Investment Watch Blog

The federal workforce, much of which never embraced President Trump, was quick to jump on the Biden-Harris train today. The largest federal employees union, the American Federation of Government Employees, this morning endorsed Joe Biden’s pick of California Sen. Kamala Harris as his running mate. “Sen. Harris is the right choice for this moment in our nation’s history,” said … Read more

https://twitter.com/michaelbeatty3/status/1293888688376541185?s=20  

Eric Zuesse Joe Biden was one of the U.S. Senate’s leading segregationists; and he was condemned by the NAACP for it in 1977 hearings before the Senate Judiciary Committee, but he has claimed instead to have participated in anti-segregation sit-ins, which were led by black ministers all of whom were conveniently deceased at the time when he made … Read more

The Three Gorges Dam is likely to see its fourth flood this year, as torrential rain has ravaged the upper reaches of the Yangtze River in Sichuan Province this week. Flooding from heavy rain, which began hammering Sichuan on Monday (Aug. 10), has cut off five expressways, five toll stations, and 12 national and provincial … Read more

The off-price retailer Stein Mart has filed for Chapter 11 bankruptcy protection and plans to shutter most of its stores. Stein Mart operates 281 stores across 30 states in the U.S., according to its website. More than 40 retailers have filed for bankruptcy so far this year, according to a tracking by S&P Global Market … Read more

https://twitter.com/_reddpill/status/1293788007875526657

by Mac Slavo of SHTFplan This time, it literally won’t matter who wins, loses, is selected, or elected. The elitists have already made it clear this election will be a contested one that will seal the division they seek in order to conquer us all.  Now they are mixing in a potential world war narrative that should alert … Read more

via hotair: “Just what exactly do progressives — especially those with antipathy to law enforcement — get from a Joe Biden/Kamala Harris ticket? The media has spent much of the past thirty hours celebrating this union rather than analyzing it, but not everyone’s tossing confetti. . . . These are not new concerns; last year, back … Read more

There is a kick-ass conspiracy in this story somewhere. A broken cable at Puerto Rico’s Arecibo Observatory has torn a gaping 100-foot hole in the dish of one of the largest radio telescopes in the world, taking the instrument offline until repairs can be made. Arecibo’s massive reflector dish, which is built inside a sink … Read more

https://www.thestreet.com/streetlightning/stock-picks/this-is-death-knell-for-uber-says-jim-cramer ​ A judge in California issued a preliminary injunction on Monday requiring Uber and Lyft to stop classifying their drivers as independent contractors, and potentially setting the stage for a major shift in their business models. Judge Ethan Schulman of San Francisco Superior Court granted a 10-day stay before the preliminary order takes effect. If the … Read more

https://www.cnbc.com/2020/08/12/uber-may-shut-down-temporarily-in-california.html Uber would likely shut down temporarily for several months if a court does not overturn a recent ruling requiring it to classify its drivers as full-time employees, CEO Dara Khosrowshahi said in an interview with Stephanie Ruhle Wednesday on MSNBC. Uber and rival Lyft both have about a week left to appeal a preliminary … Read more

Fear goes missing in U.S. equity options, just like 2000: Chart of the Day | @TheOneDave pic.twitter.com/DG6plTQZND — Richard Christopher Whalen (@rcwhalen) August 12, 2020 Nasdaq up more than 2%. Volume in 🔻stocks makes up more than 50% of the total (@hmeisler). This has never happened before. There have been a handful of days when … Read more