Independent thinking for complex markets and current events
Joe Biden headed for a photo with fellow G20 leaders in Rio de Janeiro at his final summit as US president on Monday — only to find they had already taken the picture without him. Frustrated US officials blamed “logistical issues” for the blunder which meant that Biden missed out on the shot, along with …
A recent survey by the Consumer Financial Protection Bureau (CFPB) reveals the stark realities many federal student loan borrowers are facing. Between October 2023 and January 2024, 30% of borrowers reported going without essentials like food or medicine due to the financial strain of their monthly loan payments. This study surveyed over 3,000 borrowers, shedding …
Republican Lawmakers Sound Alarm as U.S. Military Bases Report Depleted Stock of Write-In Absentee Ballots — Troops Overseas Left Without Voting Options Due to Delayed Mail-In Ballots (Credit: U.S. Air Force photo by Airman 1st Class Valerie Monroy In a call to action, Republican Representatives Brian Mast (FL-R), Bill Huizenga (MI-R), and Michael Waltz (FL-R) …
by Michael When nearly half of all small businesses are struggling so much that they can’t even pay their rent, you have an enormous economic crisis on your hands. The last time that we witnessed anything like this was during the peak of the COVID pandemic, but here in 2024 we don’t have a major …
The Social Security trust fund is on track to run out by 2032, potentially slashing benefits by 23% to stay afloat. Proposals to tackle this crisis include raising the retirement age, adjusting benefit formulas, and increasing payroll taxes. With Social Security reform a heated political issue, parties are divided on the best path to secure …
Nevada’s Supreme Court on Monday ruled mail-in ballots without postmarks can be counted three days after Election Day. The Democrats use mail-in ballots to cheat so the Trump campaign and Nevada GOP filed a lawsuit against the Nevada Secretary of State arguing against the state’s law allowing mail-in ballots to be counted after the election. …
This woman has never voted in a Presidential Election other than for Donald Trump in 2020 While reviewing her voting history it seems Democrats have been voting for her in the last 3 elections America needs Voter ID, Paper Ballots and Same Day Voting This woman has never voted in a Presidential Election other than …
This is not Apple, Tesla or even Nvidia. This is interest payments on the US national debt of $36 trillion. We now pay nearly $1.2 trillion per year in interest on the debt, about 23% of all taxes, tariffs and fees collected by the US govt goes to paying interest on the debt. pic.twitter.com/UoMe8MbZKL — …
This is targeted voter suppression. pic.twitter.com/R70VYybZyx — Reddit Lies (@reddit_lies) October 15, 2024 This is blatant voter manipulation. At what point does this become illegal to ban the opposition for the same message but different team? What sparked this headline about Elon? Advocacy for free speech and pushing back on censorious regulators. pic.twitter.com/W1rIY2THM8 — The …
Here’s a question worth pondering: If forced to choose between a return to high inflation and a stagnating economy, which would central banks choose? We all know the answer – so the real question becomes, just how close is the Fed to embracing permanently high inflation? From Peter Reagan, at Birch Gold Group Your News to …
by Charles Hugh-Smith of OfTwoMinds blog Or we can let the bubble implode under its own weight and have a plan ready to clean house when the dust settles. Thanks to recency bias, we tend to think the world has always been more or less as it is today. Tectonic shifts beneath the veneer of everyday life …
Kamala without a teleprompter is like watching a trainwreck. You can see the life get sucked out of here when the teleprompter failed her here. pic.twitter.com/nhBsp6STdG — The Vigilant Fox 🦊 (@VigilantFox) October 13, 2024 SNL’s Kamala Harris Dies Inside After Being Asked Why She’s Losing KAMALA HARRIS: “My campaign has raised a billion dollars.” …
A Pennsylvania court ruled in favor of three parents who sued the Mt. Lebanon School District, accusing the district of teaching first graders about gender transition without parental consent or the option to opt out. The court determined that the district violated the parents’ constitutional rights by not allowing them to remove their children from …
Florida Customers Tracked: 11,550,924 Customers Out: 3,108,542 Last Updated: 2024-10-10 05:08:38 AM https://poweroutage.us/area/state/florida Hurricane Milton rips off roof of Tampa Bay Rays’ Tropicana Field, which was turned into shelter for first responders. https://nypost.com/2024/10/10/sports/tropicana-field-roof-ripped-off-destroyed-during-hurricane-milton-in-st-petersburg/ h/t gebahie
“In the case of a full-scale war, Brent would likely soar above USD100/bbl, with any potential shut-in of the strait threatening prices of USD150/bbl or more,” Fitch Solutions’ BMI wrote in a note published Wednesday. While the probability of a full-scale war remains “relatively low,” the risks of a misstep by either side are now …
“Seasonal adjustments are like food additives: cheap shortcuts intended to make the data prettier and more attractive to consume for folks who aren’t chefs meanwhile providing zero nutritional value.” “Seasonal adjustments are like food additives: cheap shortcuts intended to make the data prettier and more attractive to consume for folks who aren’t chefs meanwhile providing …
An unexploded World War II bomb detonated at Miyazaki Airport in Japan on October 2, 2024. The explosion created a significant crater on a taxiway, resulting in the cancellation of over 80 flights. Fortunately, there were no reported injuries. Authorities are likely investigating the incident and assessing safety measures to prevent future occurrences. This event …
Kamala Harris on Monday returned from her glitzy fundraiser in California to deliver brief remarks on Hurricane Helene. 120 people have died and more than 1,000 are unaccounted for after Hurricane Helene made its way through Florida, Georgia, Tennessee and the Carolinas. President Trump was on the ground in Georgia on Monday delivering supplies and …
A billionaire looking to invest $1 billion in an ETF without significantly impacting the price could use several strategies: Break the investment into smaller trades: Instead of making one large transaction, the investor could break the $1 billion into smaller trades spread out over time. This would minimize the market impact by avoiding large spikes …
An operator is going to have to confirm there is an actual crime event taking place before dispatching police, starting October 1st. This is being done to cut down the amount of times an officer is dispatched when an alarm goes off and there is not an emergency and to increase surveILLance capabilities. https://www.kiro7.com/news/local/soon-seattle-police-wont-respond-alarm-calls-without-evidence-crime/GFFSN3VCQJCMRDIDSTACHLR6SU/
East Tennessee is devastated. No food, no water, no power, no escape. I have set up a gofundme to try and help as much as possible in addition to dropping supplies off at affected areas. Shares are greatly, greatly appreciatedhttps://t.co/K1SMy13Rwi — Calen Archer (@CalenArcher) September 30, 2024
BRUSSELS (AP) — As the war in Ukraine enters a critical period, the European Union has decided that it must take responsibility for what it sees as an existential threat to security in its own neighborhood and is preparing to tackle some of the financial burden, perhaps even without the United States. EU envoys have …
Hurricane Helene made landfall in northwestern Florida as a Category 4 storm, battering the coast with torrential rain and punishing gusts as residents across the southeastern US braced for what forecasters warned would be a ‘nightmare storm’. Helene roared ashore around 11:10pm CDT last night with maximum sustained winds of 140 mph. It hit near …
BREAKING REPORT: Just last week over 53,000 people registered to vote WITHOUT ID in Pennsylvania. 2024 TOTALS are over 1.6 million.. BREAKING REPORT: Just last week over 53,000 people registered to vote WITHOUT ID in Pennsylvania. 2024 TOTALS are over 1.6 million.. READ THAT TWICE.. pic.twitter.com/yJ6CJLdasj — Chuck Callesto (@ChuckCallesto) September 17, 2024 Tess
The numbers are out. AccuWeather’s preliminary estimate for Francine’s total damage and economic losses stands at $9 billion. This figure includes a mix of flooding damage, power outages and even impacts to oil. AccuWeather Chief Meteorologist Jon Porter notes that because of Francine’s path through the Gulf of Mexico, many oil platforms had to cease …
A new report finds that Social Security recipients face a 21% cut when a crucial trust fund that’s on pace to be depleted in 2033 runs dry and that neither of the leading contenders in this year’s presidential election has articulated a plan to stabilize the program. The nonpartisan Committee for a Responsible Federal Budget …
JUST IN: President Biden admits that the 'Inflation Reduction Act' was not actually about inflation after he started ranting without the teleprompter. Holy sh*t. Biden said the Inflation Reduction Act was actually about funding Climate Change efforts and said the Act should… pic.twitter.com/rpykPxKRRN — Collin Rugg (@CollinRugg) September 5, 2024
Capital One class action lawsuit overview: Who: Plaintiffs Vishal Shah, Gary Ingraham, Deia Williams and Devin Rose filed a class action lawsuit against Capital One Financial Corporation d/b/a Capital One. Why: Capital One allegedly shares personal data with Meta, Google, Microsoft and other entities without customer knowledge or consent. Where: The Capital One class action lawsuit was filed …
https://twitter.com/nyrbhimself/status/1825839071299535201
🇷🇺🇩🇿 Russian boxer Azalia Amineva challenged Imane Khelif: “Remember how I knocked you out in 2023?” Olympics without Russia is different… pic.twitter.com/3FqNmGWgti — Lord Bebo (@MyLordBebo) August 5, 2024