A Fountain of Useless Information: Business, Sports & anything else interesting or funny. Un-retired accountant, economist, stockbroker. Former Series 4 license
Yes, Friday saw the S&P 500 fall 2.6%, which is the worst day of the year so far.
Good time to remember that even the best years have bad a day or two (or more).
22 times the S&P 500 gained more than 20% for the year and the average worst day was 3.5%. In fact, there was a day in 1997 it fell nearly 7% and still gained more than 30% for the year.
That is some wild, unhinged stuff from the President.
Welker is a good person and honest journalist and didn’t deserve that but more importantly we have a president who constantly pushes conspiracy theories with zero evidence and can’t respond when politely challenged on that.
Nasdaq with a textbook rejection off the 3-year trendline 🚨🚨 Each of the prior rejections led to an eventual drop all the way down to the 200-day moving average 📉📉
German Chancellor Merz: Tomorrow is June 6th, D-Day, when the Americans once ended a war in Europe
Trump: “That was not a pleasant day for you."
Merz: “This was the liberation of my country from Nazi dictatorship” (2025)
Trump has a meltdown and ends the interview
Welker: Just to be very clear, there's no evidence of what you're saying.
Trump: There’s a lot of evidence. There’s tremendous evidence. There’s nothing but evidence. The election was rigged. And it’s happening again in California. They’re cheating.
Welker: Do you have evidence?
Trump: All I have to do is look.
Welker: That’s not evidence. The local officials acknowledge they are slow
Trump: They’re crooked. Just like you’re crooked. You’re either crooked or stupid.
What happens when your home falls 33% in value?
According to the Bank of Canada, nearly 1 in 10 Toronto area mortgage holders may not qualify to refinance in 2027.
Meanwhile, GTA mortgage delinquencies have already jumped 57% in a year.
This is the part of the housing downturn most people aren't talking about.
Goalies with multiple Stanley Cups, multiple Vezina Trophies, and a Conn Smythe in NHL history:
Andrei Vasilevskiy
Patrick Roy
Ken Dryden
Bernie Parent
That’s it. That’s the list.
Sure, 4K is nice, but there was nothing like sitting two inches away from one of these sweet bastards while your mother predicted you’d be as blind as Ray Charles by the following Thursday.