Independent thinking for complex markets and current events
Advisory commission set up by Mayor Zohran Mamdani suggest big salary bump for city elected officials. Mayor salary jump from 258 thousand to 305 thousand dollars. City Council members go from 148 thousand to 175 thousand dollars. Council speaker would get 194 thousand. Other officials like comptroller public advocate borough presidents also get raises. Commission …
The Kobeissi Letter @KobeissiLetter Retail risk appetite is at record levels: 0DTE options contracts now account for a record 48% of total retail options volume. This percentage has more than TRIPLED over the last 5 years. Furthermore, 0DTE options reflected a record 30% of total US options volume in May. By comparison, the 2022 high …
Hedgeye: America is running out of places to gather: Bars and clubs per capita have fallen over 60% since the late 1970s, and since 2001 a fifth of movie theaters have shut their doors. Over the past two decades, the country has lost roughly 2,000 golf courses and 7,000 bars and nightclubs. Catching live music …
TradingView or Investing.com Russian 10-year government bond yield chart (real-time and historical data showing recent spike to 16.5% range): https://www.investing.com/rates-bonds/russia-10-year-bond-yield h/t DumbMoneyMedia
1 percent rise in illegal workers linked to 2.2 percent higher home prices and 1.4 percent higher rents. Housing supply failed to keep up creating pure demand shock. Employment rose but average wages showed little change. Democrats flooded country with millions knowing removal would be weak. Republicans won House Senate and White House on mass …
SpaceX tradable shares have seen short interest climb sharply to around 31 percent of free float, equal to roughly 196 million shares. The increase marks a rapid rise from about 13 percent in the prior week, suggesting a fast build in bearish positioning. At current levels, each dollar move in the stock represents roughly 200 …
These videos catch the real trouble coming that could hurt stocks bad. Keep eye on Fed moves and next numbers in coming weeks. The labor market just broke. S&P Global reports the manufacturing sector saw its sharpest drop in employment since May 2020—indicating we are heading right into a stagflationary recession. Office CMBS delinquency rate …
Toxoplasma gondii, a parasite that spreads through cat poop and contaminated food and water, should be taken much more seriously than it currently is, an international team of researchers is arguing. In a paper published today, the team is calling for the World Health Organization to formally designate T. gondii infection a neglected tropical disease. This infection, known as …
Everyone agrees AI is changing the world. That doesn’t automatically mean AI stocks are worth any price. That’s why this warning caught my attention. Two Chinese hedge funds, Wealspring Asset and Shanghai Banxia Investment, are arguing that AI stocks have entered a “super bubble.” Wealspring believes some of the hottest AI names could eventually fall …
Skyrocketing mortgage costs are a big problem for the U.S. Housing Market. Today it costs the typical buyer $2,724/month to buy a house, inclusive of mortgage, tax, and insurance. That's up 82% from pre-pandemic. byu/Boo_Randy_Revival inHouseBuyers “And an astounding 72% higher than the 2007 bubble peak. We’ve never seen such poor housing affordability. Incomes have …
First class mail dropped sharply since 2014. Career staff count rose 9 percent in same time. Top five leaders listed make 312k to 341k yearly. Postmaster General Louis DeJoy made 341k. Deputy and chiefs around 312k to 327k. USPS lost billions last year. Volume down one third but headcount up. Executives get high pay while …
The national median rent increased by 0.5% in May, and now stands at $1,379. This marks the fourth straight monthly increase, as the market enters the busy summer moving season. Rent prices nationally are down 1.5% compared to one year ago. Year-over-year rent growth ticked up slightly compared to last month, but remains near the …
Epic price cuts near Atlanta. Seller bought for $330k near bubble peak in 2023. Now it’s listed for $189k. $140k loss, 43% reduction in price. Zestimate down 48% in two years. The surrounding ZIP code is down about 15% on average. Indicating a potentially distressed situation here. Some people told you this would never happen, …
Source: Yahoo finance A 25.2 percent Social Security cut sounds like a disaster. And that number is exactly why this story exploded. The 2026 Social Security Trustees Report does include that figure. It says that if Congress makes no changes, one way to bring the system into long term balance would be a 25.2 percent …
German auto crisis just deepened byu/RobertBartus inEconomyCharts BMW issue profit warning for 2026. They cut expected automotive EBIT margin to only 1 to 3 percent instead of 4 to 6 percent. This mean profit drop over 60 percent in some measures. Main reasons are sharp fall in demand in China and extra costs from Iran …
Guy meant to short some random ticker but nuked the PowerPoint consultant giant right before earnings. Accenture stock craters and the accidental weekly puts print like crazy. Bought ACN puts instead of ACM, got 3000% byu/Jacker247 inwallstreetbets
The 30% rule says rent + utilities should not be more than 30% of gross monthly income. This old guideline from 1960s-1980s. In 2024-2026 data, 49% of US renter households (22.7 million) spend over 30% on rent and utilities. This is record high. About 26% (12.1 million) spend over 50%. Rents rose faster than renter …
Reality hitting late buyers hard with no mercy. JUST IN: ACROSS ALL ACTIVE US HOUSING LISTINGS AS OF THIS MORNING, 1 IN 5 SELLERS WHO BOUGHT IN 2022-23 IS NOW ASKING LESS THAN THEY PAID byu/Boo_Randy_Revival inHouseBuyers “The home buying class of 2022 bought at or near the top of the housing market. Today, 19% …
Feels like HR folks finally taste what they helped create. More:https://t.co/pnIP5FHISG — Official Layoff (@LayoffAI) June 3, 2026 Uber cuts HR, recruiting, and employee relations. Official line: 'unrelated to AI.' Khosrowshahi went on a podcast to say executives privately admit AI kills jobs while telling the public everything is fine. That podcast aged two weeks. …
Trump team just dropped a new plan: 10% tariffs on imports from 60 countries. → 10% for Canada, Mexico, EU & UK (the ones trying on forced labor) → 12.5% for China, Brazil, India etc. But don’t worry, coffee, beef, tomatoes & orange juice get a pass so your grocery bill doesn’t explode. Critics calling …
by Michael U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, …
Dot com finale territory locked in. 60 percent of 2027 data centers still not started. Gordon Johnson calls out warehouses full of unused GPUs at fake high margins. This euphoria is pure illusion. Record chase right before the rug. Biggest dump of the year loading up right now. Retail about to eat it hard. Ladies …
Elon engineered tiny float, retail pump allocation, and fast-track Nasdaq-100 entry so index funds buy the spike. Insiders get early unlock windows to dump while 401ks chase the top. Their own S-1 shows $28.5 trillion TAM but only $2 trillion real space business. Rest is wild enterprise AI bets bigger than OpenAI and Google combined. …
Savings rate plunged from 5.5% to 2.6% in one year — people straight up draining reserves and maxing credit cards just to keep buying. CNBC and ZeroHedge both flashing the exact same red flag: real incomes decaying fast. Last two months alone saw a full 1% collapse, now kissing all-time lows. This isn’t a strong …
by Michael Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being replaced and that trend is only going to …
by Michael The global elite have been warning about overpopulation for a long time. Many of them are convinced that humanity is the greatest environmental threat that our planet faces, and so they believe that dramatically reducing the number of people walking around should be a top priority. A number of very twisted measures have …
Wall street analysts hype memory shortage and trump tariffs while hiding the pure options mechanics. This is textbook gamma squeeze where dealers keep buying shares to stay neutral and the price just runs away. Can someone please explain how a $1 trillion company can go up 20% in one day? pic.twitter.com/Ajoj1q48S0 — The Wheelie Investor …
For years the tech world acted like whoever owned the most chips would dominate AI. China is now showing that smarter software and lower costs might matter just as much. By making AI models dramatically cheaper to run, they’re putting pressure on Silicon Valley’s massive hardware heavy approach and raising questions about whether all that …
Fitch Ratings reported US private credit default rate climbed to fresh peak for trailing 12 months. Rise driven by high interest rates stressing smaller and mid-market borrowers. Many cases involve payment-in-kind deals and distressed exchanges masking full pain. Sectors like software and auto facing extra heat from AI disruption and costs. Analysts warn rates could …
Nasdaq officials claim broad update for all big listings, hide the clear favoritism for Elon Musk. Retail investors and 401k holders face massive exit liquidity trap once the hype bubble bursts. They changed the entire rules of the stock market specifically for Elon Musk's SpaceX IPO… This is what they aren't telling you… and how …