Breaking news, updates, and reports on current events.
by Jim Grant Last Monday, the Federal Reserve embarked on a yearlong listening tour to discover the concerns of the American people. The whole shebang of modern monetary methods—manipulated interest rates, levitated asset values, the supposed necessity of a 2% inflation rate—is on the table for constructive criticism. But you know how it is with constructive … Read more
via northmantrader: Is Boeing the most dangerous stock out there? Is it a major threat to the current market rally, specifically the $DJIA? No I’m not talking about Boeing’s fundamentals. The company looks to be doing great. I’m talking about the charts and the technicals. The charts of a major industrial company and $DJIA component increasingly … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter How its own online sales, now one-third of its total sales, eat its brick & mortar. But it’s a matter of survival. The largest brick-and-mortar retailers in the US don’t disclose what portion of their revenues derive from e-commerce and from their brick-and-mortar stores. They don’t because it would show just … Read more
by Shaun Richards We have an opportunity today to look at the Euro area from two different but linked perspectives. The first continues from yesterday’s money supply analysis which tells us that the weaker economic phase looks set to continue overall. The next is that whilst I have pointed out in the past that in … Read more
There’s a big difference in between the STOCK MARKET and the ECONOMY. People need to get that straight. Do you see the divergence? (Particularly in recent decades) Stock markets have risen but the economy continues to weaken. Globally we have seen stocks rise everywhere in a straight line upward since the end of 2018. Throughout … Read more
Market Keeps Rallying on Regurgitated News – The Dow Jones started off the final day of the week with a pretty strong rally; we were up a little better than 200 points earlier in the day. Then we got some weaker than expected economic data which I will get to a bit later, and the … Read more
https://www.youtube.com/watch?v=0_j-ISpKacQ
https://www.youtube.com/watch?v=LckbOEjkum8 March 1, 2019– Mary Greeley News – A Texas woman vacationing in Iceland had quite the misadventure when she sat on a small throne-shaped iceberg for a photo and promptly got swept out to sea! The bizarre incident reportedly occurred earlier this week when Judith Streng and her son Rod were visiting a popular … Read more
by kit8642 Shoshana Zuboff talks about her new book on Survallence Capitol. Pretty interesting stuff, and essentially what Googled said they would do in 2016 with an internal video that was leaked last year. https://www.theverge.com/2018/5/17/17344250/google-x-selfish-ledger-video-data-privacy
From Birch Gold Group Corporations have been using buybacks to “rob Peter to pay Paul” since the Reagan administration created laws that allow it. According to a Goldman Sachs chart, 2018 was a record year for buybacks, which neared $800 billion for S&P 500 companies alone: Even though these companies bought back shares, which should have spurred investment in … Read more
https://www.youtube.com/watch?v=mzFdl2_KLqQ The GOP Just Delivered Devastating News to Cohen Republicans on the House Oversight Committee referred President Donald Trump’s former personal attorney Michael Cohen to the Justice Department on Thursday alleging he perjured himself during his sworn testimony before the panel. Cohen testified before the committee the previous day regarding his 10-year stint as a … Read more
https://www.youtube.com/watch?v=oFg9KqsQoyM https://www.zerohedge.com/news/2019-03-01/aoc-goes-half-cocked-cites-debunked-michael-cohen-testimony-don-jr-gotcha-fail
It looks as though insiders are selling at a rapid pace. There can be no denying what we are seeing. Just as insiders were selling right in the summer of 2008 right before the heavy drop, today we are seeing continued selling by insiders. What do you think is going on? There are an infinite … Read more
by Brian Maher of Daily Reckoning The president has redrawn his March 1 line in the sand. “Substantial progress” in trade talks with China is the reason he cited. But another March 1 deadline menaces the United States… like a creeping shadow, dark, broad and doomy. And Mr. Trump cannot push it back. Details shortly. First … Read more
Wall St. For Main St., Released on 3/1/19 Jason talks about how much CNBC (CNBS) is spinning financial news and information along with economic data to make almost any piece of news or information, even if it’s really bearish, appear bullish! Jason also calls out Jim Cramer for being a highly paid clown to pump … Read more
https://youtu.be/-RYU3vwQRgs Michelle Malkin speaks at CPAC 2019. Transcript of her speech can be read here http://michellemalkin.com/2019/03/01/cpac-at-the-bridge/
by mikeleoncraft Lynne Patton, HUD Region II head, and close personal friend of Michael Cohen spills the beans on why Cohen “turned” on Trump. Detailing how she was listed as a co-guarantor on a $20 Million personal loan that Mueller found out about. Cohen falsely inflated the value of his Taxi medallions to get the … Read more
by Simon Black By the year 1380, the Hundred Years’ War between England and France had already been raging for decades. And the war wasn’t going very well for England. France had managed to recapture most of the territories they had lost early in the war; meanwhile French naval fleets were ravaging the coastline of southern … Read more
By John Mauldin I trust Dave Rosenberg of Gluskin Sheff. He’s been a perpetual speaker at my SIC conference for at least 10 years. Dave is screaming recession every chance he gets, but he is not a perma-bear by any means. He’s been bullish at the right times in the past. Dave turned uber-bullish 9 … Read more