Month: December 2019

‘Infinite money glitch’ found second time on Robin Hood

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by dingodoyle The good folks at r/wsb found another infinite money glitch: https://www.reddit.com/r/wallstreetbets/comments/e4k0l7/robinhood_infinite_money_glitch_step_by_step/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Here’s an explanation of what is going on: https://www.reddit.com/r/wallstreetbets/comments/e4vatr/infinite_price_improvement_explained/?utm_source=share&utm_medium=ios_app&utm_name=iossmf The Robin Hood team posted a statement on r/wsb and promptly got banned: https://www.reddit.com/r/wallstreetbets/comments/e4r0sy/robinhood_statement_on_options_collateral_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf  

Trade Deal with China Reportedly Not Happening

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So much for December 15th…   President Donald Trump last week signed the Hong Kong Human Rights and Democracy Act, a bill which requires the State Department to ensure that Hong Kong’s “one country, two systems” agreement with China is upheld each year for the US government to continue to afford Hong Kong with a … Read more

Coming soon to your country?

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In China ,If you complain about polices on social media, you will end up like this ! #Chinazi pic.twitter.com/56HCjRmZtU — Inty News (@__Inty__) November 29, 2019 This is the type of gov some lefties are begging for.   AC

Fidelity Goes Big into Cryptos with Eric Wade, Editor of Crypto Capital

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from Financial Survival Network Eric Wade is an Editor and Analyst with Stansberry Pacific Research… Fidelity has been granted a trust licence to offer trading and custody of bitcoin by the New York State Department of Financial Services, as the asset management group continues to woo cautious institutional investors into the “Wild West” of digital assets. The move … Read more

The Most Important & Overlooked Economic Number

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by Lance Roberts Every month, and quarter, economists, analysts, the media, and investors pour over a variety of mainstream economic indicators from GDP, to employment, to inflation to determine what the markets are likely to do next. While economic numbers like GDP, or the monthly non-farm payroll report, typically garner the headlines, the most useful … Read more

Corporate Buybacks Are the Stock Market

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by Jesse “There is no clean way to make a hundred million bucks.  Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them.  Decent people lost their jobs.  Big money is big power, and big power gets used wrong.” Raymond Chandler, The Long Goodbye “The … Read more

Yet another epically stupid decision by CA lawmakers.

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An epidemic of car burglaries in San Francisco over the last few years has led one Democratic lawmaker to propose plugging a loophole in state law that allows some break-ins to go unpunished, but the Legislature has balked at prosecutors’ requests to make obtaining convictions easier. The proposal, which would eliminate a requirement that prosecutors … Read more

New Lawyers Are Swimming in Debt.

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Following up on my previous post, Is Your Law School Worth It? Law School Debt-to-Income Ratios:  Wall Street Journal, New Lawyers Are Swimming in Debt: The vast majority of law-school graduates carry debt loads that exceed their initial earnings, new federal data shows, the latest sign a law degree isn’t a sure path to immediate financial success. Median … Read more

YOU KNOW SOMETHING BIG IS STIRRING WHEN CHINA CAN’T STOP LEAKS

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It’s been a bad couple of weeks for Beijing, thanks to leaks of classified documents detailing how to impose mass incarceration on the Uyghur Muslim minority, speeches by high-ranking government officials and the claims of an apparently defecting Chinese spy. Helen Raleigh of The Federalist adds up the damages and offers a warning to the U.S.   Beijing … Read more

TWITTER: Twitter Permanently Suspends Accounts of Ilhan Omar’s Potential Challenger.

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Twitter suspended the accounts of Danielle Stella, a Republican candidate hoping to challenge Democratic Representative Ilhan Omar of Minnesota next year, after she suggested the congresswoman should be tried for treason and hanged. Ms. Stella’s campaign account said on Tuesday, “If it is proven @IlhanMN passed sensitive info to Iran, she should be tried for … Read more

GOOD: Lisa Page says Trump tweet attacks are ‘like being punched in the gut.’

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via NYPOST: Former FBI lawyer Lisa Page opened up about the criticism she has received from President Trump in an interview published on Sunday, revealing that “It’s like being punched in the gut,” whenever he tweets about her. Page, who bashed Trump in text messages to her special-agent boyfriend, told The Daily Beast that she finally decided … Read more