Retail is getting a bit too bullish….

Retail is getting a bit too bullish. Equity put/call ratio has dropped to 0.42. Suggesting that most retail investors are buying calls even as markets hit all-time highs.$SPX $NDX $RTY pic.twitter.com/iLJfHENE91 — Markets & Mayhem (@Mayhem4Markets) September 3, 2021 It seems that auto loans are booming pic.twitter.com/XRhRWeZivP — Alessio (@AlessioTMAD) September 2, 2021

As a state of emergency is declared in New York City and New Jersey, this guy is another level of chill!

As a state of emergency is declared in New York City and New Jersey, this guy is another level of chill!#Ida #Hurricane #ViralVideo #Manhattan #Flash Flood Emergency #flood #Bronx #Brooklyn #nycwx #NJwx #TORNADOEMERGENCY #climate pic.twitter.com/4HvtUPKQrn — pragiya (@pragiyatewari) September 2, 2021 They were stuck overnight on the train without electricity, ventilation, food or water during … Read more

The FED says we’re not seeing inflation yet…

The FED says we’re not seeing inflation yet We need to go to da moon pic.twitter.com/6hNj5jkMsY — Alessio (@AlessioTMAD) September 2, 2021 Companies will probably use their record amounts of cash to boost share dividends and buybacks, since corporate balance sheets are on average in better shape than they were pre-pandemic: TS Lombard via @SoberLook … Read more

Xi warns: Don’t expect easy life, be ready to struggle

The Chinese leader tells cadres at the Central Party School that the ‘risks and challenges we face are conspicuously increasing’ Xi’s comments about the the need to fight to protect national security come amid ongoing tensions with the United States Chinese officials have been warned by President Xi Jinping to “discard their illusions” about having … Read more

Central Bank Digital Currencies to Be Tested in Experiment… Project Dunbar

(Bloomberg) — The Bank for International Settlements will test the use of central bank digital currencies with Australia, Malaysia, Singapore and South Africa in an experiment that could lead to a more efficient global payments platform. Codenamed “Project Dunbar,” the study aims to develop prototypes for a common platform that will enable international settlement in … Read more

7.5 million people are projected to lose their unemployment benefits on September 6th.

Pandemic unemployment benefits end in September and states aren’t extending them Around 7.5 million people are poised to lose *all federal unemployment benefits* in a week. They’re going to $0 in jobless aid as delta cases + hospitalizations surge. The looming UI cliff is 3x larger than previous biggest one in 2013, so it’s not … Read more

Job No. 1 for GOP: Try to stop Bernie’s $3.5 trillion monstrosity

How radical is the Democrats’ $3.5 trillion monstrous spending bill? Well, it’s not only the single most expensive legislation in American history, it may well be the most far-reaching expansion of the welfare state as well. Democrats have crammed pieces of virtually every one of their agenda items into the … https://nypost.com/2021/08/31/job-no-1-for-gop-stop-bernies-3-5t-monstrosity/