10 Types of Innovation: The Art of Discovering a Breakthrough Product

by visualcapitalist As venture capitalist Peter Thiel once put it, “competition is for losers”. It’s inevitable that every company must be out there battling for market share, but you don’t really want to be in a situation where the competition is so stiff that any potential upside is eroded away in the process—―a scenario known as perfect competition in … Read more

Nashville passes 34% Tax Increase, Residents move to recall entire City Council

NASHVILLE, Tenn. (Mike Osborne)  —  The group NoTax4Nash has followed through on its threat to start recall petitions for Mayor John Cooper and City Council members who voted for an dramatically increased property tax. NoTax4Nash has placed recall petitions for Mayor Cooper and 32 council members who voted in favor of the property tax increase. https://www.wmot.org/post/group-lobbied-against-nashvilles-recent-property-tax-increase-begins-recall-effort#stream/0

CLOWN WORLD: Iran Nukes Iran

#URGENT | Iran nuclear spokesman confirms 'incident' near Natanz nuclear site https://t.co/CzJxj4Mm89#SputnikUrgent pic.twitter.com/fy8ekpCqlK — Sputnik (@SputnikInt) July 2, 2020 Iran Nuclear Spokesman Confirms ‘Incident’ Near Natanz Nuclear Site The facility in Natanz in the central Iranian province of Isfahan is the country’s primary uranium enrichment facility. Iran began expanding its enrichment programme after the United States … Read more

IF YOU CAN DO YOUR JOB REMOTELY IT’S PROBABLY ALSO EASIER FOR YOUR EMPLOYER TO OUTSOURCE IT:

Stanford research provides a snapshot of a new working-from-home economy. “We see an incredible 42 percent of the U.S. labor force now working from home full-time. About another 33 percent are not working – a testament to the savage impact of the lockdown recession. And the remaining 26 percent – mostly essential service workers – are … Read more

It’s Happening: Jeffrey Epstein Confidante Ghislaine Maxwell Arrested By FBI!

What to Know Jeffrey Epstein confidante Ghislaine Maxwell was arrested Thursday morning in New Hampshire, law enforcement sources say Maxwell will face charges that she conspired with the disgraced financier to sexually abuse underage girls Epstein, a friend to presidents and captains of industry, died by suicide last August while awaiting trial on sex trafficking … Read more

Remember the girl who said she would “stab” anyone who said All Lives Matter yesterday? FIRED.

https://twitter.com/MarkDice/status/1278487434544549888 https://twitter.com/RealSaleemJuma/status/1278490915946917888 https://www.youtube.com/watch?v=TwkIMAl3Xjw   The Harvard graduate who said in a TikTok video that she would “stab” anyone who told her “All Lives Matter” revealed in a new pair of recordings that she has lost her job over the perceived threats and ensuing furor. “Standing up for Black Lives Matter put me in a place online to … Read more

Great news from the most prosperous nation on earth

by Simon Black of Sovereign Man By the mid-1990s, the economy of Zimbabwe was in serious trouble. The national government under its dictator Robert Mugabe had spent years confiscating private property– real estate, businesses, factories, bank deposits, etc. And unsurprisingly, this had a disastrous effect on the economy. Productive citizens and talented entrepreneurs left Zimbabwe in droves– after … Read more

Biggest jump in NFP but the average hourly earnings is falling apart

Biggest jump in NFP but the average hourly earnings is falling apart pic.twitter.com/q8cQQaqob4 — Alessio (@AlessioTMAD) July 2, 2020 This is my first big takeaway from today's @BLS_gov report. Even as overall unemployment falls, the scale of permanent job loss is comparable to a "mild", 2001-03 recession pic.twitter.com/MgHMC8OIj6 — Guy Berger (@EconBerger) July 2, 2020 … Read more

FED MINUTES show the rally has barely started?

by cefpodoxime What is yield-curve control? The yield curve (YCC) is the relationship between rates on bonds of varying durations. Investors generally demand a higher yield for holding longer-term debt, meaning that the curve is normally upward sloping. And normally, central banks manage monetary policy through short-term rates only: The Fed, for instance, creates incentives … Read more

Deflation THEN stagflation?

France & Italy deflation THEN stagflation pic.twitter.com/hs2TKJM4tU — Win Smart, CFA (@WinfieldSmart) July 1, 2020 CONSUMER INFLATION EXPECTATIONS pic.twitter.com/XdryLfbnEE — Win Smart, CFA (@WinfieldSmart) July 1, 2020

What happens when the extra $600 stops but the Fed is still buying zombie debt? Does that seem fair?

What happens when the extra $600 stops but the Fed is still buying zombie debt? Does that seem fair? pic.twitter.com/0S2Dm8sEVq — Win Smart, CFA (@WinfieldSmart) July 1, 2020 As 45 million Americans lost their jobs, U.S. billionaires made $584 billion. https://t.co/D16a8QUGkc — ABC News (@ABC) June 28, 2020 https://twitter.com/freezerohedge/status/1278597866039074816 America has almost 800 billionaires, a … Read more

Things aren’t as strong as they may “Feel”…

https://twitter.com/ThinkTankCharts/status/1278260382281478145 https://twitter.com/ThinkTankCharts/status/1278225869274861583 The U.S. government takes a nearly 30% equity stake in one of the biggest trucking companies. https://t.co/3glUcNy7sN — Lisa Abramowicz (@lisaabramowicz1) July 1, 2020 Investors think the $JNK party is over pic.twitter.com/lcUTroBjS9 — Win Smart, CFA (@WinfieldSmart) July 1, 2020 Retail should call Gamblers anonymous pic.twitter.com/RbsfDijQED — Win Smart, CFA (@WinfieldSmart) July 1, … Read more

The current market is driven by a 1999 enthusiastic gamblers mentality in 1930 economic conditions. 2020 will be known for two crashes in one year of 40%

The current market is driven by a 1999 enthusiastic gamblers mentality in 1930 economic conditions. 2020 will be known for two crashes in one year of 40% — The Great Martis (@great_martis) July 2, 2020 Citi cuts to the chase. pic.twitter.com/jTAcgHf943 — Carl Quintanilla (@carlquintanilla) July 1, 2020 Sound familiar? pic.twitter.com/K5ygANvQas — Julien Bittel, CFA … Read more

An Interesting Juncture in History

by Charles Hugh-Smith Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by the collapse of the bubbles won’t be evenly distributed, either. We’ve reached an interesting juncture in history, and I don’t mean the pandemic. I’m referring to the normalization of extremes in the economy, in social decay and in political … Read more