In 1958, the National Election Study began surveying Americans’ trust in government, revealing that approximately 75% believed the federal government would do the right thing almost always or most of the time. However, according to Pew Research in 2023, this trust has plummeted to a…
The dog days of summer are here. And the stock market gives us a brutal reminder of this. The first trading day of August began on a very pessimistic note.…
Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market sell-off weighed on some of the…
Economy
Trump federal election interference case sent back to trial court after SCOTUS ruling
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Following the Supreme Court’s historic decision on former President Trump’s immunity claim in the federal election interference case, the matter has been officially returned for a trial. This is standard…
Economy
Ex-Obama campaign manager joins Harris team; VP keeps rest of Biden’s squad intact
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The former campaign manager for former President Obama, David Plouffe, has joined Vice President Kamala Harris’ presidential campaign, and the newly minted Democratic nominee has retained the entire leadership team…
And then ….. all of a sudden….. things are heating up. Lots of (downside) market action in the past week. Let’s see what sector rotation and RRGs can tell us.…
Editor's Pick
Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL
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LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL and has granted judgment to…
Economy
It’s official: Vice President Kamala Harris goes over the top and clinches Democratic presidential nomination
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Vice President Kamala Harris on Friday officially clinched her party’s 2024 presidential nomination, and the Democratic National Committee (DNC) announced that the vice president had secured the votes of a…
Editor's Pick
Dow closes nearly 500 points lower Thursday as investors’ recession fears awaken
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Stocks sold off Thursday, with the Dow Jones Industrial Average tumbling nearly 500 points, as investors’ fears over a recession surfaced. The Dow dropped 494 points, or 1.2%. The S&P 500 shed 1.4%, while…
Editor's Pick
Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’
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If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for dinner to be served. “What is it…