Private investor. I am NOT a financial advisor. Tweets are my own opinions & analyses and NOT investment recommendations or advice. Do your own due diligence.
Investment decisions are events of great significance as they have consequential impacts on an investor's financial future. "Momentous Investors" use research, fundamental analysis, technical analysis, and valuation assessments to optimize their stock returns and reduce risks.
@AccessIPOs You may have a $SPCX sample size and representative sample error. I received 15% from Schwab and have seen posts from others with even higher %’s from Schwab.
@JohnTinsman The Schwab %’s received vary significantly — probably depends on the number of shares requested? Those requesting higher shares receiving lower % allocated?
AG Merrick Garland, March 7, 2023: "Our complaint alleges that JetBlue’s proposed $3.8 billion acquisition of Spirit violate Section 7 of the Clayton Act. We allege that if allowed to proceed this merger will limit choices and drive up ticket prices for passengers across the country.
"And we further allege that the impact of this merger will be particularly harmful for travelers who rely on what are known as ultra low cost carriers in order to fly. Those include working & middle-class Americans who traveled for personal as opposed to business reasons & who must pay their own way. By acquiring Spirit JetBlue will eliminate the largest ultra low cost carrier in the United States.”
@end3of6days9 Terrible analysis — he fails to consider inflation protection, compounded growth of benefits based on returns on investment. Avg life expectancy age that he uses is not avg life expectancy of just those people that reached social security age which is higher than all people.
With apologies to @SenWarren, you can’t memory hole three of the largest US bank failures – Silicon Valley Bank, Silvergate Bank, and Signature Bank – which occurred in 2023, all under the Senator’s beloved and ill-conceived regulatory straitjacket as enforced by the Biden Administration.
Over-regulation is not the solution to what ails the American banking system. Rigorous, responsible supervision is.
The initial report on the 2023 debacle by former Vice Chairman for Supervision, Michael Barr, was an exercise in obfuscation and sophistry. The American people deserve supervisors who are not asleep at the wheel, and the incoming Chairman of the Federal Reserve should undertake a thorough investigation of the systemic and oversight failures that led to that disaster.
Chris Cuomo just torched the Democrat shutdown spin 🔥
“Don’t believe the hype about ending the shutdown for people on food stamps,” he said.
“What happened to people in the military? What happened to air traffic controllers? They are playing a game. Senator Schumer is now moving the goalposts.”
Cuomo nailed it — Schumer wants a stand-alone bill for kids’ food stamps while everyone else “can go eff themselves.”
He admits: “Schumer isn’t wrong — they should be funding these things. But he’s the one who shut down the government.”
Cuomo’s closing shot hits hardest:
“Nobody ever gets what they want by ending a shutdown. The only fix is to reopen the government. The winning move is to promise no more shutdowns — and no pay for Congress if there is one.”
Even Cuomo sees it — Democrats are playing games with people’s pain.
Mamdani keeps using me as a foil in his campaign stump speeches and interviews.
What @ZohranKMamdani doesn’t understand is that I am not opposed to his candidacy because my taxes will go up.
Mamdani is not the right mayor because he is a socialist with no experience running anything. He does not respect the @NYPD. Closing Rikers will make NYC a much more dangerous place. Rent freezes won’t reduce the cost of living for all but a select few New Yorkers and only temporarily. City-run supermarkets will have empty shelves. Free buses will become homeless shelters. And his anti-business policies including higher corporate taxes will kill NYC jobs and cause companies to flee.
And he also stole the @nyknicks logo.
It is not about me, Zohran. It’s about what’s best for all New Yorkers.
https://t.co/kMHpPjPur5
Hakeem Jeffries gets destroyed by CNBC's Joe Kernen:
"There was an election, and the Republicans were put in a position where they were able to pass the Big Beautiful Bill... To then say, 'We don’t like any of that, so we’re going to shut down the government until you take back all the things that you duly passed through legislation' – if Republicans had tried to do that to the Inflation Reduction Act... ‘We’re not going to pay our military, we are going to not allow the government to reopen until you do what we want’ – after an election where the American people put Democrats in power – you’d be going crazy!"
"To get what you want just because you don’t like what the Republicans did, it’s not how it works. It’s bad. It’s a bad precedent."
JUST IN: President Trump released a video statement following the death of Charlie Kirk, vows to go after organizations that fund radical left extremism.
"This is a dark moment for America."
"For years, those on the radical left have compared wonderful Americans like Charlie to Nazis and the world's worst mass murderers and criminals."
"This kind of rhetoric is directly responsible for the terrorism that we're seeing in our country today, and it must stop right now."
"My administration will find each and every one of those who contributed to this atrocity and to other political violence, including the organizations that fund it and support it..."
"An assassin tried to silence him with a bullet, but he failed because together, we will ensure that his voice, his message, and his legacy will live on for countless generations to come."
"Today, because of this heinous act, Charlie's voice has become bigger and grander than ever before."
On the topic of Fed Governor Lisa Cook, there is a long history of Fed Governors who had relatively minor ethical or legal infractions who resigned in light of the importance of unimpeachable probity for those who serve in this important position.
It is either true or false that Governor Cook misrepresented her primary residence status on one or more mortgage applications. The evidence put forth publicly by @pulte strongly suggests that she lied on one or more mortgage applications, in other words, mortgage fraud.
It should be straightforward for Governor Cook to disprove the alleged fraud and it shouldn’t require a team of lawyers and litigation to do so. She just needs to answer a simple question:
Did she or didn’t she sign an affidavit declaring that the subject properties were her primary residences? Yes or no.
Whether President @realDonaldTrump has the technical legal authority to terminate Gov Cook is not that relevant in my view. What matters here is whether a Fed governor has committed mortgage fraud or not. It is not a political question. It is a question of fact.
Governor Cook should immediately put forth the facts to clear her name or she should resign in the best interests of the integrity of our financial system. The sooner this occurs, the better for her and our country.
you have until this Saturday at 11:59am ET to figure this out @YouTubeTV
we’re not missing Texas/Ohio State at noon ET
and you surely better get this solved before the first NFL Sunday on 9/7
no self-respecting football fan cares about your $10 bribe, give us our football
Rent control is the second-best way to destroy a city, after bombing. And, because of what it leads to in terms of under investment in repairing, maintaining, constructing new apartments, I think this is likely to exacerbate rather than improve issues around housing affordability in New York. This would be a gross policy error by @ZohranKMamdani.
Watch tonight's Wall Street Week with @DavidWestin@BloombergTV
https://t.co/DXrxYk1U1z
Powell didn’t comment when Dems sent inflation soaring with Covid lockdowns, vaccine mandates, LNG export bans, and massive tax hikes.
But he’s all too happy to attack President Trump’s trade agenda. He’s costing America 100s of billions and should resign.
@SpeakerJohnson With all due respect, it’s not a balanced budget and is fiscally irresponsible. Adding debt burden for our children and grandchildren is not beautiful.
@elonmusk Speaker Johnson claims the bill will create economic growth and thus additional revenues that the CBO didn’t score. BUT the analogy is … how many households rely on future bonuses or unawarded salary/wage increases to balance their budgets? The latter isn’t fiscally responsible.
Today's news of Moody's downgrading the U.S. credit rating was predictable and preventable. It is the result of an abject failure of leadership in Congress and the executive branch that has spanned decades.
This is entirely a self-inflicted wound. Our current political atmosphere rewards short-term partisan wins over the long-term financial stability of our nation. Neither side wants to do the difficult but necessary work of addressing our national debt. Both political parties share responsibility for the lack of common sense governance that cost our nation its AAA credit rating. As a U.S. Senator, I introduced the Fiscal Stability Act, which would have made reducing our national debt a priority, but it was never brought to the floor for a vote.
The world is watching America's status as the superpower of the world, and we must never allow the U.S. dollar’s status as the reserve currency of the world to be in jeopardy. It’s time for Congress to ditch the political pacts that seem hell-bent on sending our nation into financian ruin, and start working together on the American team — pulling the rope together to restore our credit rating and get our fiscal house in order for future generations.