Independent thinking for complex markets and current events
More homes are for sale. Prices are down. But nobody’s buying. Because the Fed trapped 40 million mortgages in cheap Covid rates so selling would double their payment. Jerome Powell should have cut rates years ago. Instead, he’s letting them rise, which will make the housing… https://t.co/dfgJVAxegv — Wall Street Mav (@WallStreetMav) March 24, 2026 …
This apartment is rent stabilized at $985 a month in Flatbush. Because of a 2019 law that Mamdani supports, they can't raise rents after bringing this apartment up to code so they can't afford to/are going bankrupt. This is the consequence of the very policies the Mayor supports https://t.co/G7t2YoJWU6 — Sean Fitzgerald (Actual Justice Warrior) …
When wildlife researchers and members of the Heiltsuk First Nation set up video cameras to investigate why crab traps were being damaged and raided, they made a remarkable discovery that astounded even the most experienced researchers. The cameras captured a sea wolf emerging from the water with a buoy hanging from its mouth. Aaron McArthur …
WALL STREET SHOCKER: MOST U.S. STOCK TRADING NOW HAPPENS IN THE SHADOWS — NOT ON EXCHANGES For the first time in history, more than half of U.S. stock trading is happening off the public exchanges — funneled into dark pools and internal trading desks of major Wall Street firms. — First Squawk (@FirstSquawk) October 25, …
The American economy is suffocating under a mountain of debt so vast that traditional monetary tools no longer work the way they used to. Interest rate hikes? They barely move the needle now. We’ve entered a stage where the sheer size of the national balance sheet has paralyzed policymakers. The old playbook is useless. We …
China didn’t just become a global powerhouse by chance. It climbed the economic ladder by studying and replicating what the West built through generations of risk-taking, innovation, and painful trial and error. It offered up a billion people willing to work for a fraction of Western wages, and Wall Street jumped at the chance to …
As seen in the chart below, US technology funds have seen historic outflows over the last month. With over $5 billion of outflows since October 1st, this is more than DOUBLE the outflows seen at the start of the 2022 bear market. Despite record highs, we have record selling. pic.twitter.com/KcMjrtv3VV — The Kobeissi Letter (@KobeissiLetter) …
A massive fire occurred at 61 Water St in Middlesex, New Jersey, trapping residents and causing significant damage. Firefighters responded to the scene, and reported rescues were made using ground ladders during the intense fire. According to local reports, two officers and one civilian were taken to the hospital. The situation is still unfolding, and authorities are actively addressing the …
A Tesla in Arizona died and in the process trapped a toddler in the hot car. Firefighters had to break the window of the vehicle to get the child out as quickly as possible. The incident highlights the danger to those who own vehicles with electronic door releases. Automotive technology continues to advance across the …