Live quote on Trump Media stock, back down to 40 after hitting 75 last week.
https://www.cnbc.com/quotes/DJT
Independent thinking for complex markets and current events
https://www.cnbc.com/quotes/DJT
GOP Rep. Ken Buck will retire from Congress next week leaving Republicans with a razor-thin majority. Following the resignation of Kevin McCarthy, Bill Johnson, Ken Buck and the ousting of George Santos, the Republicans will be left with a razor-thin majority of 218-213. Last November RINO Rep. Buck from Colorado’s 4th congressional district said he …
DES MOINES, Iowa (AP) — The third-party presidential movement No Labels decided Friday to field a presidential candidate in the 2024 election after months of weighing the launch of a so-called “unity ticket” and discussions with several prospects. Delegates voted in favor of moving forward during an online convention of 800 of them from every state, said Mike …
The family of a 19-year-old UC Berkeley freshman is mourning his death after he was found unresponsive in a college dorm, possibly due to a drug overdose. Marco Troper, who was in his second semester at the university, died Tuesday, his grandmother Esther Wojcicki posted on social media. Troper, a math major, was the son …
🚨🇺🇸 Tucker Carlson At World Government Summit “Joe Biden is senile – everybody knows it – it’s now been confirmed this week” pic.twitter.com/54CF1WrMja — Concerned Citizen (@BGatesIsaPyscho) February 13, 2024 Watch the whole interview, it’s excellent
The S&P 500 rose Monday and closed at a fresh record high as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision. The benchmark index climbed 0.76% to 4,927.93, topping its highest ever close of 4,894.16, reached Jan. 25. The Dow Jones Industrial Average added 224.02 points, or …
Happy D.E.I Thursday from Primetime! Happy D.E.I Thursday from Primetime! pic.twitter.com/bCH0buEpb2 — Jesse Watters (@JesseBWatters) January 26, 2024
The next winter storm is already on the move and is expected to bring heavy snow, blizzard conditions, strong winds, potential tornadoes and serious flooding as it carves a path from the Southwest to the Northeast through midweek. Snow is still falling from the first big winter storm of the season. It dumped more than …
American banks filed to close 30 branches last week leaving yet more households without access to basic financial services. Wells Fargo shuttered twelve locations while Bank of America axed five, according to a weekly bulletin published by regulator the Office of Comtroller of the Currency. Meanwhile Citizens Bank shut down four branches between December 3 …
The charity Cardiac Risk in the Young estimates that every week, at least 12 people aged between 14 and 35 suffer sudden cardiac death – and 1 in 300 may carry the condition. A leading pathologist has told this programme they believe those figures are an under-estimate. The mother of one young woman who died …
by confoundedinterest17 Biden’s terrible economic policies and horrid fiscal managment has put stress on The Federal Reserve. The Federal Reserve paid an estimated $76 billion to the Treasury in 2022 while banks’ willingness to lend has plummeted. First, let’s look at Biden’s and The Fed’s Brawndo. One of the key ways central banks absorb liquidity back out of …
Lower-income consumers have been hit harder by rising prices for basics. And those higher prices overall have made customers more selective when they spend on things they want rather than things they need. Higher energy prices and borrowing costs, as well as stricter credit conditions and the return of student-loan payments, have also posed threats …
BREAKING: WeWork, $WE, is planning to file for bankruptcy as early as next week, per WSJ — unusual_whales (@unusual_whales) October 31, 2023
by confoundedinterest17 Back in red? As US fiscal policy deteriorates further thanks to endless Federal spending (not to mention seemingly endless wars under Biden and Nobel Peace Prize winner Obama), we are seeing pain in the bank lending business. Commercial and industrial (C&I) loan lending standards is tightening (blue line) to levels typically seen in recessions. …
Extreme Fear is imminent for the Stock Market 👻😱 Will it come next week? pic.twitter.com/nGDjuP45d9 — Barchart (@Barchart) October 20, 2023
by Chris Black No lies detected here. Russia is fighting NATO, not the Ukraine, and it’s winning. That should be concerning for the powers that be. American charity isn’t going to last indefinitely. Political support for the war is plummeting. The only way to save Ukraine is to find a way for NATO to get …
For the second time in a week, a left-wing activist has been murdered in a major US city, where soft-on-crime Democrat policies have resulted in record crime. On Monday, social justice advocate Ryan Carson was stabbed in the Crown Heights neighborhood of New York City. https://twitter.com/_/status/1709314963284615295 https://www.zerohedge.com/political/graphic-fatal-nyc-stabbing-left-wing-activist-caught-cctv Police released a picture of the youth who …
A total bloodbath in Treasury notes, bonds, and mortgage-back securities again: Here is a reminder that these instruments account for over 80% of the Federal Reserve's balance sheet. If they were to be reevaluated using a mark-to-market methodology, the Fed's assets could be… pic.twitter.com/x0YNQez2iJ — Otavio (Tavi) Costa (@TaviCosta) September 25, 2023 That doesn’t change …
by confoundedinterest17 Mortgage applications increased last week, despite the 30-year fixed rate edging back up to 7.31 percent – its highest level in four weeks. Mortgage applications increased 5.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 15, 2023. Last …
Our car companies stopped being private enterprises during the Obama administration. These days they’re burning through billions of dollars following the government plan for replacing cars with EVs. The UAW is in the driver’s seat because it elects the politicians who give car companies their marching orders. After turning down a mere 21% pay hike, …
by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 15th consecutive week above $100 billion! What we are reviewing: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …
by confoundedinterest17 I wonder if Biden will use his writeboard to brag about the 30-year mortgage rate rising 157% under his economic Reign on Error? Aka, Bidenomics. Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 25, …
by Chris Black Stimulus (https://archive.is/Gx9ok). China’s Central Bank surprised investors with the steepest cut rate cut since COVID, as July delivered another month of disappointing economic numbers. The grim market reaction suggests Beijing must take bolder steps to ease worries. Cutting Targets (https://archive.is/l0Pzu). At least five investment banks cut their projections for China’s economic growth …
China urges Brics to become geopolitical rival to G7 h/t by Creative-Criticism62
We've never seen this before. A buffoonish level of complacency in a global RISK OFF event. pic.twitter.com/GgJPZWs1fP — Mac10 (@SuburbanDrone) August 19, 2023 There is a high probability that Powell will finish off China this week. And then U.S. gamblers will wish they had a map with more than one country on it. pic.twitter.com/90cy9Cz38j — …
by Chris Black 3 predawn raids this week in Albuquerque, NM; Henderson, TN; and, Provo, UT. Now 3 people are all dead because they thought they could talk shit about Biden (pro-tip, you can’t the FBI will kill you). The federal government doesn’t even hide it any more. They’ll ruby ridge you for saying mean …
by confoundedinterest17 The US mortgage market is livin’ la vida Biden! And for the US mortgage market, la vida Biden in ugly. Mortgage applications decreased 3.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 4, 2023. The Market Composite Index, a measure …
I will reserve judgement on today's strong open until we see the close. Because that's what happens in bear markets – strong opens, weak closes. What we saw all last week. But really, what could go wrong? pic.twitter.com/PnEtb0MYXR — Mac10 (@SuburbanDrone) August 7, 2023 Big divergence between S&P 500 industrials and leading economic indicators The …