Tag: stock market

Wall Street’s Planned Theft of America’s Lands and Waters

Up next on Wall Street’s exploitation list.

If not stopped, on November 17th, the U.S. government will pass a rule that allows for America’s protected lands, including parks and wildlife refuges, to be listed on the N.Y. Stock Exchange. Natural Asset Companies (NACs) will be owned, managed, and traded by companies like BlackRock, Vanguard, and even China.

Since the early 2000’s, outfits like Goldman Sachs have been trying to trade air, or specifically carbon without much success. Their 2005 carbon exchange staggered along until it was quietly discontinued, and their Climate Exchange-Traded Fund (ETF) is now facing delisting. “ESG” was the next attempt to monetize the un-monetizable, with the “E” part of that acronym standing for Environment, ill-defined as that was. Now ESG is failing. Market leaders say it is facing “a perfect storm of negative sentiment” and its U.S. investments fell by $163 billion in the first quarter of 2023 alone.

Its stepchild, Net-Zero, is so loathed, it looks like it might blow up the entire carbon scam. Says Australian senator Matt Canavan, “Net-Zero has absolutely carked it. It is a soundbite and totally insane. Almost everything we grow, we make, we do in our society relies on the use of fossil fuels.” Vanguard has pulled out of Net-Zero funds. The British government too is backing out of Net-Zero, saying “we won’t save the planet by bankrupting the British people.” New Zealand’s new government revised the country’s Net-Zero plans in its first week in office. In the hard hit Netherlands, the Farmer-Citizen movement is now the dominant party in the Dutch senate and every provincial assembly. Sweden has abandoned its 100 percent Net-Zero plans and Norway has announced another $18 billion in oil and gas investments.

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Moderna Shares Rise On Report US Gov’t Preparing Funding For mRNA Bird Flu Vax

Shares of Moderna are up more than 4% in the New York premarket trading session following a report by the Financial Times that the US government is preparing to “bankroll a late-stage trial of Moderna’s mRNA pandemic bird flu vaccine.” H5N1 is spreading across the US ahead of the November presidential elections, and some prominent doctors have already warned about university labs experimenting with H5N1 gain-of-function. 

Sources familiar with the talks between Moderna and the government’s Biomedical Advanced Research and Development Authority, known as Barda, say federal funding could be allocated to the pharma company as early as next month. 

“It is expected to total several tens of millions of dollars, and could be accompanied by a commitment to procure doses if the phase-three trials are successful,” they said.

Moderna has previously said it was trialing H5N1 flu vaccines, with interim data expected soon. 

Moderna is currently testing an H5N1 vaccine, from the 2.3.4.4b subset of viruses, in people. That trial began last summer.

But the trial’s listing in the Clinicaltrials.gov database is cagey about the dosages Moderna is testing, calling them simply dose number 1, 2 and 3. -Statnews

As of Wednesday, the US Department of Agriculture has detected 67 dairy cow herds with H5N1 infections in nine states: Texas, Kansas, New Mexico, Michigan, Idaho, North Carolina, South Dakota, Ohio, and Colorado. 

The ongoing outbreak is linked to dairy cattle. Only two H5N1 cases have been detected among humans. The first was in April, with a Texas dairy worker, and the second was from a Michigan dairy farm last week. Both had mild infections and have since recovered.

FT also said the federal government is in talks with Pfizer about an mRNA vaccine targeting H5N1. 

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KA-CHING! Big Pharma Stocks Soar as They Plan Next Vaccine to Solve Bird Flu Pandemic

Major pharmaceuticals had a fantastic week in the global markets amid speculation that they may be ready to develop a vaccine to treat bird flu.

As fears grow around the world over the risk of another pandemic following the detection of avian bird flu in humans, pharmaceutical companies are benefitting from talk that they may be ready to develop another vaccine to stop another pandemic in its tracks.

The Motley Fool reports:

Shares of vaccine stocks Moderna, Novavax, and BioNTech SE rallied this week, appreciating 23.4%, 16.4%, and 9.3%, respectively, through Thursday trading, according to data from S&P Global Market Intelligence.

While these three stocks gained notoriety back in 2020 during the COVID-19 pandemic, it appears this week’s detection of avian bird flu in a second U.S. citizen and the first-ever detection of avian flu in a human in Australia are spurring fears of an outbreak and thus a possible boon for companies that can quickly produce a bird flu vaccine.

A new avian flu, H5N1, was detected in cattle back in March, with one worker in Texas coming down with associated conjunctivitis at that time. But on Wednesday this week, a second U.S. dairy worker in Michigan tested positive for the avian flu as well. That same day, an Australian dairy worker also tested positive for avian flu, marking the first-ever human case of avian flu in that country.

The discoveries spurred fears of an outbreak. That same day, the Assistant Secretary of Preparedness and Response at the Department of Health and Human Services, Dawn O’Connell, noted that Moderna and Pfizer, which partnered with BioNTech on the COVID-19 mRNA vaccine, were in talks over a potential mRNA vaccine program for the new avian flu.

As has been extensively reported by The Gateway Pundit, major pharmaceuticals including Pfizer, Moderna and AstraZeneca made billions in profits for their shareholders after developing a series of vaccines intended to treat COVID-19.

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How Blackrock Investment Fund Triggered the Global Energy Crisis

Most people are bewildered by what is a global energy crisis, with prices for oil, gas and coal simultaneously soaring and even forcing closure of major industrial plants such as chemicals or aluminum or steel. The Biden Administration and EU have insisted that all is because of Putin and Russia’s military actions in Ukraine. This is not the case. The energy crisis is a long-planned strategy of western corporate and political circles to dismantle industrial economies in the name of a dystopian Green Agenda. That has its roots in the period years well before February 2022, when Russia launched its military action in Ukraine.

Blackrock pushes ESG

In January, 2020  on the eve of the economically and socially devastating covid lockdowns, the CEO of the world’s largest investment fund, Larry Fink of Blackrock, issued a letter to Wall Street colleagues and corporate CEOs on the future of investment flows. In the document, modestly titled “A Fundamental Reshaping of Finance”, Fink, who manages the world’s largest investment fund with some $7 trillion then under management, announced a radical departure for corporate investment. Money would “go green.” In his closely-followed 2020 letter Fink declared,

“In the near future – and sooner than most anticipate – there will be a significant re-allocation of capital…Climate risk is investment risk.” Further he stated, “Every government, company, and shareholder must confront climate change.” [i]

In a separate letter to Blackrock investor clients, Fink delivered the new agenda for capital investing. He declared that Blackrock will exit certain high-carbon investments such as coal, the largest source of electricity for the USA and many other countries. He added that Blackrock would screen new investment in oil, gas and coal to determine their adherence to the UN Agenda 2030 “sustainability.”

Fink made clear the world’s largest fund would begin to disinvest in oil, gas and coal.  “Over time,” Fink wrote, “companies and governments that do not respond to stakeholders and address sustainability risks will encounter growing skepticism from the markets, and in turn, a higher cost of capital.” He added that, “Climate change has become a defining factor in companies’ long-term prospects… we are on the edge of a fundamental reshaping of finance.” [ii]

From that point on the so-called ESG investing, penalizing CO2 emitting companies like ExxonMobil, has become all the fashion among hedge funds and Wall Street banks and investment funds including State Street and Vanguard. Such is the power of Blackrock. Fink was also able to get four new board members in ExxonMobil committed to end the company’s oil and gas business.

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SEC Plan to Track Americans’ Stock Investments Sparks Legal Fight

All stock trades conducted on U.S. exchanges will soon be surveilled by the government, according to a newly implemented plan by the Securities and Exchange Commission (SEC).

The SEC’s “Consolidated Audit Trail” (CAT) mandate would “allow regulators to efficiently and accurately track all activity throughout the U.S. markets,” the SEC stated.

In announcing the launch of this plan, SEC Chairman Gary Gensler stated in September 2023 that “prior to CAT’s creation, regulators lacked a consolidated view of the material information of all orders in [exchange-traded] securities.”

The CAT plan was originally proposed under the Obama administration in 2012 but remained dormant under the Trump administration. It is currently being resurrected under the Biden administration.

This plan ran into some resistance last week, however, from a group of lawyers and retired judges who see it as a historic violation of Americans’ civil rights.

A complaint filed on April 16 by the New Civil Liberties Alliance (NCLA), as a prelude to a lawsuit, called the CAT mandate “an unprecedented scheme by an administrative agency … to unilaterally set in motion one of the greatest government-mandated mass collections of personal financial data in United States history.”

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Pelosi’s husband made over $1.25 million on Nvidia stock bet in just three months

Rep. Nancy Pelosi, D-Calif., who has received widespread scrutiny over her husband’s stock purchases, is making bank on another well-timed bet on a familiar corporation.

The California Democrat’s husband, Paul, who owns a San Francisco investment and consulting firm, scooped up between $1 million and $5 million worth of call options in computer chip company Nvidia on Nov. 22. Pelosi, however, held off on reporting the transaction until right before Christmas.

Nvidia is not new to the Pelosis. In 2022, Paul grabbed more than $1 million in Nvidia call options — which give investors the right to buy shares of a company at a specific price — just weeks before a congressional vote on providing massive subsidies to the chip manufacturing industry. He sold them after she received criticism over their timing. Expand article logo  Continue reading

At the time, Pelosi said that her husband had never made stock purchases based on information she had given him when pressed by Fox News Digital. Her office also distanced her from Paul’s financial decisions.

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Big US investors prop up the nuclear weapons industry

Nuclear weapons aren’t just a threat to human survival, they’re a multi-billion-dollar business supported by some of the biggest institutional investors in the U.S. according to new data released today by the International Campaign to Abolish Nuclear Weapons (ICAN) and PAX, the largest peace organization in the Netherlands.

For the third year in a row, globally, the number of investors in nuclear weapons producers has fallen but the overall amount invested in these companies has increased, largely thanks to some of the biggest investment banks and funds in the U.S.

“As for the U.S., while there is, like past years, indeed a dominance, and total financing from U.S.-based institutions has increased, the total number of U.S. investors has dropped for the third year in a row (similar to our global findings), and we hope to see this number will continue to fall in the coming years,” Alejandar Munoz, the report’s primary author, told Responsible Statecraft.

In 2023, the top 10 share and bondholders of nuclear weapons producing companies are all American firms. The firms — Vanguard, Capital Group, State Street, BlackRock, Wellington Management, Fidelity Investments, Newport Group, Geode Capital Holdings, Bank of America and Morgan Stanley — held $327 billion in investments in nuclear weapons producing companies in 2023, an $18 billion increase from 2022.

These companies are also profiting from the enormous government contracts they receive for developing and modernizing nuclear weapons.

“All nuclear-armed states are currently modernizing their nuclear weapon systems,” says the annual “Don’t Bank on the Bomb” report from PAX and ICAN. “In 2022, the nine nuclear-armed states together spent $82.9 billion on their nuclear weapons arsenals, an increase of $2.5 billion compared to the previous year, and with the United States spending more than all other nuclear powers combined.”

American weapons companies are some of the biggest recipients of contracts for nuclear weapons. Northrop Grumman and General Dynamics are “the biggest nuclear weapons profiteers,” according to the report. Combined, the two American weapons manufacturers have outstanding nuclear weapons related contracts with a combined potential value of at least $44.9 billion.

Those enormous government contracts for nuclear weapons, alongside contracts for conventional weapons, have helped make nuclear weapons producers an attractive investment for American investment banks and funds.

“Altogether, 287 financial institutions were identified for having substantial financing or investment relations with 24 companies involved in nuclear weapon production,” says the report. “$477 billion was held in bonds and shares, and $343 billion was provided in loans and underwriting.”

The report notes that while the total amount invested in nuclear weapons has increased, the number of investors has fallen and trends toward firms in countries with nuclear weapons.

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US Funds Invest in Nuclear & Cluster Bombs

Amidst what the Bulletin of Atomic Scientists calls “an exceedingly dangerous nuclear situation” facing humanity today, the largest U.S. mutual funds — which manage the retirement and other savings of tens of millions of Americans — are profiting from investments in nuclear weapons, cluster munitions and other banned or controversial arms, an analysis by a leading shareholder advocacy group has revealed.

Measured by dollars invested, the top 25 U.S. asset managers “all earn a D grade or worse, with significant investments in arms manufacturers and major military contractors, including companies involved with nuclear weapons and controversial weapons like cluster munitions, anti-personnel landmines, incendiary weapons, and depleted uranium,” Berkeley, California-based As You Sow said in its new report.

[Related: In Ukraine, US Adds to Barbaric Cluster-Bomb Legacy]

Some of the largest corporate 401(k)s like American Funds, John Hancock Funds and Franklin Templeton Investments were among the most heavily invested in these armaments, while “fund managers that focus on sustainable investing have less exposure to military weapons, on average.”

Seven funds profiled in the analysis — Eventide Funds, Ecofin, New Alternatives, Vert Asset Management, Aspiration Funds, Thrivent, and Kayne Anderson — held no investments in the controversial weapons.

“Many investors, given a choice, would not want to profit from companies that manufacture weapons of mass destruction,” As You Sow CEO Andrew Behar said in a statement.

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Democratic senator keeps breaking conflicts-of-interest law over and over and over again

Members of Congress keep struggling to comply with a decade-old financial disclosure and transparency law — the latest, two federal lawmakers who were late reporting stock and U.S. Treasury transactions.

For the third time in 14 months, Sen. Tom Carper (D-DE) missed a 45-day disclosure deadline imposed by the Stop Trading on Congressional Knowledge (STOCK) Act.

Carper was as much as two weeks late in reporting his spouse’s U.S. Treasury bill purchases and sales totaling up to $345,000, as well as a PayPal stock sale up to $15,000, according to a June 30 federal financial report reviewed by Raw Story. The STOCK Act only requires legislators to disclose their own, their spouse’s and dependent children’s transactions in broad ranges.

“There was a clerical error,” Natasha Dabrowski, Carper’s communications director, told Raw Story. “Senator Carper is working with the Ethics Committee so he can fully resolve the matter.”

The STOCK Act — passed in 2012 to stop insider trading, curb conflicts-of-interest and enhance transparency — requires prompt reporting of most purchases, sales and exchanges of stocks, bonds, commodity futures and cryptocurrency by key government officials, particularly members of Congress.

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Biden Energy Secretary Granholm Admits False Testimony About Owning Stocks

President Joe Biden’s secretary of energy revealed she gave false personal financial testimony during her Senate confirmation hearing in 2021.

Jennifer Granholm lied to Sen. Josh Hawley (R-MO) during an April 2021 testimony.

“Do you own individual stocks, Madam Secretary?” Hawley asked Granholm in that hearing.

“No,” replied Granholm, “I’m invested in mutual funds.”

Hawley lamented the Biden administrator’s perjury in a Friday Twitter post: “She lied to me.”

Biden’s energy secretary claims her unequivocal denial of stock ownership was just a mistake on her part.

Fox News further reported:

Energy Secretary Jennifer Granholm admitted in a letter Friday that she made a false statement when she recently told lawmakers she didn’t own any individual stocks.

While Granholm divested from a variety of stocks in 2021, she acknowledged in the letter — which was sent to Senate Energy and Natural Resources Committee leadership — that she maintained shares of six companies. On April 20, however, Granholm testified under oath that she had sold all of her shares of individual companies.

“As you know, as part of the confirmation process before this Committee, in 2021 I divested from assets that could be in conflict with my official duties,” Granholm wrote in the letter obtained by Fox News Digital. “I did, however, retain assets that were determined by Government ethics officials to not conflict with my official duties.”

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