Independent thinking for complex markets and current events
To free much-needed room in shelters, the state of Illinois is helping cover costs for temporary housing for migrants, including $9,000 in rental assistance over a six-month period, Chicago’s deputy chief of staff Cristina Pacione-Zayas told Fox32. The funds include assistance with moving costs and a starter kit to furnish apartments. The city has allocated …
by Chris Black I am not surprised. At all. Are you? Israeli soldiers "undoubtedly" shot Israeli civilians, survivor of kibbutz raid says in explosive interview Israeli forces "eliminated everyone, including the hostages,” said Yasmin Porat, who had fled the nearby Nova rave By @davidsheen & @AliAbunimah https://t.co/ruQX4tMVyr pic.twitter.com/dm3hiWQct5 — Max Blumenthal (@MaxBlumenthal) October 16, 2023 …
by TonyLiberty Hedge Funds will now be forced to reveal their short positions by the SEC. The new SEC rules will require institutional investors to report their gross short positions to the agency monthly and certain “net” short activity for individual dates on which trades settle. The SEC plans to then publish aggregate stock-specific data …
via reuters: Banking industry is assessing China exposures Review of risks sent to Western governments – UK Finance Bank boards discuss possible impact of any China curbs – bankers Lawyers receive surge in calls for mitigation advice West-China tensions have put banks on alert LONDON, Oct 13 (Reuters) – Big banks in Britain are preparing …
by TonyLiberty The largest US Banks are facing their worst Bad loan write-offs in 3 years. (Bad loan write-offs are loans that banks have given up on collecting. When a bank writes off a loan, it takes the loss on its balance sheet) The increase in bad loan write-offs is a sign that credit quality …
Investment Grade Corporate Bond ETFs experienced their 2nd highest monthly outflows in history last month 👀😱 pic.twitter.com/kIch4yy52b — Barchart (@Barchart) October 12, 2023 Fed governor Chris Waller compares the run-up in Treasury yields to the bank stress events from March. The Fed dialed back planned hikes after the SVB-initiated bank stress. "Now, once again, financial …
Dazzling lack of self awareness Still wearing his ‘office’ uniform John Fetterman should look in the mirror: "America is not sending their best and brightest to Washington DC." pic.twitter.com/JQ0U3lajmS — Citizen Free Press (@CitizenFreePres) October 12, 2023 AC
John Kirby’s acknowledgment that U.S. funding for Ukraine is running out raises concerns about the country’s support. This might suggest a shift in U.S. priorities, with potential implications for Ukraine’s situation in the global context. 🔥MASSIVE🔥 John Kirby admits that funding for Ukraine “is coming to the end of the rope”. It appears the US …
DFW rents are now negative y/y, when I get my lease renewal and see the increase, I'ma tell them to f'uck off and move to one of the many apartments offering much lower rates. — goldenkazeburny (@goldenkazeburny) October 7, 2023
Emerging Market Stocks have fallen to their lowest valuation relative to the S&P 500 in AT LEAST 36 years pic.twitter.com/QrwRdszRl7 — Barchart (@Barchart) October 11, 2023
50% of young adults are living with their parents, an all time high per Morgan Stanley pic.twitter.com/VYKjkML6WH — Win Smart, CFA (@WinfieldSmart) October 9, 2023 The “it’s not a recession” argument hinges on one number: 3.8% unemployment. But it turns out counting missing workers takes unemployment to almost 7%. While almost half of new jobs …
BREAKING: Israel’s National Security Minister Itamar Ben-Gvir just axed a ton of #guncontrol for the security of their free state. TRANSLATION BELOW ⤵️ Today I directed the Firearms Licensing Division to go on an emergency operation, in order to allow as many citizens as… https://t.co/HT0LmR3H1Q — Aidan Johnston (@RealGunLobbyist) October 8, 2023 הנחתי היום את …
Breaking News Israel: US weapons left behind in Afghanistan used to attack Israel. A high-ranking Israel Defense Forces (IDF) commander said US weapons left in Afghanistan by the Biden administration were found in the hands of Palestinian groups active in the Gaza Strip. The… pic.twitter.com/AHCYpEIkcO — Jim Ferguson (@JimFergusonUK) October 8, 2023 🔥🚨DEVELOPING: Middle East …
The cost of health insurance premiums in the US has significantly increased, from $6,000 in 2000 to $21,000 in 2022, outpacing inflation. The average US family health insurance premium has increased from $6,000 in 2000 to $21,000 in 2022. That’s a 249% increase, or 5.8% per year, more than double inflation. The biggest beneficiaries of …
The jump in various food commodity prices is not entirely due to inflation. However, rising food prices certainly are contributing to the ongoing issue. It truly is a unique time to be an investor/trader. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 5, 2023 https://t.co/sLpTGRJBZU — Win …
They overpaid for their inventory They have some used cars priced higher than new ones. Stock down 11% since last Thursday h/t CharlieFoxtrot
I have rarely seen evil in as pure a form as Yoel Roth and Kara Swisher’s heart is filled with seething hate. I regard their dislike of me as a compliment. — Elon Musk (@elonmusk) October 3, 2023
It’s broken. We need to fix it,” Clinton said, adding that the law “doesn’t make any sense.” They ought to work,” Clinton said. “They need to begin working, paying taxes and paying their way. Most of these people have no interest in being on welfare.” They come here, and we’re supposed to shelter people who …
Speech by Mr Agustín Carstens, General Manager of the BIS Snippet from his speech “Cash use is declining.1 Users are increasingly demanding new forms of money. Advances in digital services are highlighting shortcomings in existing systems, while raising expectations about what money should do. People want their money to be digital and programmable. They want …
With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 trillion in credit card debt, coupled with record-high interest rates of 25%, underscores the growing …
via geofinancialnews: Declining credit quality metrics in Commercial real estate lending pushed several banks to reduce their exposures to the sector by offloading loans related to the asset class, particularly office loans, in the second quarter. US banks’ commercial real estate loan portfolios showed signs of increasing stress During the second quarter, the net charge-off …
Truckload carriers continue to exit the market at their fastest pace in over 5-years. Still a lot of capacity relative to demand, but as spot rates remain low and fuel costs rise, carrier exits show no signs of slowing down. pic.twitter.com/ckJqGPxIYT — Luke (@LukeFalasca) September 27, 2023
Cost-of-Living Stress Fuels Crime Wave in Australia, New Zealand (Bloomberg) — A man strolls out of a New Zealand supermarket carrying bags stuffed with nine stolen legs of lamb. Another pushes out a shopping cart stacked with NZ$1,500 ($896) of pilfered corned beef and mayonnaise. Yet another smashes a security guard in the face with …
“Most of these buildings have mortgages with interest rates of less than 4%,” he said. “Now the Fed has raised rates to 5.5% terminal rate, which means these mortgages are going to be refinanced at 9% to 11%." Read more: https://t.co/yPg1zgXsR9 — unusual_whales (@unusual_whales) September 27, 2023 US housing affordability is worse today than the …
🇷🇺 Elon Musk is 100% correct to point out that Putin’s concern over Nazism in Ukraine is not “Russian disinformation.” https://t.co/bLmIyKwi7x — Jackson Hinkle 🇺🇸 (@jacksonhinklle) September 26, 2023 🇨🇦 Canada must be de-Nazified pic.twitter.com/a4XerYZDkp — Jackson Hinkle 🇺🇸 (@jacksonhinklle) September 27, 2023 In every bad news, there is a good news. After #NaziGate the …
Democrat Senator Menendez, wife indicted on bribe charges as probe finds $100,000 in gold bars, prosecutors say – 2nd in 8 years NEW YORK (AP) — Sen. Bob Menendez was charged Friday with secretly aiding the authoritarian regime of Egypt in exchange for gold bars and hundreds of thousands of dollars in cash as prosecutors unsealed a …
‘Go to Hell’: MEP Christine Anderson Delivers Damning Message to the Global Tyrants “If you do not unequivocally stand with the people … you have no place in any parliament or in any government. You belong behind bars. You may even rot in hell for all I care at this point… pic.twitter.com/4sOVrr9CgC — The Vigilant …
via naturalnews: While the majority of American workers are not worried about being replaced by rapidly advancing technology, a poll has revealed that the number of those who fear a trend has risen to its fastest rate ever. The Gallup Poll, which started in 2017, showed that fear of becoming obsolete (FOBO) has grown more in the …
LOL: Bob McManus: New York’s very serious City Council never fails to take up our most pressing issues… right? When the New York City Council gets its way, and Manhattan’s Columbus Avenue becomes Indigenous Boulevard, no more 1-year-olds will die of fentanyl poisoning at drug-front day-care centers in The Bronx. Right? Because everybody knows that the …
Think $5/gal gas is expensive? Climate-tard Democrats want you to pay even more to fund their climate change delusion based on Algore junk science fueled by their schizophrenia. California is suing Big Oil for lying about climate change. We're taking five major oil companies to court for wreaking havoc on our planet and lying to …