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Dow Adds 1,167 Points as Trump Talks Economic Initiatives…

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U.S. equity markets ebbed and flowed on Tuesday before breaking away with the Dow Jones Industrial Average adding over 1,167 points clawing back from a deficit. The Dow’s point gain was the third-best on record. The S&P 500 and Nasdaq Composite also rallied tacking on nearly 5 percent. Investors were encouraged after President Trump backed […]

There Was a Bloodbath in Wall Street Banks and Insurers Yesterday…

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President Donald Trump is bringing a pea shooter to a gunfight. If you look carefully at the charts on this page from yesterday’s trading bloodbath, it’s clear that there is a deep financial crisis playing out. The idea that this can be remedied with a payroll tax cut is the stuff of tooth fairies. And […]

UK’s Health Minister Nadine Dorries Tests Positive for COVID-19…

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Health minister Nadine Dorries has tested positive for coronavirus and is self-isolating. She is the first MP in the UK to be diagnosed with COVID-19, as the virus spread further on Tuesday. A sixth person in the country has died and the total number of confirmed cases is 382 – up by 54 in the […]

Joe Biden: Father of the Drug War’s Asset Forfeiture Program…

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In 1991, Maui police officers showed up at the home of Frances and Joseph Lopes. One officer showed his badge and said, “Let’s go into the house, and we will explain things to you.” Once he was inside, the explanation was simple: “We’re taking the house.” The Lopses were far from wealthy. They worked on […]

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