Investment Watch Blog

The number of new applications for unemployment benefits dropped 34,000 last week to 440,000, the Labor Department reported on Thursday, as several Republican states announce plans to leave the expanded federal program early. The number of new claims, which represents the number of people who filed for unemployment in the previous week, was below forecasters’ expectations … Read more

Given the robust customer demand, dealers like Gilchrist could sell many more cars and trucks, if only they had more. Even at elevated prices — the average new-vehicle sales price tops $40,000, up nearly 10% in two years — customer demand exceeds supply. “It’s pretty evident when you pull onto our lots that there’s not … Read more

For many struggling Americans, the current third round of $1,400 coronavirus stimulus checks under President Joe Biden’s $1.9 trillion American Rescue Plan just isn’t enough. But there was wonderful news for eligible parents earlier this week when the Biden administration announced that roughly forty million families will start receiving monthly cash payments on July 15 … Read more

As President Joe Biden considers forgiving $10,000 in student debt per borrower and ending tuition for many students at public colleges, it is worth noting that college graduates already have not paid $435 billion back to the federal government. That’s right, of the government’s $1.4 trillion student loan portfolio, almost one-third is unpaid. That $435 … Read more

Oxford scientists link alcohol consumption with reductions in brain grey matter Grey matter contains neuronal cell bodies of a person’s central nervous system Research into the effects of drinking alcohol in moderation appears to be mixed In a blow to those of us who enjoy a tipple after work, a new study reveals drinking any amount … Read more

Congress is still arguing over what to do about the Capitol Hill riot months later, despite the extensive FBI investigation still ongoing and playing out in court. The Capitol Police in Washington, DC, had to release an official statement debunking the viral letter circulating on social media which urged Republicans in Congress to vote in … Read more

Chris Rock isn’t a fan of cancel culture. Right now, cancel culture and the debate surrounding the stupidity of the movement is amplified ever since Joe Rogan said the woke mob will outlaw straight white men speaking. Now, Rock has touched on cancel culture’s impact on comedy, and he’s not impressed. https://twitter.com/NotScTop10plays/status/1393984269387763713?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1393984269387763713%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdailycaller.com%2F2021%2F05%2F19%2Fchris-rock-cancel-culture-comedians%2F https://dailycaller.com/2021/05/19/chris-rock-cancel-culture-comedians/

Institutional investors are dumping bitcoin in favor of gold, reversing a recent trend that’s played out over the last two quarters, according to a new report from JPMorgan. Based on open interest in CME bitcoin futures contracts, the firm said large investors are shifting away from bitcoin after favoring the digital currency over gold beginning … Read more

Laurene Powell Jobs, whom Vox describes as “one of the world’s most important philanthropists,” is the widow of Apple founder and billionaire computer guru Steve Jobs. She has become a secret superpower behind a vast network of left-wing media outlets, organizations, and politicians. Forbes lists Jobs as one of the ten richest women on earth, … Read more

Mortgage applications to purchase a home fell 4% last week from the previous week. The average purchase application size hit $411,400 — the highest since February. The average rate for 30-year fixed-rate mortgages increased to 3.15% from 3.11% Sky-high home prices mean demand for ever bigger mortgages, but those prices may also be causing a … Read more

There is nothing more corrupt than an investigation in desperate search of a crime. If this isn’t flagrant abuse of political office I don’t know what is! This is banana republic stuff right here and it’s happening in America today. pic.twitter.com/Hlfh4iNXDF — Donald Trump Jr. (@DonaldJTrumpJr) May 19, 2021  

President Reagan vs joe biden: pic.twitter.com/D2KMTjipBR — gr🚫tivZ (@grotivs) May 20, 2021

“Mayhem” awaits you in Portland, Oregon, according to a greeting scrawled in white spray paint on a highway sign heading downtown. More graffiti, abandoned cars and trash covered encampments litter almost every off-ramp along the way. “It makes me feel sad for the people who were born and raised here, that their city has become … Read more

Value of Indianapolis home doubles to $259,000 after black owner asks WHITE friend to stand in for her for appraisal visit! https://www.dailymail.co.uk/news/article…aisal.html A black homeowner in Indianapolis has filed a complaint after her home value more than doubled after she had a white friend stand in for her during a third appraisal. Carlette Duffy believed … Read more