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ABSOLUTELY INSANE… The richest 10% own 75% of global wealth. The poorest HALF owns just 2%. Even crazier: fewer than 60,000 people own THREE TIMES as much wealth as that entire bottom half. In the US, the richest 10% hold roughly 69% of household wealth. The bottom half holds just 2.3%. And IMF research warns AI could widen the divide further by boosting returns for people who already own assets. That’s what worries me: the same technology making a business more profitable could put its employees’ wages and jobs under pressure. The economy getting richer doesn’t automatically mean YOU are getting ahead.
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Absolutely phenomenal price action on $NEAR. It's above $5. Now, two questions to ask. 1. Is this the right time to buy for a long term position? Honestly, I don't think so. Narrative is strong, momentum is strong, but markets are going into waves. If you'd want to be building a position, just wait for a correction to come. It will come. Probably comments will say that it will never come, but it will. 2. How about daytrading this asset? Actually, this is a phenomenal one to daytrade, as it's doing clear support/resistance tests on a constant basis. I don't think we'll see much more upside yet, and I'm looking to derisk a little more here in these ranges, but overall. Congratulations.
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Absolutely incredible. The US 10Y Note Yield is now up +70 basis points this month. We are now above 5.15% for the first time since June 2007. The bond market is trading like the Fed is hiking rates by 50 basis points at a time. Q4 is going to be interesting to say the least.
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Absolutely wild to see actual practicing attorneys claim AI agents are common law agents. Didn't they read Restatement of Agency in law school? SMH
Absolutely incredible… TRUMP: "It’s deeply ironic that the UN has an entire institution devoted to protecting cultural heritage, yet they promote mass migration and are actively destroying the greatest cultures and most extraordinary heritage."
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Absolutely fucking nailed it. Again. And Again. And Again.
“Absolute PISS MISSILE” Tom Brady loved that throw from Dak
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absolute hero with the LSU game up at Zach Bryan tonight