by UPFINA Let’s start with the most obvious confusion. JP Morgan stated the consensus is if the Democrats win the 2020 election it will be bad for U.S. stocks, but they view it as “neutral to slight positive.” That does not compute with the chart below which shows their 2021 earnings projection if the Dems win. … Read more
Fitch ratings: * Record number of credit rating cuts in last six months * More countries to be junk than investment grade for first time * Global debt-to-GDP to hit 95%, has doubled over last decade Thomson Reuters — Alessio (@AlessioTMAD) July 8, 2020 2009-2019: 5 Bankruptcies a Year 2020: 5 Bankruptcies a Week 🙏@DiMartinoBooth … Read more
Some excerpts from the Gary Shilling guy that CNBC keeps shilling (heh). “In June 2011, he predicted a 20% drop in housing in 2012 with a resulting global recession. In October 2012 he predicted a global recession in 2013. In August 2015, he predicted that the price of oil “is headed for $10 … Read more
by thatsamaro Last November I thought I was getting a great deal by buying a pass from 24 fitness from Costco. Of course, I did not anticipate a pandemic that would close gyms. I had gotten a good 5 months of use out of the pass, and I figured I was just out of luck. … Read more
As expected, and sadly, deaths are starting to pick up in the U.S. Still lagging case growth for the time being, which is certainly positive. pic.twitter.com/0HzgqcYpFW — Jonesy (@HedgeyeDJ) July 8, 2020 https://twitter.com/Hipster_Trader/status/1280862935200550912
by Martin Armstrong QUESTION: It would please me if you would comment on the subject of “Stakeholder Capitalism” vis-a-vis this article from Forbes. PR ANSWER: I have actually gone into detail on Schwab’s absolute Marxist philosophy of “Stakeholder Economics” economics where a corporation’s first loyalty is to the community and not the shareholders to the point it must … Read more
BY SRSROCCO The present market insanity reminds me of the similar mentality of Americans right before the 1929 stock market crash and the pre-1999 Tech Bubble. However, the big difference today is that technology has destroyed the ability of investors to understand the meaning of VALUE. The notion that technology makes the world better fails … Read more
by Martin Armstrong The economic damage due to this fake coronavirus pandemic that has been touted as if it were the black plague is massive. In Germany, 21% of existing companies fear they will not survive. The total damage that has been unleashed upon the world economy is beyond stupid if it were truly a mistake, but … Read more
by Martin Armstrong I have a correction to make. Gretchen Esther Whitmer is a Democrat serving as the 49th governor of Michigan. When I first reported that a bill prohibiting employers from implanting chips into their employees, it did seem a bit strange that a Democrat would actually protect the people against this hidden agenda … Read more
Truth in Media, Released on 7/7/20 While the New York Times and other media outlets are deeply concerned about evidence lacking and unverified reports of Russian bounties on U.S. troops, they all but ignore that the U.S. Congress has once again sold out U.S. troops in a new vote that refuses to bring them home … Read more
‘Stifling Atmosphere’ of Cancel Culture Will Harm ‘the Most Vital Causes of Our Time,’ Leftists Warn. On Tuesday, Harpers released a powerful open letter denouncing cancel culture and celebrating open debate. Even far-left anti-capitalist Noam Chomsky signed the letter. “The free exchange of information and ideas, the lifeblood of a liberal society, is daily becoming more constricted,” the … Read more
House Dems Look to Resurrect Harmful Obama-Era Labor Regulation. “Industry study found that Obama rule cut 375,000 jobs.” The Trump administration in 2019 rolled back an Obama administration regulation that held parent companies responsible for labor violations committed by franchisees or contractors—otherwise known as the “joint employer standard.” House Democrats, led by Rep. Rosa DeLauro (D., … Read more
White House Chief of Staff hinted that President Trump might sign an executive order that relates to China, among other issues. The U.S. military “will continue to stand strong in relationship to a conflict between India and China or anywhere else,” a top White House official has said, after the Navy deployed two aircraft carriers … Read more
U.S. Attorney Andrew Lelling announced the charges in a news conference Monday in Boston.
Demand for gold delivery is exploding, and that is a big reason for the upward price pressure. What about silver? Why is it lagging behind gold? It takes nearly 100 ounces of silver to equal 1 ounce of gold. That ratio is going to start coming down dramatically. Financial writer and precious metals expert Craig … Read more
r/JusticeServed We can no longer allow any content that shows POC as the aggressor. Due to the new reddit updates to it’s policies and rules, as well as administrator conversations with users; we can no longer allow any posts, comments, or other content that shows a POC as the aggressor. This is considered hate speech … Read more
.@KellyannePolls: Joe Biden has a record of creepy statements and actions “that make me very uncomfortable, certainly as a mother but as a person who breathes air and exercises brain capacity." Oh my Savage 🔥 pic.twitter.com/AuorxGkRdh — Benny Johnson (@bennyjohnson) July 7, 2020
https://youtu.be/7LkLsbfGeV4 This was skirmishes. The real deal is being prepared? Stop buying windows. Use linux AC
via bnnbloomberg: “The People’s Bank of China this month kicked off a pilot plan in Hebei province that would require retail and business clients to pre-report any large withdrawals or deposits, according to a statement. The two-year program will be expanded to Zhejiang and Shenzhen in October, encompassing more than 70 million people. Chinese lenders are … Read more
Things Aren’t As Bad As You Think: Stop Guzzling Left Wing Propaganda h/t dr0id
When you express an opinion our leaders don’t like, they call it violence. When criminals commit acts of actual violence, they call it speech. In other words, the game is rigged. https://t.co/1VuyVC581Y — Tucker Carlson (@TuckerCarlson) May 30, 2020 h/t Lla26
Poor Joe Biden Deserves A Great Retirement. I feel badly for him! What do you guys think? Will the Democratic Party replace him last minute? Check the face of the guy in the middle! h/t JADR
In blistering remarks Tuesday, FBI Director Christopher Wray slammed the Chinese government for its use of espionage and cyber-attacks against the United States. “The stakes could not be higher, and the potential economic harm to American businesses and the economy as a whole almost defies calculation,” Wray said of the Chinese government during an address … Read more
Democrats want to use YOUR tax dollars to hire people who aren’t citizens to work in YOUR government. The Left has gone completely crazy. https://t.co/PT9pgf4Qco — Rep. Jim Jordan (@Jim_Jordan) July 7, 2020
A video from 2016 is now going viral – showing a black man confronting the media over the coverage of the BLM movement. Andrew Klavan examines. Watch the full episode here: https://bit.ly/300MtNV Related: It’s rubbish. Don’t believe the hype!