Despite a populist grassroots movement seeking to ban Congress members from trading stocks, one which has attracted bipartisan political support, Democratic House Speaker Nancy Pelosi...
Tim Picciott (The Liberty Advisor) and John Sneisen (The Economic Truth) give the Economic Report, Wall Street Creates New Asset Class to Commoditize The Planet’s Resources!, etc...
Great news, the G7 Finance Ministers agreed to prevent future supply-chain problems. That might just have to do with the backlash that leaders are starting to face from their electorates, with inflation now the next headache for President Biden.
CEOs and corporate insiders are dumping stock at a far faster rate than we've seen in recent years, and the twist is, they're ramping up selling as their own companies engage in record stock buybacks.
It has been two weeks since the deadly (no one has died anywhere in the world) new COVID variant - Omicron - and only The Dow has managed to shrug off the constant fearmongering and panicky policy-making to 'slow the spread' of this "mild" virus..
On the same day he "joked" about quitting his jobs, Elon Musk casually unloaded another $963 million in Tesla stock, bringing his 6 week total to about $11 billion in stock sold.
Markets may be crashing, but not every stocks is getting smashed into the close and one notable outlier is blank check firm Digital World Acquisition Corp (ticker DWAC) better known as Donald Trump's new social media venture, which according to a lat
Arriving just in time to lower gas prices at the pump and dampen down the roaring inflationary impulse that could force The Fed's hawkish hand, COVID variant 'Omicron'
It's pretty clear that markets are not having a good day today, and all else equal, it's likely they will only get worse for the simple fact that gamma is now broadly negative, and more put buying (and selling) will lead to more selling (and put buyi
The decision not to appoint progressive-fave Lael Brainard to Fed Chair (and more notably not to pick her fore vice-chair of supervision) triggered selling in STIRs (Powell more hawkish) and buying in bank stocks (no Warren-esque 'regulator' running
Elon Musk sells off another $930 million worth of Tesla stock bringing total sales in last six trading days to $7.8 billion - just days after sparring with Bernie Sanders and offering to sell more shares
Update (1025ET): Well that escalated quickly. TSLA shares are down over 4% this morning, trading back below $1000 once again and down over 20% from the record highs earlier in the month.
US futures rose and European bourses once again rebounded from overnight lows, this time after concerns that scorching US and Chinese CPI and PPI prints will prompt central banks to tighten much sooner than expected.
After a rough day for Wall Street, Disney shares are tumbling after hours as its Q4 earnings showed Disney+ subscriber growth missed Wall Street's expectations.
If the ugliest auction so far in 2021 was the disastrous 7Y sale back in February, which sparked a mini market meltdown in both bonds and stocks, then the just concluded sale of $25BN in 30Y paper was almost just as terrible.
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