Breaking news, updates, and reports on current events.
via twitchy: There’s a lede that the media will probably not go with, and that’s “Democrats who bought $75,000 cars with help of big taxpayer subsidies are complaining about a proposed tax increase that would affect them.” Insert Occupy Wall Street-era Libertarian Party ad here: h/t ED
by Chris Kimble Crude oil prices tend to offer a good general barometer for the global economy. More specifically, it is the trend of crude oil that matters. When demand is high and the economy is strong, crude oil prices tend to move higher… and the trend tends to be “up”. And this tends to be a … Read more
Why is it after gazillions of studies scientists can’t agree on even the basics? So much for “settled” science: ‘No evidence’ having high levels of bad cholesterol causes heart disease, claim 17 physicians as they call on doctors to ‘abandon’ statins Researchers have warned statins offer no protection to millions of people The findings add … Read more
In your opinion, will Uber (and/or Lyft) be profitable in the next few years? The stock market is always a wild one. Supported by a figment of one’s imagination. Nothing more. Historically, when a company IPO’s, they aim to be spectacular. To attract attention. To see that the market loves them and get off … Read more
Authored by Craig Murray, Robert Mueller is either a fool, or deeply corrupt. I do not think he is a fool. I did not comment instantly on the Mueller Report as I was so shocked by it, I have been waiting to see if any other facts come to light in justification. Nothing has. I limit myself … Read more
By Gary Shilling PhD, FS Stocks are very expensive in relation to corporate earnings. Even if rapid economic and profits growth resumes after the next recession, a secular decline in price-to-earnings ratios is likely to mute stock performance. Prof. Robert Shiller’s cyclically-adjusted stock price-to-earnings ratio, based on real earnings over the preceding 10 years to … Read more
by FS Should a college graduate be focused on retirement? Most graduates are probably not thinking about long-term financial goals but a financial plan could be the best and most consequential graduation gift for your loved one.
by FS May 10, 2019 – The success of Amazon and e-commerce helped to bring them down. Now, Amazon is taking advantage of the empty malls around the U.S. by turning them into strategically-located distribution centers at the heart of many suburban neighborhoods. “You’ve got a lot of vacant land sitting there that’s not generating … Read more
via thecollegefix: Nearly 40 percent of graduating college seniors feel unprepared for their future careers, according to a recent survey. What’s more, the survey found that students going into college as freshmen felt more prepared for a career than graduating seniors leaving with a degree. The LendEDU-College Pulse survey found that 36 percent of seniors don’t feel prepared … Read more
“known to be suspiciously inaccurate 10 days before procuring the warrants” “GUNS AND CRIME”: The “evidence” used by the FBI to secure FISA warrants on Trump adviser Carter Page was known to be suspiciously inaccurate 10 days before procuring the warrants, but the FBI used them anyway. In fact, the FBI swore before the FISA … Read more
TradersChoice.net, Released on 5/10/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more
via hotair: This constitutional crisis is just for show. Partly the Democrats want the show because it just feels good to bash the administration. “This has had a cathartic effect on the Democrats because we have finally been able to find a way to fight back at the obstructionism,” Representative Jamie Raskin told my Times colleague … Read more
by Martin Armstrong The left-wing is forcing their views upon the rest of society by deliberately violating freedom of speech. A New York-based firm is reportedly being forced by left-leaning liberal activists to set up an internal “human rights committee” that would monitor payments to white supremacist groups and anti-Islam activists. It does not matter what they … Read more
by Jesse “I am worried about my own country. The economic crisis of recent years reflects a deep, threatening, and ongoing deterioration of our national politics and culture of power. The crisis, I will argue, developed gradually over the course of several decades. We are not facing a short-term business cycle downturn, but the working … Read more
by Troy With the stock market falling on trade war fears, the pullback/correction that many traders have waited for has finally arrived. Considering that this pullback is so close to the October 2018 high, many traders are wondering “is this the start of a much bigger decline, like Q4 2018?” The economy’s fundamentals determine the stock … Read more
Cristina Laila from The Gateway Pundit reports, If House Judiciary Chairman Jerry Nadler was trying to rattle Attorney General Bill Barr by voting to hold him in contempt of Congress, he failed miserably. https://www.youtube.com/watch?v=Ds4roEPPi0E Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
Does the DJIA rise more often during times of war or peace? You might be surprised when you review these six charts. https://www.youtube.com/watch?v=cjnOFZfxK7k
Phillip Stucky from The Daily Caller reports, Conservative commentator Mark Steyn hit former Secretary of State Hillary Clinton for her refusal to acknowledge that she lost the 2016 presidential election, during a Monday interview with Tucker Carlson. https://www.youtube.com/watch?v=ZmDLmgMBfqk Read More/Source/Credit/FairUse: https://dailycaller.com/2019/05/06/st…