Independent thinking for complex markets and current events
You’ve probably heard the speculation about this idea at some point over the last year or two. As AI gets more competent at specific tasks, some observers are becoming worried that the fears of AI job losses may indeed come true. In fact there may be some signs that it’s already happening. Software company Salesforce started …
He’s right, a hard cap just pushes risk into darker corners. When banks pull credit, the people left paying are the ones with no lawyers and no exits. Bill Ackman @BillAckman I think President @realDonaldTrump ’s goal of reducing credit card interest rates is a worthy and important one. My concern about capping rates at …
Jim Zelter’s warning hit hard because he was not talking about a normal slowdown. He was describing the kind of break that wipes out entire business models and leaves companies with no way back. He spoke calmly, but the message underneath was anything but calm. “I think you’re going to get more secular distress than …
In my previous video, I broke down why the coming AI correction will look very different from the dot-com crash. Today, we go deeper into a seismic shift that’s quietly reshaping global finance: the AI debt wave now sweeping through U.S. and European credit markets. For over a decade, Big Tech dominated with cash-rich balance …
Wall Street is breathing a myth so dangerous it could destroy fortunes overnight. Everyone is talking about quantum computing as if it is the next great leap in technology, but the truth hides beneath the glossy headlines claiming IBM and HSBC are transforming bond trading and the market will explode to $100 billion by 2035. …
BREAKING: DeSANTIS PLANS TO END PROPERTY TAXES IN FLORIDA Ron DeSantis says the government has no business charging you rent for a home you already bought. His goal? A constitutional amendment to drastically lower, or wipe out, property taxes completely. He slammed local officials for spending like lottery winners every time property values rise, calling …
Millions of workers could be replaced by robots – and in some industries, it’s already happening. Here are the top 10 jobs at risk: 1. Taxi drivers 2. Call center workers 3. Supermarket checkout staff 4. Bank clerks 5. Data entry clerks 6. Admin assistants 7. Factory workers 8. Customer service reps 9. Receptionists 10. …
“Payroll employment growth slowed sharply to only 35,000 jobs per month over the three months ending in July. This is well below the moderate pace seen earlier in the year, likely due to a significant softening in labor demand.” https://www.upi.com/Top_News/US/2025/08/09/federal-reserve-rate-bowman/1681754774717/ The Fed’s dual mandate is breaking down. Inflation’s near target. Jobs are slipping. Tariffs are …
‘Give them all the fentanyl they want’ — Lancaster Mayor R. #Rex_Parris remedy for homelessness: ‘Free fentanyl’ & ‘a purge’ 'There is nothing that we can do for these people,' Rex Parris claimed. 'They are responsible for most of our robberies, most of our rapes and at least… pic.twitter.com/jbYAsbBhlZ — ⚡️🌎 World News 🌐⚡️ (@ferozwala) …
Hey Bob – you're close. Get this, if MSTR does -50% in a day, then the MSTUMSTX 2x funds get wiped out. Completely. Everyone loses -100% of their money. ~10bn aum between the two leveraged funds on a stock with a 80bn market cap. — lowstrife (@lowstrife) December 19, 2024 Factchecked by Chatgpt: Leveraged Funds …
Senators exited the first meeting of the newly formed DOGE Caucus on Thursday morning, attended by both Vivek Ramaswamy and multiple appropriators, with few details on what the so-called Department of Government Efficiency planned to do. Sen. Thom Tillis (R-N.C.) said it was “way too early” to identify key priorities of the caucus and emphasized …
Incoming Border Czar Tom Homan: Trump Administration Will Treat Cartels Like ISIS- “Wipe Them off the Face of the Earth” (Video) Incoming Border Czar Tom Homan (L) joins Donald Trump, Jr. on “Triggered.”/Image: Video screenshot. Following the election, President Donald Trump announced that former ICE Director Tom Homan would be the nation’s new “Border Czar.” …