Author: tremendousblog
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The UK has vaccinated faster than almost anywhere on earth: And it’s working! Cases have fallen off a cliff, dropping by almost 90% in just two months: The US is actually not far behind the UK in vaccinations per person anymore, although we were significantly behind until recently. And we…
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Shortly after giving blood a week ago, I availed myself of the blood center’s free cookies and magazines. I flipped to an article about banking in poor, mostly black areas of the rural south: …the national banks discourage poorer—and less profitable—clients through minimum-balance requirements and fees. And in many small…
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+ Business+ African-American, Banks, Black, Discrimination, Finance, Immigration, Money, Personal finance, Rural, Unbanked+
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I came across a shocking fact this morning: 28% of Americans bought a meme stock like GameStop or AMC in January: Over a quarter of American adults say they bought GameStop (GME) or another viral stock in January, according to a new survey from Yahoo Finance and The Harris Poll.…
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In the waning days of the Trump administration, the government proposed regulations that would ban anonymity for holders of cryptocurrencies: Users whose wallets now are only identified with codes would have their true identities recorded with the financial institutions they zealously avoided. This proposed regulation has now been passed on…
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Last Saturday, my wife went to a farmer’s market with her friend. As her friend loaded up on yummy veggies, my wife noticed something: she was paying $40 for a small bag of vegetables while we pay $26 for twice as much. And ours is 100% organic, whereas the farmer’s…
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+ Health+ Cooking, Diet, Food, Frugality, Healthy lifestyle, Organic, Produce, Saving money, Self-care, Self-improvement+
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We are seeing strong options activity on Palantir Technologies, Inc., which is a darling of the Reddit crowd: On CNBC’s “Options Action,” Mike Khouw said about 610,000 contracts traded in Palantir Technologies Inc on Wednesday and calls outpaced puts by about three to one. The most active calls were the…
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Stock mania has gripped the US throughout the year. And now it’s spreading to Asia, where trading volumes are rising far faster than even in the US: The value of stock trades matched on exchanges, in what is known as electronic order-book trading, gives a sense of the trend. Such…
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A huge untold story of the world today is how far Europe has fallen behind the US economically in recent decades: Here are the 2019 numbers (in 2019 dollars, again World Bank) US: $65,297. UK $42,330. That’s 35% less than the US. Or, the US is 54% better off than…
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Congress is investigating whether traders on Reddit’s Wallstreetbets colluded to drive up the price of GameStop, possibily illegally. But two major legal precedents are on the side of Wallstreetbets: In the DRW case, the CFTC argued the defendants’ orders for a swap contract were “inherently manipulative” because the defendants “understood…
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As Rocket Companies jumped over 70% yesterday, short sellers are feeling the pain: A surge in the shares of U.S. mortgage provider Rocket Companies on Tuesday is estimated to have inflicted losses of $813 million on short-sellers, data from financial analytics firm Ortex showed. More here. Given that this is…
Tremendous 