Independent thinking for complex markets and current events
This right here is exactly why Americans have lost faith in the government. A senior DHS official openly admitting that unelected bureaucrats decide what orders get followed? That’s the deep state in plain sight. These people think they’re above elected leadership, above accountability, above the very system that pays their salaries. They don’t answer to …
Trump signed an executive order directing officials to create a sovereign wealth fund for the U.S. But the U.S. is $36.5 trillion in debt. Doesn't it make sense to pay that debt off first, as it's a guaranteed return? Otherwise, the sovereign wealth fund will be highly leveraged. — Peter Schiff (@PeterSchiff) February 3, 2025 …
To make America great again one thing we need to do is transition from an income-based tax system to a consumption-based tax system. Tariffs tax consumption. Since you get less of what you tax, tariffs reduce consumption. So, in the short run that means a severe U.S. recession. — Peter Schiff (@PeterSchiff) February 3, 2025 …
$DECK bought HOKA in 2012 for ~$1.1M. A decade later, Deckers Brands have grown HOKA’s revenue from less than $3M to over $2.2B (LTM). That’s a ~700x increase. byu/IAmNotAnEconomist inFluentInFinance
A $1 trillion cut is no joke—this isn’t just theory. It’s a promise to the American people, one that could shake up the entire economy. Let’s see if the powers that be are willing to back it up. NEW: Elon Musk says he thinks he can reduce the deficit by $1 Trillion next year, says …
She has an easy solution here. Marry the finance boyfriend, live on his income and use her nursing salary to pay off the debt. Done in less than 2 years. She can be debt free and pregnant by 30 if she hustles here — Amy Nixon (@texasrunnerDFW) February 2, 2025 That’s not a loan—it’s a …
BOSS GREAT WALL: THE GALAXY CLUSTER THAT DWARFS THE UNIVERSE Astronomers have unveiled the BOSS Great Wall, a colossal galaxy supercluster spanning 1 billion light-years, crowned as the largest structure in the known universe. Composed of 830 galaxies linked by fiery filaments of hot gas, this cosmic titan is 10,000 times the mass of the …
Please stop calling them “far right”. That’s a Reuters talking point. — Ian Miles Cheong (@ianmiles) December 20, 2024 It's amazing if you think about what they're saying. Blaming Russian influence on the need for canceling the election is really saying you're not allowed to get information from non approved sources. — Lord Business (Alpha …
Biggest selling wave of the year — 483 S&P Stocks down on the day. Second highest was August 5 at 481. Deterioration began a week ago. Slowly, then all at once — that's how this game works. pic.twitter.com/G7AFPNgiuW — Macro Charts (@MacroCharts) December 18, 2024 Regarding today's broad market sell-off, it's yet another sign that …
People call me "NostraThomas" for accurately predicting @SpeakerJohnson would use the Christmas recess to force a massive spending bill through Congress. After claiming he would not, Johnson is embracing a D.C. tradition that's nearly as old as decorating Christmas trees. pic.twitter.com/TRd1ZiCXtc — Thomas Massie (@RepThomasMassie) December 18, 2024 I wanted to read the full 1,500+ …
YouTube TV Raises Price 14%, to $83 per Month, Citing ‘Rising Cost of Content.’ YouTube TV is getting more expensive — outpacing the rate of inflation — with a 14% price increase for the streaming pay-TV package going into effect for new customers immediately. The cost of a new YouTube TV base plan subscription is …
There were more declining than advancing stocks in the S&P 500 every day this week. Yet the index hit a record high four times. Since 1928, this is the first time that's ever happened. pic.twitter.com/gvGhruZ1cw — Jason Goepfert (@jasongoepfert) December 6, 2024 US Stocks are now trading at over 22x forward earnings versus 14x for …
Found pricing between $20K-$30K… Well that’s the best Christmas Present… ever… Optimus is coming to town…pic.twitter.com/dYGu9fD8f7 — Mario Nawfal (@MarioNawfal) November 23, 2024 h/t MT Ballsack
Does the mayor understand that its up to 20 years he talking about? Thats just for conspiring to stop federal agents. If he actually tries its obstruction insurrection and a probably a few others crimes. pic.twitter.com/3a1w6Kz0fl — MostlyHarmless (@harmless_human) November 26, 2024 Sean Hannity: Tom, you heard this mayor out there in Colorado. I want to …
After this mayor found out about the very inappropriate books given to kids, he came to the school board meeting and made sure to set things straight. Would be great if this was REAL. But… oh wait… it is real. https://www.nbcnews.com/news/us-news/essentially-child-pornography-ohio-mayor-asks-school-board-resign-over-n1279277 The mayor of Hudson, Ohio, is calling for the resignation of the entire Board …
The US Treasury Department on Friday reported that Washington’s debt interest-cost burden has climbed to a 28-year high, a combination of massive budget deficits and higher interest rates. “I’m very worried about the lack of fiscal space and also whether worries about inflation might lead to suboptimal decisions about the fiscal response to a big …
BlackRock’s assets hit record $11.5 trillion amid private market push Oct 11 (Reuters) – BlackRock’s (BLK.N), opens new tab assets under management hit a record high for the third straight quarter as a U.S. stock market rally boosted inflows, while the world’s largest asset manager continued a push to expand its footprint in private markets. …
And this is why legacy media is tanking. h/t NextDoorJimmy
Hurricane expert breaks down on live TV as he talks about the strengthening of Hurricane Milton that’s projected to make landfall on Florida, Wednesday night, local time. byu/itsaride inPublicFreakout
August, 2020. Joe Biden explains that if his administration just rolls back all of Trump's border security policies, there is a good chance it will cause a border crisis. That's exactly what they did. pic.twitter.com/fZmfYuCh7O — MAZE (@mazemoore) October 8, 2024 Yep! Kamala wants to bring from Lebanon too. WTH? pic.twitter.com/fWT7ZXKLWJ — Sarita (@Saritaregresa) October …
China's Shanghai Composite index just soared over 8% today ALONE. This puts the index up over 20% in 5 days, more than DOUBLE the average S&P 500 ANNUAL return. This would be like the S&P 500 going from 5,000 to 6,000 in one week. Truly unprecedented. pic.twitter.com/NcuzPA0o9s — The Kobeissi Letter (@KobeissiLetter) September 30, 2024 …
We keep hearing that "foreign countries are dumping US Treasurys" That's simply not true, in the aggregate, as this chart by @wolfofwolfst shows Sure, China is selling. And Japan isn't buying much But the rest of the world still is Don't rely headlines & do your homework pic.twitter.com/PJwzvXGmyN — Adam Taggart (@adamtaggart) September 25, 2024
SB344 – TO REQUIRE POSTING OF A WRITTEN NOTICE THAT ATTACKING A HEALTHCARE PROFESSIONAL IS A FELONY; AND TO ALLOW A HEALTHCARE PROFESSIONAL TO USE A WORK ADDRESS WHEN REPORTING CERTAIN OFFENSES. https://www.arkleg.state.ar.us/Bills/Detail?id=SB344&ddBienniumSession=2023%2F2023R#:~:text=SB344%20-%20TO%20REQUIRE%20POSTING%20OF,ADDRESS%20WHEN%20REPORTING%20CERTAIN%20OFFENSES h/t Heavensfriend
The Shelter Consumer Price Index (CPI) has indeed increased by 5.2%, marking the 29th consecutive month of housing inflation above 5%. This is the longest period of elevated housing inflation since the early 1980s. Rising shelter costs continue to be a significant factor in overall inflation, impacting affordability for many households. h/t Perfect_Alarm_2141
Last night BOJ governor Ueda reiterated that the BOJ is going to continue tightening. That's when S&P futures tanked and commodities imploded.https://t.co/Y7gNh1xJH6 pic.twitter.com/YxZFnhbOW0 — Mac10 (@SuburbanDrone) September 3, 2024 Bank of Japan Governor Kazuo Ueda submitted a document to a government panel suggesting that the central bank will continue to raise interest rates if the …
The Chinese yuan has recouped much of its losses against the dollar in August, sitting around 7.09 yuan to the dollar, after steadily weakening for much of the year. The gains have been aided by Chinese leader Xi Jinping’s calls for a strong currency and policymakers trying to nudge Chinese government bond rates higher. Though …
by confoundedinterest17 That’s Biden/Harrisnomics! US Leading Economic Indicators down for their 29th straight month – at a level worse than the trough of COVID lockdowns… …and the head of The Conference Board says ‘nothing to see here’… “The LEI continues to fall on a month-over-month basis, but the six-month annual growth rate no longer signals …
Xi Van Fleet has been warning of the Marxist infiltration in the education system for years now! Worth a watch. https://t.co/814OLArg6T — Uncommon Sense (@Uncommonsince76) August 13, 2024 🚨 Did this Washington Post “reporter” just ask @PressSec if the Biden regime could INTERVENE and stop Trump’s interview with @elonmusk on 𝕏?! “I think that misinformation …
Authored by Charles Hugh-Smith via oftwominds, The global economy is toast. All that’s left is the distribution of the burned bits. The six one-offs that drove growth and pulled the global economy out of bubble-bust recessions for the past 30 years have all reversed or dissipated. Absent these one-off drivers, the global economy is stumbling off …
Authored by Charles Hugh-Smith via oftwominds, Mimicry of intelligence isn’t intelligence, and so while AI mimicry is a powerful tool, it isn’t intelligent. The mythology of Technology has a special altar for AI, artificial intelligence, which is reverently worshiped as the source of astonishing cost reductions (as human labor is replaced by AI) and the …