Independent thinking for complex markets and current events
A freight train transporting fuel derailed on Wednesday near the Kochetovka-2 railway station in Russia’s Tambov region, triggering a major explosion and fire that engulfed multiple tank cars, regional authorities said. According to officials, 16 tank cars were involved in the blaze after the derailment near the city of Michurinsk. Tambov Governor Yevgeny Pervyshov said …
Chuck Schumer has always played the game of politics with a dangerous disregard for the consequences. But now, he’s gone too far. His admission on PBS that he’s “mobilizing radical activists” to target Republican lawmakers isn’t just reckless—it’s reckless and dangerous. Schumer is actively encouraging a mob mentality, where his so-called “activists” storm private events, …
DUDE We are super close to implosion. Two rosy "strong/resilient" months then complete free fall IMO. Same playbook every cycle. They declare recession is averted then MORE complacency occurs before the rug is pulled out beneath themThose $GME swaps👀💥https://t.co/mq52SLvnLB pic.twitter.com/W6Xo0tDEIE — 🏴☠️Fidel Cashflow🏴☠️🇺🇸 (@fullfieldflicks) December 19, 2024 YOU. CANNOT. MAKE. THIS UP. Yesterday was October …
Ernst Young is paid by the client to certify. 10 times out of 10 they will work with you to the last drop to get you signed off on an audit. You have to basically be committing murder in broad day light for your own consultants to not sign off. It is HEAVILY implied by …
A startling new meta-analysis reveals a troubling connection between childhood cat ownership and an increased risk of developing schizophrenia-related disorders. According to the analysis of 17 studies spanning 11 countries, individuals who grew up with a cat are 2.24 times more likely to face these serious mental health challenges. The research highlights that the risk …
Gold prices refuse to sustain below $2,400/ounce The market is prepping for its next leap higher. Only a general market liquidity-crash can slow the bull down pic.twitter.com/14NTpO2Hvl — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) August 8, 2024 Inflation-adjusted US government spending in less than 4 years now exceeds the combined spending of: – World …
by mark000 Going to be so bad: https://libertystreeteconomics.newyorkfed.org/2024/06/the-growing-risk-of-spillovers-and-spillbacks-in-the-bank-nbfi-nexus/ the system may be disproportionately exposed to financial and economic instability when aggregate tail risk materializes. bank-NBFI dependencies turn into vectors of shock transmission and amplification, forcing authorities to intervene and to do so en masse. the commonality of asset holdings between banks and NBFIs could turn …
The Congressional Budget Office (CBO) has recently updated its projections for the U.S. government’s budget deficit. Here are the key points: Fiscal Year 2024 Deficit: The projected deficit for fiscal year 2024 is $1.9 trillion. Adjusted to exclude certain payment timing effects, the deficit amounts to $2.0 trillion in 2024. Deficit Trend: The deficit is …
The fear of a US banking crisis has largely faded from market sentiment, but it seems there's a steady, low drumbeat of distress among some firms. The amount of money lent out under the Fed's emergency lending facility rose for a sixth straight week, remaining above $100 billion. pic.twitter.com/NPCTzVhbZI — Lisa Abramowicz (@lisaabramowicz1) June 15, …