By: Stefan Gleason The Nasdaq composite enters this week’s trading down over 10% in the month of October. For what it’s worth, market technicians consider a 10% pullback an official “correction.” So far it’s just that – a correction. It may therefore be a bit premature to carve the stock market’s tombstone. But investors should […]
Archives for October 2018
LOL: Hillary Clinton hints at 2020 run
Hillary Clinton, the woman who will never be president, is dying to be president. After an epic loss a couple of years ago that caused her to reportedly shout profanity and break stuff, Clinton has mastered her nose breathing and might run for the third time in 2020. Speaking in an interview with Recode’s Kara […]
Is Donald Trump right about the Federal Reserve?
By: Thorsten Pollet President Donald J. Trump has taken on the Federal Reserve (Fed), saying that Fed chairman Jerome H. Powell is threatening US economic growth by further raising interest rates. Mainstream economists, the financial press and even some politicians react with indignation: the president’s comments undermine the Fed’s political independence, potentially endangering the confidence in […]
HYPOCRISY: When will companies pull support from Twitter, Facebook?
So, after it was revealed that Robert Bowers, the alleged mass murderer in Pittsburgh, was an avid user of Gab, the social media outlet that does not ban speech, the establishment went after the website. A web hosting service ended its relationship with Gab, PayPal banned the social network, and there are reports that investors […]
Week in Review: October 22 to October 28
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: The Economist: ‘When all job differences are accounted for, the pay gap almost disappears’ LOL: Ocasio-Cortez says global warming poses same threat as Nazi Germany Ron Paul: What […]