Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Orders for Class 8 trucks in August jumped 153% from a year ago to 52,400 trucks, beating by a smidgen the orders in July, which had been the highest number of monthly orders ever recorded. These are the heavy trucks that haul the products of the goods-based economy across the US, … Read more
This Week in Enron – Up in Smoke Edition$TSLA$TSLAQ pic.twitter.com/KR4cTRRH6b — TC (@TESLAcharts) September 7, 2018 Aside from that, how was the play Mrs. Lincoln?$TSLA pic.twitter.com/bv5yDrJYOh — TC (@TESLAcharts) September 7, 2018
https://twitter.com/OccupyWisdom/status/1037953894045888512 https://twitter.com/OccupyWisdom/status/1037953856846614528 https://twitter.com/OccupyWisdom/status/1037953875607781376
BY SRSROCCO The U.S. Government’s balance sheet is one step closer to blowing up as its debt, and interest expense hit new record highs. And when I say “new record highs,” I am not exaggerating. It’s been a while since I checked the data on the TreasuryDirect.gov website, but when I researched the figures for … Read more
via Marketwatch: One of China’s largest conglomerates intends to completely exit its stake in Deutsche Bank AG and unload the vast majority of overseas investments it made in recent years, according to people familiar with the matter, a significant comedown for a once-highflying company. HNA Group Co. 000616, +2.32% , an owner of airlines and hotels that amassed … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent warnings by JP Morgan’s top quant (quantitative analyst) Marko Kolanovic who claims we will soon see flash crashes and a great liquidity crisis. Kolanovic claims that this will likely take place after the first half of 2019, but one cannot really say. … Read more
by Nate 1. The key to successful investing is having everyone agree with you — LATER. The most popular investment of the day is rarely the best investment. If you want to know what’s popular, look no further than the front page of your favored business journal… Or just tune in at your next cocktail party. 2. … Read more
by Dave I’m waiting to see what it says in the next day or so. If I start to see that rash of “red” sell signals, I’ll bail out. Otherwise, maybe there’s a 20% move in the near future, the same way there was a few weeks ago at 250.
by TFittonJW Here is Judicial Watch’s recent take:
The Wall Street Journal publishes an obvious question about Amazon employees requiring assistance in a headline, and then they never answer the question.
by Lance Roberts Doug Kass made an interesting observation about the market yesterday: “The month of September started with optimism. That optimism has faded in the last two trading days. The most notable winners (year to date), FANG, have been particularly weak as investors begin to understand (thanks to the Congressional testimony and hearings) that … Read more
by David Robertson Here we are, ten years after the bankruptcy of Lehman Brothers, and one would be hard pressed to find evidence of meaningful lessons learned. “As long as the music is playing, you’ve got to get up and dance,” – Chuck Prince, Citigroup Chuck’s utterance now sounds more like a quaint remembrance than … Read more
by RMFN Are tech giants like google, facebook and twitter doing the bidding of the “corporate media”? Is CNN behind the deplatforming of Alex Jones? Are they colluding to stifle the economic expression of a competitor? I think so. Collilusion of this type is a clear violation of anti trust laws. Are they really that … Read more
by Dana Lyons September of the 2nd year of the Presidential Cycle is historically the weakest month of the 4-year cycle. Since working off its early year correction, the U.S. stock market has been on one of those inexorable runs that we’ve seen on so many occasions in recent years. Such runs have seen the market … Read more
by RMFN Two years ago protect veritas released this video of a high level DNC member discussing how protesters are paid and used to disrupt events. Rigging the Election – Video I: Clinton Campaign and DNC Incite Violence at Trump Rallies Remember this? I do.
via techdirt: Telecom monopolies have a pretty good racket going. They’ll consistently demand all manner of tax cuts, subsidies, and other government perks in exchange for broadband networks they only half or partially deploy–or jobs that never materialize. The nation’s telcos in particular have received countless billions in taxpayer subsidies to expand their broadband networks, yet time … Read more
h/t SocialJudgmntWarrior
From Kitco: With the U.S. dollar stealing the safe-haven status from gold this summer, a potential “win-win situation” for the precious metal could be just around the corner, according to the ScotiaMocatta bank. “Gold continues not to attract safe-haven interest, even though parts of the global financial system are stressed. International investors see the U.S. as … Read more
by Tom McClellan Every chart of price data is a depiction of a ratio. If you look at a chart of your favorite stock, what you are really looking at is the ratio of the value of your stock to the value of the dollar, since stock prices are quoted in dollars. AAPL recently was … Read more
What was Nike thinking? What was Nike thinking? — Donald J. Trump (@realDonaldTrump) September 7, 2018 It was me. That’s what you get for claiming “anonymous sources” disproved my birth certificate. pic.twitter.com/EwcOVQWA3T — Barack Obama ____________________________🇺🇸Fan (@ThePresObama) September 7, 2018 You said it. — Barack Obama ____________________________🇺🇸Fan (@ThePresObama) September 5, 2018 The Worker in … Read more
by Daniel Carter America’s political sphere is becoming a place where outcomes considered unthinkable in the past are becoming reality. This can almost entirely be attributed to the rise of populism. In recent decades, the ruling-class has presided over a disastrous foreign policy, deep economic recessions and the diminishment of human rights. Now, it appears the … Read more
https://www.youtube.com/watch?v=lRYwyVAhsD4 Randy DeSoto for the Western Journal reports, Former Secretary of State Condoleezza Rice rebutted California Democratic Sen. Kamala Harris’ argument that Supreme Court nominee Brett Kavanaugh cannot be trusted to equally apply the law due to his conservative political views. Read More/Source/Credit/FairUse: https://www.westernjournal.com/rice-c…
You guys see where an anon found the source: https://twitter.com/mightycassandra/status/1037695644180377603?s=21 Or at least, the beginning of where to dig 😀
by Ivaginaryfriend A couple different livestreams to choose from: C-Span Fox News Fox 10 Pheonix PBS News Hour In case you missed it: Confirmation hearing Day 1 Confirmation hearing Day 2 Confirmation hearing Day 3 For those asking: Likely committee vote on Kavanaugh: September 20 Likely procedural vote to end debate on Kavanaugh on the … Read more
by Daniel Carter The culture war continues to grind forward, on and on. Every day social media is filled with hysteria because Trump did this or the left did that. This week, there was a ridiculous level of outrage over Nike’s endorsement of Colin Kaepernick, who has become a symbol of leftist ideology. In response, Trump … Read more