Independent thinking for complex markets and current events
Former President Donald Trump and the Republican National Committee raised $65.6 million in March and ended the month with $93.1 million in cash on hand, according to figures provided to POLITICO. Trump’s allies hope the amount will ease concerns about his fundraising and the cash deficit he is facing against President Joe Biden. The figure …
Economic data looks rosy, so why are people complaining? Maybe it’s because the data is being manipulated. Consider this:– BLS Household Survey shows 5 million fewer employed workers than its payrolls survey– Phila Fed just admitted payrolls overstated by 800k– The… — Robert F. Kennedy Jr (@RobertKennedyJr) April 1, 2024
BREAKING: Trader Joe's has increased the price of bananas for the first time in more than two decades — the price is now 23 cents apiece up from the 19-cent price set in place in the early 2000s, per Axios. — unusual_whales (@unusual_whales) March 28, 2024 Trader Joe’s customers may experience sticker shock the next …
The circumstances surrounding John Barnett’s death following his deposition serve as a stark reminder of the dangers whistleblowers may face. "Boeing whistleblower John Barnett was planning to drive home to Louisiana after his deposition on Friday 3/8 before Boeing lawyers asked him to stay one more day to finish his testimony. His body was found …
“The rally in US equities since last October’s near-death experience has been unmistakably broad, even though the Mag 7 have captured most of headlines. And last week this broadening was confirmed when the S&P 500 equal-weighted index made an all-time high for the first time in 26 months. Both the charts show the percentage of …
Nikkei suffers biggest one day decline since early October and is now back below its 1989 high. Did Japan just suffer a 35-year double top? pic.twitter.com/DoCn6OqS8P — Barchart (@Barchart) March 11, 2024
"Investors have piled into [Bitcoin] funds at a historic clip since their Jan. 11 launch, with total assets in the 10 U.S. spot bitcoin funds on the market swelling to nearly $50 billion."@jackpitcher20 pic.twitter.com/0FHGsqLYEU — Daily Chartbook (@dailychartbook) March 6, 2024 Bitcoin mania is back on the scene as investors rush into cryptocurrency funds at …
The commercial real estate market is facing a dire situation, with reports suggesting a staggering loss of 50-60% of its value. This alarming depreciation, however, may just be the tip of the iceberg. As the industry grapples with this significant downturn, questions arise about the potential impact on Wall Street and the resilience of financial …
by TheBarnacle63 I just checked ratings for S&P components, and I am a bit shocked at what I see. Here are the ratings based on Strong Buy, Buy, Hold, Underperform, and Sell Strong Buy: 29 Buy: 349 Hold: 117 Underperform: 4 Sell: 0 No Rating: 1 I get nervous when no analyst is willing to …
We’re $34 trillion in debt. Annual interest expense on that debt is $700 billion/year, will be $1 trillion/year by 2025. We’re beyond broke. Record homelessness, record credit card debt, record number of Americans living paycheck to paycheck. There’s a new program out here in California that’s letting immigrants get “first time buyers” home loans to …
American Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings are eligible to earn frequent flyer miles. Passengers will pay $35 to check a first bag for domestic flights if the service is booked online in advance, …
A disconcerting scene unfolds as special constables, volunteer police officers, reportedly restrict the singing of church songs beyond church grounds. This alarming development raises fundamental questions about the erosion of basic rights, particularly the right to freedom of religion protected by the Human Rights Act. The perplexing twist lies in the involvement of volunteers, typically …
Amid the push for electric vehicles (EVs), a proposed California bill is stirring controversy for reasons beyond the environmental narrative. Critics argue that it’s not about saving the planet but rather gaining control over people’s cars and lives. The bill, if passed, would mandate technology in cars preventing them from exceeding 10 miles per hour …
SEX WORKERS "FULLY BOOKED" AT DAVOS This year's WEF meeting at Davos appears to be heading in the usual direction of drug-fuelled bung-bunga sex parties. Local escort service web site officially announced: "All local service providers are completely booked during the WEF… pic.twitter.com/l99v2KL9Pw — Mario Nawfal (@MarioNawfal) January 16, 2024 The 54th annual gathering of …
In a move that has left employees fuming, 3M, the conglomerate renowned for manufacturing Post-its, command strips, and tape, has frozen its pension program for non-unionized workers. To add salt to the wound, the company announced a shift to a 401(k) retirement plan in 2028 for these employees. This decision, seen as a pathway to …
by Perry-Rodent This year the US has to roll over 7 trillion USD in bonds and finance an annual deficit of around 2 trillion on top of it. BRICS and Japan are nor going to buy US treasuries anymore. Up to now, US bond auctions did not fail because financial institutions had enough excess reserves …
New York is employing the strategy of “Ask, Tell, Make” a DEI strategy of escalation to house illegal aliens in private residences. This is beyond alarming: View post on imgur.com h/t BloodEagle
CHINA SPARKS FEARS OF IMMINENT TAIWAN INVASION AS MILITARY SWARMS ISLAND BY SEA AND AIR (MSN) Taiwan's Ministry of National Defense has tracked six Chinese military aircraft and six naval ships moving near the island nation, once again sparking fears of an invasion. One of the… pic.twitter.com/FPs3A5v694 — FXHedge (@Fxhedgers) January 5, 2024
Acknowledging a potential Ukrainian surrender, Russian forces reportedly advance, taking significant territories. Concerns heighten amid media blackout. NEW: Ukrainian surrender may be imminent, Russian Defense Minister is now reporting military forces have taken most of Donetsk and all of Maryinka. MEDIA BLACKOUT. This is a devastating development for Ukraine if Shoigu’s claims are accurate. pic.twitter.com/Lz2zL6keUG …
In a significant market development, the 10-Year minus 3-Month Treasury Yield Curve has remained inverted for a historic 278 consecutive trading days, marking the longest inversion in financial history. The inversion has deepened recently, reaching its lowest point since August, adding to economic uncertainty. Notably, Broadcom has emerged as a front-runner in the semiconductor industry, …
Ann Carlson’s unexpected departure as acting administrator for NHTSA raises questions about the continuity of EV regulations. While the DOT cites the Vacancies Reform Act as the reason, her role in shaping regulations to promote electric vehicle usage makes this move significant. The memo emphasizes her leadership achievements, including advancements in vehicle safety standards and …
🚨 Breaking: Federal 🖨️💵 💵 The Fed is injecting liquidity into the market through various facilities , raising concerns 📈 BTFP reaches a new record high, signaling heightened worries for banks 🔄 Repo 🖨️💵 on the rise, indicating stress in the financial plumbing. pic.twitter.com/ilmuMZSOpx — The Coastal Journal (@1CoastalJournal) December 15, 2023
https://twitter.com/FinanceLancelot/status/1727856133652558048 I'm waiting for the propaganda videos of people collapsing in the streets like 2020pic.twitter.com/0d9f7caqI8 — Financelot (@FinanceLancelot) November 24, 2023
https://twitter.com/iamhodler_/status/1726563939658662350 🇺🇸 US continuing jobless claims continues to closely track the average of past #recession cycles. Using the months from first inversion of the 10Y3M Treasury yield curve since 1968 (excluding COVID). H/t: @DonMiami3 pic.twitter.com/XhUirbQB8D — Alex Joosten (@joosteninvestor) November 20, 2023
The heavy concentration of the seven largest stocks in the S&P 500 raises concerns about diversification and market stability, especially if these stocks face underperformance. 🇺🇸 S&P 500 The concentration of the seven largest stocks in the S&P 500 raises concerns about diversification and market stability, as potential risks emerge if these stocks underperform👉 https://t.co/yIk7SZYp6p …
@KeithMcCullough warns that the recent surge in Regional Banking ($KRE) and Real Estate ($XLRE), often seen as positive, could be a bear market bounce, potentially misleading investors before a recession. Drawing parallels to the Great Financial Crisis, McCullough highlights this as outright panic buying and suggests the current crisis might surpass the GFC, impacting Main …
The interest payments on the national debt alone used up 40% of all the money collected from individual income taxes in October. This means a significant portion of the taxes paid by individuals goes just towards paying the interest on the money the government has borrowed. The US Treasury is now spending almost twice as …
The consolidation of media ownership can limit diversity of perspectives and information, potentially leading to homogenized content. With fewer entities controlling the majority of media, there’s a risk of reduced representation of varied viewpoints, less investigative reporting, and potentially biased or limited coverage of news and issues. This can impact the public’s access to a …
As the Nasdaq Composite surges, outperforming the Russell 2000 by the largest margin since 1999, a sense of déjà vu from the dot-com bubble emerges. US equities near 70-year highs against global stocks, mirroring the exuberance of the past. While the possibility of another -85% drawdown is deemed unlikely, the striking similarities to the ‘back …
