Reddit is expanding their Anti-Evil team. In August, several positions opened in the world of Reddit’s Anti-Evil operations, a shadowy content-moderation initiative which, according to the company, “works almost entirely behind the scenes.” However, few users and moderators truly understand the content policy, nor are they meant to. One potential implication is the action is … Read more
via CNBC: A sudden pullback in spending among the wealthy could cascade down to the rest of the economy and create a further drag on growth. High-end real estate is having its worst year since the financial crisis. Luxury retailers are struggling while discounters like Walmart and Target thrive. At this month’s massive Pebble Beach … Read more
by theorganicprepper A mysterious new beef recall has taken place because the meat is “unfit for human consumption.” According to Food Safety News: Chino, CA-based American Beef Packers, Inc. late Saturday recalled approximately 24,428 pounds of raw beef products that are deemed unfit for human consumption, according to the U.S. Department of Agriculture’s Food Safety and … Read more
https://www.youtube.com/watch?v=5rj-mRw2mQY Sources: https://youtu.be/fPPPExnnBnU
Democrats Are LOSING Union Support To Trump, “The Far Left” Is NOT Working Class. Trump recently fired back at the head of the AFL CIO over criticism on the new trade agreement with Mexico and Canadao called the USMCA. Trump claimed that in private the union leader was grateful but once the cameras turned on … Read more
via MarketWatch: As the Democratic presidential candidates argue about “Medicare for All” versus a “public option,” two simple policy changes could slash U.S. health-care costs by 75% while increasing access and improving the quality of care. These policies have been proven to work by ingenious companies like Whole Foods and innovative governments like the state … Read more
Widespread closures have roiled the retail industry, but many more stores are likely to shut down in coming years to keep up with a shift to online shopping, according to a report by investment firm UBS. An estimated 75,000 stores that sell clothing, electronics and furniture will close by 2026, when online shopping is expected … Read more
by Martin Armstrong Lebanon has maintained a peg to the US dollar for about two decades and as all pegs go, this one is under pressure as the rise in the dollar imports deflation. The central bank has declared an economic emergency as it attempts to reassure people it will hold the peg. Lebanon is … Read more
United States Fiscal Year Pending Cases Figure 1. Pending Deportation Cases, FY1998-FY2019 (to view values, mouse over any bar) Figure 1 shows the number of cases pending before the Immigration Courts by fiscal year. For prior years, the number shown represents pending cases at the end of each fiscal year (September 30). For FY 2019, … Read more
by Lance Roberts In this past weekend’s newsletter, I broke down the bull/bear argument dissecting the issues of cash on the sidelines, extreme bearishness, equity outflows. However, even though the economic and fundamental environment is not supportive of asset prices at current levels, the primary argument supporting asset prices at current levels is “optimism.” “The biggest reason for … Read more