Unusual Whales (Page 16)

Only 30% of 2025 college graduates and 41% of 2024 graduates found entry-level jobs in their fields

Key takeaways * Just 30% of 2025 graduates have jobs in their field, down from 41% of 2024 graduates. * 76% of employers are hiring the same or fewer entry‑level employees because of tight labor markets, AI adoption, and economic pressures. * 48% of graduates feel unprepared for entry‑level roles, and

Larry Summers Steps Back Amid Epstein Email Fallout

What just happened * Larry Summers, the former Treasury Secretary and ex-President of Harvard University, announced he would step away from many public commitments after newly released emails showed his continued correspondence with convicted sex-offender Jeffrey Epstein. * Harvard revealed it will conduct an internal review of his ties to Epstein and

Pam Bondi has 30 days to release the Epstein files

A newly signed U.S. law mandates that the Department of Justice release previously sealed files related to Jeffrey Epstein’s network in “searchable format” within 30 days. This comes after years of limited public access to his legal and investigative records. The push for transparency underscores ongoing interest in

Walmart Q3 FY26 Earnings: Strong Results, Raised Outlook, and Market Ripples

Highlights of Walmart’s Q3 FY26 results * Revenue beat – Walmart’s revenue in the quarter ended Oct. 31, 2025, was $179.5 billion, up 5.8% or 6% in constant currency. The company’s U.S. same‑store sales rose 4.5% while global e‑commerce sales jumped 27%. * Advertising

Walmart’s Nasdaq Switch Signals Tech-Driven Strategy—Here’s What Investors Should Know

Background – Walmart’s exchange switch Yesterday, November 19th, Walmart announced that it will voluntarily transfer its primary stock-exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. The company said that trading on Nasdaq will begin on December 9th, 2025, and the ticker symbol WMT

Illustration of the White House with an upward-pointing arrow leading to a large circle that reads ‘$2,000 Dividend.’ In the background, the U.S. Capitol building is shown with an X over it.

tariffs

White House Eyes $2,000 Tariff-Revenue Dividend Without Congress

Deputy White House Chief of Staff James Blair said the administration is examining whether it can distribute roughly $2,000 checks to millions of working Americans, funded by tariff revenues, without needing direct congressional approval. What’s the Proposal? * The checks would be financed via revenues from the sweeping tariffs

China has resumed large-scale purchases of U.S. soybeans, buying nearly one million tons after a brief pause

China has resumed large-scale purchases of U.S. soybeans, buying nearly one million tons after a brief pause. The move signals Beijing’s renewed commitment to maintaining the current trade truce with Washington. What Happened * USDA reported 792,000 metric tons of soybeans sold to China for the 2025-26 marketing

Job openings have decreased 32% since ChatGPT’s debut

Job Market Shock: Gen Z Feels the AI Squeeze A new study analysing U.S. job-openings post-ChatGPT finds dramatic drops in early-career roles: openings down ~32 % since late 2022. At the same time, one of the few bright spots for younger workers — a ~$35 K/year healthcare aid role — is

The Financial Times has reported that Oracle's, $ORCL, $300 billion OpenAI deal is already underwater

Big Bet, Big Red Ink Oracle Corporation’s recently announced $300 billion deal with OpenAI has already resulted in a staggering drop in Oracle’s market value—approximately $315 billion lost since the deal was revealed. Financial Times What Went Wrong * The deal was pitched as a transformative move for

Trump says he doesn't care about bill

House, Senate Move to Release Epstein Files in 427-1 Vote The United States House of Representatives approved legislation by a striking 427-1 margin to force the United States Department of Justice to publicly release all non-classified files tied to Jeffrey Epstein and his network. What the Bill Does * Requires DOJ

The Epstein Files bill grants Attorney General Pam Bondi the authority to "withhold or redact" any material that could endanger "national security" or "jeopardize an active federal investigation"

A Rare, Near-Unanimous Vote In a striking display of bipartisan agreement, the House voted 427–1 to compel the Department of Justice to release all remaining files tied to the Jeffrey Epstein investigation. Lawmakers from both parties framed the move as a matter of transparency, arguing that the public deserves

House Votes 427–1 to Force Release of Epstein Files

A Rare, Near-Unanimous Vote In a striking display of bipartisan agreement, the House voted 427–1 to compel the Department of Justice to release all remaining files tied to the Jeffrey Epstein investigation. Lawmakers from both parties framed the move as a matter of transparency, arguing that the public deserves

The House floor voting on the release of the Epstein Files

The US House has passed the Epstein bill, forcing the DOJ to release the Epstein files

This is a developing story. The US House of Representatives has voted 427 to 1 to require the Justice Department to release all of its files related to Jeffrey Epstein. The bipartisan measure now moves to the Senate, and would then need President Donald Trump’s signature to become law.

Older Americans don't want to pay taxes on their homes; Millennials and Gen Z would shoulder the cost

Boomers vs. Millennials: The Tax Game Gets Real A mounting revolt among the Baby Boomers is targeting one of the oldest fiscal pillars in U.S. local government: property taxes. According to the BI piece, many Boomers now own homes that have soared in value—and feel they’re paying

Former US Treasury Secretary Janet Yellen says the US is “in danger of becoming a banana republic"

Yellen’s Red Flag: Tariff Cuts, Economic Risk Janet Yellen has sounded the alarm that sweeping tariff cuts tied to a plan by Donald Trump may carry “tremendously adverse consequences”, warning the U.S. economy and global markets are at risk. Her key concerns: * Cuts funded via tariffs mean higher

Larry Summers’ Epstein Email Fallout: What It Means for Markets & Trust

The Scandal In A Nutshell Larry Summers, once Treasury Secretary and President of Harvard University, has announced he will step back from public commitments after the release of hundreds of pages of email correspondence with convicted sex offender Jeffrey Epstein. The communications spanned from 2013 through early 2019 and show

Wealth Concentration: The Top 10% Own 87% of Stocks — Market & Options Implications

The Wealth Gap Is Real—and Getting Bigger According to Ritholtz Wealth Management and author Ben Carlson on his blog A Wealth of Common Sense, the top 10% of American households now own: * ~87% of all publicly-traded stocks. * ~84% of private businesses * ~44% of real estate. * Over two-thirds of overall

Entry-Level Hiring in Big Tech Collapses >50 % Since 2019: Market Shock & Options Signals

Big Tech Scales Back the Ladder Data from the SignalFire 2025 Tech Talent Report shows that hiring for new college graduates at the top 15 tech firms has plunged by over 50 % compared to pre-pandemic (2019) levels. In fact, new grads now represent just ~7 % of total hires at these

AI-Generated Writing Is Everywhere — What It Means for Markets

According to a recent report by Graphite and cited by Axios, articles produced by AI briefly surpassed human-written pieces online — but now the volumes are roughly balanced. The findings show that although AI-generated writing surged after the launch of ChatGPT in late 2022, it hasn’t yet fully overtaken human

Donald Trump has said that the $2000 checks will go out mid 2026 to Americans

Big Promise, Big Uncertainty Former President Trump surprised markets by announcing a plan to give $2,000 per eligible American funded via tariff revenue. He posted: “A dividend of at least $2000 a person (not including high-income people!) will be paid to everyone.” But the announcement is high on theatrics

A social media post from the account “unusual_whales” displays a tweet that reads: “The Cass Shipment Index, the go-to benchmark for freight volumes since 1992, has dropped to 2009 levels.”

U.S. October Freight Shipments Fall to Worst Level Since 2009, Says Cass Information Systems

Freight Volumes Plunge: What the Data Show The latest freight-shipping data from Cass Information Systems reveal a sharp decline in U.S. logistics activity: * The Cass Multimodal Shipments Index fell 4.3% from September to October. * On a seasonally-adjusted basis the drop was 2.1%. * The October reading is the

Ponzi Schemer Who Got Trump Clemency Now Faces Up to 50 Years in New Fraud Case

Former Trump-Pardoned Ponzi Schemer Hits Trouble Again The individual in question—Eliyahu Weinstein—a convicted Ponzi-schemer who previously received clemency from Trump, is now facing new federal charges that carry a maximum penalty of up to 50 years in prison. Weinstein had been released under clemency in 2021, but prosecutors

Cathie Wood Slashed 2030 Bitcoin Forecast — What Investors Need to Know

Cathie Wood Scales Back Bitcoin Ambition Cathie Wood, widely known for her bullish tech and innovation-focused investment style, has slashed her 2030 target for Bitcoin in a recent update to investors. The move marks a departure from her earlier aggressive projections and signals growing caution around crypto’s macro, regulatory

Trump Declares: “The Economy Is the Strongest It Has Ever Been”

Trump Makes the Bold Claim President Donald Trump declared that the U.S. economy is “the strongest it has ever been,” citing record stock market highs, robust employment, and comparisons with global competitors. In a recent interview, he said: “Our country has never done better. We should not have had

Steve Bannon Warns Conservatives: “If GOP Loses, Some of Us Will Be in Prison”

Bannon’s Stark Warning: “Lose & Go to Prison” At a recent event hosted by the Conservative Partnership Institute in Washington, Steve Bannon warned attending conservatives that should the GOP lose the upcoming 2026 midterm elections or the 2028 presidential election, some in the room — including him — would end up