Independent thinking for complex markets and current events
More than 4,000 migrants are now arriving in New York City every week, and the Adams administration says it needs to limit shelter stays even further to make room. “It’s not if, it’s when people are going to be sleeping on our streets,” Mayor said. Migrant families with children will now only be allowed to …
by Michael We just witnessed the biggest attack on Israel in 50 years, and as a result the Israeli government has declared war on Hamas. The IDF is already striking strategic targets all over Gaza, but it also appears that a ground invasion could be imminent. As I was reflecting on these events today, the …
Indeed!! pic.twitter.com/xRpdyCblIs — Michael Lebowitz, CFA (@michaellebowitz) September 27, 2023 We can see how weak small caps have been during this Fed tightening cycle. The chart shows absolute performance. Only 1972 was worse — another cycle, like now, in which the Nifty Fifty dominated. /2 — Jurrien Timmer (@TimmerFidelity) September 28, 2023 Oil up USD …
The 2023 Permanent Fund dividend will be $1,312, the Alaska Department of Revenue said Thursday. The annual payments to Alaskans will be disbursed beginning Oct. 5 and continue in the following weeks, the department said. The Permanent Fund dividend amount hasn’t followed the dividend formula set in state statute since 2016 — with lawmakers saying …
Stupid is as stupid does… TIK TOK. KILLING PEOPLE SINCE 2016 https://twitter.com/_/status/1678132176876105735 A dangerous TikTok challenge has gone viral as summer heats up in the Northern Hemisphere. The trend involves people jumping off the rear of a moving boat. Tragically, this viral challenge has already claimed the lives of four individuals in Alabama. “The four …
When you're Left-leaning you just have to want something badly enough for it to happen i.e. the laws of economics are nonsense. Simply legislate the result you desire. What could be easier! — TheLege (@TheLege2) June 18, 2023 JUST IN – Swiss voters agree to "net-zero" carbon law, a 15% tax rate for multinationals, and …
We have now seen 50+ events challenging the US Dollar in 2023 alone. This is by far the biggest push against the US Dollar in decades. Weaponization of the US Dollar is a dangerous long term strategy. The biggest threat to the US Dollar is (ironically) the Dollar itself. — Adam Kobeissi (@TKL_Adam) June 5, …
by Dismal-Jellyfish https://www.sec.gov/litigation/admin/2023/34-97632.pdf Source: https://www.sec.gov/litigation/admin/2023/34-97632.pdf In the Order, the Commission found that BBPLC failed to put into place any internal control around the real-time tracking of securities being offered or sold off of its Commission-registered shelf registration statements. As a result of this failure, between June 26, 2019 and March 9, 2022, BBPLC offered and sold an …