AOC Turns on Pelosi, wants Ban on Stock Trading for Congress -‘We write major policy and have access to sensitive information’

  Alexandria Ocasio-Cortez pushed back against House Speaker Nancy Pelosi’s rejection of a ban on members of Congress from trading and holding individual stock while in office. https://www.msn.com/en-us/news/politics/aoc-pushed-back-on-nancy-pelosi-s-stance-against-banning-congressional-stock-trading-we-write-major-policy-and-have-access-to-sensitive-information/ar-AARWOQl?ocid=msedgntp What’s worse is that many who engage in these practices publicly tout …

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AMAZON Turns Negative for 2021…

Amazon.com Inc. shares fell sharply on Monday, with the e‑commerce giant falling back into negative territory for the year, as a sustained rise in Treasury yields is hurting the earnings outlook for companies with high valuations. The stock fell 2.9% …

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Seasonal Turns Arriving Early

by Tom McClellan Analysts use seasonal patterns quite frequently these days.  More computing power and more data makes the task a lot easier.  But what most of them miss is that not everything operates with annual seasonality.  Gold, for example, has …

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Kamala Turns On Joe Biden

Although Joe Biden said on Monday, during his late-coming speech on the Afghanistan situation, that “the buck stops here,” he probably should have checked with his VP first who passed the buck to him. Vice President Kamala Harris reportedly did not …

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Interventionism Turns Crisis into Depression

via Mark Thornton: Austrian economists have a well-developed theory that explains the boom, bubble, bust, and recovery. A good introduction to the Austrian theory of the business cycle can be found in Larry Sechrest’s article “Explaining Malinvestment and Overinvestment.” Larry wrote the …

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