The Consumer Credit Crunch
As we saw in the total U.S. household debt for 2021, Americans have clearly been quite cavalier (to put it nicely) in their spending. Just in the 4th quarter of … Read More
Author: Yuppie Capital
Fed Minutes Create Carnage in Markets
What was presumably a normal day in the markets, with the S&P opening the day ~1% lower, the release of the Fed minutes at 2:00pm sent indexes in an absolute … Read More
February U.S. Trade Deficit Remains at Record
Shocker? Absolutely not. The U.S. goods and services deficit was $89.2 Billion in February, which is down less than 0.1% (this is literally negligible, I don’t know why they even … Read More
Short Sellers Swarm Tether
Short squeeze deja vu? The Wall Street Journal is reporting that some investment firms, including Fir Tree Partners and Viceroy Research LLC, are initiating substantial short positions against Tether, which … Read More
Amazon Workers Vote to Unionize
The Amazon Labor Union, the labor group at Amazon’s JFK8 facility in Staten Island, obtained a majority vote in favor of unionizing. The group voted 2,654 to 2,131 in favor … Read More
Natural Gas Is Absolutely Boomin’
Metro Boomin make it booooooom. As Wall Skreet analysts pointed out late last week, the U.S. is sending their natural gas shipments overseas absolutely crazily. This shift in production and … Read More
SPAC Szn Is Nearly Over
The SEC reported today that they would consider levying new requirements upon Special Purpose Acquisition Groups (SPACs) to “…enhance disclosure and investor protection…” Gary Gensler (the new chairman for the … Read More
Robinhood Offers Extended Trading Hours to Lure More Idiots to the Platform
WEAK. That’s quite honestly all I have to say about this. In an effort to assuage their already trash reputation, Robinhood offers quite possibly the worst incentive for people to … Read More
Tesla Looks to Split Stock Again After Nearly Two Years
Tesla announced on Monday that they would request shareholder approval in order to do the ‘ole fashion stock split, in order to pay dividends. Shares of the company rose 8% … Read More
Bond Market Going Brazy
While stocks have been seeing some relief in recent weeks, the bond market has continued to implode, as the race for liquidity is on as the Fed finally exits. The … Read More