Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

Demoralized by a weak economy and unfulfilling jobs, young people in China are dropping out, exploring spirituality and becoming more rebellious

Demoralized by a weak economy and unfulfilling jobs, young people in China are dropping out, exploring spirituality and becoming more rebellious Disheartened by a sluggish economy, unfulfilling jobs, and an overbearing state, young individuals in China, like Li, are seeking alternative paths divergent from the predetermined lives envisioned by their
1 min read

Morgan Stanely, $MS, researchers believe Tesla, $TSLA, Optimus could disrupt 30% of the global labor market, a $30 trillion opportunity

Morgan Stanely, $MS, researchers believe Tesla, $TSLA, Optimus could disrupt 30% of the global labor market, a $30 trillion opportunity, per Forbes. Tesla executives recently unveiled upgrades to Optimus, the company's bipedal robot, signaling a potential game-changing development in the field of robotics. Morgan Stanley researchers predict an
1 min read

Donald Trump, who predicted three years ago that if Democratic President Joe Biden won the White House in 2020 markets would crash, has said that stock markets hitting record highs were just making "rich people richer"

Donald Trump, who predicted three years ago that if Democratic President Joe Biden won the White House in 2020 markets would crash, has said that stock markets hitting record highs were just making "rich people richer," per Reuters. During the 2020 presidential campaign, Trump claimed, “If Biden wins,
1 min read

Bernie Sanders has said: Corporate greed is Mark Zuckerberg becoming $3.4 billion richer TODAY while building a $100 million mansion in Hawaii with 30 bathrooms & an underground bunker

Bernie Sanders has said: Corporate greed is Mark Zuckerberg becoming $3.4 billion richer TODAY while building a $100 million mansion in Hawaii with 30 bathrooms & an underground bunker. Meanwhile, a record-breaking 653,000 Americans are homeless & 60% live paycheck to paycheck. 60% of Americans are living paycheck
2 min read

Banks are pocketing real money by borrowing money from the Fed's newest backstop facility, which charges a lower rate, & then parking it at another unit of the Fed, which pays higher interest

Banks are pocketing real money by borrowing money from the Fed's newest backstop facility, which charges a lower rate, & then parking it at another unit of the Fed, which pays higher interest, per Lisa Abramowicz. Read more: https://www.bnnbloomberg.ca/demand-for-fed-s-bank-term-funding-facility-grows-to-record-high-1.2014790 Per Bloomberg: Banks borrowed
1 min read