Will Biden Debate Trump?
The WORLD would love to see Donald Trump and Joe Biden square off in a debate. The American people deserve a fair debate and it is absolutely preposterous that the [...]
SAC Capital in Singapore is not Steven Cohen’s Group SAC Capital
SAC Capital, formerly known as Sirius Asia Capital, in Singapore was founded in 2004. It began as a corporate finance firm specializing in IPOs and corporate advisory. There has been some confusion that a different SAC Capital was located in Stamford, Connecticut and New York City while its legal headquarters was incorporated offshore in Anguilla, British West Indies – not the USA. The SAC Capital in Singapore is not associated with the Steven Cohen operation that was being shut down by the US authorities for inside trading. SAC’s criminal guilty plea in New York has nothing to do with the SAC Capital in Singapore. We apologize for any confusion between the two unrelated firms.
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Powell Pessimistic After Q1
Powell reiterated this week that he does not see any short-term need to lower interest rates. The Fed remains delicate in its speech to the public. They knew that inflation [...]
American Households Hold Record Debt Q1 2024
The New York Federal Reserve reported that American households set a new record after plummeting into $17.69 trillion of debt, a 1.1% ($184 billion) increase from Q4 2023. Worse, the [...]
