Breaking news, updates, and reports on current events.
Trump is pushing to lower drug prices and to remove Obamacare once and for all. Eric Swalwell drops out of the Presidential race.Wikipedia changes its pages after [JE] is arrested. KellyAnne Conway says the last time Trump spoke to [JE] was over 15 years ago. Pelosi goes after Acosta over [JE] deal. Pelosi does not … Read more
Q drop more bread, reviews many posts and lets the people know that the Patriots are in control. What we are witnessing has been planned out from the beginning and now the entire plan is coming together.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Amid rampant market expectations of another and even bigger and grander round of QE by the ECB, which would also be buying corporate bonds and old bicycles, the total amount of bonds with negative yields has risen to nearly $13 trillion, according to Bank of America Merrill Lynch. The perversion of … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Now there is this phenomenon: Orders for Class 8 trucks – the heavy trucks that move a big part of the goods across the US – have collapsed by about 70% in May and June compared to a year earlier, to just over 10,000 truck-orders per month, the lowest in years. But sales of Class 8 trucks … Read more
by Michael Snyder It won’t just be Jeffrey Epstein that will be on trial in the months ahead. As this scandal unfolds, the entire U.S. legal system will be on trial, and if justice does not prevail many Americans will lose faith in the system for good. And of course the rest of the world … Read more
via Zerohedge: China’s economic slowdown and heavy debt load is affecting everybody in the country – even it’s “jewelry queen”, Zhou Xiaoguang, according to the Wall Street Journal. Zhou, who went from selling trinkets on city streets to taking a seat in China’s parliament and becoming Ernst & Young‘s “Entrepreneur of the Year” was faced with the reality of being … Read more
via mishtalk: The New York Fed has the odds of a recession within the next year at 33%. Some of the other models are humorous. New York Fed Treasury Spread Model The New York Fed Recession Model is based on yield curve inversions between the 10-year Treasury Note and the 3-Month Treasury Bill. I added the highlights in … Read more
via CNBC: “What new, incremental information are we going to get to push the market higher? The answer is, not a lot,” says David Kostin, strategist at Goldman. Kostin is sticking with his price target of 3,000 for the S&P 500 by year-end. The index remains less than 1% below last week’s all-time record highs. … Read more
by confoundedinterest Yes, and the woman going for a night swim in the film “Jaws” felt perfectly safe too. Until the music started. SIFMA has an excellent chart documenting the explosion of debt issuance since 1998 that amped-up with The Fed’s intervention in 2008. Despite the massive growth of long-term debt (with correspond high duration risk), the … Read more
via wallstreetonparade: As of early this morning, Deutsche Bank’s restructuring plan is looking a lot like the lifeboat plan for the Titanic. Research analysts have expressed skepticism that the plan will work and the bank’s stock performance is backing up that assessment. In overnight trading in Frankfurt, the stock had cumulatively lost 10 percent of its … Read more
via wallstreetexaminer: It’s starting. Headlines are swirling that the US Treasury could run out of cash sooner than originally forecast. The Wall Street Journal featured a report today. Liquidity moves markets! Follow the money. Find the profits! Debt Limit Deadline Accelerates, Research Group Finds, Raising Pressure on Congress Its sister publication, Marketwatch said yesterday, “The U.S. … Read more
via @csm_research: He continues to expect earnings growth to be under pressure in H2 and ultimately decline to near zero in Q1 2020. #stocks #earnings
via cnet: Permissions on Android apps are intended to be gatekeepers for how much data your device gives up. If you don’t want a flashlight app to be able to read through your call logs, you should be able to deny that access. But even when you say no, many apps find a way around: Researchers … Read more
Ann Coulter drops some serious truth bombs in this interview. She says that Epstein got his money from running a state-sponsored blackmailing operation. Which country do you think she’s suggesting was behind it all? h/t WeAreTheResistance
https://www.youtube.com/watch?v=4bbyQU0IXD0 Federal prosecutors are asking anyone who’s flown on billionaire pedophile Jeffrey Epstein’s private jet, “the Lolita Express.” These include US Presidents Bill Clinton and Donald Trump and a slew celebrities and renowned media figures. Then Ring of Fire Radio and Trial Lawyer Magazine editor Farron Cousins shares his expertise.
https://www.youtube.com/watch?v=z3xU0_kL164 100% Fed Up reports, It’s no secret that the mainstream media is using propaganda on steroids to push for sympathy for illegals. Because the media is an arm of the DNC, the bashing of our border patrol has been 24/7. Read More/Source/Credit/FairUse: https://100percentfedup.com/video-tru…
Only in America can the fines be this outlandish and life ruining for something so meaningless. Home ownership only seems to mean liable for taxes, fines, and consevation of land according to arbitrary laws and not 100% ownership. h/t WarSanchez
Laura Loomer may be on the verge of becoming one of the world’s youngest billionaires. She joins me along with her attorney Larry Klayman to discuss the details of her newly filed case alleging defamation by Facebook.
Via Marketwatch This will eat into your bank account. Many Americans have fallen in love with eating out: Restaurant industry sales in the U.S. are expected to hit a record high this year at $863 billion, according to 2019 data from the National Restaurant Association. The average American household now spends nearly $3,400 a year eating … Read more
