MyPillow CEO Mike Lindell told Insider he had to borrow $10 million in 2022 to keep MyPillow afloat. Lindell said he’d also sold a building for $2 million and borrowed a further $2 million for himself. Lindell says he’s burning …
Howe Street, Released on 8/18/22 Rick Ackerman is the editor and publisher of Rick’s Picks, an online service for traders from novice to expert. He has been trading himself for more than 40 years, a dozen of them as an options …
Reuters/Jason Lee Throughout the nearly decade-long bull market, stocks have relied on a secret weapon of sorts to keep chugging higher following periods of weakness. One Wall Street expert warns that this ace in the hole is getting less effective, …
by FS We’ve seen several flash crashes and bursting bubbles this year, accompanied by frothy activity popping up in various sectors and asset classes. This time on the Big Picture, we look at what’s fueling these bubbles and subsequent flash crashes, …
from Zero Hedge Total household debt hit a new record high, rising by $82 billion to $13.29 trillion in Q2 of 2018, 3.5% higher than a year earlier according to the NY Fed’s latest household debt report. It was the 16th consecutive …