Independent thinking for complex markets and current events
The Pentagon: We’re unable to track $3.8 trillion dollars of military spending. The U.S. Treasury: We’re unable to track $5 trillion dollars of pandemic spending. The Navy: We’re unable to track where a $30 million F-35 fighter jet went. The IRS: You owe us $3.37 pay it right… — Not Jerome Powell (@alifarhat79) November 16, …
by TonyLiberty The fact that cash now provides a better return on investment suggests a significant change in market dynamics in terms of risk vs. reward. When cash is paying a higher yield than stocks, it means that investors are willing to accept a lower return on their investment in order to have access to …
! — Elon Musk (@elonmusk) October 20, 2023 What’s Going On With the Banks? Morgan Stanley Crashing The Most In 3 Years! Financial stocks are facing a significant downturn today. Notably, Morgan Stanley’s stock has taken a nosedive, experiencing its steepest drop since the covid collapse and hitting a three-year low. While the larger financial …
this is the weirdest most dystopian shit i've ever seen wtfffff https://t.co/Gj2eK5NpDv — سماح | 🧚🏾♀️samah (@samah_fadil) October 12, 2023 https://twitter.com/Lowkey0nline/status/1712780118068699452 h/t slumber-666
Hamas and Hezbollah now reporting that Iran helped plan the Hamas terror attacks for weeks. Who opened the floodgates and supplied Iran to the tune of $100+ billion? Obama. Biden. Valerie Jarrett. The Iran Deal. This situation is far beyond just Israel and Palestine. pic.twitter.com/dTNv5ZavGp — Clandestine (@WarClandestine) October 8, 2023 The Hamas terrorists have …
A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. Read more: https://t.co/PjUD0QHHd7 — unusual_whales (@unusual_whales) October 8, 2023 via unusualwhales: A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. They lost $38,000 in purchasing power since last October. They …
T-bills are paying 5.5% risk free, meanwhile, stocks are yielding 1.5% with end of cycle risk. Let's draw a picture to help bulls understand: pic.twitter.com/aqDLJiOEl2 — Mac10 (@SuburbanDrone) October 4, 2023 Yield Curve flattening – after inversions – is textbook #recession behavior. Today seems no exception! pic.twitter.com/NRGLvqBgWr — jeroen blokland (@jsblokland) October 5, 2023
https://www.youtube.com/watch?v=Ib5Yds-uj9U “When Elizabeth Hirschhorn’s Airbnb stay ended in April 2022, she simply didn’t move out. She’s been living there rent-free ever since, and she refused to budge unless Jovanovic paid her a relocation fee of $100,000,” Her attorney (said) “she was not required to pay rent because the city had never approved the unit for …
It’s broken. We need to fix it,” Clinton said, adding that the law “doesn’t make any sense.” They ought to work,” Clinton said. “They need to begin working, paying taxes and paying their way. Most of these people have no interest in being on welfare.” They come here, and we’re supposed to shelter people who …
How messed up is that??? 🚨 JUST IN: The Pentagon has decided to EXEMPT Ukraine operations from a potential government shutdown if lawmakers fail to reach a deal by the end of the month. This means tens of billions will continue flowing into Ukraine regardless. Why is that even legal? pic.twitter.com/GKcCPb9aTb — Nick Sortor (@nicksortor) …
Guest Post by Charles Hugh Smith from his blog, Oftwominds.com: Value varies. Invest in what’s valuable. It’s a well-recognized human bias to feel losses more acutely than gains. Perhaps something similar occurs with inflation. As essentials soar in cost–i.e. non-discretionary expenses such as shelter, food at home, utilities, childcare, healthcare insurance, etc.–our only response is sighing …
by Chris Black I guess to some people it would be new news that the US State Department pays media outlets all over the world to publish certain news stories. It’s not news to me. I’ve been trying to explain this to people for years. The State Department, particularly through NED, has been running foreign …
Nebraska’s Winnebago Tribe has long been stuck with sluggish internet service. The federal government plans to fix that by crisscrossing the reservation with fiber-optic cable—at an average cost of $53,000 for each household and workplace connected. https://www.wsj.com/us-news/the-53-000-connection-the-high-cost-of-high-speed-internet-for-everyone-c903163f
Energy bills for Britons will remain ‘volatile for some time to come’, regulator Ofgem warned today as it confirmed the price cap will fall after wholesale costs dropped. The cap will drop from an average of £2,074 per year to £1,923, but campaigners said bills remained unaffordable amid calls for an ‘urgent reboot’ of the …
Reminder that some people are paying mortgage payments for fancy cars. These are real, active car leases in 5 states: pic.twitter.com/kZwSl0LIbW — Car Dealership Guy (@GuyDealership) August 17, 2023 No way 😂 pic.twitter.com/qhAIkkG2Xd — Car Dealership Guy (@GuyDealership) August 17, 2023
“Makes you think about the power of branding and its influence on our purchasing decisions.” pic.twitter.com/uee0zv9QBz — Frank DeScushin (@FrankDeScushin) August 4, 2023
Assets in money market funds have hit a record $5.5 trillion. With yields above 5%, this trend should continue. pic.twitter.com/gpRrtgBjoL — Charlie Bilello (@charliebilello) August 3, 2023 Bear Stearns Collapse March 16, 2008Lehman Brothers Collapse September 15, 2008 Silicon Valley Bank Collapse March 10, 2023******************* Collapse September 15, 2023 🤫pic.twitter.com/kfdPWKxt1dhttps://t.co/qBMYgTkITR https://t.co/VqtC8XyGSu — Financelot (@FinanceLancelot) August …
via dnyuz: Well, that didn’t take long. Like Threads before it, the network effect is at work for Apple’s new Savings account! Tech. Entertainment. Science. Your inbox. Sign up for the most interesting tech & entertainment news out there. Email: SIGN UP By signing up, I agree to the Terms of Use and have reviewed the Privacy Notice. …
I’m a lot happier paying for an empty federal office building than I am paying for one filled with anonymous apparatchiks wrecking the country. We need many more empty federal office buildings. via based-politics: The pandemic changed how people work, with remote work becoming wildly more prominent. And the federal government was no exception. But …
ORLANDO, Fla. – A new cruise experience could be more affordable than the rent or mortgage you’re paying on land. There’s a new option to live on a cruise ship while traveling the world. “We’re excited!!” Barbara Violetta said. Violetta is a retiree from The Villages and she is crazy for cruises. In fact, she has been …
A charity worker and ‘evil child trader’ has been detained in Ukraine after he was caught red-handed seeking to take an 11-month-old baby abroad to ‘sell for organ transplants’. The man, 43, had allegedly given a $1,000 downpayment to the boy’s mother, claiming he would ensure the boy was adopted in the EU to live …
via aier.org: In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano, Switzerland. “My capital will continue working in Norway,” wrote the fishing magnate turned industrialist who launched his empire four decades ago with a 69-foot trawler he bought while saving money working on …
A global ring accused of producing and spreading videos of monkeys being tortured and even killed has been exposed by an investigation by the BBC’s World Service. At least 20 people in the United States and two in Indonesia are under investigation, including an Oregon man who was indicted last week. The investigation found hundreds …
BREAKING: 'Accounting error' provides extra $6.2 BILLION for Ukraine, Pentagon says pic.twitter.com/75022IXg9k — Breaking911 (@Breaking911) June 20, 2023 The government: We're tracking every $600 transaction you make on Venmo Also the government: Oops pic.twitter.com/0XVylpwRJA — Genevieve Roch-Decter, CFA (@GRDecter) June 20, 2023 And then we told them it was a $6.2 billion "accounting error"… pic.twitter.com/VwK79YWFcH …
Can we make it a cool billion?Every day the Fed is paying $800 million in interest to banks and money market funds. This means that the Fed's net operating loss is now a record $68 billion. pic.twitter.com/DoY7j6cbgD — zerohedge (@zerohedge) June 11, 2023
USAID Chief Samantha Power recently boasted that the United States had, under her organization’s auspices, shipped $15 billion to Ukraine — a sum that will pay the salaries of the country’s public sector employees, including teachers, civil servants, firefighters, etc., for two full years. What that $15 billion WON’T be spent on? Desperately needed social …