A hub for independent voices and hard truths
The luxury icon reported EPS of €2.33, falling short of the €2.37 analyst target despite revenue hitting €1.85 billion… Maranello is fighting a “negative foreign exchange” hit from the Dollar and Yen, operating margins held at 29.7% as the ultra-rich …
FOMC kicks off 2 day meeting; rates widely expected to hold at 3.50% to 3.75%… Market pricing for 2026 rate cuts collapses to zero amid energy driven inflation… Trump successor pick Kevin Warsh ready for May 15 takeover as Powell’s …
by Michael Most people out there still seem to believe that the war in the Middle East will rapidly come to a conclusion and economic conditions will return to normal soon. Meanwhile, the price of physical oil is going absolutely …
Something uncomfortable is beginning to show up in several major headlines at the same time. A potential long war abroad. Growing signs of dysfunction at home. And security agencies quietly warning about threats inside the country. Each story alone might …
by Michael We are about to witness a very rare sight in the heavens. A “planetary parade” involving at least 6 planets is quite rare. In fact, normally there are at least a couple of decades between such events. But …
Nearly everyone east of the Rockies is about to feel this storm. State of emergency declared in multiple states as blizzard threatens to blanket 30 states and 70 million people brace for the coldest storm EVER https://t.co/relYyTx83I — Daily Mail …
People keep calling bonds “safe,” but that’s a straight-up lie. Long bonds in 2021 looked boring and secure, but inflation turned them into a nightmare. “Bonds are a safe-haven asset” is one of the biggest lies in financial markets. Bond …
🚨 BREAKING US GOVERNMENT SHUTDOWN MAY START ON JANUARY 31. SENATORS LEFT FOR CHRISTMAS WITHOUT AGREEING ON THE BUDGET OR EVEN THE VOTING PROCEDURE. NO DEAL – NO FUNDING. A SHUTDOWN WOULD BE REALLY BAD FOR WEAK MARKETS… pic.twitter.com/rHZGV353wL — …
$12 TRILLION CRISIS | Leveraged Loan Defaults EXPLODE 0:00 – Intro 01:19 – Sourced Data 1:50 – #1 Private Credit New Sub-Prime 3:06 – #2 Large Banks Exposed 5:30 – GFC Made Things Worse 9:30 – Bancorp Bad Debt 11:49 …
South Korea this week will host leaders from major Pacific Rim economies, including the United States, China and Japan, for an annual summit that has long championed free trade. (AP video shot by: Yong Ho Kim)
🚨 BREAKING: Chuck Schumer and Hakeem Jeffries plan to meet with President Trump at the WHITE HOUSE this Monday, right before the October 1st government shutdown, per Punchbowl. Are they about to CAVE? Conditioning the government on transgender surgeries for …
This isn’t a question of ‘paper hands.’ The O/N RRP is now fully drained – something we haven’t seen since it surged in 2021. Thus, unless the Fed abruptly abandons QT & reverts to QE, US liquidity is going to …
$BTC Bitcoin annual returns since 2014. Seems like every 4 years we get a big bear market. So 2026 next anyone? 🤔 pic.twitter.com/QcNQR2yKmv — Heisenberg (@Mr_Derivatives) July 13, 2025 I see others are noticing the parabolic resistance. https://t.co/Ps5woFMliy — Financelot …
Saylors’ average is slowly increasing toward the mid-70s. This is going to be one of the biggest losses in history. Pin this post. https://t.co/sj89nMycaY — The Great Martis (@great_martis) July 1, 2025 JUST IN: 🇺🇸 Connecticut officially bans the state …
The strike was supposed to end it. Tehran’s uranium enrichment network, hit from the air and inside its bunkers, was labeled “completely obliterated” by Donald Trump. The claim came fast. So did the pushback. Recent leaks from the Pentagon suggest …
Key Events This Week: 1. Markets React to US Strikes on Iran – Monday 2. May Existing Home Sales data – Tuesday 3. June CB Consumer Confidence data – Tuesday 4. Fed Chair Powell Speaks – Tuesday & Wednesday 5. …
Nations aren’t just buying gold—they’re demanding it back. As war tensions rise and global trust in the U.S. cracks, central banks are racing to secure their gold at home. Taylor Kenney breaks down the accelerating shift away from the dollar …
Remarkable chart. Spending on computer equipment just made its largest contribution to GDP on record in the most recent quarter. Unlike the steady buildup we saw in the 1990s, this time we’re seeing a sharp, sudden surge. I don't think …
$HKD went from $12 to $2,555.$RGC went from $3 to $950. The crash is inevitable. Only a matter of time. pic.twitter.com/T9P3Q6B3h7 — Heisenberg (@Mr_Derivatives) May 30, 2025
Japan is at the heart of the global rise in long-term yields. To be honest, I'm surprised the rise has been allowed to be as rapid as it has. At 240% debt to GDP, Japan really can't allow long-term yields …
From a macro perspective the tariff policy outcome is far more important than the nuances of the big beautiful bill. Even with the China "deal" a couple weeks ago rates are still quite elevated, with the question ahead of whether …
Bank of America’s sitting on $700B in bonds bought at 1% yields in 2020. Those bonds are down ~40%, hiding $100B in losses. Meanwhile, the Treasury needs to refinance $9T and issue $2.5T in new debt this year. Foreign buyers …
S&P 500 earnings are expected to grow 11% this quarter and another 26% next year. We better hope there’s no recession, because if there is, a sharp downgrade in earnings estimates could be a real drag on the market, in my …
OOPS! Investors haven’t been this bearish in 30yrs, BofA poll shows. 82% of fund managers expect the global economy to weaken, and a record number intend to reduce exposure to US equities. BUT “peak fear” is not yet reflected in …
The economy is facing a storm of contradictions, and it’s beginning to show its cracks. As tariffs weigh heavily, the fear of inflation is creeping back into the market, even as the dollar is in freefall. The result? A liquidity …
US Treasury Secretary Scott Bessent: Trump has maximum negotiating leverage right here, right now. I think it would be a mistake to think otherwise. Many of our trading partners have not escalated, and they will get priority in the queue. …
BREAKING: The S&P 500 collapses as President Trump says he will impose an ADDITIONAL 50% tariff on China on April 9th if China does not withdraw their 34% tariff on the US by April 8th. Including Trump's "reciprocal tariff" of …
Far-left Maryland lawmakers, sitting high in their Annapolis castle, are completely detached from reality. They masquerade as public servants but are merely progressive activists who cannot govern properly. Instead of addressing the state’s incoming financial crisis and worsening power crisis, …
Core inflation is back on the rise, and this is a trend we can’t ignore. With economic growth forecasts slipping, this kind of data paints a bleak picture for what’s to come. This isn’t a simple uptick; it’s a warning …
Vlogger Tiffany Cianci recently went viral with a video explaining how private equity firms have recently bought up and destroyed well-known brands like Hooters, Jo-Ann Fabrics, Party City and Forever 21, driving these often beloved franchises into bankruptcy. Even worse, …