Breaking news, updates, and reports on current events.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ford wisely kept its mouth shut. The problem with Mercedes and BMW is that they don’t yet sell luxury pickups, though they’re finally figuring it out. The first quarter was not pretty for new-vehicle sales in the US. Deliveries fell 3.2% from Q1 last year, to 3.99 million vehicles. Unless a … Read more
by Charles Hugh-Smith What cannot be replaced by corporate chains is neighborhood character and variety. There is much more to this article than first meets the eye: In a Tokyo neighborhood’s last sushi restaurant, a sense of loss “Eiraku is the last surviving sushi bar in this cluttered neighborhood of steep cobblestoned hills and cherry trees … Read more
https://www.youtube.com/watch?v=DfjJOVj3eg4 If these bankers start another war, no one is going to pay them one cent back this time. The central banking system needs to go. JP
via CNBC: Policy experts, economists, business people and teachers are debating the extent to which personal finance education can turn around the fact that so many Americans are one emergency away from financial disaster. At the same time, the ways in which people think about how we can become financially better off are increasing and … Read more
SACRAMENTO (CBS13) – Starting Monday, sales tax in 51 California cities – including four in the Sacramento area – is increasing. Sacramento, West Sacramento, Roseville and Lodi will see new rates. Taxes in Roseville, Lodi and Sacramento are each going up a half-percent, while West Sacramento is going from 8 percent to 8.25 percent.
via MarketWatch: Conference Board says manufacturing, food service, transportation, agriculture and construction could see their bottom lines hurt the most Surging labor costs and slower revenue growth likely will lead to a drop this year in corporate profits in the U.S. and other developed economies, according to a report out Monday from The Conference Board. … Read more
via CNBC: Manhattan real estate had its worst first quarter since the financial crisis, according to a report from Douglas Elliman and Miller Samuel. Total sales fell 3 percent in the first quarter, and marked the sixth straight quarter of declines. That is the longest downturn in the 30 years that the real estate appraisal … Read more
via Zerohedge: With investor attention increasingly focusing on what most believe will be the catalyst for the next financial crisis, namely a tsunami in corporate defaults as a result of the disastrous combination of record leverage, higher rates and an economic slowdown, overnight we presented the view of FTI global co-leader of corporate finance and restructuring, Carlyn … Read more
via @TaviCosta: One can only imagine the level of risk retirement assets are exposed to these days.
via @GS_CapSF: Some green shoots in certain categories including NAND units & Analog units, but non-memory sales getting worse at -4% YoY. ASPs still very weak. $SOXX $SMH
Globally, manufacturing dropping, retail dropping, auto sales dropping, housing dropping, revenues/guidance dropping. It's all going lower and accelerating. Trade deals and Brexit are a sham. There is no economic miracle. Reality about to hit big time. — Puff Dragon (@PuffDragon11) April 2, 2019 Economic Data Weakens, Markets Soar. Are We Repeating 2008? Liquidity injections and … Read more
https://www.youtube.com/watch?v=gj5FSPKo0PU
Residents of NC are shocked by latest black ops training in the middle of the night. Ala Los Angeles. https://www.youtube.com/watch?v=mors9_4DaWY AC
The men of Europe need to get rid of the “leaders” servants of the globalists. The Daughters of Europe speak out against the leaders of their countries who have allowed uncontrolled immigration of violent young men from archaic civilizations who rape and assault them. AC
https://www.youtube.com/watch?v=1akEcxVKVL0
https://www.youtube.com/watch?v=eZI1PGsfS9w Clinton mailed a laptop in the postal mail https://www.youtube.com/watch?v=kxEuF… It was kismet, and in March of 2009, Pagliano delivered two servers to Chappaqua—a Dell PowerEdge 2900 running Windows Server and Microsoft Exchange and a Dell PowerEdge 1950 running Blackberry Enterprise Server (BES). Cooper and Pagliano together acquired additional network and storage hardware. Initially, Pagliano … Read more
Rachel Maddow Announces MASSIVE RussiaGate Conspiracy Protest. Reporting first, Maddow highlights a coalition of Russiagate conspiracy theorists demanding the unredacted release of the Mueller report because they refuse to believe there is no collusion or no obstruction. Maddow falsely reported that Robert Mueller was not assisting Bill Barr with redactions and was corrected in real … Read more
by sundance Nellie Ohr is the wife of DOJ official Bruce Ohr. Nellie Ohr, a specialist in Russian matters, was also a contract employee of the CIA for multiple years. In September 2015 Nellie Ohr approached her former colleague at Fusion GPS (Glenn Simpson) for a job. Nellie Ohr was hired as a contract agent by Fusion to work on … Read more
NY Times on Virginia’s unresolved scandals: ‘It just went poof.’ The NY Times published a piece today about the trio of scandals that overwhelmed Virginia in February. It’s a curious fact that after numerous Democrats called for the resignation of Gov. Northam (over a blackface yearbook photo) and Lt. Gov. Fairfax (over alleged sexual assault), both … Read more
via 4brad: A recent New York Times article on going to restaurants over 50 didn’t need to remind me of something almost all of us oldsters already know — you can’t hear people any more except in rare quiet restaurants. If I sit down with a group, at best I might manage a conversation with the people on … Read more