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You have to wonder who would be stupid enough to give this psychopath more money? I watched the WeWork (2021) documentary on Hulu and Neumann & his wife come off looking like crazy cult leaders.

We need a Teddy Roosevelt type leader to destroy the conglomeration of corporations, but I wouldn't hold my breath for it. All we get are corrupt politicians with their hand out for bribes after they leave office. How about our former President Obama going from community leader to owner of $20+...

RAD is a favorite of the degenerates over at r/WSB (Wall Street Bets on Reddit). I started reading r/WSB during the 2015 election cycle and the 2 stocks they loved to trade was RAD & CVNA (Carvana). Amazingly 8 years later they are still trying to pump those terrible companies. They are...

Unless you are willing to free float your currency & issue bonds in a liquid fashion, talk about replacing the USD is a joke. I remember during the GFC in 2008 people were talking about the Euro replacing the dollar but I knew it was just a mirage -- Tom Brady's ex-wife claimed to take her...

You think Salon is an alt-right platform? That's pretty funny. It is just another leftist rag that has been crying about Trump since day 1. You've obviously never read Salon before. Anyway, the problem with most of Pan-Asia is they have a very Xenophobic culture. Individual countries don't just...

Just like when he was crying on CNBC in March 2020 and claiming the markets were about to collapse and in the meantime he was buying up futures. He is like a real life Gordon Gekko -- a real scumbag.

India does not like China at all. No way BRICs will ever be a currency alliance. US dollar will win as always. The US government is a corporation first government. The Oligarchs of the US don't give a fuck whether its citizens live or die, as long the US has the most profitable companies is all...

What a joke these idiots have become. I guess Yellen is now a believer in that MMT nonsense. What do you expect from someone who believed subprime borrowers wouldn't pose any problem and that real estate never goes down.

Reich is you typical rich Berkeley leftist. All platitudes of equality except when it comes to their own finances and suddenly he is just another bay area NIMBY blocking any new housing built in the SF bay area.

All these housing problems explain why US home builder stocks seem to go up every day. Just buy ITB or XHB. My main investment ideas is to buy the FANG+ stocks & homebuilders. I own FNGU, SOXL & NAIL -- all 3X ETFs of FANG+, semiconductors & housing.

Yeah it seems like since the recession of the early 1990s, the US just relies on bubble after bubble to "create" wealth. Internet, Real Estate, Bond Market and AI. Its the downside of exporting all your industries to the 3rd World. Financialization of industries. I still believe that the nVidia...

Maybe I'm wrong but I doubt its true. I was a Chemistry Major at UCB from 1987-1991 and Superconductors were the big rage back then -- although it was in Inorganic Chemistry not Analytical Chemistry. Ytterbium amalgams were the rage in the early 1990s but you needed extremely low temperatures...

That explains the ES collapse at around 1200 CST.

The management of Reddit imposed a very high cost for using its API which was free before. From my understanding most people who accessed it, they used non-Reddit apps to use it (like Apollo & RedditIsFun). I'm pretty sure it is part of a campaign to dump Reddit to the public via an IPO or...

I think these "Buffer" ETFs started proliferating last year. I believe the first ones came out in 2022 Q1 and they would protect against the first X% downside with a cap of Y% gains. I assume these are for people who can't take any losses -- probably (U)HNW PWM shops.

My experience watching the major US indexes & futures: (YM + NQ) / 2 = ES It does depend on the sectors in favor and to what degree but I think over the long term this equation does hold. Because of the skewed AI beneficiaries, NASDAQ has outperformed by more than the usual margin. Its pretty...

My guess is Barchart didn't account for the large dividends distributed by BITO the last few months. I think since March BITO has distributed like 10-11% of dividends. Most likely there is no material difference if you add back the dividends. Edit: Since Feb 1 BITO has distributed $2.22 in...

I was a DJ from November 1988 up until NYE 1992. I pretty much stopped listening to music on the radio from 1994 until 2007. I really like Progressive Trance especially from 2005 - 2009 which was really the hey day I believe. Of course the seminal Progressive Trance song is Xpander by Sasha...

The funniest memes were on r/WSB during the NASDAQ crash back in October 2022. Also there were some great memes on TikTok influencers telling you how to buy infinite properties via pyramiding. If I can find them I'll post them later.

Yeah I've read a few books about the aftermath of the Long Depression which led to JP Morgan lending money to the US government and eventually to the formation of the Federal Reserve. It wasn't a bad idea at the time since these state banks themselves would become insolvent if the local...