Does huge buybacks guarantee stocks profits?

by independenttrader Over the past dozen months or so, companies in the U.S. have significantly increased their buybacks spending, i.e., buying back their own shares. We have already explained buybacks phenomenon in older articles, however, we would like to explain this again: “Buyback or share repurchase is a transaction whereby a company buys back its own … Read more

Iran has seized a foreign oil tanker

https://twitter.com/spectatorindex/status/1151798571605229569 Iran seizes ‘foreign vessel carrying smuggled fuel‘ in Persian Gulf – TV — RT World News Source: Iran’s Revolutionary Guards have seized a “foreign vessel,” saying it was “smuggling” one million liters of fuel, the Islamic Republic’s media reported. It comes amid Tehran’s quarrel with London over a seized tanker. The tanker was intercepted by … Read more

New York Democrats Could Eliminate Ocasio-Cortez’s District After 2020

New York Democrats Could Eliminate Ocasio-Cortez’s District After 2020 REP. ALEXANDRIA OCASIO-CORTEZ is prepared for the possibility that Democrats in New York could redraw her district after the 2020 election, she told The Intercept in an interview. Following the 2020 census, every state will draw new district boundaries to reflect changes in the population, the political … Read more

Petition to recall California Gov. Gavin Newsom

by Dr. Eowyn There is a petition on Change.org to recall California governor Gavin Newsom. The petition says: Governor Gavin Newsom in addition to Governor Jerry Brown have declared California a Sanctuary State, importing illegal immigrants to replace the people of California, and give them California’s tax payer funded goods and services in order to … Read more

Want to see something EXTREMELY SUSPICIOUS?

I’ve been scanning for a name ever since the BBC camerman was attacked by a “”””TRUMP SUPPORTER”””””” https://www.thedailybeast.com/trump-supporter-who-attacked-bbc-cameraman-at-rally-wont-be-charged-el-paso-da So I ran across this in my search… Trump Supporter Who Attacked BBC Cameraman at Rally May Not Be Charged: El Paso DA During the El Paso rally Monday night, a Trumpk*n “violently pushed” a BBC cameraman. … Read more

MUST SEE VIDEO: Alpha News Exposes Rep. Ilhan Omar on Tax, Marriage and Immigration FRAUD — Could Result in Deportation!

It should be noted that by American law — When a marriage fraud is discovered, not only might the immigrant face severe immigration consequences, but both members of the marrying couple may face criminal penalties… An immigrant who is found to have committed marriage fraud would likely be removed from the United States (deported). https://www.thegatewaypundit.com/2019/07/must-see-video-alpha-news-exposes-rep-ilhan-omar-on-tax-marriage-and-immigration-fraud-could-result-in-deportation/ … Read more

“I don’t know how I can maintain this face of joy and warmth when I have to go home and forage for food in other people’s garbage”

by Michael Snyder Despite all the bragging that the mainstream media is constantly doing about the U.S. economy, the truth is that most Americans are deeply struggling right now.  59 percent of us are living paycheck to paycheck, and nearly 50 million Americans are living in poverty.  Sadly, most of those that are living in poverty actually come from … Read more

The Three Ds of Doom: Debt, Default, Depression

by Charles Hugh-Smith “Borrowing our way out of debt” generates the three Ds of Doom: debt leads to default which ushers in Depression. Let’s start by defining Economic Depression: a Depression is a Recession that isn’t fixed by conventional fiscal and monetary stimulus. In other words, when a recession drags on despite massive fiscal and monetary stimulus … Read more

London Housing Bust: Prices Fall, Sales Plunge to 2009 Level

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Most other regions in the UK cling to price gains. Home prices in Greater London – all types of homes combined – dropped 4.4% in May compared to May last year, the biggest 12-month drop since August 2009, to £457,471 ($569,000), the lowest since January 2016, according to the UK government’s Office … Read more

How “FaceApp” Can Help You Save More For Retirement

by Richard Rosso FaceApp is taking over social media. It also may help procrastinators focus on long-term goals, like retirement. The face recognition smartphone application is available for free download; a Pro version is available for a fee. The features available in the free version are enough to motivate you to immediately (possibly dramatically), increase … Read more

Global debt levels continue to rise

From Axios: The world’s debt rose by $3 trillion in the first quarter of 2019 — an almost unprecedented borrowing binge that brought total global debt to $246.5 trillion. Why it matters: High levels of debt put countries in a vulnerable position in the event of a downturn and could endanger the world’s economic recovery, said economists … Read more

H.R.1 For the People Act of 2019 Some crazy stuff in this bill 16 year olds registering to vote?

https://www.congress.gov/bill/116th-congress/house-bill/1/text Democrats are attempting to push through new legislation that sounds good on the surface but has some really crazy changes in the text. Allowing 16 year olds to register, requiring telephone and online voter registration. They are also changing the rule regarding free speech surrounding elections in an attempt to snag Trump this time … Read more