"A drone maker backed by President Donald Trump's two oldest sons is trying to sell to Gulf countries while they are under attack by Iran and dependent on the U.S. military led by their father," per PBS
It's all just one big market -- crypto, sports betting, meme trading, prediction markets, 0DTE options, online casinos
It's all various forms of gambling with a high rake for the intermediary
This is why CAC is converging across all these different providers
Europe will remember
“The hard part is done,” now for you to do the harder part.
Also, not for nothing, but “Go get your own oil” feels like an epigraph for a book/chapter on the end of yet another era.
When does the rest of the world get to negotiate with a new and more reasonable regime in the US?
Always the same cow.
That coin is a distraction for the real grift the Trump's have going in crypto (World Liberty Financial USD).
Want to get Trump favors? You park some cash in WLF and let the Trump's run off with the interest (e.g. see the Binance founder pardon).
I thought he was just a US sales person for the US arms industry
11
Not being endorsed by that clown is a gift.
This 100%. Democratic party is really not inspiring either.
Today's low (and close) undercut the December low.
In the past 75 years, this has led to negative FY returns more than half the time (vs anytime of ~80%).
YTD, SPX's drawdown is 5%; in year's like these, the median max drawdown is 17% and the minimum is 7%.
Source on chart
I've been writing the Weekly S&P500 ChartStorm for over 10 years now... here's some of my favorite timeless charts from the earlier years: www.chartstorm.info/p/weekly-s-a...
What do those 6 really have to say? We all wake up and go to sleep with America's lunacy.
If the US wants to release said reserves, the other 6 will comply. In the case of Europe, another alternative is risking more favors for Russia like the temporary lifting of bans last week to ease oil prices..
I'm not. I know, quite unusual for social media. Happy to see your posts on here every day!
Europe is not united. They are not in a position to ask anything. Is what it is.
What do we call tweets on Bluesky? Was there a meeting about this? Being told my idea is not workable.
I've successfully managed to find most of the old "fintwit" crowd on here. Really is no reason to even consider X at this point.
bsky.app/profile/did:...
Also worth noting how Elon's site seems completely bot/AI infested. The replies are usually fully of this "if not x, then y" LLM talk. It's the dead internet theory in full swing.
Barely see that on Bluesky or Reddit. I guess no financial incentive on Bluesky and on Reddit the LLMs get downvoted.
Fed governor Stephen Miran suggests that if he had to submit a rate projection for 2026 on current data, he would pencil in 100 bps in cuts this year, instead of the 150 bps he submitted at the December forecast round. www.thepeg.co/p/transcript...
I share the frustration about everyone bothsidesing everything and the role this has played in the country being where it is today. But Nick Timiraos is not one of the ones who does this.
You are not wrong and I think it's in part due to those with the strongest believes to have left X first and feel like they need to police the narrative here.
That being said, as a BlueSky reader (not poster), my experience here is a lot better than on X, especially for the "fintwit" niche.
Breadth is talked about way too often for something that holds practically no predictive value.
So a coin toss, why is that special?
When people say “but both sides need to tone it down” they’re telling you who they are. Believe them.
Use it for coding a lot. It's great at that, but I fail to see how it will end entire SAAS offerings. I'd expect these SAAS firms to ship their products with better margins, and that will probably compensate any potential loss of customers?
And it being a big paycheck for the Trump family. Eric Trump's X timeline is testimony of that.
This was the low. SPY made successive ATHs, climbing 7% in the next 2 months.
SPY is now back to its 20-wma (677). Deeper correction awaits if it fails (arrows)
Crazy story: A bank analyst published a report showing Kalshi users lose money even faster than sports gamblers, so Kalshi first tried to pressure the data provider to change their data and then accused them and the analyst of conspiring to extort them when that doesn’t work.
