Time to get a backup career change? About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus, according to Bloomberg calculations. The aviation industry has suffered more than most as the pandemic destroys ticket sales and strips companies of cash. Airlines the world over have drastically … Read more
by confoundedinterest17 The last national home price bubble occurred in the mid-2000s when home price growth exceeded wage growth (see yellow box in the chart below). When the housing bubble burst, it almost took down the entire financial system. But starting in 2012, here we are again. Until the latest data where wage growth is almost … Read more
BY SVEN HENRICH A confluence of factors led to this week’s sell-off in markets. In the lead up to this week’s market top we saw all the classic signs: Weakening participation, highly overbought readings, vast technical extensions, historic valuations accompanied by extreme complacency and bear capitulations. And make no mistake: This sell off was intense. … Read more
“Even as researchers since then have managed to enable a massive lithium-ion economy of portable electronic devices, they have never gotten beyond inserting just a small few crumbs of the metal into the batteries powering iPhones, Tesla automobiles, and Chromebooks. Pure lithium has remained the Holy Grail – the presumed best consumer battery possible using … Read more
White House CANCELS racial sensitivity training for all federal employees because it is ‘un-American propaganda’: Trump blasts classes on ‘critical race theory’ and ‘white privilege’ as a ‘sickness in our country’ President Trump has demanded federal agencies identify training sessions on ‘critical race theory’ so that they can stop being subsidized by the taxpayer The … Read more
I have a 815 RScore, work and have noticed Chase keeps lowering my credit limit even though I have not passed 10% of it. Same thing applies to my BofA CCard, the limit keeps dropping even though I don’t use it unless it is an emergency and I’m not even at 5% of the limit … Read more
The 2020 economic collapse has demonstrated its ability to wipe out supply chains, drive grocery store prices sky high, and cause massive shortages of everything from toilet paper to meat to aluminum cans. As we head into the fall, the disaster is only going to intensify, so it is crucial that you take the last … Read more
Former CIA Officer and counter-terrorism expert Kevin Shipp predicts, “Trump is going to win, but when Trump wins . . . these people are just going to go crazy and escalate the violence.” As far as the cheat-by-mail campaign the Democrats have been pushing, Shipp thinks, “They are a little late in the game. So, … Read more
by SpontaneousDisorder After watching the markets get even more “risk on” than the February peak the last couple of days have seen a good plunge. This market definitely has the smell of a blow off top. September and October can be a “crashy” time of year. Expect financial conditions to tighten again and then the … Read more
Since the beginning of recorded history, whichever country owned the most gold was the reserve currency of the world. Interestingly, whichever country was the reserve currency of the world was also the military power of the world. Global reserve currencies since 1450: pic.twitter.com/FXCeQRlexs — Greg Chamandy (@GregChamandy) September 3, 2020
Jeff Clark, Senior Analyst, GoldSilver SEP 4, 2020 Today, institutional participation – the enormous Wall St and global wealth management and investment firms and their clients from hedge funds to pension funds – in the gold market is minimal. But with interest rates near zero globally, we’re seeing signs that this is changing rapidly. The … Read more
by bettybrighteye I went to financial training seminar while in the military in November 1999 and the lady talked about how stocks like the second coming of christ as the only true path to increase your wealth. I sold all my silver age comics and things and sunk all my savings about 8000 dollars not … Read more
by vntoknto 3000x series… super popular and highly praised. everyone wants it. 2000 series was terrible so lots of 1000 series owners have sit it out and cant wait to grab the new cards once its released mid September. nvidia gpus also focus on raytracing and DLSS. neither of which amd has good solution for … Read more
Source: https://twitter.com/Fxhedgers/status/1301993263339982848?s=20 https://twitter.com/Fxhedgers/status/1301993263339982848?s=20
https://finance.yahoo.com/news/tesla-stock-could-tumble-over-200529902.html?theme=2&_v=1&color=1&hl=en&sp=1 GLJ Research analyst Gordon Johnson expects Tesla shares to be changing hands for $19 each a year from now (yes, that’s not a typo), implying a decline of 96%. Needless to say, Johnson’s rating for Tesla is a Sell. The problems? Let’s see. Take away “FSD (full self-driving) and credit sales in 2020,” and … Read more
Source: https://www.fidelity.com/learning-center/trading-investing/markets-sectors/bull-market-highs?ccsource=email_weekly Key takeaways from the article: The stock market hit new highs last week, and the history of market cycles suggests that the current bull market trend could continue for some time to come. In terms of the business cycle, the US economy is out of recession and into an early cycle recovery. In addition, … Read more
by Dr. Eowyn Generation Z or Gen Z are the demographic cohort succeeding Millennials and preceding Generation Alpha. Researchers and popular media use the mid-to-late 1990s as starting birth years and the early 2010s as ending birth years for Gen Z. Most members of Generation Z have used digital technology since a young age. ~Eowyn … Read more
https://twitter.com/MikeWeaponized/status/1302077327451582464?s=20%5Btwitter%5D AC
