Investment Watch Blog

NASHVILLE, Tenn. (Mike Osborne)  —  The group NoTax4Nash has followed through on its threat to start recall petitions for Mayor John Cooper and City Council members who voted for an dramatically increased property tax. NoTax4Nash has placed recall petitions for Mayor Cooper and 32 council members who voted in favor of the property tax increase. https://www.wmot.org/post/group-lobbied-against-nashvilles-recent-property-tax-increase-begins-recall-effort#stream/0

Judicial Watch went to court Wednesday demanding access to paint the streets of Washington with its own political message after the city wrote “Black Lives Matter” on one street and allowed protesters to paint “Defund the Police” next to it. The conservative group said the city has effectively turned its roadways into a public forum, … Read more

But not at today’s briefing… Trump on Wednesday said that he was “all for masks” and would wear one if he were in “in a tight situation with people.” “I mean, I would have no problem. Actually, I had a mask on. I sort of liked the way I looked, OK? I thought it was … Read more

From a year ago on Fox: “Talk of socialism is suddenly everywhere. The journey from a free society to socialism, however, does not occur overnight. It’s a stepped process that begins slowly and ends with a rush. Here are those steps: Step 1. Massive Government Spending. Socialist states have government at the center of their … Read more

#URGENT | Iran nuclear spokesman confirms 'incident' near Natanz nuclear site https://t.co/CzJxj4Mm89#SputnikUrgent pic.twitter.com/fy8ekpCqlK — Sputnik (@SputnikInt) July 2, 2020 Iran Nuclear Spokesman Confirms ‘Incident’ Near Natanz Nuclear Site The facility in Natanz in the central Iranian province of Isfahan is the country’s primary uranium enrichment facility. Iran began expanding its enrichment programme after the United States … Read more

Stanford research provides a snapshot of a new working-from-home economy. “We see an incredible 42 percent of the U.S. labor force now working from home full-time. About another 33 percent are not working – a testament to the savage impact of the lockdown recession. And the remaining 26 percent – mostly essential service workers – are … Read more

What to Know Jeffrey Epstein confidante Ghislaine Maxwell was arrested Thursday morning in New Hampshire, law enforcement sources say Maxwell will face charges that she conspired with the disgraced financier to sexually abuse underage girls Epstein, a friend to presidents and captains of industry, died by suicide last August while awaiting trial on sex trafficking … Read more

by Simon Black of Sovereign Man By the mid-1990s, the economy of Zimbabwe was in serious trouble. The national government under its dictator Robert Mugabe had spent years confiscating private property– real estate, businesses, factories, bank deposits, etc. And unsurprisingly, this had a disastrous effect on the economy. Productive citizens and talented entrepreneurs left Zimbabwe in droves– after … Read more

Even after a full quarter of sales data in the middle of the pandemic, it is difficult to define the form of a possible recovery. More than 90 percent of second-quarter sales were actually signed before the virus hit New York in March, said Bess Freedman, managing director of brokerage firm Brown Harris Stevens. “A … Read more

(1/n) We should stop calling this "investing."It's gambling. https://t.co/xJYyDSh4pt — Jason Zweig (@jasonzweigwsj) July 2, 2020

Biggest jump in NFP but the average hourly earnings is falling apart pic.twitter.com/q8cQQaqob4 — Alessio (@AlessioTMAD) July 2, 2020 This is my first big takeaway from today's @BLS_gov report. Even as overall unemployment falls, the scale of permanent job loss is comparable to a "mild", 2001-03 recession pic.twitter.com/MgHMC8OIj6 — Guy Berger (@EconBerger) July 2, 2020 … Read more

by cefpodoxime What is yield-curve control? The yield curve (YCC) is the relationship between rates on bonds of varying durations. Investors generally demand a higher yield for holding longer-term debt, meaning that the curve is normally upward sloping. And normally, central banks manage monetary policy through short-term rates only: The Fed, for instance, creates incentives … Read more

France & Italy deflation THEN stagflation pic.twitter.com/hs2TKJM4tU — Win Smart, CFA (@WinfieldSmart) July 1, 2020 CONSUMER INFLATION EXPECTATIONS pic.twitter.com/XdryLfbnEE — Win Smart, CFA (@WinfieldSmart) July 1, 2020

What happens when the extra $600 stops but the Fed is still buying zombie debt? Does that seem fair? pic.twitter.com/0S2Dm8sEVq — Win Smart, CFA (@WinfieldSmart) July 1, 2020 As 45 million Americans lost their jobs, U.S. billionaires made $584 billion. https://t.co/D16a8QUGkc — ABC News (@ABC) June 28, 2020 https://twitter.com/freezerohedge/status/1278597866039074816 America has almost 800 billionaires, a … Read more

https://twitter.com/ThinkTankCharts/status/1278260382281478145 https://twitter.com/ThinkTankCharts/status/1278225869274861583 The U.S. government takes a nearly 30% equity stake in one of the biggest trucking companies. https://t.co/3glUcNy7sN — Lisa Abramowicz (@lisaabramowicz1) July 1, 2020 Investors think the $JNK party is over pic.twitter.com/lcUTroBjS9 — Win Smart, CFA (@WinfieldSmart) July 1, 2020 Retail should call Gamblers anonymous pic.twitter.com/RbsfDijQED — Win Smart, CFA (@WinfieldSmart) July 1, … Read more