Mannarino: Into The Abyss – The US Economy Is In Economic Freefall!

TradersChoice.net, Released on 12/2/20 Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served … Read more

Carjackings up over 500% in minneapolis

A housekeeper arriving early to her shift in south Minneapolis was confronted by two hooded teenagers outside her driver’s side window. One pointed a gun at her head, demanding that she get out, before firing three shots: two ricocheted off the window and a third struck her side-view mirror. The woman threw her car into … Read more

A government watchdog says the Labor Department has been releasing flawed data — and finds that most states underpaid jobless Americans

The Labor Department reported false counts of week-to-week jobless-benefits claims, and several states underpaid unemployed Americans through a key economic relief program, the Government Accountability Office said Monday. Inconsistent state data, claims backlogs, and potential fraud in the benefits system resulted in “flawed week-to-week comparisons” of jobless-claims data, the government watchdog said. Average weekly payments through the … Read more

Canadian electric truck and bus manufacturer to “IPO” on NYSE via a merger with $NGA

https://tcrn.ch/33yjZxh Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special purpose acquisition company Northern Genesis Acquisition Corp. The combined company, which will be listed on the New York Stock Exchange, will have a valuation of $1.9 billion. The companies raised $200 million … Read more

Exxon cuts capex and will write off up to $20bn in assets

https://reuters.com/article/exxon-mobil-outlook/update-3-exxon-tries-to-put-the-worst-behind-it-with-20-bln-writedown-idINL4N2IG4LY Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest ever impairment, and slash project spending next year to its lowest level in 15 years. New cost cuts aim to protect a $15 billion a year shareholder payout that many … Read more

Donald Trump says he will veto the ENTIRE national defense funding bill unless Section 230 is terminated

WASHINGTON (AP) — President Donald Trump is threatening to veto a defense policy bill unless it ends protections for internet companies that shield them from being held liable for material posted by their users. On Twitter Tuesday night, Trump took aim at Section 230 of the 1996 Communications Decency Act, which protects companies that can … Read more