Independent thinking for complex markets and current events
This is the part that caught my attention. The Fed kept rates unchanged at 3.5% to 3.75%. That sounds boring. But the message behind it was not. The new dot plot showed a big change. The market was looking for future cuts, but now the Fed is sending a much more cautious signal. No rate …
Congress just made them a $6 billion giveaway for issuers. US Congress just legalized the largest wealth transfer in financial history. Nobody noticed. Section 11 of the GENIUS Act prohibits stablecoins from paying yield to holders. Tether holds $135 billion in Treasuries earning 4.5%. That’s $6 billion annually. Passed to you: $0. Tether keeps everything. …
The entire Sacramento school board resigned after an audit found $180 million in taxpayer money misused. The schools were supposed to teach adult refugees English but many students never existed. Officials created fake classrooms and padded attendance to get more funding. “The entire board just resigned after they audited them and they found $180 million …
by Michael Historic volcanic eruptions and enormous earthquakes are happening on an almost daily basis now, but they have become so common that most of them barely even make a blip in the news cycle. The natural disasters that do tend to make a lot of headlines are the ones that cause a lot of …
Not sure if anyone noticed but Japan is currently imploding and everyone is running to hard assets. — Magoo PhD (@HodlMagoo) May 21, 2025 Worse. Stagflation with a Debt to GDP ratio higher than Hunter Biden — Magoo PhD (@HodlMagoo) May 21, 2025 For the second day in a row, there have been no buyers …
We are seeing the full effects of the debt crisis paradox. And it only seems like a “paradox” from hte perspective of conventional wisdom on the matter. Government debt is indeed bad for the economy, but not AT ALL in the way most people are led to believe or assume. This creates another paradox, one …
Banking 🏦 Update ⬇️ Notice the breach ? Guess what happens next ? Who's excited ? https://t.co/U8GlfY7XIl pic.twitter.com/KV6Fr7bbo3 — The Great Martis (@great_martis) June 17, 2024 The spillover from Europe's political turmoil hit French bank stocks hard, biggest selloff in them since year's global bank crisis. Why? Blowout in bond spreads. pic.twitter.com/QSPaH8gW2t — Jeffrey P. …
"We have young Black kids growing up in the Bronx; they don't even know what the word computer is. They don't know. They don't know these things." ~ New York Governor Kathy Hochul Despicable! Disgusting! Disturbing! White liberal democrats are the enemy of Black people.… pic.twitter.com/mVjxElYjY6 — Vernon Jones (@VernonForGA) May 7, 2024 How liberals …
An imposter wearing a trash bag and a shower cap walked down the catwalk during Fashion Week, and no one seemed to notice until a security guard tackled him from behind. Brilliant. Pure Emperor’s New Clothes. https://t.co/8pu9cYJbRY — Peter Whittle (@prwhittle) September 13, 2023 h/t Miles2Go
Alot of people noticed. This greaseball even planned a scam lawsuit which was really created to prevent other shareholders from suing him and AMC for all the fraud he’s been caught committing with the board. Now there is a court case and the judge knows that Adam Aron is a double agent and has exposed …