News Story of the Day: The Federal Reserve’s money spigot must be working over time. Within 48 hours, Big Tech stocks added approximately $250 bilion to their market capitalization. After huge corporate earnings and a congressional grilling, Amazon, Apple, Facebook, and Google posted big numbers. Amazon, for instance, made $5.2 billion at the height of […]
Archives for July 2020
Biden, Trump, or Jo-Jo? Who should libertarians vote for in 2020?
The election is less than 100 days away, and it is going to be one hell of a time once the debates start. But libertarians might have a tough time voting in November. Do they want President Donald Trump, who has governed as a moderate conservative? Do they want Joe Biden, who will be manipulated […]
Executives sell stocks after cashing in on COVID-19 meltdown
By: Andrew Moran Forget 90 Day Fiancé and the ongoing saga in Major League Baseball. The real popcorn entertainment is happening on Wall Street. Well, that is, if you are sitting on the sidelines with very little skin in the game and watching the world burn. If you are invested in the stock market, this volatility is not […]
U.S. economy craters annualized 32.9% in Q2, 1.4 million Americans file for jobless benefits
What an interesting day for the United States economy on Thursday. In fact, it was a no good, horrible, rotten, terrible day. Well, unless you own shares in Kodak. Hello Robinhooders? Here is what has happened so far: The United States has officially entered a recession with two straight quarters of economic contraction. The U.S. […]
WATCH: Joe Biden admits he doesn’t know where he is
And this is the guy to beat President Donald Trump in November? He doesn’t even know where he is. Literally! Check out this clip of Joe Biden admitting to reporters that he doesn’t know where he is: