by Lance Roberts The expected “sugar rush” from more stimulus is why the economy will “run hot” then crash. As every parent knows, giving a child too much “sugar” leads to a “rush” of energy. Then comes the crash, where you find them in some odd place taking a nap. The Coming Economic “Rush” Recently, JP Morgan joined the rest … Read more
A U.S. federal judge has given final approval to Facebook’s $650 million payment to settle a privacy dispute between the California group and 1.6 million users in the U.S. state of Illinois. The decision was issued on Friday, according to documents seen by AFP on Sunday. Chicago attorney Jay Edelson sued Facebook in 2015, alleging … Read more
By Ag Metal Miner President Joe Biden’s latest executive order seeks to secure a variety of important supply chains. For example, in one higher-profile case, General Motors recently announced it would extend downtimes at several plants as a result of a semiconductor shortage. As we’ve noted in our Rare Earths Monthly Metals Index (MMI) series, rare earths supply has … Read more
by Matthew Levy, CFA Is the worst of what the last few weeks brought over? February started off with so much promise, only to be ruined by surging bond yields. The way that bond yields have popped has weighed heavily on growth stocks. Outside of seeing a minor comeback on Friday (Feb. 26), the Nasdaq dropped … Read more
Retirement Lifestyle Advocates, Released on 2/28/21 Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement. His website is The Market Ticker.
by confoundedinterest17 The US economy is growing at a scalding pace (8.8%) according to The Atlanta Fed’s GDPNow real-time tracker. That is over twice as high as real GDP growth in prior decades. True, the uunemployment rate is at 7.4% which was where it was at in 2014, the second year of Obama’s Presidency. While Congress and the … Read more
by Michael Snyder Have you noticed that UFO sightings have been in the news a lot lately? Even in the midst of all the other big events that are happening, evidence of mysterious objects flying through our skies continues to make headlines. In particular, what one American Airlines pilot says that he saw is really shaking … Read more