The last trade you took destroyed you. It’s game over. That, or just another string of losses accelerating your drive to financial ruin. Funny thing is that you can’t seem to explain what happened, no matter how obvious or simple it was. A dumb kind of simple. But you...
Source: New York Times “The stock market is off to its best start since 1987, but these investors are expected to dump hundreds of billions of dollars of shares this year. So who is pushing prices higher? In part, the companies themselves. American corporations...
Source: Bloomberg “The so-called Green New Deal may tally between $51 trillion and $93 trillion over 10-years, concludes American Action Forum, which is run by Douglas Holtz-Eakin, who directed the non-partisan CBO from from 2003 to 2005. That includes between...
Source: Charles Hugh Smith Blog “There are two generalities that can be applied to all asset bubbles: 1. Bubbles inflate for longer and reach higher levels than most pre-bubble analysts expected. 2. All bubbles burst, despite mantra-like claims that ‘this...
Source: Wall Street Journal “President Trump said Sunday he would delay an increase in tariffs on Chinese goods set to take effect at the end of this week, citing ‘substantial progress’ on issues including intellectual property and technology...
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