NEW - Brazil’s Supreme Court mandates former President Jair Bolsonaro to begin serving a 27-year sentence, today
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Co-Deputy FBI Director Andrew Bailey is rumored to be moving up to replace Pam Bondi as AG, with Bailey supposedly confiding to staffers that he planned to replace the embattled AG.
Bondi has possibly been criticized more than any of Trump’s cabinet picks, with countless fumbled investigations, PR failures, and unilateral decisions that embarrassed the White House. As a result, supporters, staffers, and donors have loudly called for Bondi’s removal.
Bailey was brought into the FBI following public setbacks with the Epstein files, and to add prosecutorial talent.
Bailey was successful in fighting Biden admin policies as Missouri’s AG, leading many to be optimistic that Bailey’s ascent to AG could bring better leadership to the DoJ, more experience, and better execution of investigations.
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Bondi has possibly been criticized more than any of Trump’s cabinet picks, with countless fumbled investigations, PR failures, and unilateral decisions that embarrassed the White House. As a result, supporters, staffers, and donors have loudly called for Bondi’s removal.
Bailey was brought into the FBI following public setbacks with the Epstein files, and to add prosecutorial talent.
Bailey was successful in fighting Biden admin policies as Missouri’s AG, leading many to be optimistic that Bailey’s ascent to AG could bring better leadership to the DoJ, more experience, and better execution of investigations.
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The US middle class is disappearing:
US households with incomes greater than $150,000, adjusted for inflation, now make up a record 34% of all households, rising +29 percentage points since 1965.
At the same time, the middle class has shrunk -11 percentage points, to 45%, the lowest on record.
To put this differently, the middle class is shrinking as many households have joined the upper-middle class.
However, living costs for a basic family budget are now between $130,000 and $150,000.
This comes as costs of childcare, housing, healthcare, and taxes have risen far faster than wages, leaving even two full-time earners struggling to reach stability.
The wealth gap in broadening.
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US households with incomes greater than $150,000, adjusted for inflation, now make up a record 34% of all households, rising +29 percentage points since 1965.
At the same time, the middle class has shrunk -11 percentage points, to 45%, the lowest on record.
To put this differently, the middle class is shrinking as many households have joined the upper-middle class.
However, living costs for a basic family budget are now between $130,000 and $150,000.
This comes as costs of childcare, housing, healthcare, and taxes have risen far faster than wages, leaving even two full-time earners struggling to reach stability.
The wealth gap in broadening.
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Paige Spiranac got ‘tens of thousands of death threats’ after Internet Invitational cheating controversy
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BREAKING: Texas officially becomes the first State to invest $10 million in Bitcoin for its treasury
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ICE raids are taking place in Long Beach, California
The main beach in Long Beach looks like this today, it’s basically empty. Illegals are hiding
This is the main walking path. There is never a time these paths aren’t packed with people. California is FLOODED with illegals
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The main beach in Long Beach looks like this today, it’s basically empty. Illegals are hiding
This is the main walking path. There is never a time these paths aren’t packed with people. California is FLOODED with illegals
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BREAKING: UK Justice Minister Lammy set to unveil policy replacing jury trials with a judge deciding most verdicts
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Last week's market "crash" has been erased:
The S&P 500 has now added +250 POINTS since Friday's low, now ABOVE the November 20th high before the "crash."
That is +$2.1 TRILLION in market cap in less than 3 trading days.
And, this puts the S&P 500 just 2.2% away from entering new all time high territory.
The reality is that the AI Revolution has only become larger, the Fed is cutting rates into a HOT market, and smart investors want more assets.
If you can eliminate the noise, this market becomes incredibly profitable.
Own assets or be left behind.
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The S&P 500 has now added +250 POINTS since Friday's low, now ABOVE the November 20th high before the "crash."
That is +$2.1 TRILLION in market cap in less than 3 trading days.
And, this puts the S&P 500 just 2.2% away from entering new all time high territory.
The reality is that the AI Revolution has only become larger, the Fed is cutting rates into a HOT market, and smart investors want more assets.
If you can eliminate the noise, this market becomes incredibly profitable.
Own assets or be left behind.
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NEW: The National Parks and Federal Recreational Lands pass will cost just $80 for Americans and $250 for foreigners
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NYC mayor-elect Zohran Mamdani starred in a video with trans activist Matt Bernstein where he says NYC will be a city that “celebrates” trans children
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BREAKING: Computer and Printer maker HP announced to cut thousands of jobs due to AI adoption
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There's a common tendency on social media to dismiss small to modest effect sizes when they're illustrated.
But these can have major effects. For example, all of the supposed rise in depression could be explained by a correlation explaining just 2.6% of the variance in it.
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But these can have major effects. For example, all of the supposed rise in depression could be explained by a correlation explaining just 2.6% of the variance in it.
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