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Elon Musk’s tweetstorm may have been bizarre, but not everything he said was completely inexplicable. That’s especially true of his decision to sell his two Los Angeles mansions. Both housing market trends and economist predictions suggest that he timed the sales perfectly. When Elon Musk abruptly announced on Twitter that he was selling “almost all”…
With the stock market in freefall and the economy grinding to a halt, Jim Cramer has officially lost his mind. Appearing on CNBC, Cramer says only government intervention can save us from impending doom. He wants the feds to stop collecting taxes and print trillions of dollars out of thin air. Did Cramer ever think…
Conservative media in the U.S. have been attacking Democrats and media outlets such as CNN and the New York Times for using the coronavirus to bring down President Trump. Peter Hegseth of Fox & Friends Weekends claims that “they’re rooting for the coronavirus to spread.” It sounds paranoid, but given how low U.S. politics have…
The Federal Reserve enacted an emergency rate cut Tuesday morning, triggering a volatile pump-and-dump in the stock market. Bank stocks were disproportionately affected over fears that plunging interest rates would eat away at margins. Rates are destined to return to zero so you shouldn’t believe the Fed when it tells you the economy is “strong.”…
