Independent thinking for complex markets and current events
Disgusting result of decades of Democrat rule. Imagine as a store owner coming to your store one morning to open shop and this is what greets you. Welcome to Los Angeles. pic.twitter.com/U7eruuPumu — Libs of TikTok (@libsoftiktok) November 26, 2023 h/t Dan
Mortgage Rates Close to 8% as Economy Refuses to Cool Inflation and economic growth… Regardless of our thoughts on the underlying reasons, these two factors have played a key role in skyrocketing rates over the past few years. The Fed won’t signal an end to its “higher for longer” rate policies until it sees lower …
WABC 7 reported:INDEPENDENCE TOWNSHIP, New Jersey (WABC) — A driver in New Jersey plowed into a police station. The SUV burst through a wall in Independence Township in Warren County. Police identified the driver as John Hargreaves. Police say Hargreaves intentionally crashed as he blasted the song ‘Welcome to the Jungle.’ https://abc7ny.com/nj-new-jersey-crash-car-into-police-station/13849996/
via unherd A climate change initiative, spearheaded by London Mayor Sadiq Khan, is recommending against buying more than three items of clothing a year, privately owning a car and flying more than once every three years. The C40 Climate Leadership group comprises, in its own words, “a network of nearly 100 mayors of the world’s leading …
by Michael Higher interest rates are absolutely strangling the real estate industry, and there is no relief in sight. The sudden shift from a very low interest rate environment to a much higher interest rate environment has paralyzed sales. As I have discussed previously, very few homeowners that are currently locked into a mortgage at a …
by NickelthroweR During the free money era of covid, people took their free money and rushed out and bought their dream guitars. During that time, the value of used instruments more than doubled and it wasn’t uncommon for a new offering from Gibson or Fender to be back ordered 6 months or more. The numbers …
By Graham Summers, MBA We continue to receive signals that the U.S. is an emerging market. One of the hallmarks of emerging markets, particularly banana republics, is that politically connected businesses are treated like royalty while everyone else gets screwed over. This theme was on full display last week when JP Morgan reported its “outstanding” …
by confoundedinterest17 Nicolas Maduro of Venezuela must be envious of Joe Biden. I don’t think even Maduro has the stones to have his politiical opponent charged with espionage in the run-up to a Presidential election. Particularly when the US President has been bribed by China and Ukraine and has similiar sensitive document hoarding issues (at least Trump …