U.S. Economic Shrinkage (1.4% To Be Exact)
“I WAS IN THE POOOOOOL!” Real GDP shrank 1.4% in the first quarter of 2022, according to the advance estimate from the Bureau of Economic Analysis. This shows a stark … Read More
Author: Yuppie Capital
Supply Chain Crisis – Remastered
Ever since the “Great Texas Freeze of ’21“, the supply chain crisis intensified throughout the remainder of the year, and analysts are positing that we’re due for the next round … Read More
Robinhood Firing 9% of Full Time Employees
Vlad the terrible strikes again. After a litany of layoffs have stricken the mortgage lending business (everyone remembers the infamous video of the Better.com CEO laying off 900 employees via … Read More
Tuesday’s Market Tank
What an absolute abysmal day in the markets, with the previous day’s trading session providing a presumable glimmer of hope. Elon Musk’s Twitter LBO got the nod of approval from … Read More
Home Prices Stay High (Pun Intended)
In stunning 4/20 fashion, U.S. home prices climbed to a fresh high of $375,300 in the month of March. As we reach a new high in home prices, demand is … Read More
Apollo Global Joins Twitter Takeover Scheme
Apparently now Apollo Global Management is interested in joining the bid war for Twitter, the WSJ reported (citing people familiar with the matter). Apollo could potentially facilitate Elon Musk’s potential … Read More
NFT Market in Shambles
Last March, a man made headlines within the crypto realm as he spent a whopping $2.9 Million on an NFT of Jack Dorsey’s (Twitter co-founder) first ever tweet, which read … Read More
Elon Musk Gets Sued in Stunning Fashion
Well well well…how the turntables. Albeit this isn’t the first time that Musk has come under fire for his unorthodox ways, a Twitter shareholder is suing Mr. Musk, claiming that … Read More
March CPI Is Peak Inflation
I’m ready to go toe to toe with Jeff Gundlach, the purveyor of 10% inflation. Everyone saw today’s March CPI report from the BLS, where inflation came in at a … Read More
Long Crypto Liquidations En Bloc
Monday’s trading session was anything but a doozy. The NASDAQ traded over 2% lower on the day, S&P down 1.69%, and the DOW following not too far behind at just … Read More