Investment Watch Blog

CENTCOM Commander Gen. Kenneth McKenzie said the Taliban were “helpful and useful when we closed down operations.” “They established a firm perimeter outside of the airfield to prevent people from coming on the airfield during our departure,” McKenzie said of the Taliban Monday. “They did not have direct knowledge of our time of departure, we … Read more

"I am extremely proud of what I've done. "At the same time freedom and choice, all of those things you have to have. You can't force people to do it. "You have people that for good reason, for their reasons, they don't want to have it. I don't think you should be forcing them." pic.twitter.com/tAcEuvlYpB … Read more

For the first time since the 1970s the sense of fiat currency erosion relative to financial assets and consumer prices due to misguided policies has penetrated the mindset of investors in a significant way. — Otavio (Tavi) Costa (@TaviCosta) August 31, 2021 Nonetheless, easy and cheap access to capital has also been one of the … Read more

PayPal is exploring ways to let users trade individual stocks, according to two sources familiar with the plan. As part of the expansion, according to one of the sources, the payment giant hired a brokerage industry veteran to lead “Invest at PayPal” — a previously unreported division of the payments giant. The move comes amid … Read more

That's arguably a better way of saying things. I was looking at things from the Fed's point of view. They Fed openly promotes asset bubbles. Whatever "benefit" they see from that "accommodation" ends NO LATER than the moment they stop QE. https://t.co/cvoXu5tMhZ — Mike "Mish" Shedlock (@MishGEA) August 30, 2021 When the money printer goes … Read more

White House press secretary Jen Psaki called the past week the “worst week” in Biden’s presidency. At the press briefing, Psaki reiterated Monday that the Biden administration still fully supports withdrawing US troops from Afghanistan. Psaki was asked by a reporter if Biden sticks by his decision to pull the troops out of Afghanistan, despite … Read more

Democratic leaders in the House and Senate are hoping to pass a $1 trillion bill to fund infrastructure and a $3.5 trillion bill to fund new and expanded entitlement programs. The bills would entrench a substantial increase in the size and scope of the federal government. The chart below shows past and projected domestic program spending if the … Read more

In a dramatic turn for the major studios, Hollywood’s share of China’s box office is in free fall, reportedly collapsing to less than 10 percent as Beijing aims to bolster its domestic movie industry while continuing to block major Hollywood releases from playing in Chinese cinemas. The result is a potential existential crisis for Hollywood, … Read more

“Tell people DO NOT go to the airport now. Last US wheels leave in 15 minutes. After that, it will be overrun by TB.” ☝️Latest on Kabul airport from an international safety and security officer for one of the world's largest relief organizations — emily miller (@emilymiller) August 30, 2021 “Some of the plane nerds … Read more