All ‘Smash and Grab’ Looters Released on $0 Bail (ZERO BAIL): “This will not stop anytime soon.”

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  https://www.foxla.com/news/smash-and-grab-robberies-14-arrested-in-11-incidents-all-released-on-cas-zero-bail View post on imgur.com View post on imgur.com   Alarm grows over smash-and-grab robberies amid holiday season… https://thehill.com/homenews/state-watch/584057-smash-and-grab-crimes-raise-alarms ‘Flash mobs’ roiling retailers, traumatizing workers… https://www.sfgate.com/business/article/Flash-mob-robberies-roiling-U-S-retailers-16671485.php 14 arrested — all released… https://www.dailymail.co.uk/news/article-10271809/LA-cops-arrest-14-suspects-11-smash-grab-robberies-freed-zero-bail-policy.html   h/t dr0id

I think someone just got liquidated…

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by SM1334 The coin market just crashed as much as 40% in some popular coins and 25% drop in the main coins. This all started at almost exactly at midnight EST. So this leads me to speculate that someone was margin called today (or the day before) and had until midnight tonight to get the … Read more

Next Economic, Financial “Crisis” Begins in 2022

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by C Hamilton  The fuel for economic growth, particularly in a nation running gargantuan trade and budget deficits, is population growth. Not any population growth, but working age population growth. It is the growth of this cohort that drives potential employment growth, potential consumer growth, potential homeownership growth. Absent that growth, the means to continue “growing” … Read more

All of the stocks in Cathie Wood’s Ark Innovation fund are in a bear market except 2. Trimble and Tesla.

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https://www.cnbc.com/2021/12/03/all-of-the-stocks-in-cathie-woods-ark-innovation-fund-are-in-a-bear-market-except-2.html It’s been a dismal week for Cathie Wood’s flagship fund, Ark Innovation, that’s left nearly all of her holdings in bear market. Wood’s main exchange-traded fund, which trades under ticker ARKK, is down more than 12% this week, on pace of its worst week since February. Ark Innovation is down 6% on Friday. The … Read more

Stocks Could Fall Sharply In 2022 Warns Latest Technical Data & Volatility Indicators | Sven Henrich

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by Adam Taggart, Wealthion  This video is the middle of three videos cut from a 2-hour long recording session with stock market technical analysis expert Sven Henrich. Here, Sven walks through the latest charts and key patterns he sees with the VIX (the volatility index) and the major stock market indices: the S&P 500, the Dow, … Read more

The financial markets are extremely broken….The CAPE ratio is just the second highest in over 100 years

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The financial markets are extremely broken. You can blame the 1,000 point drop on Friday or something else but the fact is whether you're bullish or bearish, you have to admit something feels seriously off right now. — Financelot (@FinanceLancelot) December 3, 2021 This chart still amazes me. Junk bonds are one of the most distorted … Read more

Editor-in-Chief of @themarkup Julia Angwin: PredPol Racist for Predicting More Crimes in Black Neighborhoods

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And so PredPol continues to make crime predictions that are incredibly unevenly distributed by race. Take these two neighborhoods in Plainfield, N.J. – where 11 crimes were predicted in the White neighborhood and 1,940 in the Black & Brown neighborhood. /13 pic.twitter.com/z5JW7LST0x — Julia Angwin (@JuliaAngwin) December 2, 2021 h/t dr0id

It took one man to bring down the Soviet Union. Is there one man today who can lead us out of all this?

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A shipyard electrician by trade, Lech Walensa became the leader of the Solidarity movement, and led a successful pro-democratic effort which in 1989 ended the Communist rule in Poland and ushered in the end of the Cold War. Can anyone think of one single person capable of defeating this totalitarian cabal today? I can’t. https://twitter.com/NeilFer50704831/status/1466771245597347842 … Read more

Psaki Just Gave LAMEST Excuse for Biden Ignoring Waukesha Christmas Parade Massacre

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https://www.youtube.com/watch?v=0KO-8H5yNSU Martin Walsh from Trending Politics reports, White House Press Secretary Jen Psaki says Joe Biden has no plans to visit Waukesha, Wisconsin, after the deadly Christmas parade attack. During Monday’s press briefing, Psaki said Biden didn’t have plans “at this time” because sending the president to a community “requires a lot of assets.” Read … Read more

UPS Lays Off 100s of Workers in Biden’s Hometown Scranton

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UPS is laying off hundreds of workers in (and around) resident Joe Biden’s hometown of Scranton, Pennsylvania. 232 employees will work through the holiday season until their final day of work on February 25. “This layoff will be permanent, and ‘bumping rights’ (that is, the right to avoid termination by displacing another employee) do not exist,” UPS said … Read more