Independent thinking for complex markets and current events
A damning new report found that evangelical Christian fundamentalism is underpinning U.S. military action in Iran. U.S. President Donald Trump announced Saturday that the U.S. and Israel launched a joint operation and struck Iran overnight, killing Iranian Supreme Leader Ayatollah Ali Khamenei, among dozens of others across the region. The attack was launched amid Iranian …
Ukrainian drones struck one of Russia’s largest oil refineries, sparking a fire, Russian officials said on Sunday. The overnight strike on the Kirishi refinery, in Ruthe country’s northwestern Leningrad region, follows weeks of Ukrainian attacks on Russian oil infrastructure.
A powerful 8.0 magnitude earthquake rattled the eastern Kamchatka coast late Tuesday. Shallow depth suggests potential for significant tectonic movement, though official tsunami alerts remain pending. The region’s volatile Pacific Rim fault lines rarely offer much warning, leaving nearby communities on edge. This event underscores persistent seismic risks overlooked in broader geopolitical chatter. Monitoring updates …
#Citi bank is expecting #GOLD to go under $3000 / oz later this year. Is this an indirect signal that pricing of a recession is imminent? Why tell us now? Or, is a #Ratecut coming soon? SEE PIC. $GLD $BTC $SPY pic.twitter.com/S7FUX42IMb — Astro Zan (@alshfaw) June 18, 2025 Also one month earlier, Citigroup said …
🎈Saylor defends accusations that $MSTR is a Ponzi by comparing it to a REIT…this is the conman answer. Here’s why they’re not at all the same -> 1. REITs are operating cash flow positive from rental income, generating enough to cover interest & dividend payments. $MSTR is cash… pic.twitter.com/ZakvRDo7cs — Rho Rider (@RhoRider) June 4, …
First, what happened? The BOJ (Bank of Japan) holds a mountain of Japanese government bonds (JGBs). For years, it’s been buying them aggressively as part of its monetary easing program, a fancy way of saying it’s pumped money into the economy by purchasing bonds and keeping… — StockMarket.News (@_Investinq) June 2, 2025 BUT there’s a …
The biggest surprise of 2024 wasn’t any election results nor was it the fact central banks worldwide are more desperately accelerating rate cuts as the year draws to close. Or that other governments and officials are resorting to increasing panicky measures to calm markets in their areas. What caught everyone so off guard about ’24 …
Biden-Harris Admin Races To Dish Out $25 Billion for Green Energy Before Trump Takes Office, Sparking Fraud Fears Frantic pace ‘only increases the risk for Solyndra style waste and abuse,’ House Energy chair warns President Joe Biden speaks on Earth Day (Andrew Harnik/Getty Images) Thomas Catenacci November 22, 2024 The Biden administration is in a …
Croatian President Zoran Milanovic has refused to approve the participation of Croatian soldiers in a Nato mission to support Ukraine, sparking a heated argument with the Croatian government. Milanovic justified his decision, saying he wants to avoid enlarging the conflict and potentially involving Croatia. Since the start of the war, he has been vocal in …
Clothing retailer Rue21 has filed for Chapter 11 bankruptcy, leading to the closure of all 543 of its U.S. stores within the next two months. The company plans to conduct large “going out of business” sales and sell its intellectual property. Sam Ash, a music store chain, is also closing all its remaining stores, resulting …
In a surprising turn of events, Amira Hunter, facing assault charges for attacking cellist Iain S. Forrest, accidentally pleaded “guilty” in court before quickly correcting herself, leading to a tense moment and a bail increase. NEW: Woman who is accused of bashing a cellist’s head with a bottle accidentally says she pleads “guilty” instead of …
Victims of asbestos pollution that killed hundreds take Warren Buffet’s railroad to court LIBBY, Mont. — Paul Resch remembers playing baseball as a kid on a field constructed from asbestos-tainted vermiculite, mere yards from railroad tracks where trains kicked up clouds of dust as they hauled the contaminated material from a mountaintop mine through the …
“American billionaires are selling stocks by the boatload – sparking fears of an impending financial disaster. Jeff Bezos – the third-richest man behind Louis Vuitton’s Bernard Arnaut and Elon Musk – unloaded $8.5billion in Amazon shares this month alone. Mark Zuckerberg – the fourth-richest – sold about 1.4 million Meta shares worth roughly $638million. Jamie …
New York during the inflationary surge of the late 70s and early 80s was a mythical place where one could purchase a Park avenue penthouse for $1 (while assuming the copious debt, of course). Now, thanks to the brutal bear hug of the highest interest rates in 40 years and the ongoing CRE crisis, those …
In a surprising turn of events, UK inflation has accelerated for the first time since February of the previous year, according to official data released by the Office for National Statistics on Wednesday. Consumer prices in December rose by 4% compared to the same period a year ago, surpassing the November rate of 3.9%. Economists …
Bank of America is now providing *loans without down payment* for home buyers in “black & Hispanic Communities.” Mark my words: This act of “anti-racism” today will be called “systemic racism” tomorrow – when minorities end up defaulting on these loans.https://t.co/ZV7FFc3VKu — Vivek Ramaswamy (@VivekGRamaswamy) December 27, 2023 Tell me we’re very late in the …
In an unprecedented development, the Federal Reserve’s urgent crisis escalates as its decade-long bond-buying spree, valued at $7.7 trillion, reveals a shocking loss, with unrealized losses on the balance sheet surpassing $1.3 trillion for the first time ever. The amortized cost now stands at 20.4% more than the mark-to-market price, presenting an alarming financial discrepancy. …
#China suspends youth jobless data after record high readings. The decision announced shortly after the release of weaker-than-expected factory & retail sales data sparked rare backlash on social media amid growing frustration about employment prospects in the country.… pic.twitter.com/KSsSdOIxM7 — Holger Zschaepitz (@Schuldensuehner) August 15, 2023 Cutting rates because they are about to experience a …
China is funding America’s public schools to the tune of $17 million dollars, it has been revealed, with Republicans now probing the disturbing donations. The report by Parents Defending Education states that the close coordination between the Chinese Communist Party (CCP) and U.S. schools to establish Confucius Classrooms has historically included 143 school districts in …
India’s rice export ban has triggered panic buying at US supermarkets, causing the price of a 20-pound bag to surge from $16 to almost $50 in some stores. The south Asian country, which accounts for 40 percent of world rice exports, ordered a halt to its largest rice export category, non-basmati rice, on Thursday to …
The French have the most beautiful riots. https://t.co/miol1B9r5I — k9_reaper | T.I.A (@k9_reaper) June 28, 2023 🔴🇫🇷 French President Emmanuel Macron has said the killing of a 17-year-old in #Nanterre is "inexcusable". The interior minister has mobilised 2,000 police officers in the Paris suburbs in preparation for riots tonight. pic.twitter.com/Oijz6mN3dE — FRANCE 24 English (@France24_en) …