Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Welcome to the Big Club of Saturation & Decline. For the month of December, light new-vehicle sales in China plunged 13%, compared to a year ago, to 2.23 million vehicles, the China Association of Automobile Manufacturers (CAAM) announced on Monday. Sales through June had risen 6%, but then came July, and … Read more
by Charles Hugh-Smith If we follow the logic and evidence presented in these seven points, we are forced to conclude that the fractures in France, Germany and the EU are widening by the day. When is a nation-state no longer a functional state? It’s an interesting question to ask of the European nation-states trapped in … Read more
by Michael Snyder We continue to get more confirmation that the global economy is slowing down substantially. On Monday, it was China’s turn to surprise analysts, and the numbers that they just released are absolutely stunning. When Chinese imports and exports are both expanding, that is a clear sign that the global economy is running … Read more
by Michael Snyder Does Gillette really think that they are going to sell more razors to men after millions of men watch their horrific new ad that is essentially an all-out assault on masculinity? The new ad is entitled “We Believe: The Best Men Can Be”, and within the first few seconds the term “toxic masculinity” … Read more
Image credit: Pexels Whether you’re looking for extra cash or a new career, real estate is currently a booming, profitable industry. Currently a seller’s market, the real estate industry is full of opportunity, but could be a risky endeavor for those who aren’t experienced and don’t do their research. If you’re asking yourself, “should I … Read more
Amazon is one of the greatest companies offering online concerned with doing trade on internet commerce, advancements in technology using artificial intelligence(involved with making computers behave and act like humans) among other services. Amazon started as a small company and later diversified to be among the pioneers of technology. Services provided by the Amazon include; … Read more
by John Coumarianos Are technology stocks cheap? It seems like a strange question to ask as the market drops on news that Apple has indicated weaker future sales. I also doubted whether Facebook’s price reflected its business value in the middle of this past summer. I thought fair value for the business was around $140 per share assuming it … Read more
via @StockBoardAsset: China, Japan, & South Korea have been leading the recent market swoon Baltic Dry & Tanker rates fading hard in the first few weeks into 2019, not an optimistic sign for global trade lot of headlines from China Global Exchange Rates YTD. In the next few weeks, I will be visiting one of these … Read more
Record Junk-Bond Inflows? LOL – people are losing it pic.twitter.com/CU6lwtgsZM — mcm-ct.com (@mcm_ct) January 14, 2019 Isn't that odd, the stock market just stopped going up when leveraged loans index hit resistance pic.twitter.com/KSFYhWcqdF — Alastair (@StockBoardAsset) January 15, 2019 CDX NA IG (daily) holding 50sma pic.twitter.com/f2yt69G0Xa — Alastair (@StockBoardAsset) January 15, 2019 retail just looks … Read more
EU is willing to extend the BREXIT but will not change the agreement. What the EU wants is for May to convince her government to go along with the deal. The government shutdown might not be what everyone thinks it is. Trump promised to drain the swamp, this is the economic swamp that is a … Read more
1) China US get trade deal Mar 1 2) Brexit approved this week 3) Gov reopens 4) Strong bank earnings 5) Oil stays above $50 to keep pressure off credit 6) Asian economic data improves https://twitter.com/hks55/status/1084903962946473984 https://twitter.com/EvelynSprague/status/1084853456605712384 WATCH | Sir Bill Cash: "Will [the PM] confirm that she will never extend the date of our … Read more
The NYT article is turning out to be a big fail, they are showing the FBI was corrupt, Brennan was the conductor of the dossier, the world is catching on and the [DS] is digging their hole deeper and deeper. Mueller report is going to be a flop and the [DS] knows it, this is … Read more
by visualcapitalist An estimated 90% of world trade is facilitated by maritime shipping, and as trade volumes continue to increase, the world’s busiest ports continue to grow larger and more efficient to meet demand. In fact, in just the last four years, the median annual volume of the top 50 ports jumped from 5.49 to 5.86 … Read more
via mishtalk: German, French, and Italian industrial production collapsed in November. Italy GDP is negative for 3rd Quarter. Italy GDP Italy’s GDP was negative for the third quarter. Gross domestic product (GDP) in the euro zone’s third largest economy fell by 0.1 percent in July-September due to weaker domestic demand, statistics bureau ISTAT said, the first … Read more
via Bloomberg: The 14 percent drop in the S&P 500 Index last quarter has big implications for state and local pension funds, which probably saw the value of their assets fall by about 7 percent. Investors with the benefit of a long-term horizon have the ability to ignore market dips, and pension funds are among the longest-term … Read more
via CNBC: Former Federal Reserve Chair Janet Yellen thinks the central bank may have implemented its last rate hike of this cycle. A faltering global economy whose weakness spills over into the U.S. could push the Fed into a prolonged pause, she told a gathering of retailers in New York. The Federal Reserve already could … Read more
by bolivious I’ve used TurboTax Free for the past 7 years to file my taxes. This year, when I got to the student loan interest portion, I got this notification. TurboTax now requires you to upgrade to deluxe for $39.99 in order to take this incredibly common deduction. There doesn’t seem to be a work around … Read more
by FlashbackUniverse My state is trying to make Personal Finance a required class for graduation. I think this is something we’ve needed for a long time. — it made me wonder if any other states are doing this. via wistv: COLUMBIA, SC (WIS) – A pre-filed bill in South Carolina would make it a graduation requirement … Read more
TSA Staffing Shortages Spread… The partial government shutdown rippled through the U.S. transportation system Monday as staffing issues closed a security checkpoint at Houston’s largest airport and the world’s biggest hub in Atlanta suffered unusually long lines. The issues at several airports stem largely from a shortage of Transportation Security Administration staff, who have been calling in … Read more
Less sitting, more moving tied to living longer (CNN)Doing less sitting and more moving is tied to living longer, according to a new study. Replacing 30 minutes per day of sedentary time with 30 minutes of physical activity at a light intensity was associated with a 17% lower risk of early death in a study … Read more
BREXODUS? Fresh blow for Theresa May as pro-Brexit Tory whip Gareth Johnson QUITS 24 hours ahead of crunch vote on deal – with more set to follow Gareth Johnson blasted the deal as ‘disrespectful’ to the people as the PM battles to win last-minute support for her hated agreement today ANOTHER member of Theresa May’s … Read more
https://youtu.be/5Hm8-OQSG18 Controversial journalist Laura Loomer has brought an “illegal alien caravan” to Nancy Pelosi’s house to highlight the House Speaker’s hypocrisy after she called walls immoral. https://t.co/PieonwNDPe — Paul Joseph Watson (@PrisonPlanet) January 14, 2019 From the PJW article: Controversial journalist Laura Loomer has brought an “illegal alien caravan” to Nancy Pelosi’s house to highlight … Read more
by COMPUTER1313 https://www.bloomberg.com/news/articles/2019-01-14/pg-e-ceo-is-said-to-leave-with-utility-at-brink-of-bankruptcy?srnd=premium The San Francisco-based company has begun a search for a new CEO following Williams’ departure, according to a statement issued Sunday. PG&E general counsel John Simon will take the helm in the meantime. Williams, 57, took over as CEO in March 2017 and is leaving after a catastrophic three months for PG&E. Her … Read more
by TFittonJW Was on Fox this am making some big points: And from our Weekly Update:
Was the drop a DEAD CAT BOUNCE? Or is this the right time to BUY THE DIP? The U.S. stock market briefly fell into a bear market or just about, depending on which you look at. Globally, stocks have come off of their lows after being severely punished from October onward. Since the Fed meetings … Read more