One was caught red-handed engaged in nepotism. Another, a lawyer no less, admitted to shoplifting at a Marine barracks store. A third leaked sealed court information to the news media. And a fourth engaged in fraud by turning a government garage into a personal repair shop. Four cases, all solved in the past month, with … Read more
via QZ: Amazon plans to shutter its four-year-old Amazon Restaurants delivery service in the US this month, GeekWire reported June 10. The service, which launched in Seattle in 2015, had expanded to roughly two dozen US cities and London. Amazon closed Amazon Restaurants in the UK in December 2018, after two years of operation. Amazon started the food-delivery … Read more
With arguably the most important two weeks of the year looming, on Friday Bank of America’s Chief Investment Officer, Michael Harnett, laid out a 2-by-2 matrix summarizing the four possible scenarios that could result from the Fed’s announcement next week, and the G-20 meeting on June 28-29, where there is a chance (if minuscule) that Trump … Read more
via scmp: Taoran Notes commentary also seeks to play down expectations over possible meeting between Xi Jinping and Donald Trump in Japan later this month It says Beijing is showing its determination when it comes to ‘genuine battle preparations’ Chinese state media has warned the countermeasures Beijing is taking against Washington’s increased tariffs and technology … Read more
Incredibly bullish for gold. Real yields inverted have broken out of their six-year downtrend. Confirmed by yield curve inversions and new Fed easing bias. pic.twitter.com/thJgM13odf — Kevin C. Smith, CFA (@crescatkevin) June 14, 2019
#China industrial production growth in one chart! pic.twitter.com/pEs2Tb3yFa — jeroen blokland (@jsblokland) June 14, 2019
via @RadicalAdem: • markets that generate attractive returns come w/ a higher risk of loss. • liquidity dries up when needed most. • markets are most vulnerable when overleveraged. • Low Vol breeds High Vol. • New financial contraptions – such as MBS’s, CDO’s, CDS’s, CLO’s, portfolio insurance, etc – might solve immediate problems and … Read more
Grant’s Almost Daily, submitted by Grant’s Interest Rate Observer Recovery room On Wednesday, the U.S. Treasury reported that Uncle Sam’s May deficit totaled a record $208 billion, bringing the 2019 year-to-date (the fiscal year begins on Oct. 1) shortfall to $739 billion. For context, full-year 2018 and 2017 saw gaps of $779 billion and $666 billion, … Read more
CNN’s Jim Acosta recalls ‘quaint’ Romney gaffes, including one that wasn’t a ‘gaffe’ at all: For many voters on the Right (myself included), the “binders” moment served as further proof that it does not matter who the GOP submits as its presidential nominee. He can be as kind and decent as Romney, and Democrats and … Read more
by David Haggith “The perfect storm” has become a cliché, but the current setup for a 2019 recession just became so text-book perfect in alignment of the three most critical recessionary forces that I have to use it. Let me start by noting that a stock market that rallies because the news is bad — as happened … Read more
via Zerohedge: The latest Cushman & Wakefield commercial real estate report shows demand for US industrial space collapsed 60% on year in 1Q19, reflecting the global synchronized decline and the deepening trade war. Cushman & Wakefield’s economists warned President Trump’s trade war is unraveling complex supply chains around the world that have led to a slump in demand … Read more
via Zerohedge: Right now, millennials represent the largest single consumer group in the United States: they number 83.1 million and they represent a full quarter of the US population. When it comes to corporations targeting consumers, millennials are at the top of the list for those obvious reasons, according to a new article by Adweek. But … Read more
Authored by David Hay via Evergreen Gavekal blog, “Although macroeconomic forecasting is fraught with hazards, I would not interpret the currently very flat yield curve as indicating a significant economic slowdown to come.” –BEN BERNANKE, Former Fed Chairman in a March 20, 2006 speech “It was popular to play down the significance of the inverted … Read more
…”The Federal Reserve hiked interest rates three times in 2018 – with a fourth likely before the new year – and has also expressed plans to increase them more than once in 2019. ” …..”A marginally higher interest rate doesn’t necessarily add a significant amount to the total you pay back to a lender for … Read more
by vvvelaxtrummm (a) Create an app which allows “retail investors” with handheld portable computers, to gamble on the Stock Market all day. (b) Sell the trading data of the retail investors, immediately and in real-time, to the Big Institutions, so they can crunch the numbers and see what exactly these retail customers are doing. … Read more
via Zerohedge: In April, we pointed out that over the prior months, many public health experts had claimed the deadly Ebola virus outbreak that has been ravaging the Congo will not become a global health threat, despite recent events painting a much less optimistic picture. We also warned that despite people in the West often thinking of Ebola as a disease … Read more
Note: Report begins at 0:51. Good evening, I’m still reporting on: Impeach Trump Rallies Rip the Nation , 2700 h/t DS
https://www.youtube.com/watch?v=DlSTyz_dXFs Imagine a countries getting together and imposing sanctions on us. Imagine another country trying to impose a regime change. How would WE feel? How would WE react?
by Wayne Root Hugo Chavez was one of the most evil socialist dictators ever. He took the richest country in Latin America- Venezuela- and turned it into a disaster of misery and poverty in only five years. How bad? The people had no food or toilet paper. And critics of Chavez were tortured and murdered. Isn’t … Read more
by DCG Another self-important Hollyweird celebrity who thinks he knows what is best for the citizens of Georgia rather than the elected officials. Hey Spike, why don’t you worry about the kids being killed in the streets of Chiraq? You know, the same name of your 2015 film that lost $12.3 million dollars? Guess you can’t be … Read more
https://www.youtube.com/watch?v=ECTR2-9AASg 100% Fed Up reports, What brings hundreds of Congolese illegals to the southern border of the US? The answer is great freebies compliments of the US taxpayer and a free pass into the US. Read More/Source/Credit/FairUse: https://100percentfedup.com/just-in-w…
Tim Pool: Youtube Has Censored My Video About Censorship, Yes Seriously Speaking of #VoxAdpocalypse — NEXT WEEK a brave insider is coming forward from deep inside Silicon Valley. @Project_Veritas + our insider will show you damning documents that #bigtech won't want you to see . . . STAY TUNED. — James O'Keefe (@JamesOKeefeIII) June 5, … Read more
by Jesse Colombo While most people – including mainstream economists – seem to believe that our bubble problems ended when the U.S. housing bubble burst in 2008, the reality is that there are even more bubbles forming today than before the Great Recession. I listed the bubbles that I am warning about in a detailed piece that I wrote … Read more
Cristina Laila from The Gateway Pundit reports, House Intel Chairman Adam Schiff on Wednesday dragged out two FBI witnesses who just happen to be Comey and Mueller sycophants to testify in a hearing about Mueller’s report. https://www.youtube.com/watch?v=e09PgyNz4MU Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
by Amy S. AMERICANS ARE ILL PREPARED FOR EMERGENCIES AND DISASTERS, SPECIFICALLY IF THE COUNTRY IS WITHOUT ELECTRICITY FOR A LONG PERIOD OF TIME. Heres the REAL reasons why 90% of the population wouldnt survive 6 months without power. If a solar event like that of 1859 happened today the power grid would be wiped … Read more