2, 2024 The largest producer of fresh eggs in the U.S. said Tuesday it had temporarily halted production at a Texas …
Recent market movements have set off alarm bells across the financial landscape, prompting investors to scrutinize the underlying causes behind the sudden upheaval. One notable indicator of trouble brewing is the surge in the USD/CHN pair, surpassing the critical 7.25 mark, while the Chinese yuan faces significant downward pressure. This abrupt shift in currency dynamics …
A billionaire CEO whose family made its fortune from coal mining is building the world’s largest renewable energy plant that will be visible from space when complete, according to a report. Sagar Adani of Adani Green Energy Limited (AGEL) plans to transform 200 square miles of empty and barren salt deserts in India into a …
The largest #NATO base in #Europe is being built in #Romania. The $2.5 billion facility is located in the middle of a mountain plateau and will become the center for the command and control of NATO forces in southeastern Europe . It is all about #BlackSea pic.twitter.com/1tTNYVTTvX — Arthur Morgan (@ArthurM40330824) March 18, 2024
This is absolutely reprehensible! Attacking a hospital, a place of healing and refuge, is an appalling act of brutality. Israeli tanks have just entered the Al-Shifa Hospital… it’s the largest hospital in the Gaza Strip… another massacre is about to take place…🇵🇸💔 pic.twitter.com/Eg2q1yRcTm — Pelham (@Resist_05) March 18, 2024 BREAKING: Israeli military tells Gazans to …
JUST IN: #Bitcoin surpasses silver to become the 8th largest asset in the world. — Watcher.Guru (@WatcherGuru) March 11, 2024 Hedge Fund equity long exposure is at 5-year highs according to Goldman Sachs 👀 pic.twitter.com/4DG9YVzjMq — Barchart (@Barchart) March 11, 2024
Nikkei suffers biggest one day decline since early October and is now back below its 1989 high. Did Japan just suffer a 35-year double top? pic.twitter.com/DoCn6OqS8P — Barchart (@Barchart) March 11, 2024
THEY WENT WOKE AND YOU KNOW THE REST: Victoria’s Secret Falls Most Ever in Faltering Turnaround. Underscoring the retailer’s struggle to gain relevance with customers, the company said Wednesday it expects net sales of $6 billion this year, weaker than last year. Thursday’s share decline is Victoria’s Secret’s largest since its July 2021 initial public offering, …
BREAKING: Gangs in Haiti have teamed up and after freeing over 4000 prisoners, they have vowed to arrest senior police commanders and their Prime Minister Ariel Henry as soon as he lands in Haiti. pic.twitter.com/udPkDx6Wv6 — The General (@GeneralMCNews) March 4, 2024 Haiti’s problems just went from bad to worse, as the UN and embattled …
🇨🇳China Stocks See Largest Weekly Outflow Since October, Says BofA Chinese stock funds saw the largest weekly outflow since October, as the government seeks to stem a decline in the stock market, according to Bank of America Corp. strategists. About $1.6 billion was pulled… pic.twitter.com/uTbqAbcoaS — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 1, 2024 Chinese …
Russia today has the largest and most diverse arsenal of nuclear weapons of any country in the world – head of the US Strategic Command Anthony Cotton ‼️"Russia today has the largest and most diverse arsenal of nuclear weapons of any country in the world." – head of the US Strategic Command, Anthony Cotton. pic.twitter.com/SceIu8akP1 …
This is exactly why businesses in NY are running for the border to get out of that state ASAP. The corrupt AG has to go after other businesses in the same way she went after Trump now to try to make it appear like it wasn’t political hit job even though everyone know it’s was. …
In his CPAC address, former President Trump repeated his pledge to enact a massive deportation effort should he win in 2024.
With inflation nearing 30% and its currency hitting an all-time low, Nigeria is facing one of its worst economic crises in years. The latest data from the National Bureau of Statistics on Thursday showed that the headline consumer price index (CPI) rose to 29.9% year-on-year in January, its highest level since 1996. The surging cost …
Aimed to prepare for a potential war with Russia, NATO’s Steadfast Defender exercises have become the alliance’s largest military drills since the Cold War, NATO’s Military Committee Chair, Admiral Rob Bauer, told the Financial Times. The experience gained during the Steadfast Defender exercises is expected to form the basis for NATO’s plans to deploy and …
. @RepOgles introduces the “Send Them Back Act of 2024” – the biggest deportation of illegal aliens in American history ever contemplated! .@RepOgles introduces the “Send Them Back Act of 2024” – the biggest deportation of illegal aliens in American history ever contemplated! 👇 pic.twitter.com/9Wqh6TlQHJ — Former Congressman Matt Gaetz (@FmrRepMattGaetz) February 6, 2024
The US is now history’s largest oil producer, according to S&P Global Commodities Insight. Crude and condensate production hit a new global record this quarter. “When you look back on 2008 — when US production was at a 62-year low, and exports were zero — it is a remarkable turnaround.” The US is now history’s …
The largest refinery in the US Midwest has been shut down after a power outage hit the facility Thursday afternoon. BP’s Whiting refinery, located in Whiting, Indiana, is the Midwest’s largest refinery and largest globally for the British multinational oil and gas company. It can process 440,000 barrels of crude oil daily. Commodity analyst Giovanni …
The main Democratic super PAC supporting President Biden’s re-election bid, Future Forward, is beginning this week to reserve $250 million in advertising across the most important battleground states, a blitz that it says is the largest single purchase of political advertising by a super PAC in the nation’s history. The ads, which are to be …