Article
Corrections Vs Bears: How The Fed Rewired The Market
Corrections Vs Bears: How The Fed Rewired The Market
Authored by Lance Roberts via RealInvestmentAdvice.com,
After three decades of watching market cycles play out from both sides of the trade, I’ve come to a simple conclusion: Wall Street’s love of simple rules is one of the most dangerous aspects of investing. When stocks fall 10%, it’s just a “correction.” However, if they decline 20%, it’s a “bear market.” Simple, clean, repeatable, and printed on every financial media graphic from here to Tokyo. The problem is that the definitions of a correction and bear market have not...
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Jun 13, 2026 / Tyler Durden
Court Denies SBF's Last-Ditch Effort To Toss Conviction, Leaving Trump As His Only Hope
Court Denies SBF's Last-Ditch Effort To Toss Conviction, Leaving Trump As His Only Hope
FTX co-founder Sam Bankman-Fried will remain in PMITA prison for the foreseeable future, after a federal appeals court rejected a hail-mary attempt to overturn his fraud conviction and 25-year prison sentence on the grounds that he didn't receive a fair trial.
A three-judge panel on Friday unanimously refused to toss his 2023 guilty verdict, which SBF's attorneys argued was tainted by improper evidentiary rulings and a biased judge - which is hilarious because Judge Lewis Kaplan is...
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Aug 20, 2026 / Tyler Durden
Board Won't Add Trump's Name To Kennedy Center Before Sept. 8, Filing Says
Board Won't Add Trump's Name To Kennedy Center Before Sept. 8, Filing Says
Authored by Matthew Vadum via The Epoch Times,
The Kennedy Center’s board told federal court that it will not try to put President Donald Trump’s name back on the building’s facade before at least Sept. 8, giving both sides time to discuss a new resolution opponents say flouts a prior court order.
In a joint status report filed late on Aug. 18, attorneys for the center and the U.S. Department of Justice said the board would delay enforcing the so-called...
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May 15, 2026 / Tyler Durden
Waste Of The Day: Seattle's Homelessness Fiasco
Waste Of The Day: Seattle's Homelessness Fiasco
Authored by Jeremy Portnoy via RealClear Politics,
Topline: The homelessness agency in King County, Wash., has a $45 million deficit, but auditors can’t fully figure out why, according to a state audit publicly released this April. Its accounting records are so poor that it’s impossible to track where portions of its money are being spent.
Key facts: The King County Regional Homelessness Authority helps run shelters and outreach to the homeless population in 39 cities. It’s funded jointly by the county and the City of Seattle.
Financial...
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