Category: Uncategorized
Xchange: Is Foxconn a Fox Con?
The once hearlded as the biggest tax credit in the US, Foxconn LCD plant in Mount Pleasant, Wisconsin is more con than Fox. One striking tax credit for the 13k promised employees cost somewhere between $200,000 to $1 million per employee. Was the plant worth the cost to Wisconsin even if built?
https://www.theverge.com/21507966/foxconn-empty-factories-wisconsin-jobs-loophole-trump
Fed officials call for tougher regulation to prevent asset bubbles – FT — Financial Post
Tougher U.S. financial regulation is needed to avoid the rise of excessive risk-taking and asset bubbles in the markets at a time when the Federal Reserve is keeping interest rates low, two senior Fed officials told the Financial Times in an article published on Saturday https://on.ft.com/3kesfsU. Read More
Fed officials call for tougher regulation to prevent asset bubbles – FT — Financial Post
Caligula’s Horse — geopolitic
Be proud, America! You have the very best Congress that money can buy. It’s no secret that many in the House and Senate have long been corrupted by money and special interests. The constant need to advertise on TV makes all politicians slaves of the money lenders and other big donors. The great Mark Twain…
Caligula’s Horse — geopolitic
Just a little Pol Sci…
the Xchange: SPAC
Suppose you want to invest in a new company and you don’t have $1,000,000 in the cushions of your couch, what are you able to do? I realize most of you have the money under your bed but a few of you may not. The wave of SPAC is the answer for you. SPAC is a fund which gathers money and later looks for a young growing company. What are the advantages and disadvantages? Read on Jedi…
the J xchange stoxx tip: Workhorse, worth a look.
Wall Street Set for First $100 Billion Trading Year in a Decade — Financial Post
(Bloomberg) — Working from home hasn’t slowed down Wall Street’s trading desks. Read More
Wall Street Set for First $100 Billion Trading Year in a Decade — Financial Post
Gold edges up after Trump offers larger U.S. stimulus — Financial Post
Gold prices inched up on Thursday after Read More
Gold edges up after Trump offers larger U.S. stimulus — Financial Post
Oil eases as new lockdowns raise concern about fuel demand — Financial Post
NEW YORK — Oil prices eased on Thursday as new restrictions to stem a surge in COVID-19 infections dimmed the outlook for economic growth and fuel demand. Read More
Oil eases as new lockdowns raise concern about fuel demand — Financial Post
U.S. charges Houston technology mogul Robert Brockman with tax, securities fraud — Financial Post
WASHINGTON — Federal prosecutors said on Thursday they had charged Houston-based technology executive Robert Brockman with hiding $2 billion in income from the IRS over 20 years, in the biggest tax fraud case against an individual in U.S. history. Read More
U.S. charges Houston technology mogul Robert Brockman with tax, securities fraud — Financial Post
the Java Exchange 