The Argument Against Michael Saylor
The Argument Against Michael Saylor Submitted by QTR’s Fringe Finance Today, with his permission, I’m happy to offer up the latest thoughts from my friend Anton Wahlman, whose takes I don’t always agree with — but are always worth considering. Anton is a brilliant analyst and has, many times in the past, help me see “blind spots” […]
Futures Flat As Investors Wait For Nvidia Earnings; Ethereum Soars
Futures Flat As Investors Wait For Nvidia Earnings; Ethereum Soars US futures are flat, reversing earlier losses, with European bourses and Asian markets all lower as the international risk-off tone carries over to the US pre-mkt, likely driven by a desire to see the NVDA print before determining near-term direction. Until then, markets are hunting […]
One Dead After Boeing 777 Hit By ‘Severe Turbulence’ On London-Singapore Flight
One Dead After Boeing 777 Hit By ‘Severe Turbulence’ On London-Singapore Flight A Singapore Airlines Boeing 777-300ER was hit by ‘severe turbulence’ on a London to Singapore flight on Tuesday, forcing an emergency diversion to Bangkok. Tragically, one passenger has been confirmed dead. This incident raises fresh concerns about the safety of air travel of Boeing jets amid a […]
Several States Take Steps To Block A Central Bank Digital Currency
Several States Take Steps To Block A Central Bank Digital Currency Authored by Mike Maharrey via Money Metals, Several states have taken action over the last two years in an effort to block the implementation of a central bank digital currency (CBDC) in the United States. Indiana was the first state to pass legislation relating […]
ASML Chip Machines In Taiwan Have ‘Kill Switch’ In Event Of Chinese Invasion
ASML Chip Machines In Taiwan Have ‘Kill Switch’ In Event Of Chinese Invasion The US faces one of the worst geopolitical climates since the end of World War II. As the war rages on in Eastern Europe and conflict risks broadening across the Middle East, there are mounting concerns the People’s Republic of China could […]
Behind Rosy Economic Data, Americans Struggle To Make Ends Meet
Behind Rosy Economic Data, Americans Struggle To Make Ends Meet Authored by Emel Akan via The Epoch Times (emphasis ours), Monica Lomax, a 59-year-old resident of Elkridge, Maryland, has been feeling the pinch of rising costs. She’s had to tighten her budget, especially for groceries and clothing. Now, her shopping trips are primarily for essentials, […]
Biden Administration Blames GOP for Blocking Inflation-Fighting Measures
The Biden administration released a memo outlining its efforts to combat inflation and blaming Republicans for hindering these actions. The memo emphasizes President Biden’s focus on reducing costs and fighting corporate price gouging, despite inflation still being a concern. It highlights that while the economy and labor market are strong, Biden struggles to receive credit […]
High Food Prices Push Americans into Debt for Essentials like Groceries
Amid ongoing high food prices, many Americans are accumulating debt to afford groceries. Elevated costs have led families to use savings, credit cards, buy now, pay later programs, or payday loans, as highlighted by new Urban Institute research. Although these methods provide immediate relief, they can cause financial instability. Kassandra Martinchek from the Urban Institute […]
FDIC Chairman To Resign After Sexual Harassment Scandal
FDIC Chairman To Resign After Sexual Harassment Scandal In the first – but certainly not last – major shake up at a key US financial regulator under the Biden admin, Federal Deposit Insurance Corp. Chairman Martin Gruenberg bowed to pressure to resign from the bank regulator after an external investigation found widespread sexual harassment at […]
Maybe We’re Closer To “You’ll Own Nothing” Than We Realize
Maybe We’re Closer To “You’ll Own Nothing” Than We Realize Authored by Charles Hugh Smith via OfTwoMinds blog, Maybe we should rephrase the slogan to “you’ll appear to own things you don’t actually control and be happy.” The World Economic Forum’s catchphrase you’ll own nothing and be happy was widely mocked as an eyebrow-raising vision of a “sharing […]