Independent thinking for complex markets and current events
by Michael When three thugs in Halloween masks terrorized a family in northern Virginia a few days ago, it was a sign that Halloween crime season is off to an early start this year. Once we get to the evening of October 31st, you will want to make sure that your home is both occupied and …
Key Takeaways Silver reached a new all-time high price of $53.57 yesterday. The metal has increased by 80% since the start of the year. How long will Silver’s parabolic increase continue? Silver (XAG) has set a new record, surging to an all-time high price of $53.57. The precious metal has been on a tear in …
The fundamental problem in the housing market today. American households need to earn $112,000 in order to afford a house. However, the Median Household income is only $84,000. Meaning that a huge portion of the U.S. population is unable to even qualify for a mortgage. Note that from 2010 to 2020, the opposite was true. …
American taxpayers spend $2 billion dollars per year on Congress – Salary $174k – $7.6 million per year for meal reimbursements – Their MRA, the Members’ Representational Allowance is $810 million – Majority and Minority leadership, Hakeem Jeffries and Mike Johnson, get $37 million just for them – MRA broken down is $1.5 million …
TESLA’S ROBOTAXI MATH IS INSANE – $2.9B PROFIT WITH JUST 100K CARS Waymo’s 1,500 robotaxis generate $250M in revenue – and still lose money. Now picture Tesla with 100,000 robotaxis by 2026: 100 miles/day, $1/mile, 80% margin = ~$2.9B in pure profit annually. That’s 12x Waymo’s revenue – and Tesla’s just getting started. Scale that …
US Taxpayers subsidize Coca Cola $10 BILLION dollars every year Congress has been cleverly hiding the funding in the annual “Farm bill” “Congress subsidizes Coca Cola to the tune of about $10,000,000,000 of taxpayer money every single year — We have this scam, otherwise known as the farm bill, which really should be known as …
China’s population drops by 1.39 million—continuing a troubling trend for the economy. h/t IAmNotAnEconomist
– $10 billion on maintaining, leasing, and furnishing mostly empty buildings – $12 Million on a Las Vegas Pickleball Complex – $3 Million for ‘Girl-Centered Climate Action’ in Brazil – $10,851,439 on Orwellian cat experiments – $4,840,082 on Ukrainian influencers – $20 million on “Ahlan Simsim” a new Sesame Street show in Iraq – $365,000 …
Consumers are tired of having a $1,300 product pushed on them yearly with the same features, you say? pic.twitter.com/LALAjGTI4b — Don Johnson (@DonMiami3) September 16, 2024 “Consumer behavior is starting to shift as consumers increasingly focus on value, and become more cautious with their spending,” Ulta’s, $ULTA, Chief Executive Officer Dave Kimbell said Bath & …
These costs include property taxes, homeowners insurance, utilities, renovations, and maintenance. Let’s delve into the specifics: Property Taxes: The average homeowner pays $6,251 in property taxes annually. However, this amount varies significantly by state. For instance: New Jersey has the highest effective property tax rate at 2.46%, with an average tax bill of $8,928. Illinois, Connecticut, and New Hampshire also have …
Mark Zuckerberg and his wife Priscilla Chan were seen admiring Anant Ambani’s $1 million watch during at lavish pre-wedding party branded ‘enchanting’ by fellow attendee Ivanka Trump – just yards away from some of India’s poorest slums. The couple were left in awe over the luxury Richard Mille timepiece sported by Indian billionaire Ambani, 28, …
https://twitter.com/WallStreetSilv/status/1739098861493223542
They’re not “cutting back” because they’re broke, I’ve seen boxes of cereal going for $7 bucks. The little boxes with Shrinkflation. And the main buyers of cereal are still parents in desperate need of a quick meal for kids, and there are just plain a lot less parents, birthrates are low. General Mills sales down …
by IceIceBaby1233 Chart courtsey : Trading Economics BREAKING: Crude oil prices surge toward $94 and are now trading at their highest levels since August 2022. Oil prices are up 38% in just 3 months and the national average gas price is about to cross $4.00. Furthermore, oil prices are now 35% ABOVE where the US …
TEXAS has announced plans to charge vehicle owners a $200 annual fee, as well as a $400 one-time fee for new owners. The law, signed by Governor Greg Abbott, is set to take effect on September 1 of this year. Those who have an electric vehicle will be responsible for paying the new annual fee …
