via npr: AT&T, Sprint and Verizon and nine other telecommunications companies teamed up with attorneys general of all 50 states plus the District of Columbia to announce a new pact to eradicate a common scourge in America: illegal robocalls. The agreement, …
by Thinker Satoshi Nakamoto, the founder of Bitcoin, reveals his identity in parts 2 and 3 of the Satoshi Dossier, a must read for political dossier aficionados. TRUTH MATTERS!
by Shaun Richards We find ourselves in a curious situation as we wait for ( or for readers over the weekend) mull the speech of Fed Chair Jerome Powell at Jackson Hole. There are several reasons for this and let …
by Tom McClellan The whole media world is abuzz lately with talk of the inversion in the yield curve, and what it means for a potential recession. The track record is mixed there, and there is much debate among academics about …
by The Phoenix Stocks remain range bound. However in the big picture, things are looking NASTY. Stocks have failed to ignite a significant rally and will soon test the “line in the sand.” The “line in the sand” for the stock …
The Global Economy May Be Facing Its ‘Minsky Moment’ of Excessive Debt Gold has been on a tear lately, despite a recent pause in its advance, and the precious commodity could be poised to extend its rally above $1,500 an …
by The Phoenix The dirty little secret is that China is running a massive US dollar shortage both on a corporate and a national level. All told, Chinese companies have roughly $2 trillion US dollar-denominated in debt owed to international investors. …
by Amy S. The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up the American economy for financial collapse for printing trillions of …
By Patrick Watson “You break it, you own it.” Then-Secretary of State Colin Powell cited this Pottery Barn rule back in 2002. He was advising President George W. Bush of the consequences should an Iraq invasion go badly. In fact, …
by David Haggith Pretty good if you ask me. Most economic indicators this year have moved relentlessly in the direction of recession, and now the Cass Freight Index is saying a US recession may start in the 3rd quarter, fitting up …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Fifth deal croaked in August. Moody’s has a cow over Ancestry.com’s deal. Deals had to be sweetened to find buyers. Retail investors bail out. Despite the Fed’s warnings over the years about leveraged loans – including …
By Jared Dillian The first thing I read about investing wasn’t actually a book. It was a pamphlet that I got somewhere, 23 years ago. The pamphlet said you should invest in bonds as well as stocks. It said bonds …
by visualcapitalist When it comes to understanding the size and scope of the $18 trillion U.S. economy, it’s sometimes easier to consider that it’s the sum of many parts. Many states already have economies that are comparable to some of the world’s …
by Egon von Greyerz How far down the rabbit hole will the world go? It seems that just like in Alice in Wonderland, things are getting more strange by the day. If it continues at this speed, the rabbit hole …
by caretcaked I saw the posts over the last 1-2 weeks from other Ally bank customers receiving sketchy phone calls and I think I would’ve caught on anyway, but as soon as I got a call from “Ally Bank” I …
Authored by John Mauldin via MauldinEconomics.com, I am back from my 14th annual Maine fishing camp. The private event at Leen’s Lodge is generally called Camp Kotok in honor of David Kotok of Cumberland Advisors who started these outings many years …
A ‘Fact Checker’ Declares War On Satire: When we make fun of liberals, Snopes pretends to take us seriously and labels our jokes ‘false.’ If your job is to make people laugh, what do you do when your brand of …
by marzipanmaddox America is comparably as full of censorship, both soft and hard, and allowing China to control this place is the only thing that provides any semblance of legitimacy to this website. Think of the extent to which China …
A historically suppressed metal versus record overvalued stocks late in the business cycle. Change my mind.
Consumer spending is a bubble waiting to burst, market bear David Rosenberg warns Wall Street is depending on strong consumer spending to help keep stocks afloat. But Gluskin Sheff’s David Rosenberg warns the U.S. consumer is in a danger zone, …
by chartr McDonald’s secret sauce isn’t in the Big Mac, but the way it runs its business. More than 90% of all McDonald’s restaurants are run by independent franchisees. Typically McDonald’s will own the land or building and lease them …
by myusernamechosen I was thinking this morning about habits I developed a bit later than I should have, even when I knew I should have been doing them. These are a few things I thought I’d share and interested if …
by Deplorable Patriot Never before have I seen the amount of attention that members of the House of Representative or the Senate are currently receiving from the media. Maybe it was because I wasn’t paying attention. Well, today I am. …
by Shaun Richards The last twelve months have seen quite a turn around in not only perceptions about the performance of the German economy but also the actual data. With the benefit of hindsight we see that there was a …
by Bob Moriarty via Streetwise After being bugged unmercifully by a couple of my so-called friends, I finally sat down in early January to write a tome about investing in resource stocks. It took me sixteen days to write. And another four weeks …
By Robert Ross Seems like you can’t go a week without reading about the retail apocalypse. I saw a recent headline that read, “75,000 Retail Stores Will Close by 2026.” That may very well happen. But the idea that e-commerce giants like …
It found firms in most of Asia face “significant stress” after examining the balance sheets of more than 23,000 companies. https://bloom.bg/31MPUa7
July 17 2019 Liberal Professor Warns: Google Manipulating Voters ‘on a Massive Scale’ 3:22 “In 2020 You Can Bet that all of these companies are gonna go all out AND the methods they are using are IVISIBLE,SUBLIMINAL, more powerful than …
by howmuch We already know that professional sports is a major global industry, but not all sports franchises are equal. From the Dallas Cowboys to the New Orleans Saints, we put together a graphic to rank the top 50 most …
by David Haggith Let me help remove the rose-colored glasses for anyone who still thinks GDP this year is good. First, GDP growth in the first quarter was not “great” as I’ve heard some claiming. It was, by US historical standards, …