September 18, 2023
“…Large auto makers are losing huge money on the EV transition that is essentially being forced down their throats by worldwide governments. Consider this: before any new contract with the UAW, Ford’s EV unit was slated to lose $4.5 billion… Continue Reading…
August 30, 2023
“Britain’s broad money supply has stopped growing for the first time in at least 13 years, a reading that will deepen concerns among monetarists urging the Bank of England to show restraint in its battle against inflation… King warned in… Continue Reading…
July 21, 2023
“American Express saw its profit and revenue climb in the second quarter and credit card use is rising, but the company’s stock slipped before the market open as it set aside more money for possible defaults on payments. The card… Continue Reading…
June 22, 2023
“…Many people don’t love the idea of financially benefiting from companies whose goals, policies, or methods they strongly disagree with. But boycotting a company’s stocks doesn’t work the same way as boycotting its products…” https://www.cnbc.com/2023/06/22/how-to-move-beyond-esg-funds-and-make-a-real-impact-with-your-money-financial-expert-.html Not in love? They hate it. Also… Continue Reading…
March 28, 2023
“In less than a week, the U.S. banking system has suffered two of the largest collapses in American history. Regulators shut down Silicon Valley Bank on Friday after customers rushed to withdraw their money as fears rose about the bank’s… Continue Reading…
February 2, 2023
“The debt limit standoff between Republicans and Democrats has elevated questions about creative solutions for averting a crisis, including one that at first blush might seem unthinkable: Could minting a $1 trillion platinum coin make the whole problem go away? What was… Continue Reading…
January 13, 2023
“Citigroup said fourth-quarter net income decreased by more than 21% from a year ago as the bank set aside more money for potential credit losses. Shares were up 0.74% as investors looked to some positives in the report including a record… Continue Reading…
January 11, 2023
“EDITOR’S NOTE: It’s interesting to see common optimism floating around on Wall Street as mainstream financial media often represents it. It certainly makes you wonder if this is truly the case, as any investor, from retail to professional, can simply look “under… Continue Reading…
November 11, 2022
“Since 1990, the Ontario Teachers Pension Plan has managed hundreds of billions of dollars in assets for nearly 200,000 education workers, holding stakes in traditional investments from airports to shopping centers. The Canadian pension fund is just one of many… Continue Reading…
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