Independent thinking for complex markets and current events
1/ The Pacific Ocean floor is literally covered in mineral "nodules" worth AT LEAST $10 TRILLION. These potato-sized chunks are packed with nickel, cobalt, and copper. And Trump wants America to get there FIRST. pic.twitter.com/1rLa3VqY09 — Rod D. Martin (@RodDMartin) April 28, 2025 3/ The target: Clarion-Clipperton Zone near Hawaii. 34 BILLION tons of minerals …
We've just filed a lawsuit for the Epstein files! @JudicialWatch is trying to uncover what records exist, which remain secret, and why. The truth shouldn't stay buried. pic.twitter.com/AXXMUkHp81 — Tom Fitton (@TomFitton) April 25, 2025
Retail is going all in. pic.twitter.com/Gj452YIQke — THE SHORT BEAR (@TheShortBear) April 24, 2025 A lot of resistance in this region, from technicals to gamma, even hy spreads pic.twitter.com/clVN38XA3u — Michael J. Kramer (@MichaelMOTTCM) April 24, 2025 Bottom calls everywhere again. Still below 200 EMA with gaps unfilled. With brevity. It's a mess. Many perma-bull …
#BREAKING – IT’S OFFICIAL: Trump administration moves to BAN essentially ALL artificial food dyes in the USA food supply at RFK Jr.’s direction. Eliminate 6 dyes: Red 40, Yellow 5, Yellow 6, Blue 1, Blue 2, Green 3, by the end of 2026. FDA Commissioner Makary says: “This administration is NOT interested in doing the …
🇨🇳 CHINA’S NEW TRADE POLICY: FAFO Beijing’s throwing shade and warnings to its trading partners: cut deals with the U.S that sideline China and get ready for “resolute and reciprocal” payback. Trump’s reportedly offering tariff perks to countries that play ball with the U.S and… https://t.co/e64wUgVBEM pic.twitter.com/26m7IWj9jR — Mario Nawfal (@MarioNawfal) April 21, 2025 🇨🇳XI’S …
Trump is already winning his trade war with China. “Behind the global economic chaos provoked by president Trump’s tariff tsunami, there are growing indications of a strategic purpose. It is now conceivable that plunging into, and then retreating from, a generalised trade war was actually a deliberate means to a truly geostrategic end: to thwart …
IBM Layoffs 2025: The tech world was shaken this week as IBM announced plans to lay off approximately 9,000 employees across its US operations while simultaneously listing thousands of new positions in India. This strategic shift represents one of the largest workforce restructurings in IBM’s 112-year history and signals a dramatic change in how global …
The Supreme Court on Friday afternoon put on hold an order by a federal judge in Massachusetts that would have required the Department of Education to reinstate more than $65 million in grants that it terminated in February because they funded programs that included diversity, equity, and inclusion initiatives. In an unsigned three-page opinion, a …
Many countries impose tariffs on U.S. cars, including pickup trucks, with rates varying significantly. For example, India has a tariff of 100% on imported cars, while countries like China have imposed tariffs as high as 40% on U.S. vehicles during trade disputes. Some nations, particularly those with protectionist policies, have tariffs exceeding 200% to safeguard …
GAO rejects protest over omission of pricing info in Tech7 Consulting’s bid… Tech7 Consulting LLC’s discussions protest rejected by GAO Agency solicitation allowed but didn’t require discussions The US Space Force can move ahead with the 12 contracts it awarded under a $2.5 billion procurement for services to develop, advance, and sustain weapon systems, the …
Judge James Boasberg’s ruling to block President Trump’s efforts to deport dangerous foreign criminals is not just a legal decision—it’s a slap in the face to every American citizen. Rep. Brandon Gill’s plan to impeach this Obama-appointed judge couldn’t come soon enough. Boasberg’s interference with Trump’s use of the Alien Enemies Act, aimed at removing …
The FBI is moving to criminalize groups like Habitat for Humanity for receiving grants from the Environmental Protection Agency under the Biden administration. Citibank revealed in a court filing Wednesday that it was told to freeze the groups’ bank accounts at the FBI’s request. The reason? The FBI alleges that the groups are involved in …
As Gavin Newsom prepared to launch his new podcast, the governor reached out to Kimberly Guilfoyle, his ex-wife and President Trump’s pick to be ambassador to Greece, asking to be connected with two conservatives reviled by Democrats: Charlie Kirk, a 31-year-old conservative activist, and Steve Bannon, 71, a longtime Trump adviser. Last week, with Kirk …
Speaker Johnson made the right call by removing Congressman Turner from the Intelligence Committee. Turner's vote against censuring Adam Schiff showed he's not aligned with our values. Schiff's misleading claims about Russian collusion needed to be addressed. — Jammles (@jammles9) January 15, 2025
South Korea’s Defense Intelligence Agency says it has detected the movement of at least 250 North Korean transporter-launcher (TEL) vehicles into the Korean Demilitarized Zone TELs are capable of launching North Korean short- and medium-range ballistic missiles. South Korea's Defense Intelligence Agency says it has detected the movement of at least 250 North Korean transporter-launcher …
IDF deploys in Golan buffer zone with Syria, girding for post-Assad regime chaos Israel takes up posts in area for the first time since 1974; IDF said to strike chemical weapons sites in Damascus, Hezbollah convoy fleeing to Lebanon More: https://www.timesofisrael.com/idf-deploys-in-golan-buffer-zone-with-syria-girding-for-post-assad-regime-chaos/ https://twitter.com/_/status/1865771631056196085 BREAKING israel is now bombing central Damascus! Armed groups steal and loot furniture …
This market is close to breaking point. There is now so much leverage that futures-implied equity financing costs are at the same spread to SOFR as during the height of the GFC. And Japan is about to suck a couple hundred billion of levered balance sheet out of US money markets. And this is not …
The Cook Political Report on Monday shifted the Pennsylvania Senate race into the “toss-up” category and moved the Nebraska Senate contest from likely to “lean Republican” with just 15 days until the November election. With Pennsylvania shifting to the right from “lean Democrat,” three of the “blue wall” states are now toss-ups. Sen. Bob Casey …
Gold used to be crushed by moves like this in the 10-year. Not anymore pic.twitter.com/DjHgkCJNb7 — Jan Nieuwenhuijs (@JanGold_) October 7, 2024 The bond market is reacting contrary to expectations following the Fed’s pivot, with yields increasing significantly despite the Fed’s rate cuts. This indicates a lack of demand for bonds, driven by concerns over …
BRUSSELS (AP) — As the war in Ukraine enters a critical period, the European Union has decided that it must take responsibility for what it sees as an existential threat to security in its own neighborhood and is preparing to tackle some of the financial burden, perhaps even without the United States. EU envoys have …
NYC has plans to replace a community garden with an affordable housing complex, with 40% of the units going to homeless individuals. Although most new yorkers want to help the homeless, there are always protests and lawsuits whenever the city tries to follow through on that desire… and this time, its happening in one of …
It’s a busy week for central banks worldwide, with a flurry of rate decisions expected. The Federal Reserve’s two-day meeting, starting Tuesday, is likely to steal the spotlight as markets anticipate a potential start to the Fed’s rate-cutting cycle. Traders are largely expecting a quarter-point reduction, though some are betting on a half-point cut. Brazil’s …
Why did the carry trade trap spring shut? Brandon Smith of alt-market.com explains why central banks typically coordinate their moves in secret – and what happens when they don’t… From Brandon Smith In 2022 there was considerable debate among alternative economists what the Federal Reserve was likely to do in the face of rising stagflation. There …
They always foreshadow their moves — One Bad Dude (@OneBadDude_) July 23, 2024
https://twitter.com/KosherCockney/status/1810338445870428422
IRS moves to end another major tax loophole and raise $50 billion in the process as they zero in on one group of Americans – here is who they are targeting The IRS has set its sights on what it says is $50 billion of missing tax revenue lost to wealthy people shifting their assets …
Gotta get chipped under your skin and retina scanned to keep getting your gubbermint free stuff. pic.twitter.com/50Mc77kyU9 — Wall Street Mav (@WallStreetMav) June 16, 2024 The U.S. Department of Commerce is advancing a plan to digitize the identities of Americans receiving public benefits, including government healthcare, Veterans’ benefits, Social Security, and low-income welfare programs. This …
Central bank demand has played a huge role in gold markets recently. Then last week, the news that PBoC officials didn’t buy gold in May sent shockwaves through global gold markets. What does it mean? From Peter Reagan for Birch Gold Group This week, Your News to Know rounds up the latest top stories involving precious …
A bill that would allow judges to order surgical castration of convicted sex offenders is closer to becoming law in Louisiana.