Former auditor for retail chain in Central Texas. Focused on pragmatic systems rather than complex financial instruments. I don’t blindly follow popular opinion
it took me way too long to understand this.
the central bank sets interest rates banks then decide what to charge borrowers & what to pay savers.
the difference between those two numbers is how they make money which is why your savings account always seems to be last in line
real moves, not hype. these names were up 200-700% this year before the pull back, so calling it "broken" undersells how far they'd run first. more like gravity finally showing up to a party that forgot it existed. worth watching if it's a healthy profit taking or something structural underneath
@HeroDividend honestly no, and that's the real lesson buried in the joke. anything with that much insider knowledge and zero regard for rules doesn't lose to an index fund long term. rigged games rarely underperform
@Barchart worst single day for ibm since 1968. clients are apparently pulling budget toward ai hardware and away from imb's software and infra. real earnings on july 22 will tell you if this was a once-off warning or the start of something bigger
@unusual_whales deals real, that's the part's confirmed. the options timing is the interesting bit though, before-the-news trades like that get flagged after every merger and most turn out to be coincidence, not inside info. curious if there's more on the trade itself
your credit score is more than just a number
it can affect whether you're approved for credit and even the interest rate you pay.
want to improve it?
✅pay your accounts on time
✅keep your credit utilisation low
✅only apply for credit when you need it
✅check your credit report for errors
✅build good habits. strong credit takes time, not shortcuts
a healthy credit score won't make you rich, but it can save you thousands over time through better borrowing opportunities and lower interest rates
good financial habits today create more financial freedom tomorrow
@BullTheoryio lucid's already denied this one publicly. the underlying numbers are still rough but "confirmed bankruptcy talk" isn't accurate as of now
the market spends a lot of time obsessing over inflation. i'm more interested in who can grow despite it. tough enviroments reveal durable businesses far better than easy ones. inflation isn't the story anymore. resilience is
@FluentInFinance worth noting kpmg's own take is this isn't companies losing faith in ai, it's companies finally doing the accounting they should have done from day 1
@MarketBr3akdown@zerohedge the hormuz thing is real, oil's up on it. but calling it "the" inflation driver when energy was already down 60% of may's spike feels like stacking two separate stories into one narrative