Independent thinking for complex markets and current events
Indian Point nuclear shutdown in 2020 caused big rise in fossil fuel power. City now faces power issues during heat waves. Post mocks left wing energy policies as failed collectivism. Links to tweet showing the connection. Highlights irony in green policies hurting reliability. Anti nuclear push by Democrats created exactly the energy shortages they now …
Berkshire’s earnings slump sends silent warning to euphoric market. Berkshire Hathaway Q2 operating earnings -3.8% Y/Y, cash pile slips to $344.09B pic.twitter.com/4D6811x5qU — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) August 2, 2025 BREAKING 🚨: Berkshire Hathaway Buffett might have to cancel his retirement! $BRK.A now underperforming the S&P 500 by 26 percentage points since his …
U.S. Dollar is now used in nearly 50% of global payments, the highest level in more than 12 years 🚨 Euro not so much… pic.twitter.com/sCJ3lFiPQq — Barchart (@Barchart) May 29, 2025 The U.S. dollar has reached its highest level in global payments in more than 12 years, now accounting for nearly 50 percent of all …
Germany’s unemployment rate has surged to its highest level in a decade, reflecting the deepening struggles of Europe’s largest economy. The latest data from the Federal Employment Agency confirms that 2.96 million Germans are now unemployed, marking an increase of 34,000 in May alone. This is not just another slow month for the job market. …
The Fed has wrecked our financial markets: secured overnight financing is now almost triple where it was pre-pandemic and this essentially must keep increasing or things will start to break; the Fed is barely able to hold its house of cards together… pic.twitter.com/5q1AFbyxIu — E.J. Antoni, Ph.D. (@RealEJAntoni) May 6, 2025
THE PROBLEM, AS OUTLINED BY DATA REPUBLICAN: The Left is structured as a network of NGOs: ruthlessly efficient and ready to act the moment power changes hands. The Right has no equivalent infrastructure. If I sit down and ask myself, “How would I start an NGO to implement a conservative agenda in D.C.?” … I …
Something is VERY wrong in America Elderly server is in her 70’s “and she can hardly walk” The table next to this woman asked “why she was still working,” she said “she only makes $910 a month on social security. And she has to still work because her bills exceed $910 a month.” pic.twitter.com/o7ay5DTNwt — …
The bond market just sent another chilling signal. The latest 7-year Treasury auction was a disaster, exposing the ugly reality of collapsing foreign demand for U.S. debt. The numbers don’t lie. The auction tailed for the first time since August 2024, with a high yield of 4.233%—a clear sign that investors are demanding higher returns …
Is this what I think it is? The AI bubble losing air? — Berm (@BryanDu40529739) January 22, 2025 The partnership with OpenAI, once a beacon of innovation and promise, now stands as a double-edged sword, its financial demands growing ever more insatiable.
1. As of today, $ALLY is exiting its mortgage origination business. — Unicus (@UnicusResearch) January 9, 2025 3. Burdened by mortgages made to borrowers with shoddy credit, $Ally began reporting losses in 2007 that reached $10.3 billion in 2009. The U.S. engineered the bailout to ensure that money kept flowing to the auto industry and …
1/ Look at this chart. 🇨🇦 job vacancies have plummeted to 572k in Q3 2024, a staggering 44.5% drop from the Q2 2022 peak. This is the lowest vacancy level since 2021. pic.twitter.com/9baBZ5yFht — Shazi (@ShaziGoalie) December 23, 2024 3/ Employers aren’t just hiring less; 🇨🇦 labor demand is shrinking outright. Total jobs (filled + …
https://twitter.com/MXAddict/status/1867588810462171277 Over 1,800 CEOs have resigned in 2024, making this the highest year of CEO exits on record #MacroEdge — MacroEdge (@MacroEdgeRes) December 13, 2024
2/7The FT continues: "Beijing has long fought against the “Japanification” of its economy, and has made huge investments in its high-tech, green and electric vehicle sectors with the goal of boosting long-term growth." What isn't said is that this was also Japan's strategy. — Michael Pettis (@michaelxpettis) November 29, 2024 4/7At the time Japan dominated …
Joe Biden on Monday participated in the annual Thanksgiving turkey pardon ceremony at the White House. Biden struggled to read his teleprompter as he pardoned two turkeys from Minnesota, “Peach” and “Blossom.” Of course, he botched his remarks and insulted Midwesterners Biden, struggling to read from his teleprompter at the annual turkey pardon, botches the …
NVIDIA is the largest member in the Semiconductor industry and is at a new all-time high, but breadth for the industry is weakening aggressively … only 35% of members are trading above their 200-day moving average (a 1-year low) NVIDIA is the largest member in the Semiconductor industry and is at a new all-time high, …
It’s true. It’s all true! OhMy ……Gen X vs. everyone: The hilarious struggles of being the ‘red-headed stepchild’ of generations – Wickedly News https://t.co/bzBNQDd4nh — Thunder Soup (@SoupThunder) October 14, 2024 1. Dial-Up Patience vs. Instant Gratification Showdown 2. Music: From Mixtapes to Spotify Playlists 3. The Social Media Struggle: Being Too Cool for Facebook …
Yunnan was once again hit by disaster as a severe hailstorm wreaked havoc on October 14, 2024. This wasn’t an ordinary storm; huge hailstones, likened to billiard balls, crashed down, leaving vehicles and rooftops in shambles. The sheer size of the hailstones contributed to the widespread damage, with entire streets flooded and rendered impassable. The …
Hui Ka Yan, chairman of China Evergrande Group, has been moved to a special detention center in Shenzhen, as the property giant faces a crisis. He has not been publicly seen since his detention a year ago. Evergrande’s liquidation and securities fraud scandals highlight China’s property sector’s troubles Despite his previous status as China’s richest …
https://twitter.com/SCRIBEMOON/status/1813807865356014042
It’s quite an unusual move! Swiss bank UBS, along with its brokers at JLL, has listed a nearly 1 million-square-foot Midtown office building at 135 West 50th Street for sale on the online auction platform Ten-X. Here are the key details: Building: The 920,000-square-foot property is a Class A building constructed in the 1960s. Ownership: UBS owns …
Narrative about adolescent gender dysphoria, & the lie that kids must be transed or will kill themselves, is crumbling. Yet another study (2nd in 10 days) now reveals that yes, as we knew, these kids are struggling with a mental health issue instead. Cue the malpractice suits pic.twitter.com/4rqvsAJqmO — Sarah Parshall Perry (@SarahPPerry) April 9, …
Credit card interest rates just hit a new record high in Feb – American families are paying over $240 billion a year just in interest on this debt, before a single dime goes to paying down the principal: pic.twitter.com/N6UxBnyZcl — E.J. Antoni, Ph.D. (@RealEJAntoni) April 6, 2024 https://twitter.com/WallStreetSilv/status/1776411944087384164 https://twitter.com/StealthQE4/status/1776409323754729972 "Can someone explain to me why …
Macron can barely get his own country under control but he’d love to send French youth into some Ukrainian meat grinder. And for what? He’d be humiliated like Napoleon. https://t.co/5A31Euvr4C — Ian Miles Cheong (@ianmiles) March 18, 2024 France: after the threat of a nuclear war with Russia, now we have Racial riots AGAIN in …
THEY WENT WOKE AND YOU KNOW THE REST: Victoria’s Secret Falls Most Ever in Faltering Turnaround. Underscoring the retailer’s struggle to gain relevance with customers, the company said Wednesday it expects net sales of $6 billion this year, weaker than last year. Thursday’s share decline is Victoria’s Secret’s largest since its July 2021 initial public offering, …
Banking rollercoaster: From denial to acknowledgment, uncertainty surrounds likelihood of commercial bank failures. Real estate magnate Barry Sternlicht has sounded the alarm on the challenges facing the commercial real estate (CRE) sector, particularly the office market, labeling it an “existential crisis.” Sternlicht estimates that the $3 trillion asset class is now likely worth around $1.8 …
MSNBC goes to a black barbershop: “We’re broke with Biden… we weren’t with Trump… With Trump, we had money” Their not wrong.It's not that complicated.The media wants it complicated…but it's not. — floridanow1 (@floridanow1) February 3, 2024
In a breaking video, a top White House cyber official, speaking to James O’Keefe in disguise, reveals behind-the-scenes concerns about President Joe Biden’s mental decline. The official discloses, “Biden is definitely slowing down,” and expresses worries the White House wants to replace Vice President Kamala Harris. While the official acknowledges the sensitivity of these concerns, …
As of right now, a nowcast from @MacrobondF citing Econforecasting points to GDP growth of only 1% in Q4. and 0.8% through 2 weeks of January. Will be interesting to see how this model moves as we move through Q1 pic.twitter.com/lD8pkjxfkf — Longview Economics (@Lvieweconomics) January 15, 2024 As we delve into the economic landscape, …
The recent decline in China’s Shanghai Composite Index, plummeting below 2,900 and marking a 15% drop from its April peak, raises concerns about the nation’s structural challenges. This significant 28% performance gap when compared to the MSCI World Index (USD) since April underscores a deeper issue at play. While psychological explanations for economic conditions are …
https://twitter.com/WallStreetSilv/status/1739098861493223542