Independent thinking for complex markets and current events
The Supreme Court on Tuesday was sympathetic to a group of Maryland parents who want to be able to opt their elementary-school-aged children out of instruction that includes LGBTQ+ themes. The parents argued that the local school board’s refusal to give them that choice violates their religious beliefs and therefore their constitutional right to freely …
Markets price sub-2% rates with German 2-year falling under 1.7%… Something big just happened in Europe… and almost no one is talking about it. Last week, the ECB cut rates again — their 7th rate cut since last June — and while that made headlines, the real story is what’s happening underneath the surface: 📉 …
Already off to a breathtaking start this year, gold’s price continues to climb. Amid fears of a trade war and the global dedollarization drive, here’s how much higher analysts think it will go… By Peter Reagan Your News to Know rounds up the most important stories about precious metals and the overall economy. This week, …
If your mortgage payment is over $3,000 a month, odds are you can’t actually afford the house. Yeah, you can fake it for a few years: stretch the budget, shift some expenses, maybe dip into savings when things get tight. But the walls close in eventually. The pressure builds. The monthly payment becomes a looming …
DOGE preferentially cancelled grants and contracts to recipients in counties that voted for Harris [OC] byu/airmovingdevice indataisbeautiful Recently, an analysis suggested that the Department of Government Expenditures (DOGE) “preferentially cancelled grants and contracts to recipients in counties that voted for Harris.” While this claim might seem compelling at first, a closer look at the data—specifically …
Gen Z Is The Most Conservative Generation In Decades Because They’re A Victim Of The Left’s Failures. Obama was elected president in 2008 and served for eight years of their lives. The Obama administration was the furthest left in American history (though Obama assiduously sought to hide it) until the Biden administration supplanted it. Those …
Brad Lander’s decision to divest from government bonds is both politically motivated and financially reckless. With the state already sinking under massive debt, New Yorkers are facing a retirement nightmare. NYP: NYC Comptroller Brad Lander accused of ‘divesting’ pension funds from Israel It’s a tale of two investment strategies. New York City Comptroller and mayoral …
by Jesse Colombo Back in December, while much of the country was riding a wave of optimism over Donald Trump’s presidential victory, I warned that we were hurtling toward a recession—and saying that it may have already begun. I also noted that the increasing likelihood of a recession would drive up gold prices—and the recent surge is clear confirmation of …
by Mike Maharrey Every month, we report on the massive budget deficits. Most people yawn and move along. The reality is they don’t view overspending and debt as a big problem. After all, the debt has been growing for decades and nothing bad has happened. But the problem with kicking the can down the road is …
We’re expecting more snow and extremely cold temperatures that can be quite painful. However, there’s good news on the horizon—a warmup is finally coming soon. Hang in there, and soon we’ll be able to enjoy some relief from this harsh winter weather.
🇺🇸 JOE ROGAN: BIDEN IS PUSHING US TOWARD NUCLEAR WAR "[Russia] fired an intercontinental ballistic missile for the first time ever. F*cking insanity, because those intercontinental ballistic missiles can have nukes on them." Source: @JoeRogan, @CollinRugg pic.twitter.com/aipXhzRQHl — Mario Nawfal (@MarioNawfal) November 22, 2024
US semiconductor giant Intel said it would expand its chip packaging and testing base in Chengdu, in a show of commitment to the mainland market despite a recent call by a Beijing-backed cybersecurity group to review the company’s products. In addition to enlarging packaging and testing capacity for server chips, the facility will also establish a “customer …
by Michael Months of negotiations have proved fruitless, and it appears that we really are about to get a “full-fledged war” in the Middle East. Sadly, I don’t think that any of the parties involved have really thought this through. Both sides have been arming themselves to the teeth since the last war ended in …
Imprisoned for 2 months merely for posting the words “coming to a town near you” alongside images of Muslim men on Facebook. UK is lost. British people will come to regret it if the Muslim population reaches 28%, as Sharia law will be imposed, overriding British laws, regardless of whether they like it or not. …
The Massachusetts House of Representatives unanimously passed legislation recently to update state law and remove barriers preventing some LGBTQ+ families and those who use alternative methods of reproduction from establishing legal parenthood. Here are the key points: Purpose of the Bill: The bill aims to ensure that all parents, whether biological or not, are recognized …
About 98 feet in diametric measurements, the asteroid whose size is approximately of a commercial airliner, is on a route which will bring it within the radius of 18,00,000 miles of the Earth, according to a report by The Times of India. The day whe… Read more at: https://www.deccanherald.com/science/space/plane-sized-asteroid-approaching-earth-warns-nasa-report-3068019
This week, we learned: • The United States plans to issue a bond backed by profits from frozen Russian assets. • Russia has seized €700 million of assets from three Western banks. • Russia and Iran are collaborating on creating a single BRICS currency. • Putin and Xi… pic.twitter.com/LqrXx9VMXv — Gold Telegraph ⚡ (@GoldTelegraph_) May …
The public has a right to hear the transcript. President Joe Biden has blocked the release of audio recordings of his interviews with the special counsel who investigated his handling of classified documents, per FT — unusual_whales (@unusual_whales) May 16, 2024 In a dramatic turn of events, a House panel has escalated tensions by advancing …
The political landscape of San Francisco is undergoing a significant transformation, driven by the shifting attitudes of Chinese-Americans. Concerns over anti-Asian violence, education policies, and street homelessness have propelled this community toward more moderate political positions, influencing recent voting patterns and shaping the upcoming mayoral race. Key Points: Chinese-Americans in San Francisco are shifting away …
How Singaporean Flagged ship Dali changes course, appears to slow down as it approaches Baltimore’s Francis Scott Key Bridge before crashing there is a simulated video here that shows the path of the ship Shocking tracking video reveals how the Dali container ship changed course and appeared to slow down as it seemingly lost power …
via Matthew Piepenburg In this engaging, 30-minute conversation, VON GREYERZ partner, Matthew Piepenburg, sits down with Liberty Finance’s Elijah Johnson to discuss Gold’s recent surpassing of the 2100 (USD) marker in the backdrop of an S&P totally disconnected from global and national economic warning signs. For Piepenburg, such price action in gold is no surprise, and in …
China sends several warplanes, navy ships toward Taiwan after U.S.-China talksSource: Fox News To read more, click the image below. https://t.co/g9yMczqjva — AOL.com (@AOL) January 28, 2024 China likely to demonstrate “force against Taiwan in the near term,” said the head of U.S. Indo-Pacific Command. We could be seeing that now. 10 things you may …
https://www.youtube.com/watch?v=FlqBxgxr-E4 “North Korea has fired more than 200 rounds of artillery shells off its west coast, towards the South’s Yeonpyeong island, Seoul’s military has said. The South has condemned the move, calling it a “provocative act”. The artillery shells fired on Friday, between 09:00 to 11:00 local time (00:00 to 02:00 GMT) did not enter …
US govt:~$5 trillion total rev all sources~$2.5 trillion of that is personal income taxes~$1 trillion annual interest on the debt. This is crazy to think about. When you look at your paycheck info, and you see that amount taken out for Federal income taxes … 40% of it is… https://t.co/OCPDzSgYnR — Wall Street Mav (@WallStreetMav) …
Bank of Japan’s paper loss on JGB holdings grows to record $71bn Higher rates could erode finances if central bank moves toward easing exit TOKYO — The Bank of Japan’s unrealized losses on its Japanese government bond holdings swelled to 10.5 trillion yen ($71.2 billion) at the end of September, according to financial statements released …
As we approach the new year, a shift toward credit risk is expected, replacing interest-rate concerns, according to Mohamed El-Erian. The recent steep drop in October’s Producer Price Index (PPI), the largest since April 2020 during the Covid lockdown, heightens worries. Fitch predicts ongoing challenges for US regional banks in 2024, and with earning trends …
The recent $185 billion bank bailout in Switzerland has raised eyebrows as the country now contemplates a concerning measure: potentially restricting bank withdrawals to prevent a mass exodus of depositors during future financial crises. This move reflects the growing challenges in the global financial system, where authorities grapple with the notion that banks are becoming …
This is proof that she will say anything for a buck. h/t j_stars
