Nike’s Kaepernick Ad Has Cost The Company Over $4 Billion So Far

Since announcing their new advertising campaign will be led by Colin Kaepernick, the social media backlash has dominated the virtue-signaling efforts we presume they hoped for. With images of Nike apparel and footwear being burned and real sacrifice being discussed, it appears investors are growing disillusioned as NFL fans as Nike shares are down over 3% in the pre-market. […]

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Janet Yellen calls stock market, real estate valuations ‘high’ in last interview before exit as Fed chief

Janet Yellen, whose last day at the Fed was Friday, told CBS that stock market valuations are “high,” though she’s not sure if they’re in a bubble. The comments came amid an aggressive market sell-off that saw the Dow industrials lose 666 points Friday. Yellen has ended a 14-year career at the Fed, the last […]

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Are We Being Set Up For A Crash? Stocks Hit A Level Only Seen During The Bubbles Of 1929, 2000 And 2007

by Michael Snyder Will the financial bubble that has been rapidly growing ever since Donald Trump won the election suddenly be popped once he takes office?  Could it be possible that we are being set up for a horrible financial crash that he will ultimately be blamed for?  Yesterday, I shared my thoughts on the […]

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Wal-Mart’s Worst Stock Crash In 27 Years

Now that a major global recession has begun, you would expect major retailers like Wal-Mart to run into trouble as consumer spending dries up, and that is precisely what is happening.  On Wednesday, shares of Wal-Mart experienced their largest single day decline in 27 years after an extremely disappointing earnings projection was released.  The stock […]

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