by Antonius Aquinas Despite being probably robbed of the Democratic Party’s nomination by the Clinton political machine, the success of the Bernie Sanders’ 2016 campaign with his advocacy of “democratic socialism” was an ominous sign of things to come and, in some sense, more telling of the political climate than Donald Trump’s improbable victory in November, … Read more
via CNBC: The Federal Open Market Committee voted 9-1 to keep the benchmark rate in a target range of 2.25% to 2.5%. The action sets up a possible confrontation between Fed Chairman Jerome Powell and President Donald Trump, who has been pressuring the Fed to cut rates. The Fed dropped the word “patient” to describe … Read more
via nikkei: NEW YORK — Surging U.S. business debt, already at historic levels, is posing a potentially huge risk for the global financial system and the world economy, raising concerns among market players and policymakers. Experts are growing increasingly uneasy about both the quality and quantity of debt in the U.S. corporate sector as the amount … Read more
Global media running with the headlines of “hottest global temperature” , today in this place even though it’s not a heat record, then repeats with “hottest global temperature” in that place the next day not a record, all the while forgetting record cold and snow in 13 places in the US and Canada. A look … Read more
VERY interesting document was released recently as a result of the United States of America v. Roger Stone which has exposed a MAJOR INCONSISTENCY in the “Russian hacking” allegations. https://youtu.be/DRYcgnYC-LA Link to document: https://www.scribd.com/document/413428947/Stone-De-123-DOJ-Response-to-MTC-Crowdstrike-Reports
by GoldCore GoldCore Note Gold is lower in dollars today despite increasingly dovish signals from the Federal Reserve, ECB, Australian central bank and other central banks as economies slow. Gold has surged higher in Australian dollars again this week and reached a new all time record high in the Aussie dollar yesterday at $1,974/oz. This … Read more
by AlexPitti When the market projects at least a 70% chance or more of a specific action/inaction on rates, it is almost always correct. As of Tuesday, the market sees a 22.5% chance of a cut in June which means there won’t be one. The Fed will maintain rates. The table below lists Oxford Economics’ expectations … Read more
by MikeThePutz Edit: 1 minute ago S3 updated their new stock borrow costs from the original 90-110% fee to now 90-250% fee. I’m trying to confirm with them and to see why the increase in just an hour? From S3: BYND short int is $979 mm; 5.76 mm shares shorted; 49.18% of the … Read more
by snendroid-ai Its different this time, WHATEVER IT TAKES
by k1next https://raw.githubusercontent.com/camminady/overweight/master/bmi.mp4 Data: The data is taken from https://ourworldindata.org/obesity People with a BMI >= 25 are defined as overweight. People with a BMI >= 30 are defined as obese. Data is available for the years 1975-2016 for many countries around the globe. Tools: python, matplotlib and geopands. More information is here on my blog together with the source … Read more
by PM_ME_YOUR_RATTIES OK, so you’re going to want to build a budget. You can either use prebuilt tools (like Mint or YNAB) or you can roll your own (spreadsheet). Either way, you want to capture all of your set expenses (rent, utilities, transportation, debts, cell phone, car/life/renter’s insurance, etc.) as well as have maximums for your … Read more
by work_login I have a friend with 6 year old Civic that’s paid off and only has 55k miles. About a month ago, I was surprised to hear him talking about getting a new car again. I asked him why he wanted to get rid of his civic and he said he rented a new … Read more
via thesoundingline: The United States engaged in roughly $608 billion worth of research and development in 2018. That figure includes R&D by all entities in the US, from universities to private and public corporations. During the same year, corporations in the S&P 500 spent $806 billion buying back their own stock. In other words, the 500 largest companies … Read more
Aurora Cannabis GE Ford Apple Microsoft Cronos Group Fitbit GoPro Tesla AMD Canopy Growth Snap Facebook Hexo Disney Alibaba Amazon Plug Power Zynga Nvidia https://www.investors.com/news/marijuana-stocks-aurora-canopy-growth-hexo-cronos-lead-millennial-investors/
via @charliebilello: Bitcoin $BTC: +143% REITs $VNQ: +22% Nasdaq 100 $QQQ: +21% S&P 500 $SPY: +18% Oil $USO: +16% Small Caps $IWM: +16% EAFE $EFA: +12% Investment Grade $LQD: +10% High Yield $HYG: +9% EM $EEM: +8% Commodities $DBC: +6% Bonds $AGG: +5% Gold $GLD: +5% Cash $BIL: +1%
via @TaviCosta: $SPY volume almost as low as the last two market tops. via @yuriymatso: Dark pools index dropped today: institutional money sold into today’s rally.
Left in the dark, ECB policymakers divided on stimulus options. "Conversations w/sources on sidelines of ECB’s Sintra symposium showed that rate-setters had not expected such a strong message and that there was no consensus on the path ahead," RTRS reports https://t.co/x8nB71o4Mt pic.twitter.com/JG5By5ABrk — Holger Zschaepitz (@Schuldensuehner) June 18, 2019
Look at this plot from @Callum_Thomas . This market will go a lot higher before it goes lower and it does not matter how crap the data looks (and yes it looks horrible) but other factors are in the driving seat pic.twitter.com/64UQyBZWIp — M vestergaard (@mvesterg) June 18, 2019 Cass Freight index deteriotes further now … Read more
by TFittonJW The largish person in photo is me on roof of our Judicial Watch HQ here in DC.
from Financial Survival Network Jason Hartman says that it’s hard to believe that it’s been a decade since the financial crisis. While we’ve learned some lessons, it’s clear we haven’t learned the important ones that we need to avoid the next crash. While banks are not making reckless liar loans but the lending standards have clearly been … Read more
by Richard Rosso Financial wellness is difficult to achieve without steeled resolve for fiscal self-preservation and an endlessly skeptical nature about the information provided by mainstream financial media. You as saver, investor and commander of assets and liabilities that steer the household balance sheet toward achievement of financial milestones such as retirement planning, must carefully … Read more
by Talldarkn67 Let’s start with the fact that 90% of all American media is controlled by 6 companies and who they are: https://www.businessinsider.com/these-6-corporations-control-90-of-the-media-in-america-2012-6 Now let’s see which of these companies are investing in China and which are not. Let’s start with GE: http://www.chinadaily.com.cn/business/2017-11/08/content_34271935.htm Now Disney: https://skift.com/2018/11/08/disney-ceo-still-bullish-on-china-despite-shanghai-park-slump/ Viacom: https://www.hollywoodreporter.com/news/viacoms-mtv-nickelodeon-unveil-china-partnerships-at-mipcom-1152607 Time Warner: https://www.broadcastingcable.com/news/time-warner-inks-investment-partnership-china-media-capital-114529 CBS: https://www.cbscorporation.com/cbs-studios-international-and-chinese-streaming-platform-iqiyi-announce-licensing-agreement-for-the-late-late-show-with-james-corden/ https://www.newyorker.com/culture/culture-desk/cbs-censors-the-good-fight-for-a-musical-short-about-china Then … Read more
Judicial Watch President Tom Fitton says the Steele dossier was funneled through John Kerry’s State Department under the Obama administration.
Watch the latest video at foxnews.com The State Department revealed Monday that it has identified “multiple security incidents” involving current or former employees’ handling of Hillary Clinton’s emails, and that 23 “violations” and seven “infractions” have been issued as part of the department’s ongoing investigation. The information came in a letter to Iowa Republican Sen. Chuck Grassley, who is … Read more
