The chart of the Week is courtesy Seventeen Mile via Seeking Alpha and shows the combined value of stocks and bonds since 2003. Thanks to the FED engineered asset bubble the combined valuation is testing all time highs made in 2015 prior to a 15% sell off in the S and P 500. Recently bonds have endured a significant and sharp sell off. Equities are likely to follow suit.
IRS Criminal Investigation Says COVID-Related Fraud Totaled Nearly $9
Billion
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Since 2020, IRS-Criminal Investigation (CI) has investigated 1,644
COVID-related tax and money laundering cases potentially totaling $8.9
billion.
24 minutes ago
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