Chinese stocks a step closer to getting removed from US due to auditing rules

by r2002 TLDR Your favorite Chinese stocks will be fine. Nio, Xpev, and BABA are all audited independently by Pricewaterhousecoopers. Earlier this year BABA’s CFO said they anticipate no problem with complying with US regulations. WSJ reports that next week the House will consider a measure that will force Chinese companies traded on American exchanges to follow American auditing rules — … Read more

Walmart (NYSE: WMT) – A stock quick review/guide – 2nd Place Winner in the Poll

by A reddit user Introduction: Good morning/evening everyone. The poll closed out (on r/dividends) with Walmart placing 2nd and Honeywell placing last, so these two will get stock reviews, starting today with Wal-Mart. Walmart | Save Money – Live Better: Sector: Consumer Defensive Walmart is America’s largest retailer by sales, selling a variety of general merchandise … Read more

Gold Leads Stocks Lower Into Insolvency Crises

Gold Leads Stocks Lower Into Insolvency Criseshttps://t.co/3ZpwHoDzPB — Steven Van Metre – AI 👑 (@MetreSteven) November 27, 2020 Steve, take a look how quiet Florida retail is 😬 Once these loan deferrals expire corporate loan defaults are going to sky rocket… then we have your financial crisis.https://t.co/s7wHTe6z01 — Financelot (@FinanceLancelot) November 29, 2020

We have never seen an economy of this size being so levered. Matter of fact… The world has never been so levered.

Meanwhile in China….. Banking assets just made fresh new highs.  Now at 330% of its GDP! We have never seen an economy of this size being so levered.  Matter of fact… The world has never been so levered. It all points back to gold. pic.twitter.com/4s1kx0K5Se — Otavio (Tavi) Costa (@TaviCosta) November 29, 2020 Dear Mr Powell, how … Read more

David Morgan: Left or Right – Technocracy is Here

The Morgan Report, Released on 11/27/20 American democracy just isn’t good enough anymore. The past few elections have done more to divide American society than unite it, while trust in government–and democracy itself–is plummeting fast. David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, … Read more