Breaking news, updates, and reports on current events.
by OptionsKing–CFTC Charles Schwab CDS vs JPM CDS You can even seen the price go up well before SVB (banking crisis as a whole) went under. If I had to take a guess, the company owns a ton of US treasury bonds that are all low rates from 2020/2021 (or before) and fed rates going … Read more
via thespectator: ABC’s Terry Moran noted the passage of Tennessee’s legislation during his live report, as a possible and thus far speculative motive. New York Times and NBC News contributor Benjamin Ryan, in a since deleted tweet, noted that Nashville “is home to the Daily Wire, a hub of anti-trans activity by @MattWalshBlog, @BenShapiro and @MichaelJKnowles.” Several other outlets, including NPR, the New York Times and USA … Read more
by Michael When a great tragedy happens, it should bring us together. But instead, each new tragedy seems to tear us apart even more. The Nashville shooting is a perfect example of this. Instead of focusing on the victims and grieving for the lives that have been lost, many are using this tragedy as an … Read more
KENTUCKY (WFIE) – Officials with the Kentucky Energy and Environment Cabinet say their Emergency Response Team (ERT) responded to a barge incident Tuesday morning on the Ohio River in Louisville. They say it involves 11 barges, 10 of which came loose from the tug. https://www.14news.com/2023/03/28/water-being-monitored-henderson-after-barge-incident-louisville/
https://www.cnbc.com/2023/03/27/disney-layoffs-bob-iger-memo.html Disney will begin layoffs this week, the first of three rounds before the beginning of the summer that result in about 7,000 job cuts, according to a memo sent by Chief Executive Bob Iger. The cuts are part of a broader effort to reduce corporate spending and boost free cash flow. Disney said last … Read more
by confoundedinterest17 The Federal Reserve is in retreat and housing prices reflect the retreat. Case-Shiller’s national home price index slowed to 3.79% YoY in January as The Fed slows its money printing. All 20 cities were down MoM in January with Seatlle declining the fastest with Las Vegas the second fastest decliner. According to ApartmentList.com, apartment rents are … Read more
by Araphoren I’m here to spread the good news (liquidating Schwab’s cash reserves would be cool too) Brokerages should sweep your cash overnight into a money market (MM) fund that gives you a yield based on the FFR everyone here keeps yelling about. TDA does not. TDA instead offers you 0.35% in all sitting cash in your brokerage. Spoiler: … Read more
by Howell–Jolly Duration of 25 means if ~30 yield treasury yields go from 3.8% to 1.8%, this ETF would be up >50% I anticipate that in the near future there might be more significant bankruptcies and hence a panic in the stock market, and EDV will rise in that case. But, if the Fed raises … Read more
At least 37 people were killed after a fire broke out at a migration center along the U.S.-Mexico border, officials have said. Many more were injured, with 21 people taken to four local hospitals, officials told Telemundo affiliate KTDO early Tuesday, after the fire at a facility run by the National Migration Institute (INM) in … Read more
This Irish man is reporting that in the middle of a housing crisis where Irish citizens can’t find homes for themselves, the Government is bringing in thousands of military aged men from Nigeria and other places.The gov. gives the illegal migrants housing and takes care of them, but not their own citizens. Sound familiar? AC
Update: Police identified the suspect as a 28-year-old Audrey Hale, who they shot and killed at the scene. CBS News is still working to confirm Hale's gender identity. — CBS News (@CBSNews) March 28, 2023 Why does it matter? are the laws different for females vs males vs. pretend males and females? No? then who … Read more
Longtime enemies Saudi Arabia and Syria recently announced that they have initiated negotiations aimed at ending hostilities between the two, with all conversations coordinated by Vladimir Putin and Russia. The news surprised most Western observers, but unquestionably will further serve to isolate the United States as a player in the Middle East.
by Kuranes_ov_Celephais “and for other purposes” Just your standard ambiguous phrase so they can stuff anything and everything they want under the umbrella. Full text is here: https://www.congress.gov/bill/118th-congress/senate-bill/686/text Highlights include allowing the feds to access any of your software or hardware, at any time, without any judicial oversight. Arbitrary designation of foreign parties as enemies, and … Read more
By Graham Summers, MBA Something doesn’t add up. The Fed and Treasury keep telling us everything is fine… but the Fed has just expanded its balance sheet by $400+ billion in the span of two weeks. We haven’t seen money printing like this since the depth of the 2020 meltdown. The Fed has erased 2/3rds … Read more
Here’s what American Thinker said on it…. In the United States today, the White population (not including Hispanics) is 57.8%. In real life, Caucasians are still in the majority, but now on TV and the Internet, they are swept under the rug like trash. Blacks comprise 14% of the U.S. population but appear in 50% … Read more
https://twitter.com/_/status/1640549818568265730 Hale fired a number of rounds inside the Covenant Church/School building. She was armed with these 3 guns and significant ammunition. pic.twitter.com/3LYOU2r0sh — Metro Nashville PD (@MNPDNashville) March 28, 2023 h/t MonkeyWrangler
From bloomberg: https://www.bloomberg.com/news/articles/2023-03-27/schwab-s-7-trillion-empire-built-on-low-rates-is-showing-cracks On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense. The firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Bank, nor to startups and venture capital, which felled Silicon Valley Bank. Fewer than 20% … Read more
