Investment Watch Blog

A former FBI agent who retired after 20 years as a special agent has been arrested and indicted on a federal criminal charge alleging he conspired to accept more than $200,000 in cash bribes and gifts. The Department of Justice said Babak Broumand accepted the bribes and gifts in exchange for providing sensitive law enforcement … Read more

With Donald Trump out of office, Chris Cuomo needs a new villain to blame everything on. On Friday’s Cuomo Prime Time, he settled on Senate Minority Leader Mitch McConnell, blaming him for a series of recent cyberattacks. He would later add that viewers should be grateful for our news media. For Cuomo, Congress is to blame for … Read more

Adversaries to the US are capable of shutting down the nation’s electrical grid, Energy Secretary Jennifer Granholm admitted Sunday, saying that such cybersecurity attacks are “happening all the time.” Granholm warned of the system’s vulnerabilities — amid an uptick of ransomware sieges — on CNN’s “State of the Union.” “Yeah, they do,” Granholm told host Jake Tapper when … Read more

Tim, Ian, and Lydia join artists George Alexopoulos and Seamus Coughlin of FreedomToons to examine the latest, worrying numbers on the US debt clock page.

Under the agreement, G-7 nations will back a global minimum corporate tax of at least 15%, U.K. Finance Minister Rishi Sunak announced in a series of tweets. The reforms will affect the largest companies in the world with profit margins of at least 10%. U.S. Treasury Secretary Janet Yellen, who is in London for the face-to-face … Read more

Apprehensive about Hong Kong’s future as the best place to do business in China and beyond, multinational firms are pulling up stakes, adding to uncertainty about the outlook for one of the world’s premier commercial cities. Buffeted by political upheaval, an authoritarian crackdown by mainland China and the pandemic, global companies and professionals are heading to rival … Read more

Obv. The markets & the underlying economy are two different beasts but everything is pointing to Stagflation surely – Increased prices across the board is slowing demand. I just don’t see how the Fed maintaining or ramping up liquidity is going to help in any way. — NeilBFormy (@b_formy) June 4, 2021 https://twitter.com/TSStewart2/status/1401235887921455106 https://twitter.com/adamscrabble/status/1399779499617705991 Inflation … Read more

The Supreme Court ruled that people who entered the U.S. illegally can’t seek permanent residency just because they are now covered by a program that gives them temporary legal status. The justices on Monday unanimously ruled against Jose Sanchez and Sonia Gonzalez, a married Salvadoran couple who received Temporary Protected Status after El Salvador suffered … Read more

Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 —Amazon devices will soon automatically share your internet with neighbors.      Beginning on June 8, Amazon devices such as Echo, Alexa, and others will be enrolled automatically in the tech giant’s recently released … Read more

by Unusual-Whales I know the $AMC narrative is retail vs hedge funds ONLY. But look at [flow](unusualwhales.com/flow) on June 2nd: you’d see whales making million dollar plays all day. Or a ten million dollar $AMC call: https://unusualwhales.com/alerts/c9e60810-708c-4d01-90a0-f81f49e0e343 Think that is retail? They love squeezes, too. Look out for large whales making big plays after these last … Read more

by Ryan McMaken of Mises Institute In twenty-first-century America, millions of Americans—Christians and social conservatives especially—are finding that the nation’s most influential institutions appear to be implacably hostile toward them. These institutions include universities, public schools, the news media, and government bureaucracies. Moreover, corporate America has increasingly embraced a posture of hostility toward groups considered to be “right wing” or … Read more