Investment Watch Blog

by JC1812​ WASHINGTON — The Internal Revenue Service will begin issuing refunds this week to eligible taxpayers who paid taxes on 2020 unemployment compensation that the recently-enacted American Rescue Plan later excluded from taxable income. The IRS identified over 10 million taxpayers who filed their tax returns prior to the American Rescue Plan of 2021 … Read more

by JC1812 Taxes are due May 17th! If you can’t file on time then you can file a IRS Form 4868 for a extension. It’s a extension to file NOT to pay. Payments are still Due May 17th. (I suggest you prepare taxes this weekend if you have the time for it) HSA/IRA Contributions are … Read more

Tesla’s earnings in the first quarter were $438 million. $101 million (23%) of that came from selling Bitcoin for profit. The other interesting part is that it would have been an earnings miss without the trading. Did one make the other happen? Considering the recent news about not allowing Bitcoin anymore, it’s certainly a move … Read more

''TRANSITORY'' pic.twitter.com/ifwoKnP8Ls — Alessio (@AlessioTMAD) May 15, 2021 Chart of the week: #inflation pic.twitter.com/KhEFnGYQ4c — jeroen blokland (@jsblokland) May 15, 2021 Good Morning from #Germany where the yield curve is the steepest in 2yrs due to inflation fears. Gerrman 2s/30s yield spread has jumped to 1.09%, the highest since Jul2019. pic.twitter.com/CcpfgWwndH — Holger Zschaepitz (@Schuldensuehner) … Read more

PimEyes scans more than 900 million images across the web Privacy experts are concerned about its ‘serious privacy risks’  More than 25 searches were performed by DailyMail.com to test accuracy    DailyMail.com uploaded pictures of reports and random people  It finds results accurately and quickly for those in the public spotlight  Images that were a match … Read more

High costs and concerns about affordability threaten the future of the F-35 joint strike fighter, the program executive officer for the aircraft warned May 13. The jet is the most expensive acquisition effort in the history of the Defense Department. Current Pentagon plans call for procuring more than 2,400 of the platforms — including the … Read more

https://twitter.com/jordylancaster/status/1393403225299169280 https://twitter.com/jordylancaster/status/1393404528108752897 https://twitter.com/jordylancaster/status/1393406904160894977 h/t BFD

From Birch Gold Group It certainly appears that central bank controlled digital currency is gaining even more popularity. These “Fedcoins,” according to The Economist, “are a new incarnation of money. They promise to make finance work better but also to shift power from individuals to the state, alter geopolitics and change how capital is allocated.” The same piece also … Read more

https://www.theverge.com/2021/5/14/22436072/china-tianwen-1-mars-landing-zhurong-rover View post on imgur.com https://www.nbcnews.com/science/space/china-becomes-only-second-nation-history-land-rover-mars-n1267410 View post on imgur.com https://www.nytimes.com/2021/05/14/science/china-mars.html View post on imgur.com https://www.theverge.com/2021/5/14/22436072/china-tianwen-1-mars-landing-zhurong-rover h/t dr0id

Rep. Maxine Waters (D-Calif.) may not be the biggest fan of police, but she apparently has no qualms about federal air marshals. The liberal lawmaker is among the members of Congress from both parties accused of turning a program created to protect airline passengers in the wake of 9/11 into a “concierge service,” Fox News … Read more

What a waste of time! Supreme Court considers hearing a case on ‘most offensive word’ If the justices agree, they could decide whether the use of one word alone allows an employee to sue under Title VII of the landmark Civil Rights Act of 1964. Capitol riot The word? BOY.   https://www.wkyc.com/amp/article/news/nation-world/supreme-court-consider-hearing-case-offensive-word/507-414e1ba5-2fe0-4bff-868e-7a91346644fb   h/t Goneviral

By Thu Thu Aung, Shoon Naing and Antoni Slodkowski (Reuters) -If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4 a.m., where the first 15 or 30 customers are given a plastic token that will allow them to enter the bank when it opens at 9:30 … Read more

Americans are shopping for cars in near-record numbers, but the world’s computer-chip shortage has left dealers with the fewest offerings in decades. The market mismatch is driving up prices, and many buyers expecting to drive new cars off the lot have to wait weeks or months for their vehicles to arrive. Some showroom models sell … Read more