Independent thinking for complex markets and current events
Two years ago Elon Musk was promising 50% growth for the foreseeable future. That was the all time high for the stock and the market. Now Jensen Huang Nvidia CEO is promising the same feat. Nothing changes, except the fools who speak and the fools who listen. Two years ago Elon Musk was promising 50% …
Elon Musk’s recent actions are seen as a challenge to existing power structures, revealing a deeper struggle for control beyond free speech. Musk’s move to empower individuals with information is met with resistance from those accustomed to maintaining control over various aspects of society. https://twitter.com/Travis_in_Flint/status/1726235860247409017 This past week, there were hundreds of bogus media stories …
Progressive insurance has been sued for ‘patently unlawful’ racism by offering $25,000 grants to help black-owned businesses buy vehicles — but barring white, Asian, Latino, and other entrepreneurs from applying. The lawsuit was filed by the conservative group America First Legal (AFL) and others on behalf of Nathan Roberts, the owner of Ohio-based Freedom Truck …
Markets are RED https://finviz.com/futures.ashx Money-market funds are offering the highest yields since **2007** The yield on 100 of the largest mm funds recently hovered at 5.13%, highest in 16 years –Crane Datahttps://t.co/5pmUpnhAae @WSJmarkets pic.twitter.com/eTNjZdcaod — Gunjan Banerji (@GunjanJS) August 8, 2023 https://twitter.com/leadlagreport/status/1688894857132085248 Speculators are more short treasuries now than they ever have in history… at …
via businessinsider: The Innovator Equity Defined Protection ETF, the first exchange traded fund aiming to provide 100% downside protection, launched on Tuesday. Innovator Capital Management said it will cap the upside return of the SPDR S&P 500 ETF Trust (SPY) at 16.62% prior to fees, while offering a 100% buffer prior to fees against SPY …
AAA will not renew the auto and home insurance policies for some customers in Florida, joining a growing list of insurers dialing back their presence in the Sunshine State amid a growing risk of natural disasters. “Unfortunately, Florida’s insurance market has become challenging in recent years,” the company said in a statement emailed to CBS …
‘You can apply for a refugee integration loan to pay for things like: a rent deposit or rent household items education and training for work You must be over 18 and one of the following: a refugee you have humanitarian protection a dependant of a refugee or someone with humanitarian protection Integration loans are interest-free – …
via independent.co.uk: “The company that operated the doomed submersible that imploded in the depths of the Atlantic Ocean is still advertising expeditions to the Titanic wreckage on its website. Reports emerged last week that OceanGate Expeditions closed its doors indefinitely after its CEO Stockton Rush, British billionaire Hamish Harding, French diving expert Paul-Henri Nargeolet and …
An American family living in the United Kingdom has had to pull their ad for a live-in dog nanny that fetches a $127,000 (£100,000) salary because they received so many job applications. Fairfax and Kensington is a high-end international recruitment agency based in South Kensington, London, and are the original posters of the job. The …
by Dismal-Jellyfish https://www.sec.gov/litigation/complaints/2023/comp-pr2023-102.pdf Press Release: The Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program. Unregistered Exchange, Broker, and Clearing …