Independent thinking for complex markets and current events
snippet Police have executed search warrants in a number of Sydney suburbs as they take advantage of strengthened laws to crack down on unexplained wealth. More than $7 million worth of luxury items such as cars, handbags and watches have been seized as police crack down on unexplained wealth in New South Wales. Detectives from …
JUST IN: 🇺🇸 United States lost $5.9 trillion in wealth last year, more than any other country in the world. — Win Smart, CFA (@WinfieldSmart) August 16, 2023 NEW – Russia got richer last year, while the West shed trillions of dollars of wealth, according to UBS. pic.twitter.com/3E790JmosT — Disclose.tv (@disclosetv) August 16, 2023 https://twitter.com/jacksonhinklle/status/1691853636043768185 …
by confoundedinterest17 Yes, there is a Dark Side to Federal stimulus! And it isn’t Dark Side of the Moon, but the dark side of who benefits from Federal stimulus. Its all about money. Example? Take Checkable Deposits of the to 1% (blue line) of wealth compared to the bottom 50% of wealth (red line) after The Fed …
From Peter Reagan at Birch Gold Group If you’re over 50 and planning for your future, you have a lot of decisions to make. You’ll be asking questions like this: How much should I be saving? How much can I save? How can I make up for lost time? One idea to consider is called catch-up contributions. It’s one of the four secrets …
‘Clients are taking £20,000 off the asking price’: How the house price slump is causing misery for sellers Homeowners are having to knock as much as £20,000 off their asking price in an effort to find a buyer, housing insiders have revealed. Figures published by Halifax on Friday showed there has been a 2.6 per …
People keep responding, “This is due to a decline in the number of people who are marriage material” Are young people in America really on a serious slope of decline in terms of character and relationship skills, or do we have higher standards compared to prior generations? — Amy Nixon (@texasrunnerDFW) July 5, 2023 Everything …
via mishtalk: This summer, the Supreme Court will decide if ‘income’ under the law can include an unrealized gain. Guess what. Coming Up, Moore v. United States The issue, as Wikipedia details is whether the 16th Amendment authorizes Congress to tax unrealized gains as income. Background Charles and Kathleen Moore invested $40,000 in an Indian …
via aier.org: In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano, Switzerland. “My capital will continue working in Norway,” wrote the fishing magnate turned industrialist who launched his empire four decades ago with a 69-foot trawler he bought while saving money working on …
by Chris Black Bottom 50% of households hold only 3% of the wealth in this country. Surprise, surprise, all of the funding for all of the woke politics you all hate ALL comes from the right in order to get you to vote for them. Just ask yourselves why it’s the GOP that opposes the …