Grand Canyon Education $LOPE down 8% to$84 after Citron report calls it “The Educational Enron” and lowers Price Target from $30 to $0

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by InterestingNews1 The report says “Citron believes that management of Grand Canyon has been both incompetent and deceitful in its ability to transform the school to adapt to the rapidly changing for profit education space.” Citron also say that “[t]he corporate structure between Grand Canyon Education [“GCE”] and Grand Canyon University [“GCU”] is one that … Read more

Plane From Wuhan, China Slated To Arrive At Ontario Airport Being Diverted To March Air Reserve Base

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ONTARIO (CBSLA) — A plane carrying more than 100 United States citizens being evacuated from Wuhan, China — the epicenter of the new coronavirus outbreak — is scheduled to arrive at March Air Reserve Base Wednesday morning, after being diverted from Ontario International Airport. On Tuesday afternoon, preparations in Ontario were well underway as the airport … Read more

BLACKOUT: CBS, ABC & NBC–all regulated by the FCC–are NOT giving equal time to covering lawyers arguing in defense of Trump in front of Senate…

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https://archive.ph/wip/ejKli : Paul Sperry on Twitter: “BLACKOUT: CBS, ABC & NBC–all regulated by the FCC–are NOT giving equal time to covering lawyers arguing in defense of Trump in front of Senate now, as they did last week when they covered Schiff & Dem prosecutors arguing for Trump’s removal in wall-to-wall preemptive coverage” BLACKOUT: CBS, ABC & … Read more

The Coronavirus crisis may have a larger impact on the global economy than market participants discount. We need to be aware of the risks.

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The #coronavirus crisis may have a larger impact on the global economy than market participants discount. We need to be aware of the risks. Our thoughts are with the victims and hope for a rapid solution to the epidemic. pic.twitter.com/fmAXq8wTit — Daniel Lacalle (@dlacalle_IA) January 29, 2020   China’s Coronavirus Overtake SARS, Economic Impact Could … Read more

Fed’s Repo Response Isn’t Fueling the Stock Market: Equities are being driven by low rates and a healthy economy, not central bank T-bill purchases.

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by NineteenEighty9 The author Bill Dudley is a senior research scholar at Princeton University’s Center for Economic Policy Studies. He served as president of the Federal Reserve Bank of New York from 2009 to 2018, and as vice chairman of the Federal Open Market Committee. He was previously chief U.S. economist at Goldman Sachs. https://www.bloomberg.com/opinion/articles/2020-01-29/fed-s-repo-response-isn-t-fueling-the-stock-market … Read more

Our Betters Are Trying To Protect Us From Making Money… Again

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HR2474: Kills Right-to-Work, Takes AB5 Nationwide. Impeachment of OrangeManBad may dominate Democrat talking points, but they haven’t forgotten to continue to punish citizens for the crime of wanting to be left alone. Up for a vote next week is HR2474. The Protecting the Right to Organize Act will not just cancel the right-to-work laws in 27 states, but it also contains … Read more

Even In Defeat, The Authoritarian Instinct Is Strong

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Failed Dem No One Remembers Says He’s Going to Make Sure Trump-Supporters Can’t ‘Show Their Face in Public.’ Speaking in what looks like an Applebees on karaoke night to about six people who look drunk, failed Senate candidate Jon Ossoff screamed into a handheld microphone about beating up people who disagree with him politically. Channeling … Read more

Coronavirus Exceeds SARS Toll; U.S., Other Countries Begin Evacuations; Air Traffic In Free-Fall As Virus Spreads; China Shuts Down Stock Market to Prevent Coronavirus Selloff

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Chinese authorities have decided to suspend trading on the nation’s two major stock exchanges. This comes after fears of a coronavirus crash. Chinese authorities have decided to suspend trading on the Shanghai and Shenzhen stock exchanges. This move comes as the Wuhan coronavirus outbreak grows in size and severity. The government is kicking the can … Read more

Is It Time To ‘Buy The Dip’?

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Authored by Lance Roberts via RealInvestmentAdvice.com, Over the last few weeks, we have discussed the outsize market advance driven by the Fed’s massive liquidity injections into the market. As we discussed with our RIAPRO subscribers (30-day RISK FREE Trial) we stated: “If it appears to you that the recent rally is an anomaly, your thoughts do not … Read more

Top ten FAQs for tax filing season

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by yes_its_him Things to keep in mind for tax filing season (with clarifications edit: fixed to record some easy updates). You have to file federal taxes if you make enough money that you have tax liability, which is generally over about $12,200 gross for regular employment, and only $400 if you are self-employed. You want … Read more

Ross Beaty: Gold is Going to New All Time Highs

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We are still relatively early in this gold bull market, and there is a considerable distance to go. He cautions that eventually, the broader markets will have to correct, as money printing can’t continue forever. Ross discusses his early career and the lessons he learned while building his first company Equinox Resources. He says, “It’s … Read more

Stephen Roach: Coronavirus Could Shock the Global Economy Into Recession; ‘Lehman Type’ Moment? Analysts Warn That Markets Are Too Complacent

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Coronavirus Could Shock the Global Economy Into Recession: Stephen Roach One of the world’s leading authorities on Asia warns the coronavirus outbreak could wreak havoc on the global economy.     ‘Lehman Type’ Moment? Analysts Warn That Markets Are Too Complacent Markets are underestimating the potential fallout of the coronavirus outbreak, which could be a … Read more