Breaking news, updates, and reports on current events.
Aug.07 — Joachim Fels, managing director and global economic adviser at Pacific Investment Management Co., discusses the outlook for U.S. Treasury yields with Bloomberg’s Joe Weisenthal, Romaine Bostick and Caroline Hyde on “Bloomberg Markets: What’d You Miss?”
via Zerohedge: After two months of torrid gains for revolving, or credit card debt, moments ago the Fed reported in its monthly consumer credit report that in June US consumer hit the breaks hard on new credit-fueled spending. In June, revolving credit declined by $80.5 million, the first such drop since March, and only the … Read more
via pensionpulse: Heather Gillers of the Wall Street Journal reports that US pension plans fell short of their projected returns this year, adding to the burden on governments struggling to fund promised benefits to retired workers: Public plans with more than $1 billion in assets earned a median return of 6.79% for the year ended June 30, the … Read more
via upfina: The June JOLTS report told us the same thing that the July monthly BLS report did. The labor market is seeing slowing growth. In May, there were 7.384 million job openings which was a positive revision from 7.323 million. In June, there were 7.348 million which beat estimates for 7.293 million and the high … Read more
Data for graph below from St Louis Fed. Data from here: https://fred.stlouisfed.org/series/T10Y3M Kinda scary, but short sellers made 25B on Monday h/t Methisthopheles
Many investors believe that a company’s stock price follows its “fundamentals.” However, that’s not always the case. The story of this international conglomerate tells the tale. Take a look at this chart … https://www.youtube.com/watch?v=S7V_S2pyCCE
Charlie Spiering from Breitbart reports, President Donald Trump promised supporters Tuesday he was keeping an eye on Google, despite CEO Sundar Pichai’s reassurances they were not trying to stop him winning re-election in 2020. https://www.youtube.com/watch?v=ts0jr_zpfnc Read More/Source/Credit/FairUse: https://www.breitbart.com/politics/20…
An international team of researchers has created embryos containing both human and monkey cells, the Spanish newspaper El País reported July 31. The controversial project was conducted in China, rather than in the US where the project leader is based, “to avoid legal issues,” according to the newspaper, and ultimately aims to grow viable organs for transplantation … Read more
If the CEO of HSBC has been lending $400b USD to china to help them prop up their Monopoly money, that accounts for half of the reserves we have calculated that have already run. The chinese bank forward position on CNH is another $450 billion. Their currency is a HOUSE OF CARDS. https://t.co/sMjOJvdYY9 — 🇺🇸 … Read more
The Jackson Hole monetary conference had no sooner ended than one more European country was added to the scroll of countries with negative 2 year sovereign yields… I believe it has just been updated to 20 https://www.bbc.com/news/business-32284393 h/t Jake
About 300 of the 680 people detained in Wednesday’s federal Immigration and Customs Enforcement raid were released the same day, officials said. Approximately 30 people detained Wednesday were released at the same site they were detained on “humanitarian grounds,” according to a press release issued Thursday by Mike Hurst, the U.S. attorney for the Southern District of Mississippi, … Read more
In a graphic materialization of the prophecy in Zechariah as explained in the Talmud, foxes are now being seen playing at the Temple Mount. It was reported in The Yeshiva World that visitors to the area have observed the group of about a dozen foxes in the southwestern area of the Western Wall for the last three … Read more
https://www.youtube.com/watch?v=RGvgJZS8ous Benjamin Goldman from Political Entertainment Network report, If you thought Ilhan Omar was bad already because of her hate for Israel and her love for Communism, just wait until you see what she did this week. Last week Congresswoman Omar, who is married to at least 1 man, was seen on a date with … Read more
https://www.youtube.com/watch?v=TGHSpmMb2gQ BOOM! Trump’s UNEXPECTED Press Conference HUMILIATES Joe Biden With This CRUSHING Declaration
https://www.youtube.com/watch?v=BWAi34CV9cA Josh Feldman from MediaITE reports, New York Mayor and 2020 presidential candidate Bill de Blasio is facing off with Sean Hannity this week and he talked about the decision earlier as a way of reaching voters. Read More/Source/Credit/FairUse: https://www.mediaite.com/election-202…
“We keep on … Pushing along… It’s a Herculean Effort! I tell you that.” Judicial Watch is one of the only entities out there fighting as hard as they can for US! h/t The Natural One
https://twitter.com/AmyMek/status/1158617034600660992?ref_sr Now here is the aired CNN report which of course left out that part: h/t Blue Fairy
A rocket engine explosion on a naval test range in northern Russia has killed two people and injured six, the defence ministry told Russian media. The victims of the explosion in Arkhangelsk region were civilian specialists while military and civilian personnel are among the injured. The ministry said radiation levels were normal but the city … Read more
Abstract PURPOSE: There is a great concern regarding the possible adverse effects of electromagnetic radiation (EMR). This study investigated the effects of EMR induced by Wi-Fi (2.45 GHz) on insulin secretion and antioxidant redox systems in the rat pancreas. MATERIALS AND METHODS: Adult male Sprague-Dawley rats in the weight range of 230-260 g were divided into … Read more
Chinese imports of American goods plunged in July as a tariff war with Washington intensified. Imports of U.S. goods fell 19% from a year earlier to $10.9 billion, customs data showed Thursday, though that was an improvement over June’s 31.4% fall. Exports to the United States declined 6.5% to $38.8 billion. Beijing has retaliated for … Read more