Fortune Magazine: “The Economy is shitty because your attitude is shitty.” (Zero mention of fuel or food costs skyrocketing)

by squaremild Gas prices may be hitting record highs but it’s not stopping Fortune Magazine from gaslighting America. These people are out of touch with reality. https://fortune.com/2022/06/04/what-causes-a-recession-consumer-confidence-sentiment-inflation/ “Peter Atwater, an adjunct professor of economics at William & Mary, told Fortune …

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SEC unveils plan to overhaul stock trading due to GME/AMC run last year. Looks like it could kill commission free trading.

by gargeug Link to the story: https://www.reuters.com/markets/us/wall-street-regulator-spell-out-push-overhaul-stock-trading-sources-2022-06-08/ After the GME/AMC run last year the SEC has decided to overhaul PFOF. This is how companies like RobinHood, TDAmeritrade and Etrade are able to offer commission free trading. In a nutshell, they intend …

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The rebound is on! Chinese stocks set for best week in over a year

Source: https://www.asiamarkets.com/the-rebound-is-on-chinese-stocks-set-for-best-week-in-over-a-year/ Chinese stocks are set to record their best week of performance in more than a year after yet another signal that the Chinese Government’s regulatory reins are being loosened. On Wednesday, China’s National Press and Publication Administration announced the …

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SEC Considers Routing Equity Trades Into Competitive Auctions, Gensler Says

https://www.wsj.com/articles/sec-considers-routing-equity-trades-into-competitive-auctions-gensler-says-11654705854?mod=Searchresults_pos1&page=1 SEC Considers Routing Equity Trades Into Competitive Auctions, Gensler Says The change would be part of a broader set of changes to the stock market’s plumbing that aim to reduce costs for investors ​ Securities and Exchange Commission Chair …

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