Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The PE-firm-owned retailer has $8 billion in debt and grapples with its fate. PetSmart, the largest brick-and-mortar pet supply and services retailer in the US and Canada, with 55,000 employees, 1,600 big-box stores, 200 pet boarding facilities, and $8.7 billion in revenues in fiscal 2017, has a little problem: $8.1 billion … Read more
by Charles Hugh-Smith Scrape all this putrid excrescence off and we’re left with a non-fantasy reality: everything is getting dicier by the day. If we look beneath the cheery chatter of the financial media and the tiresomely repetitive Russian collusion narrative (that’s unraveling as the Ministry of Propaganda’s machinations are exposed), we find that America in 2018 is … Read more
Hilarious!… https://www.youtube.com/watch?v=UuXuxTqBUvg
https://www.youtube.com/watch?v=gaGFbyOswDk Jim Hoft for the Gateway Pundit reports, President Trump slammed Democrat leader Nancy Pelosi for her embrace of MS-13 gang-bangers last night in his speech to the Susan B. Anthony List Gala. This came after Pelosi defended the brutal animals for their “spark of divinity.” Read More/Source/Credit/FairUse: http://www.thegatewaypundit.com/2018/…
Use a credit card instead, where your liability, by law, is ZERO if your cc # is stolen and you report the theft within 30 days. The same is NOT true of debit card fraud – it can take several months to get your money back from the bank, while they do an investigation – … Read more
via Mike Mish Shedlock If you think the economy is improving, you better check your facts and some disturbing trends. Despite the much ballyhooed “strong jobs” economy, things are not what they seem upon closer inspection. For example, Store-Branded Credit Card Delinquencies Hit 7-Year High. The share of private-label credit cards with accounts at least 60 days … Read more
by Simon Black http://traffic.libsyn.com/sovman/094__How_to_wait_out_the_financial_mania_in_safety.mp3 In today’s podcast, I share more thoughts on Puerto Rico including my experiences opening a business there. While the island has its problems, I’m still bullish on the long-term future given Puerto Rico’s incredible tax incentives (especially after meeting with their government leader and seeing how open they are to productive people … Read more
by SpontaneousDisorder Moody’s warns of ‘particularly large’ wave of junk bond defaults ahead Since 2009, the level of global nonfinancial companies rated as speculative, or junk, has surged by 58 percent, to the highest ever, with 40 percent rated B1 or lower, the point that Moody’s considers “highly speculative,” as opposed to “non-investment grade speculative.” “This extended period … Read more
“In this presentation made in Vancouver, Jeff explains why he believes gold and silver will be the next big financial bubble” “In this presentation, Jeff Clark details specific equity investments to his audience. Jeff’s opinions are his own and do not reflect the opinion of GoldSilver or its owners. Jeff’s advice is general in nature … Read more
https://twitter.com/michaellebowitz/status/1000090431777136642 https://twitter.com/OccupyWisdom/status/999892622012440576 uh oh pic.twitter.com/yDAwWCz0QR — Alastair (@StockBoardAsset) May 25, 2018 pic.twitter.com/Pt0p50E4Lm — Alastair (@StockBoardAsset) May 25, 2018 don't look at this chart pic.twitter.com/e8sjKffqrh — Alastair (@StockBoardAsset) May 23, 2018 1-Month Libor… May 2009: 0.32% May 2010: 0.35% May 2011: 0.19% May 2012: 0.23% May 2013: 0.19% May 2014: 0.15% May 2015: 0.18% May 2016: … Read more
by financethrowaway368 Hey guys, my SO and I just finished our bachelors. I was in engineering, and she was in arts. I’m going on to do a PhD, she’s getting certified to be a school teacher (what she always wanted to do). Currently, we plan on living on my stipend and her salary. I don’t … Read more
Guest post by Cc_fraud_throway_ugh My dealings today have been frustrating enough I figure I should name and shame. The bank is Barclays and the product involved is the AAdvantage Aviator Red MasterCard. Not too long ago, I noticed some odd charges on one of my credit cards. Someone had made a couple of PayPal transactions … Read more
by KingPinto On the eve of GDPR, reports are pouring in that a number of tech companies are either closing down or have decided to exit the EU market. https://www.bbc.com/news/amp/technology-44239126 Do you believe these are limited occurrences or will the scope of defections grow? Assuming that the scope grows, how do you believe this may shape … Read more
by dvdmovie1 Personally, I like REITs not from the standpoint purely of income, but to look for things that I believe are compelling “growth and income” stories, such as the cell tower REITs and logistics REITs (which I think benefit significantly from e-commerce.) For a while, I had significant investments in data center REITs. So, I … Read more
https://www.youtube.com/watch?v=ksaF6XBaK7w Read More/ Source/ Credit(FAIR USE): https://twitter.com/FoxNews/status/99… https://rwnofficial.com/democrats-jus…
https://www.youtube.com/watch?v=M9oZdACVT4k Your father’s FBI is now the Obama FBI http://www.njherald.com/20161028/your… House GOP sets three FBI interviews in Clinton probe http://www.thegatewaypundit.com/2018/… House conservatives demand an investigation — of Hillary Clinton https://www.washingtonpost.com/opinions/when-all-else-fails-prosecute-the-clintons/2018/05/22/339dd226-5df8-11e8-a4a4-c070ef53f315_story.html?noredirect=on&utm_term=.013f4aad4475
by Dana Lyons One of the interesting trendlines in this week’s edition of our regular #TrendlineWednesday feature on Twitter comes from the chart of the MSCI EAFE Index (EAFE). As a reminder, the EAFE Index represents developed countries in Europe, Australasia and the Far East. Like most equity markets around the globe, the EAFE has enjoyed a strong … Read more
by Thinker Waking up from the nightmare that wasn’t a dream… What do you really know? We live in a world where we have trusted those with positions of power to do the right things for their people and nations. That power turned into an addiction and it hasn’t stopped and most don’t understand it. … Read more
MUST WATCH! US Marine and 2nd Amendment rights defender Bobby Powell, publisher of the Conservative Christian news program The Truth Is Viral totally destroys the talking points of leftist gun grabbers during an EPIC rant at the March For Our Rights 2nd Amendment rally in Lansing Michigan.
https://www.youtube.com/watch?v=7WLr7mLC8gc MANDATORY EVACUATION – According to Hawaiʻi County Civil Defense Agency officials, USGS HVO geologists out in the field are reporting eruption activity in Leilani Estates continues to intensify with a flow heading east toward Kaupili, Mohala & Kahukai Streets. In the event the ongoing eruption of Kilauea along the lower East Rift Zone forces … Read more
The video below of Hillary Clinton discussing why we should get rid of the electoral college will have you screaming…Thank goodness for the Electoral College! If we didn’t have it, Hillary would be president and all of our elections would be decided by three states! Hillary needs a civics lesson before she spews more sour … Read more
BRAZIL TRUCKERS STRIKE FOR SECOND DAY OVER FUEL PRICES Brazilian truckers on Tuesday staged a second day of strikes and road blockages to protest rising fuel costs. Major roads in nearly all the 27 states saw some level of blockades, the Federal Highway Police said in a statement. The worst hit were Mato Grosso and … Read more
via IRD Rising energy prices and collapsing emerging currencies are two developments that are not receiving much attention in the mainstream propaganda narrative. But either development which could end up “pulling the rug” out from underneath the markets. I pieced together the graphic to the right from an article on Zerohedge about the developing currency and … Read more
Right on schedule… via RT: WikiLeaks founder Julian Assange is reportedly willing to testify in the investigation surrounding alleged Russian meddling in the 2016 US presidential election. The claim that Assange is willing to speak to congressional investigators was made on Friday by his long-time associate, Randy Credico. Radio host Credico told MSNBC’s Ari Melber that Assange … Read more
