Category: Business

The FED: They Cannot End Quantitative Easing
1. 7. 2021 No Responses

The FED: They Cannot End Quantitative Easing

When the economy was shut down in March 2020, the government responded with massive fiscal and monetary support. The fiscal stimulus totaled $4T+ in relief packages. All of this spending was paid for with debt issued by the Treasury. The...
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OPEC and allies to decide on crude production policy
30. 6. 2021 No Responses

OPEC and allies to decide on crude production policy

A group of some of the world’s most powerful oil producers will meet on Thursday to decide the next phase of their production policy. OPEC and non-OPEC partners, an energy alliance often referred to as OPEC+, will convene via videoconference...
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Petitions To Keep Bezos From Returning To Earth Next Month Signed By Over 56,000 People
21. 6. 2021 No Responses

Petitions To Keep Bezos From Returning To Earth Next Month Signed By Over 56,000 People

Over 56,000 people have signed petitions calling to prevent Jeff Bezos from returning to earth next month, when the billionaire founder of Amazon.com is set to ride his phallic ‘New Shepard’ rocket into space along with his brother, Mark and...
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Stagflation Signals Soaring
4. 6. 2021 No Responses

Stagflation Signals Soaring

Stagflation signals soaring as factory orders tumbled in April. For the first time since April 2020, US Manufacturers new orders fell in April. The 0.6% MoM drop was triple the expected 0.2% MoM drop.    
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These 3 Giant Financial Entities Control 88% Of S&P 500-Listed Companies
3. 6. 2021 No Responses

These 3 Giant Financial Entities Control 88% Of S&P 500-Listed Companies

There is no question that large corporations absolutely dominate our society today.  They control what we eat, they control what we watch on television, they own most of the stores that we shop at, they provide the energy that our...
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Supreme Court won’t hear J&J’s appeal of $2 billion baby powder verdict
2. 6. 2021 No Responses

Supreme Court won’t hear J&J’s appeal of $2 billion baby powder verdict

The Supreme Court declined Tuesday to take up Johnson & Johnson’s appeal of a multibillion-dollar verdict in favor of women who said they developed ovarian cancer from using the company’s talcum powder products. The company argued that it did...
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Russia Has Oil Reserves At Least Until 2080
27. 5. 2021 No Responses

Russia Has Oil Reserves At Least Until 2080

Russia’s oil reserves will last until 2080 at the current pace of annual production, Natural Resources Minister Alexander Kozlov told Russian outlet RBC in an interview this week. Russia also has natural gas reserves for another 103 years of annual product...
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US Home Prices Explode At Fastest Pace Since 2013
24. 5. 2021 No Responses

US Home Prices Explode At Fastest Pace Since 2013

“In real terms, home prices have never been so high. My data goes back over 100 years, so this is something,” Nobel prize-winning economist Robert Shiller told CNBC’s “Trading Nation” earlier this week and according to Case-Sh...
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Greenpeace to stop accepting Bitcoin donations
21. 5. 2021 No Responses

Greenpeace to stop accepting Bitcoin donations

Greenpeace to stop accepting Bitcoin donations over environmental concerns. roof of work is proof of burning,” is fast becoming the dominant view of Bitcoin (BTC) among those who are serious about tackling the climate crisis. The words are from a...
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TSMC is considering a 3 nm foundry in Arizona
14. 5. 2021 No Responses

TSMC is considering a 3 nm foundry in Arizona

TSMC—Taiwan Semiconductor Manufacturing Company, the chip foundry making advanced processors for Apple, AMD, and Qualcomm—is beefing up its plans to build factories in Arizona while turning away from an advanced plant in Europe. Last year, TSMC announced t...
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JPMorgan, Wells Fargo Starts Credit Cards For People With No Credit Scores
13. 5. 2021 No Responses

JPMorgan, Wells Fargo Starts Credit Cards For People With No Credit Scores

After a year of clamping down on new credit card, mortgage, and commercial loan issuance in the aftermath of the COVID pandemic, US commercial banks are planning to issue credit cards to people with no credit scores. WSJ reports JPMorgan, Wells...
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Thiel-Backed Group Inject $10 Billion Into EOS DEX
11. 5. 2021 No Responses

Thiel-Backed Group Inject $10 Billion Into EOS DEX

Block.one, a blockchain platform whose long-time backers include billionaire VC Peter Thiel, is launching a crypto exchange that seeks to combine attributes of traditional bourses with the benefits of decentralized finance. The exchange – will will be kn...
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Goldman Sachs announces a new crypto trading team
8. 5. 2021 No Responses

Goldman Sachs announces a new crypto trading team

Goldman Sachs has informed employees of a new cryptocurrency trading desk. It is the first time the US bank has formally acknowledged involvement in crypto-trading. The crypto team will report to Goldman partner, Rajesh Venkataramani. Goldman Sachs formally a...
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JP Morgan launches Bitcoin Fund for rich clients after years of bashing cryptos
26. 4. 2021 No Responses

JP Morgan launches Bitcoin Fund for rich clients after years of bashing cryptos

Ever since JP Morgan CEO Jamie Dimon first denounced bitcoin way back during the heady crypto-rally of 2017 (shortly before analysts revealed that JP Morgan’s asset-management arm was seemingly buying the dip on behalf of its wealthy clients via a...
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Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record
23. 4. 2021 No Responses

Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record

In a recent note from SocGen’s Andrew Lapthorne, the cross-asset strategist summarizes the ongoing market insanity delightfully, saying that “there is an increasingly large number of weird and wonderful signs of market excess, from surging crypto c...
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