Triton Research’s obfuscation index ranks WeWork at high level Method of expensing costs raises questions, analyst says https://bloom.bg/30nK9iE From their SEC filing: “We have a history of losses and, especially if we continue to grow at an accelerated rate, we may be unable to achieve profitability at a company level . . . for … Read more
by myusernamechosen I was thinking this morning about habits I developed a bit later than I should have, even when I knew I should have been doing them. These are a few things I thought I’d share and interested if others who are out of their 20s now have anything additional to add. Edit 1: … Read more
by visualcapitalist Profits in banking have been steadily on the rise since the financial crisis. Just last year, the global banking industry cashed in an impressive $1.36 trillion in after-tax profits — the highest total in the sector seen in the last 20 years. What are the drivers behind revenue and profits in the financial services … Read more
by howmuch Big companies around the world are reaping the benefits of a strong global economy, with many raking in hundreds of billions of dollars. Every year, Fortune Magazine publishes a ranking of the world’s largest companies by revenue. Our new visualization presents the top 100 companies to make the cut in 2019, including where … Read more
via Zerohedge: As we pointed out yesterday, migration from Hong Kong to Taiwan has surged this year – but not solely because the streets of Hong Kong have been clogged with protesters since June. Young Hong Kongers, like their American counterparts living in San Francisco and Brooklyn, are struggling with the twin burdens of managing rent … Read more
The price of crude oil recently plunged into a decline as trade tensions continue. The drop in the price of this valuable resource came despite the current increasing demand for oil. Commodities trading suffered a major blow last week following this latest development and the escalation of trade tensions between the US and China are … Read more
by Michael Snyder We have never seen anything quite like this. This week the skies above Brazil’s largest city turned black in the middle of the afternoon due to the massive wildfires that are currently raging in that country. But the wildfires aren’t actually happening anywhere near São Paulo. In fact, the smoke that turned … Read more
Considering a career in academic writing is a serious mode for anyone. Even though there is high competition in this field, still it is not impossible to become a professional writer. Academic writing should be structured and well-planned, and the writing should be organized and focused on creating a text which demonstrates knowledge in a … Read more
The Fed’s July 31st quarter-point interest rate reduction may not sound like much. Undoubtedly, businesses, investors, and home-buyers would have preferred for interest rates to go down more dramatically — with guarantees of more reductions to come. With all of the trade concerns potentially affecting the economy, their wish might come true very quickly. Unfortunately, … Read more
by Michael Snyder Now even one of the biggest banks in the entire country is openly admitting that a “slowdown” is upon us. Over the past week or so, the mainstream media has been filled with chatter about the possibility of a recession and what that would mean for the Trump campaign in 2020, and we continue to … Read more
In this special edition of AMERICA First, Sebastian spends the full three hours focusing on the massive scandal known as “Obamagate,” from the illegal surveillance of the Trump campaign to the Deep State attempts to bring down the Trump presidency, with special guests Joe DiGenova, Victoria Toensing, Sara Carter, John Solomon, and Chris Farrell of … Read more
Fed cuts rates and existing home sales break a 16 month losing streak. The [CB]s are in a deep panic, they understand what is happening, Trump is pushing rate cuts and stimulus, this will keep the economy going but destroy the [CB] system. Trump understands the plans of the [DS] push recession and hopefully people … Read more
by Stevemagegod Man the push to discredit anything that goes against the mainstream liberal narrative is ridiculous at this point. I thought liberals were naturally suspicious of big business. So why are they ignoring the claim? Its Congressional Testimony. And last time I checked lying to Congress is a crime. Punishable by fine or imprisonment. … Read more
The patriots are now dropping carpet bombs, a few at time, this is the warm up. Graham sits down with Barr, discussed public rollout. Maxwell photo decoded. Obama has a meeting set in Denmark, think Greenland. Trump decides we don’t need more background checks. Trump ready to add parameters around the Flores law. Carpet bombs … Read more
Central bank policies of zero interest rate policy (ZIRP) and negative interest rate policy (NIRP) have had weird intended and unintended consequences for corporations including now over $1 trillion dollars in negative yielding corporate debt, which is is from only $20 billion dollars in January 2019. Negative yielding corporate debt over $1 trillion now! Surge … Read more
by Mike Shedlock President Trump and his economic advisor Larry Kudlow have important announcements. I can help with translations. Please consider Trump ‘Not Ready’ for China Trade Deal, Dismisses Recession Fears. Consumers Doing Well Trump: “We’re doing tremendously well, our consumers are rich, I gave a tremendous tax cut, and they’re loaded up with money.” Trump Translated: The … Read more
by Frank Holmes, CEO, U.S. Global Investors More than 2.7 million travelers on 44,000 flights travel across the United States each day – a figure that has increased every year since 2008. According to S&P Global Ratings, nearly 45 percent of all Americans took a commercial flight in 2018 and 42 percent of U.S. citizens now … Read more
by Amy S. The world economy has never faced a more perilous situation. While many have just started to debate whether a recession will start in 2019 or 2020, very few perceive the ’black hole’ the global economy is about to get sucked into. With the trade war between the US and China re-escalating once more, … Read more
JUST THINK OF THE MEDIA AS DEMOCRATIC PARTY OPERATIVES WITH BYLINES AND IT ALL MAKES SENSE via redstate: It was recently announced that Major League Baseball will be playing a regular season game at the famed Field Of Dreams stadium, in Dubuque Iowa. This is the now famous landmark location where the titular baseball motion … Read more
From Birch Gold Group Retirees have enough potential problems to deal with when it comes to providing security for their retirement, including the disturbing fact that 42% of Americans may retire broke. You can see in the GoBankingRates chart below that 61.6% of retirees have less than $100,000 saved for retirement, which is far from the amount some experts claim is needed on … Read more
They will also use the big banks to go after retailers and manufactures. Democratic presidential hopeful Sen. Elizabeth Warren (D-Mass.) proposed a plan for “gun violence prevention” that would hike taxes on guns to 30% and 50% on ammunition, ban the production, sale, and importation of “assault weapons,” and launch an investigation into the National … Read more
The spread between the yield on the 10-year Treasury note and that of the 2-year note on Wednesday turned negative for the second time in one week, a recession warning that flashed for the first time since 2005 on Aug. 14. The inverted bond-market spread is seen by many veteran traders as an important recession … Read more
