Intel falls after revenue misses

Earnings: $1.22 per share as expected by analysts, excluding certain items, according to Refinitiv. Revenue: $19.01 billion as expected by analysts, according to Refinitiv. https://www.cnbc.com/2019/01/24/intel-earnings-q4-2018.html

The Collapse Has Already Begun. Watch Out For China!

by Amy S. Despite constant reassurances from federal overseers, Americans are becoming increasingly aware of the economy’s frail nature. While media pundits and analysts desperately push the failure of central planning and Keynesian economics, these five experts continue to be proven …

READ MORE

The 27 Cities With a Mortgage Problem

By Harry Dent Look at this insanity… I would never have thought this many major cities would have 11%-plus mortgages underwater… especially not at the top of a second real estate bubble. How bad will it be when we move into the …

READ MORE

10 Years Later & True As Ever

https://twitter.com/NorthmanTrader/status/1088541616514785282 The rant spiced with the Irish brogue is a nice touch. I especially like when he says “ahsholes”. “Wanking fuckin bankers”. I hope the old boy has kept his edge.   h/t Jim

COVINGTON: While We Were Distracted…

Five Stories Americans Missed While Fighting Over A Viral Video That Has No Effect On Their Lives As Americans argued over an irrelevant video of a Catholic boy in a MAGA hat staring at a Native American, multiple events took …

READ MORE

Sentiment indicators, Shutdown slowdowns

by WARREN MOSLER Euro area business growth close to stalling at 5½ year low in January (Markit) Flash Eurozone PMI Composite Output Index at 50.7 (51.1 in December). Services PMI Activity Index at 50.8 (51.2 in December). Manufacturing PMI Output …

READ MORE

SHUT DOWN proposal FAILED! 52-44

House-Democratic proposal to reopen the government until Feb. 8 fails in Senate by 52-44 vote. Both President Trump's proposal and the House-passed Democratic proposal have failed to meet the 60 votes needed to pass. — NBC News (@NBCNews) January 24, …

READ MORE