by Tom McClellan The stock market’s relationship to its normal seasonality has gotten wacky lately. October to December is supposed to be an up period for stock prices, and instead we saw a very sharp correction. In recent years, January has typically seen a meaningful decline, but the stock market instead powered higher. In fact, the … Read more
by Golem XIV While everyone is endlessly told about the world-ending dangers of Brexit, I wonder if we should be paying a little more attention to “Deutsche-it”. If the UK leaves the EU the EU will survive. But what happens when – and surely it’s no longer if – but when Deutsche Bank, Germany’s biggest … Read more
by Thinker Patriots to arms and tweets! Let your president know that there are those who have put laws in place to allow immunity for LIES!!! How low can a politician go when the people aren’t looking??? What laws to they pass to allow them to live above the laws? We wait for the next … Read more
You can read the details from his backup account, which uses his real name: Just got an e-mail from Twitter Support. I'm suspended for this. People are spreading a lie about Mike Pence, and I pointed out that it was a lie. So now I'm suspended. pic.twitter.com/dteI9SCcRs — Sean Medlock (@Sean_Medlock) February 2, 2019 h/t … Read more
2 HOURS INTERNET CUT-OFF FOR KIDS… SWITCH OFF Government urges parents to limit their children’s social media use to TWO hours at a time Chief Medical Officer Dame Sally Davies’s formal guidelines come after content promoting suicide and self-harm was linked to death of Molly Russell, 14 CHILDREN should be limited to just two hours-a-time … Read more
Via The Babylon Bee WASHINGTON, D.C.—The Senate advanced a measure this week to rebuke President Trump for withdrawing troops from Syria and Afghanistan in a bipartisan effort to defend the only thing the left and the right still agree on: endless foreign wars. While the left and the right barely ever manage to eke out … Read more
by John Ward The black night of journalism ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I bring good news; Greece ventured out onto the Sovereign debt markets earlier this week, and sold all €10billion worth at a stroke. Athens is saved. Let the bells ring out for our glorious European Union. What, we wonder will Greece do with the money? In … Read more
by John Rubino We Baby Boomers timed it perfectly. We came of age during in an era of plentiful jobs and relatively high wages. Public pensions were generous. Stock, bond and home prices were low, and have since risen strongly, enriching anyone who managed to save regularly. College was (by current standards) insanely cheap, allowing … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “I prefer not to scare you at this point, okay. But it’s something that we’ve been able to withstand”: CEO David Simon. Mall-landlord Simon Property Group – as it says, the largest real estate investment trust “in the world” by market capitalization, with 234 “destinations” for shopping, dining, entertainment, and mixed-use … Read more
by chartr Made this in response to the (mostly positive) feedback on the supermarket margin chart. A few people requested doing one on a higher margin, slightly more interesting company. Apple reported results yesterday evening so I thought this might be of interest. Original: https://www.instagram.com/chartrdaily/ Data: Apple’s 8K SEC filing. https://d18rn0p25nwr6d.cloudfront.net/CIK-0000320193/51268dba-b785-4694-a936-beae1f4e72a9.pdf Tool: Sankey Matic. … Read more