Investment Watch Blog

President Trump approved $900 billion in stimulus spending in December and President Biden approved another $1.9 trillion in March. Biden is set to propose a further $3 trillion on infrastructure, and Majority Leader Chuck Schumer is exploring ways to bend Senate rules to keep the spending flowing. This gusher of spending is greatly damaging. This is not monopoly … Read more

Archegos Capital Management, a private investment first based in New York, resorted to a huge fire sale of stocks worth $20 billion on Friday that caused big drops in the share prices of companies linked to the investment firm, putting markets on edge about the scale of the possible fallout. The fire sale of about … Read more

US Special Operations’ new “chief of diversity” has been reassigned just days after he was appointed, amid an investigation into social media posts in which he compared former President Donald Trump to Adolf Hitler. A Department of Defense official confirmed the reassignment of Richard Torres-Estrada to Fox News on Tuesday. Torres-Estrada’s appointment as chief of … Read more

The man busted for the hate-fueled attack on an Asian woman in Midtown was out on parole for killing his own mother back in 2002, authorities said Wednesday. Brandon Elliot, 38, who lives in a nearby hotel that serves as a homeless shelter, was arrested early Wednesday and hit with a number of charges, including … Read more

NEW YORK (WPIX) — Police on Tuesday arrested two former employees of the New York City Medical Examiner’s Office on allegations they stole credit cards from multiple bodies in the city’s custody and charged thousands in unauthorized purchases, according to officials. Charles McFadgen, of the Bronx, and Willie Garcon, of Brooklyn, were taken into custody … Read more

Democrats, contending laws requiring voters to present photo ID amount to discriminatory “suppression” of the black vote, are pushing legislation in the Senate that would gut state voter ID laws. But a new Rasmussen national telephone and online survey finds that 69% of likely black voters and 75% overall believe voters should be required to … Read more

The cost of lumber has gone up 188% since the beginning of the pandemic, which raises the cost of new builds and could price out some homebuyers. SKAGIT COUNTY, Wash. — Anyone buying lumber these days is in for sticker shock. Prices are at unprecedented levels, and it’s affecting everyone from people planning home construction … Read more

DONALD Trump has signaled he will run for president in 2024 during an interview with his daughter-in-law Lara. The former president conducted his first on camera interview since leaving the White House on Tuesday night. When asked by Lara whether or not his supporters could look forward to him running for president again, he replied: “You do … Read more

PayPal announced today that it shall allow US customers to pay with cryptocurrencies throughout its worldwide retailer network, as per a report this morning on Reuters. The move can help bolster the daily usage and adoption of cryptocurrencies like Bitcoin and Ethereum among millions of its online merchants globally—bringing in the much-needed visibility and broader proof-of-concept … Read more

The housing market is ridiculous. People are panic buying everything and half of Americans are cheering it on as they use their homes like ATMs again. They don't recognize the consequences of the next generation not being able to afford a home. We need honest interest rates. — AW (@mamabear9000) March 31, 2021 https://twitter.com/NorthmanTrader/status/1377252023880540163 There … Read more

Another attack on those who dare to help activists of any kind. This has been China’s Communist Party’s response to anyone or anything that does not stay in lock step with the CCP. ————————————- China Orders Law Firm Linked to Hong Kong 12 to Dissolve A law firm linked to the case of 12 Hong … Read more