More than 160 retired generals and admirals recently signed a letter calling on Congress to remove so-called diversity, equity, and inclusion (DEI) programs from the Department of Defense and remove funding for such programs from the 2024 National Defense Authorization Act (NDAA). …
via dailymail.co.uk: Rent growth is outpacing increases in income across the country – adding to the financial squeeze on tenants. Average rents have risen by 134.9 percent since 1999, while incomes have gone up by 76.8 percent in the same …
One study looked at 800 companies, and found that after companies did trainings, they actually came to have FEWER black managers. How is that possible? Erec Smith, a former DEI trainer, now a Professor of Rhetoric at York College, tells …
by confoundedinterest17 Joe Biden should be nicknamed “The Punisher” for his new woke mortgage idiocy. Starting yesterday, the Federal Housing Finance Agency’s mortgage pricing adjustments will increase fees for borrowers with high credit scores while reducing costs for those with …
by Simon Black This isn’t over yet. Last week after Silicon Valley Bank went poof in a matter of hours, I wrote that this financial catastrophe is just getting started: “Like Lehman Brothers in 2008, SVB is just the tip …
That’s all fine until there’s a bank run. Then they might need to reclassify them as AFS and sell at a loss to meet the withdrawals, which was supposedly likely to happen at SVB before FDIC took over. They already …
by confoundedinterest17 Interest rates are an important driver of the economy and financial markets. And what has happened to the S&P 500 index since The Federal Reserve started raising their target rate on May 4, 2023 to fight surging inflation? Since …
by confoundedinterest17 As the economy weakens and The Federal Reserve tightens (to fight inflation), we are seeing the lowest level of S&P 500 equity risk premiums since before the financial crisis. Way to go, Mayor Pete amd Dementia Joe!
As public officials across America prepare to funnel even more of government workers’ savings to private equity moguls, an alarm just sounded for anyone bothering to listen. It is a warning that Wall Street executives, busy skimming fees off retirement …
Development (HUD) is taking steps towards requiring state and local governments to submit “equity plans” to the federal government to display compliance to fair housing rules. President Biden’s HUD submitted a proposed rule that would require local governments to submit …
The U.S. Department of Energy, the nation’s chief funder of the physical sciences, is requiring scientific grant applicants to demonstrate their commitment to social justice ideals. The new policy, which began in October 2022, requires grant proposals that are submitted …
Investors rounded off a bruising year of rising interest rates and high inflation by retreating from equity funds at the fastest pace in more than two decades. New data from EPFR show a net withdrawal of nearly $42bn from global …
A Seattle official has been handed a sarcastic award for banning city workers from displaying Christmas or Hanukkah decorations in their own homes while on Zoom calls to avoid offending colleagues with different beliefs. Gloria Ngezaho is the workforce equity …
Barry doesn't want the gravy train to end. $stwd "Our market rate multifamily portfolio experienced rent growth of 18% year over-year on new leases and mid-13% on combined new and renewal leases over the trailing 30, 60 and 90 days …
Biden administration unveiled a public-private partnership to help advance female leadership in searching for climate change solutions during the COP27 climate conference in Egypt The $6 million initiative is a partnership between Amazon and a US government agency US President …
THE PROBLEM WITH HIRING FOR EQUITY IS THAT WE DO NEED COMPETENCE: The Supreme Court Confronts the Left’s Victimhood Consensus. Although the Civil Rights Act of 1964 reasserted the principle that no one should be discriminated against based on race, it …
by jessefelder The following is an excerpt from a recent report featured on The Felder Report PREMIUM. Despite all the worries over the possibility of a recession in the quarters ahead, the stock market seems to have priced in a “soft …
In just 12 months several big caps lost more than 70% of its market cap. If we are not in recession, what kind of economical condition we are? $META $PYPL $ROKU and so on…… — Antonio Costa (@ACInvestorBlog) November 3, …
US equity advisory optimism at its lowest since 2008. pic.twitter.com/oXIqDGHplG — Longview Economics (@Lvieweconomics) October 18, 2022 While earnings remain inflated, the great disconnect between equity prices and earnings has come off a long way. pic.twitter.com/apBUgNVNsi — Steve Donzé (@steve_donze) …
VP Harris slammed for saying Hurricane Ian aid will be ‘based on equity’ “We have to address this in a way that is about giving resources based on equity, understanding that we fight for equality, but we also need to …
The Asian dude described “equal opportunity” not “equity.” Anyone with a brain is for equal opportunity. Equity is equal outcome, which means everyone gets the same thing in the end, both the smart guy that works his ass off and …
What is amazing is how EXPENSIVE this market is relative to rates. The spread between the #sp500 Earnings yield and the 10-Yr nominal rate is at multi-year lows. Even after today's drop. Stocks just not dropping fast enough to keep …
by EightFolding What are your favourite Equity REITs? Are any of them performing well at the moment? I had been avoiding real estate because as a sector it’s doing so badly. But I was interested to read this analysis that …
Looting and burning is a pathway to social justice. That’s the message from a video recently added by Chicago Public Schools to its website as a response to perceived economic injustice for blacks. The district calls the video an “equity tool,” but the …
We’re regressing BREAKING: Portland restaurant comes up with innovative new idea to promote racial equity: Creating separate sections for black and white diners. "We want to provide a safe space for our diners of color to ease the trauma of …
https://www.wsj.com/articles/sec-considers-routing-equity-trades-into-competitive-auctions-gensler-says-11654705854?mod=Searchresults_pos1&page=1 SEC Considers Routing Equity Trades Into Competitive Auctions, Gensler Says The change would be part of a broader set of changes to the stock market’s plumbing that aim to reduce costs for investors Securities and Exchange Commission Chair …
https://t.co/RNcrLvaMuA — Markets & Mayhem (@Mayhem4Markets) May 15, 2022 Seriously, WTF!! Is JPM on the hook for this loan against Ponzis?? https://t.co/WohXV2BF1Q In 2008, the rot was in CDOs. This cycle it’s all in VC… pic.twitter.com/pSk5biQA3s — Kuppy (@hkuppy) May …
What did we learn today? 1. Fed days are invitations to squeeze the stupid short money, and 2. Equity market wont get really hurt until credit markets (high yield) demand more QE and Powell refuses. 3. Junk is currently closed …
by visualcapitalist The Briefing U.S. equity fund flows sank to $48 billion in February, a 70% decline from March 2021 Large growth funds continue to see outflows as Russia’s invasion of Ukraine escalates U.S. Equity Funds Post Slower Inflows Investors are …