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Yahoo Finance, Released on 8/11/20 Jim Bianco discusses his outlook for the financial sector and why he’s worried about inflation and its impact on risk markets. Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim’s commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered by … Read more
by visualcapitalist Internet adoption has steadily increased over the years—it’s more than doubled since 2010. Despite its widespread use, a significant portion of the global population still isn’t connected to the internet, and in certain areas of the world, the number of disconnected people skews towards higher percentages. Using information from DataReportal, this visual highlights which regions have the … Read more
@HRGPFOREVER @realJosephRich @RetirementRight who could of seen this coming!? https://t.co/FU1FHDWEao — The Punisher (of Wall ST) (@GregCrennan) August 12, 2020
https://twitter.com/Hoz94s/status/1293530028777656322 We know that larger companies are filing for bankruptcy at record pace, but small businesses are disappearing by thousands & unfortunately there aren’t many ways to track data real-time, other than @Yelp’s breakdown of business closures @Bloomberg pic.twitter.com/6ktLfwUYKQ — Liz Ann Sonders (@LizAnnSonders) August 12, 2020 “Financially Devastated” – 83% Of NYC Restaurants Unable … Read more
Student loans are a worry for almost everyone and can cause a lot of stress on young individuals. The payments can seem never-ending, and it’s unsettling to see a large part of your paycheck disappear. However, it’s important not to get too overwhelmed, as there are strategies to help you pay off your loans quickly … Read more
By Simon Watkins China continues to expand its influence in the Middle East through oil and infrastructure deals, and the latest deal with ADNOC is a great example of how Beijing looks to grow its presence in the offshore oil business It is little surprise to see that China – again – figures in yet … Read more
by Eric Zuesse Here is why federal criminal indictments of former Obama Administration officials are likely before September 4th: As I have previously documented, the case is overwhelming that extremely serious crimes were, in fact, committed and covered-up, and the only real question now is how high up in the Administration they went — possibly up to Barack … Read more
By Charles Kennedy U.S. refiners are feeling the pinch not only from the lower fuel demand, but also from the surging costs for complying with the biofuel requirements as refining and blending activity is lower than usual. Under the Renewable Fuel Standard (RFS), oil refiners are required to blend growing amounts of renewable fuels into … Read more
by Martin Armstrong https://youtu.be/ajTNjdVZnQQ How will the markets handle what lies ahead is very interesting. Historically capital will ALWAYS flee from tyranny. The markets may appear to be disconnected, but they are clearly beginning to weight the changing tide of freedom which is so essential to how and why we invest our capital. Governments have violated the … Read more
Tax base collapse. 💣 https://t.co/ev7xmU18XX — Cernovich (@Cernovich) August 11, 2020
by WSBConsensus Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.
Start at the 4:00 mark. The conspiracy is the Democrats want to lose. They nominated a guy with dementia and the most unlikable woman on earth. FLASHBACK: While Democrats get crazier, Tulsi Gabbard hits Kamala Harris criticism right on the nose. As Gabbard pointed out, then California attorney general, Harris was responsible for putting “over 1,500 … Read more
https://www.msn.com/en-us/news/politics/did-this-leak-just-accidentally-reveal-biden-s-vp-pick/ar-BB17itZr h/t Click
by Shaun Richards Today brings my home country the UK into focus as we get the first picture of how much economic damage the lockdown did in the second quarter of this year. So let us take a look. UK gross domestic product (GDP) is estimated to have fallen by a record 20.4% in Quarter … Read more
Financial writer and precious metals expert Craig Hemke says we have not seen this sort of “perfect storm” in the precious metals market since the 1970’s when gold increased nine fold until it topped out in 1980 at nearly $900 per ounce. If that happens again, that would put the gold price at nearly $18,000 … Read more
Black Lives Matter to Lightfoot: Unrest won’t end until ‘the safety and well-being of our communities is finally prioritized’: “When protesters attack high-end retail stores that are owned by the wealthy and service the wealthy, that is not ‘our’ city and has never been meant for us,” the group said in a statement. Black Lives … Read more
by MrOaiki Every now and then, people on here think they have some “brilliant” thought about the markets. Often it’s something they believe no one else has thought of, and will make them money. And it goes both ways, bulls see a coming surge. Bears have analyzed the markets and “know” they’re in for a … Read more
https://twitter.com/linzcom/status/1293315606272303104 The calm before the storm: Consumer debt delinquencies have actually dropped this year because of government support programs. But this will change as the U.S. jobless rate stays high and federal aid programs run out, driving "a very rapid increase" in delinquencies: Moody's pic.twitter.com/2zKHMlLd2z — Lisa Abramowicz (@lisaabramowicz1) August 11, 2020
