Month: July 2018

This Is The Clearest Example Of A Bubble

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Think about this… The Bank of Japan makes a tiny, minuscule, ridiculous alteration to its monetary laughing gas policy, and sends bonds and markets rolling Daniel, this is a repeat of an old story. I commented on it on Feb 2. And Japan made the same pledge even earlier. I offered this sarcastic comment "The … Read more

Does Robinhood as a Company Meet the Hype?

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by marketn00b I’ve noticed that there’s a great deal of hype around Robinhood as a company due to their hyper growth and disruptive product. What I’m curious about is whether or not the hype around the company is fully justified. Some of my worries include: Experienced investors seem to argue that RH isn’t an ideal … Read more

Not the best start to the week $TSLA $NFLX

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per WSJ $TSLA pic.twitter.com/FvlLd92RdD — Alastair (@StockBoardAsset) July 23, 2018 So it is just about solvency then. Got it. $TSLA pic.twitter.com/bL5Q77Yzmq — TC (@TESLAcharts) July 23, 2018 $TSLA -6% C O L L A P S E pic.twitter.com/lJkIc66y7G — Alastair (@StockBoardAsset) July 23, 2018   h/t @StockBoardAsset

‘Mini-Credit Crunch’ And China Slowdown To Hit Australia’s Budget

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State and federal government revenue from commodities and stamp duty is surging, Deloitte says, but trouble is looming via Paul Karp Australian governments are experiencing a surge in revenue that will be undermined by a slowdown in China and a “mini-credit crunch” as banks tighten lending standards, Deloitte Access Economics has said. In its June quarter … Read more

First Corporate Bankruptcy in China & How the Central Bank is Addressing the Problem

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by Martin Armstrong The the first debt bankruptcy of a major corporation in China has now taken place here on schedule in 2018. This first bankruptcy of a major corporation was due to over-indebtedness which occurred in the current year. The South China Morning Post reported that coal company Wintime Energy has been forced to cease operations after … Read more

Hillary Clinton Admits She Met Secretly With Putin in 2014

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by Thinker https://youtu.be/9Zy1lqErajM Former Secretary of State Hillary Clinton bashed President Trump over his meeting with Russian President Vladimir Putin last week, but failed to mention she also bonded with Putin in 2012 over Siberian tigers. In her memoir “Hard Choices,” Clinton explained her meeting with Putin in Moscow, where she asked him what he’s … Read more

Breaking Bad Wolf Veteran police officer, Mark Dougan left law enforcement to expose the rampant corruption he had witnessed within the Palm Beach County Sheriff’s Office.

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After Dougan left law enforcement, he started a website which allowed users to anonymously report and discuss corruption in Palm Beach County. A photographer met up with him and provided photos of numerous PBC Sheriffs Office members with a naked prostitute on a golf course–some of the members even groping the prositute (one of those … Read more

Fukushima’s nuclear signature found in California wine

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They try to down play it when compared to Chernobyl – but at least they are finally admitting what we’ve known since that fateful day. Too bad it’s probably too late to do anything about it anymore…   via technologyreview: Throughout the 1950s, the US, the Soviet Union, and others tested thermonuclear weapons in the Earth’s … Read more

$800 to use a sink: Family outraged by ER overcharge

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LAS VEGAS (KTNV) – Overbilled and underserved. That’s how a local family describes their recent visit to a hospital emergency room. Chief investigator Darcy Spears reports on why the family says they got better medical care at a gas station. When Brianna Lee isn’t playing soccer, the nine-year-old girl scout likes to help her parents, … Read more

Democratic Socialists Are Running 42 Candidates In 20 States On Federal, State And Local Level For 2018 Elections

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by Geoffrey Grider Republicans are encouraged by the rise of democratic socialism — for a far different reason. They have seized on what they view as a leftward lurch by Democrats they predict will alienate voters this fall and in the 2020 presidential race. The Democratic Party thinks their big battle this year is with the … Read more

JP Morgan Predicts Tesla Shares Will Plunge More Than 40% Before The End Of The Year

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via Tae Kim | @firstadopter Tesla shares will fall dramatically the rest of this year due to its high valuation and rising competition, according to J.P. Morgan. The firm reaffirmed its underweight rating on Tesla shares, saying other automakers may price their electric cars aggressively. Tesla has a “highly differentiated business model, appealing product portfolio, and leading-edge technology, which … Read more

What Did World Leaders Study at School?

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by visualcapitalist When it comes to the extremely challenging job of running a nation, a university education can help in setting up a leader for success. The vast majority of heads of government have some sort of post-secondary education – 83%, in fact – but their areas of study vary greatly. Some leaders, like Alain Berset … Read more

SILK ROAD BLUES: China’s Global Building Spree Runs Into Trouble in Pakistan. “To fund a 70-nation infrastructure initiative, Beijing has been extending loans in opaque deals often contingent on using Chinese contractors.”

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via WSJ: Financed and built by Chinese state-run companies, the soon-to-be-finished overhead railway through Lahore is among the first projects in China’s $62 billion plan for Pakistan. Beijing hoped the $2 billion air-conditioned metro, sweeping past crumbling relics of Mughal and British imperial rule, would help make Pakistan a showcase for its global infrastructure-building spree. … Read more