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The Best in Alternative News

Dow, S&P 500, Nasdaq Hit New Records…

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U.S. stocks traded higher on Wednesday lifting the Dow Jones Industrials, the S&P 500 and the Nasdaq to new records as financial markets closed early for the July 4th holiday. President Trump celebrated the milestone tweeting a “congratulations!” noting the 19 percent annual gain for the broadest measure of stocks. Investors are now betting on […]

The Wolves Have Turned on Each Other on Wall Street…

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Some decades back, the late MIT economist Lester Thurow wrote this: “Essentially, the economic problem is like that of the wolf and the caribou. If the wolves eat all the caribou, the wolves also vanish.” What Thurow did not take into consideration is that if the wolf pack is large enough, it can survive for […]

Here’s What Will Drive Oil Prices After Trump’s Iran Decision…

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So far, so good for investors. Wall Street isn’t sweating President Donald Trump’s decision to withdraw the U.S. from the Iran nuclear agreement and reimpose sanctions on Tehran. But will the calm hold? Much will depend on the reaction by Iran as well as by other participants in the multilateral agreement that was designed to […]

U.S. Stocks Rebound…

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U.S. stocks rose on Thursday, with major indexes on track to snap a multiday skid, following upbeat data on the labor market which may have momentarily offset jitters over inflation and rising bond yields. The Dow Jones Industrial Average DJIA, +0.77% gained 324 points, or 1.3%, to 25,122. The S&P 500 SPX, +0.33% added 26 […]

U.S. Stocks Snap Selling Spree to Close Higher in Volatile Trading…

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The U.S. stock market halted its death spiral to close higher Tuesday after a wild day of trading that saw the Dow ricocheting more than 1,000 points, underscoring a new regime of volatility on Wall Street. The turnaround, which follows on the heels of the blue-chip index’s worst one-day point decline on Monday, helped to […]

Thanks to the Incessant, Unhinged Russian/Trump Fear Porn/Fake News Dow Plunges 372 Points…

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The wolves are circling, and members of Congress from both political parties are now openly talking about impeaching President Trump. On Wednesday, speculation of a looming Trump impeachment sent stocks plunging. The Dow was down 372 points, and the S&P 500 and the Nasdaq both experienced their largest declines in eight months. This downturn was […]

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