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Finance

Latest News

Joe_Biden_Kamala_Harris

May 11, 2021 at 7:23 pm

It’s Only Been 4 Months: JoeBama Shuts Down Keystone Pipeline, Gas Prices Are Highest in 6 Years, Gas Stations Are Out of Gas, and Now Gas Lines Seen in Several States…

On Joe Biden’s first day in office, he shut down construction of the Keystone Pipeline. Canceling the Keystone Pipeline costs over 11,000 construction jobs and 42,100 jobs throughout the US during the construction process…

Businesses_Seeking_Workers_Coronavirus

May 7, 2021 at 9:22 pm

Why No One Needs to Work in Biden’s America: Experts Project Anyone Who Earned $32,000 Before Covid Could Now Earn MORE in Benefits Staying at Home…

The average weekly unemployment benefit is now $638 – $300 more than what it was 2019…That means people are earning around $16-an-hour – more than double minimum wage which is at least $7.25 across America…It is creating a nightmare scenario for the economy; businesses are desperate to recover from the pandemic but they can’t fill their jobs…

MEMX

May 5, 2021 at 8:09 pm

Shhh! Don’t Tell Congress that the Cabal It’s Investigating Over GameStop and Archegos Quietly Got SEC Approval to Jointly Run their Own Stock Exchange…

The implosion of the Archegos Capital Management family office hedge fund in March, which has generated losses of more than $10 billion thus far at global systemically important banks, will likely be a key topic when the Senate Banking and House Financial Services Committees haul Wall Street bank CEOs to hearings on May 26 and 27, respectively…

Kamala_Harris_Joe_Biden

May 3, 2021 at 8:09 pm

THREAD: JoeBama’s Long List of Tax Increases…

President @JoeBiden is out this morning with a monster list of tax increases. Here they are in a thread for your convenience. 1/…

money

May 3, 2021 at 7:19 pm

Liquidity Tsunami Ends With a Bang: Treasury Expects Just $100BN in Cash Injections Next 2 Months…

Three months ago, the Treasury surprised markets when in its quarterly borrowing forecast, it revealed that in the first calendar quarter of 2021, it wouldn’t need to borrow as much debt as it had recently because the Treasury’s cash balance (held in the Treasury General Account, or TGA, which is simply the Treasury’s cash balance held at the Fed) would plunge to just $800 billion, down a record $929BN from $1.729 trillion at Dec 31, 2020…

Price_Changes_Consumer_Goods

April 30, 2021 at 7:31 pm

Federal Reserve Will Support JoeBama Economic Agenda by Allowing Rapid Inflation, Diminished U.S. Worker Purchasing Power and Pain Upon Middle Class…

The federal reserve has announced they will support the economic agenda of the Biden administration by allowing rapid inflation. The FED is trying to provide cover for JoeBama’s economic plan. The era when the FED could impact inflation is long past. However, the Joe Biden policy impact will be clear, immediate and concise. The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products…

April 30, 2021 at 4:41 pm

White Farmers Sue JoeBama Administration, Say Covid Debt Relief Program for Only Farmers of Color Is Discriminatory…ALL Taxpayers Are Paying for This, Right?…

White farmers in four Midwestern states and a conservative law firm are suing the Biden administration over a loan forgiveness program that provides relief to agriculture producers of color…

Revolving_Door_K_Streets

April 29, 2021 at 5:56 pm

Alex Oh: The Strange Case of the SEC Enforcement Chief Who Beat a Hasty Exit After Six Days on the Job…

Less than seven hours after Wall Street On Parade ran our negative critique on SEC Chairman Gary Gensler’s pick to be the top crime fighter at his agency, Alex Young K. Oh abruptly resigned that position after just six days on the job…

Charles_de_Vaulx

April 28, 2021 at 4:44 pm

Value Investing Icon Jumps Off Manhattan Skyrscraper to His Death Days After Liquidating Fund…

Desperate analysts languishing on the bottom rung of finance’s long career ladder aren’t the only ones committing suicide anymore…

Green_Energy

April 27, 2021 at 6:33 pm

JoeBama Puts ‘Finance Legend’ Allied w/Chicom Company in Charge of Energy Loans…

This green graft industry would not exist if not for an imaginary crisis and “all-out war”. And in the “all-out-war” against the weather and the atmosphere, the first casualty is the truth. The second casualty is the economy. The third casualty is America…

Barack_Obama_Joe_Biden_Hunter_Biden

April 23, 2021 at 4:43 pm

Obamanomics vs MAGAnomics – Biden Tax Plan is Part of Intentional Effort to Force The U.S. into a Service Driven Economy, Again…

Let’s start by being intentionally direct with each other. The JoeBama tax proposals are not accidental or misguided; far from it.  The intent of Obama’s third term economic policy is to return to forced globalism and diminished U.S. middle-class prosperity…. the often mentioned “service driven economy.”…

Bridge_Collapse_Seattle_Bridge

April 22, 2021 at 9:00 pm

GOP Lawmakers Put Forward $568B Infrastructure Bill for Roads, Bridges, Public Transit, Airports and Broadband ONLY…

The GOP proposal calls for spending on roads, bridges, public transit, airports, broadband and more…

Small caps

April 22, 2021 at 7:01 pm

“Way to Go Joe!” – Bonds Bid As Biden Tax Plan Tanks Stocks…

A Bloomberg report suggesting Biden will pay for some of his “infrastructure” bill by doubling the capital gains tax for high income Americans sparked some brief unrest in US equity markets today…Nasdaq was the hardest hit on the day but we note that Small Caps were sold most after the Biden headline…

Joe_Biden_Kamala_Harris_2

April 21, 2021 at 6:37 pm

The Extraordinary Naivete of the Democrats’ Economic Planning…

There’s a charming quality to the naivete of the Dems. Do they really believe this stuff? In another story published in the Times this past week, it was reported by a scribe known to carry water for the Biden administration that even before #46 entered the Oval Office last January, “some of his closest aides were focused on a question that risked derailing his economic agenda…

Money_Down_Drain_Currency

April 15, 2021 at 6:26 pm

Trouble Ahead, Inflation Jumps More than Expected – Gasoline Prices Increase 9.1% in One Month, Year Over Year Inflation 2.6%…

The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”…

Pelosi_Family_Stock

April 14, 2021 at 7:31 pm

What a Crock!: Nancy Pelosi’s Husband Buys Microsoft Ahead of Big Govt Contract…

Nancy Pelosi’s husband made an excellent Microsoft stock market trade. Let’s check out the details…

Chamber_of_Commerce

April 12, 2021 at 6:42 pm

OPINION: The Real Reason JoeBama and the Swamp Want Higher Corporate Tax Rates…

Always remember why half of Washington wants higher tax rates and why nearly all of Washington wants a complex tax code full of loopholes, exemptions, and exceptions to exemptions: They want to force businesses and earners to seek Washington’s favor…

Coronavirus_Funeral

April 12, 2021 at 6:26 pm

Taxpayers Will Help Cover Covid-19 Funeral Costs up to $9k…

The Federal Emergency Management Agency will provide families with up to $9,000 to cover part of the costs to hold funerals for families whose loved ones died of COVID-19…

federal_spending_april_2021

April 12, 2021 at 5:48 pm

March Deficit Blowout: U.S. Spends 3.5x More Than It Brings in; YTD Deficit Is Biggest Ever…

The covid crisis may be over (with nearly 60% of the population vaccinated, one would certainly hope it’s over), but covid crisis spending is here to stay…

Anmol_A_Ambani_India

April 9, 2021 at 5:05 pm

COVID-19 Scamdemic Lockdowns Greatest Wealth Transfer in Human History…

He called the pandemic known correctly as Scamdemic and stated that the lockdowns are actually greatest wealth transfer in human history. He said it’s a coordinated, thought out set of policies designed to enable a new world order to be brought in. The perfect opportunity to usher in the fourth industrial revolution…

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