August 2, 2024
“…The workforce reduction may be announced as early as this week, according to people familiar with the company’s plans, who asked not to be identified because the information isn’t public. Intel, which is scheduled to report second-quarter earnings Thursday, has… Continue Reading…
June 29, 2024
Had to share this. At this point we have to wonder if the SEC is in on the corruption. This amount of fraud is insane.
June 4, 2024
“…All-time highs in the stock market give the impression of a runaway rally, but it’s a bull run that will eventually come crashing down, John Hussman said in a new note. The legendary bear, famed for predicting the 2000 and 2008… Continue Reading…
May 20, 2024
“…Renaissance Technologies owned 1 million shares of the video-game retailer at the end of March, a position worth $13 million at the time, its first-quarter portfolio update shows. GameStop stock was up more than 400% at its Tuesday high, briefly valuing RenTech’s… Continue Reading…
May 3, 2024
“U.S. sustainable investment funds, including ETFs, suffered their worst-ever exodus in Q1. They saw $8.8 billion in net outflows, per new data from Morningstar. Why it matters: That outflow stands in stark contrast to consistent inflows through the first quarter of… Continue Reading…
April 18, 2024
“The International Monetary Fund leveled an unusually direct criticism at US policymakers Tuesday, saying the country’s recent standout performance among advanced economies was in part driven by an unsustainable fiscal policy…” https://www.bloomberg.com/news/articles/2024-04-16/imf-steps-up-its-warning-to-us-over-ballooning-debt The U.S. has unsustainable debt. It doesn’t take a rocket… Continue Reading…
April 3, 2024
“Billionaire hedge fund manager George Soros has been the target of controversy recently after a recent move to become a controlling shareholder in the second-largest owner of radio stations in the U.S. This isn’t the first media brand Soros has… Continue Reading…
April 1, 2024
“…Lee recently told CNBC that the small-cap Russell 2000 could soar 50% this year. That implies identical upside in the Vanguard Russell 2000 ETF (NASDAQ: VTWO). What makes that forecast particularly intriguing is that some Wall Street analysts see substantial downside in the large-cap… Continue Reading…
February 1, 2024
“…The IMF estimates in its new World Economic Outlook report that the global economy will grow 3.1% this year, the same as in 2023, before rising modestly by 3.2% in 2025. The latest forecast is two-tenths of a percent higher… Continue Reading…
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