Breaking news, updates, and reports on current events.
By Haley Zaremba Are we on the brink of war? It seems the answer could be yes as the United States and Iran trade attacks and counterattacks in the wake of the U.S. drone strike that killed Iranian Revolutionary Guard Gen. Qassem Soleimani last week. After Iran responded with a missile attack on U.S. troops, however, Iranian … Read more
by WARREN MOSLER Deep in contraction: AAR: December Rail Carloads down 9.2% YoY, Intermodal Down 9.6% YoY Still decelerating:
by Dunagun Kaiser with Rick Rule via Reluctant Preppers Legendary natural resource investor and CEO of Sprott Asset Management, Rick Rule, returns to Finance and Liberty to give us his 2020 preview for metals, markets, and impacts from unexpected geopolitical hot-spots. In a special discussion of threats to our retirement plans, Rick explains why he’s particularly concerned about risks that … Read more
by Brian Maher via Daily Reckoning Dear Reader, “Journalism is about covering important stories,” said one scalawag. “With a pillow.” A staggering bailout of the banking system presently proceeds apace. The mainstream financial press has seized a bed pillow, placed it over this important story… and pressed down murderously. Today we pry away the pillow… and vent in … Read more
The map indicated the possibility of training physical wave systems to learn complex features in temporal data using standard training techniques used for neural networks. As proof of principle, they demonstrated an inverse-designed, inhomogeneous medium to perform English vowel classification based on raw audio signals as their waveforms scattered and propagated through it. The scientists … Read more
by TrailDust Whenever I see another inexplicable decision in California government, I ask how it could be so completely foul. The following video opened my eyes and answered some nagging questions. For instance, the clueless Gavin Newsom didn’t just come into power accidentally (or even honestly). Well, now we know a bit more. And we … Read more
via Zerohedge Yesterday, when looking at the composition of the ongoing market meltup, Morgan Stanley flagged just how uneven the leadership distribution has become highlighting the “other 1 percent”, namely the handful of tech names that have been responsible for the bulk of the S&P’s move higher in 2019, and noting “that in a world of low … Read more
by Simon Black The news headlines read, “Deadly 6.4 Magnitude Earthquake Plunges Puerto Rico into Darkness”; and “Powerful Puerto Rico Earthquake Knocks Out Entire Island’s Power.” It was enough to prompt my mother to call, four times, to make sure I was OK. There’s been a string of fairly strong earthquakes lately in Puerto Rico… which is incredibly … Read more
by Ryan McMaken of Mises Institute The Fed announced on Thursday it is adding another $83 billion in “in temporary liquidity to financial markets.” And, in a development that will surprise no cynic anywhere, the Fed also noted that it “may keep adding temporary money to markets for longer than policy makers had expected in September.” Specifically, this was another … Read more
BY SRSROCCO Funny, no one seemed to consider what to do with the massive amount of wind turbine blades once they reached the end of their lifespan. Thus, the irony of the present-day Green Energy Movement is the dumping of thousands of tons of “non-recyclable” supposedly renewable wind turbine blades in the country’s landfills. Who … Read more
by Ron Paul President Trump’s decision earlier this month to assassinate Iran’s top military general on Iraqi soil – over the objection of the Iraqi government – has damaged the US relationship with its “ally” Iraq and set the region on the brink of war. Iran’s measured response – a few missiles fired on an Iraqi … Read more
by TFittonJW Not intimidated by Schiff. Judicial Watch sued Schiff in federal court for docs on his illicit subpoenas for phone records of Trump’s lawyer and other innocent Americans. https://www.judicialwatch.org/press-releases/judicial-watch-sues-rep-schiff-and-the-house-intelligence-committee-for-phone-subpoenas-targeting-trump/
Leaked documents said to describe how the social network shares psychological insights on young people with advertisers Facebook showed advertisers how it has the capacity to identify when teenagers feel “insecure”, “worthless” and “need a confidence boost”, according to a leaked documents based on research quietly conducted by the social network. The internal report produced … Read more
The Iraqi government has gravitated toward the Russian defense industry amid simmering tensions between Washington and Baghdad after the killing of top Iranian General Qassem Soleimani, in a move that might trigger U.S. sanctions. Members of the Iraqi parliament said the country was considering purchasing the Russian-made S-400 air defense missile systems, the Wall Street … Read more
A lot of leftists on GLP are pushing the lie lately that Obama never did this, and that’s what makes Obama’s actions different. It seems many on GLP are even falling for this lie. One word: Libya President Obama: Libya aftermath ‘worst mistake’ of presidency US President Barack Obama has said failing to prepare for … Read more
by Aboly CEO Performance Award Details The performance award consists of a 10-year grant of stock options that vests in 12 tranches. Each of the 12 tranches vests only if a pair of milestones are both met. Market Cap Milestones: To meet the first market cap milestone, Tesla’s current market cap must increase to $100 … Read more
New York Representative Alexandra Ocasio-Cortez is holding back $250,000 in dues she owes the Democratic Congressional Campaign Committee AOC says she won’t pay up because she doesn’t see why she should give ‘to an organization that has clearly told people like me that we’re not welcome’ The dues, paid from her campaign fundraising, are earmarked … Read more
by Michael Snyder There certainly hasn’t been a lack of seismic activity so far in 2020. Just a few days ago, I wrote about the horrific earthquake swarm that Puerto Rico is currently experiencing. More than 1,000 earthquakes have rattled Puerto Rico so far, and as you will see below, it was just hit by another very … Read more
by Michael Snyder Lost in all of the headlines about Iran and impeachment is the fact that the U.S. economic slowdown which began during the latter stages of last year appears to be accelerating. The final numbers which will tell us if we are officially in a recession at this moment won’t be released until … Read more
