Breaking news, updates, and reports on current events.
WELL, OF COURSE: Media turns blind eye to Dems’ jaunt to PR during shutdown. Remember Jim Treacher’s profound wisdom: CNN’s CHRIS CILLIZZA: Republicans are losing the shutdown blame game — and they can’t do anything about it. Imagine going to bed every night, having the same nightmare, waking up, hoping you will sleep peacefully the next … Read more
What does China own in the US? from CNBC. via CNBC: Chinese foreign direct investment into North America and Europe fell by 73 percent to a six-year low in 2018, Baker and McKenzie said. That’s as the United States tightened the security of deals and Chinese restrictions on outbound investment bit, the law firm said. … Read more
by DCG As reported by Oregon Live: A proposal by two Oregon lawmakers to require permits for all gun owners is generating buzz online and among Republicans at the Capitol, even before it’s scheduled to be introduced at the Legislature on Monday. It’s the brainchild of student activists connected to the movement that grew out of Marjory Stoneman Douglas … Read more
by Ron Paul One of the new Democratic House majority’s top priorities is so-called campaign finance reform legislation. Contrary to the claims of its supporters, campaign finance reform legislation does not limit the influence of powerful special interests. Instead, it violates the First Amendment and burdens those seeking real change in government. The First Amendment of … Read more
Financial nuclear warheads. via Robert Gore at Straight Line Logic The mainstream media has degenerated irreparably. Here’s a reliable rule of thumb: if it’s important it’s not covered; if it’s covered it’s not important. Stories in the American mainstream press about Yellow Vest protests have been few. One aspect of the protests, transcendently important, has received scant … Read more
Over 80% of all non-financial stocks in Canada lost money on a free cash flow basis in the last 12 months! Australia, US and Asian countries aren’t too far behind. This is not a picture of a healthy global economy. pic.twitter.com/bI059YdOo3 — Otavio (Tavi) Costa (@TaviCosta) January 14, 2019 https://twitter.com/DonDraperClone/status/1084919674805121025 Macro economic surprise indicators pic.twitter.com/BaECwkNg7U … Read more
https://twitter.com/hks55/status/1085002381102850048 https://twitter.com/hks55/status/1085010118683648000 https://twitter.com/hks55/status/1084922270970195969 https://twitter.com/hks55/status/1084964469497884672 https://twitter.com/hks55/status/1084934449484234753
Last week Alexandria Ocasio-Cotrez appeared on 60 minutes and continued to push the false narrative outright declaring the President a ‘racist’. https://www.youtube.com/watch?v=vxZtwmcnpI4 Read More/Source/Credit/FairUse: https://dailycaller.com/2019/01/14/oc…
Who wins in this ridiculous game they’re playing? Seems like these “intelligence “ agencies are giving themselves purpose. But it’s all a distraction from the powers who really control everything. Not the “deep state”. That’s one layer deeper than the mainstream media, at best. I’m talking about power that extends far beyond governments. Far beyond … Read more
Age of Surveillance Capitalism… Tech companies have shown themselves to be increasingly cavalier with our personal data. Are we handing over too much information? Frank Rose reviews “The Age of Surveillance Capitalism” by Shoshana Zuboff. According to Google’s Ngram Viewer, which measures the appearance in books of a given phrase over time, the word “surveillance”—from … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Welcome to the Big Club of Saturation & Decline. For the month of December, light new-vehicle sales in China plunged 13%, compared to a year ago, to 2.23 million vehicles, the China Association of Automobile Manufacturers (CAAM) announced on Monday. Sales through June had risen 6%, but then came July, and … Read more
by Charles Hugh-Smith If we follow the logic and evidence presented in these seven points, we are forced to conclude that the fractures in France, Germany and the EU are widening by the day. When is a nation-state no longer a functional state? It’s an interesting question to ask of the European nation-states trapped in … Read more
by Michael Snyder We continue to get more confirmation that the global economy is slowing down substantially. On Monday, it was China’s turn to surprise analysts, and the numbers that they just released are absolutely stunning. When Chinese imports and exports are both expanding, that is a clear sign that the global economy is running … Read more
by Michael Snyder Does Gillette really think that they are going to sell more razors to men after millions of men watch their horrific new ad that is essentially an all-out assault on masculinity? The new ad is entitled “We Believe: The Best Men Can Be”, and within the first few seconds the term “toxic masculinity” … Read more
by John Coumarianos Are technology stocks cheap? It seems like a strange question to ask as the market drops on news that Apple has indicated weaker future sales. I also doubted whether Facebook’s price reflected its business value in the middle of this past summer. I thought fair value for the business was around $140 per share assuming it … Read more
via @StockBoardAsset: China, Japan, & South Korea have been leading the recent market swoon Baltic Dry & Tanker rates fading hard in the first few weeks into 2019, not an optimistic sign for global trade lot of headlines from China Global Exchange Rates YTD. In the next few weeks, I will be visiting one of these … Read more
Record Junk-Bond Inflows? LOL – people are losing it pic.twitter.com/CU6lwtgsZM — mcm-ct.com (@mcm_ct) January 14, 2019 Isn't that odd, the stock market just stopped going up when leveraged loans index hit resistance pic.twitter.com/KSFYhWcqdF — Alastair (@StockBoardAsset) January 15, 2019 CDX NA IG (daily) holding 50sma pic.twitter.com/f2yt69G0Xa — Alastair (@StockBoardAsset) January 15, 2019 retail just looks … Read more
EU is willing to extend the BREXIT but will not change the agreement. What the EU wants is for May to convince her government to go along with the deal. The government shutdown might not be what everyone thinks it is. Trump promised to drain the swamp, this is the economic swamp that is a … Read more
1) China US get trade deal Mar 1 2) Brexit approved this week 3) Gov reopens 4) Strong bank earnings 5) Oil stays above $50 to keep pressure off credit 6) Asian economic data improves https://twitter.com/hks55/status/1084903962946473984 https://twitter.com/EvelynSprague/status/1084853456605712384 WATCH | Sir Bill Cash: "Will [the PM] confirm that she will never extend the date of our … Read more
The NYT article is turning out to be a big fail, they are showing the FBI was corrupt, Brennan was the conductor of the dossier, the world is catching on and the [DS] is digging their hole deeper and deeper. Mueller report is going to be a flop and the [DS] knows it, this is … Read more