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It’s a triple witching day today.
The action between 4PM and 4:30PM today is going to be exciting.
“Triple witching” refers to the simultaneous expiration of stock options, index options, and index futures contracts. It occurs four times a year.
NEW: EC Commissioner Hester Peirce suggests Spot Bitcoin ETFs may have ‘in-kind’ redemptions in 2025 – Coinage ‘In-Kind’ redemptions will allow investors to withdraw their Bitcoin from an ETF to a private wallet
DAMN IT Biden abandons mass student debt cancellation plans amid GOP lawsuit
Trump has said any shutdown ‘is a Biden problem to solve’
“I’m ready to stay here through Christmas because we’re not going to let Elon Musk run the government,” said Senate Appropriations Committee Chair Patty Murray.
Fun Fact: The last Republican shutdown (under Trump) cost us $11 billion.
Elon Musk is at the start of his finding out journey, and somehow for as smart as he is, is missing the fact that he is the front man for very unpopular ideas that are going to draw a lot of attention to just how much in subsidies his businesses take.
Elon Musk President-Elect Calls For Government Shutdown Over Christmas A man who has never run for election is now calling on the federal government to close over Christmas and New Years
Mrs Trump look alike right?
all that botox, and those cat eyes ???
Trump loves her.
Tell me how did a South African native single handedly take over the United States Government without firing a shot?
– Bought it
– Elon didn’t spend $277 million to elect Trump just to be an unofficial advisor.
– He owns him.
– Shadow President-Elect.
Here’s the truth: Elon Musk doesn’t want restrictions on his investments in China, and that’s why we’re on the brink of a government shutdown.
The first scandal of Trump’s second term looks like a lot of the others: putting personal financial interests above the country’s.
The Government Is Shutting Down Because Elon Musk Has Factories
in China. There’s a mundane reason for the late-term chaos, and it’s called a conflict of interest. DAVID DAMEN DECEMBER 20, 2024
@jeremykohler and @Amierjeski
Billy Long, Trump’s Nominee to Lead the IRS, Touts a Credential That Tax Experts Say Is Dubious
Trump’s pick to run the IRS uses the title Certified Tax and Business Advisor. Tax experts say they’ve never heard of it. The title comes from a small firm that says it’s better than CPAs at finding tax savings.
If Donald Trump is the majority shareholder in a publicly traded company, foreign actors could buy up stock to boost Trump’s net worth and get into his good graces. Trump needs to divest from his businesses ASAP.
Lindsay Owens @owenslindsay1
I read through the Cato Institute’s DOGE manifesto and the chapter called “shrinking Social Security” was a helpful cheat sheet on what we can expect from DOGE:
Musk is going to pay for HIS tax cut with YOUR Social Security.
My latest for @RollingStone
Elon Musk Wants to Pay for His Tax Cuts With Your Social Security and Medicare
The point of Musk and Vivek Ramaswamy’s DOGE is to cut entitlement programs so Trump can give tax cuts to the ultra-wealthy and corporations
Lets go back to the 1950’s Very eye opening:
The Story of One Mississippi County Shows How Private Schools Are Exacerbating Segregation. This is what the Republicans have been doing over the past 50 years. They want segregation in the schools or they will kill public education.
https://www.propublica.org/article/segregation-academies-public-schools-amite-county-mississippi
SEC is willing to reconsider In Kind redemptions as first order of business is absolutely huge.
In-kind redemptions for a Bitcoin ETF refer to the process where investors can redeem their ETF shares directly for the underlying asset, in this case, Bitcoin, rather than receiving cash.
https://x.com/BritishHodl/status/1870152491213414730/video/1
Nasdaq flows start today into MSTR and must be completed by market open on Monday.
The MSTR put for Bitcoin is about to be turned on.
All credit to @Starskov
The estimated inflows into MSTR are as follows:
– Investment Banks: $2.76B
– Hedge Funds: $4.6B
– Family Offices and HNWIs: $6.9B
– Individual Retail Investors: $4.6B
– Global Insurance Companies: $1.66B
Total Potential Inflows: $20.52B
Adding part 1-4
– US states’ pension funds (Part 1): $2B
– Global sovereign wealth funds (Part 2): $.4.8B
– Global pension funds (Part 3): $3.5B
– Global ETFs (Part 4): $2.5B
We get an astonishing combined potential inflow of more than $33B. #bitcoin $MSTR
Gov. Hochul Signs Law Making the Restaurant Reservation Black Market Illegal
ISO 8583: The language of credit cards — Increase
Music & Geometry – Intervals & Scales – ROEL’S WORLD (blog)
ZEITGAIST An AI agent trained to answer questions about current global financial, cultural, and intellectual climate. It is unique, as its answers are informed not just by web sources but also by what people are saying on social media. It allows users to explore current global conversations in a truly unique way.
Wild new study links body part size to dementia risk
MIT study explains why laws are written in an incomprehensible style | MIT News | Massachusetts Institute of Technology
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