Breaking news, updates, and reports on current events.
Via USA Today In the Netflix era, many Americans are managing their finances based on their monthly subscription payments, often with little regard to the total they’ll pay in the long run. That paradigm benefits the automotive industry and the lenders that finance car loans, as auto sales remain near record levels. The average price of … Read more
from Zero Hedge Something odd is taking place in the market today: the world’s biggest central bank – whose balance sheet is 40.5% of Europe’s GDP – unveiled massive monetary easing in the form of new carry-trade facilitating bank loans and an extended NIRP period and… stocks tumbled, a reaction which the market has rarely even seen before … Read more
https://www.youtube.com/watch?v=SKKzcgv3_QY Alexandria Ocasio-Cortez Gets Humiliated By Her Own Witness Over Trump’s Border Wall Emergency today during oversight hearing and oversight committee and oversight and reform committee Alexandria Ocasio-Cortez asked democrat witness about border wall and border emergency facts and got a dose full of facts this is latest news and breaking news in current events … Read more
Here’s today’s articles mentioned in this news update: 1. Elon Musk wasn’t wrong about automating the Model 3 assembly line — he was just ahead of his time https://techcrunch.com/2019/03/05/elo… 2. Tesla cutting more jobs at Fremont factory https://www.mercurynews.com/2019/03/0…
https://www.youtube.com/watch?v=GoHI1_t-d2k This is really nothing to take lightly. There are many who will take this “study” seriously. MSM will lean on it like a crutch, Social Media Giants can leverage this to ban even MORE people from their platforms (in an effort to “reduce crime”) and governments can use it as a justification to intrude … Read more
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Proceedings in the federal class-action anti-trust lawsuit against JPMorganChase charging the investment bank with manipulating the gold and silver futures markets — http://www.gata.org/node/18844 — have been suspended for three months at the request of the U.S. Justice Department, just as the department has … Read more
by Adam Taggart Well, it proved a nail-biter to the very end; but the S&P did indeed close BELOW its 200 DMA. Though, in the last few minutes of trading, it looked like the rescue attempts would succeed. But they just couldn’t quite muster enough oomph to get things back to the critical purple line: What … Read more
by Jesse “This week, I am introducing legislation to end a war that should have ended long ago, the war in Afghanistan. The United States has been fighting The War on Terror™ since October of 2001 and it has cost 6 trillion dollars.” Senator Rand Paul “The war is waged by the ruling group against its own … Read more
https://www.youtube.com/watch?v=2ynIkyq4oqI
by KrakNup So Communism. Dan Bongino: The Democrats Double Down on Stupid Democrats are stupid. Got it? Bill Still: MSM TV Nets Hide Dems’ Vote For Infanticide – Dems Looking more evil by the minute! Skip to 54 seconds to see the report
by The Felder Report The following post was based on an excerpt from a recent report published in The Felder Report PRO. Warren Buffett recently said wrote, “Prices are sky-high for businesses possessing decent long-term prospects.” And I wouldn’t be surprised if he was looking at the whole of Corporate America when he wrote it. According to … Read more
by WARREN MOSLER Downward revisions for q4 GDP. And not how both imports and exports are down for the last 6 months or so as global trade decelerates: Highlights Revision estimates for fourth-quarter GDP will be coming down following an unexpectedly deep $59.8 billion trade deficit in December. Not helping the quarterly deficit are downward … Read more
https://www.youtube.com/watch?v=zzmk5c5zEcQ Jim Jordan Finds Out We Seize More Drugs Outside Ports Of Entry Than At Ports Of Entry today during oversight hearing and oversight committee and oversight and reform committee jim jordan showed every democrat why their is a national emergency going on right now and got all democrat witnesses to admit that their is … Read more
By Robert Ross Bernie is back. Yes, Bernie Sanders—the self-described socialist—has tossed his hat back into the race for president. This time the senator from Vermont is getting much more support. In fact, Bernie raised a record $6 million from more than 225,000 donors within a day. But he is not the only Democratic candidate … Read more
By Robert Ross Last week, Amazon announced that it would launch its own grocery chain. This is Amazon’s second big leap into groceries. In 2017, the company bought grocery chain Whole Foods for $13.7 billion. All of this prompted a number of speculations about Amazon’s move into “offline” retail. While Whole Foods gave Amazon access … Read more
https://bloximages.newyork1.vip.townnews.com/ilnews.org/content/tncms/assets/v3/editorial/3/64/364b5ab2-3f92-11e9-a710-933a60cb0ff9/5c7ef1ebd1faf.video.mp4 via ilnews: Legendary investor Warren Buffett said he wouldn’t “walk into liabilities” by expanding in states like Illinois or New Jersey, which carry billions in pension debt. In an interview with CNBC, the Oracle of Omaha was asked about how he sees unfunded pension liabilities affecting the economy in the next ten years. “In the … Read more
TradersChoice.net, Released on 3/6/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more
by Lance Roberts Since the beginning of the year, the market has rallied sharply. That rally has been fueled by commentary from both the Trump Administration and the Federal Reserve of the removal of obstacles which plagued stocks in 2018. The chart below is an abbreviated, and a bit sarcastic, version of events. While the … Read more
by Kurt Schlichter There are not that many Never Trumpers anymore, though the media (and the remnant Never Trumpers) try to fool you into thinking so. The honest Never Trumpers, the ones who thought that this orange New York real estate developer with the succession of hot wives was not a real conservative and would betray … Read more
From Birch Gold Group Tax filing season is underway, and scammers are wasting no time when it comes to adjusting their cons accordingly. Until we meet the IRS deadline in April, citizens should be on alert for fraudsters reaching out to them and posing as government agents looking to “settle bills”. The IRS is very much … Read more
by Adam Taggart There’s an important battle going on in the market today. The S&P 500 cracked below its 200 daily moving average (DMA) this morning and the usual suspects have been trying to undue the damage ever since. A major attempt to rally failed two hours ago, leaving only an hour left for the authorities … Read more
by TFittonJW And you wonder why I often look like I am going to explode… Judicial Watch told Congress directly to change the law: And here:
MP seeks government control of Social Media (Link to article below) https://www.cbc.ca/news/politics/face…
via Grant’s Interest Rate Observer On Monday, the Real Estate Board of Greater Vancouver reported February results that could be classified as ghastly, with residential home sales plummeting 32.8% year-over-year to 1,484 units. That’s the lowest February sales total since 1985 and 42.5% below the 10-year average. Prices have also broken lower, with the composite index sinking … Read more
via CNBC: Houston and San Francisco are separated by two states, approximately 1,934 miles and about four-and-a-half hours in the air. Still, a Houston-based law firm thinks a long-haul commute is actually the frugal and practical choice. That’s because the cost of living in San Francisco is among the highest in the country. In San Francisco proper, … Read more