Breaking news, updates, and reports on current events.
via rollingstone: Another day, another Trump crony hitting the airwaves to confuse the electorate with falsehoods and/or out-and-out lies. On Sunday, it was Rep. Liz Cheney’s (R-WY) turn to twist facts in defense of the president. Cheney, in an interview on ABC’s This Week, took a question from host Martha Raddatz about the president adding to the … Read more
by Michael Snyder The last 12 months have been the wettest in all of U.S. history, and this has created absolutely horrific conditions for U.S. farmers. Thanks to endless rain and historic flooding that has stretched on for months, many farmers have not been able to plant crops at all, and a lot of the crops … Read more
by Michael Snyder Very early on Sunday morning, a massive 8.0 magnitude earthquake struck a sparsely populated area of Peru. As you will see below, it was the largest earthquake to hit Peru in 12 years, and other areas of “the Ring of Fire” experienced unusual shaking afterwards. Here in the United States, there … Read more
EU election results as of right now: Nigel Farage leading in EnglandMarine Le Pen leading in FranceSalvini leading in Italy A global mass awakening is happening and there is nothing that the global elites or their media henchmen can do to stop it. #BREXIT #MAGA — Candace Owens (@RealCandaceO) May 26, 2019
via economicpolicyjournal: Google has agreed to pay $600 million to acquire a historic building in Manhattan’s Meatpacking District — a hundred times what it was sold for in 1996, reports the Financial Times. Doug Harmon, one of the agents who brokered the sale, also sold the building (located 450 West 15th Street — also known as the Milk Building ), … Read more
vua @TaviCosta: China issued 9 other currencies since 1900. All of them became worthless! Today, sitting at the largest credit bubble in history, I ask… Why would this time be different? Source: “Fiat Paper Money; the History and Evolution of Our Currency” by Ralph T. Foster
by TFittonJW Big Update from Judicial Watch: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-for-secret-fbi-chart-of-potential-violations-of-law-by-former-secretary-of-state-hillary-clinton/ https://www.judicialwatch.org/press-room/press-releases/judge-orders-antifa-activist-yvette-felarca-to-pay-judicial-watch-legal-fees-for-her-entirely-frivolous-lawsuit/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-nellie-ohr-deleted-emails-exchanged-with-doj-husband-bruce-ohr/ And huge presidential retweets: BIG: @realDonaldTrump authorizes AG Barr to declassify #Spygate docs from all agencies! Coming up! https://t.co/PzzU0kNQfL — Tom Fitton (@TomFitton) May 24, 2019 MASSIVE Deep State-Fusion GPS Cover-Up….I’m holding a redacted document of Ohr’s notes detailing Clinton agent Glenn Simpson intermediaries targeting … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the inevitable end and fall of the Canadian economy as interest rates look to rise further in a desperate attempt to save that which cannot be saved. We will see negative rates. The Bank of Canada’s Poloz claims it’s just a natural progression. If … Read more
A pretty good article in the WSJ today. A summary Private investments in six of the 10 best-funded U.S. tech startups to go public since 2015 have fallen from the peak levels they hit in funding rounds before the companies’ stock debuts, according to a Wall Street Journal analysis of data from research firm Pitchbook. Uber investors … Read more
G. Edward Griffin interviewed by Josh Sigurdson via World Alternative Media Josh Sigurdson talks with author G. Edward Griffin about multiple issues starting with the coming great financial crisis and the domino effect to come. While we talk a lot about the inevitable collapse of the US dollar among other fiat currencies throughout the world as well as the … Read more
by Joakim Book from Mises Institute Animals are a curious topic in finance, and we find them all over the place. We describe upward, downward or side-ways moving markets as bull, bear or deer markets. We have investment strategies ( “Dogs of the Dow”) and trading behavior ( ‘dead cat bouncing ‘) named after pets. We have “pigs” and “wolves” and … Read more
Just saw this scary bit of news. First American had a site design flaw that exposed sensitive personal info including bank account and SS numbers to anyone with no authorization required. First American handles title insurance which is often required for any home purchase and often includes a lot of confidential info for both buyer … Read more
College graduations are a time for inspirational words and optimism about the future. But the post-college world can also bring sobering realities. Educational services company Cengage surveyed 2,500 recent and upcoming graduates for the Cengage Student Opportunity Index and found that respondents, on average, believe it will take six years to pay off their student loans. In … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Bloodletting after record IPO Hype in 2018 of Chinese companies in the US. There are about 300 Chinese companies that are traded in the US, either on exchanges or over the counter, either as American Depositary Receipts (ADRs) or as shares. And they’re just about all getting crushed, crushed, crushed. Even … Read more
https://www.cnbc.com/2019/05/25/the-stock-market-would-be-much-lower-if-it-werent-for-companies-buying-back-their-own-shares.html Data compiled by Ned Davis Research shows the S&P 500 would be 19% lower between 2011 and the first quarter of 2019 without buybacks. The other options for companies to deal with that cash — holding it, reinvestments and dividends — would have also led to lower returns. “Without focusing too much on numbers, … Read more
https://qz.com/1623418/index-funds-now-account-for-half-the-us-stock-market The shift has been going on since 2006, with money flowing out of active and into passive every year since then. It’s taking place as a growing number of investors realize that highly paid money managers are seldom able to beat broad benchmarks of stock market performance. More than $39 billion of cash went … Read more
https://twitter.com/leadlagreport/status/1132403486568665088