Attention Robinhood power users: Most day traders lose money (cnbc.com) Day traders have terrible track records. Academics who study stock pickers have long observed that the vast majority of professional money managers – about 85% – underperform their benchmarks over a multiyear period. Now those professionals are turning their sights on retail day traders, warning … Read more
STU: "Nothing symbolized the return of the #Obama years like the appointment of John #Kerry as the point-man in the new administration." #Biden #Climate #VarneyCo pic.twitter.com/jVLutHRNLj — Varney & Co. (@Varneyco) November 24, 2020
New Jersey resident Debra Broderick tells @brynnCNN she “would do anything” for a job. She has been waiting since 4:30 a.m. at a food drive. “If it wasn't for this place, we don't know where [we would] get our food because we need to pay our bills.” https://t.co/SCXA8zNxtc pic.twitter.com/KKnKMm5U2s — CNN This Morning with Audie … Read more
How is the current environment different than the https://t.co/bvuBRxJKqM bubble again? https://t.co/NujtwtPBuD — Greg (@GS_CapSF) November 24, 2020
DOW hits 30k after consumer confidence data comes it sharply lower than expected. — John Tuld (@BradHuston) November 24, 2020 Dow hits 30,000 for the first time.$DJIA pic.twitter.com/1zmQJx8jg1 — Charlie Bilello (@charliebilello) November 24, 2020 November @markets so far: – Dow up 13%, passes 30k, best month since 1987– Russell 2000 up 20%, best month … Read more
Jeff Gundlach discusses why we’re still in a recession and why he’s bearish the U.S. dollar.
The year 2020 has indeed been a good year for online slots in general. We thought we’d check them out and come up with a top 5 list, the best of the best of this crazy year. When playing online casino games Ireland, we know that you are looking for the best, and we are going … Read more
by Altruistic_Camel Daiwa Securities As expected, yesterday evening’s teleconference of leaders failed to resolve the impasse over the forthcoming seven-year EU budget and associated recovery grant and loan programme (Next Generation EU). Hungary and Poland -which have been the biggest net beneficiaries of the current multi-year budget –continued to block progress in protest at attempts … Read more
#recession … #GFC2 China #Corporate #Debt #Bubble edition https://t.co/CdF6xull8v — Invariant Perspective (@InvariantPersp1) November 24, 2020
https://twitter.com/NorthmanTrader/status/1331020519697739783 It doesn't get any better than this. -Janet Yellen is back.-Fed's balance sheet turning up again.-Negative yielding bonds at new highs. And, in the meantime…… The headlines are calling for the end of the bull market in gold. It’s time to accumulate before the breakout. pic.twitter.com/jE52fA5G9b — Otavio (Tavi) Costa (@TaviCosta) November 24, 2020 https://twitter.com/NorthmanTrader/status/1330976694736461832 … Read more
https://www.youtube.com/watch?v=BTDDat7TQQQ Strategists are alerting that another economic crisis is in the making just to enable the Federal Reserve to double its Quantitative Easing policies and keep the financial markets properly heated while compromising real economic growth. The central bank has fallen into a very damaging market trap and now it appears to be condemned to … Read more
Debt is growing fast at this time. Whether it is student loans, student debt or credit cards, mortgages, line of credit. All are growing rapidly. This is also happening on a global scale. Many countries are taking on debt themselves, financed with low interest rates.
From Birch Gold Group In the past few weeks, we’ve looked into Joe Biden’s proposals for Social Security and 401(k) plans. We’ve also examined the potential impact of these proposals on retirement savers. Today, let’s take a look at the broader economic picture and, if Trump’s legal challenges aren’t successful, how Biden and his economic team might stand up to … Read more
by Michael Snyder If we keep treating the U.S. dollar like it is toilet paper, it is just a matter of time before our entire financial system goes down the tubes. At this moment, the dollar is still the primary reserve currency of the world, and the fact that we control it is an absolutely … Read more
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: GATA does not advocate returning currency systems to a gold standard. This organization advocates free and transparent markets for the monetary metals and keeping government out of them. Of course if governments adopted such a policy, people everywhere probably would remonetize gold as … Read more
President Donald Trump has been threatening China with decoupling the US economy from the China economy. So in the recent Fifth Plenum of the Chinese Communist Party, where China lays out the next five year plan for the Chinese economy, Chinese Chairman Xi Jinping laid out what he called the dual circulation economy. And it … Read more
by Usman Salis According to the official data of the trading app Freetrade, shares of the Chinese company Nio became the most popular among users this week, following by Tesla According to the official data of the trading app Freetrade, shares of the Chinese company Nio became the most popular among users this week. Tesla and Amazon stocks … Read more
From Brandon Smith The U.S. economy has been on the verge of collapse for at least a decade, ever since the crash of 2008 and the subsequent explosion in fiat stimulus from the Federal Reserve. While the mainstream media has always claimed that central bankers “saved” us from another Great Depression, what they actually did was … Read more
NEWS: The GSA has informed president-elect Joe Biden the administration is ready to begin the formal transition process, according to a letter from administrator Emily Murphy sent Monday afternoon and obtained by CNN, via @KristenhCNN (story TK!) — Jeremy Herb (@jeremyherb) November 23, 2020 Here's the full letter from Murphy to Biden: pic.twitter.com/DJ4SFLzrfP — Jeremy … Read more
Doug Casey’s Take, Released on 11/23/20 Doug Casey is known as the International Man. He’s visited over 150 countries, many of them multiple times. And, according to Doug, Travel is dead… unless you’re very rich. Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, … Read more
from SGT Report What you will hear in this interview is the KEY to bringing down their entire system of fraud, in every single commonwealth country. Christopher James joins me to spill the beans. http://www.awarriorcalls.com http://www.earthunited.global
by Lance Roberts “The stock market is not the economy.” Such remains the “Siren’s Song” of investors as valuation expansion is the sole driver of the market’s performance. Given that corporations derive their revenue from economic activity, how do you invest when the economy is detached from the economy? I explored this issue in my presentation at the MoneyShow … Read more
China Daily, controlled by the Chinese Communist Party’s propaganda department, paid @WSJ $85,000, the @latimes $340,000, @ForeignPolicy $100,000, among other U.S. newspapers for advertising campaigns between May and October 2020https://t.co/aoNkGc8B2d — Daily Caller (@DailyCaller) November 23, 2020 China Daily also paid $110,000 to the @latimes, $92,000 to @HoustonChron, and $76,000 to @BostonGlobe for printing costs. … Read more
by Scander11 My county and many others, many cities, and many states are increasing their lockdown levels just days before one of the largest retail weeks of the year. A week that countless small businesses and middle-class people needed to get them through the holiday season after an already horrible year. How convenient it is that … Read more
