$BTC Class of 2017; Real estate attorney; Cats; Boston University; University of Illinois College of Law. No legal or financial advice given. Just opinions.
We live in a country where most people can't afford a $1000 emergency but we're celebrating one man becoming a trillionaire.
That's the real death of a civilization...
$SPCX
American workers are now competing for American jobs at American companies against a global labor pool.
But they do it with American rent, American taxes, and American student debt.
That bargain is insane.
Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off “due to AI productivity.”
Perhaps the most wild business paper you’ll ever read.
“Examination of the option trading leading up to September 11 reveals that there was an unusually high level of put buying. This finding is consistent with informed investors having traded options in advance of the attacks.”
“The maximum value of this measure for AMR or UAL during the target period is at the 0.99 quantile of its daily distribution and the 0.96 quantile of the distribution of its greatest daily values over four trade date windows.”
TLDR: The level of put buying on American and United Airlines in the days before 9/11 was greater than roughly 99% of all comparable trading days in the historical record.
Community note
The 9/11 Commission investigated these unusual trades and found they were related to an institutional investor and an options newsletter, with no conceivable knowledge of the attacks.
Page 499:
govinfo.gov/content/pkg/GP…
It's time to recognize that prices have essentially doubled since 2019, regardless of what the CPI says. Construct an index based on actual prices without myriad adjustments and this is what it shows. Now think about your income with a 50% loss of purchasing power.
This is staggering –
Of the 369,000 jobs the U.S. Labor Dept. says were created since last year, nearly all - 348,000 of them - went to women, and only 21,000 went to men.
Basically, that means 94% of the net employment growth in the U.S. went to women.
Ninety four percent!
~8 of every 10 new American jobs since early 2020 went to someone born outside the country.
Our March graphic went viral. This is the latest for May data.
Down from 9/10. Still high.
3.8M foreign-born.
1.1M native-born.
19.2% of the total workforce is foreign-born.
This is staggering –
Of the 369,000 jobs the U.S. Labor Dept. says were created since last year, nearly all - 348,000 of them - went to women, and only 21,000 went to men.
Basically, that means 94% of the net employment growth in the U.S. went to women.
Ninety four percent!
Wow time flys, we look like our own children at the Toy Story 1 image. The aging Buzz and Woody currently in London telling wonderful fans all about the new Toy Story 5 coming June 19. “To infinity and beyond!”