A hub for independent voices and hard truths
We are really in the matrix now. The BOJ is the only major CB that buys stock funds (officially anyway) as part of monetary easing to achieve an inflation target. They are considering ditching this policy! Not bonds. I mean, they aren't THAT crazy.👊https://t.co/HCC6bBXoPz — Samantha LaDuc (@SamanthaLaDuc) March 13, …
“American billionaires are selling stocks by the boatload – sparking fears of an impending financial disaster. Jeff Bezos – the third-richest man behind Louis Vuitton’s Bernard Arnaut and Elon Musk – unloaded $8.5billion in Amazon shares this month alone. Mark Zuckerberg – the fourth-richest – sold about 1.4 million Meta …
Economists and analysts have raised concerns about the current state of financial markets. Just a month ago, experts started noticing similarities between today’s market and the periods before the dot-com crash in 2000 and the economic downturn in 2008. They pointed out that the stock market was soaring to new …
"Today’s multiple of 25x normalized earnings implies +2.6%/yr annualized returns over the next decade based on the historical relationship." – BofA Savita pic.twitter.com/6EojH5JtYl — Daily Chartbook (@dailychartbook) March 6, 2024 As the market soars to new heights, whispers of caution are surfacing, and a recent warning from BofA’s Savita suggests …
via Egon von Greyerz In this critically important Gold Matters discussion, VON GREYERZ principals, Egon von Greyerz and Matthew Piepenburg, place the enormous risks of the current U.S. equity bubble within the much-needed context of unprecedented global economic factors. Egon opens the discussion with a brief review of the unprecedented …
Newmont CEO on Share Buybacks, Copper Projects Newmont Corp. CEO Tom Palmer says the company's stock is at a once-in-a-generational price. He also says there are very big copper and gold projects on the way.$NEMhttps://t.co/VJrKk0HeOZ — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) February 28, 2024 You already see the …
(Bloomberg) — Chinese hedge funds were looking forward to a holiday break from the market turmoil when trouble started brewing last month. One manager had his short-selling orders abruptly rejected by brokers. Another was cut off from the stock market completely. Regulators turned up on trading floors at multiple funds …
The return of America to the moon went sideways, literally, after hectic hacking on Thursday saved the landing from being a disaster. As a result, even though many celebrated the return of America’s first moon landing since 1972, the stock in the company that made the lunar lander Odysseus dropped …
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family sold $150 million worth of the bank’s stock, following through on last year’s announcement that he would begin selling shares for the first time since taking the helm 18 years ago. Dimon and his family sold about 822,000 …
by Chris Black You can’t own a slice of a stock. ETFs don’t grant ownership of anything. When an online Fintech says you own a piece of Bitcoin, you really don’t. A real share of stock requires signat… Continue reading by subscribing. Username Password Remember Me Forgot Password
"Nvidia is worth more than China's entire stock market"pic.twitter.com/PJ5bV4yUM1 https://t.co/q8b79X2uZX — Financelot (@FinanceLancelot) February 23, 2024 It's a sad fact of markets that at key tops, most traders get stopped out before the big move begins. Now is no exception. Today, Nasdaq breadth was negative as I alluded to this …
Nvidia’s stock pops 16% to spur biggest one-day gain in market capitalization by any U.S. company It’s a testament to Nvidia Corp.’s blockbuster run over the past year that Wall Street is, in a way, looking past eye-popping metrics like a quintupling of data-center revenue in the latest quarter. Investors …
In 2021, Bezos, Musk, and Zuckerberg unloaded $42.9 billion worth of stock in December They top ticked the market Now they’re selling heavily again, with Bezos and Zuckerberg offloading $10 billion the past month What do you think will happen this time? pic.twitter.com/ggBOlpUd3M — Insider Tracker (@TrackInsiders_) February 21, 2024 …
ELYRIA TOWNSHIP, Ohio (WJW) – The list of local communities asking residents to ‘stay home’ during the upcoming Total Solar Eclipse is growing. Elyria Township in Lorain County posted a message on its website telling residents that while the rare phenomenon is expected to last only a few minutes, the area is anticipating an …
Japan’s gross domestic product shrank by 0.4% in the last quarter of 2023, the Japanese Cabinet Office said — far below the 1.4% growth estimate. This followed a third quarter of 2023 in which GDP growth shrank by 3.3%. Most economists officially define a recession as “two consecutive quarters of …
Key Takeaways Roku, which went public in 2017, saw its stock close at $72 Friday after closing at $94.50 per share Thursday. Roku’s stock drop Friday was a continuation of an after-hours plunge it experienced Thursday, when it said it expected roughly $370 million in total gross profit for the …
Like many Chinese people, Jacky hoped that he could make enough money investing in China’s stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing …
At the start of the year, people thought there would be rate cuts, but now that’s not so sure. Wage growth is still high, making 2% inflation doubtful. Stocks seem tired, adding more uncertainty to the mix. There are only three certainties in life, death, taxes and markets being wrong …
This video dives into the heart of the Hong Kong crisis as China’s stocks hit record lows, wiping out $6 trillion. It uncovers the complex factors, from a selloff in stocks to real estate woes, triggering a market chaos. Discover the human stories behind the numbers, with families, businesses, and …
In a startling turn of events, China’s stock market faces unprecedented turmoil as nearly 30% of all stocks come to a grinding halt, with small caps limited down in an alarming 8% freefall within a matter of hours. This financial upheaval sparks concerns, hinting at an impending storm in the …
(Bloomberg) — Federal Reserve Chair Jerome Powell will appear on CBS News’s 60 Minutes this Sunday and will discuss inflation risks, expected rate cuts and the banking system, among other topics, the network said. CBS announced his appearance on the social media platform X on Thursday, the same day that …
Tesla is recalling almost 2.2 million vehicles — nearly all of the cars that it has sold in the U.S. — because the font size is too small on its instrument panel for its brake, park and antilock brake system warning lights. That makes the lights hard to read, increase …
Zuckerberg is building his secret fortress in Hawaii. Sustainable food sources, underground bunkers, treetop expierences for guests – on land stolen from Indigenous Hawaiians, bought under shell companies. People working on the project are sworn to secrecy with nondisclosure agreements. Fired for discussing what they do at work. It was …
Volvo Car said it won’t provide further funding to Polestar, the electric-car maker it created with Volvo’s Chinese owner Geely—the latest EV retrenchment by the global auto industry. The auto industry’s pivot to electric vehicles has been rocked by setbacks this year, just as a flood of new battery-powered models …
Apple reported fiscal first-quarter earnings Thursday that beat estimates for revenue and earnings, but it showed a 13% decline in sales in China, one of its most important markets. Apple shares fell more than 4% in extended trading after management provided some details about outlook for the current quarter that …
In a financial spectacle, the Magnificent 7 stocks now wield a market cap larger than the entire stock market of any country, excluding the U.S., as per Factset. The dominance of these tech giants within the S&P index is unmistakable, and projections indicate that this gap will persist in the …
This is deeply concerning! New York Community Bank’s 40% stock drop, dividend cut, and unexpected loss signal potential trouble. Small banks remain vulnerable, especially with the looming Fed’s emergency loan program expiration. Many of these small banks hold tons of exposure to commercial real estate loans. 70% of all CRE …
Tesla, the electric vehicle giant, faces headwinds as it misses fourth-quarter estimates, reporting weaker-than-expected auto revenue. Despite a 3% growth in total revenue, automotive revenue saw a mere 1% increase from the previous year. The company warns of potentially lower vehicle volume growth in 2024, signaling a cautious outlook for …
