Independent thinking for complex markets and current events
‼️This is INSANE: Retail investors purchased a MASSIVE $900 million of Nvidia, $NVDA, stock in the last week of January. Meanwhile, $NVDA stock has gone nowhere for 8 months and is down ~20% from the peak What if the dip continues dipping? Read!👇https://t.co/PN8zRte7W8 — Global Markets Investor (@GlobalMktObserv) February 3, 2025 This has never happened …
The U.S. Food and Drug Administration (FDA) on Thursday approved a new type of prescription pain medication for adults to treat moderate to severe acute pain. The drug, called Journavx (suzetrigine) and manufactured by biotech company Vertex Pharmaceuticals, is a non-opioid painkiller, which doesn’t have addictive properties, unlike opioids often used for this type of …
from Kerry Lutz’s Financial Survival Network Host Kerry and guest Ed Siddell engaged in a discussion regarding the Federal Reserve’s recent decision to cut interest rates by 50 basis points, expressing surprise and skepticism about its implications. They examined how this rate cut might influence the upcoming election and noted the contrasting trends in job growth between the …
by confoundedinterest17 Yes, Bidenomics is an FDR-type massive expansion of government into the private sectors requiring massive Federal spending … and inflation. Except that it beenfits anything BIG and powerful to the detriment of the small and weak. (Bloomberg) Friday’s jobs data sparked a relief rally in bonds and a flatter yield curve, but the pain …
https://twitter.com/Econimica/status/1686999658483314688 Stages of a Super Bubble (used S&P 500 from 2010 to 2023). There's nothing to fear, Minsky Moment is here… pic.twitter.com/tdc025i3pd — Minsky Moment (@BP_Rising) August 2, 2023 https://twitter.com/Econimica/status/1686861898225246208
by Dismal-Jellyfish If half of uninsured depositors decide to withdraw, the losses due to CRE distress would result in up to 58 smaller regional banks becoming insolvent in addition to 186 banks that would become insolvent just due to higher rates. Wut Mean?: The U.S. banking system’s market value of assets is about $2.2 trillion …
by BoatSurfer600 Borrowers with expiring fixed-rate or tracker mortgages face difficulties, with some saying they will be forced to sell their homes via theguardian For Steven, a media consultant from Guildford, and his wife, the remortgaging nightmare is only beginning. “People like me can’t sleep at night – it’s horrendous,” he says. “The mortgage for …