Amazon announces they are laying off 16,000 corporate employees due to “rising competition over AI.”.
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🇺🇸 U.S. Banks are now sitting on $337 Billion in unrealized losses.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
Trump:
A massive Armada is heading to Iran. It is moving quickly, with great power, enthusiasm, and purpose.
It is a larger fleet, headed by the great Aircraft Carrier Abraham Lincoln, than that sent to Venezuela. Like with Venezuela, it is, ready, willing, and able to rapidly fulfill its mission, with speed and violence, if necessary.
Hopefully Iran will quickly “Come to the Table” and negotiate a fair and equitable deal - NO NUCLEAR WEAPONS - one that is good for all parties. Time is running out, it is truly of the essence!
As I told Iran once before, MAKE A DEAL! They didn’t, and there was “Operation Midnight Hammer,” a major destruction of Iran.
The next attack will be far worse! Don’t make that happen again.
@PoliticFinance
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SPX: $6978
NASDAQ: $23817
DXY: $96
Gold: $5300
Silver: $112
Bitcoin: $89886
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🇨🇦🇮🇳 After EU now Canadian PM Mark Carney to visit India to sign major uranium, energy, minerals, and AI deals.
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$6 trillion asset manager Fidelity to launch its own crypto stablecoin.
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🇺🇸 Kalshi currently says there is a 99% chance that Jerome Powell and the Fed DO NOT make any changes to interest rates today.
🥫 t.me/FinancialWorldUpdates
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🇺🇸 Federal Reserve has not complied with subpoenas in criminal investigation involving Fed Chair Jerome Powell.
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🇺🇸 Jerome Powell says the Federal Reserve should not be controlled by elected officials.
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🇺🇸 Peter Schiff, American stockbroker, famous for accurately predicting the 2008 financial crisis:
The world is now pulling the rug out from under the US.
The dollar is going to collapse. The dollar is going to be replaced by gold.
Central banks are buying gold… they’re getting rid of dollars.
We are headed for an economic crisis again that will make the 2008 financial crisis look like a Sunday school picnic.
This one is not a global financial crisis — it’s an American financial crisis. The rest of the world is actually going to benefit.
The bubble is in the dollar. The bubble is in the US economy.
Gold and silver are warning about a bigger crisis that’s going to hit either later this year or maybe next year.
We are headed for a US dollar crisis.
This is a vote of no confidence in the US economy and in the US government’s ability to manage its finances.
There’s no ceiling on gold because there’s no floor on the dollar.
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Sony doubles down on Soneium with additional $13M investment through Startale partnership, signaling long-term commitment.
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Iran’s currency opened today with another sharp drop, trading at 1.67 million rials per US dollar, down about 16% since Sunday.
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