Breaking news, updates, and reports on current events.
S&P 500 Forward PEG Ratio. So we got that goin' for us. Which is nice. pic.twitter.com/LExmss6YFD — Not Jim Cramer (@Not_Jim_Cramer) December 15, 2019 Spotted: multiple expansion on steroids!$AAPL Apple's forward P/E ratio has almost doubled from the December 2019 low, now above 21, highest since April 2010. pic.twitter.com/RMvpZYSRLH — IV (@iv_technicals) December 16, 2019
by Lance Roberts I was stunned by a recent article from Marshall Auerback via The Nation entitled “Why Democrats Need To Stop Worrying And Love The Deficit.” “Delivering on big progressive ideas like Medicare for All and the Green New Deal will never happen until Democrats get over their fear of red ink.” While the article … Read more
A traffic jam of 391 miles was recorded on the outskirts of Paris on Monday morning as fresh strikes over pension changes brought public transport to a standstill in France for a third week. President Emmanuel Macron’s government appeared determined to push ahead with its plans despite the French transport strikes causing widespread disruption as they enter their twelfth day. In … Read more
An Opinion About The Repo Market “Crisis” TJ
Beijing’s envoy to Berlin has warned Germany against siding with the US on Huawei, saying that China will retaliate if the telecom company is excluded from the German market, according to national media and Bloomberg reports. “If Germany were to take a decision that leads to Huawei’s exclusion from the German market, there will be … Read more
State Senator John Yudichak of Luzerne County, Pennsylvania said that he will be switching his registration to become an Independent. He will caucus with the Republican majority. Yudichak has criticized an increasingly liberal Democratic caucus that has led to this decision. Due to issues that he finds important, Yudichak believes there is a better home … Read more
via Market Crumbs, It was July 6, 2018 when you could argue the U.S.-China trade war officially began. On that day, American tariffs on $34 billion of Chinese goods came into effect. China immediately struck back with tariffs of its own. The two sides began going tit-for-tat and the trade war we have all grown to love … Read more
by The Phoenix Stocks staged a MAJOR breakout last week. The blue line in the chart below has marked a TOP for every market rally this year. But not this time. Stocks broke through it to the upside. They then held it overnight into the next session. This is EXTREMELY bullish. In the very near term … Read more
To be fair, they’re not just nuts. They’re also crooks. So there’s that. via NYPOST: New York desperately needed to fix its criminal-justice system, but — as we’re now belatedly learning — the reforms Gov. Andrew Cuomo signed into law last spring go way too far. They’re sure to cause more harm than good. What should have … Read more
Veteran columnist Andrew Malcolm: California is a wondrous place. I’m leaving. I lived in Illinois for many years, so I know one-party government well. Shortsighted Californian voters get what they elect—a loopy super-majority that lets billions in approved water bonds for reservoirs sit idle during an historic drought, so trillions of gallons of welcome rains flow … Read more
President Donald Trump mocked House Speaker Nancy Pelosi on Sunday for “her teeth falling out of her mouth” during a press conference last week. Trump commented on a video clip highlighted by Rep. Mark Meadows featuring a reporter asking Pelosi why Democrats did not charge Trump with the crime of bribery. “Because it wasn’t true,” … Read more
Researchers have now collaborated to develop a means of storing extensive information in almost any object. “With this method, we can integrate 3D-printing instructions into an object, so that after decades or even centuries, it will be possible to obtain those instructions directly from the object itself,” explains Robert Grass, Professor at the Department of … Read more
A friend on Facebook writes: A boomlet among talking heads and media pundits is currently tallying up all the newspapers calling for impeachment. But among major dailies now endorsing impeachment, all except one endorsed Hillary Clinton in 2016. (The exception, USA Today, endorsed “not Trump” — stay brave, Gannett.) My point: Newspapers overwhelmingly urged the … Read more
by DCG Wife of Creepy Joe appeared on MSNBC yesterday to proclaim that President Trump is afraid to run against her husband. Jill also went on to defend her son Hunter saying, “I know my son. I know my son’s character. Hunter did nothing wrong. And that’s the bottom line.” Let’s take a look at Hunter’s “character,” shall we? … Read more
Time-restricted eating (eating all calories within a consistent 10-hour window) supports an individual’s circadian rhythms and can maximize health benefits, as evidenced by previous research published by the Salk team. Circadian rhythms are the 24-hour cycles of biological processes that affect nearly every cell in the body. Increasingly, scientists are finding that erratic eating patterns … Read more
by howmuch The holidays are right around the corner, which means consumers are being subjected to endless commercials and ad campaigns pushing for that last-minute gift purchase. Advertising is big money not only in the U.S., but also around the world. Just how much money is spent on advertising? That’s the subject of our new … Read more
Authored by Mark Glennon via Wirepoints.org, A commenter here recently asked it this way: “How high would income taxes have to ramp in order to offset reducing Illinois’ property tax burden to that of Indiana, Iowa or Wisconsin?” That’s a great angle to look at it from because you learn much by seeing that math. Don’t worry, we’ve done … Read more
Authored by Charles Hugh Smith via OfTwoMinds blog, It was all fun and games enriching the super-wealthy but now the karmic cost of the Fed’s manipulation and propaganda is about to come due. A “market” that needs $1 trillion in panic-money-printing by the Fed to stave off a karmic-overdue implosion is not a market: a … Read more
by Mike Manwell via Rethinking The Dollar Thanks for watch this RTD Quick Take. Share your thoughts below and make sure to subscribe for more news related videos like this one. Greeks will be forced to spend around a third of their income using electronic means if they want to avoid substantial fines designed to stamp out rampant … Read more
by Frank Shostak via Mises Mainstream thinking considers the central bank a key factor in the determination of interest rates. By setting short-term interest rates, the central bank, it is argued, can influence the entire interest rate structure by creating expectations about the future course of its interest rate policy. In this way of thinking, the long-term rate is … Read more