(Bloomberg) — China’s top banking watchdog cautioned that U.S. dollar dominance combined with the massive stimulus unleashed by the Federal Reserve could push the world to the edge of another financial crisis. In a rare act of public criticism, China Banking Regulatory Commission Chairman Guo Shuqing also lashed out at developed nations seeking to divert … Read more
by visualcapitalist Since the U.S. Constitution was first instituted, there have been 48 vice presidents. They’ve supported presidents in seeing the country through wars, economic expansions and contractions, a global pandemic—and much more. A president’s success depends on the strength of their team, so it’s only natural that as second-in-command, the pick for a VP carries significant weight. In … Read more
By Tsvetana Paraskova Tesla is not the only electric vehicle (EV) maker to have seen an explosive rally of its stock so far this year. Shares in Tesla’s Chinese competitors have outperformed the global auto index as investor sentiment toward EV stocks has become increasingly positive over the past year, and as some of China’s electric … Read more
By Haley Zaremba It has been a catastrophically bad year for shale, and few (if any) could have predicted the industry’s struggles this year. The most notable of those struggles came in April when the West Texas Intermediate crude benchmark plunged below zero and into uncharted territory. The previously unthinkable price crash was spurred by a … Read more
by Michael Markowski The University of Michigan’s August consumer confidence readings do not bode well for Trump or the stock market. Confidence in the government’s economic policy fell to the lowest level since early 2017. The index had climbed to its highest level since 2002. The chart below depicts that the consumer sentiment reading of 72.8 … Read more
Why Is Media Ignoring The Brutal Murder Of 5 Year-Old Cannon Hinnant? Tucker Carlson & Nancy Grace h/t ElleMira
by Deplorable Patriot The Chinese Communist Party(CCP) has your data. The thought of them not having it never entered my mind. How did it happen? CCP gains control (short version) During WWII Japan had occupied about 25% of China. During that time there were three armies at war with each other in China. The Chinese … Read more
Gold’s Gym has become synonymous with the Hollywood Dream. Set just a few hundred yards from the ocean in sun-kissed Venice Beach, Los Angeles, Gold’s was the backdrop for Pumping Iron, the 1977 documentary which followed a young, unknown Austrian bodybuilder called Arnold Schwarzenegger as he prepared for the Mr Universe contest. The film turned … Read more
In fact.. US banks are tightening loans even for this quarter.. they expect more pain to come..the QoQ change is impressive.. pic.twitter.com/znFENh2jZ9 — Alessio (@AlessioTMAD) August 17, 2020 US BANKRUPTCIES AT 10 YEAR HIGH (SO FAR) pic.twitter.com/gchmObV1eY — Win Smart, CFA (@WinfieldSmart) August 17, 2020 Main Street pic.twitter.com/r9g2zoqLBP — Win Smart, CFA (@WinfieldSmart) August 17, … Read more
M2 + M2 VELOCITY + NO GROWTH = STAGFLATION $GLD $SLV $GDX $GDXJ $SIL pic.twitter.com/3HXeMWrIE7 — Win Smart, CFA (@WinfieldSmart) August 15, 2020 https://twitter.com/NorthmanTrader/status/1294924693934415874
S&P concentration increasingly concentrated – tech and health care close to 55% of SPX https://t.co/Bz9aOeKafX — The Market Ear (@themarketear) August 16, 2020 With 90% of companies reported, S&P 500 GAAP earnings are down 53% over the last year, S&P 500 Sales down 11%. $SPX pic.twitter.com/nbsFoAAMaH — Charlie Bilello (@charliebilello) August 16, 2020 VIX … Read more
via campusreform: Students at Binghamton University are calling on the school to reinstate its Safe Ride program during late night to early morning hours. The students demanded the service’s return to help keep them safe. The calls come just two months after the university announced plans to defund the police. Binghamton University announced in June that they are … Read more
Joe Kennedy the whiz kid well behind a socialist: http://archive.vn/tGHPG
FORMER OBAMA SPEECHWRITER LAUGHS AT MEDIA CLAIMS KAMALA HARRIS IS A “MODERATE.” Kamala Harris is not a moderate, unless by “moderate” you mean not a commie. By every objective measure, she is on the far left of the Demcoratic Party. Her policy history and behavior is wacky, as I documented the day Joe Biden announced she … Read more
via engadget: The United States Postal Service is reportedly retiring mail sorting machines. According to Postmaster general Louis DeJoy, the agency is in a “dire” financial situation, citing significant falls in mail volume, “a broken business model” and an inadequate management strategy as reasons for the “impending liquidity crisis.” Dejoy has been implementing changes since assuming the role in … Read more
https://youtu.be/QcUAG6t5aN8 Comedian Youtuber does a satire on what it’s like to believe everything the MSM tells you. Quite funny and accurate. Thought you might like it. It’s relieving to see that so many other people also find the whole situation so ridiculous. h/t farrydarry[
Here are a ton of Biden’s horrible moments here from the news and the DNC. And then you hear about the worse things about him that make you sick to your stomach. If you’re going to vote, make sure it’s anybody but him. h/t shookqueen
https://www.youtube.com/watch?v=IJBgFjUgrtU
via bostonherald: After Palin wowed the Republican convention crowd with her speech, CNN analyst Jeffrey Toobin lashed out: “I thought, very smug, very sarcastic, very cutting. And you know what? The Republicans had been trying to portray her as a victim for the last couple days. Well, she’s not going to be a victim anymore. She’s … Read more
https://twitter.com/jrmkingston/status/1294240137065443328
literally cannot find More than a very few analysts who is calling the markets lower right now Into critical timing extreme aberrant behavior in terms of price, relationships, economic conditions and macro. I do not think that I have ever seen the situation more insane than this — mcm-ct.com (@mcm_ct) August 17, 2020 Warren Buffett … Read more
The Daily Gold, Released on 8/14/20 The Buffet news and there’s also news that David Einhorn’s Greenlight Capital bought GDX, are signals of the mainstream starting to adopt and recognize the new bull market in Gold and precious metals. These guys don’t buy expensive things and they aren’t flippers. Jordan Roy-Byrne, CMT is a Chartered … Read more
Peter covers the monetary metals, the definition of inflation, the political landscape, the dollar and hidden tax that inflation is. Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at … Read more
by erefernow https://www.govexec.com/management/2016/02/usps-records-first-profit-five-years-obama-calls-shedding-12k-postal-jobs/125825/ https://archive.vn/wphAy