$RIVN stake was responsible for 82.5% of $AMZN Q4 net income. If you subtract that, EPS is ~60% LESS than same quarter of last year.

https://twitter.com/inverse_WallSt/status/1489362250284609539 https://twitter.com/RJRCapital/status/1489347013787492357 https://t.co/RmYUP7doai pic.twitter.com/ZDFxTA39xt — The Great Martis (@great_martis) February 3, 2022 $AMZN online store revenue growth of 1%. A year ago it was 43%. — funwithnumberz (@funwithnumberz) February 3, 2022 https://twitter.com/RJRCapital/status/1489356106937909248 https://twitter.com/WifeyAlpha/status/1489378854103887876

US Would Have Highest Top Income Tax Rate…

Nobel-prize-winning economist Milton Friedman famously quipped that there’s no such thing as a free lunch. Well, despite the Biden administration’s rhetorical spin, there’s also no such thing as a multi-trillion-dollar spending plan that costs “zero dollars.” Indeed, Biden’s plans include a vast …

READ MORE

Jim Rickards: We’re now past the point where a majority (who pay no tax) can tax the minority (who do pay) to redistribute income and support federal benefits. That condition never lasts long, never ends well.

60% of U.S. Households paid no income tax in 2020. So, we're now past the point where a majority (who pay no tax) can tax the minority (who do pay) to redistribute income and support federal benefits. That condition never …

READ MORE

The Upper Income Class Spending Boom

by UPFINA We are on the eve of the May BLS labor report which should show job creation rebounded following the much weaker than expected reading in April. This will come right before the Fed’s June meeting. It probably won’t impact …

READ MORE

This black dude gets it. Universal income

  Oakland Giving Low Income Families $500 a month.…But Not If You’re White Oakland Mayor Libby Schaaf announced race-based program to give families of color $500 monthly checks  Half of the $500 grants will be to families earning under $30,000, in …

READ MORE