Investing Thread

[rocky_warrior]

2021 Corporate Transparency Act. The law, which passed with bipartisan support, was intended to prevent the illicit use of shell companies by giving law enforcement agencies access to information about their ownership structures.

Frankly - the original CTA rules included every business in the US having to file, including little 'ol MUScoop, a single unit timeshare that I'm part of, every realtor, folks running home businesses, and Mom & Pops diner (fictional).  Now - I get it - any ol company can be used as a shell company, but the registration requirements were a clear overreach of federal law.  Those requirements were suspended a few years ago, taking all the teeth away from the CTA.  I believe there are more efficient ways to shut down criminal organizations than making every small business report to the federal government separately from our taxes (which we all do already)!  Maybe this is something the FBI could look into instead...

[MU82]

Frankly - the original CTA rules included every business in the US having to file, including little 'ol MUScoop, a single unit timeshare that I'm part of, every realtor, folks running home businesses, and Mom & Pops diner (fictional).  Now - I get it - any ol company can be used as a shell company, but the registration requirements were a clear overreach of federal law.  Those requirements were suspended a few years ago, taking all the teeth away from the CTA.  I believe there are more efficient ways to shut down criminal organizations than making every small business report to the federal government separately from our taxes (which we all do already)!  Maybe this is something the FBI could look into instead...

Thanks for sharing your first-person experience.

So ... how much money-laundering does Scoop do exactly?

[forgetful]

Thanks for sharing your first-person experience.

So ... how much money-laundering does Scoop do exactly?

I can't say overall, but I know for a fact they laundered 100% of the money I've given them.

[rocky_warrior]

So ... how much money-laundering does Scoop do exactly?

None, we're fine with dirty $.  It all spends the same.

[Uncle Rico]

July was worst month in retail sales since May of 2025

Retail confidence low

Promises made, promises kept!

[MU82]

(Bloomberg) -- The plan by President Donald Trump's media company to sell early access to his market-moving social media posts was a shock to one of his most influential supporters: podcaster Joe Rogan.

"What?!" Rogan exclaimed, nearly two hours into an episode of The Joe Rogan Experience posted on Thursday.

"Wait a minute, is that real?" he said, according to a recording of the broadcast. "You get access to a tweet before he makes it and then you can bet on it? How is that legal?"

Rogan was startled after a guest, the comedian Shane Gillis, mentioned the plan by Trump Media & Technology Group Corp. to sell early access to the president's posts on his platform, Truth Social, in an explicit offer to traders to reap profits off his public attacks on companies and pronouncements about foreign affairs.

The proposal — known as Truth API — would cost up to $100,000 per month, the company said. Trump's stake in the company is worth about $1 billion and is said to be overseen by his son, Donald Trump Jr.

Two media organizations sued the Trump-linked firm Wednesday over the proposal, calling it "extraordinary, corrupt, and unconstitutional."

Rogan, among the country's most influential podcasters and a frequent booster of the president's MAGA movement, offered a similar characterization.

"That's literally crazy," Rogan said, and then, when informed of the potential price tag, added: "You imagine you charge $1.2 million a year? He's just on a grab."

[TSmith34, Inc.]

(Bloomberg) -- The plan by President Donald Trump's media company to sell early access to his market-moving social media posts was a shock to one of his most influential supporters: podcaster Joe Rogan.

"What?!" Rogan exclaimed, nearly two hours into an episode of The Joe Rogan Experience posted on Thursday.

"Wait a minute, is that real?" he said, according to a recording of the broadcast. "You get access to a tweet before he makes it and then you can bet on it? How is that legal?"

Rogan was startled after a guest, the comedian Shane Gillis, mentioned the plan by Trump Media & Technology Group Corp. to sell early access to the president's posts on his platform, Truth Social, in an explicit offer to traders to reap profits off his public attacks on companies and pronouncements about foreign affairs.

The proposal — known as Truth API — would cost up to $100,000 per month, the company said. Trump's stake in the company is worth about $1 billion and is said to be overseen by his son, Donald Trump Jr.

Two media organizations sued the Trump-linked firm Wednesday over the proposal, calling it "extraordinary, corrupt, and unconstitutional."

Rogan, among the country's most influential podcasters and a frequent booster of the president's MAGA movement, offered a similar characterization.

"That's literally crazy," Rogan said, and then, when informed of the potential price tag, added: "You imagine you charge $1.2 million a year? He's just on a grab."

To quote the late, great Ernie Capadino, "Well, look who just caught up."

[Jockey]

To quote the late, great Ernie Capadino, "Well, look who just caught up."

Don't be fooled by a cheap hustler like Rogan. He would support him again in a second if he has the chance.

[MU82]

Beware the late summer and early fall of midterm years?

According to BTIG strategist Jonathan Krinsky, the stock market pulled back at least 7% in the August-October period of 1990, 1998, 2002, 2010, 2014, 2018, and 2022.

[cheebs09]

Beware the late summer and early fall of midterm years?

According to BTIG strategist Jonathan Krinsky, the stock market pulled back at least 7% in the August-October period of 1990, 1998, 2002, 2010, 2014, 2018, and 2022.

Those years didn't have the benefit of the greatest economy ever.

[tower912]

Those years didn't have the benefit of the MOST TARIFFIC economy ever.

fify

[jesmu84]

Am I understanding the situation correctly:

Tariffs begin > corporations raise prices of goods/services to pass on tariff costs to consumers > consumers suffer higher costs.

Tariffs overturned > corporations get refund from "illegal" tariff costs.

Consumers get no refunds despite being the party that actually paid for them.

Prices do not come back down despite tariffs being halted.

Corporations put tariff refunds on their books increasing their value.

[Uncle Rico]

Am I understanding the situation correctly:

Tariffs begin > corporations raise prices of goods/services to pass on tariff costs to consumers > consumers suffer higher costs.

Tariffs overturned > corporations get refund from "illegal" tariff costs.

Consumers get no refunds despite being the party that actually paid for them.

Prices do not come back down despite tariffs being halted.

Corporations put tariff refunds on their books increasing their value.

You didn't ask these questions when Nancy Pelosi put tariffs on countries

[MU82]

Am I understanding the situation correctly:

Tariffs begin > corporations raise prices of goods/services to pass on tariff costs to consumers > consumers suffer higher costs.

Tariffs overturned > corporations get refund from "illegal" tariff costs.

Consumers get no refunds despite being the party that actually paid for them.

Prices do not come back down despite tariffs being halted.

Corporations put tariff refunds on their books increasing their value.

Walmart and Costco claim they lowered prices after getting tariff refunds. I have no idea if that's true, and no idea if other retailers have said similar, just passing it on.