This tweet by @realDonaldTrump with more than 100k likes is already the most liked Persian tweet in the history of Twitter.

Translation: “To the brave and suffering Iranian people: I have stood with you since the beginning of my presidency and my government will continue to stand with you. We are following your protests closely. Your courage is inspiring.” https://twitter.com/SGhasseminejad/status/1216131659986325504 TRUMP STANDS WITH THE PROTESTERS: You know, Iran says they’ve bribed a lot of Western government officials. … Read more

The Wall Street Journal (and Other Media) Should Stop Lying About Repos

My patience has been exhausted. By Wolf Richter for WOLF STREET. On January 9, the Wall Street Journal ran an article about the Fed’s repo operations with this headline: “Fed Adds $83.1 Billion in Short-term Money to Markets.” This is what the headline looks like: The article then said that the New York Fed “added $83.1 billion in temporary liquidity … Read more

Nearly 40% of U.S.-listed stocks are loss-making

WSJ: Money-Losing Companies Mushroom Even as Stocks Hit New Highs The percentage of listed companies in the red is close to 40% Analysts made larger cuts than avg to earnings estimates for Q4 2019; on a per-share basis, estimated earnings for Q4 decreased by 4.7% from September 30 thru December 31 [larger % decline than 5y … Read more

3 Steps To An Earnings Turnaround

by UPFINA In this expansion, past economic performance doesn’t indicate future trends. We’ve had 3 slowdowns in this expansion. At the worst point in the prior 2 slowdowns, it looked like the economy was headed for a recession, but it was actually a great time to buy stocks. The stock market decline in Q4 2018 was … Read more

Continuing Jobless Claims now rising the most since the Great Recession.

Another predicament. Continuing Jobless Claims now rising the most since the Great Recession. This index tracks the unemployment rate with an exceptional 0.97 correlation since 1968! Keep this in mind.The labor market holds the key for the business cycle. pic.twitter.com/tScvtwgyOe — Otavio (Tavi) Costa (@TaviCosta) January 10, 2020 Growth in total hours worked has slowed … Read more

How the US war-state ‘wasted’ $11 trillion

https://www.youtube.com/watch?v=LxbGbROxMLA Economist and founder of Democracy at Work Dr. Richard Wolff joins Rick Sanchez to discuss the bizarre economics of Washington’s military interventions abroad. He explains how the war lobby actually incentivizes endless and destructive conflict.

Sen. Feinstein on Pelosi Holding Impeachment Articles: “I don’t know what happened there – I did not mean to say that.”

Dustin Gardiner Verified account @dustingardiner Sen. Feinstein has recanted her comments — criticizing Pelosi for holding impeachment articles — in epic fashion: “I don’t know what happened there,” she told me. “I did not mean to say that.” STORY HERE: https://www.sfchronicle.com/bayarea/article/Nancy-Pelosi-on-impeachment-articles-I-ll-14962235.php Sen. Feinstein has recanted her comments — criticizing Pelosi for holding impeachment articles — … Read more

At Least 2 Reasons US-Iran Crisis NOT Over, And What It Means For Markets

https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/2ReasonsUS-IranCrisisNotOverSilverDoctorsLive01-10-20.mp3 Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS Is resolving the crisis with Iran really that simple, or could there be other reasons why Trump stood down on retaliating against Iran’s “show of force” strikes… Mike & Half Dollar are your hosts for Silver Doctors Live. We currently live-stream on Mondays, Wednesdays and Fridays at 11:00 a.m. EST. Watch … Read more

How our presidents became elected Kings

by Fabius Maximus  Summary: Presidential power has been growing for generations. Nothing can stop it except impeachment and removal of a president. Until we find the will to use this tool, presidents will continue to regard us with contempt. Rightly so. We can prevent the eternal reoccurrence of tyrants. Photo 10770928 © Desktopnotions – Dreamstime. I … Read more

Boeing employees’ communications reveal they thought the 737 max was “designed by clowns who in turn are supervised by monkeys”

The release of a batch of internal messages has raised more questions about the safety of Boeing’s 737 Max. In one of the communications an employee said the plane was “designed by clowns”. The plane maker described the communications as “completely unacceptable”. The 737 Max was grounded in March 2019 after two fatal crashes in … Read more

IRS Free File Now Available

by SDAztec74​ IRS Free Filing is now available for those with income below $69,000. IRS Free Fillable Forms will not be available until January 27th, the date which the IRS will begin accepting and processing tax returns for individual filers. Go through the IRS site if you don’t want “free” versions of software like TurboTax … Read more

MILLENNIALS can now make $100,000 a year working for TACO BELL

Millennials are now considered “generation broke” with their insurmountable student debts, near-record auto loans, high credit card balances with rates at two-decade highs, and limited savings. Many are stuck in the gig-economy with more than one job. Finding a high-paying job this late in an economic expansion is hard to come across. So paging all … Read more