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THE WOLF STREET REPORT: The Stock Market Is Broken, Now for All to See

THE WOLF STREET REPORT: The Stock Market Is Broken, Now for All to See The historic short squeeze, engineered by millions of deeply cynical small traders, exposed just how rigged the market has been. (You can also download THE WOLF STREET REPORT wherever you get your podcasts).  

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Three-Card Monte, Wall Street-Style

Three-Card Monte, Wall Street-Style Their operation was in jeopardy, their ‘business model’ at risk. Their reaction was typical for the brazen barons of finance, writes Michael Brenner. Surer than Three Card Monte, from the Tricks with Cards series (N138) Duke, Sons & Co. to promote Honest Long Cut Tobacco, 1887. (Metropolitan Museum of Art/Jefferson R. […]

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Market Weekly: Game Stop Revolution or the Matrix Reloaded?

Market Weekly: Game Stop Revolution or the Matrix Reloaded? I have to say as revolutions go, this one is hilarious. Game Stop opened this morning above $330 per share, a sentence I never thought in a million years I’d ever write. This open nearly ensures that all the attempts yesterday to push the price back […]

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GameStop: Why the elites hate peer-to-peer power

GameStop: Why the elites hate peer-to-peer power During Great Britain’s golden age of gambling, a Scot named William Cunninghame Graham—losing at cards, out of money, but not yet ready to quit for the evening—secured a loan of 1,000 pounds from a Colonel Archibald Campbell. Graham pledged as security the use of his estate to Campbell […]

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This is a Financial Revolution

This is a Financial Revolution At precisely 2:32pm Eastern time on May 6, 2010, the US stock market started to drop. The decline was sudden, and vicious. Within minutes, more than $1 trillion of market capitalization had vanished, with the Dow Jones Industrial Average losing nearly 10% of its value. This event became known as […]

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Lessons From Wall Street: Notes From The Edge Of The Narrative Matrix

Lessons From Wall Street: Notes From The Edge Of The Narrative Matrix Whoever controls the narrative controls the world. That’s all you’re seeing in efforts to manage information via censorship, algorithm changes, “fact” checking, Russian propaganda panic, etc. Humans are story-driven animals, so if you control the stories you control the humans. ❖ Lessons from […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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