Today was a good day for President Trump and First Lady Melania Trump. They rang the opening bell on NY Stock Exchange while Time Magazine named him Person of the Year…
How Pfizer Blew Up…
Why the Blue Chip pharma stock lost half its market cap this year…
$100B Wiped Off U.S. Banking System in SINGLE DAY…Bloodbath on Wall Street Saw Regional Banks Fall by Nearly 60% and the Big Four Drawn Into SVB’s Collapse Contagion…
More than $100 billion was wiped off US banks’ value today in a bloodbath on Wall Street sparked by the collapse of Silicon Valley Bank…
Nowhere to Hide: The Fed-Induced Bubble in Stocks and Bonds Is Blowing Up; Even the Typical Safe Havens of Gold and T-Notes Are Losing Money…
The corrupt political backdrop for today’s unprecedented market quagmire feels like a hyperbolic trailer for a low-budget sci-fi thriller: The former president of the only remaining superpower in the world has been charged with “staggering” frauds against banks – the ones he just deregulated as president…
Bonds on Track for Worst Year Since ’49 with No End in Site…
Losses in government bonds at the highest level since 1920s…
U.S. Mega Banks Were Sitting on $6.56 Billion of Chinese Education Stocks That China Just Eviscerated…
According to their latest 13F form filings with the Securities and Exchange Commission, as of March 31, 2021 the U.S. mega banks on Wall Street held a staggering $6.56 billion in three Chinese education stocks that just had their business model put through a shredder by the Chinese Communist Party…
NYSE Chief Warns It May Leave New York If Stock Transfer Tax Is Imposed…
The idea of a new transaction tax seems to have little support with the governor’s office…
Another Crappy Day for the Market: Dow Tumbles 900 Points…
Stocks attempted to rally on Friday, but failed, concluding one of the most volatile weeks on Wall Street ever as investors grapple with mounting fears over the coronavirus’ economic blow. The Dow Jones Industrial Average closed 913.21 points lower, or more than 4%, at 19,173.98 after rallying more than 400 points earlier in the day. […]
Weak 2019 Earnings Growth Paves the Way for Strong 2020 Earnings Picture, Boosting Stocks…
Earnings in 2019 are setting a low bar to clear in 2020, paving the way for stocks to continue their record-setting rally, according to Wall Street strategists. Third-quarter earnings are slated to see a 2.4% drop from last year’s third quarter, according to DataTrek Research. The first and second quarter saw 0.4% declines in earnings […]
Dow Plunges More Than 600 on Worsening U.S.-China Trade Brawl…
U.S. stocks plunged Friday, with the Dow Jones Industrial Average dropping more than 600 points as President Trump vowed to retaliate against China’s fresh round of tariffs on some U.S. goods beginning as early as Sept. 1. The sell-off — which at one point saw the blue-chip Dow down more than 700 points — left […]
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