Breaking news, updates, and reports on current events.
by Troy As the S&P 500 stalls at its 200 day moving average, recession probabilities are rising according to the New York Fed. Let’s look at what this means for the stock market. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying … Read more
(CBS NEWS) — MGM Resorts International is suing more than 1,000 victims and other survivors of last year’s mass shooting in Las Vegas, claiming it has no liability for the deadliest mass shooting in modern U.S. history. The lawsuits outraged the victims and their lawyers. “It’s a sign of desperation from MGM,” Muhammad Aziz, a … Read more
From Birch Gold Group This week, Your News to Know brings you the most recent updates on gold and silver. Stories include: Central banks are buying gold in record numbers, silver to reclaim its “precious” status, and how China’s Lunar New Year will boost gold demand. Central banks haven’t bought this much gold since 1971 With gold riding … Read more
By John Mauldin The Soviet Union’s collapse ended the socialism vs. capitalism argument. Semi-free markets spread through Eastern Europe. Collectivist economies everywhere began turning free. Capitalism seemingly won. Even communist China adopted a form of free market capitalism. Although, as they say, it has “Chinese characteristics.” With all its faults and problems, capitalism generated the greatest accumulation … Read more
By Robert Ross The Wall Street Journal called it “the largest corporate cash disbursement in history.” It was 2004, and Microsoft was one of the biggest companies on the planet. Besides, they had a great year. So great that the company decided it would return $75 billion to shareholders. Microsoft boosted its dividend by $3 billion to … Read more
by Michael Snyder When she made a surprise appearance at the Grammy Awards on Sunday night, the entire auditorium went into a “spontaneous shrieking hysterical meltdown” when she began to speak. She is the most admired woman in America by a very wide margin, and she is married to the most admired man in America. She released … Read more
by Michael Snyder Scientists are telling us that we have entered “the sixth major extinction” in the history of our planet. A brand new survey of 73 scientific reports that was just released has come to the conclusion that the total number of insects on the globe is falling by 2.5 percent per year. If … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Liquidity issues at bond mutual funds could result in wider contagion and affect other parts of the financial system and the macro economy.” Bond investors go for different risks and returns. There is buy-low-sell-high, unless things don’t work out and it’s buy-high-sell-low. Buy-and-holders buy bonds when issued and hold till maturity, … Read more
via visualcapitalist: View a high resolution version of this graphic. View the high resolution version of today’s graphic by clicking here. The average U.S. state is made up of 62 counties. With so many counties spread throughout each state in the nation, it’s not surprising that we can find counties that exemplify almost any part of the American … Read more
The U.S. military is sending 250 active-duty troops to Eagle Pass, Texas. That’s across the border from where some 1,800 migrants, apparently wanting to come to the U.S, are being housed by the Mexican government. Thousands of federal, state and local authorities even military personnel have flooded this usually quiet community on the banks of the … Read more
by TFittonJW RIGHT NOW, JW in discovery in challenge to San Fran sanctuary policy. Great discussion with my JW colleague Bruce Schleshman! CA voter roll clean up success: https://www.judicialwatch.org/press-room/press-releases/california-and-los-angeles-county-to-remove-1-5-million-inactive-voters-from-voter-rolls-settle-judicial-watch-federal-lawsuit/ Clinton email discovery: https://www.judicialwatch.org/press-room/press-releases/federal-court-orders-discovery-on-clinton-email-benghazi-scandal-top-obama-clinton-officials-susan-rice-and-ben-rhodes-to-respond-to-judicial-watch-questions-under-oath/
BREAKING: Lindsey Graham, chairman of the committee responsible for oversight of the DOJ/FBI just announced he will be issuing subpoenas for anyone who signed or was involved in the FISA warrant on Carter Page. At a minimum that includes James Comey, Rod Rosenstein, Sally Yates BREAKING: Lindsey Graham, chairman of the committee responsible for oversight … Read more
James Corbett from 2016. The cost of the U.S. “war of terror” overseas could be measured in the absurdly astronomical amounts of money spent on it since its inception over fifteen years ago. But it doesn’t tell the whole story. The real cost is measured in blood, in the countless lives of civilians, and in … Read more
via arstechnica: Google Play has been caught hosting yet another malicious app, this time one that was designed to steal cryptocurrency from unwitting end users, researchers said Friday. The malware, which masqueraded as a legitimate cryptocurrency app, worked by replacing wallet addresses copied into the Android clipboard with one belonging to attackers, a researcher with Eset … Read more
by Amy S. Will The China’s Economic Collapse Happen In 2019? I have been warning for years that the greatest and final economic collapse in this century, would be China. Now that cracks in the great red dragon’s economy are widening, it’s time to prepare for the China’s Yuan crash and The Great Depression In China. … Read more
by Ron Paul Last week’s bipartisan Senate vote to rebuke President Trump for his decision to remove troops from Syria and Afghanistan unfortunately tells us a lot about what is wrong with Washington, DC. While the two parties loudly bicker about minor issues, when it comes to matters like endless wars overseas they enthusiastically join together. … Read more
Q1 2019 earnings expectations are now negative. Q2 expectations are below the inflation rate, meaning the first half of the year is now expected to have no real growth. Full-year forecasts are now at 5.4% and have several months to continue lower. https://t.co/KBCIYx6Srf pic.twitter.com/d4sK6boY3t — Jesse Felder (@jessefelder) February 11, 2019 https://twitter.com/hks55/status/1094997021029818374 External pressure is … Read more
via irishtimes: Deutsche Bank has had to pay the highest financing rates on the euro debt market for a leading international bank this year, in a further sign of the German lender’s uphill struggle to reduce its funding costs. The bank raised eyebrows last week when it sold a total of €3.6bn in euro-denominated debt, … Read more