US rating agencies pressure Pemex and the new Mexican government. But Pemex is too big to fail. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The financial pains and strains continue to grow for the world’s most indebted oil company, …
by John Rubino This was going to be the year when the other big central banks joined the Fed in “normalizing” interest rates and reversing the past decade’s QE experiment. Instead, the other central banks blinked and went back to …
From The Democrat’s Dilemma: The primary reason that mass immigration destroys the welfare state because immigrants receive more in benefits than they pay in taxes. This is not true for every immigrant—some never collect government handouts—but it is true for the …
via CNBC: New York conducted about 3,000 “non-residency” audits a year between 2010 and 2017, collecting around $1 billion, according to a data company. New York is looking at cellphone records, social media feeds, and veterinary and dentist records in …
by Mish Shedlock Challenger reports a huge jump in layoff announcements. The retail sector is very hard hit. The Challenger Report shows employers announced 76,835 job cuts in February. The shortest month of the year saw the highest number of job cuts in …
via Justine Hall: Behind every great crisis is a great expansion or credit bubble. If you glance back at history this pattern readily emerges—expansions and credit bubbles are the one central theme apparent throughout U.S. crises. This happens because “investors, companies …
https://twitter.com/OccupyWisdom/status/1104205232920248320 4. Just when you thought S&P500 Operating Profit Margins had reached a permanently higher plateau… h/t @charliebilello $SPX $SPY pic.twitter.com/JroGcdGhk4 — Callum Thomas (@Callum_Thomas) March 9, 2019 https://twitter.com/OccupyWisdom/status/1104024742015713281 NFP is a miss I think.. 😜 pic.twitter.com/zrKs3N7R5t — JoeFriday714 (@joefriday_714) …
Venezuela buckles under massive power, communications outage CARACAS, Venezuela (AP) — Venezuela’s worst power and communications outage on Friday deepened a sense of isolation and decay, endangering hospital patients, forcing schools and businesses to close and cutting people off from …
by Chris Kimble The NYSE Index is facing a very important price level as Momentum and the MACD are at the highest levels in a year! The 9-week rally from the late December lows has the NYSE index facing the October, November, …
Catalysts 1) Mueller report soon 2) Bad or no trade deal 3) Weak economic data 4) China deval 5) Banks guide down 6) Brexit 7) North Korea 8) Buybacks are being turned off 9) Hawkish Fed 10) Strong Dollar 11) …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And where do Chinese consumers fit in? Americans are infamous for their eagerness to spend money they don’t have. A whole industry has grown up around making that happen, from payday lenders to the government that …
by Dave Kranzler of Investment Research Dynamics Someone last week suggested that Trump sees the stock market as the barometer measuring the success of his Presidency. I think his behavior, tweets, press comments, etc with respect to the stock market validates that assertion. …
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) By Scott Calvert The Wall Street Journal Thursday, March 7, 2019 Philadelphia is the first major U.S. city to ban cashless stores, placing it at the forefront of a debate that pits retail innovation …
via themillenniumreport: Know thy cyber-enemy by understanding their MO Logical Fallacies The Skeptics’ Guide to the Universe Introduction to Argument Structure of a Logical Argument Whether we are consciously aware of it or not, our arguments all follow a certain basic …
Tweets by GiletsJaunesGo ⚡️PARIS – TOUR EIFFEL / Rassemblement en cours des #GiletsJaunes pour l’#ActeXVIIhttps://t.co/SoNMQNTbxw pic.twitter.com/9nbiYZRHI2 — Pure. (@PureTele) March 9, 2019 One of the many calls circulating for the massive March 16th #GiletsJaunes action in Paris. “If you’re gonna …
by coolcat242424 I tried an experiment to test and see if our phones are always listening to our conversations. The answer is YES!! I have proven that our phone does in fact do so. I spent a full week repeating …
by Hawkeyeflame Captain Marvel is a Massive ”Success” – Empty Theaters, Deleted User Ratings, Bot Reviews https://youtu.be/eNUbk-fl51A
by WARREN MOSLER It will take another few months to know if this is just ‘noise’ or it’s about to go negative. If you average the last two months, for example, it’s about 165,000 each: Highlights Averaging extremes is good …
From Birch Gold Group The overall U.S. trade deficit ballooned to a record level of $59.8 billion by the end of 2018, reaching the largest deficit since October 2008. TradingEconomics.com explained that this gap widened in spite of “$250 billion in trade tariffs” …
via abc7ny: CHICAGO — A Cook County grand jury has returned a 16-count indictment against “Empire” actor Jussie Smollett. The Cook County State’s Attorney’s Office confirmed the indictment, which they said was returned by a grand jury on Thursday. As …
by Jesse Colombo Knight Frank’s latest annual Wealth Report just came out and is full of interesting data. What stood out to me, in particular, is the statistic that showed that the global billionaire population has approximately doubled since 2013, so I …
By Teresa van den Barselaar Since my first book, way back in the 1980s, I’ve warned that we’d see an Economic Winter Season between 2008 and 2023. And since 2008, it looks like I was way off. We weren’t clearly …
By David Stockman “Don’t Blame The Weather” Trader Warns “It’s Always Been The Economy, Stupid” Overnight headlines from China confirmed the global economic slump as exports crashed, and while excuse-makers are out in force this morning already (as US …
by Dr. Eowyn Is this another false hope? A criminal referral or recommendation is a notice to a prosecutory body, recommending criminal investigation or prosecution of one or more entities for crimes which fall into that body’s jurisdiction. In the U.S. federal …
by Ian Shilling Julian Assange has not committed any crime. Journalism and Publishing are NOT crimes. In fact they are specifically protected in the U.S. Constitution under the First Amendment as a prerequisite for a Free Society. The fact that Madison …
Via Marketwatch Jeremy Grantham, an investor credited with predicting the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome …
By John Mauldin Two months ago, Fed Chair Jerome Powell set off a market panic. He suggested the FOMC would do what it thinks is right and let asset prices go where they may. They promised at least two if not …
ILHAN OMAR: Obama’s “hope and change” was a mirage: Recalling the “caging of kids” at the U.S.-Mexico border* and the “droning of countries around the world” on Obama’s watch, she argues that the Democratic president operated within the same fundamentally broken …
https://www.youtube.com/watch?v=t–XMHOzZlg For More Information See: https://www.nationalpopularvote.com/s… http://worldpopulationreview.com/states/ https://www.heritage.org/election-int… https://www.congress.gov/bill/116th-c…
via Gary Shilling PhD: Some 88% of all currency transactions globally involve the buck. The euro is a distant second at 31%, the Japanese yen is third at 22% and the Chinese yuan is involved in only 4%, not much more …