Independent thinking for complex markets and current events
Shorting large cap tech stocks has been a losing trade for over a decade. It's unlikely that changes without a shift in market sentiment. It may really be that a few stocks driving the market is the new normal. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October …
Energy bills for Britons will remain ‘volatile for some time to come’, regulator Ofgem warned today as it confirmed the price cap will fall after wholesale costs dropped. The cap will drop from an average of £2,074 per year to £1,923, but campaigners said bills remained unaffordable amid calls for an ‘urgent reboot’ of the …
via NYPOST: The federal indictment lodged against former president Donald Trump includes seven charges that carry a maximum 75-year prison sentence if convicted on all counts. The charges against Trump include: willfully retaining the national defense documents, conspiring to obstruct justice, withholding the documents, corruptly concealing the records, concealing a document in a federal investigation, …
https://twitter.com/misspaulalondon/status/1666741698926374912 BREAKING: A Syrian asylum seeker just stabbed 7 children on a playground in Annecy, France. Seven more kids sacrificed on the alter of mass migration & diversity. When will Europeans finally say enough is enough? Where is our will to protect our children? When will we rise up? — Eva Vlaardingerbroek (@EvaVlaar) June 8, …