Independent thinking for complex markets and current events
Paramount Global — the parent company off CBS, Paramount Pictures, Showtime, and numerous other media properties — is reportedly set to lay off “hundreds” of employees across nearly all of its divisions. The impending cuts represent the latest Hollywood bloodbath following layoffs at other corporations, including Disney, NBCUniversal, Amazon MGM Studios, and Universal Music Group. …
From Peter Reagan at Birch Gold Group After 3 years of relentless (sometimes historic) inflation, it’s about time some good news made its way through the economic carnage. Some categories of goods have finally moved into deflationary pricing. That is, a handful of items are starting actually decline in price. Better late than never, even though all consumer price inflation isn’t deflationary just yet. Finally, a few …
Fed reports its largest loss in history: $114 billion in a single year. That would be the third largest bankruptcy in American history. And there's still another trillion plus in "unrealized" losses. Who'll pay for it? You. And your children. pic.twitter.com/xKfKWDcG4K — Peter St Onge, Ph.D. (@profstonge) January 16, 2024 U.S. Banks are facing unrealized …
by Chris Black This sort of thing is going to get worse and with increasing frequency. >More than 170 Boeing airplanes have been grounded after a refrigerator-sized hole opened up in the side of a passenger plane mid-flight. >The Federal Aviation Administration said it would order the temporary grounding of certain Boeing 737 Max 9 …
Now, they just lead Biden off the stage by the hand. pic.twitter.com/F59w3elUIm — Russian Market (@runews) January 6, 2024 Cognitive Decline: Biden appeared very confused as he left DC for a short vacation to one of his DE estates. He just returned from two weeks of vacation and a 32-minute speech.pic.twitter.com/8dNZeaijyc — @amuse (@amuse) January …
As the United States strives to regain a sense of normalcy after the pandemic, a growing financial concern is looming over the nation. According to Bloomberg, the cost of living has surged in various aspects, with groceries marking a 25% increase, used cars seeing a staggering 35% climb, and rents escalating by approximately 20%. While …
by mark000 UK Q2 initially reported as 0.2% now 0.0% Q3 initially reported as 0.0% now -0.1% NZ 22Q4: -0.6% 23Q1: was 0.0% now -0.2% 23Q2: was 0.9% now 0.5% 23Q3: just released, forecast was +0.3% instead -0.3% The global economy is faring worse than expected in 2023. via CNN: The United Kingdom’s economy shrank …
Wouldn’t first the state have to prove that gender exists, and then define it? via washingtonexaminer: Parts of California are so downtrodden that people need to consult “ poop maps ” to avoid human feces while walking outside, homelessness is rampant in major cities, and the cost of living is out of control. But California’s state government thinks now …
#GodzillaMinusOne Is One Of 2023’s Greatest Films” – Forbes. NOW PLAYING in theaters nationwide! https://t.co/6GKIrI5fj9 pic.twitter.com/Y0j3ZaEnjG — GODZILLA.OFFICIAL (@Godzilla_Toho) December 1, 2023 Godzilla Minus One: They’re SALTY That YouTubers LIKED It?! On this Monday morning, I saw the first available screening of Godzilla Minus One! It’s AMAZING! Get your ass to a theater to see …
Dr Michele Paulatto, from Imperial College in London, told Sky News seismic activity is continuing on the Icelandic peninsula, causing almost ‘continuous’ earthquakes. He said: “The seismic activity is continuing, so there’s continuous earthquakes – they’re not very large at the moment, but they mean that the magma is still moving and that the system …
The latest electoral projections from The New York Times and CBS paint a striking picture, indicating that if the election were held today, former President Trump would likely secure over 300 electoral votes. This is a significant shift from the 2020 election results, showcasing an 8-point swing in favor of Trump. The driving force behind …
Bolton almost got Trump to bite on attacking Iran in 2019. Wray is just the latest uniparty warmongering grifter. — John Tuld (@BradHuston) November 1, 2023
WASHINGTON — In a closed-door meeting Thursday, Rep. Patrick McHenry, R-N.C., told GOP colleagues he might resign as speaker pro tempore if Republicans push him to try to move legislation on the floor without an explicit vote to expand his powers, according to multiple lawmakers in the room. “If you guys try to do that, …
by Chris Black If all the climate activists just held their breath for 4 hours, it would end climate change. This stuff will keep Babylon Bee in business for years! The Guardian: If all the world’s dogs went vegan it would save more greenhouse gas emissions than those produced by the UK, according to research …
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The U.S. government has rapidly amassed a trillion dollars in debt in three months, a significant departure from the almost 200 years it took to reach the initial trillion. It took the U.S. federal government almost 200 years to rack up $1 Trillion in debt. The latest trillion to be added took a mere 3 …
by Chris Black Where will people run to in 2100, when whites will be a minority in all of the US-controlled European nations? More and more Americans are drawn to Europe’s universal health care, efficient public transportation, lower crime and lower income inequality https://t.co/K8ebA4mXJ0 — The Economist (@TheEconomist) September 2, 2023
Is the US in recession already like Germany? Latest jobs numbers weren't encouraging at all (even before revisions). In fact, that weakness is starting to look like other significant data suggesting more than possible contraction. HAPPY LABOR DAY? pic.twitter.com/ijCik2ZYb2 — Jeffrey P. Snider (@JeffSnider_EDU) September 4, 2023 Staggering figures reveal 1.2MILLION US-born workers lost their …
🚨SHOCK POLL: Rob DeSanctimonious plummets to FOURTH PLACE in New Hampshire as Listless Vessels tell him to shove it!🚨 https://t.co/srTNRkyQt6 pic.twitter.com/MtNKQTQicd — Jason Miller (@JasonMiller) August 21, 2023 AC
For The Latest Trump Indictment To Succeed, The 1st Amendment Would Have To Be Completely Destroyed! Watch the whole show here: https://t.co/SpPT4aN3m9 pic.twitter.com/REZXmCJYfG — Ron Paul (@RonPaul) August 7, 2023
PayPal Holdings Inc. is rolling out a stablecoin, the first by a large financial company and a potentially significant boost to the sluggish adoption of digital tokens for payments. PayPal USD (PYUSD) is issued by Paxos Trust Co. and fully backed by US dollar deposits, short-term Treasuries and similar cash equivalents, the San Jose, California-based …
Noted attorney Alan Dershowitz responded to Jack Smith’s latest federal indictment against President Trump. On Tuesday Trump was hit with 4 counts in Jack Smith’s January 6 case: Conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of and attempt to obstruct an official proceeding, and conspiracy against rights. Trump was …
Billionaires and corporate execs have dumped $9 billion worth of stock this year amid the market’s latest rally So looks like we are back here again. Repeat of end of 2021. When CEOs dump massively, we should be asking why. There’s a lot of negativity in thr economy, from debt, to interest rates, production, manufacturing …
Paper towel brand Bounty is the latest brand to face calls for a boycott after announcing their new “inclusive artists project.” Bounty is facing the ire of many social media users after its “decision to exclude white artists” from a new art campaign. Newsweek contacted Bounty representatives and they replied that over the years, the …
Interest costs are a quarter of the deficit, leading to unsustainable debt. Latest US Treasury data show we're on unsustainable path: interest on the debt was a whopping $61 billion in May, more than was spent on veterans benefits and services, education, and transportation COMBINED; interest costs were a quarter of the deficit last month: …
by confoundedinterest17 The Fed will annouce a pause at today’s FOMC meeting, so don’t look for mortgage rates to do much today. Mortgage applications increased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 9, 2023. The Market Composite Index, …
