This is banana republic level.
"The 35-year-old was shot while trying to climb through a broken window into the Speaker’s Lobby, adjacent to the House chamber."
“I’m very attentive to that and that’s why I do think at the earliest opportunity, I think will be appropriate for us to start talking about adjusting those purchases.”
Joe Biden may not be a radical socialist, but he is doing the best imitation of one...
"We're growing this year 4-5x potential, yet the Fed is insisting on keeping interest rates near zero. That doesn't make any sense to me. That's just pushing people out on the risk curve."
“The Biden administration and President Biden have definitely exceeded expectations that progressives had...”
Democrats, Republicans, and Independents all saw sentiment rise for the second straight month...
The last time the Chicago PMI was hyperinflating, Volcker was waging a fight to the death with inflation. This time, however, it's "transitory."
...a third of 2021 is now already behind us. Does it feel like the promised return to normality for you yet?
The EU is now objecting to Apple's hefty commissions charged via the app store.
When, or if, expectations of recovery are disappointed, the market will begin to reprice itself for its intrinsic value...
...what happens when the stimmies stop?
"Exxon managed to cover its dividend for the first time since 2018, generating a modest $463 million in excess cash, plus gains from asset sales to reduce debt."
The capital gains tax increase information had been there for all to see for six months, but it took a press release to get Wall Street to sit up and take notice...
“The trouble is the asset froth that results from this -- we see asset valuations very, very stretched.”
"Fintech firms will be more difficult to get listed, including overseas and secondary listing, which is also negative for HKEx."
...as more details emerged, it appeared that the crush had started after some celebrants slipped on stone steps leading into a narrow passageway with a metal floored slope, setting off what one website described as a "human avalanche".
The Everything Bubble is a grand illusion, money is growing more plentiful, credit more available. Asset prices are not really rising; it is the value of money which is being systematically undermined...
“Our phone is ringing off the hook. We’re trying to hire more people. We haven’t seen anything like this since the Nasdaq bubble in ’99..."
