Google will let users open bank accounts, pay friends and manage budgets through a new version of its app rolling out

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CNBC Google will let users open a bank account through its Google Pay app, in a partnership with Citi and Stanford Federal Credit Union beginning next year. The tech giant is relaunching the payments app to allow people to pay friends, similar to PayPal’s popular Venmo and Square’s Cash App. “It’s going to have a … Read more

Fed now holds more Treasury securities than all other foreign central banks…combined… Gold is a hedge against bad government decisions

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Fed now holds more Treasury securities than all other foreign central banks…combined @federalreserve @biancoresearch @USTreasury pic.twitter.com/3FPC3NQkWv — Liz Ann Sonders (@LizAnnSonders) November 19, 2020 Marginal utility of an additional dollar of debt continues to collapse. The MMT people never bring any of this up as a constraint on gov't spending or even a problem to … Read more

$PLTR announce new contract with the US Army

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This marks the first time Palantir’s Gotham software is being integrated with the Army’s latest mission command software application, called the Command Post Computing Environment (CPCE), making Palantir a key partner in accelerating the Army’s modernization… More: https://finance.yahoo.com/news/palantir-enters-mission-command-space-213700719.html

If all you’re looking for growth stocks then here you go

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by rawrtherapybackup PLTR – Data Analysis, AI, Machine Learning for Terrorism/Government Use NIO – Potentially a solid growth company if it drops a little further RKT – Online Mortgage Lending, Basically what Tesla is to Gas Combustion Engines RDFN – someone mentioned Redfin to compliment RKT and I totally agree SQ – constantly moving forward … Read more

Jim Cramer’s checklist of what an investor should analyze when researching a company – From the 1990s/2000s – Using Nike as an example – Taken from my schools archive

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by Goatofgoats99 “Bulls and Bears make money, but Hogs get slaughtered.” There must be demand for the company’s products. Nike’s been creating demand for decades, thanks to the “cool factor” supported by sharp advertising and clothing that looks good, feels comfortable and lets everyone know you’re an athlete. The company’s total addressable market. In other … Read more

Why the Price Earnings Ratio is meaningless

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by FloydMCD I know I chose a rather offensive title for a lot of low PE Investors but let me explain a bit more why. The Price Earnings Ratio is meaningless BY ITSELF. I’m afraid too many People focus on a low Pe. They run their scanners when they are looking for investment opportunities and … Read more

Examine and research all your bills to find savings

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by pgifford1987 I’ve recently been going through my wife and I’s spending and figuring where we could make improvements. Turns out there were a ton of them. Starting this process led me to changing and grouping our car insurance and home insurance provider for a 40% cost reduction and simply refinancing our house to 2.75% … Read more

The next EV play: $CIIC and Arrival Merger

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by ComputerTE1996 EV Upstart Arrival Plans Nasdaq Listing That Will Lift Valuation To $5.4 Billion $CIIC is confirmed merging with Arrival today, and news haven’t got around most retail investors yet. Arrival is a better play than HYLN and W*rkH*rse, it already has a $1.2 Billions deal with UPS for 10000 EV . It also just received 118 … Read more

Learning The Wrong Lesson From World War II Debt

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BY JOHN RUBINO As Washington borrows and spends to keep the pandemic lockdown from turning into a Greater Depression, federal government debt is approaching the same percentage of GDP as during WW II. This is a nice journalistic hook, especially because the story – as told by the typical reporter – has a happy ending: Yes, … Read more

Electronic voting machines are banned in Germany, France, Ireland, Netherlands, France, Italy and even Canada. Why? You can’t hack paper.

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Elections Canada does not use Dominion Voting Systems. We use paper ballots counted by hand in front of scrutineers and have never used voting machines or electronic tabulators to count votes in our 100-year history. #CdnPoli pic.twitter.com/dp7ZiB84ql — Elections Canada (@ElectionsCan_E) November 16, 2020 Lots of people wanted Al Gore to fight on in the … Read more

New York City Subway system faces 40% cut in service, layoffs (they’re broke)

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(Bloomberg) — For New York and its suburbs, the blow seems unthinkable: 40% to 50% service reductions for the city’s subways, buses and surrounding commuter train lines. Yet as the economic fallout from the coronavirus deepens and no federal aid in sight, the nation’s largest mass-transit system says it has no choice. On Wednesday, New … Read more