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Prairie Gates

Prairie Gates's Journal
Prairie Gates's Journal
March 10, 2025

Imagine if Harris had been elected and the Nasdaq was down over 10% since Inauguration by March 10

Imagine the scenes on CNBC.

Imagine the scenes on Fox Business.

Imagine Maria Bartiromo.

Imagine those scenes!

March 7, 2025

Dow Takes a Li'l trip Below November 5, 2024 (Election Day) close



Might close above, but ducked below the Election Day close for a minute. Testing the 2025 low from January 13.

March 4, 2025

Noticing a lot less about DOGE and especially MUSK this week

He was no doubt polling abysmally and they're probably going in for a rebrand of some kind.

Trump seems very intent on being the center of attention this week and moving Musk to the background.

February 22, 2025

Not getting a lot of play in US media, but Pope Francis is in bad shape

He's been in hospital for the last week and a half. He's had a number of set backs, and the Vatican is now admitting that the situation is up in the air.

The day to day updates are more detailed in Italian media, of course.

February 21, 2025

Cryptos down 3%-5% after "troubling" $1.4 billion (yes, with a B) hack



https://www.marketwatch.com/story/crypto-exchange-bybit-suffers-1-4-billion-hack-heres-why-its-troubling-for-the-industry-144098dd?mod=bulletin_ribbon

Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms. It’s the latest incident for an industry struggling with security concerns that present hurdles to mainstream adoption.

+++++++++++++++++++

What a circus full of bozos.
February 21, 2025

Howard Lutnick gives top Cantor Fitzgerald jobs to his sons Brandon and Kyle



“Until I run the game, I’ve got everything to gain,” the hip-hop artist Kxtz once rapped.

The 20-something wasn’t kidding. His real name is Kyle Lutnick, son of the Wall Street billionaire who just became US Commerce secretary. Now, Kyle and his younger brother Brandon have been elevated to the top of their father’s sprawling financial empire.

...

Brandon, 27, is now CEO and chairman, and Kyle, 28, executive vice chairman of the parent company that controls investment bank Cantor Fitzgerald & Co., brokerage BGC Group Inc. and commercial real estate firm Newmark Group Inc. And they’ll be key players in the crypto world, thanks to Cantor’s expansive work in the sector and its alliance with Tether Holdings Ltd.

SNIP

These people are a parody of themselves.

February 11, 2025

USA U17 Men's Soccer beats Virgin Islands 22-0 in U17 World Cup Qualifier

https://www.nytimes.com/athletic/6128049/2025/02/10/us-soccer-u17-chase-adams-virgin-islands/

US player Chase Adams scored 10 goals himself.

There will be the usual opinions on this one, so I'll give mine: this is disgraceful behavior. This isn't a sports post, but a post about how we conduct ourselves.

February 10, 2025

I Love that the Front Page of RAI News (Italia) has Two Sports Stories "Above the Fold"

Neither of which is the Super Bowl. You have to scroll down for that one. https://www.rainews.it/



Serie A game week 24 and the ABN Amro Tennis Open took higher billing.



It's useful and instructive to remember that things that seem like really big news here are often minor stories or completely ignored elsewhere. It's a big world. You don't know the names of cities in China that are twice the size of Chicago.

Just sayin'...

February 6, 2025

Trump administration agrees to restrict DOGE access to Treasury Department payment systems

Source: NBC News

Attorneys for the Justice Department have agreed to temporarily restrict staffers associated with Elon Musk’s Department of Government Efficiency from accessing information in the Treasury Department’s payment system.

The agreement comes after a group of union members and retirees sued the Treasury Department alleging that providing DOGE access to the federal government’s massive payment and collections system — and the personal data housed in it — violated federal privacy laws.

Read more: https://www.nbcnews.com/politics/politics-news/trump-administration-agrees-restrict-doge-access-treasury-department-p-rcna190898?taid=67a4345d80b4da00016d8efa&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter&fbclid=IwY2xjawIRGBtleHRuA2FlbQIxMQABHdO8Ru0zFzXO2oMp8OIVoWL-dwSkCGR1QgvOM33UHkWH0UQg6Afva0NETA_aem_5GfueYdjT7zQc59dOVGtpg



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Hometown: California
Home country: USA
Member since: Thu Oct 19, 2023, 05:04 PM
Number of posts: 4,427
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