by Daniel Carter The gun control debate has been a constant theme in American politics, but this year the debate has never been so intense. After the mass shooting at the Parkland, FL high school, which killed 17 people and wounded 17 others, scores of protesters marched through the country to demand stricter gun control. This … Read more
Given that $FB missed bad, $TWTR missed bad, $NFLX missed bad, and $AMZN missed revenue and guide, tech sentiment could be shifting to, “we’ve pulled all the levers and are all out of tricks”. If that happens, look the fuck out. Tech has driven this whole rally last few years. https://twitter.com/QTRResearch/status/1022856571121004544 RED – relative price … Read more
by HappyCamper Government will do everything in it’s power to sustain itself. Government never repays it’s debt completely. Government = Controlled order. When the thin veneer of civilization peels away, chaos always follows. When the current system begins to exponentially collapse, you can watch your comfort levels gradually disappear. Large sums of money will only provide … Read more
“While campaigning for president, Donald Trump accurately said that American markets were a big, fat bubble. He was correct, and that same bubble has not burst, but has gotten even bigger! When the inevitable bust arrives, who will President Trump blame?”
US Consumers tap out Real GDP growth accelerated 1.9 percentage points between Q2 and Q1 (4.1% growth versus 2.2% growth). Most of that acceleration was due to consumption and exports. Nonresidential investment actually **decelerated**.
If it hits google all hell breaks loose: https://twitter.com/Breaking911/statu…
Will Disney do to fox what they did to Star Wars? Will they push an agenda rather than focus on making quality content? Is this the end of television as we know it? h/t RMFN
Donald Trump spoke in San Jose, California on Thursday night at a rally. But after his speech ended, supporters were greeted by a mob of protestors outside the venue. One young woman tried to take on the protestors on her own and proudly showed off her Trump shirt. She was hit in the face with … Read more
by Thinker A Senate Foreign Relations Committee hearing got heated Wednesday between the panel’s top Democrat questioned Secretary of State Michael Pompeo on President Trump’s private meeting with Vladimir Putin. Clinton Foundation Uranium One Russian Deal…Americans still waiting for the truth! As anyone can see Senator Mendez is badgering and accuses Pompeo of not want … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter A tiny cut in the prices-paid index did a $1-trillion job. What the Bureau of Economic Analysis released today as part of its GDP report was a huge pile of revisions and adjustments going back to practically Adam and Eve. It included a tiny adjustment with one heck of a cumulative … Read more