by Daniel White | Nov 25, 2024 | Economy
November 25, 2024 There’s a bull market happening right now, but it’s not in stocks. I’m talking about the bull market that’s occurring in bankruptcies. This year’s second-quarter data for Chapter 11 bankruptcy filings shows 2,462 defaults among U.S. corporations,...
by Daniel White | Nov 18, 2024 | Economy
November 18, 2024 This past earnings season was great, right? Well, earnings looked good because Wall Street lowered the bar. Third-quarter earnings season started with the big banks, which largely exceeded analysts’ expectations. Naturally, that set off a flurry of...
by Daniel White | Nov 11, 2024 | Economy
November 11, 2024 The “two Americas” problem is getting worse. Most working-class Americans are suffering because of the country’s disastrous runaway government spending that’s inflating away real wages. Car repossessions are soaring as credit card...
by Daniel White | Nov 4, 2024 | Economy
November 04, 2024 Warren Buffett’s company, Berkshire Hathaway, has made a lot of money investing in stocks over the years. But lately, Buffett has been selling like crazy. Bank of America’s stock is a longtime favorite of Berkshire. But Buffett’s company has sold the...
by Daniel White | Oct 28, 2024 | Economy
October 28, 2024 There seems to be a disconnect between Wall Street and Main Street. Of course, that’s nothing new. But why is it happening now? Well, the stock market seems unstoppable. Major indices set new all-time highs despite deepening signs of recession, out of...
