Independent thinking for complex markets and current events
Chipotle Mexican Grill plans to raise menu prices for the fourth time in two years. Millennials and Gen-Zers will have a shitfit when they discover additional price hikes. “For the first time in over a year, we will be taking a modest price increase to offset inflation,” Chipotle Chief Corporate Affairs Officer Laurie Schalow wrote in …
Stuff we already know. Not sure why some twitter posts won’t show up here but here’s another link What the full tweet says: “Sen. Rand Paul reveals that the United States is still funding the Taliban and the Palestinians. When asked why, Rand Paul responding by saying, “they think that somehow when you give money …
This clip is 9 years oldpic.twitter.com/2r6BZnaDis — Elon Musk (@elonmusk) October 12, 2023 h/t John Dutton
by TonyLiberty The largest US Banks are facing their worst Bad loan write-offs in 3 years. (Bad loan write-offs are loans that banks have given up on collecting. When a bank writes off a loan, it takes the loss on its balance sheet) The increase in bad loan write-offs is a sign that credit quality …
US debt will become unsustainable and trigger default in about 20 years, if it stays on current path, per BI. — unusual_whales (@unusual_whales) October 11, 2023 The tweet is kind of incorrect. We are already unsustainable, it will become unmanageable in 20 years. h/t bareboneschicken
The situation is getting serious as banks are experiencing one of the sharpest declines in lending activity ever recorded. This means they’re not lending money as readily as before. At this rate, we might be heading towards a “credit event,” which essentially means a big problem in the world of credit and lending. Moreover, banks …
Emerging Market Stocks have fallen to their lowest valuation relative to the S&P 500 in AT LEAST 36 years pic.twitter.com/QrwRdszRl7 — Barchart (@Barchart) October 11, 2023
H/T: @TaviCosta — Barchart (@Barchart) October 10, 2023 Paul Tudor Jones: The U.S. Is Moving Towards an “Untenable Fiscal Position.” Favors Gold & Bitcoin Hedge fund magnate Paul Tudor Jones expressed concerns over increasing geopolitical risks and the U.S.’s rising debt, making stocks less appealing. Speaking on CNBC’s Squawk Box, he highlighted the precarious U.S. …
by SurveillanceBalloon I recently read this article written by a former Capital One product manager, and thought this subreddit might find it interesting: https://newrepublic.com/article/155212/worked-capital-one-five-years-justified-piling-debt-poor-customers It’s a pretty quick read, but has a few interesting anecdotes and explanations of things like Cap1’s proactive increase strategy with the goal of getting users to carry balances and pay …
Bonds have never seen so much blood in the past 236 years. pic.twitter.com/xvoI3g1Lxp — Wealthion (@wealthion) October 9, 2023 The Bank of America has $110 billion in paper losses on debt securities. $110 billion. Everything is fine. — Gold Telegraph ⚡ (@GoldTelegraph_) October 9, 2023 Banks were exposed to an estimated $558.4 billion of unrealized …
by EuphoricTrilby https://www.newsweek.com/donald-trump-israel-intel-russia-hamas-attack-1833094 Despite being out of office for 3 years, Orange Man still to blame for everything bad that happens. How does Newsweak justify this? Oh… accuse him of colluding with PUTIN by rehashing accusations from 2017. F*cking predictable. Prepare to have this be the main talking point for the next several weeks or …
by DyehuthyTV Caption: For the past 40 years, 10-Year Bond Yields have been steadily Declining… Caption: Until 1980 was the last time Inflation Assets were Above Deflation Assets. Since then, Deflation Assets have continued to Grow at an Annualized Return of 11%. Caption: FED will No Longer have to Fight Deflation, but Inflation.
.@efenigson: “I served in the IDF 25 years ago in the intelligence forces.. there’s no way, in my view, that Israel did not know what’s coming…Something is very wrong here”pic.twitter.com/iewZWnU66n — أبو عمّار (@MaajidNawaz) October 8, 2023 ex-IDF soldier explains that the events that took place today are impossible. She was a boarder observer with …
FTX staff wrote ‘oops’ on a spreadsheet which showed it owed $20billion five months before it collapsed. A court in New York heard that Sam Bankman-Fried, the boss of the failed crypto exchange, ordered his staff to prepare the document in July 2022 as investors demanded their money back. Crypto prices had tumbled and the …
This is a big deal…. pic.twitter.com/nfNGEacof3 — Lara Logan (@laralogan) October 6, 2023 h/t Fairly F**ked
via hotair: The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them. The first iteration of this came with Facebook, whose vast audience attracted many independents and some corporate bloggers to commit to that platform, only …
BREAKING: Pentagon official arrested for running pitbull fighting ring for 20 years Law enforcement seized jumper cables used to execute dogs that lose dogfights as well as a device used to impregnate females pic.twitter.com/lrIDDOwkSA — Jack Posobiec (@JackPosobiec) October 3, 2023 Frederick D. Moorefield Jr., a deputy chief information officer, is accused of training fighting …
PANAMA CITY (AP) — The Panama Canal announced Saturday it will reduce the maximum number of ships travelling the waterway to 31 per day, from 32 in August, due to a drought that has reduced the supply of fresh water needed to operate the locks. That compares to daily averages of 36 to 38 ships …
by Chris Black Bonds, Bullion, & Black Gold Battered As Hawkish FedSpeak & Inflation Fears Lift The Dollar https://t.co/x8LjjhPw6a — zerohedge (@zerohedge) October 2, 2023 You can’t fix structural problems with a fresh coat of paint and saying everything looks good. The Fed broke everything in 2009. They managed to blow the biggest bubble of …
Cost-of-Living Stress Fuels Crime Wave in Australia, New Zealand (Bloomberg) — A man strolls out of a New Zealand supermarket carrying bags stuffed with nine stolen legs of lamb. Another pushes out a shopping cart stacked with NZ$1,500 ($896) of pilfered corned beef and mayonnaise. Yet another smashes a security guard in the face with …
Let’s get big corporations out of the FDA. Let’s get toxic chemicals out of our environment. And as we clean up our environment, let’s create a culture of fitness to get America back in shape. #Kennedy24 Let’s get big corporations out of the FDA. Let’s get toxic chemicals out of our environment. And as we …
by confoundedinterest17 Wasting away again in Biden’s Mortgage Market! Looking for our lost economy. Mortgage rates moved to their highest levels in over 20 years as Treasury yields increased late last week. The 30-year fixed mortgage rate increased to 7.41 percent, the highest rate since December 2000, and the 30-year fixed jumbo mortgage rate increased …
The main world aggressor is the USA, not Russia – ex-CIA analyst Over the past 32 years, the United States has conducted an average of eight military operations per year, recalled former CIA analyst Larry Johnson. “Now let’s look at Russia, how long has it spent? Five? And all… pic.twitter.com/Gf6KhCZLmD — Sprinter Press (@SprinterPress) September …
JUST IN: New York City is gearing up to pay over $1,000,000,000 on just hotels over the next 3 years to house illegal immigrants. Good! That’s what happens when you call yourself a “Sanctuary City.” But that’s just the hotel costs. NYC Mayor Eric Adams estimates the total cost of the migrant crisis will be …
RIP to whoever lent the EU money for 30 years at a -0.5% annual return Your options: Sell now at a ~64% loss, or watch Christine Lagarde charge you .5% per year for the privilege of eroding your purchasing power via inflation. Sovereign debt bag holders rekt. pic.twitter.com/iQt9tE14Dc — Stack Hodler (@stackhodler) September 25, 2023
via foxnews: Uwe and Hannelore Romeike face a devastating predicament as their family faces deportation after 15 years of making a home for themselves in East Tennessee. “They did not tell us anything. We don’t really know why [this is happening]. We wonder ourselves because we can’t understand,” Uwe Romeike told ‘Fox & Friends Weekend’ …
Why is this not getting more attention? h/t WarrenBuffetsIntern
U.S. Treasuries are now more volatile than #gold for the first time in 45 years. — Mike Maharrey (@mmaharrey10th) September 21, 2023 The unraveling of the relationship between gold and real interest rates could be a paradigm shift for the precious metal
by TonyLiberty You should have $1,900,000 tax-free in 30 years if you invest $10,000 into your Roth IRA with an S&P 500 index fund, and contribute $500 a month. The total principal invested would only be $190,000 but $1,710,000 would be from the magic of compound interest over 30 years. +11.51% is the Average Annual …
The 2023 Permanent Fund dividend will be $1,312, the Alaska Department of Revenue said Thursday. The annual payments to Alaskans will be disbursed beginning Oct. 5 and continue in the following weeks, the department said. The Permanent Fund dividend amount hasn’t followed the dividend formula set in state statute since 2016 — with lawmakers saying …