Snopes and AP Quit As Fact Checkers at Facebook

https://www.youtube.com/watch?v=0DusTj3ObrM Two of Facebook’s four fact checkers, Snopes and the Associated Press, have abruptly ended their fact-checking relationship with the social media giant. In a Friday press release, Snopes said that it had “elected not to renew our partnership with Facebook,” and …

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Another retailer might bite the dust…

Charlotte Russe Files for Bankruptcy SAN FRANCISCO, Feb. 4, 2019 /PRNewswire/ — Charlotte Russe Holdings Corporation together with its subsidiaries (the “Company” or “Charlotte Russe“) today announced that the Company has voluntarily filed for relief under Chapter 11 of the Bankruptcy Code …

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Big Tech Is No Longer Carrying the Stock Market

https://www.nytimes.com/2019/02/03/business/dealbook/stock-market-technology.html For much of the past decade, the fate of the stock market has been tied to the performance of a handful of the largest tech companies: Amazon, Apple, Alphabet, Facebook, Microsoft and Netflix led the market from one record …

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We know that 2018 was worst December since 1931. What happened after the worst December in 1931: A rally. Then, like, a gigantic drop.

https://twitter.com/OccupyWisdom/status/1092603156398333953 Wall Street analysts now expect S&P 500 companies to report an average 0.8 percent decline in first quarter profits, according to FactSet.At the end of September, analysts expected first quarter profits to increase by 6.7 percent, on average.📉https://t.co/SZYKrmdydR pic.twitter.com/NSTg04Ntwf …

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GE To Pay $1.5 Billion To Settle Justice Investigation Of High-Risk Mortgages

James Langford for the Washington Examiner reports, General Electric has agreed to pay $1.5 billion to settle a Justice Department investigation of high-risk mortgages handled by its lending business before the 2008 financial crisis. https://www.youtube.com/watch?v=xbqREqf-ye4 Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/bu…    

The trouble in Europe has only begun

by LoseMoneyAllWeek MacroVoices probably my favorite podcast has an amazing interview with grant Williams. This was on social risk; ie political extremeism. From the description: Erik asks Grant if we in a cyclical bear market and where he feels treasury …

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Forget earnings or macro. This is why markets have rallied.

Since Powell backtracked and the PBOC stepped up liquidity injections, global money supply has roundtripped to March 18 levels. Forget earnings or macro. This is why markets have rallied. pic.twitter.com/ANxj0EcdD1 — Daniel Lacalle (@dlacalle_IA) February 5, 2019 https://twitter.com/BrentCarlileFX/status/1092754783402905605 global euphoria …

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Stock buybacks have only been legal since 1982. Look beyond the messenger and realize there’s maybe some good reasons to restrict buybacks.

Buybacks were illegal throughout most of the 20th century because they were considered a form of stock market manipulation. But in 1982, the Securities and Exchange Commission passed rule 10b-18, which created a legal process for buybacks and opened the floodgates for companies …

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Consensus is Not Science

by Playaguy The late Michael Crichton, MD, author, film producer, put it this way: “I want to pause here and talk about this notion of consensus, and the rise of what has been called consensus science. I regard consensus science …

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On-going Canadian Crypto Exchange scandal — #1 Canadian exchange QuadrigaCX shuts down amid sole director’s sudden “death” in India, losing $150-250m in funds — lots of twists and turns, things aren’t adding up.

by RDS QuadrigaCX was the #1 canadian crypto exchange, had over 100,000 active accounts and has lost approx $150-$250M dollars of creditor’s funds (~$70M fiat and $150M crypto). For more information, see here: https://www.coindesk.com/quadriga-creditor-protection-filing CBC coverage: https://www.youtube.com/watch?v=2RO9-DcCP0c&feature=youtu.be (thousands of clients is …

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Robert Mueller Is A Coward And A Liar

by Raúl Ilargi Meijer Rembrandt van Rijn Aristotle Contemplating a Bust of Homer 1653  That statement is going to make me real popular, right? Any criticism of Robert Mueller for many people equals support for President Trump. But it doesn’t, and Mueller …

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