By Doug “Uncola” Lynn via TheBurningPlatform.com Awakened Americans realize the nation’s system of justice now remains at a crossroads. Either the Deep State cabal including the likes Comey, Clapper, Brennon, McCabe, Clinton, Strozk, Page, Ohr, and others will continue on their book tours and talk show circuits – or they will face prosecution at the whim of U.S. … Read more
by Amy S. A new engine that generates electricity from waste hot water could reduce energy consumption and carbon emissions for thousands of different businesses, from cargo shipping to data centres. So says Exergyn, a firm based in Dublin, Ireland, which plans to run the first industrial trials of its technology next year. By James Randerson Globally, … Read more
BY SRSROCCO A top shale producer in the Bakken lost nearly 40% of its value today as investors dumped a record number of shares. Whiting Petroleum’s stock was hammered due to miserable earnings, a huge drop in oil prices, and additional Chinese tariffs issued by the Trump Whitehouse. Whiting’s stock price fell $7 in a single … Read more
by SpontaneousDisorder This chart is not really intended to be a comment on recessions. Its in reaction to the widely held belief that rate cuts are bullish for the stock market. I wrote a bit about the yield curve below, which is a much better predictor of recession and when to expect the recession to … Read more
Federal prosecutors say John Green took kickbacks from businessman James Davis during his 22 years in office while awarding him $35 million in contracts. Authorities say the $675,000 in bribes included more than $300,000 for a Florida retirement home. https://www.fox29.com/news/ex-philadelphia-sheriff-facing-prison-time-over-675k-in-bribes.amp
by Geoffrey Grider In 2017, Facebook announced that it wanted to create a headband that would let people type at a speed of 100 words per minute, just by thinking. It is a sobering reality when you come to the startling conclusion that Facebook is not a product, no, not by a long shot. To paraphrase that classic line … Read more
by GoldCore The Federal Reserve dropped interest rates by 0.25% and the U.S. stock markets fell from all time record new highs. They also signaled to a surprised market that this is by no means an ongoing trend. The markets had to do a double take and were not enamored. Courtesy of Hedgopia.com The Fed has … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Only feeble signs of manufacturing returning to the US (you’ve got to build the plants first). Construction spending, an important part of the US economy, has essentially gone nowhere over the past 18 months – the longest period of drought since the great recession. Total construction spending – residential and nonresidential, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Chicago struggles, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte reach new highs. Drum-roll for Detroit and Cleveland! This is the other side: Not every metro in the US has experienced the kind of blistering housing bubbles occurring in Miami or the San Francisco Bay Area, as illustrated in The Most Splendid Housing Bubbles in … Read more
via Zerohedge: Home-improvement chain Lowe’s told thousands of workers this week that their roles were being eliminated and that the company was outsourcing maintenance, assembly and janitorial services,according to the Wall Street Journal. Maintenance staff and assemblers were notified that they were being laid off, according to employees, and that their roles are going to be outsourced to … Read more