Breaking news, updates, and reports on current events.
Democrats want to hide presumptive presidential nominee Joe Biden until Election Day. KNOWING THAT BIDEN CAN’T COMPLETE A SENTENCE, Thomas Friedman tries to provide cover for Democrats to duck debates. h/t Jake
https://twitter.com/disclosetv/status/1281151353054810113 Indeed strange … so sudden … h/t DT
https://twitter.com/NicoleArbour/status/1279956900411564033
100,000 Minorities on the charter school waiting list in Texas alone. h/t Jake
https://www.youtube.com/watch?v=Vb3okWhr_rA The [DS]/MSM they know they only have a certain period of time before the facts over power the propaganda, it is already happening and they do not know how to stop it, so get ready for another FF. [GM] was arrested and it is reporting that each has the pics and videos. The connections … Read more
Or ‘How Doomers once again tried to snatch Defeat from the jaws of Victory” h/t dr0id
If you knew the law you would know that religious freedom is in the 1st line of the 1st amendment. It trumps Roe v Wade which wasn’t decided on religious grounds. The 1st amendment is hardly a sword, it is a shield. https://t.co/3aixIkWTtO — john coale (@johnpcoale) July 8, 2020
Guess what — China isn't on track to come close to meeting its Phase One purchase commitments. It isn't even on track to match its 2017 imports of U.S. goods. (joint post with Dylan Yalbir)https://t.co/RZCnV3WBdY — Brad Setser (@Brad_Setser) July 8, 2020
Chinese stocks have gained pretty much every single day in the last four weeks. Insane pic.twitter.com/FywY5erjxj — David Ingles (@DavidInglesTV) July 8, 2020 #China's #MarginTrading picks up as stocks crack into a bull market.The top securities regulator CSRC published a list of 258 illegal margin financing platforms on Wednesday and warned investors of risks.https://t.co/VGuFgMazhg — … Read more
Looks like Texas deaths are now catching up with the rising cases/hospitalizations https://t.co/Skv41z8pq8 — Gregor Peter (@L0gg0l) July 8, 2020 There has been a theory that even if the June outbreak acceleration (2nd wave if you will) skewed younger, it would reach older cohorts over time. This theory now seems to to be supported by … Read more
This is by far the Most Mispriced Market in History. — Paranoid Bull (@paranoidbull) July 8, 2020 How to spot a bubble: I believe there are roughly 6 stages of a market’s valuation. People use different methods to justify buying stocks in each phase: 1. Multiple of FCF2. Multiple of EBITDA3. Multiple of Revenue4. Multiple … Read more
Progress being undone. Homebase data is not looking too good. Hourly employees down across the board. We're using a 7-day average here to smooth out some seasonal volatility. Data goes through July 7. pic.twitter.com/XEZgTgBNge — RenMac: Renaissance Macro Research (@RenMacLLC) July 8, 2020 https://twitter.com/silviakillings/status/1281181676203319297 32% OF AMERICANS HAVE NOT MADE THEIR FULL HOUSING PAYMENTS FOR … Read more
Biden is massively responsible for a lot of the system we have today. It’s crazy to me people don’t know this, even a couple years ago when asked if he regretted it? He said absoultley not. Here he brags about being known as the man responsible for giving everyone the death penelty except jaywalkers, says … Read more
via realclearpolitics: On Saturday, a man drove his car onto a Seattle freeway that had been closed by a Black Lives Matter crowd. The driver killed one person and seriously injured another after going the wrong way up a ramp and then around a barricade. Reports noted that police “don’t believe impairment was a factor.” Over the weekend, news … Read more
BLM Teacher Says 2+2 Only Equals 4 Because Of “Western Imperialism” Brittany Marshall’s tweet went viral after she claimed during the course of a discussion about racism, “Nope the idea of 2 + 2 equaling 4 is cultural and because of western imperialism/colonization, we think of it as the only way of knowing.” Marshall, who … Read more
Terry Crews says he doesn’t want to move from one oppressor to the next. Don Lemon asks him who the next oppressor would be, CNN edits crews response out. I wonder what he was going to say. h/t lsdhead
Saagar Enjeti discusses the reveal about Deutsche Bank’s connection with Jeffrey Epstein.
https://www.cnbc.com/2020/07/08/dividend-payments-plunge-by-42point5-billion-in-worst-quarter-since-financial-crisis.html Dividends on net fell $42.5 billion in the second quarter from a year earlier. That was the largest decline since the first quarter of 2009 during the Great Recession, according to S&P Dow Jones Indices. For the S&P 500, dividends totaled $119 billion, a sharp drop from the record $127 billion in first quarter.
The Supreme Court will announce Thursday whether congressional committees and a New York prosecutor are entitled to see President Trump’s personal financial records, after the president has waged an intense legal battle to keep the material secret. The court said Wednesday that opinions in all remaining cases would be issued Thursday. The court in May … Read more
Northeastern University announced Wednesday afternoon that it would join Harvard University and the Massachusetts Institute of Technology in filing a federal lawsuit against the Department of Homeland Security and U.S. Immigration and Customs Enforcement over new rules barring international students from living in the country while taking online courses. The suit, filed in U.S. District … Read more