On Wire
Breaking news, updates, and reports on current events.
YOU WON’T BELIEVE…. The Real Reason The NYPD Cops AKA The Water Boys Never Called For Back Up
https://www.youtube.com/watch?v=F6mzL9TNCLY
Global Endgame Looms As Soaring Debt Smashes Into Shrinking Populations
Authored by Chris Hamilton via Econimica blog, Global debt is currently at $246.5 trillion and primarily in the Wealthier, Consumer Nations of the world. The population of young in Consumer Nations has fallen 12% or over 100 million Since Peaking in 1975. Debt on a per capita basis gauged against the consumer nations young is … Read more
The Companies with the Most Debt in America
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The concentration of corporate debt: The top 46. The US Justice Department today approved the merger of T-Mobile, the third largest wireless carrier and Sprint Corp., the fourth largest wireless carrier. For the merger to go forward, they will have to sell Sprint’s prepaid brands to Dish. As for the rest, … Read more
Congressional activity: week of 7/29 to 8/2
by NonExpert_NotAdvice Good Sunday, and welcome to this (late) installment of Congressional activity and financial markets. The general idea is that the statements and actions of federal legislators can have an effect on broader markets. I try to provide interesting happenings as well as participants. I don’t suggest any specific positions: I’d like those to … Read more
Get Ready for the World Economy’s Biggest Week of 2019 [Bloomberg]
Some Fed watchers predict officials will cut their benchmark by half a percentage point, but the signal is that they will eschew a bigger move in favor of a quarter point reduction. They will likely also leave open the possibility of further action down the road as they seek to sustain the record-long U.S. expansion and … Read more
Judge Jeanine: If you questioned the deep state’s existence, you just saw it
Jeanine Pirro breaks down former Special Counsel Robert Mueller’s Capitol Hill testimony.
Deep State Wants Epstein Gone – Kevin Shipp
Former CIA Officer and whistleblower Kevin Shipp says a very big risk is the global economic system suffering a financial calamity. This includes the U.S. Shipp contends, “Russia and China are stocking up on gold . . . as they agree to stop using the U.S. dollar and go to the yuan and ruble, which … Read more
New Zealand bureaucrats to determine who is “fit & proper” to have a firearm
by DCG From Yahoo: New Zealand’s government is planning further restrictions to gun ownership in a law proposed Monday that emphasizes owning guns is a privilege and not a right. The new law would ban the sale of guns to overseas visitors, create a register to track all guns in the country, and require gun owners to … Read more
The last time chip stocks did this, they dropped nearly 20%
The semi surge could soon hit a wall. Chip stocks reached a new all-time intraday high this week, driving the broader technology sector to fresh highs as well. But with the group now sitting at those inflated levels, market watchers are starting to worry that the rally could run out. “I’m quite conflicted on this one because … Read more
Decrease in the truthfulness of fact checks on Politifact over time
by localfieldOC Data source: scraped from politifact.com Python code to scrape data and make figures using Seaborn here: https://github.com/srcole/politifact-analysis
U.S. Corporate Debt Continues To Rise As Do Problem Leveraged Loans
A few weeks ago, I wrote about how highly leveraged zombie companies threaten the global economy. After spending the last few days analyzing data and reports from the Federal Reserve, the Institute of International Finance, Fitch Ratings, Debtwire, and S&P Global Market Intelligence, unfortunately, I am even more worried. U.S. nonfinancial corporate debt of large companies now stands at about $10 trillion … Read more
David Einhorn Says He’s Short U.S. High Yield, Investment Grade Debt
(Bloomberg) — Hedge fund manager David Einhorn says that he’s shorting U.S. corporate debt as protections for creditors deteriorate. His firm Greenlight Capital is wagering against both junk and investment grade debt, according to an investor letter seen by Bloomberg. The macro position will provide a hedge for the firm’s bullish equity positions in addition … Read more
Resilience: What It Is, Why It Is Important, and How To Stay Mentally Strong
by READY NUTRITIO How do you deal with challenging experiences? Do you allow failures to interfere with the pursuit of your goals? Or, do you see adversity as an opportunity for growth and positive change? Do you bounce back? Or do you fall apart? In other words, are you resilient? In this article, we’ll explore resilience: … Read more
Scott Horton: The Whole Truth About Syria
Tom Woods TV, Released on 7/25/19 Maybe you favor nonintervention, but are you sure you know all the ins and outs of the situation in Syria in recent years? The great Scott Horton cuts through the propaganda to get to the real story.
General advice for those starting to trade in the stock markets (and a refresher for the veterans!)
by EsteevTrabajos1 Hey y’all! Here’s some food for thought for those who invest in the stock market. Apologies in advance if some of the advice is a bit scattered. I have a few important deadlines to meet for next week but wanted to drop some advice here for new investors (and for more experienced … Read more
Stock picks and discussion for bulls and bears (7/29 – 8/2 trading week and beyond!)
by EsteevTrabajos1 Hey y’all! I will be creating weekly posts (depending on the feedback) with a few stocks to keep on your watchlists for bulls and bears, and for short- and long- term investors. These posts are meant to start a discussion about individual stocks, their technicals and fundamentals. My ultimate goal with these posts is simply … Read more
Rich Powers (Head of Vanguard ETF): “Every investor is doing some sort of Active Management unless they are buying Total Word (VT/VTWAX)”
Head of ETF’s at Vanguard confirms, unless you’re buying the entire world you’re doing some sort of active management. It just runs the spectrum.
The Global Economic Momentum Is Slowing – FT
Each passing week is bringing more evidence that the pessimists are right about the underlying momentum of the global economy. The threat of a prolonged dislocation of international commerce from a trade war, on top of a recovery that was already starting to look tired, has put policymakers back on alert. This week it was … Read more
Rickards: Preparing to Protect Your Wealth In An Economic Downturn
Stocks are near all-time highs, but investors should be prepared to protect their wealth in times of economic downturns, knowing a bull market can’t last forever. We spoke to Jim Rickards, Author of ‘Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos’. https://cheddar.com/media/preparing-to-protect-your-wealth-in-an-economic-downturn