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The New York Times An Early Promise Broken: Inside Biden’s Reversal on Refugees WASHINGTON — Secretary of State Antony Blinken was in the Oval Office, pleading with President Joe Biden. In the meeting, on March 3, Blinken implored the president to end Trump-era restrictions on immigration and to allow tens of thousands of desperate refugees fleeing war, poverty and natural disasters into the United States, according to several people familiar with the exchange. But Biden, already under… Source link

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link

Netflix’s (NFLX) striking miss on first-quarter subscriber additions vindicated some analysts’ views that the future growth prospects for the company would start to dwindle once users started going out again after the COVID-19 pandemic. While others remain bullish on the streaming giant. “Netflix, they’re in a damned if you do, damned if you don’t situation. Investors are now demanding cash flow. They burned through tens of billions of dollars building the platform,” David Trainer, chief… Source link

The law enforcement arm of the U.S. Postal Service has been quietly running a program that tracks and collects Americans’ social media posts, including those about planned protests, according to a document obtained by Yahoo News. The details of the surveillance effort, known as iCOP, or Internet Covert Operations Program, have not previously been made public. The work involves having analysts trawl through social media sites to look for what the document describes as “inflammatory”… Source link

The New York Times The Death of George Floyd Reignited a Movement. What Happens Now? George Floyd had been dead only hours before the movement began. Driven by a terrifying video and word-of-mouth, people flooded the South Minneapolis intersection where he was killed shortly after Memorial Day, demanding an end to police violence against Black Americans. The moment of collective grief and anger swiftly gave way to a yearlong, nationwide deliberation on what it means to be Black in America…. Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could Deliver Massive Returns The long-term upward trend in the markets is marked; the S&P 500 is up 51% over the last 12 months, even taking into account some recent slips. For investors, this makes the present a propitious time to seek out low-cost market segments with high return potential. Or in other words, to take the old time advice and buy low to sell high. Jefferies equity strategist Steven DeSanctis, in a recent note on small-cap market… Source link

Bloomberg Asia Stocks Bounce, U.S. Futures Dip; Dollar Flat: Markets Wrap (Bloomberg) — Asia stocks bounced after U.S. equities rallied, snapping a two-day drop with gains by companies that stand to benefit the most from an economic revival. The dollar stabilized.Japan outperformed, while Australia, South Korea and China had more modest gains. U.S. futures edged lower. Earlier, most major groups in the S&P 500 rose, with raw-material, energy and financial shares leading the charge. The… Source link

  This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 21, 2021 YOLO trades might be fading, but retail is still around.  The stars of the show in financial markets during the first quarter of 2021 were retail traders.  Retail fueled meme trades, made Roaring Kitty a star, and flummoxed market professionals who insisted this participation would not last. Even though less than two… Source link

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link

TipRanks The Recent Pullback in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts It’s that time again – time to look for upwardly mobile stocks at relative bargain prices. We’ve just seen a pullback in market prices, but for some stocks the pullback started earlier and has run deeper. That’s opened up opportunities that Wall Street’s analysts have been quick to point out. These are Strong Buy stocks, despite their recent slips in share value. The analysts have noted that… Source link