Meta announces end of its DEI programs. Read the memo.
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of President-elect…
S&P 500 Earnings 2024 Q3: Still Overvalued
S&P 500 earnings are in for 2024 Q3, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 Index, indicating where the…
The Best Five Sectors, #2
The composition of the top five sectors remains unchanged this week, despite an interrupted trading week. This stability comes against a backdrop of mixed signals and potential defensive rotation in…
S&P 500 Breakdown Alert! Downside Targets Explained
S&P 5850 has been the most important “line in the sand” for stocks since the pullback from the 6000 level in November 2024. With the SPX closing below that 5850 level…
Stock Market Panic: Why Strong Jobs and Inflation Signal Trouble Ahead
December non-farm payrolls data came in much hotter than expected. More jobs were added, the unemployment rate dipped slightly, and average hourly wages rose. Overall, it was a solid employment…
‘Powerful tool’ for China: Government defends pending TikTok ban
In oral arguments before the Supreme Court Friday, lawyers for the Biden administration reiterated their argument that TikTok’s Chinese ownership poses a ‘grave’ national security risk for American users. U.S.…
DOGE reps launch meetings with federal staffers in effort to cut government waste: report
Aides for Tesla and Space X CEO Elon Musk and tech entrepreneur Vivek Ramaswamy are starting to interview staffers with the federal government for the newly created Department of Government…
Tulsi Gabbard changes tune on controversial intelligence tool following GOP lobbying
Tulsi Gabbard, who is President-elect Donald Trump’s choice to be Director of National Intelligence (DNI) in his next administration, has reversed course on a controversial item after lobbying from Republican…
Dems eerily silent on Trump sentencing as they prepare for Republican trifecta in Washington
Democratic lawmakers were noticeably silent following the sentencing of President-elect Donald Trump despite previously commenting on the cases against him, as Washington prepares for a Republican trifecta in Congress. Trump…
Trump fills latest Cabinet spots as Jan. 20 inauguration nears
President-elect Trump announced his latest picks to join the growing number of Cabinet choices as his Jan. 20th inauguration nears. Trump, in a Friday evening announcement, said that Bill Briggs…