Economic News

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nycfan said:


Middle East money partially funding MAGA-aligned takeover of America media. What could go wrong?
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I've thought that there was no way that the Ellisons had nearly enough money themselves to pull off such a merger, and so they're going to allow foreign money - likely from very shady characters - to essentially take over two of our historically largest and most important movie studios (Paramount and Warner Brothers) and dozens of important news and entertainment media sites. This is yet another MAGA disaster in the making - and all so MAGA can control more and more of our news and entertainment media that we watch. Swell.
 


I do think people have been overly pessimistic about the economy but still find this sudden uptick in sentiment surprising.
 
Mulberry Heel said:
I've thought that there was no way that the Ellisons had nearly enough money themselves to pull off such a merger, and so they're going to allow foreign money - likely from very shady characters - to essentially take over two of our historically largest and most important movie studios (Paramount and Warner Brothers) and dozens of important news and entertainment media sites. This is yet another MAGA disaster in the making - and all so MAGA can control more and more of our news and entertainment media that we watch. Swell.
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Foreign money is buying our media property? Don't know if this is normally allowed, but should be at the top of the list of things that need to be corrected if we ever have a new administration.
 
BlueSmoke said:
Foreign money is buying our media property? Don't know if this is normally allowed, but should be at the top of the list of things that need to be corrected if we ever have a new administration.
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To be more specific, money from foreign countries that have already enriched the president and his family with billions of dollars in bribes, I mean "investment capital."
 
heelinhell said:
If you want to know what the economy will look like down the road, then follow the bond market. The 30yr treasury is getting close to 5% which pretty much wipes out those recent tax cuts.
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While some of this is the deficit, wonder how much of this rise in treasury's can be attributed to the war and oil prices? If much of it is, then I think we know between Iran and Trump which one will blink first. Would think Iran is watching this data point.
 
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