Everyone thinks they are a genius because the assets they focus on are going up, but the reality is it's all being driven by the same thing: falling value of the usd
BREAKING: Authorities have identified the man suspected of killing UnitedHealth executive Brian Thompson and are closing in on him, per the New York Post.
You just saw the highest weekly close for the S&P500 in history. Do you know how many stocks on the entire NYSE closed at a new 52-week high today?
12.
For those curious as to what’s happening at SVB and other banks:
They took deposits and bought govt backed bonds at par and higher and now, due to Fed hikes, those bonds are trading in the 70s.
Their books were fine. The risk of interest rate hikes wasn’t managed and now they…
This was not a bailout. During the GFC, the gov’t injected taxpayer money in the form of preferred stock into banks. Bondholders were protected and shareholders were diluted to varying degrees. Taxpayer money was put at great risk. Many people who screwed up suffered minimal to…
Wednesday: Markets cautious ahead of expected bounce in retail sales. Equity futures a bit lower, bond yields edging down w curve inversion deepening, dollar higher, gold & oil down. A lot of eco data and more Fedspeak today.
What if the three UFO shot down are found to use technology or be made of materials that are not native to earth? How does life change thereafter? What do we do next?
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