BREAKING: The Nasdaq turns green after falling nearly -2% pre-market.
The S&P 500 has also just turned positive, rising +1.5% from its low at the open.
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The S&P 500 has also just turned positive, rising +1.5% from its low at the open.
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Russia doesn't intend to respond on EU's decision to ban multiple-entry Schengen visas for Russians. Retaliatory measures will be "calibrated". Moscow, unlike Brussels, considers it unacceptable to punish foreign citizens "for their citizenship, nationality, political & religious beliefs."
— Russian Foreign Ministry
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— Russian Foreign Ministry
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A lot of people are calling for a bigger $BTC crash if the S&P 500 dumps more.
But there's something most people don't understand.
Bitcoin front-runs both pump and dump.
By 28th Feb 2025, BTC was down 28.5% from its peak.
Meanwhile, the S&P 500 was only down 4.9%.
After that, the S&P 500 went down another 18.9%, while Bitcoin went down only 4.9%.
Back then, BTC and the S&P 500 both bottomed at the same time.
But most of the dump in Bitcoin was over even before the S&P started dumping heavily.
It's possible that Bitcoin could go below $90K, but I think the most damage has already been done.
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But there's something most people don't understand.
Bitcoin front-runs both pump and dump.
By 28th Feb 2025, BTC was down 28.5% from its peak.
Meanwhile, the S&P 500 was only down 4.9%.
After that, the S&P 500 went down another 18.9%, while Bitcoin went down only 4.9%.
Back then, BTC and the S&P 500 both bottomed at the same time.
But most of the dump in Bitcoin was over even before the S&P started dumping heavily.
It's possible that Bitcoin could go below $90K, but I think the most damage has already been done.
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Small businesses are being left behind:
The net share of small business owners reporting higher nominal sales over the last 3 months fell -6 percentage points in October, to -13%, the lowest since January.
This means the majority of small firms in the NFIB Small Business Survey reported lower sales.
This also marks the 41st consecutive negative monthly reading.
Historically, this metric has been a leading indicator for the nominal YoY change in GDP growth.
This points to a significant slowdown in economic activity and lower hiring ahead.
According to the US Small Business Administration, small businesses employ 45.9% of American workers and reflect 43.5% of GDP.
US small firms are struggling.
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The net share of small business owners reporting higher nominal sales over the last 3 months fell -6 percentage points in October, to -13%, the lowest since January.
This means the majority of small firms in the NFIB Small Business Survey reported lower sales.
This also marks the 41st consecutive negative monthly reading.
Historically, this metric has been a leading indicator for the nominal YoY change in GDP growth.
This points to a significant slowdown in economic activity and lower hiring ahead.
According to the US Small Business Administration, small businesses employ 45.9% of American workers and reflect 43.5% of GDP.
US small firms are struggling.
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This is truly a generational screw up. He went from going insanely viral, getting 10,000 dollars for nothing, to completely crashing out and locking his account in a little over a month.
He totally missed the truly profitable part of temporary fame. Starting a podcast and being involved in a meme coin that gets rug pulled. He crashed and burned before the real money even hit.
What a waste.
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He totally missed the truly profitable part of temporary fame. Starting a podcast and being involved in a meme coin that gets rug pulled. He crashed and burned before the real money even hit.
What a waste.
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Argentina's YoY Inflation Rate
Apr '24: 292%
May '24: 276%
Jun '24: 272%
Jul 24: 266%
Aug 24: 237%
Sep 24: 209%
Oct 24: 193%
Nov 24: 166%
Dec 24: 118%
Jan 25: 85%
Feb 25: 67%
Mar 25: 56%
Apr 25: 47%
May 25: 44%
Jun 25: 39%
Jul 25: 37%
Aug 25: 34%
Sep 25: 32%
Oct 25: 31%
Afuera!
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Apr '24: 292%
May '24: 276%
Jun '24: 272%
Jul 24: 266%
Aug 24: 237%
Sep 24: 209%
Oct 24: 193%
Nov 24: 166%
Dec 24: 118%
Jan 25: 85%
Feb 25: 67%
Mar 25: 56%
Apr 25: 47%
May 25: 44%
Jun 25: 39%
Jul 25: 37%
Aug 25: 34%
Sep 25: 32%
Oct 25: 31%
Afuera!
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Lots of Juan Bergman esk dudes now making viral videos to help people realise that the people who run The World - all worship a conceptual form of Satan
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Media is too big
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NEW: Thomas Crooks mysteriously went offline after connecting with a mysterious figure who was linked to a terrorist group being monitored by the US State Department, according to Tucker Carlson.
"There is no doubt that Crooks was ripe for recruitment by someone..."
"So here you have a volatile, troubled, possibly mentally ill young man with a long record of espousing violence in public."
"The FBI clearly knew he existed."
"At the very end of his years, commenting in public espousing violence, an exchange with a mysterious figure affiliated with the group that we know is being monitored by the U.S. State Department. Hmmm."
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"There is no doubt that Crooks was ripe for recruitment by someone..."
"So here you have a volatile, troubled, possibly mentally ill young man with a long record of espousing violence in public."
"The FBI clearly knew he existed."
"At the very end of his years, commenting in public espousing violence, an exchange with a mysterious figure affiliated with the group that we know is being monitored by the U.S. State Department. Hmmm."
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On November 12th, in Zhengzhou, Henan Province, a man wielding a sword confronted police. During the standoff, a Land Rover driver accelerated and rammed into him, knocking him down. The man was immediately subdued by the police
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Media is too big
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‘MASS DELIVERY’ starts in China for robots capable of self-replacing batteries
Hundreds of Walker S2 humanoids in formation
Manufacturer UBTECH calls it ‘PERFECTION’
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Hundreds of Walker S2 humanoids in formation
Manufacturer UBTECH calls it ‘PERFECTION’
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Trump said cost and inflation were “far higher” under Biden and added that both are “tumbling down helped greatly by gasoline and ENERGY.”
“Affordability is a lie when used by the Dems.”
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“Affordability is a lie when used by the Dems.”
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