The government says that all debt will be serviced, though it will happen in rubles as long as sanctions — imposed because of the war — don’t allow dollar settlements. Failure to pay, or paying in local currency instead of dollars, would start the clock ticking on a potential wave of defaults on about $150 … Read more
by atobitt TL:DR This is the FIRST time I have seen a FINRA violation for dark pools… Could they be starting to crack down on it? You’ve gotta read this. Newest violation on 3/7/2022 – $2,000,000 fine
Here’s one deprivation the Russian people probably weren’t expecting. American drugmaker Eli Lilly has decided to halt export of all non-essential drugs to Russia, including its blockbuster erectile dysfunction drug, Cialis. The drugmaker told the FT that while it would continue to supply drugs for life-threatening illnesses, it will suspend all marketing, drug trials and investment in … Read more
Kathleen Black is facing a 50% rent increase on the older three-bedroom central Scottsdale apartment she shares with her four kids and father. “My apartment’s management is upping my rent by $800 a month,” said Black, who moved from Goodyear to Scottsdale in 2020 after a divorce so her children could go to school with their … Read more
h/t ADdreaming
The Biden Admin doesn’t support a peace deal https://t.co/JW2zCnpeNN — Jack Posobiec (@JackPosobiec) March 15, 2022
Did Pfizer hide adverse reactions? Dr. Ryan Cole: "If an authorization from a legal point of view is obtained through fraud, then the liability protections these pharmaceutical companies are granted through the CARES Act by Common law, those protections go away." pic.twitter.com/5GEL7gMAAn — Dr. Simone Gold (@drsimonegold) March 15, 2022
Amid economic turmoil for the American people, their representatives in Washington gave their offices a double-digit raise this month even as the average American worker finds their real wages decreasing due to inflation that outpaces wages at new. If you missed Congress giving itself a little pat on the back, that’s understandable — members aren’t … Read more
https://twitter.com/asymmetricalpha/status/1503854277042872327
by mnelso32 It is widely expected that the fed will start a series of rate hikes this year starting with a 25 BPS rate hike during the March 15-16th FOMC meeting (today and tomorrow). This is significant because the market has been used to 0% interest rates for quite a while now. In fact, whenever the … Read more
by Chris Black This is kind of eerie as it happens so fast, but everything is by design if you ask me. https://twitter.com/disclosetv/status/1503728487840063491 📢 India is reportedly considering buying Russian crude oil in rupees and rubles rather than the US dollar. https://t.co/dRkqy3gRmE — Lotus Eaters News (@lotuseatersnews) March 15, 2022 This entire game is based … Read more
by Chris Black This hasn’t gotten the attention it deserves. The Iranian Revolutionary Guard ordered a ballistic missile attack on a Mossad facility in Kurdish held Iraqi territory. There were numerous casualties, including some high ranking Israeli officers. Safe to say the US and Israel are pretty spooked. #EXCLUSIVE: IRGC strike on Mossad base in … Read more
https://twitter.com/WallStreetSilv/status/1503848707753746435
The index of US-listed Chinese shares is down 75% from the peak. pic.twitter.com/iEhvPmiaDr — (((The Daily Shot))) (@SoberLook) March 15, 2022 Tencent and Alibaba, $BABA, have lost more than $1 trillion in combined market value since the selloff in Hong Kong stocks began 13 months ago. — unusual_whales (@unusual_whales) March 15, 2022 I love how … Read more
h/t pittluke
by dreadnought89 Yesterday Barclay’s announced that they are suspending any further sales from inventory/issuance of VXX shares. This is the ETN that holds the front two months of /VX VIX futures contracts. Since the announcement, VXX has become decoupled from the VX futures prices, and is trading at a massive premium over NAV. VXX implied volatility … Read more
