Stock Market

Via Birch Gold If Social Security were one of your private investments, instead of an entitlement, you might actually look for other options. Here’s why. Nominal Interest Rates On Special Issues in APY. From the Office of the Chief Actuary, Social Security Administration. Since 2000, the Social Security Trust Fund has consistently been earning a lower
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by Martin Armstrong While the general overview of this market by most technicians has been bearish simply based upon how high the market has risen, we are also in an interesting position where the fiction of vaccines is providing some underlying support. Based upon RELIABLE sources, this entire Build Back Better motto and a scheme
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by visualcapitalist When we think about the richest people in America, individual names often come to mind like Elon Musk, Jeff Bezos, and Bill Gates. But often, it’s the the richest families in America that hold a deeper legacy, and sometimes, even deeper pockets. The country’s 50 richest families hold a collective wealth of $1.2 trillion. This ranking goes
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by Lance Roberts Could a “transaction tax” be a good thing? I recently discussed why “Free, Isn’t Really Free” regarding the retail investor. While “free trades” have certainly reduced the transaction costs, the selling of data to the highest bidder has likely cost investors more than they saved. To wit: “As is clear from the billions paid for order flow and
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Shares of Science Applications International Corporation fell 11.1% in Thursday’s extended trading session after the company reported 4Q revenues that fell short of analysts’ expectations. Furthermore, the consulting services provider’s FY22 outlook also missed the Street’s estimates. Science Applications (SAIC) reported revenues of $1.72 billion, which missed analysts’ estimates of $1.78 billion. However, top-line results
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by Charles Hugh-Smith Borrowing a quarter of the nation’s entire economic output every year to prop up an ineffective, corrupt status quo is putting a Band-Aid over a tumor. If we misdiagnose the disease, our treatment won’t work. We’re all familiar with medical misdiagnoses, which lead to procedures and prescriptions that can’t possibly fix the patient’s
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Wedbush analyst Michael Pachter’s latest assessment of GameStop (GME) is something of a double-edged sword. Following the headline-hogging game retailer’s latest quarterly results, the analyst was full of praise for the company’s top brass. “GameStop has navigated an exceedingly difficult competitive environment and has managed to reduce its net debt from a balance of over
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by confoundedinterest17 Freddie Mac’s 30-year mortgage commitment rate keeps on rising. Now to 3.17%. This is happening at the 10-year Treasury yield continues to climb. Note that interest rate volatilty (SRVIX) surged and remains elevated compared to equity volatility (VIX). (Bloomberg) — Federal Reserve Chair Jerome Powell​ said the U.S. central bank would wait until the economy has
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Shares of Darden Restaurants jumped almost 4% in early trade on Thursday after the restaurant company posted better-than-expected fiscal 3Q results. Darden’s (DRI) 3Q earnings of $0.98 per share plunged 48.4% on a year-over-year basis but outpaced Street estimates of $0.69 per share. Total sales of $1.73 billion topped analysts’ expectations of $1.63 billion. However,
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Authored by David Stockman via Contra Corner blog, If you want to understand why we are heading for a financial Gotterdammerung, just consider the specious nonsense and mendacious cant that issued from JayPo’s post-meeting presser last week. It’s all the worse because this drivel is not just his opinion – it embodies the oppressive groupthink of
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Shares of Evolus fell 10.4% in Wednesday’s extended trading session after the performance beauty company reported a wider-than-expected loss for 4Q. Evolus (EOLS) posted a GAAP net loss of $3.28 per share which is significantly higher than the Street’s estimates of a $0.34 loss per share. 4Q revenues of $20.6 million surpassed analysts’ expectations of
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The Trade Desk (TTD) had a banner year in 2020, together with most tech stocks. The global technology company saw its share price soar as earnings doubled, but there is now some concern as to whether TTD stock can push any higher. Since hitting all-time highs of $972.80 in December 2020, TTD has fallen around
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