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Nobody Special

@JG_Nuke

Financial News and Independent Investigative Reporting. MelonHead. Rando. https://t.co/lJLrHd8Ovk

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Pinned

🚨First National Bank of Lindsay, Oklahoma has failed. Tens of millions were lost, assumed stolen, and one man is dead in this sleepy little town where money has a habit of disappearing and ordinary people are always left holding the bag.🧐


Supermicro Computer Faces Delisting Deadline. Now What? x.com/i/broadcasts/1…


Powell Says Fed in No Hurry, After Being in Giant F--king Hurry x.com/i/broadcasts/1…


Nobody Special Reposted

J Powell has handed Trump a ticking time bomb By prematurely cutting rates by 50 bps ahead of the election, even with inflation still running hot, the Fed has set the stage for an inflationary resurgence The latest October inflation data released this morning confirms the…

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PPI Surprises High as Inflation Just Won't Go Away x.com/i/broadcasts/1…


$SMCI has informed the SEC that they won’t file their 10K prior to the 11/16 deadline after their auditor resigned. Without an extension from The Nasdaq, $SMCI will be delisted on Saturday for the second time in 6 years. #AiMania investors.com/news/technolog…


President Trump has announced that the new Department of Government Efficiency (DOGE) will be run by two people. Officials at The Department of Irony declined to comment. A spokesman for The Department of Redundancy Department has called a press conference at 1:00 and again…


CPI Rises as Core Inflation Remains Well Above Target x.com/i/broadcasts/1…


Storm Surge at Home Depot, Used Cars Bring The Pain at Hertz x.com/i/broadcasts/1…


Bitcoin Tops $82K, Buffet's Cash Pile Needs to Chill TF Out x.com/i/broadcasts/1…


What's this? Another Friday Bank Failure? This time it's a tiny credit union in Florida. It must be time for This Week in Doom!

Alliance Credit Union Fails | Interest Rates Rising | Trump's Treasury Pick youtube.com/live/OZFoCqDnO… via @YouTube



Markets Hit New Highs As Trump Goggles Make Risk Disappear x.com/i/broadcasts/1…


Who knew you could buy precious collateral for multi-billion dollar lines of credit on Ebay? 🤯🤨

“GPUs OVERSUPPLY IS ALREADY HERE” $NVDA GPUs (many shipped from #China) are starting to flood eBay. Narrator: “overwhelming demand”



"Demand is insane" ...and that's why H100s are for sale on Ebay, shipping from <checks notes> China? About those export controls...

Want some shiny H100 racks? Wiped clean. Untraceable. Head over to eBay and search for "H100". If you are a big customer, comes with 24/7 support. Do I hear whispers of GLUT? $NVDA $SMCI



German Govt Collapses: Foreshadowing Global Debt Crisis? x.com/i/broadcasts/1…


As @NorthmanTrader put it yesterday, "Fiscal Dominance" is about to give way to "Fiscal Absurdity."

Big tax cuts are coming for sure. Those are easy promises to keep. But promises to cut spending won't be kept. That means already huge budget deficits will soar. To prevent long-term interest rates from soaring too, the #Fed will return to QE, sending #inflation through the roof.



Undercooked Earnings at Restaurants, Walmart Hints at Light Christmas x.com/i/broadcasts/1…


OPEC Delays Oil Production Increase, TGI Friday's Bankrupt x.com/i/broadcasts/1…


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