Walmart to Enter Metaverse

Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of NFTs. The big-box retailer filed several new trademarks late last month that indicate its intent to make and sell virtual goods. In a separate filing, the company said it would offer users a virtual currency, as well … Read more

Tesla Delays Cybertruck

Tesla has once again delayed one of its products, with the latest reports indicating that the company’s Cybertruck will be delayed until 2023. The Company initially promised production would begin in 2021. A recent report from Reuters states that production of Tesla’s Cybertruck pickup truck has been delayed and is unlikely to even begin until … Read more

The Inverse Cramer ETF is overdue…

These are the picks Jim Cramer told his audience to buy at the start of 2021 and what they're worth now. The Inverse Cramer ETF is overdue. pic.twitter.com/23vKYBe93l — Inverse Cramer (@CramerTracker) January 17, 2022 Cramer has recommended buying Robinhood $HOOD 4x (current $15.17) 📉1Date: 7-29-21Price: $34.82Change: -56.43% 📉2Date: 8-3-21Price: $46.80Change: -67.59% 📉3Date: 8-4-21Price: $70.39Change: … Read more

Simply Unaffordable! Fannie Mae Multifamily Financing Grew 23% … While Home Prices Grew 19.1% And Real Hourly Earnings Fell -2.36% (Rising Mortgage Rates Make The Affordability Problem WORSE)

by confoundedinterest17 Mortgage Orb has the tantalizing headline: “Fannie Mae’s Financing for Multifamily Affordable Housing Grew Over 23%.” At first, this sounds amazing … until you realize how simply unaffordable housing is much of urban/suburban America. If you look at the following chart, you can see multifamily (5+ unit) starts remain elevated (pink box) which is not surprising given … Read more

China’s home prices fell at slower pace in Dec amid easier financing for housing market

#China’s #home prices fell at slower pace in Dec amid easier financing for housing market https://t.co/Flss4rT4mp — YUAN TALKS (@YuanTalks) January 17, 2022 *China’s seen their TFP (total factor productivity) diminish heavily since 08 – thus eroding GDP w/ it (China’s real GDP is less than half what it was 15yrs ago) Meanwhile China’s ICOR … Read more

Email scams on the rise. Protect Yourself!

Edit because some don’t read: email sender can be spoofed. So, you can verify the sender, and still get scammed! Just saw this article in the nypost. Amazon email scams are up 500%! And, my inbox is filling up with various phishing schemes daily. The article is good to draw attention to it, and possible … Read more

Dem: Spending stops inflation

House Appropriations Committee Chairwoman Rep. Rosa DeLauro (D‑Conn.) claims that the expanded federal child tax credit and passage of President Biden’s stalled, multitrillion-dollar Build Back Better Act would help fight inflation.Inflation has hit its highest level since 1982, according to the latest data. Biden’s $1.9 trillion American Rescue Plan included automatic, advance CTC payments, which … Read more

An NFT restaurant opening in New York will serve up status with a side of seafood. membership tokens currently going for $13,600.

NFTs have been steadily making their way into the restaurant world (along with seemingly every other sphere, from art to politics). And so a restaurant whose founders claim is the first of its kind, essentially offering admittance only to the holders of a limited number of non-fungible tokens, seemed inevitable. Flyfish Club, set to open … Read more

Are the hackers/scammers pushing too far?

by TheGreatHambino2 I feel like I’ve seen countless news stories of scammers/hackers preying on individuals, liquidity pools, exchanges, etc. It just boggles my mind that despite all of these scams and hacks draining people’s coins/wallets, new money keeps flowing into crypto. Is the main thing propping up the crypto market at this point the stable … Read more

Xi: crush bad digital economy

SHANGHAI (Reuters) — President Xi Jinping has called for improved regulation and governance of China’s digital economy to guard against its “unhealthy” development as Beijing aims to boost the sector’s contribution to the country’s growth.In an essay in the ruling Communist Party’s publication Qiushi on Saturday, Xi called for focusing on key areas including integrated … Read more

Your Pay Stubs Are Important

Pay stubs are an important part of your working life as an employee, as important as receiving the money you are due to be paid. There are a number of reasons why your pay stub is important and why you should request them if you do not receive one from your employer. We have gathered … Read more

Politics Is Dead, Here’s What Killed It

by Charles Hugh-Smith Here’s “politics” in America now: come with mega-millions or don’t even bother to show up. Representational democracy–a.k.a. politics as a solution to social and economic problems–has passed away. It did not die a natural death. Politics developed a cancer very early in life (circa the early 1800s), caused by wealth outweighing public opinion. This … Read more

What In The World Is Happening To Our Planet? One Of The Most Catastrophic Disasters In Modern History Should Be A Wake Up Call For All Of Us

by Michael Snyder Why does our planet keep getting hit by “historic disaster” after “historic disaster”?  Over the past couple of years, an extremely unusual series of hurricanes, tornadoes, droughts, floods, earthquakes and volcanic eruptions has rocked the globe.  Authorities keep telling us that “everything is normal”, but the truth is that there is absolutely … Read more