Carl Icahn’s wealth has fallen by $15 billion since Hindenburg targeted him last month. The 87-year-old activist investor said in a recent interview that he’s ready to fight the short-seller. “If you’re going to be bothered by this, you …
by BoatSurfer600 Source: Wolf Street Home Sales Plunge, Supply Rises, Prices Drop Year-over-Year Most since 2012. It’s getting crazy out here With the economy on life support and banks collapsing … I’d say Gold is a safe bet Americans …
Call your mother. pic.twitter.com/f8IYq2SloD — unusual_whales (@unusual_whales) August 26, 2022 Funny how they trapped bulls inside pic.twitter.com/mi1HKSa4Ky — Alessio (@AlessioTMAD) August 26, 2022 AC
by Michael These are not good times for Joe Biden. When the U.S. economy is performing well whoever is in the White House is going to get most of the credit. Likewise, when the U.S. economy is performing poorly whoever is …
by Boo_Randy Australia’s globalist Quisling government let Enron-style energy pirates take over the nation’s power grid as part of their “financialization of everything” to extract maximum wealth from the sheeple – but when your grids are maximized for “shareholder value” …
The S&P 500 has dropped 11% — heading toward what would count as a correction — so far this year. That’s the most on record at this juncture, according to Bloomberg data that goes back over nine decades, though drawdowns …
by confoundedinterest17 The stock market has never started a year falling as quickly as it is now. The S&P 500 has dropped 11% — heading into correction territory — in the first 16 trading days of 2022 in its worst-ever start …
https://twitter.com/Kukicat7/status/1464229431036289054
https://www.youtube.com/watch?v=J_J-nwO2qNc The purchasing power of every dollar in circulation is sharply collapsing right now, and experts are warning that lost value won’t bounce back even if economic conditions improve. The decay of our currency is actually a lot more acute …
BRITAIN was last night 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 with just 17 days before Brexit, Brits are still …
via france24: Much of Venezuela plunged into darkness Thursday evening, creating chaos as people struggled to navigate their way home amid what appeared to be one of the biggest blackouts yet in a country where power failures have become common. Commuters …
by Undercover5051 The report comes as the company faces thousands of lawsuits claiming that its talc products caused cancer. https://www.bbc.co.uk/news/business-46572536? Reuters reviewed Johnson & Johnson documents produced as part of the trials, many of which had been shielded from view …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bloodletting beneath the surface. Big names too. Here they are. It’s barely a correction, technically speaking, with the S&P 500 down 9.9% from its all-time closing high, the Dow down 9.2%, the Nasdaq down 14%, and …
by Geoffrey Grider Drivers were trapped on gridlocked, snowy roads for hours. Middle schoolers in New Jersey had to spend the night at school. The upper level of the George Washington Bridge — one of the busiest bridges in the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Lured by the siren song of a “buying opportunity” and a fat yield. GE shares plunged another 10% this morning to a low of $8.15 before recovering a little. They’re now a big step closer to …
Tech stocks plunged in October, suffering worst month since 2008 recession… The Nasdaq dropped 9.2 percent in October, its worst month since November 2008. Amazon led the index’s slide, plunging 20 percent, while Alphabet fell 9.7 percent. Tech stocks saw …
by Michael Snyder The level of panic that we witnessed on Wall Street on Wednesday was breathtaking. After a promising start to the day, the Dow Jones Industrial Average started plunging, and at the close it was down another 608 points. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Corporate America fears that a Trade War would hit supply chains in China. Something strange happened in the Empire State Manufacturing Survey released by the New York Fed this morning. The survey has two headline components: …