US-China Trade Optimism Fuels $1 Trillion Chinese Stock Rally

Following a period of economic turmoil caused by trade friction between the U.S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies. After Trump announced that he would postpone the March 1 deadline for …

Bernie Sanders and His $15 Wage Plan Won’t Help the Poor. Just Ask South Korea.

U.S. Senator Bernie Sanders is running for president in 2020, and as expected, he is focusing his campaign on his signature $15 minimum wage initiative. However, contrary to what Bernie Bros think, a forced increase in basic wage could lead to a drastic decline in jobs growth, cripple small businesses, and trigger an overall slowdown …

$1 Trillion Fund of Norway Bought the Dow Jones Dip, Indicator of Strong Short-Term Outlook

At the end of December 2018 and throughout the past two months, Norway’s Sovereign Wealth Fund has continuously bought the Dow Jones dip, acquiring $22 billion in equities in companies like Apple, Microsoft, and Alphabet as share prices cratered. Norway’s Sovereign Wealth Fund has aggressively expanded its portfolio over the years. | Source: nbim.io Although …

Even Fed Chair Powell is Freaked out by Ocasio-Cortez’s Green New Deal

Even the U.S. Federal Reserve thinks Alexandria Ocasio-Cortez needs to cool it with all the money-printing schemes. CNBC reports: “An increasingly popular theory espoused by progressives that the government can continue to borrow to fund social programs such as Medicare for everyone, free college tuition and a conversion to renewable energy in the next decade …

Stamps.com Shares Plummet Over 50% after ‘Exclusivity’ Break Up With USPS

Shares of online mail-supplies firm Stamps.com plunged by over 50% in pre-market trading on Friday after the company disclosed during the fourth quarter and full-year 2018 earnings call that it will not renew its exclusive agreement with the U.S. Postal Service (USPS). Per Stamps.com’s CEO, Kenneth McBride, prevailing shipping trends have made it necessary to …

Dow Plunges 103 Points, Analysts Spar over Trade War’s Market Impact

Thursday’s closing bell couldn’t come soon enough for the US stock market, which plunged across the board and prevented the Dow from crossing the 26,000 point threshold. Dow Recovers 80 Points But Still Sees Triple-Digit Loss The Dow (blue), S&P 500 (red), and Nasdaq (orange) pared losses before the closing bell but ended the day …

Nvidia’s Collapsing Stock Could Kill Nasdaq’s Winning Streak

The Nasdaq Composite Index is on the verge of breaking out of its bear market. With a rebound of 12.9% since the infamous Christmas Eve massacre, tech stocks are on fire. But the winning streak could be halted by Nvidia’s earnings report tonight. Chipmaker Nvidia sent an unprecedented early warning to investors last month, bracing …