China isn’t a country that cares a lot about human lives or human rights. Their 1 focus is economic growth and progress. So, I was a little surprised when I first heard about China’s draconian policies about containing the coronavirus epidemic. Just a few weeks earlier, Chinese government officials tried to silence whistle blowers, hide […] …read more […]
It is possible that, in a connect-the-dots sort of way, the coronavirus might beat the president.
Hear me out. Presidents tend to lose reelection when their first term ends in recession…
It happened to George Bush (41). It happened to Jimmy Carter. It happened to Herbert Hoover. (Though Hoover didn’t just lose in a recession – he lost in the middle of the Great Depression.)
But should the coronavirus damage markets further… could it happen to President Trump?
Indicators I’ve been following have been pointing to a recession – thus suggesting that reelection may be a pipe dream – for some time.
Clue No. 1: …read more […]
Billionaire Paul Singer’s Elliott Management has taken a ‘sizable stake’ and intends to ‘push for changes’, reports Bloomberg NewsA major Republican donor has purchased a stake in Twitter and is reportedly seeking to oust its chief executive, Jack Dorsey.Bloomberg News first reported that Elliott Management has taken a “sizable stake” and “and plans to push for changes at the social media company, including replacing Dorsey”.Paul Singer, the billionaire founder of Elliott Management, is a Republican mega-donor who opposed Donald Trump during the real-estate magnate’s run for the presidential nomination but has since come onside.After a White House visit in February …read more […]
The idea of a Rivian IPO excites investors. The electric vehicle (EV) market is growing and they want a piece of the action.
For decades, scientists and politicians having been using the phrase “climate change.” And with that idea comes the need for eco-friendly solutions like future EVs. While Tesla is the leading electric automaker, the younger and less-known company is making waves. Rivian recently revealed new vehicles. Now, investors are wondering if a Rivian IPO will follow.
The company hasn’t yet manufactured its vehicles for retail. Still, Rivian is turning heads. Big-name investors are putting money towards the project. And when …read more […]