‘There Is No Monopoly Here:’ Tim Cook Welcomes Antitrust Investigation of Apple
Speaking at the Atlantic Festival recently, Apple CEO Tim Cook discussed the antitrust issues that the tech giant is facing amongst a number of other topics. Mac Rumors reports that while discussing the topic of antitrust at the Atlantic Festival, Apple CEO…
Markets Will Crash within Days, Pull Out!
But, but, but… The ‘very successful’ IPO of Snowflake now has everyone who bought after its release yesterday now underwater… The Nasdaq is leading the plunge post-Powell… And bond yields are tumbling And don’t forget, tomorrow is quad-witch options expiry…
Blain: Excess Liquidity Is “Blinding Idiots To Dangerous Reality”
Bubbles are far more dangerous when they are fueled by debt” “This time it’s different”, is one of the most dangerous beliefs in financial markets. This time, things are different – but for a reason. Global Central Banks have pumped…
Michael ‘Big Short’ Burry Blasts “Unjustifiable” Lockdowns As “Most Devastating Economic Force In History”
Infamous for his painful but ultimately profitable “big short” bet against mortgage-backed securities during the 2008 financial crisis, Michael Burry, the doctor-turned-hedge-fund-manager has been on a multi-day Twitter rant claiming that the lockdowns intended to contain the COVID-19 pandemic are worse…
Ronin Capital Blows Up, Unable To Meet CME Capital Requirements After VIX Trade Goes Wrong
We have certainly had our share of dismal fund returns in the past two weeks, in the aftermath of a market crash that is now worse than the Great Depression, so far one thing was missing: a big blow-up, where…
Fear Of The Coronavirus Is Causing A Stock Market Apocalypse
This day is here– get ready, the virus WILL spreads throughout the US and Europe, governments will respond the same way China’s government has; martial law and full-blown concentration camp culture. This would lead to civil war in the US…
“We Have Never Seen This Before”: The Last Time The Market Did This, FDR Confiscated All The Gold
To say that moves in the US stock market have been erratic in the past two weeks would be a prodigious understatement: with the Dow Jones swinging by over 1,000 points on nearly 5 occasions in the past two weeks…