Breaking news, updates, and reports on current events.
Corporate Debt Is Reaching Record Levels “U.S. corporate debt has climbed to roughly 46% of GDP, the highest level on record. Observers worry that highly leveraged companies could pose a threat to the global economy, especially if growth slows and rates continue to rise.” Global Manufacturing #PMI down to 27-month low of 51.5 in December, … Read more
via CNBC: Robert Lighthizer has reportedly told friends and associates he is intent on preventing Trump from accepting “empty promises” like temporary increases in soybean purchases. In order to avoid this, the U.S. may have to slap tariffs on more Chinese goods, Lighthizer has said, according to The New York Times. U.S. Trade Representative Robert … Read more
via mises.org: Only a few months ago most economic commentators were sanguine about prospects for the US economy. Most of them did not expect an imminent downturn. Now all that has changed with most experts expecting the economy to enter a downward phase of the economic cycle by 2019. According to experts, the key factor behind … Read more
A stock market roller coaster on par with that of a decade ago is back, and essentially for the same reasons. No, not just economic fundamentals involving back-breaking debt, corporate profligacies and geopolitical risks, but because said volatility and the asset destruction-slash-consolidation that results are in part due to much longer-term design. This latest design … Read more
Taiwan’s unification with the mainland is “inevitable”, President Xi Jinping said Wednesday, warning against any effort to promote the island’s independence and saying China would not renounce the option of military force to bring it into the fold. https://www.msn.com/en-gb/news/world/chinas-xi-says-taiwan-reunification-inevitable/ar-BBRHnfy?li=BBoPWjQ&ocid=mailsignout “China must and will be united… which is an inevitable requirement for the great rejuvenation of … Read more
via Bloomberg: Prices in Australia’s largest city drop 11.1% from 2017 peak CoreLogic sees tighter credit weighing on prices this year The downturn in Sydney’s property market is set to deepen this year as tighter lending standards and the worst slump in values since the late 1980s cause nervous buyers to sit on the sidelines. Average … Read more
Jack Bogle, founder of index fund giant Vanguard Group, is warning investors to prepare for 2019 by decreasing exposure to stocks and increasing investment in defensive strategies, such as fixed income securities like bonds. “Trees don’t grow to the sky, and I see clouds on the horizon. I don’t know if and when they’ll arrive. … Read more
https://www.bloomberg.com/news/articles/2019-01-01/einhorn-s-greenlight-extends-drop-to-34-in-worst-year-on-record David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital. The firm’s main hedge fund fell 9 percent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg. Greenlight posted some of the industry’s best returns in its early years, but … Read more
Leveraged loan market concerns https://t.co/rwiCZaTNDB — Alastair (@StockBoardAsset) January 2, 2019 U.S. junk-bond issuance fell to zero in December for the first time in a decade. @TheTerminal pic.twitter.com/8W0IefGGtU — Lisa Abramowicz (@lisaabramowicz1) January 2, 2019 We have just witnessed one of the biggest drops in the global earnings revision ratio since 1988. pic.twitter.com/E9ta8XmvcU — jeroen … Read more
This is a replay of SchiffGold’s CEO Peter Schiff’s RT interview aired on December 28, 2018. ——————————————————- 2008 Great Recession Will Pale Compared to 2019 Bear Market | Peter Schiff RT Interview __________________________________ After the worst Christmas Eve in the history of the stock market, the Santa Clause rally came late. Markets bounced back in … Read more
https://www.youtube.com/watch?v=wJO-1aotMHw I hope not the yellow vests need to rise and get rid of macron and globalism for good MP
Via The Daily Caller The caucus of black New York state lawmakers runs a charity whose stated mission is to empower “African American and Latino youth through education and leadership initiatives” by “providing opportunity to higher education” — but it hasn’t given a single scholarship to needy youth in two years, according to a New York Post … Read more
via Caitlin Johnstone US Strategic Command (or “Stratcom” if you’re trying to make a nuclear-capable arm of the US Defense Department sound cool) has issued an apology for a poorly received New Year’s Eve tweet which has since been deleted. “#TimesSquare tradition rings in the #NewYear by dropping the big ball…if ever needed, we are #ready to drop … Read more
by Thinker What happens when your superior at work wants you to suppress the “TRUTH,” how many comply and keep cashing their checks and how many have honorably walked away??? Now new information is showing those who have no problem with lies to conceal the “TRUTH” and for sure they never heard the words of … Read more
https://www.youtube.com/watch?v=82SCKKQsBYI They will take your guns away period. You can’t have a armed population in a communist government. AC
via yahoo: Google has had a lawsuit in Illinois over its facial-recognition software thrown out, with a judge dismissing the case on the grounds that the plaintiff in the case did not suffer “concrete injuries,” Bloomberg reported on Saturday. The ruling puts to rest one of three lawsuits against major tech companies for alleged violations of the state’s … Read more
Scientists at Newcastle University have 3D printed the world’s first human corneas. By creating a special bio-ink using stem cells mixed together with alginate and collagen, they were able to print the cornea using a simple low-cost 3D bio-printer. It’s hoped, after further testing, that this new technique could be used to help combat the … Read more
https://www.youtube.com/watch?v=qdF1UWIJJVI I love how the say that they came legally and didn’t rush the border like we can’t trust our own eyes all the videos showing what happened that’s the cult don’t believe your eyes believe what i tell you DN
by Martin Armstrong The Socialists are out to blame Trump’s Tax cuts to argue why taxes should be higher. At the beginning of 2o18, Trump imposed a spectacular tax cut making the USA much more competitive than its European counterparts. Trump argued that the tax reduction would contribute to the recovery of the economy and finance … Read more
by Martin Armstrong The story being used against Trump and his travel-ban against the four Muslim countries concerns the sad story of the terminally ill 2-year-old boy, whose Yemeni mother had to sue the State Department to get a visa to join him in a California hospital. His father was American, but the boy’s mother was Shaima Swileh, who … Read more
by Keith Weiner of Monetary-Metals Last week, we wrote about the concept of discounting. This is how to assess the value of any asset that generates cash flow. You calculate a present value by discounting earnings for each future year. And the discount rate is the market interest rate. We said: “If the Fed can manipulate the rate of … Read more
by Shaun Richards Let me welcome you all to 2019 as we advance on another new year. I hope that it will be a good one for all of you. As I look at financial markets there has been a development which in isolation is good news. This is that the US ten-year Treasury Bond … Read more
via nypost: Nearly two years after his inauguration, I have concluded that President Trump has made me a better person. For starters, I’m more compassionate. After the election, I was as dazed and confused as anyone in the political-media bubble. To understand what happened, I devoured reporting about Trump voters and sought to understand them. I … Read more