Independent thinking for complex markets and current events
You just can’t make this up. Federal Reserve Chair Jerome Powell, once so adamant about controlling inflation, now finds himself back at square one. “Transitory,” he said, just like the early days of this crisis. That term—used to downplay what we all knew was coming—is now being recycled like some tired political mantra, as if …
Recent official inflation reports are disheartening. What’s worse, they simply don’t reflect the reality faced by everyday American families. Today we take a deep dive into how inflation itself, the official headline CPI, is measured. What if we’ve been measuring the wrong things? By Peter Reagan I hate to be the bearer of bad news, …
The Democratic Party has veered so far off course that even its own battle-hardened strategists are throwing up their hands in frustration. Carville spent decades building the party into a political powerhouse, only to watch it implode under the weight of its own delusions. The leadership is now driven by activists who are completely disconnected …
Joe Rogan just ripped the lid off something that should’ve had people screaming from the rooftops years ago. Congressional trading. These politicians, who are supposed to be public servants, making a modest $180K a year, somehow end up with $30 million portfolios. And nobody asks how? Nobody demands answers? They sit on committees, get inside …
DOGE in the Treasury? Turns out, it’s not just a rumor. Scott Bessent just put an end to the media speculation, and the truth is even crazier—two DOGE members are actually Treasury employees. This isn’t some fringe conspiracy; it’s real, and it raises serious questions about what’s happening behind the scenes. Why are Treasury officials …
LSU Law Prof Removed From Classes Amid Investigation Into Political Comments. I went through to the original article and it didn’t have any more detail on what exactly he’s supposed to have said, besides being critical of the governor. I do like this: “We cannot live and exist in a country where people are punished because of …
The craziest part all of this is that legacy media “fact checked” Trump’s 2019 tweets about insufficient water. They all said this was a conspiracy theory and there was plenty of water. pic.twitter.com/DQO9BqO4WI — The Big Picture (@Big_Picture_89) January 9, 2025 BREAKING: Los Angeles wildfires are now the costliest fires US history, with losses exceeding …
The pathways to real wealth are very limited. Hell, the goal of even owning your home these days is getting harder to achieve by the year, even with a well paying job. You can’t really blame people for yoloing into options with big potential payoffs vs working for 40 years and not even been able …
Police are saying that an alleged Christmas Day attempted robbery resulted in three of the potential suspects needing medical attention. The armed children allegedly approached a 25-year-old man and his girlfriend, trying to rob them at gunpoint at a Houston, Texas apartment complex. The suspects looked so young, in fact, that the victim assumed it …
They almost bankrupt too — Prime-Edge (@Mylo_Meer) December 7, 2024 https://twitter.com/MichaelAArouet/status/1865295356411474215
https://truthsocial.com/@realDonaldTrump/posts/113595507414156033
Canadian Mother Was Told To Be More “Inclusive” After Complaining About A Male Wearing A “Child’s Bikini” in pool shower Canada has fallen. The mother of a young girl in British Columbia, Canada, is speaking out after a man in a pink, sparkly bikini — adorned with sparkles, frills and princess tiaras — was …
Leaving a toddler home alone for any reason is reckless and unforgivable. Mom left toddler home alone with 2 dogs so she could travel out-of-town to visit a man she met on a dating app: Police https://lawandcrime.com/crime/mom-left-toddler-home-alone-with-2-dogs-so-she-could-travel-out-of-town-to-visit-a-man-she-met-on-a-dating-app-police/ Mom left 3 kids home alone for days while she went to Florida for a friend’s liposuction surgery …
“Jason Kennedy was left horrified after he woke from surgery to discover the ‘wrong leg’ had been amputated. While a review is underway, he has now accepted that his left leg is gone A man was left in shock after waking up from surgery to find that surgeons had mistakenly amputated the wrong leg. Jason …
VIDEO: Cop shoots and kills homeowner instead of burglar. Dispatch describes suspect seconds before, still cop shoots wrong guy: Las Vegas Police Shoot Homeowner Instead of Burglar pic.twitter.com/fjY30I2h6G — Southland Post (@SouthlandPost) November 15, 2024 The replies: AC
by Jesse Felder Almost any way you measure it, the stock market is as overvalued today as it has ever been. Clearly, investors are not worried about the potential for inflation to prove problematic for monetary policymakers once again. Nor are they bothered by the potential that fiscal policymakers could face a more challenging situation …
If you’re unsure Bitcoin’s a bubble, just read this tweet and its replies. – Deposit bitcoin, ~75-100% of the value of the house. – Bank buys the house, you live in it. – Loan is secured on bitcoin + house so double-collareralised (hence <100% bitcoin deposit). – Make small monthly interest payments, or just add …
Mark Cuban Deletes His Pro-Kamala Harris Tweets The businessman, former “Shark Tank” star and Harris backer was called out for removing his tweets, but claims he’s always deleted comments after past elections. Mark Cuban says there’s nothing to see here. You can move along now. The staunch Democrat backer of Kamala Harris was accused by …
Blue checkmark journalists on what we should learn from this election. That the Harris campaign made no mistakes. The American people did. I’m seeing this sentiment a lot from them. They’re mostly saying they covered it correctly and the voters were wrong. h/t Wookie9991
In this explosive segment from Next News Network’s RAW FEED, host Gary Franchi brings you the exact moment the Harris campaign imploded. Watch as the New York Times shocks the world by projecting Trump’s decisive victory, including an unprecedented win in the popular vote. The numbers tell a story the mainstream media never saw coming. …
WOW: A Cobb County (Atlanta) sheriff is under fire for calling backup to a Burger King after staff got his order wrong and asked officers to get the manager’s name. Sheriff Craig Owens Sr. called for backup at a Burger King after receiving an incorrect order. In body camera footage, he asked officers, “Hey, do …
X, formerly known as Twitter, has yet to be restored in Brazil because the company sent its $5.24 million fine to the wrong financial institution. Brazil’s Supreme Court made the revelation on Friday and will delay its decision on whether to restore X in the country. The beleaguered social media platform was shuttered in the …
via Gloom Boom Doom The inconvenient truth is that An Unprecedented Monetary Destruction Is Coming. In democratic societies, people love everything that causes inflation but hate the consequences, which are among others rising consumer prices. It is therefore, no coincidence that debt-to-GDP has increased in all western democracies over the last 40 or so years. Marc …
It all began with a massive collapse in Chinese real estate. It even prompted the bankruptcy of Evergrande, one of China’s largest real estate giants. Currently, China's real estate market is BELOW 2008 levels, down over 80% from its recent all time highs. pic.twitter.com/Rgt6ftox1n — The Kobeissi Letter (@KobeissiLetter) September 29, 2024 Ray Dalio recently …
She has no clue how dumb she sounds. — Gunther Eagleman™ (@GuntherEagleman) September 17, 2024 They say this seriously … pic.twitter.com/PFqxTrEahw — Wall Street Mav (@WallStreetMav) September 17, 2024 And yet, this morning @JonLemire is still spreading the "bloodbath" hoax https://t.co/NngiEDaZWD pic.twitter.com/acGkaPrT6E — Tom Elliott (@tomselliott) September 17, 2024
TL;DR: The Megabanks Are Winning the Fight Against Stronger Capital Requirements Dimon and McHenry: These two powerful figures, representing JPMorgan Chase and the House Financial Services Committee, respectively, are actively working to weaken proposed capital requirements for large banks. Derivative Risk: Megabanks have a history of risky derivative trading, as evidenced by JPMorgan’s $6.2 billion loss in …
The largest gap we've ever seen in Corporate Bonds vs 20yr Treasuries. What could go wrong… https://t.co/YPzmmJ8EXB pic.twitter.com/xUZKPGBNsS — Financelot (@FinanceLancelot) September 12, 2024 Here’s currently an unusually large gap between corporate bond yields and 20-year Treasury yields. This situation is quite rare and typically signals heightened market stress or uncertainty. Implications: Increased Risk Perception: …
