Independent thinking for complex markets and current events
One side untouched, the other utter destruction. While we rejoice to find our house intact, in the midst of a hellscape like this, you can only think of your neighbors. I was so certain our house was gone a day ago, but the fickle finger of fate decided otherwise. pic.twitter.com/dbL0ECvtSa — James Woods (@RealJamesWoods) January …
As retail investors flock to stocks with record inflows, yesterday 20 day skew hit a new all time high, as Wall Street quietly liquidates. pic.twitter.com/f5f9vfWUgy — Mac10 (@SuburbanDrone) December 24, 2024 A big Christmas vol crusher to round-trip VIX back to the lows of last week as if the hawkish FOMC had never happened. However, …
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short of its goals. The suit comes from the Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, as well as the American Bankers Association, the Ohio Bankers …
🔥 BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by boosting electricity prices through their investments, in the highest-profile lawsuit yet against the beleaguered ESG industry. Texas… pic.twitter.com/SLo0snWnmx — Melissa Hallman (@dotconnectinga) November 27, 2024 BlackRock Inc., Vanguard Group …
Since the day Goldman upgraded China to BUY:$BABA down -28%Hang Seng index down -18%“BUY EVERYTHING!” Tepper in hiding Great job. Truly. Chef’s kiss. 👏 👏 👏 pic.twitter.com/hE8l1vMfHg — Wasteland Capital (@ecommerceshares) November 26, 2024 BREAKING 🚨: China Chinese ETFs on track for largest monthly outflow in history pic.twitter.com/zobT1JFGNi — Barchart (@Barchart) November 27, 2024
This is what Wall Street #FOMO for $BTC looks like https://t.co/NkwSgIOJ2R pic.twitter.com/SSCd5yuYcT — JustDario 🏊♂️ (@DarioCpx) November 25, 2024 All I know is MSTR is the top performer in the 500 ytd because of its financial engineering scheme where returns to are paid to earlier investors with capital from newer investors and not profits from …
Even the Wall Street Journal agrees and knows change is coming. pic.twitter.com/Q8DKNU3YqF — floridanow1 (@floridanow1) November 24, 2024 Your tax dollars are paying to air-condition & heat thousands of empty government buildings 🤯 Outrageous!! https://t.co/iB2zFNtFub — Elon Musk (@elonmusk) November 23, 2024 The hiring process for federal government employees is unbelievably stupid pic.twitter.com/EgR6jBiGoh — …
Wall Street hated Bitcoin until they figured out how to market and sell it to you. Just saying 🤷♂️ — Piker Capital (@PikerCapital) November 22, 2024 BREAKING: #Bitcoin exchange balance continues to drop. No one is prepared for what is coming. No one is. pic.twitter.com/Eiknp3zf1D — Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) November 22, 2024 BREAKING: …
VICTORIA TAFT: Reality Check for Politico, and Media ‘Scandalized’ by Possible Trump Recess Appointments. “The Wall Street Journal called Trump’s request a ‘scheme’ and ‘anti-constitutional.’ That’s an odd turn of phrase for actions that are explicitly in the constitution under the—wait for it—’The Recess Appointment Clause’ and ‘The Appointments Clause.’” h/t Stephen Green
https://twitter.com/scottishslander/status/1852847198033076316 Officers have taped off a large section of Cowgate and several surrounding streets after a huge police presence descended on the area at around 7.30pm on November 2 Edinburgh’s Cowgate has been locked down by police following a serious incident with forensic tents being erected at the scene. Police say they are responding to …
Stocks slid on Thursday as Wall Street digested discouraging quarterly reports from megacap technology names and awaited further results. The S&P 500 tumbled 1.86% to finish at 5,705.45. The Nasdaq Composite lost 2.76% to close at 18,095.15. Both indexes posted their biggest one-day declines since Sept. 3. The Dow Jones Industrial Average slid 378.08 points, …
A large fire engulfed a residential building on Corkidi Street in Tel Aviv, prompting an intense response from local firefighters. With seven teams reported working to contain the blaze, the firefighting crews spread across multiple areas, fighting to bring the fire under control and searching for anyone potentially trapped. Authorities have yet to determine the …
Brexit leader Nigel Farage MP has forecast that his Reform UK party can win the next British general election. He told supporters in Birmingham, England, that the party was now consistently gaining new voters, supporters, and activists, will of whom are fed up with the establishment parties.Farage, who was elected into the British parliament earlier …
Wall Street is alarmed??? Please… Main Street is figuring out our financial markets are a casino where regulators, Congress, big banks etc do what they want. And get very rich doing it. This is not even close to a fair fight and if you think politicians on either side of… pic.twitter.com/Rjqw4d8HSr — kristen shaughnessy (@kshaughnessy2) …
TL;DR: The Megabanks Are Winning the Fight Against Stronger Capital Requirements Dimon and McHenry: These two powerful figures, representing JPMorgan Chase and the House Financial Services Committee, respectively, are actively working to weaken proposed capital requirements for large banks. Derivative Risk: Megabanks have a history of risky derivative trading, as evidenced by JPMorgan’s $6.2 billion loss in …
It’s a cycle. 1933; Glass-Steagall Act; passed in 1933 to avoid another major banking crash. 1999; Gramm-Leach-Bliley; repealed Glass-Steagall. 2008; financial crisis & bailouts. 2010; Dodd-Frank. 2018; Economic Growth, Regulatory Relief, Consumer Protection Act; basically repealed Dodd-Frank.
A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital that the largest institutions will need. Introduced in July 2023, the regulatory overhaul known as the Basel Endgame would have boosted capital requirements for the world’s largest banks by roughly …
How can a country with such little diversity have such a low crime rate? We were told that diversity is our strength. I’m walking through a high-volume street in Osaka, Japan and there at least forty bikes out here unlocked and unattended. No one has stolen these bikes and no one seems to be trying. …
https://twitter.com/_/status/1823043554244980891 View post on imgur.com View post on imgur.com h/t @MoonPie
The financial guru who correctly predicted the disastrous Lehman Brothers collapse in 2008 offered a dismal outlook on the future of California. Robert Kiyosaki, the author of Rich Dad Poor Dad, is known for making hyperbolic predictions about the US economy – and this time he has a grim prognosis for the most populous state …
Worries about the economy and a seemingly slow-footed response from the Fed, along with concerns over corporate earnings, dragged markets Monday. Put that against the backdrop of a stock market with high valuation, and it had all the makings of a sell-off waiting to happen. “It’s just a perfect storm of slowing growth, crowded positioning …
Edgar asks Black Americans on the streets of DC who they prefer to be POTUS: Trump or Kamala.
Video has been released showing black male suspect Chad Irish allegedly dragging the covered body of New York City woman Yazmeen Williams. Viral video captured the moment a mob tried to attack the man and police as he was being arrested. https://t.co/RWhQfUU2tu — Andy Ngo (@MrAndyNgo) July 9, 2024 h/t Bloods & Cripples
African migrants selling fake Gucci bags along Canal Street in Chinatown, New York City as a massive migrant caravan arrives in New York City each day.
Cancer is striking more young people, leaving doctors racing to figure out why. “I don’t have a stomach anymore.” https://t.co/PxWGP7uQBv https://t.co/PxWGP7uQBv — The Wall Street Journal (@WSJ) June 30, 2024 Cancer rates among young people have been on the rise, leaving doctors both alarmed and baffled. In the United States, diagnosis rates for cancer in individuals under 50 …
🚨#BREAKING: Emergency personnel are responding to Vehicles on fire and explosions taking place at a street takeover⁰⁰📌#LosAngeles | #California Currently, multiple emergency personnel are responding to a large street takeover in Central City, Los Angeles, California, where… pic.twitter.com/GUy4OyCB1h — R A W S A L E R T S (@rawsalerts) June 29, 2024 Emergency personnel …
