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Here's What NatGas Bulls Are Betting On In The Next Month

Weather models continue to suggest warmer than average temperatures this month across much of the US from the South to the Northeast. Warmer trends could continue next month, pressuring natural gas prices as demand crumbles. However, natgas bulls are closely watching the Polar Vortex and Madden Julian Oscillation for any shifts.  Kirk Hinz, meteorologist in charge at US-based BAMWX,…

Here's How Much Your Income Will Change Under The Biden Tax Plan

While the market has so far focused exclusively on the temporary economic sugar high that the Biden fiscal stimulus will unleash on the US economy, which however may be far below Biden’s bogey of $1.9 trillion with Goldman now expecting just $1.1 trillion being enacted due to republican opposition, traders are starting to focus on…

Here's What Joe Biden May Announce Tonight, According To Goldman

President-elect Biden is scheduled to speak at 7:15pm tonight to outline his “vaccination and economic rescue legislative package”.  As we noted late last night, there are a number of media reports regarding the potential size and details of that package, which vary considerably, even though the market’s attention was drawn to the largest one for…

Here's How The FBI Tracked Down Ghislaine Maxwell

Former Jeffrey Epstein ‘madam’ Ghislaine Maxwell was arrested on July 2, following a raid on her secluded mansion in New Hampshire – despite going to great lengths to conceal her whereabouts. According to a new court document revealed by the Daily Beast, however, the FBI was able to track down the accused child sex-trafficker using…

Rabobank: Here's How We Could Be Stuck With COVID Forever

By Michael Every of Rabobank You don’t have to be Einstein One of the most frequently used ‘clever’ quotes for journalists and analysts alike is that the definition of insanity is to keep doing the same thing over and over again and yet expecting different results. This is considered clever both because it is true…

The Rich Got Richer During COVID-19. Here's How American Billionaires Performed

We’ve all been affected by the pandemic-induced mayhem of 2020. But, as Visual Capitalist’s Carmen Ang notes, when it comes to finances, some have fared far better than others. While job loss persists for Americans making less than $20 an hour, the rich have gotten richer. More specifically, the most wealthy American billionaires have seen their net…

GreenPro Doubles Overnight After $100 Million Bitcoin Investment… But Here's The Real News

Just over a month ago, when we discussed the ongoing accumulation of bitcoin by (formerly) business-intelligence company, Microstrategy, whose CEO Michael Saylor has emerged as one of the most vocal supporters of the crypto space (and with good reason – MSTR stock has exploded ever since it first started converting its cash into bitcoin), we…

2021's Deficit Spending Is Already Out Of Control. Here's Why That's A Problem

Authored by Ryan McMaken via The Mises Institute, This morning, President Trump apparently threatened to veto the so-called stimulus legislation recently approved by Congress. The legislation features approximately $908 billion worth of spending including $600 stimulus checks for many millions of Americans who qualify. The stimulus spending is part of a much larger spending package which totals…

As Tesla Tanks, Here's What Analysts Are Saying About Apple's Move Into EVs

Late in the trading day on Monday it broke that Apple was “moving forward” with plans for a self-driving vehicle under its “Project Titan” project, which had been rumored to have slowed down – if not totally shelved – over the last year or two. In addition to designing self-driving vehicles, Reuters reported that Apple’s cars…