Breaking news, updates, and reports on current events.
Source says feds showed up this am, asked everyone to leave and put brown paper on the doors. pic.twitter.com/4qJBwzoKF4 — Fran Spielman (@fspielman) November 29, 2018 Federal agents showed up unannounced at the City Hall office of Finance Committee Chairman Ed Burke, kicked everyone out and papered over the windows Thursday morning. The exact nature … Read more
Thursday, Harvard law professor Alan Dershowitz called into Fox News Channel to react to the breaking news of Donald Trump’s former lawyer, Michael Cohen, reaching a plea agreement with FBI special counsel Robert Mueller to plead guilty for lying to congressional committees as part of the investigation into Russian collusion in the 2016 election. Dershowitz … Read more
technical defect of merkels plane via google translate: Technical problems in the government plane! On the way from Berlin to the G20 summit in the Argentine capital of Buenos Aires, the government machine with German Chancellor Angela Merkel (64, CDU) and Vice-Chancellor Olaf Scholz (60, SPD) in Cologne between land. The reason is a Technical … Read more
Portfolio Wealth Global, Released on 11/29/18 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 … Read more
BY ROBERT ROSS “Jeff Sessions leaving office is a definite win for the cannabis industry.” That’s a quote from Jeffrey Zucker. He’s the president of Green Lion Partners, a business strategy firm focused on the cannabis industry. Zucker refers to the recent resignation of US Attorney General Jeff Sessions. Sessions was a well-known critic of cannabis. … Read more
https://www.youtube.com/watch?v=fWSMhvbgfLE Cassandra Fairbanks for the Gateway Pundit reports, Following his permanent Twitter ban, apparently for being right-wing, Iraq War veteran and former GOP congressional candidate Jesse Kelly has been louder than ever. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
by FS Drones are everywhere: they’re shooting film for the the movies we watch, delivering packages and medical supplies, even helping to plant seeds in areas devastated by forest fires. Tabb Firchau of Freefly Systems spoke to FS Insider on the explosive growth of the drone industry and how they are continually upgrading to do more. “If … Read more
via Bloomberg: Installment plans have helped shoppers afford large purchases since the late 19th century and are still available for pricey items like cars and smartphones. But to delay payment for a T-shirt and a couple pairs of jeans, you needed a credit card. Now several fintech startups are putting smaller purchases on installment, too. … Read more
Josh Sigurdson talks with Yaakov Markel about the recent news surrounding Meghan Markle, the Duchess of Sussex and the Royal Family as the IRS cracks down on the new Duchess for living in Britain. All of the Royal Family’s riches are now at risk of being exposed by the IRS in the United States as … Read more
For More Information See: https://www.breitbart.com/tech/2018/1… https://medium.com/@googlersagainstdr… https://www.theverge.com/2018/11/27/1… https://www.checkmyfile.com/articles/… https://amp.businessinsider.com/china… https://www.telegraph.co.uk/news/2018…
by DCG When the “Affordable” Care Act was passed, it expanded tax-payer funded health coverage through Medicaid. States that agreed to participate and expand eligibility would be reimbursed by the federal government at 100% of the costs with those reimbursement costs declining by 2020. As Nasdaq reported in 2016, states would take a hit to their budgets once … Read more
Wall St. For Main St., Released on 11/28/18 Jason talks about his research into GE and how there’s a much larger problem in corporate bonds and corporate debt than just General Electric (GE). 1) When Blue Chip Companies Pile on Debt, It’s Time to Worry https://www.nytimes.com/2018/11/26/op… 2) Lawmakers consider multibillion-dollar bailout for troubled pensions, retirees https://www.washingtonpost.com/amphtm… … Read more
by Dana Lyons Despite a more than 2% jump in the S&P 500, short-term volatility expectations unprecedentedly closed higher on the day. Yesterday saw traders (more likely, computers) push stocks sharply higher on the heels of an apparently more dovish Fed. In the case of the S&P 500 (SPX), we are talking about a gain of … Read more
From FXStreet: Going forward, there are – and will continue to be – three primary drivers of global physical gold (and silver) demand. During certain times in the past only one or two of these elements provided most of the momentum. However, as we move into 2019, and for possibly the next 5-10 years, all three will be … Read more
The market rallied Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are “just below” the range of estimates for neutral. Some prominent Wall Street economists didn’t see a major difference from previous remarks. Powell’s remarks in October that the Fed was “a long way” from neutral helped spur a market sell-off on fears … Read more
via Zerohedge: Several weeks ago, when looking at the US budget data for the recently concluded (Sept 30) Fiscal 2018, we noted that the most troubling observation in the latest data (besides the growing deficit, rising spending and shrinking tax revenues) was that the government paid $523 billion in total interest in fiscal 2018, the highest on record. Alas, this … Read more
https://twitter.com/OccupyWisdom/status/1067983987828813824 Even After IMF Downgrade of Global Economy, Data Suggest Things Are Getting Worse Still “We know that rising trade barriers are ultimately self-defeating for all involved,” IMF chief Christine Lagarde said. “Thus, it is imperative that all countries steer clear of new trade barriers, while reversing recent tariffs.” glut/slowdown in China crushing rebar … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Exchange-traded bond funds and bond mutual funds are big business. They’re a lot easier for retail investors to buy and sell than the actual bonds, particularly bond ETFs, which trade on stock markets just like stocks — and can even be day-traded. But this liquidity for investors is precisely the potentially … Read more
via upfina: The September CoreLogic Case-Shiller index wasn’t terrible, which is encouraging since many housing related indexes have shown weakness recently. The problem with this report is it’s from September. Therefore, it doesn’t quell investors’ nerves about the direction of the housing market which is caused by more recent weakness. On a seasonally adjusted basis, 20 … Read more
by Bix Weir from Road to Roota I’ve posted 884 articles on my website about how Deutsche Bank is the lynch-pin for the Derivative Meltdown that takes DOWN the Evil Banking Cabal…so the news today of a RAID with 170 Cops is HUGE!!