By Tom Kool Oil prices soared early on Friday morning after U.S. forces in Iraq assassinated Iran’s most powerful and visible military leader, Qassem Soleimani. The United States killed the Iranian general in an airstrike early on Friday morning according to Pentagon reports. Influential Iraqi militia commander and advisor to Soleimani, Abu Mahdi al-Muhandis, was … Read more
Those smart TVs that sold for unheard of low prices over the holidays come with a catch. The price is super low, but the manufacturers get to monitor what you’re watching and report back to third parties, for a fee. Or, in some cases, companies like Amazon (with its Fire TV branded sets from Toshiba and … Read more
I think these swarms are evidence of military training and it’ll become common knowledge the more they pop up. The strange lights began appearing in the night sky a week before Christmas. A formation of unidentified drones, some in groups of 30, have been reported flying high above a corner of rural northeastern Colorado and … Read more
by UPFINA The November International Trade in Goods report showed a lower deficit than expected which raised GDP growth forecasts. Specifically, the deficit was $63.2 billion which was much below the consensus of $69.5 billion and even below the lowest estimate which was $65 billion. It fell from $66.8 billion in October. Exports were up 0.7% … Read more
Central banks have broken economics.Caught in a trap they themselves created, where nothing works the way it's 'supposed' to now.(God help us on the next down turn)@DiMartinoBooth @paranoidbull https://t.co/7KYiSFWeHf — Markets-like people-should be free-TQN-👑 (@TechQn) January 2, 2020 Note the correlation of Fed balance sheet expansion to market gain over 4 months. https://t.co/OikIfCbYPr — David … Read more
https://twitter.com/DavidInglesTV/status/1212622166237184001
by JebusJM Hey all, this is my first time actually contributing to the sub. Usually I come here for advice but now I have some for you. At the end of 2018 I downloaded a budget template and logged all transactions throughout 2019 and I have never felt more in control of my finances. By … Read more
by jeweled_sky The year is 2017, my parents had a successful real estate business with over a dozen rental properties and several fix and flip projects in production. Our assets totaled a million and a half after paying off all loans if we ever liquidated everything. Which we did, and that’s just the tip of … Read more
Police Tracked a Terror Suspect—Until His Phone Went Dark After a Facebook Warning. A team of European law-enforcement officials was hot on the trail of a potential terror plot in October, fearing an attack during Christmas season, when their keyhole into a suspect’s phone went dark. WhatsApp, Facebook Inc. ’s popular messaging tool, had just … Read more
By John Mauldin Ignoring problems rarely solves them. You need to deal with them—not just the effects, but the underlying causes, or else they usually get worse. In the developed world and especially the US, and even in China, our economic challenges are rapidly approaching that point. Things that would have been easily fixed a … Read more
Iraqi TV: Iranian military commander General Soleimani killed in Baghdad strike. “Gen. Qassim Soleimani, the head of Iran’s elite Quds Force, was killed in an airstrike at Baghdad’s international airport Friday, Iraqi television and three Iraqi officials said. The strike also killed Abu Mahdi al-Muhandis, the deputy commander of Iran-backed militias known as the Popular Mobilization … Read more
Iraqi caretaker PM Abdul-Mahdi: The attack is a breach of the deal that permits US presence in Iraq. Called parliament for an extraordinary meeting. UPDATES: • Iraqi caretaker PM Abdul-Mahdi: The attack is a breach of the deal that permits US presence in Iraq. Called parliament for an extraordinary meeting • Iran’s Khamenei is participating … Read more
Didn’t both Roger Stone and Flynn go to Jail for “changing their story?” I’m sorry doesn’t cut it. He needs to be prosecuted! AC
https://www.breitbart.com/politics/2019/…ter-rolls/ Stacey Abrams Fails to Reinstate 100K Voter Registrations to Voter Rolls Failed Democrat gubernatorial candidate Stacey Abrams failed to convince a federal judge that nearly 100,000 inactive voter registrations should be reinstated to Georgia’s voter rolls. In a ruling this week, U.S. District Court Judge Steve Jones denied an attempt by Abrams’ Fair Fight … Read more
https://www.youtube.com/watch?v=Ju0VtkrjBe4 Henry Rodgers from The Daily Caller reports, Republican Louisiana Sen. John Kennedy on Sunday explained how he would like to see the Senate run the impeachment trial against President Donald Trump. Appearing on CNN’s “State of the Union,” Kennedy was asked if the American people would think the impeachment trial would be fair if … Read more
https://www.youtube.com/watch?v=1aD4BXQj7KY Virginia Kruta from the Daily Caller reports, CBS reporter Major Garrett said Sunday that President Donald Trump’s overall record with minorities was one that any third-year president “would want to claim.” Read More/Source/Credit/FairUse: https://dailycaller.com/2019/12/29/cb…
Despite the stock market being significantly larger than the balance sheet of the Fed, it’s clearly apparent that every move they make has a direct and profound impact on what happens. Fed meetings have every investors on the edge of their seat, awaiting the next rate cut to soothe their anxiety. They need that drip … Read more
Authored by John Mauldin via MauldinEconomics.com, Let’s address an elephant in the room: the rapidly expanding federal debt. Each annual deficit raises the total debt and forces the Treasury to issue more debt, in hopes someone will buy it. The US government ran a $343 billion deficit in the first two months of fiscal 2020 (October and November), … Read more
