Summary via Alan Longbon China is undergoing a self imposed slowdown. The current account had declined and actually moved into deficit. Credit creation by banks and the government has been shutdown and effectively not added to the stock of money in the economy since 2016. This slowdown comes at a time when other governments and central … Read more
by TimeTheRevelator INTRO I have been researching a lot of factor investing techniques, and have come to the conclusion that most of the factors investors use are wastes of time. Most signals lose merit when empirically scrutinized, and those that remain do not seem trustworthy over decade-long investment windows. Except for momentum. For some reason … Read more
I divided Illinois’ population of about 12 million by the 2016 pension stats of about 208 billion, as anyone here can easily do online. Actually, the numbers are even worse now, two years later. The Chicago Fed has already announced their solution to the pension catastrophe – raise property taxes – i.e. peoples’ homes. can’t … Read more
PRE-FABRICATED OUTRAGE. When manufactured outrage just isn’t enough. HEH: Plus: And: On Facebook, Prof. Bainbridge weighs in: “I would have preferred Amy Barrett but Brett Kavanaugh is a great choice. I look forward to supporting him.” Randy Barnett: “Kavanaugh’s appointment would move the Court in the direction of textualism and originalism. He’s very interested in the … Read more
by Michael Snyder Americans are on an absolutely spectacular debt binge. Does this mean that the economy is getting better, or does this mean that U.S. consumers are totally tapped out and are relying on borrowed money to make it from month to month? On Monday, the Federal Reserve announced that total consumer credit in … Read more
by Michael Snyder The weeping, wailing and gnashing of teeth has begun on the left, but the truth is that Donald Trump could have nominated someone far more conservative on Monday night. Over the next several months there will be endless protests in Washington D.C. as liberals moan and groan about “the end of our … Read more
For More Information See: https://theintercept.com/2018/07/08/m… https://www.nytimes.com/2018/07/06/op… https://www.usatoday.com/story/news/p… https://www.dallasnews.com/news/crime…
The Left has decided that the solution to the problem of race relations in America is more racism. The Left has decided that attacking, insulting, and dehumanizing one group of people elevates another. The Left now believes there are no boundaries when telling lies, omitting the truth, or misrepresenting the facts when telling the news … Read more
by Thinker Who need Kevin Spacey’s “House of Cards” when you’ve got the US government live in action better than it ever could be written. It isn’t Hollywood, but way better! Watching who stands with honor and who is scrambling in shame in Washington D. C. is a bestseller. Finally the citizens of America are … Read more
Just from a historical perspective, wow… The Dow Jones Industrial Average was created in 1896 by Charles Dow and originally consisted of 12 companies: American Cotton Oil American Sugar American Tobacco Chicago Gas Distilling & Cattle Feeding General Electric Laclede Gas National Lead North American Tennessee Coal and Iron U.S. Leather pfd. U.S. Rubber. At the time, … Read more