Bad news: Unemployed workers are on their own again, as the Lost Wages Assistance Program (LWA) authorized by President Trump in August is out of funding. Here’s the latest update on the […]
Since the equity market topped a few weeks ago, bears have been going around the room taking turns punching various assets in the face. It started with equities and moved into Bitcoin which was rejected at […]
US equity futures and European stocks slumped as investor skepticism for a new American stimulus deal grew against a sharp uptick in global coronavirus cases. Both bonds and the dollar advanced amid […]
The markets are getting clobbered this week with the exception of the US dollar, which hit a 2-month high. Not even the bond market managed to rally even with the stock market […]
Gold had another precipitous drop on Wednesday (Sept. 23), falling through the support level at $1,900 to a 2-month low. That has led some to ask – is the gold bull dead? The […]
Retail investors giveth, and retail investors taketh away. For much of the past 6 months, euphoric Robinhood daytraders and other retail investors have been cited among the key drivers for the market’s […]
Over the past decade, the one common theme despite the political upheaval and growing social and geopolitical instability, was that the market would keep marching higher and the Fed would continue injecting […]
With Washington in a state of flux following the death of RBG, which has reset all ongoing political negotiations as well as the calculus on everything from the elections to a new […]
We need a fundamental change to capitalism post COVID-19—one that takes into account social, natural, and human capital, rather than just financial gain—or else economic inequalities will worsen, environmental degradation will continue, […]
The Internal Revenue Service is sending letters to almost 9 million Americans with unusual tax situations who may still be eligible for a direct payment as part of the federal coronavirus relief package passed […]
