And the year has just started. By MC01, a frequent commenter on WOLF STREET: In South Korea: Hyundai Development Company (HDC) and Mirae Asset Daewoo (MAD) were “selected” in November by the Korean government as “preferred bidders” to purchase a large share in the …
Investors are all-in financial assets at an historic bubble. When the entirety of Wall Street has bought into the popular delusion, you have likely finally reached the peak. Any number of catalysts can prick it. How many of these reports …
via mishtalk According to new IRS documents for 2017 and 2018, people are fleeing Illinois in record numbers. New IRS data confirms Record Number of Illinoisans Leave State as Tax Base Continues to Shrink. The IRS has just released new domestic migration data for …
by Wayne Allyn Root Here’s my New Year 2020 gift to the Democrat Party. This is a teachable moment. I’m going to teach you how real Americans actually think. Because Democrats are clearly A) clueless and delusional, or B) so anti-American …
January 04, 2020 12:19 PM ET Here Are The Republican Governors Asking For Refugee Resettlement In Their States Fox News host Tucker Carlson and a guest discussed Republican governors in 18 states asking for refugee resettlement despite being given an …
by Amy S. US-Iran tensions rise after Qassem Soleimani, head of Iran’s elite Quds Force, killed in Baghdad by US air strike. Tensions between the United States and Iran have escalated dramatically after a US air strike killed Qassem Soleimani, head …
An ugly report. How will it impact the overall economy? By Wolf Richter for WOLF STREET. US manufacturing took a turn from lousy to worse in December, according to the Manufacturing ISM Report On Business, released today, with employment, new orders and new export …
Amid a slew of problems. By Nick Corbishley, for WOLF STREET: Italy could be on the verge of approving rules that would make it much easier and cheaper to revoke highway concessions. And that could be very bad news for Autostrade per l’Italia (ASPI), …
Sales fall for second year in a row, as car sales collapse further and truck sales barely tick up. By Nick Corbishley, for WOLF STREET: Sales of passenger cars and light trucks in Canada fell 3.7% to 1.91 million vehicles in 2019, the second …
Money manager Michael Pento says, “I have 10% of my portfolio in gold, and I am going to increase that. I would think you need at least 10% in gold, physical gold, right now. If you don’t have that, then …
United States Secretary of State Mike Pompeo Reveals What John Kerry and the Obama Administration are Doing Behind the Scenes h/t dr0id
Donald J. Trump Verified account @realDonaldTrump Iran is talking very boldly about targeting certain USA assets as revenge for our ridding the world of their terrorist leader who had just killed an American, & badly wounded many others, not to …
by WARREN MOSLER Deeper into contraction: The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “The December PMI® registered 47.2 percent, a decrease of 0.9 percentage …
by northmantrader Recently an annual ritual took place. Wall Street analysts setting year end price targets for the S&P 500 for the new year. Don’t act surprised but these latest price targets are higher for 2020. Why is it not …
by Simon Black Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity. Professor Blames Private Property for California Wildfires …
Last week, I reported that, despite record illegal immigration draining resources in the states, 15 GOP governors requested refugee resettlement, after the State Department required their consent in order for contractors to begin resettling in a given jurisdiction. Now, as …
by Econimica 2019 was another “rung” in the ongoing bull market. The trifecta of a resumption of QE, interest rate cuts, and a flood of federal debt coupled with ongoing stock buybacks and corporate tax cuts all fueled an asset explosion. …
By David Stockman New Federal Reserve data shows commercial and industrial loan growth weakened in 2H19, an indication the industrial recession continues to plague the overall US economy. C&I loans rose 1.6% in Dec. to $2.4 trillion, with most of the growth …
by Bob Moriarty via Streetwise Reports While I happen to be a giant fan of the Daily Sentiment Index (DSI), I also use a bunch of other signals. The DSI is the single best indicator I’ve found but there are dozens of other measures of …
https://www.youtube.com/watch?v=x00W8U3kV_4 Worst flu season ever coming. https://t.co/V5UKFcYzbt — Fritz Harrod (@bignels2) January 4, 2020 U.S. on Track for One of Worst Flu Seasons in Decades, With Nearly 3,000 Deaths so Far https://t.co/yiscfKATvr via @ktla — Mary Sutton Greeley (@Lucky_finds) …
By David Stockman Synchronized Global Growth, R. I. P. What the Fed Did to Calm Year-End Hissy-Fit of its Crybaby Cronies on Wall Street …. the Fed’s balance sheet – which include Treasury securities, repos, and MBS, among other stuff – …
via Joe Guzzardi In a story that has become all too familiar, AT&T announced that it will be laying off its U.S. tech workers. Many of the displaced Americans have been employed for decades. They will struggle to find comparable jobs and may …
FLASHBACK: Obama launches 2,800 strikes on Iraq, Syria without congressional approval Nearly 3,000 strikes in Iraq and Syria to date https://www.washingtontimes.com/news/2015/apr/27/congress-still-not-specifically-authorizing-islami/ h/t dr0id
by The Phoenix Happy New Year! The “Santa Rally” hit in a big way with the S&P 500 continuing to rise in a clear bullish channel (blue lines) throughout December. After a run of this magnitude, stocks are due for some …
From Birch Gold Group As we enter the year 2020 (and a new decade), it’s important to keep in mind how long it has been since the last major recession started in the U.S. — more than 11 years now. Since the economy …
That doesn’t mean that there are no possible valid critiques of bombing Soleimani. But honestly, I can’t think of any. Here are the main candidates: 1. It will provoke Iran. Well, maybe. But Iran has been at war with us for 40 …
by Jake Chuck Schumer, the man who supported Obama, then supported the Iran deal, then didn’t support the Iran deal. The man who has fought Trump against Middle east Troop withdrawal and stopping the war in Syria, is now suddenly …
‘They Are Liars, And They Don’t Care About You’: Tucker Slams Neocon Shills Pushing War With Iran Jan. 02, 2020 Tucker Carlson was the only mainstream right-winger on TV Thursday night to speak out forcefully against the neocon shills pushing …
By Patrick Watson We have a trade deal! Should we pop the champagne corks? If so, we better hurry. The Trump administration wants to slam 100% tariffs on French champagne—retaliation for France’s new digital services tax. This trade war has more than …
AMN Healthcare @AMNHealthcare [2/2] The individual by that name who works for us is not a clinician, does not work in a clinical setting or work in a location where patients are cared for. However, we take this very seriously …