Commentary This Monday’s rally amounted to the 69th time the index has hit a new record high this year. The rise has been unbelievable, with the S&P closing on the upside nearly 30% of trading days. The S&P is up year to date 24%, Dow Jones up 19%, and NASDAQ up 19% as of the…
NTD Business Full Broadcast (Nov. 24)
The CEO of JP Morgan apologizing to the Chinese regime because of a joke. What did he say? And why does he regret it? A Canadian energy company suing the Biden Administration. It’s trying to recoup losses from the canceled Keystone XL Pipeline project. And Shares of Gap and Nordstrom plummet today, after reporting weak earnings due to supply chain…
JP Morgan CEO Jamie Dimon Calls Bitcoin ‘Worthless,’ Says It Will Be Government Regulated
JP Morgan chairman and CEO Jamie Dimon has branded Bitcoin as “worthless” and said that governments will soon regulate cryptocurrencies. Dimon has been outspoken about digital currencies in the past, previously telling Axios that it has “no intrinsic value” and that regulators are going to “regulate the hell out of it.” At a virtual event hosted by…
Top Wall Street Executives Say Inflation Could Be Worse Than Predicted
Two of Wall Street’s top CEOs have differing views on inflation, but both diverge from the Federal Reserve’s predictions that price increases are transitory and will fade away once the supply shocks and other pressures ease. Larry Fink, chairman and CEO of BlackRock, the world’s largest asset manager is convinced that inflation is not temporary…
US News
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