But don’t expect Democrats to ever extend their reasons for hating police unions over to teachers, for the simple reason that teachers’ unions dump far more money on Democrats than police unions...
Assets fell by $25 billion to $138 billion at the end of April from $163 billion at the end of February, according to a May 29 filing first noticed by Bloomberg.
Rumors are making rounds the Chinese central bank stores gold at the Federal Reserve Bank of New York. If true, this would be crucial in the trade war between the U.S. and China.
A measure of retail sales ex-autos – using credit card spending data - is roughly flat on a yoy basis, surging 8.9% mom SA in May, and bringing the 3-month average into positive territory at 0.2%.
Senior editor Ash Bennington joins Real Vision managing editor Ed Harrison to discuss a day of "risk on risk off" on Wall Street. Ed maps out a new paradigm he…
"Given the current low-yield and low-growth environment, there are only a few asset classes with a long-term expected return clearing the 7 per cent hurdle. Private assets clearly stand out."
For the last several years, Robo-advisors have been touted as the “holy grail” of investing. Unfortunately, the first major review reveals they all failed their first big test of benchmark performance...
...the Fed has stepped up its interventionism is that it fears a collapse of the giant credit bubble it has fostered. The problem with this is that malinvested capital is never fully liquidated or redeployed...
According to Morgan Stanley there is absolutely nothing to worry about. In fact, any bad news is just a reason to buy even more stocks... just as Jerome Powell has ordained.
