cbas160
@cbas160
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Joined April 2011
@ChrisMurphyCT Murphy and others seem more concerned with shielding Biden's foreign policy blunders. During the Biden administration: 1.) The Afghanistan withdrawal left behind vast amounts of U.S. military equipment, much of which ended up on the black market. 2.) The administration offered
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Unbelievable
In the past 3 months San Francisco has confiscated enough fentanyl to kill 28 million people. Think about that. https://t.co/4vmYrggM27
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2023 First Half Returns... The Enormous Eight... $NVDA: +190% $META: +138% $TSLA: +113% $AMZN: +55% $AAPL: +50% $NFLX: +49% $MSFT: +43% $GOOGL: +36% Everyone Else... S&P 500 Equal Weight ETF $RSP: +7% S&P Small Cap ETF $IJR: +6%
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Congress has an insider trading problem. Congresspeople should not become master day traders the moment after swearing in, exploiting privileged information for personal profit. #Kennedy24
https://t.co/KsRsqeH1Yg
nytimes.com
See the stocks the lawmakers reported buying and selling and how their trades potentially conflicted with the committees they sat on.
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We knew consolidation would eventually be coming in the sports betting space and it appears @PointsBetUSA could be the first domino to fall in a deal with @Fanatics (via @MattRybaltowski ) https://t.co/OoPSCIH67Y
sportshandle.com
The acquisition will provide Fanatics with market access in more than a dozen states and PointsBet's proprietary in-house tech platform.
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47 USC 315 makes it illegal for TV networks to censor Presidential candidates but Thursday, ABC showed its contempt for the law, democracy, and its audience by cutting most of the content of my interview with host Linsey Davis leaving only cherry-picked snippets and a defamatory
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@LawrenceLepard Weak balance sheets are being supported by FED liquidity lines. $FRC doesn’t seem like the last shoe to drop. More banks in line to fall. Look for a combination of 1) high unrealized bond losses, 2) low loan yields and 3) deposit flight. There is plenty to come.
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Remember, the 2020 election was totally not rigged. All that happened was Joe Biden's campaign led by Antony Blinken knowingly disseminated false information to the public by getting 50 former intelligence officials to write a letter saying that a true story about his family
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I hope @SullyCNBC reads this..
Natural gas demand in the European Union fell by 55 billion cubic metres in 2022, its steepest drop in history. In our recent commentary, IEA’s @PZeniewski explores what factors contributed to this record decline in gas consumption. Read more → https://t.co/fIVDiKqfFl
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As you ponder bank earnings, think of the fact that 90-day T-bills are yielding 5% or more than the gross spread on loans & leases for most large banks....
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I spoke to a guy who runs a harbor towing company. Year 2022 numbers: revenue $36.1M / profit $10.3M Asked if he would be interested in becoming our investor… "I do not invest anywhere outside of my biz - I keep buying new/used tugs, barges and work boats." We kept
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So, the US government not only sold its oil reserves, but it also decided to sell its sour crude rather than sweet. To be clear: The current US refinery infrastructure *requires* sour crude to operate. This is the whole reason why despite the US being the largest oil producer
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Yellow phone = innovation.
My study backtesting magazine covers found that BusinessWeek and Barron’s are not contrarian, they are coincident. Time and The Economist are contrarian. This makes sense because market-focused weeklies are on top of every single market theme in real-time while the bar for a
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I never saw this clip before but @morningmika's bizarre admission at the end ("that's our job") is absolutely a main reason the corporate press hates Trump, independent media, and social media free of their censorship-control (via @fixednonumbers): https://t.co/goeM4y5U2B
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Its not the end of the World if 200-500 banks go under.. Banks got over their skis and thought there was Zero risk in the world. They catered to VC's and other Cheap Money Clowns and Higher Rates broke their backs. Zombies need to go out of business and not constantly bailed out.
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