Despite recent hedge fund disasters and almost every economic indicator pointing to a potential stock crash, Biden’s administration has completely ignored a potential equities bubble.
At our current rate of spending, the U.S. will be unable to confront major problems in the future because we’ve already stretched ourselves too thin.
History has shown us over and over again that government ‘fixes’ just worsen the very problems government created to begin with.
What’s happening right now has nothing to do with hedge funds, free markets, pricing theory, or any of that. It’s another front in the major war taking place across the world: It’s the elite vs. the populists.
The Wall Street goliaths may have taken a loss greater than the GDP of Sierra Leone — and it’s not even close to being entirely tallied.
An irony fit for the first month of 2021: A trading app that touts ‘democratizing investment’ reveals it’s willing to quash the little guy to keep hedge fund giants afloat.
No matter how much Wall Street firms kowtow to the Chinese Communist Party, they will never gain the kind of market access they desire.
Goodyear’s financial downfall began long before COVID-19, causing some speculation about the company’s leadership and executives.
The struggling stock market reveals a major flaw in Democrats’ tax plan that could become law if Joe Biden wins the presidency: Mark to Market taxation of capital gains.
Because of the coronavirus bailouts, the federal deficit is now expected to be $3.7 trillion for fiscal year 2020. This is a huge drag on Americans’ earnings and retirement security.
In a record-setting day this week, the price of a barrel of crude dropped to -$37.63. Unless the price goes back above $35 quickly, our oil industry will totally collapse, and many will lose their jobs.
A week after the transactions, the economy began to take a sharp turn, and the stock market has declined about 30 percent since.
During President Trump’s press conference today, the Dow Jones hit a record one-day high. But CNN didn’t care to talk about that.
Trump declared a national emergency over the Wuhan virus Friday, invoking the Stafford Act to release additional resources to combat the outbreak.
Not only is it clear that corporate media can’t be trusted to provide accurate information about an issue of public concern, it’s clear they don’t care about public health or the economy.
President Trump’s bombastic style works a lot of the time. Coranavirus is not one of those times.
The stock market and wages are important means to an end. But though the market is booming now, conservatism doesn’t fail if it drops.
The DOW fficially reached 28,333, hitting a 10,000 point high since Trump’s triumphant Republican victory in 2016 despite doomsday predictions.
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