by confoundedinterest17 The Biden epic spending spree and The Federal Reserve’s epic money printing has resulted in a host of outcomes. First, cryptocurrency Bitcoin finally hit $61,000 today before backing-off. The
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter House prices in Miami eke out post-collapse record but fizzle in Las Vegas, Phoenix, Washington, DC; fall in Chicago. Cincinnati & Detroit tick down further. There is a
BRITAIN was tonight plunged into chaos once again as MPs voted to kill off Theresa May’s Brexit deal by 391 votes to 242. Now 993 days after the referendum, and
I think it is way past time for people to drop the bickering and pay attention to what is happening to the very concept of freedom of speech on the
Ben MArquis for the Conservative Tribune reports, As part of the left’s blind opposition to President Donald Trump — particularly with regard to his illegal immigration policies — a number
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too. How well does a buy-and-hold strategy work in
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The vengeance of share buybacks: buyback queen Apple plunges. In the third quarter, share buybacks by S&P 500 companies totaled $203.8 billion, according to S&P Dow
via newsbusters.org: CNN’s Jim Sciutto was one of the many journalists this week who attacked President Trump’s comments about border security during his meeting with Nancy Pelosi and Chuck Schumer Tuesday. Sciutto even
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It was an ugly Monday and Tuesday followed by a Wednesday that at first look like a real bounce but ended with the indices giving up
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Time for some hefty share buybacks. Apple suppliers are talking and filling in some details on demand for iPhones. And shares of Apple dropped another 4%
A California teacher’s case to block Judicial Watch from obtaining public records about her violent Antifa activism is “entirely frivolous,” a federal judge said during a hearing this week in
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bain Capital sold it to them. “We are pleased with our fourth quarter results,” and so on and so forth, said Symantec CEO Greg Clark Thursday
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Leverage is why the Fed has been worried about the bubble in CRE. Commercial real estate loans at banks in the US reached a record of
The banking system is a disaster. It’s all coming down when the central bankers decide to pull the plug. Do you think the Fed and other central banks are responsible
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What would the Fed to? The Dow fell 4.1% today to 23,860, with the index plunging 480 points in the last hour. This 1,033-point drop was