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FOR IMMEDIATE RELEASE 2020-321 Washington D.C., Dec. 17, 2020 — The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms for routing customer orders to them, and with failing to satisfy its duty to seek the best reasonably available terms … Read more
Bitcoin going absolutely wild. Yesterday it broke 20,000 for the first time. Right now it's above 23,000. That peak in 2017 starting to look small https://t.co/cYFcNJxJZO pic.twitter.com/K62bNMP97w — Joe Weisenthal (@TheStalwart) December 17, 2020
The funding of huge European sovereign debts is facilitated by the #ECB policyBut the bill is somewhat paid by the saving householdsFor example, from 2009 to 2020 the cumulated loss of #interest revenue by German savers amounts to € 376 billion, as compared to the 2008 level pic.twitter.com/qVdr9ZZavg — Eric Dor (@ericdor_econo) December 17, 2020
From extreme Fear (March) to extreme Greed (Today): the equity put/call ratio has never been lower… pic.twitter.com/AGxg6X9wfg — Charlie Bilello (@charliebilello) December 17, 2020 The sky is the limit – Biggy pic.twitter.com/SzgBri3T6E — Alessio (@AlessioTMAD) December 17, 2020 Fund managers see no recession just an early cycle. Ok 👍 @AlessioUrban capito? pic.twitter.com/7g47ze6pf3 — Menthor Q … Read more
When a stock joins the S&P 500, it becomes part of a massive volatility complex, which is a terrifying web of arbitrage and pseudo-arbitrage relationships. Tesla will join the index as a top-ten component of a cap-weighted index. It's big. — SqueezeMetrics (@SqueezeMetrics) December 17, 2020 Since Tesla stock is driven by the returns on … Read more
US 🇺🇸 DOLLAR 💵 FALLS BELOW 90!! 👇👇👇 pic.twitter.com/GL6S1V8Pd6 — Win Smart, CFA (@WinfieldSmart) December 17, 2020 U.S. Dollar Index falls to 89.96! — John Tuld (@BradHuston) December 17, 2020
We have seen many changes in the economy in 2020. More people are moving to areas like Florida and leaving areas like California and New York. Big businesses like Goldman are also doing the same. With interest rates so low and money money pushed into the system capital is seemingly very easy to come by.
from Kerry Lutz’s Financial Survival Network Bob Hoye has been in investment business for some 50 years. The financial state of the world is totally insane. The powers that be somehow believe that printing money will enable countries to avoid recessions and depressions. It’s like believing that blood-letting will cure whatever ails you. We’re now in the … Read more
by jessefelder A few months ago I wrote Master The Art Of Doing Nothing, in which I argued that, while it may be the most difficult thing for an investor to do, the vast majority of the time an investor should simply do nothing at all. Truly wonderful opportunities don’t come around very often but having the … Read more
Lyn Alden on Palisades Gold Radio Tom welcomes Lyn Alden, Financial Newsletter Editor & Publisher, back to the program. Lyn discusses this economic downturn. We’ve seen a rebound in some asset classes, but it will take most of 2021 to see all the effects play out. We’ve seen a weaker dollar and slowing GDP growth globally. By … Read more
Co-sponsored by Thomas Massie: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." -Ben Franklin@RepThomasMassie & I intro'd 'Protect Our Civil Liberties Act' (HR8970) to repeal the so-called Patriot Act & end illegal government surveillance pic.twitter.com/QEB8gKxFKu — Tulsi Gabbard 🌺 (@TulsiGabbard) December 16, 2020 … Read more
Taxation is theft. We should have to pay as little in taxes as possible. Politicians that advocate for big government are just scammers. Bernie, AOC, etc… fake activists grifting people for their own personal gain. h/t Western_Expression_7
https://twitter.com/disclosetv/status/1339313815448645635
https://twitter.com/Absolute1776/status/1300067292533923840 https://twitter.com/Absolute1776/status/1300067300029104130 https://twitter.com/Absolute1776/status/1300067309755785217 https://archive.ph/wip/2RDsC https://nitter.net/Absolute1776/status/1300067287773458432 This may help our Patriots and Anons understand it better h/t LakotaPride
https://www.youtube.com/watch?v=tYEnjctx4_c
Ed Egilinsky, Direxion Managing Director & Head of Alternatives joins the Yahoo Finance Live panel to discuss the latest the stock market, the drop in retail sales and bitcoin.
pic.twitter.com/GgwnkrGz9U — Donald J. Trump (@realDonaldTrump) December 16, 2020 h/t Oak_Redhammer
Just how bad was the hack of U.S. government agencies that was discovered last week? Some cyber experts say it could be the worst in U.S. history — even more serious than the 1990s “Moonlight Maze” hack that stole documents that, if stacked one atop another, would be three times the size of the Washington … Read more
MOVING AT THE SPEED OF GOVERNMENT: The Orion spacecraft is now 15 years old and has flown into space just once. Congress has pumped $23.7 billion into Orion for that single flight. On the other hand: SpaceX is generally considered one of the most efficient space companies. Founded in 2002, the company has received funding from … Read more
The Federal Reserve said it would keep buying at least $120bn of debt until “substantial further progress has been made” in the recovery. Well… there you go. Same old same old — Daniel Lacalle (@dlacalle_IA) December 16, 2020 Powell says Fed is committed to using its economic tools (printing money at this extreme pace or … Read more