@JPlainclothes Free market capitalism is a glorious thing. We don’t have that.
Central bankers picking the winners and losers is a horrible, horrible thing.
UPDATE
We estimate that Nancy Pelosi has made $4.48M in the stock market so far in May.
This is 25x her annual salary in 3 days.
Here are the members of Congress who have made the most in the market today:
Aged very well. $GME is up almost 30% since all those bearish options expired and left a wide-open field for bulls to finally play. Since then, options trading behavior has flipped to the complete polar opposite type of behavior compared to April OPEX, which saw vanna…
Aged very well. $GME is up almost 30% since all those bearish options expired and left a wide-open field for bulls to finally play. Since then, options trading behavior has flipped to the complete polar opposite type of behavior compared to April OPEX, which saw vanna… https://t.co/VoWNRA80b4
BREAKING: Senator Thomas Carper just disclosed a purchase of Enbridge stock, $ENB.
Enbridge is an oil and natural gas pipeline company.
Carper is the chairman of the Senate Committee on Environment and Public Works.
He also sits on the Senate Finance Subcommittee on Energy.
The Powell Fed intentionally killed the American dream.
Don't believe us? Here's a 🧵
Between March 2020 and Sept. 2022, the Fed purchased more than $3.6 TRILLION RESIDENTIAL Mortgage Backed-Securities. This radical action was not authorized by Congress or existing statute...
"The Fed will have to recognize that real inflation for real things, that real people buy.. is not under their actual control.
And until they're honest with that message, they're basically in a situation where their mode of fighting inflation doesn't really connect to the…
BREAKING: US Subprime auto loan delinquency rates are now set to cross above 4% and stand at 2008 levels.
The 60-day delinquency rate for subprime auto loans is now ~3.9%, doubling in just 3 years.
Since 2021, subprime and prime auto loan delinquencies have moved in a…
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