Tag: Politics
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As China’s economy reels, youth unemployment has hit 21% — on par with Italy. A Dollar An Hour – With a College Degree From a Financial Times report: Job opportunities scream from posters at an employment fair in central China’s Zhengzhou. “Join us for the future!” urges one advertising positions…
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Who do you think are the largest employers in America? General Motors, McDonald’s, maybe Starbucks? Just 14 years since the launch of Uber, gig work platforms are now 3 out of the top 5 employers in the country. Here’s Forbes’ list of America’s largest employers: Let’s add gig work. The…
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Who will be the last fast food worker in California? Yesterday, California passed a new law dramatically raising fast food wages. It sounds like a victory for the working class. But it’s likely to put them out of a job. Get the blog before anyone else…subscribe! From Bloomberg: California Governor…
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A new law introduced in Congress could mean the end of some major short sellers. According to a report that broke this morning on TheStreet, the law would require disclosure of short positions by large investors. Today, big investors like hedge funds have to disclose the stocks they own quarterly.…
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Hedge funds are going all out to stop the SEC from implementing new disclosure rules. Now they have some help from an academic group whose finances are shrouded in secrecy. From a report that broke yesterday in Institutional Investor: …hedge funds aren’t fighting the SEC alone: A new organization, which…
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+ Business+ AMC, Finance, Gamestop, Hedge funds, Investing, Money, Politics, Reddit, Stock Market, Stocks, Wallstreetbets+
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Never miss a post…subscribe! You don’t need me to tell you that oil and gas prices are through the roof these days. Gas stations are changing numbers faster than slot machines. And the explosion in prices is sowing fear in the stock market. But I think this huge spike in…
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The UK has vaccinated faster than almost anywhere on earth: And it’s working! Cases have fallen off a cliff, dropping by almost 90% in just two months: The US is actually not far behind the UK in vaccinations per person anymore, although we were significantly behind until recently. And we…
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A huge untold story of the world today is how far Europe has fallen behind the US economically in recent decades: Here are the 2019 numbers (in 2019 dollars, again World Bank) US: $65,297. UK $42,330. That’s 35% less than the US. Or, the US is 54% better off than…
Tremendous 