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Analysis | Trump’s false claim that violent crime hasn’t gone down ‘in a long while’Fact Checker: Trump’s false claim that violent crime hasn’t gone down 'in a long while' Breaking News: Trump Lied Lie. He was speaking about his crimes only, not all crimes in general.
Source: washingtonpost - 🏆 95. / 72 Read more »
Wealthfront joins the battle for deposits with a high-yield cash accountWealthfront joins the battle for deposits with launch of a high-yield cash account I must be failing to understand something. How does the Wealthfront scheme differ from the Marcus account I have paying, actually, a little higher rate?
Source: CNBC - 🏆 12. / 72 Read more »
Analysis | Despite his pre-election hype, Trump’s piling on the debt as presidentAnalysis: Despite his pre-election hype, Trump’s piling on the debt as president Any day now, he'll magically wipe it away... Trump is piling on a lot of shitt in this country So he should shut down the government to get that done?
Source: washingtonpost - 🏆 95. / 72 Read more »
U.S. And Global Growth Means More Rate Hikes In JuneThe Standard & Poor's (S&P 500) is soaring again, as investors have turned bullish on the belief that we’ve seen an end to rate hikes from the Federal Reserve System of the United States (the Fed). But investors are getting this wrong. Voodoo economics!
Source: Forbes - 🏆 394. / 53 Read more »
Here's why Wells Fargo has sliced its forecasts for rate hikes and bond yieldsWells Fargo cuts its rate hike and bond yield outlook - and it has little to do with global growth fears
Source: CNBC - 🏆 12. / 72 Read more »
Survey Says ... Avoid Emerging MarketsA Bank of America Merrill Lynch fund-manager survey calls emerging markets the most crowded trade, which has been a negative sign in the past from bitcoin to FAANGS. Powell could have avoided the stock market crash during Oct-Dec 2018 by saying the current statement that fed would not increase rate.
Source: WSJ - 🏆 98. / 63 Read more »
The market is now pricing in a greater likelihood of an interest-rate cut than a hikeIn the wake of the surprisingly weak retail sales data, investors now pricing in a small chance of a Fed rate cut by the end of the year.
Source: MarketWatch - 🏆 3. / 97 Read more »
How Scopely hit a $400 million run rate with mobile games like 'Star Trek: Fleet Command'The company's Star Trek: Fleet Command, a riff featuring some of the newer actors from the films, saw over 100 million battles in its first 10 days. What's a 'run rate'? 🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »
Viktor Orban’s plans to boost Hungary’s birth rate are unlikely to workMr Orban has ruled out migration as a way to deal with falling birth rates. But Hungary’s population is ageing why not just replace their population with military aged men from the middle east and Africa? What you scare 'The Economist' That a country can still succeed without crazy mass low IQ immigration that don't assimilate and bring nothing good in long term ? Are limits on what one man can do, right?
Source: TheEconomist - 🏆 6. / 92 Read more »
Vanguard dramatically cuts its expected rate of return for the stock market over the next decadeThe stock market won't keep returning the kinds of yearly gains investors have gotten used to since the financial crisis bottom in 2009, according to Vanguard CIO Greg Davis. Including dividends the Dow will return closer to 10% annually
Source: CNBC - 🏆 12. / 72 Read more »