Breaking news, updates, and reports on current events.
by moneymetals U.S. government agencies could run out of operating funds starting on midnight this Friday, December 7th. At issue: President Donald Trump’s proposed border wall. He wants Congress to commit $5 billion for construction of a wall along portions of the U.S.-Mexico border. The migrant caravan that recently attempted to crash the border near Tijuana … Read more
by Geoffrey Grider After a decade long absence, the U.S. has regained the distinction of most competitive economy in the world, according to the World Economic Forum. In fact, only Japan made a bigger improvement of all 140 countries in the survey. Under President Donald J. Trump, the United States economy has regained the crown as … Read more
BY ROBERT ROSS I don’t blame you. The yields on energy master limited partnerships (MLPs) are very tempting. If you’re not sure what these are, energy MLPs are companies that own the pipelines that transport oil and natural gas around the US. And they often pay huge dividend yields. The top five oil MLPs have an average dividend yield of … Read more
After more than 200 people fall ill, raw beef recall expands to 12 million pounds (WTXL) – As the U.S. Department of Agriculture investigated an October recall on beef, officials realized some patients were falling ill from products not included in the initial recall, so they decided to expand it. More than 12 million pounds of … Read more
by John Rubino A quick recap of the past couple of months: Stocks plunge. The politicians, bureaucrats and bankers who depend on artificially-elevated financial asset prices start to panic. The Fed announces that maybe it won’t have to raise interest rates any more, and the president announces a truce in the trade war with China. The … Read more
The U.S. Army is cracking down on potential recruits who can’t pass the fitness test The U.S. Army wants you–to get fit. The military recently announced a new microsite aimed to help potential recruits master the latest reiteration of the Army Combat Fitness Test (ACFT). There, they can access training information, video tutorials, and proper safety technique tips … Read more
Most adults living unhealthy lifestyles d as those who smoke, drink more than 14 units of alcohol, eat fewer than five portions of fruit and vegetables, are obese or have low rates of physical activity. Half of adults have two or more of these risk factors. Although there are signs some people are giving up … Read more
BY JARED DILLIAN I am the child of two public servants. Growing up, I thought making $80,000 a year was a big deal. Sure, there were doctors and lawyers in town. And I knew they were wealthier—but I couldn’t put an exact number on it. I didn’t know what a “trader” did either. I hadn’t even … Read more
by LV Several Wall Street investment bank traders are munching on their lunch, which was hand-delivered from Delmonico’s Restaurant directly to their desks. The topic of discussion du jour is a recent Bloomberg interview with JP Morgan’s Marko Kolanovic, the so-called “half god, half man” of quantitative and derivatives research. Kolanovic fears that the growth in computer … Read more
2018 is the first year since Dot Com bust where "BTFD" has failed pic.twitter.com/vaGKmrdI9a — Alastair (@StockBoardAsset) December 4, 2018 https://twitter.com/OccupyWisdom/status/1069990045925470208 pic.twitter.com/k5F1aTaqTV — Alastair (@StockBoardAsset) December 4, 2018 Yesterday's U.S. yield-curve inversions do not appear to be a fluke, as they are deepening today. Here's the gap between 5-year & 3-year U.S. yields: pic.twitter.com/dTb3hobYlC — … Read more
by badpauly This is a list of the top 40 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most … Read more
by badpauly These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed … Read more
Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double. Following Maduro’s Thursday announcement, Venezuelan economist Leonardo Buniak explained that the petro “was worth 3,600 Bs.s because the Dicom dollar cost 60 and the oil cost 60,” Atodomomento publication reported. He added, “now a petro is decreed at 9,000 Bs.s … you have just devalued … Read more
Antifa vandalizes Purdue College Republicans adviser’s home with ‘Nazi lives here.’ A College Republicans adviser claimed that Antifa activists vandalized his house with the words “Nazi lives here.” David Bridges, adviser to the Purdue University College Republicans student group, woke up on Nov. 18 to red dye covering his driveway and the words, “Nazi lives … Read more
After a Twitter user hacked over 50,000 printers last week to promote PewDiePie’s YouTube channel as part of a guerilla marketing campaign, a new service has spawned over the weekend advertising the same type of functionality, but for everyone. Going under the generic term of “Printer Advertising,” this new service claims it can hack printers … Read more
Canadian Housing Slow Down Worse Than Late 80’s Early 90’s Time has come for the real estate boards to have no choice but admit that prices are falling fast and far. Evidence is becoming overwhelming. Denial not an option anymore Time
By Daisy Luther In New York (the state, not just the city) there’s a rather Orwellian gun bill on the table that would require would-be firearm purchasers to turn over 3 years of their social media history and one year of their internet search history if they want to buy a gun. “A three-year review … Read more
From Jim Rickards, Editor, The Daily Reckoning: “I will not be the one to break the peace we have made here today.” With those words, the Godfather, Don Corleone, played by Marlon Brando, ended the war among the five mafia families in New York. This peace was hammered out at a dinner among the heads of … Read more
From CNBC: Many people who wind up with a smaller Social Security check because they claim their benefit early could have waited longer to file, thanks to funds in their IRA. That’s the finding from a recently published study in the Journal of Pension Economics & Finance. “It seems like there is a significant portion of the population … Read more
Via The Babylon Bee HOUSTON, TX—Former president Barack Obama bragged in a speech earlier this week that the Affordable Care Act has greatly reduced healthcare costs by lowering American life expectancy each year. Obama pointed out that the horrible government-regulated healthcare system continues to contribute to lower life expectancy across the country, and that Americans … Read more
by egeblood Okay, boys, we are f*cked. First of all, it’s easy to spot the 4 handed Da Vinci’s Drawing. It is 500th death year of Da Vinci. Da Vinci is the father of globalists and “promise of imaginary heaven” We can easily spot some kind of virtual reality glasses in his eyes. However, this … Read more
by DCG And to think that this person votes… From NBC Washington: A groom encountered a surprising snag when trying to get a marriage license in D.C. last week: A clerk told him his New Mexico identification wasn’t acceptable because it was from outside the United States. “She was so sincere. She said, ‘I’m sorry, my supervisor says … Read more
President Trump says something outrageous and the media freak out. Then a month later, they realize Trump had a point and they try to forget it ever happened. That was pretty spot on. AC
HSBC downgrades Apple to hold from buy and cuts its 12-month price target to $200 from $205. Apple shares fall after the downgrade, which cites Apple’s dependence on a single product and slowing emerging markets economies. Apple shares fell Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing … Read more
Security failings, including a series of leaks of sensitive information, are bedeviling French officials, who fear the country is failing to protect its security forces from criminal gangs, terrorist groups and hostile foreign powers. The most recent case was revealed last week when a top aide to Parliament was arrested and charged with spying for … Read more