Recent Posts

There’s a major flaw in the stock market’s most bullish thesis

iStock; Rebecca Zisser/BI Money market funds won’t save the stock market from a painful decline, Bank of America says. A 25-basis point Fed rate cut won’t change the behavior of savers, according to the bank. If cash does leave money market funds, it won’t flow to stocks. The $6 trillion …

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Telegram reportedly ‘inundated’ with illegal and extremist activity

A New York Times analysis of more than 3.2 million Telegram messages from 16,000 channels found that the messaging platform has been “inundated” with illegal and extremist activity. Specifically, The Times found 1,500 channels operated by white supremacists, two dozen channels selling weapons, and at least 22 channels where MDMA, cocaine, …

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