Big Drop in Black Friday Retails Store Traffic

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Preliminary data shows a drop of 28.3% in foot traffic at U.S. retails stores on Black Friday as compared to 2019 levels. Sensormatic Solutions found that the drop was even bigger for Thanksgiving Day, visits to brick-and-mortar stores plummeted by 90.4% compared to 2019. Retailers including Target Walmart and Best Buy chose to remain closed … Read more

Crime on trains, buses rises…

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As she waited for a Metro train in Hollywood, Maritza Mancilla shielded herself behind the escalator bringing passengers down into the fluorescent lit underground. She wanted to see the newcomers before they could see her. The 55-year-old, who relies on public transportation to get to her job as a house cleaner, has seen fights break … Read more

The similarities to 2008 keep piling up…

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#recession … #GFC2 US #Housing #Bubble 2.0 edition The similarities to 2008 keep piling up https://t.co/PnaFolhRrJ pic.twitter.com/xSL36GWKhy — Invariant Perspective (@InvariantPersp1) November 28, 2021 #recession … #GFC2 US edition https://t.co/rZGRNSjDtJ — Invariant Perspective (@InvariantPersp1) November 29, 2021 #recession pic.twitter.com/TVPQX1enNT — Sandip Vaidya (@SandipVaidya16) November 28, 2021 #recession … #GFC2 US #GDP edition https://t.co/snUtKbKnLP — Invariant … Read more

AOC… We need to ignore Senate Parliamentarian and jam through Citizenship for Illegals…

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Senate Democrats previously pitched the Senate parliamentarian on two plans that would provide permanent residency to millions of illegal invaders, but they were rejected for not complying with the rules for what can be included in legislation passed under reconciliation.   Still, radical House Democrats and some pro-illegal immigration groups are urging Senate Democrats to add … Read more

This will never not be funny…

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MINNESOTA NASTY: Two Minneapolis Best Buys Robbed On Black Friday As ‘Flash Mob’ Thievery Spreads Beyond California. Flashback: Minneapolis Mayor Comes to Striking Conclusion That Defunding the Police Increased Crime. Or to flowchart the progression: h/t Ed Driscoll 

FBI Caught In Another Scandal Operating as Biden’s ‘Personal Gestapo’

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Roger Stone, a longtime GOP operative and sometimes-adviser to former President Donald Trump, blasted President Biden over his alleged use of the Justice Department to target opponents, calling the FBI his “personal Gestapo,” a reference to Hitler’s secret police. Stone, who was pardoned by Trump after he was convicted of lying to Congress about Russian … Read more

Microsoft CEO Nadella Satya sold $285 million of shares last week – 50% of all his shares

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That is some serious jack. he’s just an employee, not like he bootstrapped the company ffs. 838,584 shares at $340 each. http://openinsider.com/insider/Nadella-Satya/1513142 Here is Elon’s sales http://openinsider.com/insider/Musk-Elon/1494730 Has the smart money already exited the markets? The Smart Money Index has fallen significantly even before the slump on Friday. pic.twitter.com/vY0q8v4jY0 — Holger Zschaepitz (@Schuldensuehner) November 28, … Read more

GBTC ETF is significantly underperforming Bitcoin. GBTC’s 2% expense ratio is generating $740 million in annualized fee income for its management!

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Ref: https://www.barrons.com/articles/grayscale-bitcoin-trust-fund-etf-price-51637689328 With $37 billion in assets, the Grayscale trust GBTC is the world’s largest Bitcoin fund. It towers over every other fund on the market. Investors have flooded into the Grayscale trust because it owns Bitcoin directly. Its largest holder is Ark Invest, the fund shop run by Cathie Wood, which has invested $375 million … Read more

Monday Morning – Be Patient

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by HSeldon2020 The S&P futures market opens in about an hour and will give a pretty good indication if the selling pressure has abated or plans to continue. Key here is patience. Buyer and Sellers are both going to be looking for signs of a definitive direction before committing. This means that gaps up can be … Read more