Ray Dalio is asking the questions here and giving historical context. Warren Buffett has sold stock in Apple, Wells Fargo, and other financial companies. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from … Read more
https://www.youtube.com/watch?v=U7IMqKVGPh4 John Hanson from The Political Insider reports, On Monday, “The View” co-host Meghan McCain said recent statements made by Dr. Anthony Fauci have led her to believe he should be fired and replaced by someone else who “understands science.” Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/meghan-mccain-says-dr-fauci-should-be-fired-and-replaced-by-someone-who-understands-science/?utm_source=home-headline-stories
Stansberry Research, Released on 2/25/21 China is on course to become the first country to roll out a digital version of its currency, our Daniela Cambone speaks with best-selling author Gordon Chang about the significance and importance of the move. “This is not a cryptocurrency— this is a central bank currency, which means the People’s … Read more
by Arkadiusz Sieron of Sunshine Profits Powell testified before Congress and reiterated the Fed’s dovish stance, but nevertheless, gold continued to slide. On Tuesday, Powell testified before the United States Senate Committee on Banking, Housing, and Urban Affairs. He offered no big surprises, so the markets were little changed. But the price of gold ended that day with a slight … Read more
By Irina Slav Oil prices are set to rise by the fastest rate since the 1970s over the next three years, Bank of America said in a new report, joining the growing group of analysts forecasting a return of oil to three-digit territory. The average price of Brent over the next five years, however, will … Read more
via instapundit: You do realize that the hypocrisy is the point? They can flaunt it like this and get away with it. It’s a power flex. And you keep acting like you’re making a difference by calling it out. THEY DON’T CARE. h/t Jake
Nearly one month after GameStop’s leap to record highs, Reddit traders are boosting the meme stock all over again. And just like in the January rally, short-sellers are hurting big. Investors selling GameStop short – betting the stock price would decline – posted $664 million in mark-to-market losses as shares of the gaming retailer rocketed … Read more
by John Rubino of Dollar Collapse California and Texas were, until very recently, the two best US states. The former is the richest and highest-profile, and home to Silicon Valley and Hollywood, while the latter is both huge and the place to which millions of Californians want to move. It’s not an exaggeration to say that as these … Read more
by Financial Argument via Financial Argument The Federal Reserve payment system Fedwire went down, freezing wire transfers between banks while I was editing this video. Also, It is a sign for collapse of banking system. It is very clear that something big is happening- perhaps they are trying out a new digital payment system or are trying to … Read more
It’s no secret by now that the rise of automation and robots is projected to displace millions of jobs in the coming years. Many low-skilled jobs will be wiped out because of robots, sending technological unemployment, the loss of jobs caused by technological change, through the roof. The latest installment of technological change leading to … Read more