It is the 22nd of November 2019

News

White House Says It Is "Monitoring The Bitcoin Situation"

In the past few days two Federal Reserve presidents have discussed cryptocurrencies and concluded they are "niche" and "don't matter today."

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JPMorgan's Outlook For 2018: "Eat, Drink And Be Merry, For In 2019..."

While the prevailing outlook by the big banks for 2018 and onward has been predominantly optimsitic and in a few euphoric cases, "rationally exuberant", with most banks forecasting year-end S&P price targets around 2800 or higher, and a P/E of roughly 20x as follows...

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Fed Chair Nominee Powell's Prepared Remarks: "Will Respond With Force To Threats To Nation's Stability"

Jerome Powell, President Trump’s nominee to head the Fed, has released the text of remarks he’ll deliver Tuesday in a confirmation hearing before the Senate Banking Committee.

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As Under Armour Collapses, CEO Builds Elitist Hotel & Whiskey Distillery

Earlier, we reported on Under Armour’s epic stock collapse down over -75% from its September 2015 highs. This is one stock Central Bankers forgot to buy. Today’s stock crash -15% is being felt across Baltimore once again, city streets are eerily calm, as the latest round of millennials who ‘bought the dip’ called in sick this morning. Something tells us, the avocado and toast breakfast will be sadly missed by many….

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