Independent thinking for complex markets and current events
FOMC official: Interest rates maintained at 3.5% to 3.75% for third straight time… Powell’s chairmanship expires next month; markets obsess over his “staying power”… Fed Statement: “Inflation remains elevated,” fueled by recent global energy shocks… The Warsh Shadow: Investors look past today’s pause to the May 15 leadership swap…
AXP is being framed as a steady compounder at a reasonable multiple, but that stability depends on more moving parts than the headline growth suggests. Earnings growth at ~14% over 1Y and 5Y, with a P/E of 19.77 and forward P/E of 16.03, is pricing continuity rather than acceleration. That continuity assumption matters because American …
United Airlines plans for oil hitting $175 a barrel and staying above $100 next year as industry faces worst shock since COVID The U.S.-Israel war on Iran has delivered the biggest disruption to the airline industry since the COVID-19 pandemic, and United is bracing for a future where oil prices remain high through 2027. …
Prince Harry served in the British Army for 10 years 2005–2015, and his service was active and frontline, not ceremonial. Here’s what he did. Training & Role He trained at the Royal Military Academy Sandhurst and was commissioned as an officer. He joined the Blues and Royals,… — Bricktop_NAFO (@Bricktop_NAFO) January 23, 2026 🇬🇧The British …
Washington’s favorite habit is the “temporary” fix – extend a subsidy here, push off a deadline there, and borrow the money to make it work. But those short-term patches carry long-term costs. They raise prices for families and deepen the national debt. Here’s how that affects your purchasing power… By Peter Reagan Washington, D.C. has …
Las Vegas tourism needs to be boycotted American is at an MGM property and shows the prices on the menu – The cheapest steak is $87 – Ribeye is $138 – His glass of Cabernet wine was $37 Every price on this menu is outrageous. “The price gouging of MGM is just insane. Insane. Like, …
Elon Musk didn’t mince words: “The dollar will be worth nothing if the US doesn’t do something about its national debt.” That wasn’t hyperbole. That was a warning. A new study confirms what many already feel in their bones. Most Americans can no longer afford even a minimal quality of life. Forget luxury. Forget comfort. …
DOGE chief Elon Musk said that he is running his businesses “with great difficulty,” as shares of his automotive firm Tesla suffered their worst drop in a half-decade. Musk also said during an interview on Fox Business that he expected to remain in the Trump administration for another year. Musk’s Department of Government Efficiency is …
Senate Minority Leader Chuck Schumer lashed out at Trump for considering January 6 pardons while staying silent after Biden released 11 dangerous Islamic terrorists from Guantanamo Bay prison. “It is utterly shameful that the president-elect is considering pardons for January 6 rioters,” Schumer said. “Pardoning criminals who waved Confederate flags, donned Nazi symbols, assaulted police …
JUST IN: Trump says he’s staying away from his New Jersey golf club amid the drone sightings. “The government knows what is happening. Our military knows – where they took off from. They know where it came from and where it went.” “Something strange is going on.” “For some reason, they don’t want to comment.” …
BLAME GAME: Democrats are now attacking each other for stabbing Biden in the back – suggesting Democrats who called for Biden to step down were 'pearl clutching' or 'bed wetting'. pic.twitter.com/P7f2unHat1 — @amuse (@amuse) July 10, 2024 Dems, Media Losing Their Minds Over Trump Sitting Back and Watching Them Implode Post-Debate Debacle. https://twitter.com/BecketAdams/status/1808369967051501752 BREAKING: …
Biden has rejected Ukraine’s NATO membership bid as part of a peace agreement. It would weaken Biden’s reelection chances, a foreign policy expert said. Ukraine’s accession to NATO would be perceived as an escalation by Russia. In an interview with Time Magazine this week, the US president said he was not prepared to support the …
McDonald’s $5 value meal will run for roughly a month, beginning on June 25. The offering will include four items — a McChicken or McDouble, four piece chicken nuggets, fries and a drink. The monthlong promotion comes at a time when restaurants are finally beginning to feel a long-anticipated consumer pullback. McDonald’s is set to …
NEW: Democratic strategist James Carville has meltdown, blasts young people for thinking about staying home and not voting for Biden. The panic is setting in. “You little f**king 26-year-old, you don’t feel like ‘the election’s important to me. They’re not addressing the issues… pic.twitter.com/k7rU9nzeeH — Collin Rugg (@CollinRugg) April 29, 2024
ROCK HILL, South Carolina (Reuters) – Backers of Nikki Haley’s quest for the Republican presidential nomination are pouring money into states that hold early March nominating contests in a bid to keep her candidacy alive, regulatory filings and pro-Haley political operatives said. Those efforts have ramped up in recent days and reflect a growing belief …
President Joe Biden and first lady Jill Biden arrived on Nantucket Tuesday night for their Thanksgiving break, where they’ll mark the holiday and celebrate the president’s 81st birthday with family. Six of their seven grandchildren are expected to join them on the island, where they’ll take over billionaire businessman turned philanthropist David Rubenstein’s $34 million …
Jim is bringing the vote to the floor tonight! The resolution for a temporary speaker is dead! He’s staying in the fight! pic.twitter.com/A0RjRqvVFp — Anna Paulina Luna (@realannapaulina) October 19, 2023
FEMA officials have been slammed by Maui locals for their slow response to the devastating wildfires that ripped through Lahaina earlier this month But DailyMail.com can reveal they are staying at three five-star hotels, Fairmont Kea Lani, Four Seasons, and the Grand Wailea Astoria, during recovery efforts Federal government rates for this week at all …
A group of “disorderly” migrants hurled objects at passersby in Manhattan before beating up two men who tried to intervene — pushing one of them through a glass door of an apartment building entrance on Sunday morning, according to police and witnesses. The violence began just before 9:45 a.m. in Harlem, when cops received word …
by confoundedinterest17 Foul Powell on the Prowl! Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation. The Federal Open Market Committee on Wednesday is expected to maintain its benchmark lending rate at the …