By Wolf Richter for WOLF STREET. The biggest standout in the US trade data released today by the Commerce Department is China (I combined the data for China and Hong Kong because a lot of merchandise is transshipped and/or invoiced via Hong Kong): The US trade deficit with China plunged by 18% from a record of $388 billion in 2018 … Read more
Jeffrey Epstein was found hanged in his New York jail cell in August last year The disgraced financier had previously set up a bank for offshore clients in 2014 After his death, huge sums of cash were sent to his Virgin Island offshore bank Millions of dollars that were sent from the estate of disgraced … Read more
Syrian air defenses engage ‘hostile targets’ over Damascus – state media — RT World News https://t.co/61y5gha5uE — EndGameWW3 🇺🇸 (@EndGameWW3) February 5, 2020 Suspected Israeli airtikes over Damascus, Syria moments ago in Qasioun mountain region. At least four strikes said to have occurred tagreting Assad regime sites. Smoke seen billowing from areas. — Israel Breaking … Read more
Hillary Clinton is the political establishment version of a panhandler on the corner begging for pocket change. AC
Do you see the difference between how MSM treated Obama compared to Trump? “iTs aLl JuSt a ShOw”. h/t smurfin101
by jessefelder Tesla’s stock price has soared five-fold over the past nine months or so prompting CNBC’s Michael Santoli to call it a, “one-stock mania.” I agree with his assessment but I think it’s also important to note that this is not an isolated phenomenon. In fact, there have been several “one-stock manias” over the … Read more
by Jason Burack of Wall Street for Main Street Wasn’t repo only supposed to be temporary? A perpetually rolled over term repo gathers no loss. Additional show notes here. Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the … Read more
by devdevdev51 In another post, I reviewed some of the ways to obtain leverage in your portfolio. Here, I discuss futures specifically. Futures may be the most cost-effective way of obtaining leverage, or are at least comparable to options. With index futures, you enter into a contract to buy or sell the index at a future date (NOT … Read more
BY SRSROCCO The Global Economy is heading for serious trouble when the disintegration of the U.S. Shale Oil Industry begins, likely within the next few years. With Global GDP growth based on world oil production growth, the main driver has been the U.S. shale oil industry. This is terrible news because the top U.S. shale oil … Read more
by visualcapitalist While looking at the top countries by GDP is a useful big picture measure, it can also be informative to look at the components that make up an economy as well. Examining a country’s economic building blocks can tell us a lot about what stage of development the country is in, and where competitive … Read more
Animated James Carville pic.twitter.com/ThZrrW0lUt — Acyn (@Acyn) February 4, 2020 Longtime Democratic strategist James Carville sounded the alarm bells on Tuesday night over what he described as the Democratic Party turning into an “ideological cult,” specifically singling out would-be presidential candidate Bernie Sanders. Hell!! it’s to late for turning into….IMHO It’s already happened!! There’s not … Read more
https://twitter.com/ginger_consult/status/1225178527923888128
by WARREN MOSLER Typical collapse prior to recessions: Still working its way lower: Another example of a small move up after a long downtrend that are touted to be a ‘reversal’: Another somewhat misleading headline, as per the year over year chart:
What a petulant child she is…… https://www.dailymail.co.uk/news/article-7970209/It-felt-like-Mike-Pence-accuses-Nancy-Pelosi-planning-rip-speech.html?ico=embedded You can even see the rips on the paper… wow, but ‘she didn’t plan it’ AC
State, Incumbent, Year first elected, Last election margin of victory (% points) Alabama, (D) Doug Jones, 2017, 1.7 Alaska, (R) Dan Sullivan, 2014, 2.2 Arizona, (R) Martha McSally, N/A, 13.7 Arkansas, (R) Tom Cotton, 2014, 17.0 Colorado, (R) Cory Gardner, 2014, 1.9 Delaware, (D) Chris Coons, 2010, 13.6 Georgia, (R) David Perdue, 2014, 7.7 Georgia, (R) Kelly Loeffler, … Read more
Watch the latest video at foxnews.com Jan. 31, 2020 – 5:03 – Center for Infectious Disease Research and Policy’s Michael Osterholm, PhD, argues coronavirus will not be able to be contained and that within months the world will become like China is now. NOTHING TO SEE HERE, MOVE ALONG: Eerie Drone Video Shows Wuhan Is … Read more
By Harry Dent I just saw an update of John Hussman’s infamous model that shows a very clear correlation between stock valuations, defined as stock prices over U.S. economic gross value-added, and 12-year total investment returns. This indicator is similar to stock market capitalization over GDP, which I have shown recently, except it is more predictive and specific … Read more
by The Phoenix Tesla (TSLA) is going to ignite a new stock market mania. In case you’ve missed it, TSLA has soared to nearly $900 per share. It was trading at $200 per share back in June 2019. So we’re talking about a 400%+ gain in the span of roughly seven months. The professional investor crowd … Read more
