People wear protective masks when shopping at a market outside the Nucleon district during the second wave of coronavirus epidemics on October 27, 2020 in Berlin, Germany. Getty Images European stocks fell for a third straight session on Wednesday, with US equity futures also falling as investors struggled on a …
Read More »GM and Ford knew about climate change 50 years ago, energy holiday trade release exposed
GM President Mark Reese spoke in January about plans for an all-electric SUV and pickup truck at the Detroit-Hemtramac assembly plant. AFP by Getty Images Scientists from the two largest car manufacturers in the United States learned in the early 1960s that emissions from cars and trucks had changed the …
Read More »European stocks fall after SAP profit warning and new COVID-19 ban
On October 24, 2020, Italian anti-riot police clashed with protesters in the center of Naples, southern Italy, over measures to combat the spread of COVID-19. Carlo Hermann / Agency France-Press / Getty Images European stocks traded lower on Monday in a combination of concerns, including a profit warning from business …
Read More »Ready for another big tech hearing / earnings doubleheader?
Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
Read More »Tech giants risk a 2001-style valuation collapse, says colored sockgen strategist
Albert Edwards, a London-based provocative strategist for the French bank society Génrale, has been predicting for decades that the US and Western Europe will follow Japan into an era of deflation and ultrallo bond yields, which he calls the “Ice Age”. Even though some of his warnings about the stock …
Read More »