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New Economic Data to Affect the Election

The state of the economy in 2020 will more than likely determine the winner of the presidential election.
This is because when the economy is good, incumbent presidents are usually elected – but when the economy is bad, they rarely are. And an important data point in the debate came out Friday with the release of the monthly jobs report…
The report usually comes out on the first Friday of every month. Last week, it showed that the economy added 225,000 jobs in January. At the same time, nearly half a million Americans felt encouraged by their job prospects and resumed looking …read more […]

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Fed to Withdraw More Liquidity Than Expected Amid Funding Calm

(Bloomberg) — The Federal Reserve Bank of New York will shrink its repurchase-agreement operations more than analysts expected, starting with Friday’s overnight offering, a sign officials are comfortable removing liquidity without upending funding markets.The central bank on Thursday announced a new schedule for both overnight and 14-day term repo operations through March 12. Starting next week, the term offerings will drop by $5 billion, to a maximum of $25 billion, and those starting March 3 will shrink again, to a maximum of $20 billion. The bank’s daily overnight operations, meanwhile, will drop by $20 billion, to a limit of $100 …read more […]

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Top 10 Gold Stocks List 2020

Gold prices hovered around $1,300 for the first half of last year. But since, the shiny metal has climbed over 20%. Starting in the first few months of 2020, gold is trading above $1,550 per ounce. If the price continues to climb, it might be a great time to add a few top gold stocks to your portfolio.
That’s why I’ve put together this list of gold stocks. It includes gold mining companies by market cap. This is a great starting point to find high risk-to-reward investment opportunities. And below the list, I’ll show you how to invest in these companies.
Top …read more […]

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Musk’s Personal Borrowing Climbs Even With Tesla Stock Surging

(Bloomberg) — Tesla Inc. may be selling more stock to help fund its global expansion, but its billionaire chief executive officer is taking a different approach for his personal cash needs: he’s borrowing it.Elon Musk has $548 million in personal loans from Morgan Stanley, Goldman Sachs Group Inc. and Bank of America Corp., according to a regulatory filing Thursday, an increase of about 8% since Tesla’s previous disclosure in May.Tesla will sell about $2 billion of common stock to help fund capital expenditures, the electric-vehicle maker said in the filing. Musk, 48, and fellow billionaire Larry Ellison, a member of …read more […]

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Understanding Put Selling With Advanced Micro Devices

Last week, War Room members closed out a put sell position on Advanced Micro Devices (Nasdaq: AMD) for gains between 33% and 45%, depending on their entry prices.
These gains occurred in just seven days!
While seven days seems like an eternity compared with some of our other trades that we’ve closed out of in a matter of minutes or hours, something makes this trade and others like it very, very different.
We recognize that we have every type of investor in The War Room, from green recruits to seasoned generals… which is why we have adopted a mentality of making every type …read more […]

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Bernie Sanders Blasts Embattled Utility PG&E Before California Primary

(Bloomberg) — PG&E Corp., the California utility that’s still struggling to emerge from bankruptcy court, is being dragged into another brutal arena — the presidential campaign.A new ad from Senator Bernie Sanders blasts the power company for repeatedly sparking deadly wildfires, and uses the devastation to argue for his version of a Green New Deal. It signals that the contender for the Democratic presidential nomination sees PG&E as a useful foil as California gears up for its March 3 primary vote.Sanders has built a strong operation aimed at winning in the state, with more campaign offices there than any candidate …read more […]