Breaking news, updates, and reports on current events.
via Forbes: “Here are some highlights from the survey, among others: 1. Student loan debt is delaying major life decisions Nearly 30% of young Millennials will delay moving out of their parents’ home and delay other important life milestones such as: Buying a home: 47% Saving for retirement: 40% Moving out of … Read more
Authored by John Butters of Factset Heading into the end of the second quarter, 113 S&P 500 companies have issued EPS guidance for the quarter. Of these 113 companies, 87 have issued negative EPS guidance and 26 companies have issued positive EPS guidance. The number of companies issuing negative EPS for Q2 is above the five-year … Read more
by David Haggith So, I did say my “worst-case scenario” did not seem like the most likely scenario to play out from the G-20 summit. Now we know my “best-case scenario” and most likely scenario is the one Trump and Xi have chosen, but what does that mean for the month of July? Here was the … Read more
According to data from the United States International Trade Commission, cited by the Financial Times, U.S. imports of mobile phones from Vietnam more than doubled in the first four months of 2019 compared to the same period of last year, while computer imports rose by 79 percent. Footwear, textiles and furniture from Vietnam also saw a … Read more
by NumberStory Data source: https://finance.yahoo.com/chart/000001.SS https://finance.yahoo.com/chart/%5EGSPC Tools: Stata, Adobe Illustrator Summary: Since the trade war started in January 2018, both the US and China’s stock markets have experienced enormous volatility. The uncertainty will make it even harder for the two countries to offset the negative impact of the trade war, as the stake has … Read more
Egregious violation of the 4th: http://archive.is/7WZL0
'Despite new all-time highs in the S&P 500, analyst downgrades are significantly outnumbering upgrades.' https://t.co/rhvFr9JwyQ via @SoberLook pic.twitter.com/1SsVcPrjcM — Jesse Felder (@jessefelder) June 28, 2019
via @TaviCosta: With 130% of mortgage loans to GDP, Aussie banks are doomed.
via @TaviCosta: It often ends badly for US stocks. https://www.youtube.com/watch?v=bJpDOGURrdU Hat tip to @StockCats
ignore trump – the economy is decelerating with the rest of the world pic.twitter.com/dV3OcH5DxB — Alastair (@StockBoardAsset) June 29, 2019 pic.twitter.com/C6tncH4U8i — Alastair (@StockBoardAsset) June 29, 2019 Yikes! Consumer confidence of low-income households in the US has collapsed. #notgood ht @SoberLook pic.twitter.com/98D3vCYR8q — jeroen blokland (@jsblokland) June 28, 2019 “The coincident indicator suggests world trade … Read more
by Fabius Maximus Summary: The US will spend $687 billion on the US military, narrowly defined. Broadly defined, we spend almost a trillion dollars. But it repeatedly fails to defeat our poorly trained and equipped foes. Don Vandergriff (Major, US Army, retired), one of our top experts in military reform, points to one cause: how the … Read more
China tries to bridge gap in knowledge about the US following criticism that misreading of Donald Trump helped trigger trade war: Move follows complaints that US president’s policies took academics and government by surprise. China has increased the number of government-funded studies into the US and trade this year following criticism that gaps in the … Read more
Democrat Far Left Push Makes ‘Never Trumper’ Declare Support For Trump. The Democrats are beyond losing their supporters. In one story published in the Wall Street journal a man who refused to vote for Trump in 2016 has now declared he will be supporting the president in 2020. It’s something we have been hearing a … Read more
VIDEO: Hundreds of Haitians, Africans wade through Rio Grande, stroll into USA — carrying luggage! Groups of hundreds of Africans, Haitians and others from Central and South America continue to trudge across the U.S.- Mexico border in record numbers, despite promises from Mexico to help stop the massive migration. Footage from the Del Rio Sector … Read more
The FDA is investigating a potential link between pet diets and dilated cardiomyopathy, a disease that weakens the heart in dogs and can lead to cardiac failure. The agency named 16 brands most frequently involved in the reports. The agency first started investigating the possible link after receiving reports of the disease in breeds that … Read more
“The American electorate isn’t moving to the left- it’s shrinking. Democrats figured out they’d never win with Americans, so they implemented an evil, genius plan to change this country by restocking it with voters more favorably disposed to left-wing policies that Americans would ever be…. No minds have been changed. Democrats just brought in a … Read more
