Wells Fargo has led the sector when it comes to massive scandals and botching Small Business Relief Loans - so why not lead the way when it comes to announcing massive layoffs?
All those who believe the 'privatized totalitarianism' of Big Tech 'platform plantations' are 'capitalism' have been brainwashed into servitude by Big Tech's pretense of capitalism...
What matters, in terms of achieving long-term investment success, is not necessarily being “right” during the first half of the cycle, but by not being “wrong” during the second half...
Japan was supposed to welcome an unprecedented number of Olympic fans from all around the world just about now, but the pandemic has turned everything upside down.
The expiration of the $600/week benefit will be a big hit to income and adversely affect economic growth. It's already crushing spending by unemployed Americans.
Real Vision CEO Raoul Pal is joined by senior editor Ash Bennington to reflect on the future of markets at this unique juncture. Raoul begins by giving Ash a…
"If Fed confirms "peak liquidity" at Aug 27th Jackson Hole & Sept 16th FOMC then "peak policy" correction in risk assets occurs... and if not, speculative further continues."
At the start of August, the median S&P 500 stock had outstanding short interest equating to just 1.8% of market cap, the lowest level in Goldman's 16-year data history.
With each passing day, the failure of Congress and the Administration to reach a deal on extending fiscal stimulus creates a bigger and bigger hole in consumer cash flow. So far investors have brushed off the stalemate. But that’s a mistake.