Independent thinking for complex markets and current events
The current economy is putting many businesses on the brink, and Costco is no exception. Execs seem deeply worried about the company’s performance in recent months because sales have been weakening all across the board. Even though buying in bulk can save consumers’ money down the line, for many, shopping in big quantities isn’t making …
China has grown its nuclear arsenal from 410 to 500 in a single year Experts said China was expanding its stockpile ‘faster than any other country’ The Pentagon warned that China may have as many as 1,000 by 2030 China is expanding its nuclear arsenal faster than any other major superpower, and is in command …
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
Russian President Vladimir Putin has warned that Moscow could arm countries with a view to attacking Western targets. Mr Putin made the statement while criticising the West’s delivery of long-range weapons to Ukraine. Several countries including the United States have given Ukraine the green light to strike targets inside Russia. Such action could lead to …
uMkhonto weSizwe (MK) Party leader Jacob Zuma has warned the Electoral Commission (IEC) not to declare the election results, saying there will be “trouble” if they do. He was addressing the media at the IEC’s National Results Operating Centre in Midrand, Johannesburg late last night. The IEC is expected to announce the final results this evening. …
Trial consultant Molly Murphy on Wednesday warned that potential questions from the jury could pose problems for Manhattan District Attorney Alvin Bragg’s efforts to secure a conviction of former President Donald Trump. Prosecutor Joshua Steinglass spent time during lengthy closing arguments Tuesday arguing the unproven claim that Trump violated federal campaign finance law by seeking to suppress …
The U.S. stock market soared to a new record high over the past week, but there may still be trouble on the horizon, according to JPMorgan analysts. The forecast from JPMorgan’s chief market strategist Marko Kolanovic is one of the most pessimistic on Wall Street. He and his peers see the S&P 500 ending the …
Former Chrysler and Home Depot CEO Bob Nardelli warned that the fault lines of the economy are “about ready to crack” on Monday, adding that the Biden administration’s alleged policy missteps could leave a cumbersome mess for the next person who sits in the Oval Office to clean up. “What I’ve seen over the past …
There is ZERO fear in equities right now. pic.twitter.com/17w2lsTXfc — Piker Capital (@PikerCapital) May 18, 2024 $DXY Chart warns of an impending financial implosion . Pay attention . pic.twitter.com/FFO2cFrggl — The Great Martis (@great_martis) May 18, 2024 Small businesses accounted for almost 80% of all job openings in March. The S&P 500 is not the …
The 2024 election likely will be the most attacked by malicious foreign forces in American history, the chairman of the Senate Intelligence Committee warned on Wednesday. “The barriers to entry for foreign malign influence – including election influence – have become almost vanishingly small,” Sen. Mark Warner, D-Va., said in prepared remarks. “I believe that …
The New York Federal Reserve’s latest report sends shockwaves through the financial world as a staggering 12.9% of households in April express fears of falling into delinquency within the next three months. This grim statistic marks the highest level since the tumultuous days of April 2020, heightening concerns about the looming debt crisis. What’s particularly …
One of the largest banks in Australia is rolling out a plan to terminate cash and checking services. In an update on its website, Macquarie Bank, which has $267 billion in assets, tells customers that a digital-centered banking experience will begin in November. “In case you missed it, we’re phasing out our cash and cheque services for …
The Bank of Canada is warning Canadians (and banks) to prepare for steep mortgage payment increases as the renewal wave approaches in 2025 and 2026. However, the Bank is also noting, that for right now at least, renters are seeing the most sign of distress.
BREAKING: Stanley Druckenmiller sold 30% of his Nvidia stake. Says he could see A.I. stocks dropping 80% like 2000. https://t.co/NVNP8E6PJS pic.twitter.com/bvPEOC01Fu — Financelot (@FinanceLancelot) May 8, 2024 BARRON’S Nvidia Stock Slips. Why AI Chip Plays Are Having a Tougher Time.
Authored by Tom Ozimek via The Epoch Times (emphasis ours), Tesla CEO Elon Musk has sounded the alarm on the Biden administration’s massive deficit spending, warning that unless steps are taken to slow down the growth of America’s national debt, the U.S. dollar will become worthless. “We need to do something about our national debt or …
Elon Musk warns that America faces demise without free speech, emphasizing the critical role of uninhibited discourse in democratic elections and informed decision-making. He draws parallels to the historical struggles against oppressive regimes where speaking freely meant risking imprisonment or death. 🇺🇸 ELON: AMERICA ENDS WITHOUT FREE SPEECH "It's obviously not possible to have democratic …
“Claiming foreseeable weather events leading governemt travel restrictions or large scale utility outage” Message from AirBnB:- “expect Governments restricting travel after June 6th 2024 “Claiming foreseeable weather events…..leading to a Government travel restriction or large scale utility outage” Fascinating if legit. pic.twitter.com/MY3aD31h1F — Concerned Citizen (@BGatesIsaPyscho) April 26, 2024 https://twitter.com/_/status/1783960234324549977 Interesting they chose the 80th …
BREAKING NEWS THE SWISS GOVERNMENT SAYS UBS MAY HAVE TO FIND AS MUCH AS $27 BILLION TO ABSORB POTENTIAL LOSSES AND PROTECT TAXPAYERS FROM EVER HAVING TO BAIL OUT A MAJOR BANK. I said the movie was not over. — Gold Telegraph ⚡ (@GoldTelegraph_) April 26, 2024 A year after the failure of Credit Suisse, …
As the 2024 election approaches, California Governor Gavin Newsom issues a warning to President Joe Biden regarding the potential electoral consequences of independent candidate Robert F. Kennedy Jr.’s bid for ballot access across all 50 states Key points: California Governor Gavin Newsom expresses concern over independent candidate Robert F. Kennedy Jr.’s bid to be on …
Amidst concerns over global economic challenges, Swiss National Bank Chairman Thomas Jordan emphasizes the imperative of maintaining price stability in monetary policy. His remarks shed light on pressing issues such as low growth, high debt levels, and the urgent need for structural reforms to bolster productivity and ensure long-term economic resilience. Key points: Swiss National …
Authored by Tom Mitchelhill via CoinTelegraph.com, The United States National Security Agency (NSA) is only days away from “taking over the internet” with a massive expansion of its surveillance powers, according to NSA whistleblower Edward Snowden. In an April 16 post to X, Snowden drew attention to a thread originally posted by Elizabeth Goitein — the …
A parent leader on New York City’s largest school district council has received written orders from the Department of Education to cease “derogatory” and “offensive” conduct or face suspension or removal. Maud Maron, subject of the April order and a member of Manhattan’s District 2 community education council, has received widespread criticism from lawmakers, city …
Recent statements from FBI Director Christopher Wray highlight a concerning reality: Chinese government-linked hackers have breached US critical infrastructure, raising alarms about the potential for significant damage in vital sectors such as telecommunications, energy, and water. 🚨#BREAKING: The FBI says that Chinese hackers are preparing to attack US infrastructure 📌#Nashville | #Tennessee FBI Director Christopher …
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry deposits, …
Gold’s surge against inflation forecasts a looming market upheaval as IMF warns of global spillovers from escalating U.S. debt levels. With yields climbing and Powell signaling prolonged rate hikes, the Fed faces a daunting task amid inflationary pressures and fiscal dominance. #Gold is breaking out versus #Inflation – A big shock is likely to be …
A shocking article emerges in which a former UK prime minister claims that the deep state deliberately undermined the country’s economy to sabotage her leadership. Furthermore, she warns that similar tactics may be employed against former US President Trump. The allegations shed light on the perceived power and influence of clandestine forces within government structures, …
Michael Moore panics and thinks Trump can win Michigan! pic.twitter.com/ew0mB3LBmp — Gary D (@KMGGaryde) April 15, 2024
Citigroup and JP Morgan forecast significant gains for gold, with projections reaching $3,000 and $2,500 per ounce respectively within the next year. Meanwhile, UBS warns of a potential 6.5% Fed rate hike amid persistent inflation, triggering concerns of a selloff in both bond and stock markets. As cocoa prices hit record highs, surpassing $10,500 per …
