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U.S. consumer spending, which accounts of two-thirds of the economy, plunged at an annual rate of 34.6% in the second quarter. It was, by far, the worst in history. U.S. auto sales are also...
Happy weekend! It’s been another wild week for gold. What’s the next move for smart investors? I have a few ideas. First, we should look at some charts. Chart No. 1: The New Bull Market ...
“We’re from Washington, and we are here to help.” A throwaway line from a bygone political era … but it still rings true and is still just as dangerous. The New York Times reported Tuesday...
When the pandemic first struck, we knew it would change the world forever. But we couldn’t have known exactly how ... Now, the picture is becoming crystal clear, and the implications are HUGE. ...
America is opening for business again after many cities, counties and whole states shut down “non-essential” businesses to slow the spread of COVID-19. What stocks will do well as our nation puts...
The economy is closed. Tens of millions of Americans are living under voluntary house arrest. And that is the easy part. The hard part will be getting back to normal. That will require real...
The COVID-19 crisis is pushing supply chains and logistics networks to their limits. Something has to give soon. On Friday, Amazon.com (AMZN) signed an agreement with the Canadian government to...
Telemedicine is one of those face-palm ideas. Having doctors diagnose patients using videoconference technology is a no-brainer. It should be everywhere. It turns out it took a global pandemic...
Washington lawmakers are set to take another whack at end to end encryption. It could make everyone less safe. A bipartisan group of United States Senators introduced EARN IT on Tuesday. This...
Bitcoin’s halving event is this coming May. (Here’s an issue on the event if you need a refresher.) And this halving is expected to send the King of Crypto through the roof. If you’ve been...