QUESTIONS ASKED AND ANSWERED: Where are New Yorkers headed? “New Yorkers are leaving the state in droves. Where are they going—and what are they earning when they get there? Based on just-updated federal tax return data through 2017-18, the Empire Center’s exclusive rollover map provides some answers.” Meanwhile, in the other big blue parenthesis state, “California added more … Read more
The rich and famous are preparing for the worst and vying to get their hands on doomsday-proof bunkers Larry Hall is the brainchild behind such luxury developments which he refers to as ‘Survival Condos’ Survival condos are designed to hold up to 70 people and have enough resources to keep them alive for years Some … Read more
by Shaun Richards Firstly welcome to the new year and for some the new decade ( as you could argue it starts in 2021). The break has in some ways felt long and in other ways short but we have begun a new year with something familiar. After the 733 interest-rate cuts of the credit … Read more
‘I hate the people who hate him.’ Impeachment is shaping up as unpredictably explosive, but not in the way imagined. There are lots of things that we do know about the present impeachment of Donald Trump — and we know that there are even more areas that remain unknown. Quietly, the approval ratings of Trump … Read more
NEW YEAR’S RESOLUTION FOR THE MAINSTREAM MEDIA: Stop Lying. Ever since Donald Trump declared for the presidency, the mainstream media—apparently to protect us and themselves from the dreaded Donald (even though his candidacy and presidency were enriching many of them as never before)—have given themselves permission to lie about and/or distort and/or exaggerate almost everything they say about … Read more
https://twitter.com/MarkDice/status/1212211629573586944 CNN: DECENCY IS UNDER ATTACK IN TRUMP'S AMERICA!! HIS VULGAR TWEETS ARE HURTING OUR CHILDREN. Also CNN: Let's swap cock stories on live television during New Years! — Carpe Donktum🔹 (@CarpeDonktum) January 1, 2020
Via National Review A lot has happened in the last decade — including a lot of things being called racist, sexist, offensive, or insensitive. Here, in no particular order, are 24 of the most absurdly politically correct moments of the decade: 1. A college diversity-training course taught that it was culturally insensitive to expect people to … Read more
via 321gold While I happen to be a giant fan of the Daily Sentiment Index I also use a bunch of other signals. The DSI is the single best indicator I’ve found but there are dozens of other measures of investor sentiment. If you are a contrarian, you search constantly for some way of figuring out what investors … Read more
Talk Digital Network, Released on 1/1/20 Everything is coming up roses for Donald Trump, impeachment is a major non-event. Yet there are still things that can bring him down. A stock market collapse, a credit collapse or a geo-political event that kills the economy. Junk bonds are now booming, a late cycle event that is … Read more
by Chris Vermeulen of The Technical Traders The US stock market has recently rallied throughout most of the last year after the very deep downside price rotation in late 2018. Our researchers believe there is a very high likelihood of this trend continuing in early 2020, yet we would need to see confirmation across various broader indicators before … Read more
By Mining.com Engineers at the University of Illinois have developed an electrolyte that could help manufacturers produce recyclable, self-healing commercial batteries. In a study published in the Journal of the American Chemical Society, the researchers said that they have created a solid polymer-based electrolyte that can self-heal after damage—and the material can also be recycled without the use … Read more
by Michael Snyder Many of us are expecting 2020 to be a very unusual year, and it certainly didn’t take long for the weirdness to start. In this article I am going to share several examples of this weirdness with you, and I have a feeling that this is just the beginning of what we … Read more
by Michael Snyder If this is what “the good times” look like, how nightmarish are “the bad times” going to be? In America today, more than 500,000 of us are homeless, about 40 million of us are living in poverty, 50 percent of all workers make less than $33,000 a year, and 70 percent of us have cried … Read more
Prices fall year-over-year in San Francisco Bay Area & New York condo market. Seattle below June 2018. Chicago nearly flat year-over-year. Other markets lose steam. Phoenix, Tampa, Charlotte surge. By Wolf Richter for WOLF STREET. Powered by the innumerable millionaires and multimillionaires that the mega IPOs would be suddenly printing in 2019, home prices in the San Francisco … Read more
by Charles Hugh-Smith One day the stock market ‘falcon’ will no longer hear the Fed ‘falconer’, and the Pavlovian magical thinking will break down as the market goes bidless. The past decade has shown that when the Federal Reserve creates trillions of dollars out of thin air (QE), U.S. stocks rise accordingly. The correlation is very … Read more
earnings growth collapsed – basically all the fiscal injections and frontloading, or basically let's call it a sugar high – is over – that's why trump admin has been begging for nirp, qe-4 and 5, and emergency tax cuts pic.twitter.com/MnjlBmrDxh — Alastair (@StockBoardAsset) January 1, 2020 This is a super interesting chart: normally one would … Read more
As the cost of college continues to rise, student loan debt has reached an all-time high. The combination is putting a particularly troublesome pressure on borrowers, one expert says. “Student loan debt is super debt, even worse than a mortgage on your house,” Michael Calhoun, the president of the Center for Responsible Lending, said on Yahoo Finance’s YFi PM. Just … Read more
One of the more unique aspects of Apple stock has been the company’s historically low price-to-earnings, or P/E, ratio compared with its megacap tech peers. The P/E ratio has long been a key metric used on Wall Street to determine whether a stock is fairly valued. Apple’s P/E ratio steadily climbed this year alongside its … Read more
by DCG At the end of 2019 Mayor Bill de Blasio claimed that New York City Is ‘safest big city in America.” Demorats….delusional as always. Excerpts from the NY Post report: “New York is in a State of Decline. Despite the nation’s longest economic expansion, the Empire State is actually losing population, an analysis of US Census data released Monday … Read more
https://mysteriousuniverse.org/2020/01/faa-issues-ruling-and-begins-investigation-of-mysterious-giant-drones-in-colorado-and-nebraska/ I’ve been in contact with the FAA regarding the heavy drone activity in Eastern Colorado and I’m encouraged that they’ve opened a full investigation to learn the source and purpose of the drones. I will continue to closely monitor the situation. — Cory Gardner (@SenCoryGardner) December 31, 2019 https://ijr.com/faa-probes-clusters-of-mysterious-drones-flying-over-colorado/ Most recently, the US Air … Read more