Free Republic

The first half of 2023 will come to a close on Friday. And when it does, one of Wall Street's big predictions for 2023 will officially be a bust — the stock market did not fall and the US economy did not enter recession. When the year began, we flagged a "surprising consensus" among Wall Street strategists, many of whom expected a dip in the stock market in early '23 as the economy fell into a downturn before a rebound over the second half of the year. Instead, investors have been treated to a stock market rally accentuated by AI...

Electric-vehicle stocks moved higher on Wednesday following the release of Biden's $2 trillion infrastructure plan. The plan would invest $174 billion in the electric-vehicle market to better compete with China. Shares of Tesla, Fisker, and Lordstown Motors were higher by as much as 4% in Wednesday trades. ____________________________________________________ The electric-vehicle sector got a boost on Wednesday with the release of President Joe Biden's $2 trillion infrastructure proposal. The bill would carve out $174 billion for the EV sector, as Biden aims to better equip US companies to compete with China, which has a bigger market share of plug-in electric vehicle...

The “poll results” that you see are never, I repeat, never intended to reflect the voting plans, thinking, preferences, or views of any segment of the population.  “Polls” are intended to “push” you into voting, thinking, preferring or holding the view endorsed by the pollster - ipso fatso they are “push polls”.At one time the stock market put the “capital” in capitalism, now it serves as more of a slot machine in what has become Wall Street’s giant casino. And like every other gambling establishment it attracts more than its share of shady characters looking to manipulate, control and benefit...

Political Director of ABC News, Rick Klein pleaded with investors today to tank the stock market in order to “shake things loose” in the GOP ranks. In his ABC’s The Note piece today, Klein seriously proposed a stock sell-off designed for the express purpose of breaking the will of Republicans. When does Wall Street cast its vote? Bipartisan meetings are nice, and new plans that depend on the other side budging certainly can’t hurt at this stage of a standoff. But there may be only one way to jolt the system: SELL. Klein’s rationale: recent talks with beltway strategists suggest the GOP is...

Last week’s bid by the Hong Kong Exchanges (HKE) for the London Metal Exchange (LME) flew under the radar, but its underlying importance is paramount. In the most expensive bid ever for an exchange, HKE is looking to acquire the world’s largest metals market place for more than $2 billion, shifting the global hub for metals trading to the East.Furthermore, as China gradually becomes the world’s most important player in the gold and commodities markets, it will strengthen its grasp on the global gold trade, which it set out to do in its latest Five Year Plan. As the world...

Markets TANK In Final Moments Of The Day: Here's What You Need To Know Joe Weisenthal May 26, 2010, 4:00 PM After surging by as much as 2% at one point, markets collapsed in the final moments of the day, a session that will prove very dispiriting for the bulls. But first, the scoreboard: Dow: -70 (below 10,000!) S&P 500: -6.2 NASDAQ: -15.07 And now, the key stories. * Once again, the see-saw market is the story of the day. Stocks were up very big early, following a good overnight session, and then collapsed in the final hour. * The...

European stock markets pushed sharply higher Monday, while sovereign debt markets slumped, as market participants reacted to news of a hefty €750 billion ($955 billion) rescue package to stabilize the euro and prevent the Greek debt crisis from affecting other member countries.

'at centre of hedge funds plot to cash in on fall of the euro' A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro. Representatives of George Soros's investment business were among an all-star line up of Wall Street investors at an 'ideas dinner' at a private townhouse in Manhattan, according to reports. A spokesman for Soros Fund Management said the legendary investor did not attend the dinner on February 8, but did not deny that his firm was represented. At the dinner, the speculators...

The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates.

Commentary: Time to worry -- they're recommending themselves One sure sign that the markets may be getting ahead of themselves this summer: Wall Street banks are recommending each other's shares again. Citigroup (C 2.89, -0.08, -2.66%) got on its squawk box Wednesday with an analyst report claiming that shares of rival Bank of America (BAC 12.76, -0.29, -2.22%) may be the best bank buy out there now. The TARP-ridden banking giant said its government cash-infested competitor will return to normalized earnings in a couple of years and slapped an $18 stock target on the shares, up more than a third...

We’ve just seen the biggest bogus stock market rally in our lifetime, built on the most blatant pack of lies we’ve ever heard: Wall Street and Washington say the financial crisis is behind us. But the International Monetary Fund (IMF) has just trashed that theory faster than a high-speed paper shredder. They say big banks can’t fail. But behind the headlines, key Fed officials are now admitting that the “too big to fail” doctrine is, itself, failing.

While the U.S. Congress (and American left in general) is demonizing anyone in the financial sector that’s making any kind of money, here’s one gentleman Barney Frank would never dream of grilling up on the Hill. And talk about the days of seat-squirming the left would be doing after such testimony… George Soros, who predicted the global financial crisis twice before, was one of the few people to anticipate and prepare for the current economic collapse. Mr Soros said his prediction meant he was better able to brace his Quantum investment fund against the global storm. But other investors failed...

EIR Investigation Executive Intelligence Review (EIR), November 1, 1996 The dossier that follows is based upon a report released on Oct. 1 by EIR's bureau in Wiesbaden, Germany, titled "A Profile of Mega-Speculator George Soros." Research was contributed by Mark Burdman, Elisabeth Hellenbroich, Paolo Raimondi, and Scott Thompson. ............................................................................ Time magazine has characterized financier George Soros as a "modern-day Robin Hood," who robs from the rich to give to the poor countries of eastern Europe and Russia. It claimed that Soros makes huge financial gains by speculating against western central banks, in order to use his profits to help the...

Hungary's financial supervisory watchdog announced Friday it had slapped a 1.6-million-euro fine on an investment fund founded by US billionaire George Soros, for manipulating the market. The PSzAF said it had fined Soros Fund Management LLC for transactions on the Budapest stock exchange on October 9 that led to a "significant loss in value" of Hungarian OTP bank stocks, which fell in days from 4,000 forint (13.2 euros, 17.86 dollars) to 2,500 forint. The PSzAF "is imposing a 489-million-forint fine on Soros Fund Management LLC... for violating the rules regarding the illegal manipulation of financial markets," the supervisory authority said...

It's bad enough that American taxpayers have to bail out the privately owned, tax-exempt Freddie Mae and Freddie Mac. But it's truly outrageous that tax dollars will also go to groups involved in voter fraud and illegal immigration. The small print in the $42 billion bailout passed by Congress and signed by Bush requires those two government-sponsored mortgage giants to deposit 4.2 percent of all new mortgages they underwrite into the National Affordable Housing Trust Fund. Here's the catch. The Trust Fund - the largest expansion of federal housing assistance since LBJ's Great Society - is required to make grants...

Hedge fund manager George Soros says he has finally found his footing in Washington. A pariah under the Bush administration and largely overlooked by Clinton, Soros says that "at least I will get a hearing" in Washington now. Soros plans to use the opportunity to advocate radical regulatory and financial reforms that would rein in financiers — including himself. "It is, in a way, the culminating point of my life’s work," Soros told The Australian News. "The American election, the financial crisis … it is actually a very stimulating period.” Soros wants Washington to loosen its grip on the International...

George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the world's most famous speculator is having a belated heyday. George Soros is now recognised as one of the most effective philanthropists, finding a new sense of purpose by spending billions to promote civil society in new democracies. "It is, in a way, the culminating point of my life’s work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion. If Soros had retired from the money...

No doomster was more feted at Davos this year than George Soros, who has been grimly predicting financial apocalypse for decades. "After the boy cried wolf three times, the wolf finally came," he told The Wall Street Journal last year. Reviled and distrusted for years as The Man Who Broke the Bank of England, even Soros's most trenchant critics seemed happy to glance over reports that his Quantum Fund has been shorting the pound again to concentrate on his new role as a prophet. Soros, now 78, is surely "the greatest speculator of the age", says the Evening Standard. His...

The liberal media isn’t going to spell out exactly how it goes about smearing conservatives, so Bill O’Reilly helpfully explained it last night on “The O’Reilly Factor.” Boiled down it goes like this: George Soros (and others) fund one of the left’s most prominent noise machines, Media Matters for America, which distorts statements made by conservatives and then urges reporters to provide saturation coverage of such statements as proof conservatives are hypocritical and sinister. In his “talking points” segment, O’Reilly references the Obama administration’s strategy of attempting to marginalize its most vocal opponent, radio talk show giant Rush Limbaugh:

On November 5, 2009 Americans woke up to a very real Marxist coup - although most didn't realize it. I sat down and cried while a huge crowd gathered and were cheering. I intuitively knew something was very wrong. After watching Barack Hussein Obama destructively pursue his agenda as president, I now understand why. (UPDATE: Mar 3 - Conference Call on The Grand Jury Stephen Pidgeon: Conference Call on The Grand Jury, Click here to: Listen to the show A conference call to discuss the National Grand Jury, with Stephen Pidgeon as guest - Neil Stephen Pidgeon - Google Search...