via csis.org: The Issue Five years since it was announced, China’s massive Belt and Road Initiative (BRI) has yet to materialize on the ground as promised. According to Chinese officials, the BRI includes six economic corridors that will carry goods, people, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Of the seven biggest, six have plunged by 78% to 92%. Cryptocurrencies and tokens are multiplying like rabbits: There are now 1,926 listed on CoinMarketCap.com, 500 more than early 2018. And even as the number of …
by Michael Snyder The middle class in America is being systematically eviscerated right in front of our eyes. I don’t normally do this, but today I want to share with you an email that was recently sent to me by a …
by John Rubino Chris Hedges on “America’s farewell tour” … David Stockman: “We are entering the Fall “perfect storm” season for the stock market and domestic politics … Dave Kranzler: “This is the most bullish gold set up in history” …
by Charles Hugh-Smith We sense it’s now or never, and this can manifest as a mid-life/mid-career crisis. At a reader’s request, I’m excerpting an essay from last week’s Musings Report: My friend GFB recently sent me a quote from Paul …
By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Mexico’s President Elect Andres Manuel Lopez Obrador (AMLO) doesn’t take office until December, but he’s already got a multi-billion dollar dilemma on his hands: what to do with the country’s largest …
by Michael Snyder We are filling up our oceans with trillions of extremely small pieces of plastic, and in the process we are literally killing off entire ecosystems. But because it is a very gradual process, most people aren’t really …
via Stephen Nellis A “wide range” of Apple Inc (AAPL.O) products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods, the company told U.S. trade officials, but gave no sign of an impact on its …
by Ruby Henley We have been witnessing the attempts to silence conservative voices and alternative media, so it was no surprise that Alex Jones and InfoWars were shut down by Apple, Facebook and YouTube in an orchestrated attack. That …
by stockboardasset A series of African Swine Fever outbreaks in China is “here to stay,” the UN Food and Agriculture Organization (FAO) said on Friday, adding that it could spread to neighboring countries in Asia. The FAO assembled an emergency meeting in Bangkok …
via Sean Williams Chances are that if you invested at any point during the Great Recession, you’re sitting pretty right now, assuming you’ve held onto your positions. The U.S. economy is in the middle of its second-longest economic expansion in history, going …
by visualcapitalist If you pay any attention to financial media, chances are that you’ve heard increased chatter about the flattening “yield curve” in the past few weeks. For professional investors, talking about the yield curve is close to second nature – …
we're going into a weekend with sour global mood + USD267BLN trade war escalation by Washington + threat of China retaliation pic.twitter.com/yfxrzPZNfO — Alastair (@StockBoardAsset) September 7, 2018 E P I C T R A D E W A R …
via @ByRosenberg: % of income spent on rent (vs historical average) LA 47% (36%) Miami 42% (29%) San Francisco 39% (31%) NY 38% (26%) Boston 33% (26%) Denver 32% (24%) Seattle 31% (24%) Portland 30% (24%) US avg 28.4% (25.8%) https://www.zillow.com/research/q2-2018-affordability-21286/
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Orders for Class 8 trucks in August jumped 153% from a year ago to 52,400 trucks, beating by a smidgen the orders in July, which had been the highest number of monthly orders ever recorded. These …
BY SRSROCCO The U.S. Government’s balance sheet is one step closer to blowing up as its debt, and interest expense hit new record highs. And when I say “new record highs,” I am not exaggerating. It’s been a while since …
by Lance Roberts Doug Kass made an interesting observation about the market yesterday: “The month of September started with optimism. That optimism has faded in the last two trading days. The most notable winners (year to date), FANG, have been …
by Dana Lyons September of the 2nd year of the Presidential Cycle is historically the weakest month of the 4-year cycle. Since working off its early year correction, the U.S. stock market has been on one of those inexorable runs that …
What was Nike thinking? What was Nike thinking? — Donald J. Trump (@realDonaldTrump) September 7, 2018 It was me. That’s what you get for claiming “anonymous sources” disproved my birth certificate. pic.twitter.com/EwcOVQWA3T — Barack Obama ____________________________🇺🇸Fan (@ThePresObama) September 7, …
by Daniel Carter America’s political sphere is becoming a place where outcomes considered unthinkable in the past are becoming reality. This can almost entirely be attributed to the rise of populism. In recent decades, the ruling-class has presided over a disastrous …
by Daniel Carter The culture war continues to grind forward, on and on. Every day social media is filled with hysteria because Trump did this or the left did that. This week, there was a ridiculous level of outrage over Nike’s …
via slashdot.org: pgmrdlm shares a report from The Verge:Best known for coining the phrase “net neutrality” and his book The Master Switch: The Rise and Fall of Information Empires, Wu has a new book coming out in November called The Curse of Bigness: …
via zerohedge: Another day, another scandal involving Warren Buffett’s favorite bank. According to the WSJ, the DOJ is now probing whether employees committed fraud in Wells Fargo’s wholesale banking unit as a after revelations that employees improperly altered customer information. This follows …
via advisorperspectives: Quick take: At the end of August the inflation-adjusted S&P 500 index price was 121% above its long-term trend, up from 116% the previous month. About the only certainty in the stock market is that, over the long haul, over …
by Jeff Clark, Senior Precious Metals Analyst, GoldSilver Mainstream news site Bloomberg points out today that due to silver’s YTD decline being twice as big as gold’s, the gold-silver ratio (GSR) has spiked to a level not seen in almost …
For More Information See: http://www.dailymail.co.uk/news/artic… http://www.foxnews.com/travel/2018/09… https://www.dailystar.co.uk/news/worl… https://plague.info/2018-08-01-the-ne… https://www.cdc.gov/media/archives.htm
Thanks to the tax cuts passed by the Republican House and Senate and signed by President Donald Trump, at least 120 utilities across the country are lowering rates for customers, according to a report from Americans for Tax Reform. This …
Authored by Daniel Lacalle via The Mises Institute, In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if there is one that really is infuriating: MMT science fiction. One …
by Daniel Carter The degeneracy of mainstream media has been immense. Nowhere has that been so evident than at the New York Times. You may remember that about a month ago, the NYT hired an overt racist by the name of …
New GOP ad 1 New GOP ad 2 h/t Shamrock0007