Russell 3000 P/E just hit all-time highs. 31x earnings.

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FYI: Russell 3000 P/E just hit all-time highs. 31x earnings. Prior peaks: 1) Tech bubble, near record prices with low earnings. 2) Post GFC, low prices with depressed earnings. Today: Record prices with depressed earnings. pic.twitter.com/2PwkO8f9XK — Otavio (Tavi) Costa (@TaviCosta) November 10, 2020 #recession … #Tech #Bubble 2.0 edition#Nasdaq $NDX $QQQ #NQ_F 📉 https://t.co/bP4cZYnVrP … Read more

Forex VPS: What You Should Know

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VPS (Virtual Private Server) is a virtual computer where multiple kinds of applications are installed. VPS hosting is one of the most popular solutions used to optimize websites. Virtualization technology is utilized to provide dedicated resources on a server shared by multiple users. VPS in web hosting is essential, particularly to traders who depend on … Read more

Because Of The Fed’s Backstop, Fallen Angel Volumes Soar

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by confoundedinterest17 The title of the following graphic is “Even with Fed Backstop, Fallen Angel Volumes Break with History.” But that headline is misleading, it should be “BECAUSE OF Fed Backstop, Fallen Angel Volumes Break with History.” The whole idea behind Quantitative Easing was to get the economy back on its feet following the financial crisis. But … Read more

Time Is Running Out: Here’s What Trump Should Do Before Inauguration Day

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by Ryan McMaken of Mises Institute States won’t have to formally certify their electoral college votes until December. But, assuming Joe Biden’s supporters do manage to push through the necessary 270 electoral votes, Donald Trump still has until January 20 to change military policy, pardon allies, unseat the Federal Reserve Board of Governors, and throw a wrench in the … Read more

Race To Debase From Central Bankers Gone Wild: Creating Currency To Buy Bonds!

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by Jason Burack of Wall St For Main St Britain’s economy has been supported by a surge in debt-fueled spending by the government, and the Bank of England (BOE) is buying up many of those bonds. The increase in the size of the BOE’s asset-purchase program took it to 895 billion pounds, 50 billion pounds more than expected … Read more

The Purge has begun!

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https://twitter.com/rabrowne75/status/1326301901772763136 https://twitter.com/attackerman/status/1326314398261112833 An apparent purge is underway at the Pentagon, as the Defense Department announced the departure of much of its senior leadership and welcomed hardcore MAGA-ites in their place. Defense Secretary Mark Esper, fired by President Trump on Monday, was just the beginning. Also out are Esper’s chief of staff Jen Stewart and the … Read more

Pa. #USPS whistleblower completely RECANTED his allegations of a supervisor tampering with mail-in ballots after being questioned by investigators, according to IG.

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BREAKING NEWS: Erie, Pa. #USPS whistleblower completely RECANTED his allegations of a supervisor tampering with mail-in ballots after being questioned by investigators, according to IG. THREAD: — Oversight Dems (@OversightDems) November 10, 2020 #USPS IG investigators informed Committee staff today that they interviewed Hopkins on Friday, but that Hopkins RECANTED HIS ALLEGATIONS yesterday and did … Read more

States Planning to Eliminate Electoral College

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Colorado voters have decided to join a growing list of states that hope to decide a president by popular vote, the latest move in a national chess match over the way the United States elects its presidents. Called the National Popular Vote Interstate Compact, the agreement calls for states to award their electoral votes to the winner … Read more

State to State Lawsuit: Kentucky and More STATE is Suing PA

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My statement regarding the rule of law in the election process: Read the amicus brief here: https://t.co/Ulu7PU3akq pic.twitter.com/wMKfsOFkfV — Attorney General Daniel Cameron (@kyoag51) November 9, 2020 FRANKFORT, Ky. (AP) — Kentucky’s Republican attorney general joined in a lawsuit Monday challenging mail-in ballots in Pennsylvania, saying what happens elsewhere in a presidential election matters to … Read more

It’s Going To The Supreme Court: Trump Could Still Emerge The 2020 Election Winner

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by Jim Rickards via Daily Reckoning The major news outlets have declared Joe Biden the winner of the 2020 presidential election based partly on a projection that Biden would win Pennsylvania’s 20 electoral votes. Well, maybe, maybe not. Projections are not official certifications let alone final votes in the Electoral College (the composition of which will not be … Read more

Mr. Resolute And November Gold’s Deliveries!

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by  J. Johnson via JS Mineset Great and Wonderful Tuesday Morning Folks, After the exclusive temper tantrum at the Comex subsided, Gold has reversed, with the trade at $1,877.50 up $23.10 after reaching up to $1,888.90 with the low at $1,858.90. Gold actually started its reversal moments after the Comex close (after the negative $97.30 was posted), which … Read more

Shell’s Largest Refinery Reduces Crude Processing Capacity By 50%

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By Tsvetana Paraskova Shell will halve the crude oil processing capacity of its largest wholly owned refinery in the world, Pulau Bukom in Singapore, as part of its ambition to be a net-zero emissions business by 2050 or sooner, the supermajor said on Tuesday. Pulau Bukom hosts the largest wholly-owned Shell refinery globally in terms of crude distillation capacity, … Read more

EU files antitrust against AMZN

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https://apnews.com/article/international-news-europe-8e0222555df76c36bfbeed3289222d94 I buy several times a week from them but I’m the biggest enemy of Amazon Choice and Best Seller . I used to sort by reviews/stars but now sends you to unrelated items. Even though many fake reviews. LONDON (AP) — European Union regulators have filed antitrust charges against Amazon, accusing the e-commerce giant … Read more