Independent thinking for complex markets and current events
Iran just hit 9 countries in a single night, including 7 of the wealthiest nations on earth This was Tehran’s answer to Israel striking the South Pars gas field, the world’s largest, earlier today. The most intense retaliatory barrage of the entire war, and Iran is now the only country on the planet simultaneously attacking …
Trade Representative Jamieson Greer on tariffs: "It's not regressive. Most consumption in America is done by the wealthiest people. So the idea it's somehow regressive is just wrong." pic.twitter.com/tL25CBE7zn — unusual_whales (@unusual_whales) February 22, 2026
California Governor Gavin Newsom and his wife have moved their family to an exclusive part of the state where all four of his children are now enrolled in Marin County schools. The Democrat, touted as a possible future presidential candidate, will keep his six-bedroom $3.7 million in Fair Oaks in suburban Sacramento home where he …
The wealthiest 10% of Americans own 93% of stocks even with market participation at a record high byu/Fun_Balance_1809 ineconomicCollapse
Credit card delinquency rates have been broadly rising since Q2 2021. The following figure shows the percentage of U.S. credit card debt in delinquency. This variable grew in every region we examined for the last three to seven quarters. For each region, the percentage of debt in delinquency has increased at least 32.2% in relative …
https://finance.yahoo.com/news/rich-heres-americans-think-considered-182847861.html Top 10% wealth: The top 10% of the population has a net worth of approximately $854,900. h/t HighYieldLarry
Americans outside the wealthiest 20% have run out of extra savings and now have less cash on hand than they did when the pandemic began. The figures point to dwindling firepower available for US consumers, whose resilience has kept the economy growing at a rapid clip this year… pic.twitter.com/EAqcYXRo1y — Holger Zschaepitz (@Schuldensuehner) September 25, …
https://twitter.com/NorthmanTrader/status/1705624432167805254
The top 1% was linked to more than of 17% of emissions, despite many celebrities and pols posing as loud voices against fossil fuels. New research published in PLOS Climate this week found that, of greenhouse gas (GHG) emitted in the United States, 40% of it comes from the 10% of richest households in the …
