SAN FRANCISCO (KGO) — San Francisco’s leaning, sinking Millennium Tower has a new problem after a window cracked on the 36th floor. “This is a window system that’s designed to sustain hurricane force winds so this is obviously of serious concern,” said San Francisco Supervisor Aaron Peskin. The city’s Department of Building Inspection shared photos … Read more
I’m gonna take “not true” for a thousand, Alex: https://tinyurl.com/yby7sasm
by JayFig_The_Trader Will midterm elections sink the stock market? Here’s what history says – https://on.mktw.net/2PsfPxG Here is a summary of my current positioning and trades. Closed Positions Today 9/5/18 Sold XOP Calls September-21st-41 Strike Bought at 1.01 Sold at 1.25 (+23.76% Gain) Opened Positions Today Bought XOP Calls September-21st-41 Strike Bought at 1.01 Current Short Term … Read more
Fannie and Freddie 10 years later from CNBC. When the housing market began its epic and historic free-fall in 2008, mortgage giants Fannie Mae and Freddie Mac faced imminent collapse. The Treasury Department stepped in with a major bailout that July. And it turned out to be a vastly profitable move for Uncle Sam. The … Read more
by brian_willis It’s surprising just how small the bear markets are relative to both the length and returns of the bull markets. I would have guessed a ratio of 70% bull to 30% bear, but it’s more like 90% bull to 10% bear. A good reminder about how the media’s natural pessimism can alter our … Read more
by yes_its_him So the IRS put out some aggregate information on 2016 taxable gross income reported by single people under age 26. 80% earned up to $25,000. Another almost 16% earned $25,000 to $50,000. So that’s collectively 96% of people in that age group who filed tax returns. About 3% made up to $75K, and the remaining … Read more
by Underwater_Grilling I noticed a weird charge in my statement that pays my amazon store credit card off. It’s listed as security 5. I didn’t know what it was but the amount kept going up as my card balance went up. Called the number and the guy answered then danced around what the name of … Read more
via sdbernard:
If you lived in Argentina, and instead of holding pesos, you converted them to Bitcoin at the beginning of the year, then you would have lost even more money. pic.twitter.com/EYcQV3Yn7h — Joe Weisenthal (@TheStalwart) September 6, 2018 https://twitter.com/OccupyWisdom/status/1037530737208119297 https://twitter.com/OccupyWisdom/status/1037476915865628672
Top of the greatest bubble of ALL TIME, and CNBC ratings continue to drop. 80% of public hasn't benefited from these bubbles. "BUBBLEVISION" has cheerleaded for all three, each one costing the country a little more of it's soul. Millions displaced, inequality rampant. #complicit pic.twitter.com/1auohhNa0I — M/1_LP (@MI_Investments) September 6, 2018 #GoldmanSachs Bull/Bear market risk … Read more
Baltic Dry Index <.BADI> rolling over since summer — turning point is here and it could allude to a global slowdown. Stay tuned. pic.twitter.com/xdDM2ojRv2 — Alastair (@StockBoardAsset) September 1, 2018 well, at least Bullard sees the 2s10s inverting sometime this year pic.twitter.com/EHGEIwH2F0 — Alastair (@StockBoardAsset) September 5, 2018 https://twitter.com/OccupyWisdom/status/1037533805203075072 https://twitter.com/pierpont_morgan/status/1037647168918704128
Elite billionaires referring to themselves as using tech to join a ‘class of immortal overlords’ that live twice as long as everyone else? Gee, sounds super fun, can’t wait. Crazy what they’re blatantly admitting to people these days…
via Jeff Sommer The chances of a recession by the end of 2020 are mounting. And the prospects for the American stock market in the next decade have worsened appreciably. Those are prognoses, not facts. But they’re not just offhand projections, either. They are the sober assessments of Vanguard, the $5 trillion asset management firm. And … Read more
via 720 Global Despite the volatility and brief correction earlier this year, the U.S. stock market is back to making record highs in the past couple weeks. To many observers, this market now seems downright bulletproof as it keeps going higher and higher as it has for nearly a decade in direct defiance of the naysayers’ warnings. … Read more
via dataandmedia: Source for data is Nike Created using Tableau There is an interactive version of this data viz that also includes a bit of insight too!
News article: https://www.cnbc.com/2018/09/04/fidelity-offers-first-ever-free-index-funds-and-1-billion-follows.html Link to the funds: Fidelity ZERO Total Market Index Fund (FZROX) Fidelity ZERO International Index Fund (FZILX) Technically they only had $753.5M+$234.18M=$987.68M on August 31 but according to CNBC that’s good enough to round up to a billion. h/t notafeg
https://www.youtube.com/watch?v=yfnzsbyGBvo
via Topdown Charts Something has been happening in the global economy this year – and I say *this year* for good reason. Both the developed and emerging market composite manufacturing PMIs peaked in December last year, and have both seen an almost consistent and synchronized slowdown. We can definitely blame tighter financial conditions and increased market volatility, but political risk … Read more
by Jesse “The courage we need is not the fortitude to be obedient in the service of an unjust war, to help conceal lies, to do our job for a boss who has usurped power and is acting as an outlaw government. It is the courage at last to face honestly the truth and reality … Read more
by Martin Armstrong QUESTION: Hello Martin … I follow emerging markets closely and one thing I note is that the size of the sovereign forex-denominated debt burdens are quite small relative to GDP except in the case of Argentina (48%). Everybody else, including Turkey and Indonesia) is 11% or less. How can you have a … Read more
by Martin Armstrong There has never been a President of the United States who is so hated by the political establishment which is absolutely determined to remove him from office, destroy his empire, and imprison his family while they are at it. The claimed New York Times Op_ed which is supposedly by a high ranking official in … Read more
by Lynette Zang of ITM Trading Lynette is proud to announce a brand new series called “Boots on the Ground”. In this first episode of the new series, Lynette speaks with Yaniv (sp?) from Israel who lived through the Israeli hyperinflation. What does hyperinflation look like, and what about the reset? Tune in to the interview in its … Read more
David Moadel interviewed on Press For Truth In the lead up to the 2008 financial crisis most people were completely unaware that there was anything to be concerned about! According to the media and top economic and financial analysts at the time the economy was doing just fine in fact it was thriving and all was good … Read more
Millions of Trump supporters and members of the Silent Majority who are fed up with your lies and censorship.
