BYRON YORK: How Republicans Crashed Nancy Pelosi’s Party.

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via washingtonexaminer: Not long before Election Day, the Associated Press ran a story headlined “House already won? Pelosi thinks so, and reaches for more.” The article said House Speaker Nancy Pelosi was so confident about keeping control of the House that she was preparing for an expanded Democratic majority. “Pelosi notes experts have suggested Democrats will … Read more

Musk overtakes Gates as world’s second-richest… TESLA Hits Half Trillion Mark… Hackers say they can steal Model X in minutes

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Musk overtakes Gates as world’s second-richest… (Bloomberg) — Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla Inc. co-founder passed Bill Gates to become the world’s second-richest person. The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price. Musk has added $100.3 … Read more

Palantir Valuation – Opening the Black Box

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by 2021mba_throwaway I asked you guys what company you wanted me to do a valuation on and PLTR was the favorite. This admittedly took me longer than I thought it would because this company is so weird and shady and honestly, next to impossible to predict. I try anyway. Feel free to jump around the … Read more

Attention Robinhood power users: Most day traders lose money

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Attention Robinhood power users: Most day traders lose money (cnbc.com) Day traders have terrible track records. Academics who study stock pickers have long observed that the vast majority of professional money managers – about 85% – underperform their benchmarks over a multiyear period. Now those professionals are turning their sights on retail day traders, warning … Read more

New Jersey resident Debra Broderick tells @brynnCNN she “would do anything” for a job. She has been waiting since 4:30 a.m. at a food drive.

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New Jersey resident Debra Broderick tells @brynnCNN she “would do anything” for a job. She has been waiting since 4:30 a.m. at a food drive. “If it wasn't for this place, we don't know where [we would] get our food because we need to pay our bills.” https://t.co/SCXA8zNxtc pic.twitter.com/KKnKMm5U2s — CNN This Morning with Audie … Read more

DOW hits 30k after consumer confidence data comes it sharply lower than expected.

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DOW hits 30k after consumer confidence data comes it sharply lower than expected. — John Tuld (@BradHuston) November 24, 2020 Dow hits 30,000 for the first time.$DJIA pic.twitter.com/1zmQJx8jg1 — Charlie Bilello (@charliebilello) November 24, 2020 November @markets so far: – Dow up 13%, passes 30k, best month since 1987– Russell 2000 up 20%, best month … Read more

Top 5 biggest online slots 2020

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The year 2020 has indeed been a good year for online slots in general. We thought we’d check them out and come up with a top 5 list, the best of the best of this crazy year. When playing online casino games Ireland, we know that you are looking for the best, and we are going … Read more

EU budget and recovery funds likely to be agreed next month, Spain plans maximumtake-up

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by Altruistic_Camel Daiwa Securities As expected, yesterday evening’s teleconference of leaders failed to resolve the impasse over the forthcoming seven-year EU budget and associated recovery grant and loan programme (Next Generation EU). Hungary and Poland -which have been the biggest net beneficiaries of the current multi-year budget –continued to block progress in protest at attempts … Read more

Wall Street has won the election

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https://twitter.com/NorthmanTrader/status/1331020519697739783 It doesn't get any better than this. -Janet Yellen is back.-Fed's balance sheet turning up again.-Negative yielding bonds at new highs. And, in the meantime…… The headlines are calling for the end of the bull market in gold. It’s time to accumulate before the breakout. pic.twitter.com/jE52fA5G9b — Otavio (Tavi) Costa (@TaviCosta) November 24, 2020 https://twitter.com/NorthmanTrader/status/1330976694736461832 … Read more

Is Another “Crisis” Imminent: The Fed Must Double QE In 2021 But It Needs A Catalyst

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https://www.youtube.com/watch?v=BTDDat7TQQQ Strategists are alerting that another economic crisis is in the making just to enable the Federal Reserve to double its Quantitative Easing policies and keep the financial markets properly heated while compromising real economic growth. The central bank has fallen into a very damaging market trap and now it appears to be condemned to … Read more

Can Biden’s “Fragile” Economic Team Tackle These Monstrous Challenges?

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From Birch Gold Group In the past few weeks, we’ve looked into Joe Biden’s proposals for Social Security and 401(k) plans. We’ve also examined the potential impact of these proposals on retirement savers. Today, let’s take a look at the broader economic picture and, if Trump’s legal challenges aren’t successful, how Biden and his economic team might stand up to … Read more

A Professor’s Mistaken Disparagement Of The Gold Standard

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by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: GATA does not advocate returning currency systems to a gold standard. This organization advocates free and transparent markets for the monetary metals and keeping government out of them. Of course if governments adopted such a policy, people everywhere probably would remonetize gold as … Read more