Homes Owned By Black Americans Are Undervalued By Billions Of Dollars | Velshi & Ruhle | MSNBC

How The US-China Trade War Turned Into A Currency War

The trade war took a dangerous turn and is now morphing into what many arecalling a currency war.It’s all out economic warfare between the two biggest economies in theworld.U.S. and China.Two key developments took us here.The Chinese currency weakened passed a significant level that investorswere thinking maybe China would defend—an indication perhaps that Chinawas stepping…

Why Facebook’s Libra Cryptocurrency Is In Trouble

I actually don’t know if libra is going to work,but I believe that it’s important to try newthings. When Facebook first announced it wasgetting into the crypto business with a basicallyunregulated currency called libra, the reactionfrom Wall Street and government bankers was aboutas expected. Libra raises a lot of seriousconcerns. I’m not a big fan…

The Rise And Fall Of AOL

Welcome. You’ve got mail!I do recognize that.That’s all AOL.If you’re familiar with my sounds, there’s a good chance that you were one ofAOL’s over 20 million subscribers who used its dial up internet and AIMmessaging system.What was your AOL user name?Bsquad.Bsquad?My AIM screen names were bugsthatboy and traineeboyC.I recall my AOL name being mockalot.AOL was…

Tesla Q1 2019 Earnings Call (no ads)

(mellow funky music) – [Sherry] Today. At this time all participants are in listen-only mode. Following the prepared remarks, there will be a question-and-answer session. If you would like to participate in this portion of the call, please press the star, then 1 key on your touch-tone telephone. If any assistance is needed any time…

What Will Cause The Next Recession – Gary Shilling Thinks It’s The Fed

I’m A. Gary Shilling. I’m president of A. Gary Shilling, a company we’re economic consultants and investment advisors.Well I’m known for looking at, looking for bubbles.I- I- I- I think we’re headed for a recession.I- I- I think that housing is going to see a substantial price decline.Housing is starting to fall apart.I’ve had reasonably…

How Robinhood Makes Money

It’s a theme as old as money itself. The struggle between the rich and the poor.And it became especially apparent after the financial crisis. People were losingmoney hand over fist in the market, millions lost their jobs and their homes.Trust in Wall Street was at its lowest point in memory. People were protestingin the streets.…

The Difference Between The Stock Market And The Economy

As an investor you will encounter dayswhere the Dow is up 1000 points.We have the Dow intraday…the biggest points gain ever.One thousand and thirty six.You will also encounter days where theDow was down 800 points.The Dow Jones Industrial Average tumbled by 831 points, that’s 3.2%.The Dow dropping more than 650 pointsthe largest December decline since…

How Amazon Paid $0 Federal Income Tax in 2018

Amazon is a very sophisticated tax player.Amazon is very much the canary in the coal mine.They’re really doing what a lot of politicians wish more companies would do.Amazon is a huge company, but you know just how huge it really is.We start with amazing Amazon somewhere CEO Jeff Bezos is smiling.It’s one of only two…

How Joe Biden Made His Millions

Joe Biden used to joke about being the poorest member of Congress.Don’t hold it against me that I don’t own a single stock or bond.Don’t hold and I have no savings account.Now he’s among the richest Democrats running for president.Life after the vice presidency fattened Biden’s wallet.He and his wife Jill made more than $15…