Microsoft, Alphabet and Amazon all announced more acquisitions in 2021 than any other year in the past decade, according to Dealogic. The torrid pace suggests companies are either trying to do deals before an antitrust crackdown or challenging regulators to …
by confoundedinterest17 US mortgage purchase applications rose 51.2% from previous week, despite mortgage rates rising. Of course, the first weeks of most years see large increases in mortgage purchase applications. Mortgage refinancing applications were up 42.77% from the previous week. Here …
Despite already spending $6 trillion in pandemic aid, Democrat Speaker of the House Nancy Pelosi said more spending may be coming, during a segment on CBS News’ “Face the Nation” with Margaret Brennan on 1/9/2022. Be sure to like, subscribe, …
President Joe Biden said we’re entering 2022 with “unique economic strength” despite historic economic crises, during his meeting with farmers and ranchers to discuss the meat-processing industry at the White House on 1/3/2022. Be sure to like, subscribe, and comment …
“Boris is urged to convene COBRA to save NHS from ‘devastating’ staffing crisis as absences DOUBLE in a fortnight and Covid admissions spike to 11-month high… NHS England’s most up-to-date staffing data, which was released today, shows 68,082 employees were …
US consumers were in the mood to spend this holiday season, with retail sales soaring 8.5 percent over last year, a study released Sunday showed. Online sales were up 11 percent and in-store sales up 8.1 percent between November 1 …
by confoundedinterest17 Turkey (the nation, not the bird) is now the Venezuela of Europe/Middle East, where insane government policies are destroying both nations. (Dow Jones) — Turkey’s central bank intervened to arrest the plunge in the country’s currency, which lost as much …
Global coal-fired power generation is expected to rise 9% and hit an all-time high by the end of 2021, despite efforts to slash carbon emissions, the International Energy Agency said Friday. Overall coal demand — including its use in steelmaking, cement …
by Chris Black This is third world tier bullshit frens. https://twitter.com/nypost/status/1470187292065161220 None of those employees should have been at work that evening. They all knew about a tornado incoming, it was all over the news for a couple days, …
Iceland is the 3rd most vaccinated nation in Europe and the 5th most boosted nation on Earth. Despite this, cases are now at record levels and restrictions are being tightened once again. Apparently, not even boosters will buy back your …
by confoundedinterest17 Despite monetary Stimulypto from The Federal Reserve (still growing!), US real GDP has fallen to almost zero. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is 0.2 percent on …
by confoundedinterest17 Can you say “All the king’s horses and all the king’s men ..” Or “All The Fed’s stimulus and all of Biden’s jobs bills ..” Yes, the Atlanta Fed’s GDPNow Q3 tracker slumped to 2.3% despite the massive stimulus …
by Lance Roberts In this 09-10-21 issue of “‘Investors Hold Record Allocations Despite Rising Warnings.“ Market Starts Correction Right On Cue. Investors Record Allocations & Rising Warnings Beige Book Highlights Fed’s Biggest Problem Portfolio Positioning Sector & Market Analysis 401k Plan …
by confoundedinterest17 Policy makers should “get started” and begin to slow asset purchases even though the delta variant poses a risk to the U.S. economic outlook and to job growth, Federal Reserve Bank of Kansas City President Esther George said. “The economy …
https://www.ft.com/content/4e23cd61-1a8d-4dc5-aba1-8565fce31882 no paywall version: https://asia.nikkei.com/Business/Business-Spotlight/Grab-s-40bn-SPAC-plan-puts-CEO-Anthony-Tan-in-driver-s-seat Grab, the Southeast Asian ride hailing + food delivery + fintech + more buzzwords company receives a $40bn valuation and its founder retains 60.4% voting rights?! According to the FT article I linked, this is similar …
by Jason Burack of Wall St For Main St While Fed governors are supposedly preparing to taper and hike rates, retired billionaire hedge fund manager Ray Dalio says that the Fed can’t taper QE or hike interest rates, without crashing asset prices or …
Leaked Audio From Biden Admin EXPOSES Unmitigated Disaster And Failure Of Democrat And Biden Policy. Audio of Secretary Mayorkas expressing failure at the border has prompted calls for his resignation. But it highlights the failures of Democrat policy and Joe …
The Chicago Board of Education recently approved a $9.3 billion budget using emergency COVID-19 funds from the federal government to hire 2,000 new employees, increase staff size, and distribute raises. The problem? The money is temporary, and a staggering 100,000 …
Twitter this week announced the rollout of a new fact-checking initiative that will rely in part on a major news organization that regularly published reports on the now-debunked Trump-Russia collusion theory and other disproven attacks on the Trump administration. The …
WASHINGTON – Videos and photos circulating on social media show a maskless D.C. Mayor Muriel Bowser officiating a large wedding in the District on Saturday despite a newly reinstated indoor mask mandate in the nation’s capital. Social media posts show many …
by Arkadiusz Sieron of Sunshine Profits The bond yields dropped despite surging inflation. It’s not a usual thing on the market, so we have to ask: what does it mean for gold? The markets hide many mysteries. One of them is the recent …
by confoundedinterest17 While the Fed’s Jackson Hole meeting is going on, the Mortgage Bankers Association released their weekly applications data. Mortgage purchase applications fell -1.6% from the previous week. But look at the following chart. With smokin’ home price growth, we …
by confoundedinterest17 Is this the new normal for banking? A big 4 bank actually had a huge upside earning … on declining lending?? Yes, Wells Fargo had a 41.44% earnings surprise on July 14, 2021. Wells Fargo Earnings Per Share (EPS) …
Wall St. For Main St., Released on 7/20/21 Brazil joined Thailand, Hungary, Poland and Russia with large tonnage purchases of physical gold. Brazil’s central bank buys 41.8 tonnes of gold in June https://www.kitco.com/news/2021-07-19… This is Brazil’s largest purchase of physical gold …
Donald Trump is reportedly telling his dinner guests that he plans to run for president again in 2024, despite playing coy about his Oval Office ambitions in public. Rolling Stone reported that Mr Trump has told at least three people …
LightShed Partners’ Rich Greenfield discusses the weekend’s record post-pandemic box office performance, and why he thinks movie theater chains are in real trouble. With AMC specifically, he explains why he thinks the company will eventually shrink as people continue to …
Wall St. For Main St., Released on 7/2/21 Global food prices are rising at their fastest rate in a decade! White House mocked for pun-filled tweet claiming cheaper July 4 cookout https://nypost.com/2021/07/01/white-h… Hot Dogs, Watermelon and More BBQ Foods Now Have …
Global food prices are rising at their fastest rate in a decade! White House mocked for pun-filled tweet claiming cheaper July 4 cookout https://nypost.com/2021/07/01/white-h… Hot Dogs, Watermelon and More BBQ Foods Now Have Mega-High Prices, Thanks to Inflation https://www.aol.com/hot-dogs-watermel… Rising …
While a handful of California officials deliberate on how to best divvy up a historic $75 billion budget overflow, gas-powered vehicle owners will be paying more to fill up their tanks. The state’s motor fuel excise tax is set to …
by confoundedinterest17 The Federal Reserve is growing “the slosh” again with its Temporary Open Market Operations (TOMO). The New York Fed conducts overnight reverse repo operations each day as a means to help keep the federal funds rate in the target …