Using Bank Deposits, JPMorgan Chase Lost $3.2 Billion Trading Stocks and Credit Derivatives in First Quarter

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via wallstreetonparade: Imagine if every bank customer was greeted this week with a big sign just inside their Chase Bank branch that said this: “Dear Customers: We lost $3.2 billion trading stocks and credit derivatives in the first quarter. We did that using your bank deposits. But don’t worry, that pales in comparison to the $6 … Read more

SHOCKER: Zogby: Biden’s ‘dismal’ support from blacks threatens his election. What does he bring to the table, exactly?

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via washingtonexaminer: Former Vice President Joe Biden’s “dismal” support from black voters, now confirmed in two polls, is likely to force his campaign to choose a black woman as his running mate to shore up the key group, according to a Democratic pollster. In the latest John Zogby Strategies and EMI Research Solutions poll, Biden has the support … Read more

Clinton commuted 11, Bush 11, Trump 10, Obama 1715

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Obama makes clinton and bush look like boy scouts, 170 times more clemency orders than all the other presidents. https://www.justice.gov/pardon/clemency-statistics Obama has the record for 33,000 petitions for clemency.. No other president comes close.. Dude had a lot of people he wanted free.. https://www.justice.gov/pardon/clemency-statistics       h/t Grove Street

This is why we need to take back the house…

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It's no surprise that House Democrats refuse to investigate Democrat governors who ignored federal guidelines and forced COVID-19 patients into nursing homes anyway. Thousands of families lost loved ones as the result of these governors' deadly decisions. — House Republicans (@HouseGOP) July 13, 2020 Andrew Cuomo made the worst decision of any elected leader in … Read more

Massachusetts Senate Passes Police Reform Bill After Overnight Debate

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BOSTON (CBS) – The Massachusetts Senate passed a police reform bill after an hours-long session that concluded with a vote early Tuesday morning. Lawmakers voted to pass the bill after debating all night. That vote came in just after 4 a.m. as the measure was approved 30-7. https://boston.cbslocal.com/2020/07/14/massachusetts-police-reform-bill-senate-vote/

Looks like Fox News caves again…

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https://twitter.com/1776Stonewall/status/1282871494054420488?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1282871494054420488%7Ctwgr%5E&ref_url=https%3A%2F%2Fthedonald.win%2Fp%2FGIgkuaHY%2Flooks-like-fox-news-caves-again-%2Fc%2F Mark McCloskey tells @TuckerCarlson that he believes he and his wife, who warded off protestors while armed with guns in St. Louis, will be indicted. He says it's the same DA who refused to charge looters. pic.twitter.com/rRFo5B5x0f — Washington Examiner (@dcexaminer) July 14, 2020 https://twitter.com/dbongino/status/1282830690795560964?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1282830690795560964%7Ctwgr%5E&ref_url=https%3A%2F%2Fthedonald.win%2Fp%2FGIgjn0i6%2Fdan-bongino-antifa-is-a-fascis%2Fc%2F Daughter of Texas cop killed in ambush slammed for … Read more

CHINA FLOODING: 38 MILLION EVACUATED. Equivalent to evacuating the entire state of California

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China on highest flood alert as 38m people evacuated https://asia.nikkei.com/Economy/Natural-disasters/China-on-highest-flood-alert-as-38m-people-evacuated Now come the earthquakes… 5 Earthquakes Hit China https://www.theepochtimes.com/5-earthquakes-hit-china-chinese-gov-sanctions-us-lawmakers_3423391.html The CCP lease is being revoked. The Mandate of Heaven is a Chinese political and religious teaching. It is a common belief that natural disasters such as famine and flood were divine retributions bearing signs of … Read more

Invest in the future of Tesla, without touching $TSLA

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by iKalculated Tesla delivered 367,500 cars in 2019. Compare this figure with Toyota, who delivered 2,383,349 vehicles in 2019. Tesla spends approximately $16,000 on materials per Model 3. If Tesla matches Toyota numbers, they will be spending approximately $16,000 x 2,383,349 = $38,133,584,000 on materials per YEAR on each Model 3. The Model 3 is … Read more

JPMorgan reports its Q2 earnings

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Earnings: $1.38 a share, compared with the $1.04 per share estimate of analysts surveyed by Refinitiv. Revenue: $33 billion, compared with the $30.3 billion estimate. The bank posted a profit of $4.7 billion, while setting aside another $8.9 billion for credit losses. https://www.cnbc.com/2020/07/14/jpmorgan-chase-jpm-earnings-q2-2020.html    

10,000 Day Traders An Hour Buying TSLA

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Ten Thousand Day Traders an Hour Are Buying Tesla Shares By Sarah Ponczek July 13, 2020, 12:20 PM PDT Updated on July 13, 2020, 1:34 PM PDT Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday, according to website Robintrack.net, which compiles data on the investing platform that’s … Read more

Could America Have a French-Style Revolution?

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by Charles Hugh-Smith As with the French Revolution, that will be the trigger for a wholesale replacement of our failed institutions. Since it’s Bastille Day, a national holiday in France celebrating the French Revolution, let’s ask a question few even think (or dare) to ask: could America have a French-style Revolution? Not in some distant era, but … Read more

Your CreditKarma score isn’t your real credit score. CK shows you what’s basically the “pasteurized process cheese food” of credit scores — the difference matters!

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by searediPodReduction I often see posts here that say something like “I paid off a loan and my credit score dropped X points! What gives?” And in the original post or the comments, more often than not the score in question is from CreditKarma. But here’s the thing: CreditKarma scores are hardly ever used by … Read more