Independent thinking for complex markets and current events
Right. No more Uncle Sugar Daddy (The Fed) bailing you out. You'll have to do it with YOUR central banks. — Clarence Beeks, Crop Report Specialist (@AlfredENewman5) March 24, 2025 Publicly want to hate us but frankly can't manage their energy, military or financials without the US. — Bubba (@AConfidenceGame) March 24, 2025
2024 goods trade deficits, surpluses with major trading partners pic.twitter.com/bWltftuV8F — Win Smart, CFA (@WinfieldSmart) March 25, 2025
The United States is running on borrowed time—literally. The national debt now sits at a staggering $36.7 trillion, and every single day, another $8 billion is piled on. That’s not a typo. Eight billion dollars a day. This isn’t just bad bookkeeping; it’s a slow-motion catastrophe. Right now, the country is paying $2.4 trillion in …
President Donald Trump said countries that purchase oil and gas from Venezuela will face a 25% tariff on the trade those nations have with the U.S. starting April 2. China was the largest destination for Venezuelan crude last year, followed by the U.S., India and Spain. The Treasury Department also extended Chevron’s license to produce …
Well this is the problem isn't it pic.twitter.com/RHGHFtyKG9 — Meme Wars (@memewars) March 24, 2025
US Researchers have proposed that in particular “strange metals,” electrons appear to lose their individual identities, merging into a featureless “quantum soup.” … Utilizing ‘shot noise’ measurement technique To investigate this anomaly, scientists employed a technique known as shot noise measurement. Shot noise measures the random fluctuations in an electrical current. This reveals the discrete …
China’s tech sector is quietly building its own solutions to one of its biggest challenges, replacing the advanced chipmaking tools that it currently sources from U.S. and European companies. SiCarrier Technologies, a Chinese chip equipment firm closely linked to Huawei, is taking on the formidable task of developing alternatives to critical tools from ASML, Applied …
The happiest women in America are married with children. The unhappiest are unmarried without children.
KARL: "Is there anything that you think Trump has done right?" SEN. SANDERS: "Yeah. I think cracking down on fentanyl, making sure our borders are stronger. Look, nobody thinks illegal immigration is appropriate." pic.twitter.com/SNfUxmYG7c — Rapid Response 47 (@RapidResponse47) March 23, 2025 But wait, remember when Bernie said this. BERNIE: I like that Trump is …
Surely an industry with over 60% subprime loan stackers can’t go wrong (Source: Jan ’25 CFPB Report) byu/-DeBussy- inwallstreetbets https://www.consumerfinance.gov/about-us/newsroom/cfpb-research-reveals-heavy-buy-now-pay-later-use-among-borrowers-with-high-credit-balances-and-multiple-pay-in-four-loans/ CFPB report reveals nearly 2/3 of BNPL borrowers are subprime as Klarna moves to DoorDash h/t -DeBussy-
A dark web user claimed responsibility for briefly hacking New York University’s website Saturday, and replacing it with what appeared to be student test scores and an apparent racial epithet. Instead of the usual images of college athletes and the Greenwich Village campus, the site featured a black background with green writing showing a message …
Full source is here: https://www.fitchratings.com/structured-finance/abs/auto-indices#chinese-auto-indices
from Kerry Lutz’s Financial Survival Network The discussion focused on the challenges facing small businesses in the U.S. and the role of the Small Business Administration (SBA) in supporting them. Kerry Lutz and Lloyd Chapman highlighted the SBA’s historically low budget of approximately $800 million, which they argue is insufficient given that small businesses account for 99.9% of …
Officials at agencies throughout the Department of Health and Human Services say they are bracing for steep layoffs, as Secretary Robert F. Kennedy Jr. and his aides are nearing their final decisions on a sweeping restructuring of the department. Decisions by Kennedy and his team on the changes to the department’s makeup and organization are …
Trump: We'll sell our allies toned down military planes, because someday, maybe they're not our allies pic.twitter.com/Ofby98Fdvd — unusual_whales (@unusual_whales) March 21, 2025 It’s common practice for countries to sell “export models” of their military equipment. These versions often have reduced capabilities compared to the ones used domestically, ensuring that the selling country maintains a …
🇺🇸🇦🇷STATE SEC RUBIO: KIRCHNER WILL FACE SANCTIONS FOR CORRUPTION "Today, I announced the designation under Section 7031(c) of former President of Argentina, Cristina Elisabet Fernandez de Kirchner, and former Argentine Minister of Planning, Julio Miguel De Vido, for their… https://t.co/DCMQqHGy2s pic.twitter.com/jqTzvND7aG — Mario Nawfal (@MarioNawfal) March 21, 2025
🚨 “Ireland is my favourite tax scam – it’s gotta end” Howard Lutnick did not hold back in a recent interview. Rightly or wrongly he has Ireland directly in his sights. What is Plan B?? pic.twitter.com/9ThtlC24gL — Nick Delehanty 🇮🇪 (@Nick_Delehanty) March 21, 2025
🚨🇩🇪GERMANY SEIZES RUSSIAN 'SHADOW FLEET' TANKER WITH $43M IN OIL IN MAJOR SANCTIONS MOVE Germany confiscated the Panama-flagged tanker Eventin—linked to Russia’s shadow fleet—after intercepting it off Ruegen Island loaded with 100,000 metric tons of oil worth €40M. The… https://t.co/ptKHyJobva pic.twitter.com/ZQrcGfJLZS — Mario Nawfal (@MarioNawfal) March 21, 2025
Unitree unveiled a new video of its G1 robot performing acrobatic feats, as part of its lead up to production.
from Kerry Lutz’s Financial Survival Network Kerry Lutz and Chris Vermeulen discussed the current volatility in the markets, particularly influenced by political events. Chris highlighted significant selling pressure affecting equities, suggesting that the market appears oversold and may experience a bounce in the coming weeks. However, he expressed uncertainty about whether this would lead to a recovery or …
Former Facebook Chief Operating Officer Sheryl Sandberg asked a younger female employee to “come to bed” and made an assistant spend thousands on lingerie for her, a whistleblower claims in a new book. Sarah Wynn-Williams, the author of Careless People and a former director of global public policy for Facebook, claims Sandberg and an assistant …
GAO rejects protest over omission of pricing info in Tech7 Consulting’s bid… Tech7 Consulting LLC’s discussions protest rejected by GAO Agency solicitation allowed but didn’t require discussions The US Space Force can move ahead with the 12 contracts it awarded under a $2.5 billion procurement for services to develop, advance, and sustain weapon systems, the …
by David Haggith The Fed goosed the stock market today with another Powell put, but in a slightly slier manner. Fed Chair Jerome Powell, offered some pretty peculiar surprises at the Fed’s FOMC meeting today, but not in interest policy. While the Fed held steady on actual interest rate policy as everyone was certain it …
🚨🇺🇸BREAKING: xAI JOINS $30 BILLION AI INFRASTRUCTURE FUND WITH NVIDIA, MICROSOFT, AND BLACKROCK It’s official—xAI just joined Nvidia, Microsoft, and BlackRock in a $30 billion AI Infrastructure Partnership set to reshape the future of AI. This elite group is building the… https://t.co/ZKZPhQRyS9 pic.twitter.com/Dwbxzfvb8w — Mario Nawfal (@MarioNawfal) March 19, 2025
For the record, Chinese economy has many problems but high rate of default for consumer / personal loans is NOT one of them. Just look at how low the NPL ratio is for Bank of China's personal loans (lower than literally every other category save for "financial services") pic.twitter.com/c4YHS6Ypbk — Jack Farley (@JackFarley96) March 19, …
Skyrocketing rates make homeownership impossible for most Americans, with $124,150 needed to afford the median home—far above the $79,223 median household income. As of January, "qualified income" needed to afford median home in U.S. was $124,150, but U.S. median household income was $79,223 … makes for a $44,927 affordability gap per @AtlantaFed data@DataArbor pic.twitter.com/hLA3s23L1o — …
This week’s moves look definitive. All-out war against Iran’s nuclear facilities has moved up to the near horizon and is really already beginning. by David Haggith “Peace through strength” is a slogan moved solidly back into play by Defense Secretary Hegseth who just promised that war, which just became a lot more intense, against the …
We've seen this movie before… UBS 2025- "…Ernst & Young, re-elected as UBS's auditor last year, said in its assessment on Monday that because of the effects of this weakness, it had concluded that UBS had "not maintained effective internal control over financial reporting"… pic.twitter.com/TM0R1VAtzX — kristen shaughnessy (@kshaughnessy2) March 18, 2025 UBS’s auditor warns …
Trump promises to close loophole—will America be robbed again? 🚨🇺🇸 WALL STREET IS COLLAPSING COMPANIES FOR PROFIT—AGAIN Joann’s, Party City, Big Lots—profitable stores, but all going bankrupt. Why? Because Private Equity loaded them with debt they knew they couldn’t survive. They call it “back floating rate debt”—adjustable-rate loans… pic.twitter.com/atsndgOeHk — Mario Nawfal (@MarioNawfal) March 17, …
