Unusual Whales

Senator Lindsey Graham advocates for action against Iran

Senator Lindsey Graham advocated for military action against Iran, suggesting that the US and Israel should bomb the country. During a CNN interview, when asked whether he supported bombing Iran even without direct evidence of their involvement in the recent attack by Hamas on Israel, Graham responded affirmatively. Expressing the

A record 447,000 Americans are now working 2 full-time jobs

A record 447,000 Americans are now working 2 full-time jobs. Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than

Americans owe $688 billion in unpaid taxes, the IRS has said

Americans neglected to fulfill their tax obligations by an estimated $688 billion on their 2021 returns, marking a record high, as disclosed by a new IRS estimate. The agency has expressed the urgency of taking measures to enhance compliance, including heightened audits targeting high-income taxpayers, businesses, and partnerships. This $688

Home prices in Canada predicted to jump by $54,000 CAD this winter

Home prices in Canada predicted to jump by $54,000 CAD this winter, per Royal LePage. The aggregate price of a home in Canada is currently $802,900, but it’s expected to jump 7% in the last quarter of the year. That increase was earlier expected to hit as

SEC adopts rule to increase transparency in short selling, where short sellers are forced to report deals

The SEC adopted rules Oct. 13 that require increased disclosure from institutional short sellers and make public certain information in the securities lending market. In a 3-2 vote, with both Republican commissioners voting no, the SEC adopted a rule requiring institutional investment managers to report certain short sale-related data to

There's now a 50% chance of world war as the Israel-Hamas conflict threatens to spread, per Ray Dalio

There's now a 50% chance of world war as the Israel-Hamas conflict threatens to spread, Ray Dalio has said. "In my opinion, this war has a high risk of leading to several other conflicts of different types in a number of places, and it is likely to

Israel tells the United Nations to evacuate the Palestinian parts of the Gaza Strip within 24 hours

Israel tells the United Nations to evacuate the Palestinian parts of the Gaza Strip within 24 hours. UN says Israel wants more than one million people out of northern Gaza, including UN staff, in the next 24 hours, raising fears that an Israeli ground operation is imminent. Hamas calls warning

Walt Disney, $DIS, is raising ticket prices at its Disneyland resort by up to 9% and lifting annual pass prices at Walt Disney World by as much as 10%

Walt Disney, $DIS, is raising ticket prices at its Disneyland resort by up to 9% and lifting annual pass prices at Walt Disney World by as much as 10%. Disney is grappling with the sensitive issue of rising prices, as it endeavors to emphasize affordable travel packages for families visiting

The era of low interest rates is over, heralding a “sea change” in a world where investors would be better off allocating most of their assets to the credit market

The era of low interest rates is over, heralding a “sea change” in a world where investors would be better off allocating most of their assets to the credit market, according to Oaktree Capital Management co-founder Howard Marks. The era of low interest rates has come to an end, signaling

Sam Bankman-Fried believed his wild hair helped him get higher bonuses early in his career and was 'very valuable,' Caroline Ellison has said

Sam Bankman-Fried believed his wild hair helped him get higher bonuses early in his career and was 'very valuable,' Caroline Ellison has said. Sam Bankman-Fried meticulously crafted his public persona, complete with his distinctive unruly hair, as revealed by his ex-girlfriend, Caroline Ellison. During her testimony in a

The US debt situation looks unsustainable

The US debt situation looks 'unsustainable,' per the IMF. The US debt situation is looking increasingly precarious, and corporate defaults are up as interest rates stay high, according to the International Monetary Fund. The US's fiscal situation is the "most worrying" among all world

Paul Krugman has said: The war on inflation is over; We won, at very little cost

Paul Krugman has said: The war on inflation is over. We won, at very little cost. Unusual Whales said, in return: You excluded everything people needed to live. Come on, Paul. Consumer price increases stayed high in September after picking up over the summer as steady gains in rent and

New York State officials are starting to suggest synagogues consider closing Friday out of an abundance of caution

Capitol Hill staffers are being notified about “enhanced operations” around the Capitol complex tomorrow in light of Hamas leader calling for a “Day of Rage” around the world. Following threats of cruelty and bloodshed from the former chief of Hamas, the New York Police Department ordered all officers to report

Ford, $F, says its offer of a 23% raise to the United Auto Workers is the best that it can do and that going any higher would hurt the company

A senior executive at Ford emphasized on Thursday that the company has reached the maximum limit of what it can afford in terms of increased wages and benefits for the United Auto Workers (UAW). Kumar Galhotra, the head of Ford's combustion vehicle unit, expressed concern during a conference

Capitol Hill staffers are being notified about “enhanced operations” around the Capitol complex tomorrow in light of Hamas leader calling for a “Day of Rage” around the world

Capitol Hill staffers are being notified about “enhanced operations” around the Capitol complex tomorrow in light of Hamas leader calling for a “Day of Rage” around the world. Following threats of cruelty and bloodshed from the former chief of Hamas, the New York Police Department ordered all officers to report

A record 17.5% of buyers purchasing a new car in the third quarter are paying more than $1,000 a month for their vehicle

Car buyers are facing minimal relief as interest rates and vehicle prices continue to rise. The latest data from automotive information provider Edmunds reveals a concerning trend – a record 17.5% of new car buyers in the third quarter are now paying over $1,000 per month for their vehicles.

More than a third of young people in Canada have said they are foregoing children because they can't afford a proper home for them

More than a third of young people in Canada have said they are foregoing children because they can't afford a proper home for them, per the National Post. The Canadian housing market is currently facing a high risk of unraveling, according to expert analysis. The precarious situation is

A buyer on a $3,000 budget could have purchased a $595,000 home with the 3.5% rates common at the start of 2022

A buyer on a $3,000 budget could have purchased a $595,000 home with the 3.5% rates common at the start of 2022, per Redfin. A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. They lost $38,

The monthly cost of a new mortgage is now 42% of U.S. median household income, 10% higher than on the eve of the 2008 housing crash

The monthly cost of a new mortgage is now 42% of U.S. median household income, 10% higher than on the eve of the 2008 housing crash, per UBS. Housing affordability is the worst on record, per the National Association of Realtors. It would take some combination of up to

US debt will become unsustainable and trigger default in about 20 years, if it stays on current path

US debt will become unsustainable and trigger default in about 20 years, if it stays on current path, per BI. A recent analysis by the Penn Wharton Budget Model has indicated that the United States has approximately 20 years to alter its course regarding the size of its debt, or

The average 30 year mortgage rate is now 8.09%

The average 30 year mortgage rate is now 8.09%, per CNBC. Housing affordability is the worst on record, per the National Association of Realtors. It would take some combination of up to a 28% decline in home prices, a more than 4% reduction in 30-year mortgage rates, or up

Chipotle, $CMG, is raising prices for the 4th time in 2 years

Chipotle, $CMG, is raising prices for the 4th time in 2 years. Chipotle has confirmed that it is adjusting its prices, as reported to Insider on Tuesday. However, the specific menu items affected by the price increases are yet to be disclosed. Laurie Schalow, Chief Corporate Affairs Officer at Chipotle,

The collapse in Treasury bonds now ranks among the worst market crashes in history

The collapse in Treasury bonds now ranks among the worst market crashes in history, per BI. The surge in bond-market sell-offs, propelling yields to notable highs, is now overshadowing some of the most severe market upheavals in past eras. As reported by Bloomberg, losses on Treasury bonds with maturities of

The Chinese real estate giant Country Garden effectively declared that it has defaulted on its debt, becoming one of the biggest casualties of China’s deepening property crisis

The Chinese real estate giant Country Garden effectively declared that it has defaulted on its debt, becoming one of the biggest casualties of China’s deepening property crisis. In a recurrence just over two months apart, Country Garden has cautioned investors about the potential default on its $190 billion debt,

The US has announced an additional $200 million in aid for Ukraine

The US has announced an additional $200 million in aid for Ukraine. The package disclosed on Wednesday encompasses air defense weaponry like the AIM-9 Sidewinder missile, munitions for High Mobility Artillery Rocket Systems (HIMARS), TOW anti-tank missiles, and 155mm and 105mm rounds, as stated by a U.S. official. It