On Wire

https://www.wsj.com/articles/sec-considers-routing-equity-trades-into-competitive-auctions-gensler-says-11654705854?mod=Searchresults_pos1&page=1 SEC Considers Routing Equity Trades Into Competitive Auctions, Gensler Says The change would be part of a broader set of changes to the stock market’s plumbing that aim to reduce costs for investors ​ Securities and Exchange Commission Chair Gary Gensler said he has asked agency staff to consider requiring brokerages to route individual … Read more

The firm borrowed money to buy stakes in private companies and posted massive gains. But as valuations fade, such bullishness is veering into losses across the industry. ByHema Parmar and Miles Weiss June 8, 2022, 12:01 AM EDTUpdated onJune 8, 2022, 11:30 AM EDT Hedge funds were tallying gains on their hottest bet in years … Read more

It means there aren’t very many good places to keep their money right now.  

by MattiaShaw    

https://twitter.com/Rothbard1776/status/1534364618117767170

by aubullionca You think this is bad? I get Yahoo business pushed to my phone, 0830 yesterday “Stock Rise on Target revenue news” 1630 Yesterday “Stocks whipsaw and end lower on news of Target Revenue” The amount of times they push conflicting narratives is dizzying.

by Boo_Randy There – don’t you feel so much better? https://summit.news/2022/06/07/video-white-house-tells-americans-they-have-it-better-than-europeans-on-gas-prices/ Responding to questions about record high gas prices Monday, White House press secretary Karine Jean-Pierre completely copped out by saying that Americans aren’t as bad off as people in Europe where prices are higher. Once again falling back on the totally debunked notion that Russia’s … Read more

Radical abortion activists who firebombed the office of a pro-life groups in Wisconsin and Oregon and who have vandalized over a dozen churches and pregnancy centers have struck again. Early this morning police and fire departments in Buffalo, New York responded to smoke and fire at CompassCare, a pro-life medical office and pregnancy center that … Read more

by Wreck556  

by Dsomething2000 Venezuela, step aside, here comes Turkey.  

“People aged under 40 are being urged to have their hearts checked because they may potentially be at risk of Sudden Adult Death Syndrome. The syndrome, known as SADS, has been fatal for all kinds of people regardless of whether they maintain a fit and healthy lifestyle. … The term is used when a post-mortem … Read more

The Biden team seems to have given up on doing anything about inflation and high gas prices. Treasury Secretary Janet Yellen has changed her tune from calling it “transitory” to saying that she expects it to persist for a while. Biden Treasury Secretary Janet Yellen: "I do expect inflation to remain high, although I very … Read more

Scientists have long predicted a giant 9.0-magnitude earthquake that reverberates out from the Pacific north-west’s Cascadia fault and quickly triggers colossal waves barreling to shore. But what if these predictions were missing an important piece of information – one that, in certain scenarios, could tell an even more extreme story? A new study, published last … Read more