Independent thinking for complex markets and current events
Amid the furious debate over the government shutdown and the incoming freeze of SNAP food benefits, one important factor is often overlooked – Why are 42 million Americans, a number larger than the entire population of Canada, dependent on government subsidized groceries? Isn’t this a time bomb waiting to explode regardless of a federal shutdown? …
If ur a democrat, you are really relying on these people to get you a win in 2026. It’s not gonna happen, you need to change leadership. pic.twitter.com/OlsJc5zggr — tic toc (@TicTocTick) July 3, 2025 🚨 BREAKING: Left wing protestors are screaming at the top of their lungs outside a courthouse in New York City …
The moment when people start crapping on Warren Buffett is usually the time you want to put on a helmet. https://t.co/Ngk5c0rMPi — Jared Dillian (@dailydirtnap) December 18, 2024 Here is where it gets interesting and lethal for bulls. The highest quality stocks are reaching the most oversold level of the year on price, but support …
1 in 10 Torontonians used a food bank from April 2022 to March 2023 https://www.cbc.ca/player/play/2282857539847#:~:text=1:26-,1%20in%2010%20Torontonians%20used%20a%20food%20bank%20from,to%20March%202023,%20report%20says&text=About%20one%20Torontonian%20in%2010,North%20York%20Harvest%20food%20banks. Crazy expensive houses/rent nothing left for food; better hungry than frozen. AC
via moneywise: It’s not just low-income Americans drowning under inflation and interest rates — some higher-income folks are feeling the strain on their wallets as well. Data from a June survey conducted by personal finance software company Quicken revealed that 32% of Americans earning at least $150,000 a year are currently living paycheck to paycheck, …
by TonyLiberty Relying 100% on Social Security is very risky. The average monthly Social Security benefit in 2022 is only around $1,800 — This provides an income of $21,600 per year, which is below the federal poverty level. Social Security is facing a long-term funding shortfall, with reserves expected to run out by 2035. Benefits …
by Dismal-Jellyfish https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20230906.pdf This report was prepared at the Federal Reserve Bank of Kansas City based on information collected on or before August 28, 2023. Highlights: “Some Districts highlighted reports suggesting consumers may have exhausted their savings and are relying more on borrowing to support spending.” “Bankers from different Districts had mixed experiences with growth …