Independent thinking for complex markets and current events
Hey there, folks! Just when you thought the world couldn’t get any more interesting, the elites are swooping into Davos in their swanky $50 million private jets and helicopters. Why? Well, brace yourselves – they’re here to give us all a friendly lecture on how we should be munching on bugs, biking to work, and …
A trader recently dropped a cool $16.7 million on about 250,000 call contracts tied to the VIX Index, betting on increased stock market volatility. This isn’t your average move – the strike price is 17, expiring on Feb. 14. With the VIX not breaking 17 since November, it’s got everyone buzzing. Seems our trader senses …
In a move that has left employees fuming, 3M, the conglomerate renowned for manufacturing Post-its, command strips, and tape, has frozen its pension program for non-unionized workers. To add salt to the wound, the company announced a shift to a 401(k) retirement plan in 2028 for these employees. This decision, seen as a pathway to …
NYC’s officials just approved a bill to ban background checks for apartment rentals. Is this a good idea?
Another powerful storm system lashed the Northeast, with coastal flooding and damaging winds that produced nearly a million power outages in New England through the mid-Atlantic states. At least 147,910 customers are without power as of 5 a.m. on Sunday, according to PowerOutage.US. The system struck Pennsylvania and New Jersey, leaving at least 115,000 and …
Insane https://t.co/QNSDIRtcZ7 — Elon Musk (@elonmusk) January 7, 2024 Insane, but true.We have a regime hell bent on flooding our county with illegals.Funny thing…it's seems the EU has the same issue at the same time? pic.twitter.com/9jRs3xllJD — floridanow1 (@floridanow1) January 7, 2024 Biden told us this would happen in 2015. pic.twitter.com/JtZpGaIxV7 — Carry (@boatgirl3) January …
by ChampionshipUsed9855 Zuckerberg selling 428$million in Meta stocks Mark Zuckerberg sold nearly half a billion dollars of Meta Platforms Inc. shares in the final two months of 2023 after a two-year hiatus in which the company’s stock price hit its lowest in seven years. The Meta chief executive sold shares on every trading day between …
by confoundedinterest17 Well, kiss that anticipated March rate cut goodbye. According to the BLS, total nonfarm payroll employment increased by 216,000 in December. But to quote Cousin Eddie from Christmas Vacation, “Now hold on to your wad.” While the headline screamed remarkable, please note that the civilian labor force actually declined. As did the Employment-population ratio (to …
In NYC, there are 340,000 Millionaires, but in New York State, almost 3 million people live in poverty, whats causing this? Is it the high rents, high cost of living or something else…
Matt Drudge, the reclusive conservative journalist who made his fortune through link aggregation and effective use of caps lock, has listed his Miami home for $2.9 million. The listing itself is written in Drudge-ism: “THE MINUTE YOU ENTER YOUR BODY AND MIND ADJUST TO BECOME PART OF NATURE, ONE WITH THE LAND.” https://www.curbed.com/2023/10/matt-drudge-selling-miami-home.html https://www.redfin.com/FL/Miami/22651-SW-157th-Ave-33170/home/43225928#property-history
CONFIRMED- Israel Planning To Dislocate ALL Of The 2.3 Million Palestinians From The Gaza Strip Advertisements are now appearing in Israeli publications touting “Gaza 2030” showing the entire Gaza Strip as a luxury beach front Resort . . . and no Palestinians. One such ad, shown above, shows what is said to be the actual …
via WSJ: There are many ways to be a mother. Lynn Wesley has pursued about all of them. Wesley, a high-school algebra teacher in Dalton, Mass., has taken in more than 70 children for foster care over the years, some for just a night or two. Social workers sometimes woke her up, asking if they …
by confoundedinterest17 C’mon Joe. The media has always reported bad news. Warm and fuzzy doesn’t anger people, but bad news does! And under Bidenomics, there has been a lot of bad news. President Biden railed against corporate media before he and several family members headed by helicopter to Camp David, the presidential retreat in the …
They forgot to include 10% for the big guy that’s why they didn’t get away with it via Yahoo: “Ukraine’s SBU security service and Defense Ministry have exposed an official involved in the embezzlement of UAH 1.5 billion ($40 million) earmarked for the procurement of artillery shells for the Ukrainian military, the ministry said on …
by stockocean DocuSign’s CEO Allan Thygesen just sold ~42% of his shares yesterday (Dec 19) for $5.7 million. This is especially interesting given the The Wall Street Journal reported last Friday (Dec 15) that Docusign is exploring a sale… The sale was effected pursuant to a Rule 10b5-1 plan (pre-planned sale) so may have triggered despite (not because of) …
Same state, same gas station. Not the 1st time. No coincidence. @macrodosingpodcast We should actually look into the California Lottery ♬ original sound – Macrodosing AC
The U.S. government’s terrorist watchlist has nearly doubled in size in just six years, a CBS Reports investigation has found. An extensive review of court records, government documents and interviews with more than a dozen current and former intelligence community leaders revealed that the consolidated database of individuals has not only been quietly expanding in …
by TonyLiberty Costco $COST sold more than $100 Million in Gold bars last quarter. The Gold bars were listed for $2,069.99 an ounce. Members seemed happy, with a 4.9 star rating and 800 reviews on Costco’s website. Read more here: https://www.cnbc.com/2023/12/15/costco-sold-more-than-100-million-in-gold-bars-last-quarter.html
JUST IN – Rudy Giuliani ordered to pay $148 million to Georgia election workers in defamation trial. — Disclose.tv (@disclosetv) December 15, 2023 Former New York City Mayor Rudy Giuliani is on trial in Washington, D.C., this week for defaming Georgia election workers Ruby Freeman and Wandrea “Shaye” Moss in the aftermath of the 2020 …
Nobody working on this project is allowed to talk about what they’re building. Almost anyone who passes compound security—from carpenters to electricians to painters to security guards—is bound by a strict nondisclosure agreement …… the planning and construction of the roughly 1,400-acre compound has been shrouded in secrecy. The property, known as Koolau Ranch, will, …
President Biden’s push to increase the federal minimum wage to $15 an hour would cost more than 1.5 million jobs and drive up the cost of goods and services, the US Congressional Budget Office projected Monday. The nonpartisan federal agency also found that the “Raise the Wage Act” would see the federal deficit balloon to a …
A former regional CEO of Goodwill is facing charges of stealing huge sums of money from the nonprofit. Richard Alan Abrusci, 45, was arrested and charged with nine counts of wire fraud, one count of aggravated identity theft and three counts of monetary transactions with proceeds of specified unlawful activity, according to a news release …
Chinese borrowers default in record numbers as economic crisis deepensMore than 8mn people are blacklisted by authorities after missed payments on mortgages and business loans. Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus… pic.twitter.com/SOXOR3tX01 — floridanow1 (@floridanow1) December 13, 2023 China's Real Estate Market suffered an 81% …
In a recent turn of events, Brendan Carr, a US FCC Commissioner, has levied serious accusations against the White House and other government agencies, alleging the targeted harassment of Elon Musk and his companies. Carr’s dissenting statement, released today after the FCC’s decision to deny Starlink an $886 million subsidy, sheds light on what he …
IREDELL COUNTY, N.C. – Authorities in North Carolina said a traffic stop yielded so much fentanyl it was enough to kill nearly 27 million people, more than twice the state’s population. The Iredell County Sheriff’s Office said its Interstate Criminal Enforcement Team (ICE) conducted a traffic stop Sunday when they pulled over a 2014 Freightliner tractor-trailer on …
by Brickhouse D We pay payroll taxes, I’m currently at 24%. Then we pay taxes on everything that we purchase with the money that we paid taxes on before we even got it deposited in our bank accounts. We also pay State income taxes. I own my home and my property taxes are almost $17,000 …
Houston – Houston public works and the city’s office of inspector general now -“turning over every rock” in pursuit of the so-called “bad actors” involved with handing out more than $8 million worth of water repair contracts to family members with pop-up businesses. Make no mistake, it is blatant corruption – neither the O-I-G nor …
by stockocean Chris Rondeau was CEO of planet fitness for the last 10 years and had worked there for 30 years. He was surprisingly ousted in September for unknown reasons. The stock cratered 25% on the news from $60 to $45. However, the stock has recovered over the last few months to $68 currently. Today, …
by Chris Black If anyone actually cared about these Africans, the last thing they’d do is bring them over to the most expensive and overcrowded cities on earth, where every single item and service costs more than almost anywhere else, and instead try to help them where they are, or as close as possible to …
by Michael For a long time, it has been clear that the middle class is being systematically destroyed. The cost of living has been rising faster than paychecks have for years, and this has pushed millions of Americans into poverty. As for those that were already impoverished, many of them have been pushed out into …