Investment Watch Blog

Senate Republicans introduced a resolution on Thursday condemning the impeachment inquiry against President Trump and calling on the House to hold a formal vote on the inquiry. Senate Judiciary Committee Chairman Lindsey Graham (R-S.C.) is spearheading the resolution, which is backed by 44 GOP senators including Senate Majority Leader Mitch McConnell (R-Ky.). But more significantly, … Read more

A federal judge held Betsy DeVos and fined her $100k for continuing to collect student loan interest. Shocking to see a government official actually held accountable for shady behavior, even if she does have that kind of money in her couch cushions. via politico: A federal judge on Thursday held Education Secretary Betsy DeVos in contempt … Read more

Jon Passantino ✔ @passantino PG&E now considering a power blackout in all of its California territory this wknd over extreme fire risk — an unprecedented action. “this system will be the strongest of the year and likely will be stronger than the October 2017 northern CA fire event.” https://www.pge.com/en_US/safety/emergency-preparedness/natural-disaster/wildfires/psps-weather-map.page PG&E now considering a power blackout … Read more

The U.S. Treasury on Friday said that the federal deficit for fiscal 2019 was $984 billion, a 26% increase from 2018 but still short of the $1 trillion mark. The U.S. government also collected nearly $71 billion in customs duties, or tariffs, a 70% increase compared to the year-ago period. The gap between revenues and … Read more

Fed: easingECB: easingBOE: easingBOJ: easingDenmark: easingAustralia: easingBrazil: easingRussia: easingIndia: easingChina: easingHong Kong: easingKorea: easingIndonesia: easingSouth Africa: easingTurkey: easingMexico: easingPhilippines: easingThailand: easing pic.twitter.com/YZ9WxjpeIE — Charlie Bilello (@charliebilello) October 25, 2019 Latest #liquidity report shows #China beginning to stir Is the #pboc also QE4’ing?! Big news pic.twitter.com/WTCKYpTCzz — CrossBorder Capital/ GLIndexes (@crossbordercap) October 23, 2019 Stocks Soar … Read more

hardliner Navarro fighting deal (not really news) The real news is in these details1. 20B in ags over two years? 🤣 2. transparency in China currency market – 🤣🤣🤣🤣Trump advisor Peter Navarro fighting 'Phase One' of China trade deal, sources say https://t.co/HlwtZ6Vn56 pic.twitter.com/Do16ifBq7l — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) October 25, 2019

During the first three quarters of 2019, 1,160 CEOs left their positions, according to the staffing firm Challenger, Gray, & Christmas. This figure exceeds the number of CEOs who departed during the same nine-month span at the height of the 2008 recession (which saw 1,132 CEO departures). The tech sector has seen the second-highest number of … Read more

Sen. Bernie Sanders (I-VT) on Thursday unveiled his proposal to legalize marijuana nationwide at precisely 4:20 p.m. EST — an homage to what has been dubbed “Weed Day.” While Sanders has already unveiled his plan for criminal justice reform, he specifically tackles marijuana legalization in his latest plan, citing the disproportionate impact its criminalization has … Read more

Bloomberg reports that workers at Alphabet Inc.-owned Google discovered a new tool was being developed that would report employees who created large calendar events involving more than 10 rooms or 100 participants, according to a memo written by a staffer at the company. The tool would be part of the custom Google Chrome browser installed … Read more

Two sources now confirm this to @FoxNews – one telling our @edhenry – "the long-awaited Justice Dept IG report will shed light on why the John Durham-led investigation is now officially a criminal probe" — Shannon Bream (@ShannonBream) October 25, 2019