Sorry Jack – TWTR closes down 21%
After a lackluster performance at a congressional hearing Wednesday, Jack Dorsey’s Twitter closed down 21%, its worst day since 2014. This is despite the company […]
Month: October 2020
Bat signal to Millennials – Apartment Prices are Falling
COVID-19’s far-reaching grasp has started to impact the price of rentals globally, one possible positive ramification of the virus. Apartment prices in some of the […]
NBA anticipates 40% drop in revenue for 2020/2021 season
Amid falling NBA viewership, the league announced that its revenues dropped 10% to $8.3 billion for the 2019-20 season. This could be a result of […]
ECB decides to maintain rates and QE – Oct/2020
With heightened restrictions looming with the second wave of COVID 19 ravaging Europe and a credibility crisis, the ECB has chosen to hold their rates […]
US GDP +33.1% in Q3 – Breaks record for all time gain
After an abysmal Q2 which saw US GDP fall by over 30%, today, the BEA reported that in Q3 the US economy grew by 33.1%, […]
NXIVM founder Keith Raniere sentenced to 120 years in prison
S&S reported a few weeks ago on the HBO mini series “The Vow”, based on the defecting of a few members of the now defunct […]
Trump Win = Most Favorable Market Outcome: JPM
Over the past 8-12 weeks, JPMorgan and other Wall Street Banks have been engaged in a comprehensive campaign to ease client fears that a Biden […]
3Q Earnings in Full Swing: OTW- Week of Oct.26/2020
With the US election near its critical stage, highlights for the week of Oct.26 2020 include ECB and BoJ meetings on Thursday. The ECB’s economists […]
USS Zumwalt – NextGen US Navy Destroyer
2020 will always be remembered as a forgotten year, as days turn to months due to national lockdowns, many will be happy to turn the […]
Space X – the $100 billion dollar sure thing?
SpaceX, Elon Musks’s next brainchild, is expected to be a $100 billion company, according to Morgan Stanley. The American bank doubled its long-term valuation estimate […]