Independent thinking for complex markets and current events
FROM JAPAN’S LIPS…. “Authorities issue MEGAQUAKE warning for the first time ever after tremors earlier in the same area ‘one of the world’s deadliest earthquakes’ hit nearly 80 years ago” “The agency said that submarines in the Nankai Trough, where part of the Eurasian tectonic plate meets with the Philippine tectonic plate, found that the …
I believe we are in a financial assets bubble! As all debts come due, when this bubble deflates and things return to reality, it will be ugly and therefore I wish to discuss the possible depth of the next stock market crash.
They know what the real polling is, and are preparing for it. They have earned a LOT of Payback Karma. https://twitter.com/_/status/1819316753849024926 h/t Flying Elvii
A leading Australian swimming coach has led criticism of Pan Zhanle’s stunning 100m freestyle world record after saying the Chinese swimmer’s performance in the pool was “not humanly possible”. Brett Hawke led the international disbelief among some quarters after the 19-year-old stormed to gold in 46.40 seconds to beat nearest rival Kyle Chalmers by more …
Rick Ackerman is the editor and publisher of Rick’s Picks, an online service for traders from novice to expert. He has been trading himself for more than 40 years, a dozen of them as an options market-maker on the floor of Pacific Stock Exchange. CNBC and Bloomberg have featured his work, and he has written on …
by Michael More than anything else, the elite want a president that is easy to control. That is why they love Joe Biden and that is why they hate Donald Trump. It all comes down to control. No matter what happens, the elite want to feel confident that whoever is in the White House is …
This is much worse than everyone thought possible. Three major U.S. banks have gone bust last year, and another one collapsed just a couple of months ago. Though most people think these failures have set off the crisis that is unfolding right now, according to data from American Banker, this trend has started long ago. …
Authored by Charles Hugh-Smith via oftwominds, Can a couple of hardworking people live well in America on $30,000 a year in earnings? Yes, if they’re willing to do what’s needed to make it happen. Is It possible to live well on $30,000 a year in America? Let’s start with the raw numbers. I am starting with …
Models are all over this like white on rice. Currently in the mid-Atlantic. Conditions are very favorable for development from now to the end of the model’s runs. Some are already forecasting a Cat 1 in the Caribbean. Steering into the Gulf of Mexico very likely with additional strengthening. Keep your eyes on this one …
Federal Reserve Bank of San Francisco President Mary Daly has indeed warned that the U.S. labor market is approaching an inflection point. She emphasized that further slowing in the labor market could lead to higher unemployment. While the labor market has adjusted slowly so far, Daly cautioned that we are getting closer to a point where this benign outcome may …
Surely a basic competence test should be the MINIMUM requirement. h/t Harmful bug
The situation in Cape Coral, Florida, has ignited outrage as city officials, without consultation, dissolved volunteer citizen groups and appointed themselves, doubling their salaries with taxpayer money. This brazen move, revealed just this week, includes a staggering stipend of $6,000 per month for the Mayor and $3,333 per month for each council member, totaling $351,972 …
Donald Trump could end up being forced to pick up trash from the street, clean graffiti or carry out other menial tasks if he’s hit with community service as part of his sentencing for his felony conviction, experts explained. Trump, 77, is slated to be sentenced on July 11 by Manhattan Supreme Court Justice Juan …
🚨Update: 8x Russian bear bombers have taken off and are moving towards their launch positions to target Ukraine!! It’s going to be a long night across Ukraine! I’m still surprised Moscow has not carpet-bombed Kiev and Lviv, and razed both cities to the ground. pic.twitter.com/66yACcN0rx — US Homeland Security News (@defense_civil25) May 31, 2024 ⚠️❗️❗️The …
A powerful tornado tore through Greenfield, Iowa, on Tuesday, leaving multiple fatalities, at least a dozen injuries, and widespread destruction in its wake. Key points: Tornado destroyed much of Greenfield, a town of about 2,000, located 55 miles southwest of Des Moines Confirmed fatalities, with authorities still determining the total number and thought to have …
Today Bank of Canada warned the public of a possible sharp correction in asset prices & systemic risk to the banking system 🤪pic.twitter.com/cKJPDeZ1X0 https://t.co/l7L3hjeD46 — Financelot (@FinanceLancelot) May 10, 2024 The Bank of Canada Governor called Trudeau's $61 billion spending "not helpful" for tackling inflation and reducing interest rates. Former Liberal Bank Governor David Dodge …
A new design has been outlined by a European company that would like to rebuild the bridge. Explosives being used to break up the remaining bridge section on the Dali. A 6th victim’s body has been recovered. “The target date is to have the Dali out by Friday, according to an update from the Port …
FBI Director Christopher Wray has warned of the heightened possibility of a coordinated terror attack in the US. Wray told NBC News the FBI is ‘increasingly concerned [about] the potential for some kind of coordinated attack here in the homeland.’ Explaining that such an event ‘may be not that different from what you saw against …
China’s extensive stockpiling of essential commodities sparks speculation: Is a currency devaluation imminent? Is China preparing an imminent FX devaluation? The price action looks striking reminscent of 2014/2015 ahead of the managed devaluation of CNY. Full story: https://t.co/sILjD21UGs pic.twitter.com/C0yIRBss3R — Andreas Steno Larsen (@AndreasSteno) April 22, 2024 Arguments why China could decide to devalue CNY …
SHOCK VIDEO: ⚠️ Al Jazeera news coverage inadvertently broadcasts what looks like a TRIANGULAR SHAPED OBJECT shooting down rockets over northern Israel.. WHAT DO YOU SEE? pic.twitter.com/w5wgdwXidD — Chuck Callesto (@ChuckCallesto) April 13, 2024
“I see no case for a cut in June but facts can change,” Former US Treasury Secretary Lawrence H. Summers says https://t.co/oVl7D1RxIK pic.twitter.com/de8oH2GGrN — Bloomberg TV (@BloombergTV) April 10, 2024
In the months before Bed Bath & Beyond declared bankruptcy last April, the former home goods titan was trapped in a crushing cycle. The retailer had been failing to pay its vendors on time, if at all. During the pivotal holiday season, some began requiring payment when goods were delivered or refusing orders altogether, which …
Days after deadly ISIS attack in Moscow, a blast ripped through a Central Asian-themed cafe in the southern Russian city of Voronezh. The shattered windows of the “Eastern Tea House” on Lenin Street were shown in footage published by the Zvezda news service. The Mash media group said the cafe was attacked in the early …
by PoopyDootyBooty NVDA -> $0 and NVDA -> +$2000 The risk is so high on an asset like NVDA, that the cost of taking on that risk adds an insane premium. However in order for someone buying the option to make the money, the risk needs to happen. This is just unlikely.
Angela Chao, the billionaire sister-in-law of Sen. Mitch McConnell, tragically drowned in a pond at her Texas ranch. It is speculated that she may have accidentally put her Tesla in reverse while attempting a three-point turn. Since then, disturbing details have surfaced, recounting the frantic rescue efforts aimed at saving the 50-year-old CEO of shipping …
🚨#BREAKING: A Possible Fireworks Facility is Engulfed in Flames Triggering significant Nonstop Explosions⁰⁰📌#Grosebeck | #Michigan ⁰Currently, numerous law enforcement and other emergency crews are on the scene of significant explosions in Groesbeck, Michigan. As Nonstop… pic.twitter.com/4rkW7yKV33 — R A W S A L E R T S (@rawsalerts) March 5, 2024 Watch: Aerial footage of …
