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    Gotta love ZERO RISK in the SP500 = $$$

    Yeah ZeroHedge has been bearish since before Lehman's collapse. They are of the Austrian hard money crowd who are perpetually long Gold & short financials. I used to read it from 2008-2015 and they are mostly Libertarian Gold bugs who all want to end the Fed.
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    Robert F. Kennedy Jr. is running for president.

    I think as long as Biden doesn't have any scandals near the election, he probably wins. I think Hillary mainly lost due to the Wiki Leaks & FBI investigations near the election. The rise of the Right in Europe is an interesting overlay to this but I think in Europe it was due to mindless...
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    A 30-Year Trap: The Problem With America’s Weird Mortgages

    Sounds reasonable given US' history, however if there is a tipping point reached and we become like NZ, Australia, Canada & UK then you are a forever renter. Supply is certainly the real problem and here in the SF bay area the leftist NIMBYs will never okay another housing project ever.
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    Chinese Wealth Giant Crumbles: ZEG's Insolvency Shakes Shadow Banking

    I guess when you are too busy trying to disappear your Tech leaders you look the other way when your Real Estate & PWM companies collapse. More great leadership form Xi & his cronies.
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    A 30-Year Trap: The Problem With America’s Weird Mortgages

    Powell, et al have completely destroyed the liquidity of the housing market. Good thing they were still buying MBS in Nov 2021. So now the Fed needs 8% unemployment to bring back liquidity in the housing market. So that means you can't afford your 2% mortgage anymore.
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    Why bitcoin is surging again

    It seems to me that BTC is correlated to profitless tech stocks when the times are good for the equity markets to rise, but it also seems to act similar to Gold during hard money moments like the invasion in Ukraine or Millei winning. I think that Gold is ultimately related to hard money that...
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    One of the narrowest market rallies in 50 + years!!!! Just 7 stocks

    The FANG+ stocks are not the issue since they are basically monopolies. The only thing that could derail them is a Biden DOJ breaking them up. The SPACs of 2020 & 2021 are the Pets.com equivalents. The Fintechs, cryptos with no purpose & marijuana stocks were the big bubbles that collapsed...
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    Even tech workers say AI is overrated!!!

    AI is a catch phrase like Cloud or Crypto. It doesn't mean anything other than describing a process that already existed and is just being furthered by better hardware (nVidia GPUs, high core count CPUs via ARM, Terabit networking, PCIe SSDs, etc.). Facebook, Google, Microsoft, Amazon, etc...
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    B. Riley (RILY) debt securities taking a hit...

    You may be right about it not being a existential threat, however it does seem to bring into question the decision skills of the B. Riley leaders doesn't it? Where were the compliance people on this FRG buy. On the other hand they haven't lowered their dividend so maybe they think it will all...
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    Why Sam Altman got fired

    So true. National Geography is one of the last of the magazines using high quality paper like Life magazine in its heyday.
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    Dave Ramsey Portfolio vs. 100% S&P 500 ETF (VOO, SPY)

    The small caps have been a disaster pretty much since the 2018 Q4 collapse when Powell tried to raise rates just because. In the last 5 years IWM is up 16% while SPY is up 66% & the QQQ are up 150%.
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    Why Sam Altman got fired

    That's a lot of work for $8. I would have just dropped my subscription since these people aren't interested in customer support. Frankly most modern customer support sucks especially anything owned by these mega corporations like Disney. I remember I tried calling customer support at Chase Bank...
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    Is the crypto winter over?

    That is interesting since the burgeoning movement from the original 13 Colonies to the west coast in the US was accompanied by Anarcho-Capitalism as the main form of local government. Just watch any US western film with John Wayne or Clint Eastwood and the local form of government is...
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    Dedollarization Accelerating

    And yet the Indian Rupee keeps collapsing against the dollar. When I came to the US from India in 1973 it was 6 rupees to the dollar, now its in the 83+. The only trade I can think of between Egypt & India is dates & basmati rice.
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    Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds

    I'm surprised with so much dispersion created by the skyrocketing rates, Chanos would have a hard time shorting. Maybe he only deals with large companies he can short and those companies don't have a cost of capital concern. Instead of trying to short Musk he should have shorted Icahn. Shorting...
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    Disapproval of Biden’s job performance at record highs among Black and Hispanic voters

    Why wouldn't they vote for West? Seems like he would be the obvious beneficiary. Maybe West has low marketing campaign.
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    How to deal with a BPD wife?

    BPDs are the worst. Narcissistic+Histrionic (NPD+HPD) all wrapped up in one.
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    What is it about Bitcoin and the carnviore diet?

    Sounds like the Keto Diet which is the diet of choice for the Alt-Righters.
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    B. Riley (RILY) debt securities taking a hit...

    Looks like they could be in trouble. They wrote down $76+M out of a $217M investment in FRG where both founders pretty much admitted to fraud. I wonder if the rest of their investment is actually worth anything? They are down to $109M in cash on hand. From the Gobe Newswire from yesterday...
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    Dave Ramsey Portfolio vs. 100% S&P 500 ETF (VOO, SPY)

    Its the same old story. It is virtually impossible to beat the market for non-professionals. Even most professionals can't beat the market, just read any of Bogle's books where he did the research himself. Another thing is that the more stocks you own the more it performs like the market so you...
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