Bridgewater Associate’s released research that, in their view, suggests that the consistent expansion of profit margins is coming to an end. Since this expansion is and has been an assumption in equity pricing for decades, they believe that if this expansion stops or reverts to a mean, than equity prices are greatly overvalued. This is the … Read more
The problem has gone unaddressed by the bank despite complaints from customers and employees, including one in the bank’s debt-collection department who grew concerned after taking in an estimated $100,000 in overdraft fees over eight months. It is not clear how many people have been affected, but aggrieved customers have brought complaints to the Consumer … Read more
by fcf-whore Now, you’re probably thinking to yourself, “not this sh*t again, I nearly blew my entire food budget on this last summer.” Well, I’m here to tell you that this time is different. We all know that semiconductors, specifically memory producers, are cyclical. When stocks go up, volatility is your friend. When stocks go … Read more
by nooorol YouTube video of Buffett talking about GE’s problems: The Markopolos report is essentially quantifying these problems and showing that they are far more serious than previously believed Read the report here: http://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/2019/8/15/2019_08_15_GE_Whistleblower_Report.pdf Be careful, everyone
Richly priced growth stocks are an asset bubble. Leadership is narrowing. The Fed can’t save the day because it already created the imbalance. Now it’s behind the curve. https://tdameritradenetwork.com/video/rB4AoWyFHyOBbJrzrM0FkA After the move over the last two days, we are only behind the GFC and the “DotCom Crisis” as far as rates priced in (81bps at … Read more
By – Ruby Henley Jeffrey Epstein told his attorney he would win his case. He was in extremely good spirits and felt optimistic. His attorneys felt he was delusional, but that was unimportant to them. It is certainly clear to me he was living several cells down from someone he feared and with good … Read more
By – Ruby Henley Some of you may be asking why I call it a ‘death’ instead of a ‘murder’ or ‘suicide.’ As a thinker and a writer, I simply have not reached a conclusion on what I believe at this time. If I told you I am leaning toward ‘suicide,’ you would probably be … Read more
Watch the latest video at foxnews.com “Real Time” host Bill Maher doubled down Friday on his desire for the U.S. economy to fall into recession in hopes of blocking a second term for President Trump — telling his panel of guests any hardship that results would be “very worth” it. “I’ve been saying for about two years that I … Read more
https://www.youtube.com/watch?v=QaxVBRxtAbo They compare it with the eruption of the Tambora in 1915; even larger than that of Mount Pelée (1902), that of Krakatau (1883) and that of Pinatubo, in the Philippines (1991).
https://www.youtube.com/watch?v=y48fzNyrUZQ Molly Prince from The Daily Wire reports, Presidential hopeful and former Housing and Urban Development (HUD) Sec. Julian Castro released a new campaign ad on Wednesday accusing President Donald Trump of directly inciting the event in El Paso, Texas. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/50652/…
LOS ANGELES — Between fraudulent phone calls, phishing emails, and various other online schemes, there are plenty of opportunities nowadays for older, not so tech-savvy, adults to become victims of a financial scam. Amazingly, a new study finds that it’s not far-away con artists and strangers who are more likely to prey on vulnerable seniors. Instead, acts … Read more
CANCUN, Mexico — Donna Ferguson awoke in the resort city of Cancun before sunrise on a sweltering Saturday in July. She wasn’t headed to the beach. Instead, she walked down a short hallway from her Sheraton hotel and into Galenia Hospital. A little later that morning, a surgeon, Dr. Thomas Parisi, who had flown in … Read more
by David Stockman on SBTV SBTV spoke with David Stockman, the former Director of the Office of Management and Budget under President Ronald Reagan, about how the Federal Reserve’s policies are sending the economy into a prosperity-extinguishing crisis. David Stockman is also the author of several books including his latest book ‘Peak Trump: The Undrainable Swamp and the … Read more
Steven breaks down why CNN’s Chris Cuomo is a piece of sh*t. h/t DS
https://www.youtube.com/watch?v=ljwbpJBkjs4 Chinese military and security service vehicles stationed less than five miles from the Hong Kong border in Shenzhen were seen on standby on Saturday. Soldiers participated in drills & marches across the pitch at the Shenzhen Bay Sports Centre while vehicles lined up on its perimeter.
5:30 In this episode of the Keiser Report, Max and Stacy ask whether or not US rates could go negative. In Denmark, where households carry the highest debt to income ratio in the OECD, even mortgage rates have gone negative! In the second half, Max talks to Karl Denninger of Market-Ticker.org about negative yields, long … Read more
Boris Johnson has a message for the entire UK, we work for you, we will do what the people want, there will be a BREXIT in October, you have elected us to do a job. The [DS/CB] are pushing their agenda to stop the economic system from coming into existence. The MSM received the 4am … Read more
via NYPOST: Democrats seeking their party’s 2020 nomination seem convinced that health care systems in Canada and Europe are better and cheaper than America’s because the government plays a larger role in them. But our country is distinguished less by its level of public spending on health, which is near the average for developed countries, … Read more
via freebeacon: Democratic congressional candidate Dan McCready (N.C.) on Sunday accused his Republican opponent Dan Bishop of not believing in public schools, despite sending his children to a private school that costs $18,000 a year. McCready, who will be facing state Sen. Bishop in a September 10th special election for North Carolina’s 9th Congressional District, participated in … Read more
As Henry Markopolos readily admits, GE has reportedly been playing fast and loose with its revenues for decades, which is why thousands of analysts were shocked to see the dogged Madoff whistleblower publish a report Thursday morning warning about ‘Accounting Irregularities’ at the once-mighty industrial conglomerate, which amounted to almost $40 billion. Markopolos continued that … Read more
by kit8642 The official story on Jeffrey Epstein’s death, is that he: Tried to kill himself two weeks ago. (Cell mate was cleared of any wrong doing) Was taken off Suicide Watch While the guards were asleep in the same prison El Chapo was in. He hung himself with his bed sheet from his bed … Read more
via MarketWatch: In a recent column, I focused on five key factors which indicate that housing markets may be topping out. Yet one other important factor may be the main reason why housing prices have not already deflated. Investors have always played an important role in housing markets. I have written extensively about the crazy bubble years … Read more
By Dagny Taggart Earlier this year, an infectious disease expert warned that a deadly disease found in deer could infect humans in the near future. Often referred to as “zombie deer” disease because of the symptoms, Chronic Wasting Disease (CWD) has been reported in at least 26 states in the continental United States and in four provinces in Canada. … Read more
by Shaun Richards In our new financial world where pretty much everything depends on the whims and moods of central bankers one of the main leaders is the ECB or European Central Bank. Yesterday we got one version of its future from the Governor of the Bank of Finland Ollie Rehn. So let me hand … Read more
