FTC Demands Wal-Mart, Amazon & Others Participate In Supply-Chain Probe
11/29/2021 8:08 PMShortly after President Biden sat down with top executives from Wal-Mart, a handful of regional grocers and others to hold a "round table" to discuss "supply chain" issues, the FTC announced Monday afternoon that it would launch an investigation into the factors...
read moreSingapore piles into gold for the first since 2000
11/29/2021 7:55 PMThe central bank of Singapore increased its gold reserves by 20% this year, buying gold for the first time in two decades. The gold purchase was made between May and June, totaling 26.35 metric tons, according to the data from the Monetary Authority of Singapore's...
read moreBitcoin too volatile to be adopted as legal tender, says BoE chief
11/29/2021 3:10 PMBank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced the launch of Bitcoin City. Bailey argued that El Salvador’s decision to adopt Bitcoin as a currency was...
read moreWhat Happens Next?
11/29/2021 9:44 AMAs we close out 2021, I want to provide you with an honest understanding of our current economic environment, the real risks we face, and the opportunities we may have. Grab some popcorn and cross your fingers. Bigger Government The most recent edition of The...
read moreGoofy Award – Nov 27
11/28/2021 11:14 AMYou'd be forgiven for being confused by President Biden actions after COP26 - it looks like he was...
read moreQuote of the Week & Shocking Stat
11/28/2021 11:05 AMQuote of the Week Attention all resource protestors including university profs & NGOs Better not listen to Chris Sankey, member of Coast Tsimshian. As Jack Nicholson famously warned, “you can’t handle the truth.” Shocking Stat Look at the truly shocking results when...
read moreMike’s Comment
11/28/2021 10:57 AMOh, oh Mike's ruffled some political feathers but how can you analyze or forecast anything financial or economic without talking politics and...
read moreTrading Desk Notes For November 27, 2021
11/27/2021 12:56 PMRisk Happens Fast The S+P 500 hit All-Time Highs on Monday’s opening – but closed 165 points (3.5%) lower by Friday’s close. The daily S+P futures volume on Friday was the highest since early October – and was probably the highest EVER for a Thanksgiving Friday. The...
read moreHelp, what is happening with our universities?
11/27/2021 12:42 PMThis is an English translation of a letter by Guus Berkhout of CLINTEL that was published in De Telegraaf, the largest newspaper in The Netherlands earlier this week. In recent years we have seen the strangest things happening to our universities. Professors must be...
read moreNovember 27th Episode
11/27/2021 8:25 AMLike or not politics infects everything financial. Paul Beatty's BT Global is up 100% in the last 18 months, he shares the name of a stock that's not receiving any attention despite offering the best value on the market. A don't miss quote of the week unless you're an...
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