An “Unprecedented Divergence” Has Opened Between Stocks And Earnings

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via Zerohedge Yesterday, when looking at the composition of the ongoing market meltup, Morgan Stanley flagged just how uneven the leadership distribution has become highlighting the “other 1 percent”, namely the handful of tech names that have been responsible for the bulk of the S&P’s move higher in 2019, and noting “that in a world of low … Read more

Do you have a backup generator?

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by Simon Black The news headlines read, “Deadly 6.4 Magnitude Earthquake Plunges Puerto Rico into Darkness”; and “Powerful Puerto Rico Earthquake Knocks Out Entire Island’s Power.” It was enough to prompt my mother to call, four times, to make sure I was OK. There’s been a string of fairly strong earthquakes lately in Puerto Rico… which is incredibly … Read more

A Fearful Fed Keeps Pouring Money into the Repo Market

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by Ryan McMaken of Mises Institute The Fed announced on Thursday it is adding another $83 billion in “in temporary liquidity to financial markets.” And, in a development that will surprise no cynic anywhere, the Fed also noted that it “may keep adding temporary money to markets for longer than policy makers had expected in September.” Specifically, this was another … Read more

“GREEN ENERGY” MYTH BUSTED – 50,000 tons of used wind turbine blades in the landfill

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BY SRSROCCO Funny, no one seemed to consider what to do with the massive amount of wind turbine blades once they reached the end of their lifespan.  Thus, the irony of the present-day Green Energy Movement is the dumping of thousands of tons of “non-recyclable” supposedly renewable wind turbine blades in the country’s landfills. Who … Read more

Judicial Watch sues Schiff even as Senate is afraid to ask him questions over his abuse of President Trump.

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by TFittonJW Not intimidated by Schiff. Judicial Watch sued Schiff in federal court for docs on his illicit subpoenas for phone records of Trump’s lawyer and other innocent Americans. https://www.judicialwatch.org/press-releases/judicial-watch-sues-rep-schiff-and-the-house-intelligence-committee-for-phone-subpoenas-targeting-trump/    

Facebook told advertisers it can identify teens feeling ‘insecure’ and ‘worthless’

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Leaked documents said to describe how the social network shares psychological insights on young people with advertisers Facebook showed advertisers how it has the capacity to identify when teenagers feel “insecure”, “worthless” and “need a confidence boost”, according to a leaked documents based on research quietly conducted by the social network. The internal report produced … Read more

Iraq considers buying Russian S-400 missile system as Mideast tensions boil… US rejects Iraq request to discuss troop withdrawal

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The Iraqi government has gravitated toward the Russian defense industry amid simmering tensions between Washington and Baghdad after the killing of top Iranian General Qassem Soleimani, in a move that might trigger U.S. sanctions. Members of the Iraqi parliament said the country was considering purchasing the Russian-made S-400 air defense missile systems, the Wall Street … Read more

Tesla hit $500 and 90B Market cap. If it grows 10% more Elon will get hist first portion of his compensation which is 1% of Tesla’s current total outstanding shares.

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by Aboly CEO Performance Award Details The performance award consists of a 10-year grant of stock options that vests in 12 tranches. Each of the 12 tranches vests only if a pair of milestones are both met. Market Cap Milestones: To meet the first market cap milestone, Tesla’s current market cap must increase to $100 … Read more

Squad Member AOC REFUSES to pay $250,000 in dues she owes the Democratic Congressional Campaign Committee

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New York Representative Alexandra Ocasio-Cortez is holding back $250,000 in dues she owes the Democratic Congressional Campaign Committee AOC says she won’t pay up because she doesn’t see why she should give ‘to an organization that has clearly told people like me that we’re not welcome’  The dues, paid from her campaign fundraising, are earmarked … Read more

Why Are Volcanoes All Over The Globe Suddenly Shooting Giant Clouds Of Ash Miles Into The Air?

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by Michael Snyder There certainly hasn’t been a lack of seismic activity so far in 2020.  Just a few days ago, I wrote about the horrific earthquake swarm that Puerto Rico is currently experiencing.  More than 1,000 earthquakes have rattled Puerto Rico so far, and as you will see below, it was just hit by another very … Read more

YOU KNOW, THIS WHOLE IMPEACHMENT THING IS SHAPING UP TO BE THE BEST REALITY SHOW OF 2020:

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DEVELOPING: Gov't watchdogs raising concerns Hunter Biden's political gifts to several Senate Dems–inclg Leahy, Menendez,Booker,Whitehouse,Cardin,Cantwell–may transgress Senate "conflict of interest" rules & possibly trigger recusal requirements during Senate impeachment voting — Paul Sperry (@paulsperry_) January 12, 2020   h/t GR

The worst problem for Bloomberg is that he’s spending huge sums on TV ads, but when he’s on them and talks, he’s such a turnoff. Zero charisma.

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LITTLE MIKEY CAN’T DRAW A CROWD: Small showing for Bloomberg rally with Judge Judy despite campaign’s big spending. “Former New York Mayor Michael Bloomberg claims he is ready to spend more than $1 billion in an effort to oust President Trump, but money may not be bringing supporters to his campaign. Just 45 people showed up to … Read more