Breaking news, updates, and reports on current events.
POINTS Does a relative shortage of stocks combined with somewhat mechanical sources of buying explain the Dow rising to 29,000? What’s truly scarce are big, reliable cash flows that investors believe will endure economic wobbles and constant technological disruption. This has created a vastly bifurcated market, and an unusually wide spread between the valuation of … Read more
by Geoffrey Grider Amazon envisions that customers would first use the biometric terminals to link their debit or credit card information to their hands We first told you back in 2018 about Amazon’s new cashierless stores called Amazon Go where you pay for your purchases using only your Amazon Go app. And at that time we warned you … Read more
Haven’t been on for a while so I’m not sure if this video has been posted. It’s new last night so I’m guessing most have not seen it. IPOT is one of the most stand up channels IMHO. If you’re planning on going to Virginia Capital, PLEASE enlighten yourself as to what you are walking into. … Read more
President Trump just reversed an Obama administration and is allowing people of all faiths to practice their First Amendment right to pray in public schools without having to face consequences!
by DCG I remember when this program was rolled out. The kids HATED it and A LOTof food went to waste. Happy Birthday Moochelle! From Daily Mail: Donald Trump’s administration proposed new school lunch guidelines Friday that would undo several changes made by Michelle Obama to get more fruit and veggies on the menu: a move that comes on the … Read more
by DCG Press release from ICE dated 1/16/20: “COLUMBUS — The Franklin County Sheriff’s Office has released 29 criminal aliens and immigration violators since November 2019, despite written detainer requests filed with them by U.S. Immigration and Customs Enforcement (ICE). “When dangerous criminal aliens are released into the community, public safety is needlessly put at risk because … Read more
via lewrockwell It came as the biggest shock of the day on Wednesday. The Russian government resigned. The day before President Vladimir Putin gave his State of the Nation address and outlined a slate of constitutional changes. That speech prompted an overhaul of Russia’s government. Putin’s plan is to devolve some of the President’s overwhelming power … Read more
Thursday, Sen. Martha McSally refused to answer a question from CNN reporter Manu Raju. In her refusal, she called him a “liberal hack.” You can see that very brief, but watchworthy video here. Shortly thereafter, someone in McSally’s camp registered the domain, LiberalHack.com and her re-election campaign was capitalizing on the quip. A little insight into … Read more
WEST PALM BEACH — An Ibis woman who fed vultures, alligators and other wildlife behind her house agreed Wednesday to pay $53,000 to settle a suit brought by the community’s property owners association. In approving the settlement, Judge Scott Kerner permanently enjoined Irma Acosta Arya from further feedings and ordered her to pay the $53,000 … Read more
by David Haggith Since hindsight is 2020, I thought it might be useful now that we are far past the time in 2018 when I called the fall of the US housing market to assess where its journey went during the year and a half that has gone by before I venture a housing market prediction … Read more
via washingtonexaminer Two gun rights groups planning to host a rally of 130,000 supporters Monday at the Virginia state Capitol have sued to repeal Democratic Gov. Ralph Northam’s ban on guns, even for those with permits. “Governor Northam is behaving like the royal governors who long preceded him. He has arrogantly and brazenly tried to restrict the … Read more
Japan: 253% Greece: 178% Lebanon: 148% US: 105% Egypt: 101% Spain: 98% France: 97% Canada: 89% UK: 85% Brazil: 74% Germany: 64% Israel: 60% Argentina: 57% China: 47% Saudi Arabia: 17% Russia: 12% Brunei: 3% Government debt as share of GDP. Japan: 253%Greece: 178%Lebanon: 148%US: 105%Egypt: 101%Spain: 98%France: 97%Canada: 89%UK: 85%Brazil: 74%Germany: 64%Israel: 60%Argentina: 57%China: … Read more
by Tom McClellan Note: This article previously appeared in the Jan. 14, 2020 issue of our Daily Edition. The charts are updated through Jan. 16’s data. This week’s chart shows an interesting representation of bullish trader sentiment. The number of SPY shares outstanding is above its upper 50-1 Bollinger Band, and continuing to rise. Check out the … Read more
The stock market has moved to reward those companies who are investing in Capex and R&D… https://t.co/triayuUyBG – B. Rollins@SoberLook pic.twitter.com/77HK32P2Yq — 361 Capital, a division of Hamilton Lane (@361Capital) January 16, 2020
via wallstreetonparade On February 3, 2015, Jim Clifton, the Chairman and CEO of the iconic 85-year old polling company, Gallup, penned an article for his company in which he called the reported unemployment number issued by the U.S. Government “The Big Lie.” Wall Street On Parade has now discovered that a speech by former Fed Chairman … Read more
From the WSJ: Stubborn German Slowdown Ominous for European Economy GDP growth in Germany was a paltry 0.6% last year! Manufacturing contracted 3.6%. Additionally the gas automotive industry represents about a quarter of Germany’s economy. That’s a big issue considering electric cars don’t need all the gas automotive parts Germany produces and the current leader–Tesla–is a primary competitor … Read more
