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 so hold on to your hats for a gamma-geddon in stocks and vol.
God often uses men who are not of the best moral character. Pharaoh, Nebuchadnezzar, Cyrus, Herod, and Trump (amongst others), to accomplish His will in events He orchestrates during human history. We either trust the sovereignty of God or we don’t. Nothing happens apart from Him…
The best index to a person’s character is how he treats people who can’t do him any good, and how he treats people who can’t fight back…
The Birth Pains Are Growing Stronger….
One of the signs of ruling class collapse is when they can no longer enforce the rules that maintain them as a ruling class. When the Romans started making exceptions to republican governance, it was a matter of time before someone simply decided the rules no longer applied to them. Perhaps the robot historians will consider Obama our Marius or Sulla. Maybe that person is in the near future. Either way, the rule of law is over and what comes next is the rule of men.
“Don’t piss down my back and tell me it’s raining.” Outlaw Josey Wales
WE NOW LIVE IN A WORLD THAT IS PURE FABRICATION
The Perfect Storm Hits Big Banks: Tumbling Deposits, Rising Unrealized Losses, and Higher-for-Longer Interest Rates
BanksterCrime: By Pam Martens and Russ Martens: September 25, 2023 ~ On March 30, 2022, two highly troubling events occurred: (1) Fed data showed that unrealized…Read More
Jamie Dimon to Testify at Senate Banking Hearing; Don’t Expect His Bank’s Financing of Sex Trafficking or 5 Felony Counts to Come Up
BanksterCrime: By Pam Martens and Russ Martens: Jamie Dimon Being Sworn In at House Financial Services Committee Hearing, May 27, 2021 Tomorrow at 9:30 a.m., the…Read More
The Number of IPO Listings Has Plunged in the U.S. While Some Investors Are Nursing Losses of 70 to 95 Percent
BanksterCrime: By Pam Martens and Russ Martens: Through last Friday, there have been 148 IPOs (Initial Public Offerings) in the U.S. this year, the lowest number…Read More
After Two Years, There’s Still No Law Enforcement Report on Former Dallas Fed President Robert Kaplan’s Trading Like a Hedge Fund Kingpin
BanksterCrime: By Pam Martens and Russ Martens: October 31, 2023 ~ Robert Kaplan, Former President of the Dallas Fed To understand how truly bizarre and alarming the…Read More
JPMorgan Chase Paid $1.085 Billion in Legal Expenses in Last Six Months; It’s Still Battling Hundreds of Charges and Legal Proceedings on Three Continents–Con Job Chase
BanksterCrime: By Pam Martens and Russ Martens: At some point, federal regulators, the Senate Banking Committee and the criminal division of the U.S. Department of Justice…Read More