#China Shows Signs of Saturation as Car Sales Maintain Protracted Plunge – China auto sales fall for the 10th straight month pic.twitter.com/8etNVmT972 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) April 9, 2019 Porsche delivers 55,700 vehicles in the first quarter The Cayenne recorded growth of 35 percent and was delivered 18,310 times. The new model has … Read more
by NineteenEighty9 https://www.ft.com/content/6c4d38c0-5ada-11e9-939a-341f5ada9d40 Saudi Aramco’s debut international bond sale drew $100bn of investor orders for the initial $10bn available to buy, smashing records for an emerging-market bond sale. How does that imbalance between orders and allocations happen, and what does it mean? How does a company issue a bond? In this case, JPMorgan and Morgan … Read more
“Boeing shareholders sue over 737 MAX crashes, disclosures” – http://www.reuters.com/article/us-ethiopia-airline-boeing-lawsuit/boeing-shareholders-sue-over-737-max-crashes-disclosures-idUSKCN1RL31D The lawsuit alleges that material information about the safety of 737 max planes was known by Boeing and not disclosed to investors. Is this just another nail in this specific safety coffin? Or is this what it looks like after the coffin is done being covered … Read more
via WSJ: Sums owed to retirees are accelerating faster than assets on hand to pay those future obligations Maine’s public pension fund earned double-digit returns in six of the past nine years. Yet the Maine Public Employees Retirement System is still $2.9 billion short of what it needs to afford all future benefits to all … Read more
According to a new report by CBM Capital, the Cannabis industry is set to embrace the contribution Artificial Intelligence (AI) is making on the global economy. By 2030, AI is set to contribute up to %15.7 trillion to the global economy according to PWC. Now, some of the global leaders in the Cannabis industry are … Read more
https://www.axios.com/pinterest-ipo-terms-private-valuation-430d186d-56d5-4a07-acc0-dda415b11734.html This company is going to get bulldozed by Instagram. Reminder that within the same days Pinterest officially filed to go public, Instagram conveniently leaked this upcoming feature: https://techcrunch.com/2019/02/22/instagram-make-collection-public/ Bazinga. h/t panoramicsummer
by Chris Tons of stories out there like these: Americans are dying because they can’t afford insulin Living with Type 1 Diabetes When You Can’t Afford Insulin Insulin is too expensive for many of my patients. It doesn’t have to be … https://www.washingtonpost.com/…/insulin…/c5091c42-56cf-11e7-a204-ad706461fa4f… Jun 22, 2017 – Some doctors are uncomfortable discussing costs with patients; … Read more
by LesPhelps I find the World Health Organizatios pipublications less biased than the CDC, American Cancer Society, American Heart Association or AMA publications. Perhaps they get less funding from US agriculture, food manufacturing and drug industries. Here’s a portion of their US diabetes chart, including the percent of people overweight and obese:
by BHO Barr confirmed that spying did happen. Wether it was illegal or not it the purpose of his investigation. Which directly contradicts the Wikipedia article that falsely states that no spying occurred.
by salvia_d Briefing on how Julian Assange was monitored 24/7 and the information/videos/audio shared with United States. A real life Truman Show. https://youtu.be/QFq38d3Q9qY
We used to be a country where boys put away childish things and became men. Now a large segment never grows up, depends no daddy government handing out “free” shit, and “men” is a hate word. This is 6 minutes everyone here should watch: Congressional Democrats release “heavily edited” video of Candace Owens h/t SuperCharged2000
Here is yet another example of how the American opioid crisis was deliberately manufactured by the Sackler family, the owners of Purdue Pharma. via theguardian: A doctor who led the charge for mass prescribing of opioids in the US, and was then paid by Purdue Pharma to help drive sales of OxyContin, is to testify against … Read more
From Birch Gold Group There are currently two crises in the U.S. in need of attention: infrastructures and public pensions. Unfortunately, this twin crisis appears to have developed into an “either-or” crisis. According to a recent article at Barron’s, States will have to choose one or the other (emphasis ours): There is an infrastructure crisis in America. The U.S. earned … Read more
by Disobedient Media On June 12, 2018 The Washington Post ran an overlooked story where they disclosed that National Security Advisor John Bolton had accepted money from the Victor Pinchuk Foundation, Deutsche Bank and HSBC to return for his participation in speeches and panel discussions. These three entities have been linked to various kinds of corruption including sanctions … Read more
by Walter E. Williams If one needed evidence of the gross ignorance of millennials, and their teachers and college professors, it’s their solid support for socialism and socialist presidential candidate Sen. Bernie Sanders. Socialism has produced tragedy wherever it has been implemented. Last year marked the 40th anniversary of nearly 1,000 Americans perishing in a mass … Read more
via CNBC: One long-lasting impact from the crisis — caused in part by irresponsible bank behavior — is suppressed interest rates, Wells Fargo analyst Mike Mayo wrote. “It’s absolutely a wealth transfer from prudent savers to the borrowers and risk takers,” Mayo said. American savers have lost $500 billion to $600 billion in interest payments … Read more
Goldseek Radio, Released on 4/9/19 http://radio.goldseek.com/nuggets/armstrong.04.09.19.mp3 Click Here to Listen to the Interview The dialogue includes an overview of the Presidential Cycle and US stock market performance. Stock indexes could climb to record highs if history acts as a guide amid fresh foreign capital inflows. Global investors seek out the key shares with big media … Read more
via energyandgold: Bob Moriarty, founder of 321gold, is not one to be shy about what he thinks. In this month’s conversation Bob lays out why he thinks global equity indices are on the verge of rolling over after reaching a bullish sentiment extreme. We also delve into the Miramont mess of a couple weeks ago and why he is … Read more
via silverdoctors: Editor’s Note: This post is subjective opinion, and it will offend most readers. *** Hmm. I’m confused. Maybe you can help me out? You see, something disturbed me yesterday, and I can’t get it out of my head. Would it be wrong for serial rapists to teach Sex Ed in American public high schools? … Read more
by jessefelder Just over a year ago, I wrote “The Fantastic Four That Make FANG Look Tame,” highlighting four stocks in the Dow Jones Industrial Average that had dramatically outperformed some of the most popular growth names in the market and had soared to their highest valuations in history in the process. To me, this … Read more
By Irina Slav President Donald Trump has signed an executive order seeking to limit states’ powers in the approval or rejection of new oil and gas pipeline projects. CNBC reports the signing was scheduled for a trip to Texas yesterday, and expectations are that opponents of new oil and gas infrastructure will challenge it in court. Some … Read more
OPEC REPORT: Venezuela reports collapse in oil supply, tightening global market. “In a monthly report, the Organization of the Petroleum Exporting Countries said Venezuela told the group that it pumped 960,000 barrels per day (bpd) in March, a drop of almost 500,000 bpd from February.” This Reuters story describes Venezuela’s production collapse as an “involuntary curb,” which … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In some cities, you get what is considered a walk-in closet of a McMansion. It’s not totally fair to compare rents in Tulsa with rents in San Francisco because household incomes are different as well. One way to look at this is to figure out how big of an apartment a … Read more
Panic sets in when delinquencies rise too high. Just like in 2007 with subprime, it doesn’t take an extremely high percentage either. Just enough to break the derivatives. Look at how many people simply look at the percentage (which is still reasonably high) and suggest it’s not a problem. They don’t understand what derivatives are. … Read more
By Irina Slav Crude oil prices brushed off the Energy Information Administration inventory report today, which saw a 7-million-barrel build in crude oil inventories for the week to April 5. The authority also reported a reduction in gasoline inventories a day after the American Petroleum Institute estimated those had declined by 7.1 million barrels. The EIA confirmed a … Read more