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Keyword: wallstreet

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  • Wall Street has begun trading water as a commodity, like gold or oil

    12/10/2020 5:10:01 PM PST · by Roman_War_Criminal · 41 replies
    SS ^ | 12/9/20 | SS
    What is water trading? The market allows farmers, hedge funds, and municipalities to hedge bets on the future price of water and water availability in the American West. The new trading scheme was announced in September, prompted by the region’s worsening heat, drought, and wildfires. Water trading pros and cons Proponents argue the new market will clear up some of the uncertainty around water prices for farmers and municipalities, helping them budget for the resource. But some experts say treating water as a tradable commodity puts a basic human right into the hands of financial institutions and investors. Wall Street’s...
  • Investment Con

    12/09/2020 4:10:39 AM PST · by Kaslin · 9 replies ^ | December 9, 2020 | John Stossel
    Want to make money and help the world, too? Wall Street says you can! If you invest in "socially responsible" funds, say big investment funds like BlackRock, Parnassus, TIAA-CREF, etc., then they'll do good things for the world, and your retirement funds will grow. These funds obsess about what they call Environmental, Social and Governance factors. For example, Parnassus says it picks investments based on "their environmental impact, how they treat their employees, the quality of their relationships with local communities." People believe. More than $100 billion poured in just in the first half of this year. But I won't...
  • Wall Street Loves When Communist China Tells Sweet Billion-Dollar Lies: No matter how much Big US firms kowtow to the CCP, they will never gain the kind of market access they desire

    12/08/2020 9:48:37 AM PST · by SeekAndFind · 7 replies
    The Federalist ^ | 12/08/2020 | Helen Raleigh
    Nowadays, one of the few issues that can unite Republicans and Democrats in Congress is the effort to hold Communist China accountable. In early December, the U.S. House of Representatives unanimously passed legislation that would ban trading shares of Chinese companies whose audit papers aren’t inspected by U.S. regulators for three consecutive years. The same legislation was approved with bipartisan support in the U.S. Senate in May and President Trump is likely to sign it into law in the coming days.This effort is long overdue. Chinese companies have enjoyed open access to U.S. capital markets for years and collectively raised...
  • Trump Has Now Moved $2.3 Million Of Campaign-Donor Money Into His Private Business (Wallstreet anti Trump Alert)

    11/21/2020 6:02:03 AM PST · by KeyLargo · 37 replies
    Forbes ^ | Aug 25, 2020 | Dan Alexander
    Dan Alexander Forbes Staff Billionaires Senior editor at Forbes, covering Donald Trump's business. Donald Trump continued to shift money from his donors to his business last month, as his reelection campaign paid his private companies for rent, food, lodging and other expenses, according to a review of the latest Federal Election Commission filings. The richest president in American history, who has yet to donate to his 2020 campaign, has now moved $2.3 million of contributions from other people into his private companies. The most recent expenses look familiar. The president accepted $38,000 in rent last month through Trump Tower Commercial...
  • Hostile Takeover: Wall Street Assumes Command of Joe Biden Transition Team

    11/11/2020 11:50:28 PM PST · by knighthawk · 32 replies
    Breitbart ^ | November 11 2020 | JOHN BINDER
    Wall Street and the biggest U.S. banks, after spending a fortune to unseat President Trump, are getting key spots in Democrat Joe Biden’s transition team that he has devised before the presidential election is certified. Detailed by the New York Times, Biden’s list of transition team members includes former Wall Street employees and those with close ties to Wall Street. Many of the big banks with links to Biden transition team members were major donors to the former vice president. The Times reports: Commerce Department: The review team is led by Geovette Washington of the University of Pittsburgh, who previously...
  • If Biden wins, he tells his Wall Street supporters he can’t wait to raise taxes

    10/25/2020 10:03:08 AM PDT · by knighthawk · 12 replies
    Fox Business ^ | October 25 2020 | Charlie Gasparino, Lydia Moynihan
    The polls may be tightening as the 2020 presidential election is just over a week away, but Democratic nominee Joe Biden and his top advisers are already laying out an aggressive economic agenda that would make raising taxes their top and immediate priority if the former vice president is elected, FOX Business has learned. Biden continues to tell Wall Street supporters his sweeping plan for tax increases on wealthy individuals and corporations will likely be introduced as legislation almost immediately upon taking office despite the nation’s pandemic-induced economic slowdown, people familiar with Biden’s campaign strategy tell FOX Business. Biden advisers...
  • Billionaire Paul Singer to relocate massive NYC hedge fund to Florida: Report

    10/22/2020 6:08:10 PM PDT · by knighthawk · 9 replies
    Fox Business ^ | October 22 2020 | Brittany De Lea
    Billionaire activist investor Paul Singer is reportedly the latest Wall Street bigwig looking to relocate his hedge fund from New York City for Florida. Singer is taking his $41 billion firm, Elliott Management, to West Palm Beach, according to a report from Bloomberg, which cited people familiar with the matter. While planting a new headquarters in West Palm Beach, Singer will also keep space in Midtown Manhattan and open offices in Greenwich so that all of his employees are not required to relocate, the publication said.
  • Joe Biden Rakes in More than $50M from Wall Street, Including from Soros

    10/17/2020 12:42:55 AM PDT · by knighthawk · 21 replies
    Breitbart ^ | October 16 2020 | JOHN BINDER
    Democrat presidential candidate Joe Biden is raking in tens of millions of dollars from Wall Street, weeks away from the November 3 election against President Trump. In the last few months, Biden’s campaign and his fundraising committees have “benefited from big money contributions from finance leaders on Wall Street and across the country,” according to a new report by CNBC. Wall Street donors to date have spent more than $50 million to help get Biden elected, as they view his candidacy as a return to the economic status quo, which has often spelled economic decline for Main Street.
  • EXCLUSIVE: Wall Street Veteran Charles Mizrahi & Morals of American Capitalism

    10/08/2020 9:36:19 AM PDT · by JV3MRC · 1 replies
    NewsBusters ^ | 10/8/2020 | Joseph Vazquez
    Wall Street veteran and Alpha Investor Editor Charles Mizrahi talked to MRC Business about his frustrations with the media’s leftist agenda using the coronavirus to attack American capitalism. Talking heads like Financial Times Editor-in-Chief Roula Khalaf had argued that “capitalism needs a reset.” The socialist-loving FT Editorial Board had said that “Governments will have to accept a more active role in the economy.” Mizrahi, an observant Jew, wasn’t buying any of it. He argued based on a powerful op-ed he wrote for RealClearReligion headlined “Prosperity and Generosity: The Biblical Roots of Capitalism.” His main point is that the media is...
  • Kamala Harris Touts Wall Street’s Support for Joe Biden During VP Debate (banks support Biden)

    10/08/2020 3:26:02 AM PDT · by knighthawk · 19 replies
    Breitbart ^ | October 07 2020 | JOHN BINDER
    Sen. Kamala Harris (D-CA) touted Wall Street’s support for Democrat presidential candidate Joe Biden during the vice presidential debate Wednesday evening. As Breitbart News reported this week, economists with Moody’s Analytics on Wall Street cheered a Biden presidency, citing their support for his globalist agenda centered on more free trade and more immigration to the United States.
  • CNN, MSNBC Use Biased Banks to Say Wall Street Comfortable with Socialist Blue Wave

    10/07/2020 9:23:35 AM PDT · by JV3MRC · 5 replies
    NewsBusters ^ | 10/7/2020 | Joseph Vazquez
    Using biased banks to make the absurd claim that Wall Street is warming up to the idea of a “blue wave” in November is like using field mice to claim that the animal kingdom is warming up to the idea of a cheese festival. This is the strategy CNN and MSNBC used in an attempt to fool their viewers into thinking Democratic presidential nominee Joe Biden’s left-wing extremist economic plans are in any way, shape or form good for the U.S. economy. CNN Newsroom and MSNBC Live With Stephanie Ruhle both pushed during their October 6 editions how Goldman Sachs...
  • Biden Vows to Hike Taxes on Middle Class [semi-satire]

    10/04/2020 1:30:43 PM PDT · by John Semmens · 1 replies
    Semi-News/Semi-Satire ^ | 4 October 2020 | John Semmens
    In the summer of 2017, the Trump Administration proposed and the Congress enacted the Tax Cuts and Jobs Act. This legislation cut tax rates in every bracket and ensured higher take-home pay for the working and middle classes. The average family of four saved $2,000 in taxes and 91% in the middle income quintile received a tax cut. The US economy boomed. During this week's debate Democratic presidential candidate Joe Biden told viewers that "I'm going to eliminate the Trump tax cuts. The Republican notion that people have a right to keep more of their hard-earned money is mistaken and...
  • CNN: ‘All the Big Banks’ on Wall Street Backing Joe Biden Against Trump

    09/29/2020 11:27:23 AM PDT · by knighthawk · 41 replies
    Breitbart ^ | September 28 2020 | JOHN BINDER
    Democrat presidential candidate Joe Biden is raking in Wall Street cash from all the big banks at five times the rate of President Trump, a CNN report admits. An analysis by CNN found that “all the big banks are backing Biden” against Trump, with the former vice president taking a larger margin of Wall Street donations than even failed Democrat presidential candidate Hillary Clinton did in 2016. CNN reports: The securities and investment industry donated just $10.5 million to Trump’s presidential campaign and outside groups aligned with it, according to a new tally by OpenSecrets. It has sent nearly five...
  • Party of the Little Guy? Why Wall Street shamelessly favors Joe Biden.

    09/24/2020 2:59:06 PM PDT · by Vigilanteman · 10 replies
    An e-mail ^ | 24 September 2020 | My brother-in-law
    Just sharing this with you because it is something I need to learn how to do more often. and more importantly, do it. If you don't have an account with Schwab or other zero commission broker, you need to get one. The pattern is basically this: (1) Watch a few (probably no more than 3 dozen) stocks which (a)trade a lot, (b)have some strong swings, (c)are basically good investments. (2) When news happens which causes a unusual swing (40% in this case, 5% in a more typical case), take the opposite position as the market because such swings are almost...
  • News Summary-Intelligence Report Friday 9/4/2020 Newsdump Friday Labor Day Weekend

    09/04/2020 8:33:44 PM PDT · by Nextrush · 5 replies
    Nextrush Free ^ | 9/4/2020 | Nextrush/Self
    It is now Saturday in Australia where a coronavirus freedom protest is being attempted in the tightly locked down city of Melbourne. Arrests have already taken place in the city at the gathering site of the protest, the "Shrine of Remembrance". Police acting to prevent the protest from taking place.... Police in a federal operation shooting dead the man wanted in connection with the killing of a "Patriot Prayer" member in Portland..... Facebook removing accounts linked to "Patriot Prayer"...... The FBI arresting two men said to be "militia members: and admirers of Kyle Rittenhouse at the request of Kenosha, Wisconsin...
  • Kamala Harris: The Senator From Wall Street Who Wants To Be President

    08/17/2020 9:35:42 AM PDT · by Kaslin · 9 replies
    The Federalist ^ | August 17, 2020 | Nathanial Blake
    Kamala Harris knows that big business and big government can get along quite well—there is money to be made off of big government, and big business is often best positioned to make it. Wall Street loves Kamala Harris. According to the Wall Street Journal, which ought to know, “Much of Wall Street cheered” her selection as Joe Biden’s running mate. No surprise there. Despite Bernie Sanders and his followers, Wall Street and big business are at home in the Democratic Party. Big Tech in particular has reason to celebrate Harris’s selection, as she has close ties to Silicon Valley.There will,...
  • New York Times: Wall Street Backs Joe Biden

    08/10/2020 9:03:49 AM PDT · by ChicagoConservative27 · 73 replies
    Breitbart ^ | 08/09/2020 | Neil Munro
    Wall Street’s many campaign donors are lining up behind Joe Biden, not the incumbent President of the United States, according to the New York Times. Under the August 9 headline, “The Wallets of Wall Street Are With Joe Biden, if Not the Hearts,” three reporters wrote: While Wall Street financiers tend to be more socially liberal, they have collectively swung back and forth between parties. Data from the Center for Responsive Politics show the securities and investment community donating more to President George W. Bush in 2004, and then to Mr. Obama in 2008, and then to Mitt Romney in...
  • Wall Street giants including the CEOs of Goldman and Blackstone are pouring money into the campaign to defeat AOC in a June primary

    06/18/2020 1:38:23 PM PDT · by Libloather · 10 replies
    Business Insider via MSN ^ | 6/18/20 | Saloni Sardana
    Some of Wall Street's most prominent names have donated thousands of dollars to Alexandra Ocasio-Cortez's opponent in the upcoming Democratic primary in New York, data from the FEC shows. Federal Election Commission data shows that donors including Goldman Sachs' CEO David Solomon, Blackstone's Stephen Schwarzman, and hedge fund behemoth Paul Tudor Jones have given to the campaign of Michelle Caruso-Cabrera. Caruso-Cabrera, a former CNBC reporter, is going up against Ocasio-Cortez to secure the Democratic nomination for New York's 14th congressional district on June 23. **SNIP** Caruso-Cabrera has raised just over $2 million so far, while Ocasio-Cortez's campaign has received more...
  • Joe Biden’s Campaign Is Awash in Wall Street Cash

    06/02/2020 1:48:44 PM PDT · by knighthawk · 7 replies
    Breitbart ^ | June 02 2020 | JOHN CARNEY
    Joe Biden has adopted the anti-Wall Street rhetoric of some of his former rivals for the Democrat nomination, but that has not stopped him from collecting an enormous war chest of campaign cash from the financial sector. Biden on Tuesday said that America “wasn’t built by Wall Street bankers and CEOs, it was built by the great American middle class.” Securities industry employees, a close proxy for Wall Street, have donated $29,703,244 to Biden’s campaign or to political committees supporting his campaign for the presidency, according to the nonpartisan Center for Responsive Politics. The sector is the second-largest source of...
  • U.S. Stock Futures Extend Rally

    05/27/2020 2:54:44 AM PDT · by abb · 21 replies
    The Wall Street Journal ^ | May 27, 2002 | Frances Yoon & Anna Isaac
    U.S. stock futures and European shares rose Wednesday on optimism that economic activity is gathering steam and authorities may offer more stimulus to bolster the recovery. Futures tied to the S&P 500 rose 1.2%, suggesting that the gauge’s 1.2% rally on Tuesday may be extended after the New York opening bell. European stocks also ticked higher, with the pan-continental Stoxx Europe 600 advancing almost 1%. Investors are cheering signs that the White House and Congress are considering more measures to blunt the impact of historic levels of unemployment on the economy. The Trump administration is examining proposals to provide cash...