For now, bear market still has a pulse

I think the 2008 vs. 2022 analog on the #sp500 shifted two weeks forward. I mentioned earlier this week it may have. Again this isn't meant to predict prices; it is meant to tell us if the #bearmarket cycle is still in play. For now, it still has a pulse. pic.twitter.com/yMv8G2wv91 — Michael J. Kramer … Read more

Turkey to integrate digital currency with national digital identity system – UK to introduce digital currency

Turkey is planning to launch a central bank digital currency (CBDC) that will be integrated with the country’s digital identity system and the Central Bank of the Republic of Turkey’s FAST instant payments service. The integration will form part of the next phase of the country’s Central Bank Digital Turkish Lira Research and Development Project … Read more

VIX is cheap. AAPL isn’t.

We're not falling apart with $AAPL up 12% since last night's low, but only reason is because they refused to give guidance…$SKEW is extremely depressed as is $VVIX as $VIX tags 200D. Translation: $VIX is cheap.$AAPL isn't. — Samantha LaDuc (@SamanthaLaDuc) October 28, 2022 Those chasing $AAPL must not have listened to the conference call. … Read more

Near-record low water levels on US river are affecting key commercial activities, such as shipping and farming.

by  Boo_Randy The mighty Mississippi is a vital transportation corridor for moving agricultural products like corn and soy down-river. If the barges stop moving, that is going to have a big impact on food distribution. https://www.aljazeera.com/news/2022/10/28/drought-stricken-mississippi-river-creates-woes-across-us-region Near-record low water levels on US river are affecting key commercial activities, such as shipping and farming.

Since last September, 75% of Meta’s market value has been wiped out, bringing it down to 2015 levels. This represents a loss of $104 billion for Mark Zuckerberg’s personal net worth

Zuckerberg has really sunk the ship with his Metaverse obsession, not to even mention countless scandals about privacy, botting, manipulation, and the site becoming unusable in general with promoted posts replacing posts by friends. A stunning fiasco – Facebook may finally be going out like MySpace did, but it won’t be remembered as fondly. (Who … Read more

Poised to lose control of Congress, Democrats are pulling out all of the stops changing rules for mail-in & early voting, voter access, voting machines, voting registration, ballot counting, & access for poll watchers. In response the GOP has filed 100 lawsuits – but will they be enough?

WASHINGTON (AP) — Election Day is 12 days away. But in courtrooms across the country, efforts to sow doubt over the outcome have already begun. More than 100 lawsuits have been filed this year around the Nov. 8 elections. The legal challenges, largely by Republicans, target rules for mail-in voting, early voting, voter access, voting … Read more

Elon Musk Says New Twitter Moderation Team Will Have “Widely Diverse View Points”

by Chris Black Does this mean we can post crime statistics and name them now? Twitter will be forming a content moderation council with widely diverse viewpoints. No major content decisions or account reinstatements will happen before that council convenes. — Elon Musk (@elonmusk) October 28, 2022 A new era of shitposting peeks the horizon. … Read more

KanYe is Back on Twitter

by Chris Black KanYe committed career suicide just to name them. He’s the only superstar celebrity I’ve ever seen do something like this in my entire life. And he stood up for White people. That’s practically unheard of among top celebrities. At least he’s back on Twitter, and the cat’s out of the bag. Rapper … Read more

If Free Speech is a Danger to “Democracy”, What Does It Say About “Democracy”?

by Chris Black In an America with the First Amendment, you may lose your Twitter account for being “anti-Semitic” (noticing things/patterns basically), but in Europe you’ll end up in prison or having to pay out crushing fines. The government is clearly a much bigger threat to you than private companies. ADL sounds alarm over Musk … Read more