NEW YORK—Stocks are returning to records on Wall Street Friday after the head of the Federal Reserve said it’s still likely a ways away from raising interest rates, even if it does begin dialing back its support for the economy later this year. The S&P 500 was 0.7 percent higher at 4,502 in midday trading…
Stocks Return to Records on Wall Street Following Fed Speech
August 27, 2021
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Investors Borrow Less to Buy Stocks for First Time Since Pandemic Began, an Ominous Sign
U.S. investors cut their use of leverage in July, marking the first month since the onset of the pandemic that saw a reduction in the use of margin debt to buy securities like stocks, potentially a warning sign for markets buoyed by heavy use of borrowed money. Data from the Financial Industry Regulatory Authority (FINRA)…
The Great American Weakness
Commentary The headlines of the Wall Street Journal today call attention to a great American weakness—love of money over the country. The headline says: “China’s Huawei Hires Democratic Lobbyist Tony Podesta.” By itself that may not mean much to the vast majority of readers. So let me explain. Tony Podesta is the brother of John…
Why Wall Street’s Love Affair With Beijing Is Sparking Concerns
This special report on Epoch TV delves into Wall Street’s love affair with the Chinese regime. The two’s relationship is no secret, but it’s becoming more of a concern. That’s because their interests are increasingly going against those of the American people—and it’s got U.S. officials openly talking. U.S. National Security Adviser Jake Sullivan said…
Wall Street Firm Blackstone Invests $6 Billion in Single-Family Homes
Investment firm Blackstone Group acquired 17,000 single-family rental homes on Tuesday in a deal worth $6 billion. Blackstone, an asset management firm that focuses on alternative investments, acquired Home Partners of America (HPA) along with its 17,000 home inventory, the firm announced in a statement Tuesday. Blackstone will continue HPA’s business model of offering its…
Wall Street’s Cozy China Connections
Commentary If there’s one area of bipartisan agreement, it’s that the Chinese Communist Party (CCP) presents a grave threat to the free world and our way of life. So, why is Wall Street still financing Beijing’s authoritarian ambitions—with Main Street American investor money? Greed. For decades, Beijing has used Wall Street’s insatiable appetite for profit…
Who Bought Whom?
Commentary The Reuters headline said: “BlackRock expands footprint with wealth management in China.” It should have said: “Beijing Gets a Chokehold on BlackRock and Its CEO Larry Fink.” Reuters was reporting the superficial fact that the financial authorities of China gave permission last week to BlackRock (a major Wall Street Investment Fund) to operate a…
For Many of America’s Elites, China and Communism Have Already Won
Commentary Those who thought America was turning communist I would privately think of as paranoids. No longer. This change evolved from my observation of how communism is actually practiced in the People’s Republic of China, Cuba, and the former Soviet Union—all of which I visited. It was readily apparent that little in these countries favored…
Wall Street Has Officially Thrown In Its Lot With Beijing
May 31, 2021
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Commentary Despite tensions between Beijing and Washington ratcheting up over the last five years, Wall Street firms have steadily increased their business footprint in China while carefully navigating the political whirlwinds. But recent events involving the two of the most important firms on Wall Street signal that the industry is resolute in making China its…
NTD Business Full Broadcast (April 30)
Big oil companies Exxon Mobil and Chevon report earnings. Both back in the black for the first quarter, boosted by higher oil prices. New York City is set to fully reopen soon. NTD takes it to Wall St to see whats happening there. We talk to a CEO and business leaders at different stages of…
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