You are paying for the Iran war 4 different ways.
And the people getting richer from it are probably not you.
✅ The bombs. Your tax dollars.
✅ The tanker insurance. Also your tax dollars.
✅ Gas. $2.96 before the war. $4.43 now.
✅ Your power bill.
➡️ Utilities have to borrow at these yields. That cost lands on you.
➡️ Add a 7.28% mortgage rate on top.
➡️ Meanwhile the Nasdaq 100 just hit another record high.
✅ The top 10% of households own 87% of the stock market.
😇 This is a massive disguised wealth transfer from the poor to the rich.
😇 It is the definition of reverse taxation.
➡️ You either own businesses, stocks and real estate, or you get left behind.
🚨 If oil, yields and mortgage rates come down, stocks likely go even higher. The gap gets wider, not smaller.
It’s amazing how quickly a season can turn for a team good or bad. Falcons went from the worst team the first two weeks a top team and change their trajectory to making the playoffs.
As we pointed out in week 1 something happened for the first time in NFL history where a team (packers) were flagged on 3rd down stops three times on the same drive. Anytime something happens in a sport for the first time in 100+ years something is off.
Stealing from young families to pay much higher net worth Boomers is immoral and ridiculous. Young families already have to deal with an economy where everything is exponentially more expensive than it was for Boomers at the same age. Older people clamoring to raise taxes on the young, on top of it all, is just perverse.
@unusual_whales They are losing small businesses to AI, hence why their stock is selling off. But we’re seeing their big customers with big money are spending more on the platform. By the end of it, intu will have less customers but more revenue bc of their bigger customers. AI benefits them..
I like what i saw from the Packers offense today. Clean up the penalties and turnovers. Without the turnovers the team could’ve won by 13+ points. #gopackgo