Breaking news, updates, and reports on current events.
via commentarymagazine: This week, the AFL-CIO promoted a video produced by “Means TV,” which bills itself as “the first anti-capitalist worker-owned streaming platform,” featuring a self-described Marxist arguing that the American middle class had developed a false consciousness. “Class is actually determined by a person’s relationship to or ownership of the means of production,” the agitator said. The … Read more
IT’S COME TO THIS: Former associate White House counsel Ian Bassin suggests that people harass a law firm’s clients because a partner at the law firm is zealously protecting client confidentiality. It’s amazing the extent to which Democrats are willing to tear down the system to get at Trump and his associates. Just for fun, … Read more
Watch the latest video at foxnews.com May. 21, 2019 – 4:32 – What dangers are the children of these families facing? National Border Patrol Council president Brandon Judd weighs in.
Watch the latest video at foxnews.com Former Attorney General Loretta Lynch has flatly accused former FBI Director James Comey of mischaracterizing her statements by repeatedly alleging, under oath, that Lynch privately instructed him to call the Hillary Clinton email probe a “matter” instead of an “investigation.” Lynch, who testified that Comey’s claim left her “quite surprised,” made the dramatic remarks at a joint … Read more
Google and Big Tech Are Already Implementing Their Chinese-Tested Blacklists on US Conservatives Jim Hoft by Jim Hoft May 21, 2019 In November 2018 The Guardian reported on group of Google employees published an open letter on Tuesday calling on their employer to cancel its plans to build a censored search engine for China, the … Read more
by John Mauldin Two young fish are swimming along, and they happen to meet an older fish swimming the other way. The older fish nods at them and says, “Morning, boys, how’s the water?” The two young fish swim on for a bit, and then eventually one of them looks over at the other and … Read more
by Jared Dillian I am on Facebook, and there is a lot of crap on Facebook. Even the non-political crap is stuff I just do not believe in. For example, people say that you should spend your money on experiences, not things. There is some spiritual component to this that I don’t get. I like spending … Read more
by John Mauldin A decade ago I pointed out that public pension funds were $2 trillion underfunded and getting worse. More than one person told me that couldn’t be right. They were correct: It was actually much worse. It has gotten to $2 trillion and much worse in just a few years. Note that we are … Read more
After reporting a LA’s most notorious trash pile to the city’s 311 services hotline, the I-Team was told it could take up to 90 days before it’s cleaned up. An expert says there’s no time to waste Rat-infested piles of rotting garbage left uncollected by the city of Los Angeles, even after promises to clean … Read more
by TFittonJW President Trump retweeted my material on Judicial Watch’s anti-Corruption finds. As usual, leftists went crazy and had to resort to attacking my appearance: Never in American history has there been such a spy effort against a candidate (@RealDonaldTrump) and abuse of power targeting its political opposition. Never before, not Nixon…never before. And Barack … Read more
Asia Liquidityboosted bycross-borderinflows, butheld back bytight BoJ andPBoCask : act@liquidity.com for your weekly/ monthly reports and data? #Asia #China #PBOC #BOJ #Japan #Liquidity pic.twitter.com/W30CsUbHYs — CrossBorder Capital/ GLIndexes (@crossbordercap) May 17, 2019
#Copper: Trade war having a massive impact on #Chinese new export orders have collapsed to a 10 year low since we first wrote about it last month. The implied copper price from the chart below stands at around $4000 per tonne, according Refinitiv. pic.twitter.com/UQ4P5RFRNf — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 21, 2019
by Slothman2 Full disclosure: I own a short position. It makes no difference to me if Uber succeeds or fails, I’m not a stakeholder of the company. I’ve never shorted a stock due to high risks but Uber almost seems too perfect not to do so. Below are my reasons for shorting Uber, … Read more
Global dividend payouts rose 7.8% to a first-quarter record of $263.3 billion. Janus Henderson expects $1.43 trillion in dividend payments this year. https://www.cnbc.com/2019/05/20/us-breaks-all-time-record-for-dividends-as-investor-payouts-surge.html
Americans now pay their banks an average 17% interest on credit cards — the highest level recorded by the Fed. The rising monthly cost for U.S. consumers may be one reason they’re spending less, as April’s weak retail sales laid out. The combination doesn’t bode well for GDP growth. “This is key because of the … Read more
https://techcrunch.com/2019/05/16/fiverr-files-to-go-public/ https://www.sec.gov/Archives/edgar/data/1762301/000104746919003139/a2238508zf-1.htm Other reporting notes: Repeat customers make up 57% of rev in 2018 , up 2% from 2017 2.1M active buyers in 2018 vs 1.9M in 2017; active buyers defined as anyone who makes 1 purchase in 12 months, irrespective of cancellations Take rate, or revenue as a percentage of Gross Merchandise Volume (total … Read more
via axios: Investing in unbundled risk can be extremely dangerous. Alan Greenspan was never more wrong than when he defended the deregulation of derivatives in 1999: “These new financial instruments are an increasingly important vehicle for unbundling risks. These instruments enhance the ability to differentiate risk and allocate it to those investors most able and willing to take … Read more
by east_off Credit Card debt is a SLIPPERY as hell slope. Manage it from the beginning. Here’s what I wish someone told me but nobody did… 1) DELETE the mindset of “I’ll pay it off later… bc you won’t.” 2) unlike a car or home, CC debt compounds in the opposite direction and will not … Read more