Economics And Finance
Trump Ranks Sixth In Stock Market Performance Behind Obama And Clinton
Everyone is impressed with the performance of the stock market under President Trump–especially Trump. Trump Ranks Sixth In Stock Market Performance Behind Obama And Clinton While the market has consistently gained under Trump, the gains haven’t been record-setting. From inauguration day on January 20 through October 27, the S&P 500…
Chinese Investment Into The US Has Plunged 90% Since Trump Took Office
Chinese Investment Into The Us Has Plunged 90% Since Trump Took Office — And Poorer States May Get Hit The Hardest. Chinese Investment Into The Us Has Plunged 90% Since Trump Took Office Chinese Foreign Direct Investment In The Us Has Plummeted, Leaving Places Like Silicon Valley And The New…
Online Shoppers Learn Their Own Tricks for Outwitting Sellers
Savvy consumers are exploiting tactics used by retailers to spur more spending; one tip: leave items in the cart. Online Shoppers Learn Their Own Tricks for Outwitting Sellers In online shopping, the house doesn’t always win. While many online retailers successfully employ a range of marketing strategies to persuade shoppers…
America Has ‘Squandered’ The Recovery And Is Falling Behind The Rest Of The World
‘Past generations of American leaders have used periods of strong economic growth in at least three ways: to upgrade the nation’s business environment; to make America more equitable and humane; and to build fiscal strength to buffer future recessions. Our current leaders have accomplished none of these during the past…
An $809 Car Payment, A $660 Income: What Could Go Wrong?
Some dealerships are dressing up borrowers’ car-loan applications with fake, inflated incomes.When Mirna López bought a used 2018 Nissan Pathfinder in May, she got a car loan with a monthly payment of $809. Her monthly earnings were about $660. An $809 Car Payment, A $660 Income: What Could Go Wrong?…
The Federal Reserve Deposit Outage Boosts Need For Bitcoin Adoption
Direct Deposits Across America Hang After Fed's ACH Payment System Suffers Major Disruption. The Federal Reserve Deposit Outage Boosts Need For Bitcoin Adoption With reports of direct deposits failing to clear still ongoing, Bloomberg reported that the Federal Reserve was investigating "the second significant disruption in 2019 of a payments…
Big Banks Prepare Living Wills Or Emergency Liquidation Plans (#GotBitcoin)
In a sweeping rebuke to Wall Street, U.S. regulators said 11 of the nation's biggest banks haven't demonstrated they can collapse without causing damaging economic repercussions and ordered them to submit plans. Big Banks Prepare Living Wills Or Emergency Liquidation Plans (#GotBitcoin) The findings applied to 11 banks with assets…
A $9 Trillion Corporate Debt Bomb Is ‘Bubbling’ In The Us Economy (#GotBitcoin?)
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. A $9 Trillion Corporate Debt Bomb Is ‘Bubbling’ In The Us Economy (#GotBitcoin?) Key Points Companies…
Trumponomics Has Destroyed All The Progress We Made Under Obama (#GotBitcoin?)
The achilles heel of Trump and his supporters is the ignorance and inability to understand and talk intelligently about economics and finance. Trumponomics Has Destroyed All The Progress We Made Under Obama (#GotBitcoin?) Look at all the articles about the massive-money printing, Trumps insistence on Powell delivering near zero and/or…
Shale Industry Drills More Debt (Over $280 Billion) Than Profit (#GotBitcoin)
Since 2007, the oil and gas industry has lost $280 billion betting on the shale boom, which has been made possible by hydraulic fracturing (fracking) and Wall Street financing, and these companies are still borrowing heavily. Shale Industry Drills More Debt (Over $280 Billion) Than Profit (#GotBitcoin) But even as…
World’s Largest Printer Of Money Is Running Out Of Money
Despite the rise in digital payments, cash is still king in uncertain times — but who's going to print it? World's Largest Printer Of Money Is Running Out Of Money In the United States, the task of printing money and minting coins falls to the Bureau of Engraving and Printing,…
The Ultimate List Of Trump Economic Blunders That Caused The Recession (#GotBitcoin?)
The achilles heel of Trump and his supporters is the ignorance and inability to understand and talk intelligently about economics and finance. The Ultimate List Of Trump Economic Blunders That Caused The Recession (#GotBitcoin?) Look at all the articles about the massive-money printing, Trumps insistence on Powell delivering near zero…