Categories
Coronavirus Economy

Federal Stimulus Approaching Moral Hazard

Incredibly, the stock market is reaching unprecedented highs thanks to a constant purchase of corporate debt by the US Federal Reserve. NASDAQ had a record day today as money trickles into riskier stocks. The US Federal Reserve is freely purchasing positions in ETF’s (Electronically Traded Funds) which is helping support the value of stocks. Propping […]

Categories
Protest

Reports of Violence Against Journalists Mount as U.S. Protests Intensify

8:05 pm ET June 1, 2020 (Dow Jones) Print By Benjamin Mullin Journalists covering the unrest in major U.S. cities stemming from the death of George Floyd are coming into harm’s way, with dozens claiming they have been beaten, chased or even shot at while on the job. Reports of run-ins with protesters or police have come […]

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California Orange County Riverside County

Southern California Now On Curfew

As news outlets continue to focus on looting, the autopsy of George Floyd now conducted by an independent coroner has determined that the killing was only purely the result of asphyxiation. A curfew has gone unprotested. Sadly, most of the news items are defined by correspondents who are not really reflective of the local public, […]

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California Facebook Protest Santa Ana ZuckerTrump

Trump Had A ‘Productive’ Call With Facebook CEO Day After He Signed Executive Order Targeting Social Media: Report

4:47 am ET June 1, 2020 (Benzinga) Print President Donald Trump held discussions with Facebook Inc. (NASDAQ: FB) Chief Executive Officer Mark Zuckerberg over the phone the day after he had signed an executive order targeting social media legal immunity, Axios reported Sunday. What Happened Both sides described the conversation as “productive,” according to Axios, but more details on the […]