Independent thinking for complex markets and current events
CNBC “I firmly believe that nothing is more transient than a supply shock, and we can, we can look through that, because before the Iranian conflict began, core inflation was coming down,” Bessent told CNBC’s Joe Kernen from the sidelines of President Donald Trump’s summit with his Chinese counterpart, Xi Jinping. “So I think core …
via Will Schryver They will blow the whole wad on one last attempt to turn the tide of affairs. I believe there is a coalescing faction in Washington that is pushing to get out of this war without further delay. Militarily, it is a lost cause. Yes, I understand how many people think I’m nuts for …
STREAMING: Sheriff Nate Brooksby speaks about Washington County’s involvement in arrest of Tyler Robinson in Charlie Kirk assassination. Assassin was en route to ‘remote part of Washington County’ to commit suicide. More details have emerged about how alleged Charlie Kirk assassin Tyler Robinson was turned over to police while the manhunt for a suspect ensued. …
China’s delegation on Sunday described a meeting with US officials in Geneva as “candid, in-depth and constructive”, after two days of bargaining in Switzerland following President Donald Trump imposing steep tariffs and Beijing retaliating.
Small caps have seen substantial downside earnings revisions this year. pic.twitter.com/yOyoCRjzHy — Piker Capital (@PikerCapital) July 18, 2024 Earlier this week, 72% of Small Cap Stocks were trading above their 200D moving average, the most in 3 years pic.twitter.com/6SLq3pFIJw — Barchart (@Barchart) July 19, 2024
Trump Media plunges more than 25% after company reports net loss of $58 million in 2023 The share price of Trump Media plunged Monday after the social media app company closely tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & …
https://tradingeconomics.com/united-states/durable-goods-orders Signs that the economy is slowing down. Fed plan is working, now they have to thread the needle on when to start lowering rates to balance out inflation. h/t Aegidius25
Intriguing insights from weather models focus on precipitable water, a key variable showcasing moisture plumes like an atmospheric river targeting Southern California. This meteorological phenomenon involves mountains wringing out the moisture, especially as it encounters slower speeds at higher elevations. The current weather outlook, as depicted by the experimental RRFS-A model, indicates another anticipated 2-3 …
Surprise surprise – Taylor Swift has *massive* financial ties to George Soros and Alex Soros Now do you see how she’s become a political weapon for the Democrat agenda? Props to @LauraLoomer for digging up these receipts https://t.co/o8zXwMndo1 — DC_Draino (@DC_Draino) December 6, 2023
Recent reports have sparked concerns as multiple indicators paint a grim picture for the economy. In line with JP Morgan’s data, hedge funds are observed to be drastically reducing their long exposure, reflecting an unprecedented level of caution in financial markets. Meanwhile, the trucking and freight industries are showing signs of a severe downturn. With …
“Over 60,000 realtors have left the industry over the last 6 months, according to data from the National Association of Realtors” “Tens of thousands of real estate agents are giving up on the profession, thinning their pandemic-era ranks as the housing market comes back to earth. Why it matters: Realtors are on the ground floor of …
The dam is about to break on Ukraine. Comer: FBI Doc Alleges ‘Business Person from Ukraine‘ Sent ‘Substantial Bribe‘ to VP Biden https://t.co/lfBXDBiInT via @BreitbartNews — Scott Adams (@ScottAdamsSays) June 8, 2023 via breitbart: The FBI’s informant file of a $5 million bribery scheme allegedly linked to President Joe Biden concerns the family’s business deals …
via entrepreneur: Three people were arrested on felony charges last week for their alleged involvement in a “substantial food stamp fraud ring.” The scheme is responsible for stealing $4 million in purchases from Sam’s Club stores by illegally obtaining data from 8,000 electronic benefit transfers (EBT) cardholders, which are used by people who are involved …