Jacob Burger

Never be complete, stop being perfect, EVOLVE

[Out of Context Human Race @NoContextHumans]

Someone put a mannequin at an ATM and had people waiting for ages🤣

[Wall Street Mav @WallStreetMav]

Student loan repayments are about to start again on August 1st, after 3 years of being able to skip without penalty.

40 million people paying an average ~$393 per month each will be pulled from the economy in discretionary spending.

Should be interesting to see how this plays out.

[unusual_whales @unusual_whales]

Bank of Canada has said mortgage payments in the country could spike as much as 40%.

[Julian Cribb @JulianCribb]

‘Insects are on pace to be completely gone in 100 years’, says new study (and thus, so are we) https://t.co/08Zjv0w8KN

[Colin McCarthy @US_Stormwatch]

The 1-year difference in California's snowpack is astounding.

The snowpack today is 263% of normal, while one year ago today, it was just 27% of normal.

The Southern Sierra snowpack is 19x larger today than it was 1 year ago ❄️

[The Kobeissi Letter @KobeissiLetter]

US Regional Bank Stocks Today:

1. PacWest, $PACW: -47%

2. First Horizon, $FHN: -40%

3. Western Alliance, $WAL: -22%

4. HomeStreet, $HMST: -11%

5. Metropolitan Bank, $MCB: -10%

6. Citizens Financial, $CFG: -10%

7. Zions Bank, $ZION: -9%

8. KeyCorp, $KEY: -9%

9. Valley National, $VLY: -7%

PacWest Bank is now worth just $400 million after being worth as much as $5 billion earlier this year.

US banks are becoming penny stocks overnight.

Something must be done.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Regional Bank stocks are crashing after hours as PacWest, $PACW, says they are looking for a buyer.

- PacWest, $PACW, now down 57%

- Western Alliance Bank, $WAL, now down 30%

- Metropolitan Bank, $MCB, now down 20%

2 hours ago the Fed said the "system is strong."

[Robert F. Kennedy Jr @RobertKennedyJr]

Twitter files reveal that Pentagon partnered with Vanguard in billion dollar project to censor free speech in America. Are any of my fellow Democrats troubled?

https://t.co/bCH5P1fwon

[David Wallace-Wells @dwallacewells]

“China has built around 26,000 miles of dedicated high-speed railways since 2008 and plans to top 43,000 miles by 2035. Meanwhile, the United States has just 375 route-miles of track cleared for operation at more than 100 mph.” https://t.co/OqCfIFwhAR

[unusual_whales @unusual_whales]

Housing affordability has hit an all time low, per TrueInsights:

[Wall Street Memes @wallstmemes]

The Federal Reserve right now

[Steve Milloy @JunkScience]

BREAKING... this was sent to me as a NOAA image of the plume of particulate matter (PM) from the controlled burn at #EastPalestineOH.

The PM plume has by now travelled and dispersed all over the Northeast and Canada.

NOAA has shutdown access to this site.

Why is that @NOAA?

[MeidasTouch @MeidasTouch]

On the left, Republican Senator Mike Lee feigns outrage during the State of the Union when President Biden suggests that some Republicans want to cut Social Security and Medicare.

On the right, Mike Lee says he wants to get rid of Social Security, Medicare, and Medicaid.

[The Kobeissi Letter @KobeissiLetter]

Economic update:

1. Average car payment at record $800/month

2. Home sales down 18% in 2022

3. Overdue auto loans up 27% this year

4. Credit card debt up 15% in 2022, biggest jump since 2008

5. 33% of U.S. using credit cards for daily expenses

The economy is slowing down.

[unusual_whales @unusual_whales]

Fed's Mary Daly has said she sees interest rates rising above 5%.

In Aug, she said I don't feel the pain of inflation. I see prices rising but I have enough. I don't have to make tradeoffs because I have enough. Many Americans have enough.

Her active salary is $422,900.

Wild.

[unusual_whales @unusual_whales]

A summary of modern banking, by South Park:

[Dr. Eli David @DrEliDavid]

You liked “inflation is good for you”? Then you'd love “nuclear war is good for you” 🤡

[𝓢𝓪𝓷𝓳𝓾 @shr_sanju]

Family photography

[Carol Roth @caroljsroth]

A live look at your 401k …

[unusual_whales @unusual_whales]

Beyond Meat, $BYND, COO arrested for biting man's nose near Razorback Stadium, per Fox.