Sharing is Caring! by AmericanQue I have a feeling there’s gonna be more “I told you so’s” coming… New York Supreme Court strikes down governor’s mask mandate for schools and public areas Justice Thomas Rademaker drops the hammer: New York’s mask mandate is “unconstitutional.” pic.twitter.com/3DaIxRoswX — Disclose.tv (@disclosetv) January 25, 2022
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Sharing is Caring! Guest Post by David Stockman Washington’s hypocritical and tendentious accusations against Russia’s reabsorption of Crimea imply that the dead hand of the Soviet presidium must be defended at all costs — as if the security of North Dakota depended upon it! The allegedly “occupied” territory of Crimea, in fact, was actually purchased
In this article TSLA WYNN GM COIN Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant fell 2.6% after Jefferies downgraded the stock to hold from buy and said the company may need to shift its focus to video
Sharing is Caring! by confoundedinterest17 The stock market has never started a year falling as quickly as it is now. The S&P 500 has dropped 11% — heading into correction territory — in the first 16 trading days of 2022 in its worst-ever start to a year, according to Bloomberg data that goes back over nine
Take a look at some of the biggest movers in the premarket: Kohl’s (KSS) – Kohl’s soared 27.3% in premarket trading as takeover interest in the retailer ramps up. Starboard-backed Acacia Research is offering $64 per share for Kohl’s, compared to Friday’s close of $46.84 a share. People familiar with the matter say private-equity firm
Sharing is Caring! Stocks took it on the chin last week, slicing through critical support at 4,480 on the S&P 500. All told, this sell-off has erased six months’ worth of gains bringing stocks back to the levels of last August 2021. The big question for investors this week is: where do we go from
Sharing is Caring! by Michael Snyder What would our country look like if an epic market crash suddenly wiped out 35 trillion dollars in financial wealth? You may not want to think about something so horrible, but we are being warned that it could soon happen. Stock prices have been falling for three weeks in
Sharing is Caring! by confoundedinterest17 It has been a tough 7 days for Bitcoin, Ethereum and the NASDAQ composite index as The Fed is anticipated to raise their target rate AND engage in quantitative tightening. While the NASDAQ composite index has been deflating over past 7 days, Bitcoin and Ethereum plunged in recent days. What
Sharing is Caring! by David Haggith Forget bond pricing as a way of gauging what inflation is going to do. The Fed is still buying the lion’s share of the bond market. So, while bonds have begun pricing in inflation, they have a lot more to price in over the next couple of months as the
Sharing is Caring! Via The International Man Editor’s Note: Longtime readers may be familiar with Nick Giambruno. Nick has worked closely with Doug Casey for many years and was previously Editor in Chief here at International Man. He’s known for spotting Big Picture geopolitical and economic trends ahead of the crowd and seeing crises before they
In this article DIS PTON NFLX INTC Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21.7%, on pace for their worst day since July 2012. The steep sell-off came after Netflix admitted that streaming competition
Sharing is Caring! by confoundedinterest17 For Bitcoin, there’s only been one constant recently: decline after decline after decline. And the superlatives have piled up really quickly. With the Federal Reserve intending to withdraw stimulus from the market, riskier assets the world over have suffered. Bitcoin, the largest digital asset, lost as much as 8.7% Friday and
Traders on the floor at the NYSE, Jan. 13, 2022. Source: NYSE Market turbulence is likely to continue in the week ahead as the Federal Reserve meets and the biggest of big tech —Apple and Microsoft — report earnings. Stocks on Friday closed out their worst week since 2020, with big losses in technology and
In this article ISRG CSX SLB NFLX PTON PPG Check out the companies making headlines before the bell: Schlumberger (SLB) – The oilfield services company’s stock rose 1% in the premarket after it beat top and bottom-line estimates for the fourth quarter. Schlumberger earned an adjusted 41 cents per share, 2 cents above estimates, as
Sharing is Caring! by Martin Armstrong Fauci had a lucrative year in 2020. Despite forcing countless businesses to close and causing the unemployment rate to soar to a historic level, Fauci found a way to make the first year of the pandemic a profitable one. The Fauci household’s net worth now exceeds $10.4 million, likely
People walk in front of the entrance of the five-star Paris Marriott Hotel. Fred Dufour | AFP | Getty Images Check out the companies making headlines in midday trading. Peloton — The at-home fitness company’s shares tumbled 23.93% after the stationary bike maker announced it will temporarily halt production of its bikes and treadmills due
Sharing is Caring! by Chris Black Biden does not plan to respond to Russia by sending troops to Ukraine even in the event of a Russian invasion of its territory, writes the Associated Press. The reason for not engaging directly in the Russian-Ukrainian war is simple: the United States has no treaty obligations to Ukraine,
In this article CSX NFLX ISRG PPG In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after-hours trading: Netflix — Netflix shares dropped 19% in extended trading after the company’s
Sharing is Caring! [embedded content] Biden’s dark winter is approaching. Energy prices + labor shortages + government printing of trillions in money are driving inflation. Global supply chains previously strained by shutdowns are now reaching a breaking point. Vax mandates create labor shortages reducing product and transport availability further increasing costs ultimately passed on to
In this article UAL TRV AAL SIG F RF Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue also beating analyst forecasts. Travelers benefited from stronger results in investment income and underwriting, and
Sharing is Caring! by David Haggith The Everything Bubble is bursting, and the Fed has barely even begun its war on inflation. Many top stocks are already in their own bear markets. Nvidia, way off its game, has lost 25% of its value from its last high score. The ridiculously skyrocketing Tesla has plunged back
Sharing is Caring! by Michael Snyder Death is in the air. Unless you have been living in a cave for the past 12 months, you already know that this is true. Old people are dying, young people are dying, famous people are dying, and countless hard working Americans that make up the backbone of our
In this article USB PG UNH STT MS SOFI Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines in midday trading. SoFi – Shares of the mobile financial services company surged 13.7% after
Sharing is Caring! by confoundedinterest17 Massive Federal stimulus (both fiscal and monetary) have led to bidding wars among the wealthiest Americans. Despite clamoring for The Fed to increase rates and speed-up the shrinking of The Fed’s balance sheet, nothing has happened … yet. (Bloomberg) — Home buyers willing to spend almost a $1 million are competing
In this article 6758.T-JP ADS BAC UNH MS PG Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images Rising bond yields could keep a choke hold on tech and growth stocks for now, as investors bet the Federal Reserve will raise interest rates four or more
Sharing is Caring! by Michael Snyder Over the past couple of years, we have been hit by one thing after another. Whenever it seems like things may be calming down, another crisis suddenly erupts, and as a result a lot of Americans have developed a really bad case of “crisis fatigue” at this point. According
A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Activision Blizzard — The
Sharing is Caring! by Martin Armstrong The Korea Economic Research Institute (KERI) believes that the youth born after 1990 will be unable to claim their pensions as the current system is close to collapsing. South Koreans may claim their pensions at the age of 62, which is about three years earlier than other G5 nations.
In this article CSG.N-CH BABA ME CTXS GS GPS Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company’s cloud unit to see if it poses a risk to US national security. The probe
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