The number of people who live in their vehicles because they can’t find affordable housing is on the rise, even though the practice is illegal in many U.S. cities. The number of people residing in campers and other vehicles surged 46 percent over the past year, a recent homeless census in Seattle’s King County, Washington … Read more
Synchronized Global Slowdown: US, China, Japan All Post New Yearly PMI Lows The Purchasing Managers’ Index is a keen insight into what is taking place in the analytical minds of economic decision-makers as they examine the health of their businesses and plan for the future. The message from this data set? “Present isn’t great, future … Read more
h/t @SoberLook $AAPL propping up the market pic.twitter.com/Z5H3ZjtNN3 — Alastair (@StockBoardAsset) August 2, 2018
Dear Turkey, Argentina, etc… Printing Currency Backed By Nothing Is Not "Creating Reserves". Printing Currency To Pay Bloated Public Spending Destroys Currency Purchasing Power, Savers and Existing Deposits. Kills Confidence In The Currency As A Reserve of Value pic.twitter.com/t7ldFlXRpv — Daniel Lacalle (@dlacalle_IA) August 2, 2018 Argentina 🇦🇷 “Printing money for the people”“Inclusive monetary policy”Average … Read more
h/t @dlacalle_IA Everyone keeps blaming the inexistent trade wars for widespread market corrections instead of the obvious: Monetary stimulus saturation, excessive valuations and Fed balance sheet reduction. $14bn this month Number of countries suffering a drastic reversal in fund flows rises to 12 in 2018. A self-inflicted weakness after years of increasing imbalances believing in an … Read more
https://twitter.com/jtepper2/status/1024793566206418944 $TSLA CDS unphased h/t @WintonCapPtnrs pic.twitter.com/B7c7OrmuoO — Alastair (@StockBoardAsset) August 2, 2018 Tesla $TSLA loses more than half a billion, burns loads of cash, and has a 4% incremental on sales Stock +9%… because the CEO says sorry, lol #fantastic @HedgeyeIndstrls — Keith McCullough (@KeithMcCullough) August 1, 2018 Remember when $TSLA was expected to … Read more
by jessefelder With the FANG stocks faltering lately investors are starting to become concerned about their impact on the broader market. And there is certainly something to this. Statistically speaking, these market generals have become increasingly important to the broad market indexes recently so it only stands to reason that an important reversal here could make for a … Read more
anyone remember the last time #USDCNH erupted & stock market tanked? pic.twitter.com/5msUdSkn58 — Alastair (@StockBoardAsset) August 2, 2018 CHINA PANIC: "Chinese stocks are extending losses.#Shanghai Composite -2.5% #Shenzhen Component -3.1% to the lowest since Nov'14.#Chinext -2.5% to NEW LOW in 3 yrs & a half.Property developers & defense industry companies led the losses," h/t @YuanTalks … Read more
https://twitter.com/OccupyWisdom/status/1024871289415188481 Chart: US auto sales continue to slow – pic.twitter.com/TRT0RwVFIl — (((The Daily Shot))) (@SoberLook) August 2, 2018 Housing demand sees biggest drop in more than 2 years Housing demand fell 9.6 percent in June, compared with June 2017, according to a monthly index from Redfin. That is the largest decline since April 2016. The … Read more
Politifact is a Pulitzer Prize-winning fact check organization, and yet they just did an entire article fact-checking Trump’s claims about the economy in which they take issue with his adjectives. While they admit his facts are pretty much spot-on, they still try to make him out to be a liar. The Resident discusses the latest … Read more
by by logicordie An investigation into priests, deacons, seminaries, and other Catholic Diocese members involved in child sex abuse accusations has been released. Over 300 priests in six Pennsylvania dioceses are involved. These accusations seem to have been kept secret since the 1940’s. The coverup seems to be dissolving and now we’ll be able to glimpse … Read more
by swervinsideways These are some of the tweets the new addition to the NYT Editorial board has tweeted in the past, before trying to delete them. These Propaganda outlets for some reason, love these anti-white folks Archives here: https://archive.is/iAqxZ https://archive.is/Z64Tc Source showing she was added to NYT editorial board https://www.nytco.com/sarah-jeong-joins-the-timess-editorial-board/
by MedicalLabScientist I know the talk around town is how they lowered two funds to 0.00%….But who cares, because the really great funds are ALMOST FREE now after the fee drop. I know have a fully diversified index portfolio of the following: Fidelity S&P 500 index fund PREMIUM CLASS Fidelity Extended Market index fund … Read more
by Chris Tesla is up more than 9% yesterday on the news yesterday after the market close that TSLA loses more money by selling more cars. They are literally making it down on volume, so to speak. You just cannot make this up! But…I feel like I’ve been here before… Yep, we have been here … Read more
The crash site was hastily staged… reporters simply described what they saw. No plane…no people. h/t jimmyb207
A major security breach at Reddit has left sensitive details of users in the hands of hackers, including their email addresses, private messages and usernames. The online discussion board, which prides itself on providing anonymity, said hackers compromised employees’ accounts by gaining access to two datasets. The first contained old user information from May 2007. Hackers were able … Read more
Social media warfare – the US Senate unveils how it thinks Russia is allegedly swaying opinion in America … https://www.youtube.com/watch?v=kytrd9aMByE
by Thinker Until The Truth Is Told, The U.S. Is A Divided Nation & There Are Those Who Want To Keep It That Way To Conceal & Protect the Guilty Two questions loom large as Paul Manafort prepares to walk into a federal courtroom Tuesday: Will Donald Trump’s former campaign chairman spend what effectively could be … Read more
via Kimble Charting This chart looks at the Nasdaq Composite Index over the past 20-years. The index has spent the majority of the past 18-years inside of rising channel (1). The trend is clearly up as the index is very near all-time highs and nothing of late has changed that trend! The index did push above the top … Read more
via dailymail.co.uk: The Asso Ventotto picked up 108 migrants in international waters on Monday They were found around 60 nautical miles northwest of Libya’s capital Tripoli Italy’s coastguard reportedly instructed the ship to coordinate the rescue operation with Libyan authorities Migrant rescue charities operating in the Mediterranean said an Italian boat may have violated international … Read more
by stockboardasset Apple Inc. delivered a stellar earnings report for its fiscal third quarter on Tuesday, as demand for premium iPhones remained resilient and services such as App Store, Apple Music, Apple Care and Apple Pay sales expanded to record levels. The result: Apple’s fiscal third quarter shows how the iPhone maker is finding alternative means … Read more
by stockboardasset The citizens of Blandford, Massachusetts, a small town in Hampden County, are in complete disarray after the entire police department resigned Monday night, citing faulty equipment and hazardous working conditions. Interim Police Chief Roberta Sarnacki and three officers submitted resignations in a letter to Blandford officials on Monday, effective immediately. “We refuse to put our lives … Read more
by stockboardasset China is increasingly issuing radio warnings to the Armed Forces of the Philippines operating near the heavily contested and militarized islands in the South China Sea, The Associated Press (AP) reported Tuesday. The warnings are much different from before, as officials believe the radio transmissions are coming directly from China’s artificial islands, where Beijing has recently deployed jamming technology, surface-to-air … Read more
by Martin Armstrong In the movie The Forecaster, I explained that they got Yeltsin to take money from the IMF loans and then they steered that wire through the Bank of New York. As soon as that wire hit, Republic National Bank and Edmond Safra, who was the MAJORITY shareholder of Hermitage Capital at that time, ran to … Read more
On Tuesday, officials with the Matanuska-Susitna Borough officially declared a disaster, owing to A cyber attack being called “the worst of its type in the nation.” The attack, which took over the Borough’s systems, bringing down lead servers, phone systems, and individual employee computers, is a multi-faceted threat, which acts in different ways. The attacks, … Read more