Before we go any further, let’s just get this out of the way: Slavery is wrong. It is a black eye on America’s history. Now, slavery was not only found in the United States. In fact, slavery existed long before the United States was founded. Slavery could be found throughout Asia, Africa, and South America. […]
Archives for June 2020
After 1,000% spike, Hertz tells investors they will lose their money if they buy its stock
How crazy is the stock market if a company tells investors that they will lose money if they buy their stock? Hertz, the century-old car rental company, has seen its stock rally since declaring bankruptcy earlier this month. While it has pared some of its huge gains, it is way up from its low of […]
As volatility returns, did the Federal Reserve break the stock market?
By: Andrew Moran Walk away from the bulls in a china shop. Excuse yourself from the two bears at a dinner party talking about stocks. The stock market is broken, and you can thank the Federal Reserve for turning the arena into a Three Faces Eve monstrosity. The U.S. central bank has intervened in the equities ecosystem since its […]
Federal Reserve to start buying individual corporate bonds to rescue stock market
It is going to be a day of reckoning should the Federal Reserve ever decide to tighten and taper and remove the training wheels. It has been an interesting few days on the stock market as investors have seen the volatility comparable to March madness. Well, the Federal Reserve seems spooked by it so it […]
CNN’s chyron summarizes network’s hypocrisy on COVID-19, Black Lives Matter
A month ago, the Counterfeit News Network was shaming people for not social distancing or wearing masks. A month later, the same folks praised tens of thousands of Americans for not social distancing or wearing masks. Confused yet? Well, it is CNN after all. Now that the media has declared the coronavirus pandemic is over, […]