Joe Biden’s Cognitive Issues Are Destined for the Memory Hole
Joe Biden’s Cognitive Issues Are Destined for the Memory Hole Authored by J. Peder Zane via RealClearPolitics, There will be no reckoning among Democrats and their media lapdogs regarding their years-long effort to hide President Biden’s mental decline. No one will lose their job, precisely because they were doing their job – spinning false narratives […]
Stocks Panic-Bid Ahead Of CPI As Biden’s Nomination Odds Re-Plunge
Stocks Panic-Bid Ahead Of CPI As Biden’s Nomination Odds Re-Plunge Another day, another 0-DTE dominated melt-up… Source: SpotGamma NVDA and TSLA dominating the options trading… and all 0-DTE! Source: Bloomberg Which levitated MAG7 stocks for the 7th straight day (10 of last 11 days)… Source: Bloomberg And that is all that is needed to lift […]
Elon Musk Defeats $500 Million Lawsuit Over Twitter Mass Layoffs
Elon Musk Defeats $500 Million Lawsuit Over Twitter Mass Layoffs Authored by Tom Ozimek via The Epoch Times, A California judge handed Elon Musk a win in a lawsuit filed over the mass firing of staff at Twitter after he took over the social media platform in October 2022. Mr. Musk and X Corp. (Twitter was […]
Still In The “First Or Second Innings” Of CRE Tower Storm
Still In The “First Or Second Innings” Of CRE Tower Storm While politics and geopolitics dominate the headlines—whether it’s Joe Bien’s mumbling and stumbling or the risks of World War III in Eastern Europe, the Middle East, or the South China Sea—many seem to overlook the ongoing commercial real estate crash in the US. This CRE […]
Fed's Powell: More Evidence Needed Before Rate Cut Considerations
Federal Reserve Chair Jerome Powell, in his recent congressional testimony, acknowledged progress in curbing inflation but emphasized the need for more consistent data before considering interest rate cuts. While expressing some confidence in inflation’s downward trend, Powell remains cautious about declaring it sustainably approaching the Fed’s 2% target. He highlighted the delicate balance between addressing […]
The Pennsylvania County That Just Might Be 2024’s ‘Ground Zero’
The Pennsylvania County That Just Might Be 2024’s ‘Ground Zero’ Authored by Salena Zito via RealClearPolitics, ERIE, Pennsylvania — Despite 40,000 people leaving this city since 1970 (10,000 of them between 2000 and 2016) and having the unfortunate distinction of being the home of the poorest zip code in the state – “ride or die” […]
Tech Titans Propel S&P 500 to Unprecedented 5,600 Milestone
The S&P 500 has reached a historic milestone, surpassing 5,600 points for the first time, driven by a strong rally in major technology stocks. This surge comes amid growing investor optimism for potential Federal Reserve rate cuts, bolstered by Fed Chair Jerome Powell’s congressional testimony. The market’s upward trajectory is further supported by positive news […]
Social Security at a Crossroads: Can the System Survive an Aging America?
Social Security faces an unsustainable future due to prolonged deficits and demographic shifts. With an aging population and decreasing workforce, the program may struggle to meet its obligations to retirees as early as 2035. Both major political parties acknowledge the issue, but proposed solutions vary, ranging from increasing taxes on high-income earners to stimulating economic […]
Uranium Stocks Soar As New Mineral Tax In Kazakhstan Will Drive Higher Uranium Prices
Uranium Stocks Soar As New Mineral Tax In Kazakhstan Will Drive Higher Uranium Prices Uranium mining stocks soared on Wednesday after a surprise hike in extraction taxes in Kazakhstan, the world’s largest uranium-producing country, which BMO Capital Markets said will limit future supply growth. As Interfax first reported, the government in Kazakhstan introduced a new […]
Sprott Assures Minimal Market Effect from New Copper Fund
Sprott Inc. has launched the Sprott Physical Copper Trust on the Toronto Stock Exchange, holding over 10,000 metric tons of copper, mainly in Asia. Despite plans to raise an additional $500 million to acquire 50,000 more tons, Sprott asserts the fund is too small to impact the global copper market, which produces 22 million tons […]