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Taliban terrorists are invited to tour Afghanistan
In the promo video the Taliban show local sights and stolen American atomatic rifles.
Last week, Russia officially began selling tours to Afghanistan.
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In the promo video the Taliban show local sights and stolen American atomatic rifles.
Last week, Russia officially began selling tours to Afghanistan.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Investors are chasing unprofitable firms and meme stocks:
10 of the 14 Russell 3000 stocks that have TRIPLED since the April 8th market low are unprofitable companies, according to Bespoke Investment Group.
As of late June, 858 money-losing stocks included in the index had rallied +36% on average, surpassing returns of profitable companies.
Avis Budget Group, $CAR, the car rental company that first gained meme stock status in 2021, has seen its shares rally +161%.
Carvana, $CVNA, has seen its shares rise +108% over the same period.
Meme stocks seem to be back.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
10 of the 14 Russell 3000 stocks that have TRIPLED since the April 8th market low are unprofitable companies, according to Bespoke Investment Group.
As of late June, 858 money-losing stocks included in the index had rallied +36% on average, surpassing returns of profitable companies.
Avis Budget Group, $CAR, the car rental company that first gained meme stock status in 2021, has seen its shares rally +161%.
Carvana, $CVNA, has seen its shares rise +108% over the same period.
Meme stocks seem to be back.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
🔥2👏1
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Chief Greg Bovino: "The federal government is not leaving LA. I don't work for Karen Bass. The federal government doesn't work for Karen Bass. We're gonna be here till that mission is accomplished. She'd better get used to us now..."
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Milton Friedman points out how so-called 'temporary programs' tend to stubbornly stick around.
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Japanese government bond yields are surging:
Japan's 30Y Government Bond Yield has jumped ~20 basis points over the last 3 days, to ~3.10%, near a record high.
At the same time, 40Y Japanese Government Bond Yield rose ~30 basis points, to ~3.35%, also close to an all-time high.
This comes as investors grow increasingly concerned about Japan’s fiscal outlook and the possibility of more debt issuance in response to an economic downturn triggered by tariffs.
Now, long-term Japanese bond yields have doubled in just 18 months.
Meanwhile, the US 30-year Treasury yield is up for the 4th straight day, up 18 basis points, to 4.95%, its highest since mid-June.
Bond markets are telling us something.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Japan's 30Y Government Bond Yield has jumped ~20 basis points over the last 3 days, to ~3.10%, near a record high.
At the same time, 40Y Japanese Government Bond Yield rose ~30 basis points, to ~3.35%, also close to an all-time high.
This comes as investors grow increasingly concerned about Japan’s fiscal outlook and the possibility of more debt issuance in response to an economic downturn triggered by tariffs.
Now, long-term Japanese bond yields have doubled in just 18 months.
Meanwhile, the US 30-year Treasury yield is up for the 4th straight day, up 18 basis points, to 4.95%, its highest since mid-June.
Bond markets are telling us something.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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