May is going try once more to get the vote for her plan, most likely it will fail, the EU wants this plan this is why she is pushing so hard. New home sales soar more than expected as prices fall. Gold was forced down once again, somebody dumped 11,500 contracts which brought the gold … Read more
by QuantalyticsResearch US Stocks Preview Ahead of the Open Global stocks and US futures are mixed this morning after yesterday’s record close of US stocks, in early trading with front-month Dow Jones minis +0.10%, S&P 500 minis -0.02% and Nasdaq 100 minis -0.03% The US market is ripe for a melt-up, according to Bloomberg today, with valuations constrained and “afraid to miss … Read more
by Michael Snyder Stocks just closed at a brand new all-time record high, ‘Avengers: Endgame’ is coming to theaters, and a 24-year-old man from Wisconsin just won the 768 million dollar Powerball jackpot. If those are the top headlines today, then everything must be good in ‘Murica at the moment, right? Of course that is not true … Read more
by northmantrader Is this the Combustion scenario unfolding here? The blowoff move? Sure seems like it. $SPX and $NDX closing at all time highs, a vertical move out of the gate today and people throwing all caution to the wind chasing stocks with 80+ RSI readings. Risk assets? What are risk assets? These are risk free assets. Greed … Read more
by TFittonJW Heavy lifting gets results: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-admits-hillary-clinton-emails-found-in-obama-white-house/ Also Confirms Over 49,000 Clinton Server Emails Found on Weiner Laptop (Washington, DC) – Judicial Watch announced today that a senior FBI official admitted, in writing and under oath, that the agency found Clinton email records in the Obama White House, specifically, the Executive Office of the President. The FBI … Read more
Americans getting more inactive, computers partly to blame Americans are becoming increasingly sedentary, spending almost a third of their waking hours sitting down, and computer use is partly to blame, a new study found. Over almost a decade, average daily sitting time increased by roughly an hour, to about eight hours for U.S. teens and … Read more
via engadget: An 18-year-old from New York has filed a $1 billion lawsuit against Appleover a false arrest he says happened because of what he believes to be Apple’s face recognition system. NYPD officers arrested Ousmane Bah on November 29th after he was falsely linked to a series of Apple Store thefts in Boston, New Jersey, Delaware and Manhattan. … Read more
We are looking at a time in which real estate makes absolutely no sense. Prices are so insanely high and government are scrambling to support the prices by keeping interest rates absurdly low and offering incentives and giving loans to people who shouldn’t have them. This is a recipe for disaster! This is is different, … Read more
Isaac Morehouse says the people who got duped in the college admissions scandals weren’t the schools that accepted unqualified students but the parents who paid the bribes to get their children in. He’s right. Today we discuss the increasingly irrelevant preparation for the real world that the existing government/university complex gives Americans — a preparation … Read more
US stocks near record levels just as the rest of the world continues to form lower highs! Momentum is fading. Hard to find reasons to buy US stocks at these historically extreme valuations. pic.twitter.com/AtxQKiRm9M — Otavio (Tavi) Costa (@TaviCosta) April 22, 2019 Stress & Liquidity diverging. $SPY pic.twitter.com/MeMzFkT4co — PlungeProtectionTeam (@gamesblazer06) April 23, 2019 https://twitter.com/hks55/status/1120717825730056197
by xmansiphone Source: the big mac index by The Economist Tools: GitHub and Numbers The Big Mac index is essentially based on the concept of Purchasing Power Parity and thus compares the cost of the McDonalds big mac (made using almost the same ingredients in 100+ countries) in different countries to get an idea of … Read more
Billionaire Masayoshi Son reportedly made a massive bet on bitcoin near the peak of the digital currency’s frenze in 2017. The founder of Japanese conglomerate SoftBank personally lost over $130 million when he sold his position, the Wall Street Journal reported on Tuesday. Son has a reputation for making big, risky bets but has had a successful … Read more
Someone needs to sue to challenge this. This absolutely disenfranchises real voters. h/t rumbletubble
https://www.youtube.com/watch?v=jQGkRHV_Lew A financial disaster is underway. How are you seeing it locally?
via americanthinker: The nation is actually doing quite well under President Trump, although you could never tell if your news comes from MSNBC, CNN, ABC, NBC, CBS, collectively the propaganda wing of the Democratic Party. Those manufacturing jobs we were told were gone? They are back. That 3% GDP that eluded Trump’s predecessor has returned and … Read more
by TrentonJay https://www.theatlantic.com/technology/archive/2014/07/the-details-about-the-cias-deal-with-amazon/374632/ Uhm… @BuzzFeed – You took $1.5m direct from (Obama’s) Priorities USA?! Did you cut Fusion GPS out of the deal or something, @BuzzFeedBen? WTF, man?! No wonder you had such a big lay-off in January… pic.twitter.com/Zl37shFmvz — Connected Single-Wides (@2xwide_dreaming) April 23, 2019 He got it from the FEC website: https://www.fec.gov/data/disbursements/?two_year_transaction_period=2016&data_type=processed&recipient_name=Buzzfeed&min_date=01%2F01%2F2015&max_date=12%2F31%2F2016 Checkout the entire thread: https://twitter.com/2xwide_dreaming/status/1120699907403321344 He’s … Read more
via CNBC: President Trump says European Union tariffs hitting Harley Davidson are “unfair.” He pledges to retaliate after the company posted first-quarter profit that fell 26.8%. Harley says falling demand, higher costs from U.S. tariffs on raw materials and European taxes on imports of its motorcycles hurt its earnings. President Donald Trump appeared to reverse course on Harley … Read more
By Rodney Johnson Digital advertising is supposed to be the fuel of the future, funding new companies (#IPOs) that provide us with services we never knew we wanted – Facebook, Pinterest, Twitter, etc. – while tearing away at our privacy. But there’s a problem. Digital advertising is annoying users, and starting to creep us out. … Read more
via kunstler: Unfortunately for the nation, the RussiaGate fiasco is only half over. There is just too much documented official turpitude on the public record for the authorities to answer for and the institutional damage runs too deep. Act One, the Mueller investigation, was a 22-month circle-jerk of prosecutorial misconduct and media malfeasance. Act Two will … Read more
via mybudget360: Millennials continue to face the struggles of living in a world where they are deep in debt and the idea of buying a home is becoming more of a farfetched pipe dream. As recently as 2009 non-housing debt stood at $2.5 trillion. Today it is over $4 trillion, a 60 percent increase in 10 … Read more
By David Stockman This kind of volatility especially at the shortest maturity suggests limited and temporary capacity for spare liquidity. It is the result of a titanic struggle to maintain control. The PBOC has had better success at term, but perceptions about the shortest maturity heavily color how participants act. If you think there’s a … Read more
by DCG Last November I told you how Christopher Rufo, a candidate for Seattle City Council, dropped out of the race due to the intolerance and bullying of Seattle progressives. Rufo, who describes himself socially progressive and fiscally conservative, dared to attend an event sponsored by a conservative group. That earned him the wrath of local progressives – … Read more
By Tsvetana Paraskova Despite the somewhat sudden end of the U.S. sanction waivers for all Iranian oil buyers, Goldman Sachs doesn’t see oil prices rallying much higher. “While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019,” Reuters quoted the … Read more