9 months into crisis, unemployment claims near record high… Unemployment benefits are flowing to workers in a volume that is near records set before the coronavirus pandemic. Elevated figures — for “continued” and “initial” claims — reflect economic and financial …
(Bloomberg) — Eat Just Inc., a maker of meat and egg substitutes, has been approved to sell its laboratory-created chicken in Singapore, which becomes the first government to allow the sale of cultured meat. The product, created from animal cells …
by Michael Snyder If violent crime rates are surging, should the police get more funding or less funding? You would think that the answer should be obvious, but unfortunately major cities all over the nation are choosing to significantly reduce …
by John Mauldin We have too many “elites.” History shows this rarely ends well. And we are about to mint even more. The December issue of The Atlantic has a fascinating with Peter Turchin, a University of Connecticut professor with some unique ideas about …
Frank Luntz is on CNBC this morning telling us what words we should and shouldn’t be using anymore. I got two screenshots of the lists of words they said we shouldn’t be using anymore. View post on imgur.com h/r Technical_Challenge
NEW YORK (1010 WINS) — New York could hit “PAUSE” again if the state hits “a real hospitalization crisis,” Gov. Andrew Cuomo warned Monday, as the number of residents hospitalized with COVID-19 continued to climb. COVID-19 hospitalizations in the state …
The Battle for the White House: @SidneyPowell1 celebrates a court victory for @realDonaldTrump in Georgia which stops Dominion voting machines in 3 counties from being wiped. #MAGA #AmericaFirst #Dobbs pic.twitter.com/YYEOjp7PON — Lou Dobbs (@LouDobbs) November 30, 2020 h/t LostRabbit
by John Mauldin Before the coronavirus pandemic I expected the US would hit the debt wall in the late 2020s. Now, the debt is growing even faster and we will hit that wall a lot sooner. What happens when we come to the place where …
by Gary Savage of Smart Money Tracker Gold the bottom is near
Daniel Lacalle – YouTube, Released on 12/1/20 Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School …
Wall St. For Main St., Released on 12/1/20 Wall Street banks say that subzero yields are good for selling even more corporate bonds and corporate credit? https://www.marketwatch.com/story/neg… WAIT WHAT??? Only a few weeks ago, Jason explained the entire Wall Street bank …
by John Mauldin In 2010, the scientific journal Nature published a collection of opinions looking ahead 10 years, i.e., where we are right now. Nature then published a short response from zoologist Peter Turchin in its February 2010 issue. Quantitative historical analysis reveals that complex human societies are …
We have three whistleblowers who will reveal substantial evidence of unlawful actions made by election officials; and widespread illegal efforts by USPS workers to influence the outcome of the election. 2PM EST TODAY pic.twitter.com/VWUD593a1v — Phillip Kline (@PhillDKline) December 1, …
Right now, Barr DOJ protecting Hillary Clinton directly and trying to shutdown all @JudicialWatch Clinton email discovery and suits, holding up release of Obamagate emails/texts of Page/Strzok/McCabe. Outrageous. @RealDonaldTrump should issue an emergency transparency order. — Tom Fitton (@TomFitton) December …
Steve St Angelo on Palisades Radio Tom welcomes a new guest to the show, Steve St. Angelo from the SRSrocco Report. Steve says, “You don’t have an economy unless your burning energy. Today, we take energy for granted.” For thousands of years, …
Independent behavior in the investment world is rare – even among professionals. See how money managers participate in “crowd behavior” like most everyone else. Take a look at these two informative charts.
by confoundedinterest17 (Bloomberg) — Common shares of Fannie Mae and Freddie Mac pared double-digit percentage losses in Tuesday trading as Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell discussed the government’s control over the mortgage giants. Powell and Mnuchin testified before the Senate Banking …
The WH unveiled this years Christmas decorations. America the Beautiful h/t Spritzer
Attorney General William Barr said U.S. attorneys and FBI agents have been working to follow up specific complaints about the election, but they’ve uncovered no evidence that would change the outcome. — The Associated Press (@AP) December 1, 2020 https://twitter.com/VMontacue/status/1333863719072395267 …
Just as AG Barr is spotted entering the White House, Giuliani & the Trump campaign release this statement 👀 pic.twitter.com/HFewXwsyxW — Gabby Orr (@GabbyOrr_) December 1, 2020
.@JanetYellen says she’ll use the Treasury Dept. to address racial inequality, “gender disparities,” and “the climate crisis” pic.twitter.com/gR95ssdUVH — Tom Elliott (@tomselliott) December 1, 2020 and i thought central banks weren’t into central planning AC
Far too often, people buy car insurance without first reading reviews. As a result, many of them end up with inadequate coverage and at a premium much higher than they should pay. Unfortunately, some individuals don’t realize their mistake until …
US Billionaires Gained $1 Trillion Since The Pandemic Started, As Middle Class Loses Everything! #Breaking #News #Update https://t.co/biccvZxrKG — Dahboo7 🎙 (@dahboo7) December 1, 2020
https://twitter.com/GinkoHoz/status/1333858137829412864 Implied Volatility indices green pic.twitter.com/re1I0TEszt — Sunchartist (@sunchartist) December 1, 2020
This is an astonishing chart by Deutsche Bank. The surge in #debt-to-#GDP level between Q4 2019 and Q3 2020 is just unprecedented. pic.twitter.com/NkgLs5lhqL — jeroen blokland (@jsblokland) December 1, 2020 Stimulus: You get $1,000The country gets $1T in new debt …
by Przemyslaw Radomski via Sunshine Profits As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past …
by John Mauldin The Great Reset is my term for climactic events that resolve our global debt overload while at the same time dealing with slow economic growth, high unemployment and social unrest. I’ve talked about this concept for many years. I …
by Jason Burack of Wall St For Main St In under 18 months (barely 12 months) Saudi Aramco (a small portion of shares went IPO in 2019) has added $20 billion in debt to its balance sheet. FULL SHOW NOTES AND LINKS HERE …
https://www.cnbc.com/2020/11/30/tesla-to-be-addedto-the-sp-500-in-two-parts-to-account-for-its-size-an-unprecedented-move.html The stock will be added at its full float-adjusted market capitalization before the open of trading on Dec. 21, the index provider said. Float-adjusted means that only shares available to the public are considered when evaluating a company’s weighting. …
