Breaking news, updates, and reports on current events.
Americans have the right to a healthcare system that takes care of people, not one that takes advantage of them. President Donald J. Trump REDUCING DRUG PRICES: President Donald J. Trump is working across the aisle to rein in the price of prescription drugs and protect American patients. Americans pay 180 percent of what Europeans, … Read more
by Dana Lyons According to one survey, individual investors poured money back into stocks at a historic pace last month. There is quite a bit of debate stirring regarding the extent to which investors are embracing the current stock market bounce. On one hand, some sources indicate a good deal of flows out of stocks since the … Read more
by howmuch The 2018 tax season is off to a slow start. According to the IRS, refunds are 8% lower than last year, and taxpayers appear to be taking their time filing their returns. But refunds will likely still run as high as two or three thousand dollars. Exactly how big your refund will be depends entirely on … Read more
I Love My Freedom reports, Remember when Kavanaugh was brutally attacked by almost every Democratic Senator when he was falsely accused of sexual assault? Almost every Democrat in Washington, with no hard evidence, was willing to believe a baseless allegation against Brett Kavanagh. These same Democrats seem to have nothing to say about the recent … Read more
Next News has just received Leaked video of the Green New Deal in real-life testing that led to the shocking inclusion of bizzare water reclamation procedures for males. As we reported last week Ocasio-Cortze and her merry band of socialists rolled out their vision of a new america last week wich included doing away with … Read more
So the Fed saved the day… As soon as the market realized the Fed is ready to stop its QT policy, everything changed. So let’s be very clear: NO, the market isn’t strong. On one hand you have investors and even high level people at the Fed saying Fed balance sheet not important and then … Read more
For all the palpitations that the trade war between the U.S. and China will knock out their economies, it is Europe that increasingly looks like the biggest threat to global growth. Industrial production across the 19-nation euro area is falling at the fastest pace since the financial crisis, and deteriorating demand is evident as the … Read more
https://www.cnbc.com/2019/02/12/activision-blizzard-earnings-q4-2018.html EPS: $1.29 adjusted vs. $1.28 estimated by Refinitiv Revs. $2.84 billion vs. $3.04 billion estimated by Refinitiv Activision Blizzard expects first-quarter earnings per share of 20 cents— less than half of what Wall Street was looking for — on revenue of $1.18 billion. Refinitiv consensus estimates projected EPS of 46 cents on revenue of … Read more
Two pension plans in Fairfax County, Virginia are anchor investors in a new $40 million venture-capital fund, according to a statement from the company. Other investors include an insurance company, a university endowment and a private foundation, said Morgan Creek Digital founder Anthony Pompliano, who declined to provide further details. https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
via upfina: It should be no surprise to investors that earnings estimates for both Q1 2019 and full year 2019 have been cratering. We have been discussing this story for a few months in our articles. The latest estimate from FactSet is Q1 2019 earnings will fall 1.7% year over year and full year 2019 earnings … Read more
Amazon has been trying hard to remake Whole Foods’s “Whole Paycheck” image, but facing rising costs, the premium grocery chain has increased prices on a number of items. Whole Foods has raised prices on hundreds of items in the past three months, according to internal communications reviewed by Yahoo Finance. The price hike, first reported by … Read more
The service would be a quick way to monetize Apple’s News app and would likely bolster the company’s services revenue at a time when hardware sales are slowing. The Journal reports publishers aren’t sold on the terms of the service. The company would keep half of the fees, and the other half would be divided … Read more
https://twitter.com/mcm_ct/status/1095507722299166725 https://twitter.com/hks55/status/1095482399138422784 Global non-financial corporate debt hit a record high of 92% in Q3 2018. pic.twitter.com/fDyv5HQ5D9 — IIF (@IIF) January 15, 2019 pic.twitter.com/ZeXgeV514k — M/1_LP (@MI_Investments) February 13, 2019 https://twitter.com/hks55/status/1095445616665219074 https://twitter.com/NorthmanTrader/status/1095658530080768006 Last year 6.9% their forecast for this year 6% pic.twitter.com/KC6rrCGnST — Alessio (@AlessioTMAD) February 13, 2019
NFIB’s faltering small business sentiment points to possible further weakness in manufacturing sector@AndreasSteno @SoberLook pic.twitter.com/tVLrEluE8v — Liz Ann Sonders (@LizAnnSonders) February 13, 2019 The plunge! Eurozone industrial production confirms ugly picture individual member states already gave. Massive collapse in production in December, down 4.2% YoY, most since the financial crisis. pic.twitter.com/vHXRtng4a1 — jeroen blokland (@jsblokland) … Read more
“During Gov. Gavin Newsom’s first State of the State speech Tuesday, he surprised listeners by announcing he would put the quest for high-speed rail connecting San Francisco and Los Angeles championed by his predecessor far on the back burner.” Meanwhile, questions asked and possibly answered at Twitchy: “Tell me I’m wrong. Pelosi had Newsom kill the CA train today … Read more
via americanexperiment: Seeing this problem, many people then demand that the government ‘do something’ about it. Typically, that ‘something’ involves spending more money or issuing a new raft of regulations. Thus, the $40 million Minneapolis Mayor Jacob Frey has earmarked in his 2019 budget for affordable housing and the $71 million, three-year housing initiative which Saint Paul’s Mayor, Melvin Carter, has announced. But before rushing in to … Read more
by WeAreTheResistance With emerging advances in gene editing, the pharmacutical companies are no longer going to be hide advances in medicine and discovering cures to diseases, like a group of Mexican Doctors have recently done with the HPV Virus, and even cervical cancer in It’s infancy stages. 100% effectiveness! Google HPV Cure and click on News … Read more
by Playaguy This is a must watch for any regular here. Charlotte Iserbyt was an “insider” working in education in the 1980’s and saw first hand, documents that called for the instillation of communist ideals into the American school system. It gets more unbelievable as she outlines the plan for what will later becomes known as … Read more
The EU is now pushing project fear, they are talking about an apocalyptic event if there is a no deal. The CB and elite will use fear to try to get what they want. George Soros says something needs to be done or the entire EU will end up like the Soviet Union. Trump has … Read more
By Harry Dent The big news this week is that Europe came in weaker than expected. China’s already been weakening, but everyone expects that. After all, you can’t really trust the big reported numbers from the Red Dragon because they overstate things. But Germany? Germany just reported a decline in December retail sales of 4.3%! … Read more
by surefire_inceligence Amazon created this competition for their upcoming HQ2 location, ultimately picking New York City, and just outside of Washington D.C. So if they knew they were going to pick these already wealthy and developed cities, why dangle of prospect of jobs in front of places like Detroit, Gary, Indianapolis? Because every … Read more
Reddit’s latest funding round values its users at a lower price than any other social network. The company announced Monday it had raised $300 million in its Series D investment round at a valuation of $3 billion. CNBC previously reported the company’s annual revenue topped $100 million, according to sources familiar with the matter, and at 330 million monthly … Read more
Get ready for the meltdown. Even MSNBC of all places is admitting that there is no collusion a la Trump Russia. Mueller investigation coming to a close real soon. DNC already shifting the goal posts. h/t mikeleoncraft
by Charles Hugh-Smith Now the corporate lemmings have rushed into mobile advertising. Given that corporations are run by people, and people are social animals that run in herds, it shouldn’t surprise us that corporations follow the herd, too.Take the herd move to forming conglomerates in the go-go late 1960s: corporations suddenly started buying companies in … Read more
https://www.youtube.com/watch?v=gaLW9L0h-0E Good evening, Viktor Orbán gave his state of the Hungarian nation speech on Sunday. We have a Hungarian friend who was the first to get the tape for us, and translate it as well. By the way, Mr. Orbán would very much like to connect directly with President Trump, but something – or someone … Read more