Independent thinking for complex markets and current events
Ram this through and watch the next rug pull leave retail holding bags while executives already cashed out in the dark. Awesome. Even less transparency for markets. All this does is incentivize investors to take on even more risk despite knowing even less about how a company is performing. This turns the market into even …
And yet, manufacturing jobs are still in freefall. h/t Dyn-O-mite_Rocketeer
$46.7 billion in revenue. A 56% jump from last year. A figure no chipmaker has ever touched. And the stock still fell more than 5% after hours. That is not strength. That is fragility revealed. The illusion is scale. The reality is concentration. The world’s most valuable chipmaker is leaning on a single platform, a …
As said before: German economy is and has been strongly focused on export. Currently Germany is losing two of his three biggest export markets (USA and China) while the latter also became a huge competitor on international markets in the last two decades… What else should happen to German economy under these circumstances? Especially since …
Tech is the most overbought since August 2020. And then it dropped straight line -15% back to the 50 dma. pic.twitter.com/4GI2YPnfEr — Mac10 (@SuburbanDrone) June 18, 2024 In April, semis rolled over with the rest of the Nasdaq. This time, the Nasdaq has rolled over while semis have made new highs. Which will make this …
Automakers have seen wavering demand for EVs across the country, but California has always been the stronghold for electric adoption and infrastructure. Even so, the tides turned late last year, which could signal slower times ahead for the industry. EV sales fell for two consecutive quarters last year, down ten percent between Q3 and Q4, …
On May 1, the Federal Deposit Insurance Corporation announced that First Republic Bank had failed and that it was being sold to JPMorgan Chase. At the time, JPMorgan Chase was already the largest and riskiest bank in the United States. The sweetheart deal the bank got from the FDIC to take over First Republic included …
by confoundedinterest17 The glories of Bidenomics is on fully display. Despite what Lyin’ Biden says, Bidenomics is only working for the elites (top 1%). How Soviet/CCP command economy of him! Here is an ugly chart showing Bidenomics in action! We all know that Covid unleashed a torrent of Fed monetary stimulus AND Federal spending on …
“Three quarters of Church of England priests believe Britain can no longer be described a Christian country, a new poll has revealed. The huge survey conducted by The Times, which used responses from 1,200 serving priests, also found that more than half think that same-sex weddings should be allowed. Of those surveyed, 53.4 per cent backed …
We're looking for a hard reversal on the daily for Tech this week. And then pull the plug on this final festival of idiots. Let history sort them out. pic.twitter.com/gIM5I7b2qh — Mac10 (@SuburbanDrone) August 23, 2023 Another blowout for Nvidia. Last qtr, their gain was viewed as good for all Tech stocks. This quarter, their …
For the first time in history, total credit card debt is about to cross $1 trillion. Since Q4 2020, total credit card debt is up over $200 billion. Americans currently hold a record $986 billion in credit card debt. 2/7 pic.twitter.com/L2cfwDWWEY — The Kobeissi Letter (@KobeissiLetter) August 1, 2023 According to a survey conducted in …
by confoundedinterest17 Bidenomics, which Bumbling Biden can’t explain, and his Press Secretary Karine Jean Pierre only utters “top down was a failure, we are trying the opposite!” Sorry Karine, Bidenomics personifies top down economic (mis)management where DC picks winners and losers as opposed to the free market. Under Biden’s corrupt administation, it is more like …
by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial Crisis of 2008/2009. Of course, the Biden family household net worth is off the charts. …
