Returns

Fed Returns $42 Billion To Treasury For Terminated Emergency Programs

At the end of 2020, Steven Mnuchin created a mini media tempest (in a teapot) when he demanded that the Fed return tens of billions in unused funds backstopping the central bank’s various emergency, 13(3) programs. While the news spark a mini furore in financial circles and in Congress where reps and Senators scrambled to…

Shades Of 1999 As "Market Mania" Returns In 2020

Authored by Lance Roberts via RealInvestmentAdvice.com, “Maybe this time is different. Those words, supposedly the most dangerous to utter in the investing realm, came to mind amid the frenzied pops in the highly anticipated initial public offerings recently.” That quote was from Randall Forsyth discussing why the current market mania reminds him of the “Shades of 1999.”…

UPS Returns Some AirPods Max To Sender Due To “Hazardous Materials”  Warning 

UPS Returns Some AirPods Max To Sender Due To “Hazardous Materials”  Warning  Tyler Durden Thu, 12/17/2020 – 14:40 “A hazardous materials irregularity occurred with this package.” 

Shorting The Robinhood “Herd” Can Produce Consistent Returns, New Paper Finds

We previously reported that one of the most profitable strategies on Wall Street was taking the other side of whatever the hedge fund consensus has been. We have also bore witness to a market so insanely rigged by the Federal Reserve that retail investors conditioned to “buy the dips” at all costs have routinely outperformed hedge funds,…

Even If Biden Wins, President Trump’s Agenda Will Endure As Obama-Era Gridlock Returns To Washington

As of Thursday morning, Bloomberg, the Associated Press and others have Joe Biden standing on the brink of the 270 electoral votes he needs to clinch the presidency, although Donald Trump is not far behind – and could very well turn it around. Meanwhile, Republican lawyers have opened up legal fights to stop counting in…