by timeinthemarket CNBC: Kraft Heinz slashes dividend, discloses SEC subpoena — stock tanks Kraft Heinz disclosed it has received a subpoena from the SEC as part of an investigation into the company’s procurement accounting policies. The company is also trimming its dividend as it seeks to strengthen its balance sheet. It also reported fourth-quarter earnings and … Read more
https://www.youtube.com/watch?v=sslS9ZkvSVw
By Tsvetana Paraskova A technical committee monitoring the implementation of the OPEC/non-OPEC production cuts has found that the allies achieved an 83-percent compliance with the pledged reduction, four delegates told Reuters on Wednesday. OPEC and a group of non-OPEC producers led by Russia decided in December to cut production by a total of 1.2 million bpd between January and … Read more
by Lynette Zang of ITM Trading Once a central bank crosses a taboo boundary (QE, Negative Rates, using central bank balance sheets etc.) it becomes the standard. But there are other patterns occurring now too. Like the V shaped recovery of the stock markets since the Federal Reserve caved to market pressures. A V shape recovery is not … Read more
Road To Roota, Released on 2/21/19 Deutsche Bank has ILLEGALLY hidden $1.6B in losses for 10 years and it is just NOW being exposed! Who is going to jail for this one? Bix Weir has 30 years’ experience in the financial industry with various fortune 500 companies. He is the creator of the “Road to … Read more
via japantimes.co.jp: Prominent American investor Jim Rogers has warned in a new book that the worst economic downturn in his lifetime is around the corner and that Japan’s future is in jeopardy unless it takes serious steps to deal with staggering debt and a declining birth rate. In an interview with The Japan Times in Tokyo … Read more
https://www.youtube.com/watch?v=dR2RMpSnpvI Very disappointing to say the least AC
By Harry Dent Amazon is the best of this bubble, and in some ways the worst! Yet again, it’ll pay zero taxes to the IRS for 2018! No taxes on sales of $233 billion and profits of $10.8 billion last year. Not a dime. Nada! This is just wrong. And it’s one of many things that are … Read more
by sundance Something completely different. Duke University star player Zion Williamson’s Nike basketball shoe ripped in half less than one minute into the game against the University of North Carolina. “We are obviously concerned and want to wish Zion a speedy recovery,” Nike says. “While this is an isolated occurrence, we are working to identify the … Read more
by Frank Holmes, CEO, U.S. Global Investors Hungary has a problem. Like many Eastern European and former Soviet countries, its population is shrinking thanks to a plunging birthrate and outmigration as young workers seek better opportunities and fatter salaries elsewhere in the European Union (EU). In 2017, the most recent year of data, Hungary had … Read more
By David Stockman Thanks For The Massive Corporate Tax Cut, GOP! CapEx Orders Back To May 2008 Levels California Existing Homes Sales Fall to Lowest Level in More Than 10 Years” Housing demand in California remained subdued for the ninth consecutive month in January as economic and market uncertainties sent home sales to their lowest level … Read more
from Financial Survival Network Tax expert Jeff Socha returns… The new tax law definitely put more money in most people’s pockets. However, due to an anomaly of the tax tables and payroll tax computation software, many people have received smaller refunds. What they fail to understand is that they still ended up with more money and paid less … Read more
by Jesse Colombo Bill Gates recently tweeted a chart (see below) that showed the percentage of the world population living in extreme poverty since 1820. Thankfully, there has been a tremendous improvement in the past two centuries – 94.4% of humans lived in extreme poverty in 1820 versus only 9.6% in 2015. Of course, this … Read more
via Twitter: THe entire investigation – has been overhyped from the beginning – let him report then go after the real criminals – who covered up Hillary et al – and hatched this Dr.P
by John Ward In a period of just nine days during February, a US search engine with links to the NSA has been caught conspiring to record Americans secretly, and censoring news about the populist movement Les Gilets Jaunes; while the French energy supplier EDF has been continuing to force an instrument of domestic surveillance into … Read more
by Daisy Luther Have you ever had a sudden financial emergency? Maybe you lost your job. Maybe your car broke down and requires an expensive repair. Maybe one of the family has had a medical emergency with large, out-of-pocket expenses. Whatever the reason, the steps you should take are basically the same. While I hope that … Read more
Veteran journalist and former ’60 Minutes’ correspondent Lara Logan blasts the mainstream media’s mob mentality. #Hannity #FoxNews CNN is Out Defending Jussie THIS IS CNN: Don Lemon: The worst part about Smollett hoax will be all the conservative pouncing, you know. “Sean Hannity is going to eat Jussie Smollett’s lunch every single second. Tucker Carlson is … Read more
by Graham Summers of Gains, Pains, & Capital The Fed is officially trapped. For years, I’ve stated that the Fed would never be able to normalize policy. Why? As Japan has shown us, once a Central Bank embarks on the path of extreme monetary policy like ZIRP and QE in an attempt to “paper over” a credit bubble … Read more
A stock market “panic” is usually associated with investors rushing for the door all at once. But, here in early 2019, one financial strategist for a major firm is talking about a different kind of panic. It’s a reminder of what was discussed in early 2018, just before the big jump in volatility. https://www.youtube.com/watch?v=7XVX6ECFGcE … Read more
https://bit.ly/2XiUL1t Ezra Levant of The Rebel.media reports: The Trudeau government is proposing a plan to regulate the behavior of the media before the upcoming federal election. And the CBC is cheering them on!
#BREAKING: Maduro announces Venezuela has closed its border with Brazil until further notice- statement — ELINT News (@ELINTNews) February 21, 2019 #BREAKING: Maduro announces Venezuelan government is considering closing the border with Colombia- statement — ELINT News (@ELINTNews) February 21, 2019 GNB have blocked the Cabrera tunnel in Aragua. They’ve stopped a convoy consisting of … Read more
by WARREN MOSLER Asia’s exports to China plunge as economy stumbles (WSJ) Japan’s exports to China in January sank 17.4% on the year to 958.1 billion yen ($8.65 billion), accelerating from December’s 7% drop. South Korean exports to China in January slid 19% on the year, a steeper rate than in the previous two months … Read more
via fastcompany: Usually when people mention pain at the pump, they are talking about a rise in gas prices. Not Krebs on Security. The website wrote this week about a new warning from the fraud-investigation branch of the Secret Service. In a memo to its field offices, Krebs reports, the agency said some high-tech thieves have devised an … Read more