Breaking news, updates, and reports on current events.
TradersChoice.net, Released on 1/30/19 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 Jesse Colombo As seen on Forbes by Real Investment Advice’s Jesse Colombo – “Computer Science Demand Is Soaring Due To Tech Bubble 2.0.” For the past several years, I’ve been warning that the tech startup boom (and the surge of interest in “coding”) is actually a dangerous bubble that is driven by the U.S. … Read more
via Marketwatch: The slowdown in global growth bears strong resemblance to a 2015-16 episode that was driven in large part by softness in China. This time around, China’s problems could prove even more damaging, warned economists at Oxford Economics. “The Chinese slowdown could have serious negative consequences for world growth if it intensifies. Our model … Read more
by Frank Holmes, CEO, U.S. Global Investors Last year was admittedly a tough one for emerging markets. A number of currencies were under considerable pressure, with some of them falling to record or near-record lows against the strong U.S. dollar. Global trade tensions, threats of sanctions, rising U.S. interest rates and higher oil prices—before they … Read more
CULTURE OF CORRUPTION: Obama’s FBI Ignored Lead That CHINA Had CLINTON EMAILS. A “remarkably scandal-free administration,” because it’s only a scandal if the press chooses to cover it like one. UPDATE (FROM GLENN): A reader sends this blast from the 2014 past: Dozens of Inspectors General Say Federal Agencies Hindering Oversight: At least three federal agencies … Read more
All the Democraps voted for a 325 mile wall in 2013 says Ted Cruz https://www.washingtonexaminer.com/2013-all-senate-dems-voted-to-build-border-fence-kill-visa-lottery-end-chain-migration It called for “no fewer than 700 miles” of border fencing. Here’s the vote count-see list of names only 14 Repusses voted for it h/t White Trash
Professor blasts university for playing down violent threat against conservative students’ event. Investigates nonthreatening speech with no hesitance, however John Banzhaf has spent years denouncing his employer, George Washington University, for investigating its students for their free speech. But it was the private university’s refusal to condemn posters that threatened physical violence against a conservative … Read more
JOURNALISM: After getting pushback from Sen. Kamala Harris’s (D-CA) campaign, CNN’s Andrew Kaczynski on Tuesday evening deleted an accurate tweet about how Harris backtracked on her call to “eliminate” private health insurance and provide Medicare for all. Well, if a Democrat’s campaign doesn’t like what you write, of course you take it down. After all, … Read more
by Daisy Luther Washington state recently introduced bills for some of the strictest gun laws in the country but they have some very important opponents: the sheriffs. Long thought to be the last line of defense between authoritarianism and freedom, sheriffs are in a unique position. As elected officials, basically nobody has authority over them … Read more
by Natura Naturans ‘Clean energy leader’ PG&E Filing Bankruptcy – rejects investor bailout – massive rate hike looms Anthony Watts / 1 hour ago January 29, 2019 If only they’d spent more money on keeping their infrastructure maintained instead of chasing green dreams. PG&E is also answering to federal judge William Alsup, who is overseeing its … Read more
This morning January 30, 2019. It was 60 below zero with the wind. https://www.youtube.com/watch?v=kx__y7zeh-A
Update and forecasts for what is considered the coldest temperatures to blanket half of the US in generations is intensifying then bottoming out over the next 45 hours. Temperatures will reach -47F as ground temperatures over the next three days with wind chill down to -70F in parts of the Great Lakes, Midwest Pains states … Read more
Scott Wong for the Hill reports, Rep. Alexandria Ocasio-Cortez (D-N.Y.) has infuriated colleagues by aligning with a progressive outside group that’s threatening to primary entrenched Democrats. Now some of those lawmakers are turning the tables on her and are discussing recruiting a primary challenger to run against the social media sensation. https://www.youtube.com/watch?v=MG8W1lFwh6k Read More/Source/Credit/FairUse: https://thehill.com/homenews/house/42… … Read more
The Fed meeting was a true embarrassment. A complete joke. They basically admitted that they broke the markets. It’s destroyed. But Jim “Bear Sterns” Cramer and the 7 Shares of Amazon investor doesn’t see passed this. Central banks are the enemy. They are not your friend. Every one of their actions are designed to be … Read more
https://www.theverge.com/2019/1/29/18202880/facebook-research-enterprise-root-certificate-onavo-techcrunch Facebook has run a program to collect intimate user data from paid volunteers for the past three years, according to a new report. TechCrunch reported that the company has been paying people ages 13 to 25 as much as $20 month in exchange for installing an app called Facebook Research on iOS or Android, … Read more
by Raúl Ilargi Meijer Jan van Eyck Madonna and Child at the Fountain 1439 (height: 7.4“, 19 cm) It’s educational and even somewhat entertaining to observe the role of the western press in the ongoing erosion and demise of democracy in Europe. But while it’s entertaining, it also means their readers and viewers don’t get informed on … Read more
by Amy S. When the U.S. government shuts down, federal agencies lose access to the funding they need to perform different functions. This affects people across the country. National parks and museums close. Many folks with public sector jobs can’t get paid and the economy takes a hit. While federal furloughs rarely happen, it doesn’t … Read more
by WARREN MOSLER Apple says China sales fell 27% last quarter (Nikkei) Apple’s net sales in greater China, including the mainland, Hong Kong and Taiwan, fell 27% on the year to $13.17 billion for the three months ended Dec. 29 in results announced Tuesday. This marked the first downturn there in six quarters. Combined sales … Read more
It seems to have become an article of faith among Democrats and progressives, even statistically-oriented ones like Nate Silver, that the Comey letter on Clinton’s emails, released on October 29, 2016, swung the election to Trump. Given how close the election was, almost any minor event could have swung the election. But the evidence that the … Read more
President Trump can build a border wall using the United States military to stop mass illegal immigration and drug trafficking without funding approval from Congress and without having to declare a national emergency. During a House Armed Services Committee hearing on Tuesday, Under Secretary of Defense for Policy John Rood confirmed to Rep. Mo Brooks … Read more
One is now confirmed dead according to several French news sources. Corsica shooting: ‘Sniper’ opens fire on crowd – five injured in attack on French island POLICE on the French island of Corsica surrounded a home after a “sniper” opened fire on a crowd inuring at least five people. Heavily armed officers laid siege to … Read more
by northmantrader The bull case is now obvious, easy Fed and a prospective China deal. What about the bear case? After all $SPX remains below the 200MA, and below the monthly 15MAand is reaching overbought readings now. I maintain: As long as markets remain below the 200MA the bear case still has merit and hence I’ll keep sharing observations that may … Read more
by David Haggith Federal Reserve Chair Jerome Powell placed his put in stocks while saying there is none. When he doubled down today on a more dovish approach to the economy, Powell claimed the Fed is not designing interest rates to keep the market climbing. If that is true, recession must be near: Fed delivers … Read more
by TFittonJW Judicial Watch juggernaut never stops: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-for-records-of-former-fbi-counsel-bakers-communications-with-anti-trump-dossier-author/ “The real collusion scandal of the 2016 election is the effort by the Clinton campaign and the Obama DOJ/FBI to spy on and destroy President Donald Trump,” Judicial Watch President Tom Fitton said. “And it looks like the FBI is covering up documents on this Russiagate scandal, which … Read more
For More Information See: http://themostimportantnews.com/archi… https://www.politico.com/magazine/sto… https://www.msn.com/en-us/news/opinio… https://www.usatoday.com/story/news/p… https://www.vox.com/policy-and-politi… https://www.politico.com/story/2019/0… https://www.vanityfair.com/news/2019/… https://abcnews.go.com/Politics/note-… https://www.cnn.com/2018/11/12/politi… https://www.salon.com/2019/01/22/kama… https://www.foxnews.com/opinion/five-… https://www.vox.com/policy-and-politi… https://www.news.com.au/finance/work/…