Earnings growth collapsed – basically all the fiscal injections and frontloading, or basically let’s call it a sugar high – is over

earnings growth collapsed – basically all the fiscal injections and frontloading, or basically let's call it a sugar high – is over – that's why trump admin has been begging for nirp, qe-4 and 5, and emergency tax cuts pic.twitter.com/MnjlBmrDxh — Alastair (@StockBoardAsset) January 1, 2020 This is a super interesting chart: normally one would … Read more

Student loan debt is super debt, even worse than a mortgage on your house,”…

As the cost of college continues to rise, student loan debt has reached an all-time high. The combination is putting a particularly troublesome pressure on borrowers, one expert says. “Student loan debt is super debt, even worse than a mortgage on your house,” Michael Calhoun, the president of the Center for Responsible Lending, said on Yahoo Finance’s YFi PM. Just … Read more

After its strongest year in a decade, Apple stock is historically expensive on a price-to-earnings basis

One of the more unique aspects of Apple stock has been the company’s historically low price-to-earnings, or P/E, ratio compared with its megacap tech peers. The P/E ratio has long been a key metric used on Wall Street to determine whether a stock is fairly valued. Apple’s P/E ratio steadily climbed this year alongside its … Read more

Progressive utopia of New York City is losing residents at an alarming rate

by DCG At the end of 2019 Mayor Bill de Blasio claimed that New York City Is ‘safest big city in America.” Demorats….delusional as always. Excerpts from the NY Post report: “New York is in a State of Decline. Despite the nation’s longest economic expansion, the Empire State is actually losing population, an analysis of US Census data released Monday … Read more

FAA Issues Ruling and Begins Investigation of Mysterious Giant Drones in Colorado and Nebraska

https://mysteriousuniverse.org/2020/01/faa-issues-ruling-and-begins-investigation-of-mysterious-giant-drones-in-colorado-and-nebraska/ I’ve been in contact with the FAA regarding the heavy drone activity in Eastern Colorado and I’m encouraged that they’ve opened a full investigation to learn the source and purpose of the drones. I will continue to closely monitor the situation. — Cory Gardner (@SenCoryGardner) December 31, 2019 https://ijr.com/faa-probes-clusters-of-mysterious-drones-flying-over-colorado/ Most recently, the US Air … Read more

CHINA’S “economic colonization” of the AFRICAN CONTINENT is unsustainable….

Africa has become the fastest urbanizing region of the world, with rural migrants moving into cities a clip that has even surpassed that of China and India, as the continent becomes one of the final frontiers of the forth industrial revolution. This rapid transition presents big challenges but also offers big rewards for countries willing to risk … Read more

US Sends Australian-American Amphibious Force to Western Pacific for Countering China Ambitions

US Sends Australian-American Amphibious Force to Western Pacific for Countering China Ambitions The U.S. and Australia should establish a combined amphibious force including 2,000 Marines and a similar number of sailors based in Darwin, Australia, to build regional support for countering China’s ambitions in the western Pacific, according to a former Marine colonel. Grant Newsham, … Read more

‘Assange said, I’m slowly dying here’ – Friend recounts Christmas Eve call with WikiLeaks founder!

‘I’m slowly dying here’: ‘Sedated’ Assange tells friend during Christmas Eve call from UK prison as health concerns mount. Julian Assange sounded like a shell of the man he once was during a Christmas Eve phone call, British journalist Vaughan Smith told RT, noting the WikiLeaks founder had trouble speaking and appeared to be drugged. … Read more

Where Adults Spend Their Money

By Harry Dent Credit Suisse just came out with their excellent Global Wealth Report for 2019. I will likely do a more in-depth report in The Leading Edge earlier in the New Year. The focus is on wealth, but the income statistics are even more illuminating in this time of peak inequality. I especially like their comparisons per adult … Read more