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Economy, Predictions, Opinions, & Comments, Stocks

Now They’re Scared: “The Fed warns of social media ‘echo chambers’ that pump up meme stocks.”

“…“To date, the broad financial stability implications of changes in retail equity investor characteristics and behaviors have been limited,” the Fed said. The central bank specifically assessed what happened to shares of AMC Entertainment and GameStop in January, noting that activity and… Continue Reading…

Business

“Job scams surged 118% in 2023, aided by AI. Here’s how to stop them”

“… …” https://www.cnbc.com/2024/07/07/job-scams-surged-118percent-in-2023-aided-by-ai-heres-how-to-stop-them.html How do you stop scams? Meet the people in person. This lowers risk dramatically. Scams are far less likely to happen when you’re in strangling range of the scammer. I don’t recommend violence. I’m just stating the… Continue Reading…

Stocks

“AMC buy imbalance 9,831,233 Only fraud and corruption stopping AMC from going to the moon SEC DOJ?”

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.

Business, Stocks

“Whistleblower says Boeing should stop production of 787 Dreamliner due to safety issue”

“A Boeing engineer-turned-whistleblower who contends that the aerospace giant’s 787 Dreamliner is unsafe to fly due to assembly flaws doubled down on his claims Tuesday, saying that the plane could fall apart and “drop to the ground” midflight unless the… Continue Reading…

Business

“Volvo shares jump 26% on higher sales, plans to stop Polestar funding”

“Volvo Cars shares surged more than 26% on Thursday after the Swedish automaker announced it will stop funding subsidiary Polestar Automotive. The group announced it may hand stewardship of ailing luxury car brand Polestar over to majority Volvo shareholder, China’s Geely Holding,… Continue Reading…

Precious Metals

“Gold price hits $2,100 for record high — and analysts don’t expect it to stop there”

“Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday evening in New York, setting… Continue Reading…

Banking, Economy

“UK Money Supply Stops Growing in Possible Recession Warning”

“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…

Business, Energy

“This Really Needs To Stop’: Elon Musk Just Slammed Ireland’s Plans To Slaughter 200K Cows For Climate Change…”

“Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of… Continue Reading…

Business

“Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard”

“Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard. The measure marks a major blow for the U.S. tech giant, as it seeks to convince authorities that the deal will benefit competition.… Continue Reading…

Banking

“US government moves to stop potential banking crisis”

“The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors at the failed institution that they could access all their money quickly, even as another major… Continue Reading…