To The Moon

-- What President Joe Biden touted as a historic U.S. federal investment program that will position the country to win the global innovation race still leaves it well behind China’s continuing, giant infrastructure upgrading campaign.While the top-line for Biden’s American Jobs Plan is $2.25 trillion, China’s government and private companies pour the equivalent of trillions of dollars each year into new infrastructure ranging from transport to communications networks, water projects to manufact

Oil prices lost $3 per barrel on Thursday as worries about demand due to new pandemic restrictions i

Fed chair plays down higher yields, pins on brighter outlook Sees inflation advancing this year but

Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o

Recently, I laid out the arguments supporting Wall Street’s most bullish of theses on Apple stock. Some of the highlights included the doubling of services and wearables revenues in five years, the 5G super cycle, the greenfield Apple Car opportunity, and an acceleration in share repurchases.Now, I look at the flip side of the coin. How would one support the most bearish argument on Apple shares?At least one analyst has compiled a laundry list of items that makes him fear for a 35% drop in the s

The electric vehicle maker is now trading about 25% below the all-time high it hit earlier this year

New York/Hong Kong - Warren Buffett has just joined the world's most exclusive club of the mega rich.The legendary American investor was worth $100 billion on Thursday, according to the Bloomberg Billionaire's Index. That puts him in the company of just five other men above that threshold. And he's now the sixth richest person in the world, ranking just behindFacebookCEO Mark Zuckerberg.The 90-year-old Buffett has added nearly $13 billion to his net worth this year as shares in his industrial a

Tesla was up 3%. Apple and Facebook jumped at least 2%, while Amazon, Alphabet and Microsoft shares