“No King in the History of the World has been the Ruler of Two Billion People, but Mark Zuckerberg is”

BREAKING: @Facebook Global Planning Lead Benny Thomas Reveals Dire Need for Government Intervention 'The Single Biggest Thing is this Company Needs to be Broken Up’ 'No King in the History of the World has been the Ruler of Two Billion People, but Mark Zuckerberg is'#KingZuck pic.twitter.com/HdwCl9Sz06 — James O'Keefe (@JamesOKeefeIII) March 15, 2021

DECOLONIZE CORNELL! Cornell Faculty Revolt Against China Partnership: Professors push back against joint degree program bankrolled by Chinese government.

A joint degree program bankrolled by the Chinese government is causing an uproar among Cornell University professors, prompting soul searching at the Ivy League institution about the extent to which American academics should cooperate with the oppressive regime. At issue is a program introduced at a faculty meeting in early February, when Professor Alex Susskind, … Read more

Look At The US 10Y-3M Treasury Curve Slope As The Federal Reserve Expands Its Balance Sheet (And Look At Venezuela)

by confoundedinterest17 A picture is worth a thousand words. And inflation is starting to rear its ugly head. Hopefully the Biden management team of Powell and Yellen avoid the disasters of Venezuela where their 9% coupon bond that went from par of $100 in 2013 to $10.34 today. With gut wrenching inflation (look at the price … Read more

Payment For Order Flow & The Fleecing Of The Retail Investor

by Lance Roberts The fleecing of retail investors continues as “payment for order flow” expands. Payment for order flow (PFOF) is not new. Previously, in a less connected world of instantaneous data flows, PFOF was minimal and non-invasive. Today, with high-frequency trading, dark pools, and algorithms running amok, retail traders are fodder for Wall Street profits. Some Background In financial … Read more

Retail getting free stimulus money from the government to end up using it to buy the highest valued market in history.

AMC is now worth 2x what it was before COVID — Michael Lebowitz, CFA (@michaellebowitz) March 15, 2021 https://twitter.com/NorthmanTrader/status/1371558661231943684 Dow Jones: U can smell the turning point its so close pic.twitter.com/7y3YjyqYeV — The Great Martis (@great_martis) March 15, 2021 Next stop $30 TRILLION sometime in the next month or so! pic.twitter.com/Cc5VtvQFZ0 — Trig (Fed up! … Read more

BREAKING: Microsoft Azure Active Directory Outage!

This is really a big deal to a lot of companies depending on these authentication services. Pretty much the whole azure cloud is crippled till this is back up. https://status.azure.com/en-us/status https://downdetector.com/status/windows-azure/ If you can't log into Microsoft services, including Microsoft Teams, Office and/or Dynamics, Xbox Live, and the Azure Portal, it's not you It's AD. … Read more

AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain

(Bloomberg) — Dalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over AMC Entertainment Holdings Inc. after the world’s largest cinema chain reported a record loss of $4.6 billion for 2020 amid repeated warnings of insolvency. Wanda, which bought AMC in 2012 for $2.6 billion, cut … Read more

The IRS has released guidance on how to handle the 2020 unemployment exclusion

by LiteBulb88 Since it’s been asked about quite a bit here, the IRS has released guidance on how to handle the $10,200 unemployment exclusion: https://www.irs.gov/faqs/irs-procedures/forms-publications/new-exclusion-of-up-to-10200-of-unemployment-compensation The basic idea is that you’ll put in your unemployment amount on schedule 1, line 7 as usual, then on line 8 (“other income”) you’ll put in (10,200), with the … Read more

Has The Debt Bomb Fuse Been Lit?

Right now, all U.S. financial cans are being kicked down the road. One tipping point is that debt is putting real pressure on the economy. They keep saying the U.S. fiscal picture will improve at some point, but when? We’ve been waiting an awful long time.

Short Sellers Boost Bets Against SPACs

Short Sellers Boost Bets Against SPACs SPAC boom skeptics are betting against deals including Social Finance, Lucid and Lordstown Motorshttps://t.co/vqSd7t1g7Z #lbo #HF #PrivateEquity #pe #mergers #acquisition #deals @ennovance #Hedgefunds https://t.co/azzsNSVX7q pic.twitter.com/msGCjyjdey — Mo Hossain (@MoHossain) March 15, 2021 https://twitter.com/RetirementRight/status/1371344830433955842 https://twitter.com/macro_daily/status/1371335902803464198