Animation: The World’s Largest Megacities by 2100

by visualcapitalist Throughout the course of human history, the biggest cities have always seemed impossibly large. For many millennia, it was almost unfathomable for a city to sustain more than 1 million residents. In fact, it wasn’t until the 19th century that the largest cities globally, such as London and Beijing, were able to consistently hold populations beyond … Read more

Portland, Oregon mayor implies police profiling because half the arrests last year were of homeless people

by DCG Downtown Portland…this certainly looks like a familiar picture It’s not only Seattle and San Francisco that have a problem /crisis with homeless. Add the liberal utopia of Portland, Oregon to that list, too. In June 2017 Portland saw a 10 percent increase in their homeless population during the previous two years. Gee, there’s seems to be a common denominator amongst … Read more

Texas’s New Sanctuary City Bill – “No Freebies or Help For Illegals!”

by Thinker Unlike California’s governor, Texas governor says no to illegals, the state has enough poor, and homeless that need help before non-Americans. Corrupt law officials will be held accountable for not upholding the law. No more open borders, no more illegals before Americans in Texas! “Make America Great Again!” Phoenix drops sanctuary city status … Read more

THIS IS FROM A COUPLE OF YEARS AGO, BUT IT’S CIRCULATING AGAIN ON FACEBOOK FOR SOME REASON AND IT’S WORTH REPEATING

  Enforcing The Law Is Inherently Violent. Law professors and lawyers instinctively shy away from considering the problem of law’s violence. Every law is violent. We try not to think about this, but we should. On the first day of law school, I tell my Contracts students never to argue for invoking the power of … Read more

Russell Napier Warns of Global Monetary Breakdown

by FS Listen to this podcast on our site by clicking here or subscribe for a free trial by clicking here FS Insider recently interviewed Russell Napier, well-known financial historian and co-founder of the Electronic Research Interchange (ERIC), to discuss a breakdown in the global monetary system, primarily with emerging markets linked to the US dollar, given the strains this … Read more

US Lost “Trade War” with Japan over Autos Long Ago But Has “Better Leverage” with China: Automotive News China

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Trade wars in the auto industry are not uncommon. It’s just that the US has lost them so far. So-called “trade wars” are neither new nor uncommon for the US and its trade “partners.” The US automotive industry has seen its share, all of which the US has lost so far, … Read more

Ready for the earnings season?

I believe the key will not be 2Q earnings, but guidance. If guidance is vague or not confirmed, stocks may fall aggressively. Most companies may beat, but remember the vicious falls in 1Q when stocks simply met estimates or reiterated guidance h/t @dlacalle_IA

Chart of the week: U.S. consumer debt grew the most in six months in May as total credit outstanding climbed $24.6 billion to $3.898 trillion

Total Consumer Credit Owned and Securitized, Outstanding  University of Michigan consumer confidence index at 97.1 in July shows a modest slowdown, but still highly positive. Most interesting is the drop in households’ long-term inflation expectations. Who would have guessed? US 🇺🇸 University of Michigan consumer confidence index at 97.1 in July shows a modest slowdown, … Read more

Oil Falls Below $69 as U.S. Treasury says Importers May Get Leeway to Buy Iran Crude

U.S. Treasury Secretary Steve Mnuchin said some oil buyers could get waivers to continue buying Iranian supplies despite American sanctions on the Middle Eastern country. Concerns about the aggressive U.S. policy to remove Iranian barrels from the market have raised oil prices in recent weeks. Oil prices slipped earlier on Monday as concerns about supply … Read more

Here is a cheat sheet I made for analyzing stocks technically, fundamentally and financially.

by coquinaa What to Look for Before Purchasing Stock Technicals Support levels, micro(15,30,1hr,4hr) and macro(daily,weekly, monthly, yearly). Resistance levels, micro and macro(same as above). Trend(is it bullish, bearish or currently consolidating)? • Make sure to look at micro and macro scales Mental stoploss (should be near the bottom support level on the trend that you … Read more