BY JOHN RUBINO Of all the amazing scenes in The Big Short, a film about the genesis of the Great Recession, arguably the most shocking is the meeting between a couple of hedge fund managers trying to understand the housing bubble and “Georgia,” a (in a bit of symbolic overkill) visually-impaired executive with the Standard & Poor’s … Read more
by howmuch Economic growth headlines the news in good times and bad. Financial analysts continually forecast and tweak outlooks for the U.S. and the global economy. With the holiday season coming to an end, Americans spent 3.4% more than the prior year on top of an 18.8% growth in online sales. Although the political focus has been … Read more
Media’s Deafening Silence On Latest WikiLeaks Drops Is Its Own Scandal WikiLeaks has published yet another set of leaked internal documents from within the Organisation for the Prohibition of Chemical Weapons (OPCW) adding even more material to the mountain of evidence that we’ve been lied to about an alleged chemical weapons attack in Douma, Syria … Read more
So Biden would put fossil fuel execs in jail for pollution? Isn't son Hunter an exec in Burisma, a fossil fuel gas company? So Joe wants his son put in jail? https://t.co/UufkXQiiyK — Ambassador Mike Huckabee (@GovMikeHuckabee) December 30, 2019 h/t dr0id
By Jared Dillian The stock market is the opiate of the masses. Oh sure, the days of watching Jim Cramer mash buttons on his console with his sleeves rolled up to his armpits are pretty much over. And nobody really day trades anymore, except for masochists. And, despite a 10,000-point rise in the Dow since … Read more
by Robert Ross Doom and gloom predictions about the stock market drive click. I get it. But those predictions have fallen flat for 10 years straight. US stocks keep marching higher, and history’s longest bull market keeps getting longer. Here’s a chart of the S&P 500 since February 2009. It’s climbed 325%: I’ve said before … Read more
By Robert Ross 2019 was a good year for stocks. US stocks have rocketed 28% this year. This is the second largest annual gain since 1999. And the tenth straight year stocks have climbed higher. This has a lot of investors worried that stocks could tank soon. But this bull market is far from over. My research shows … Read more
There’s no getting around the fact – no matter how much one wants to – that Rachel @Maddow’s performance on Russiagate was one of the most paranoid, unhinged and fact-free debacles of sustained media propaganda, fear-mongering, conspiracy-mongering and deceit in many years: https://t.co/wvXGpBOerS — Glenn Greenwald (@ggreenwald) December 28, 2019
swarms of giant drones in Colorado and Nebraska night sky, and nobody knows where they’re from!! Mysterious swarms of giant drones have dotted the Colorado and Nebraska night sky since last week, the Denver Post first reported. The drones appear and disappear at roughly the same time each night in swarms of at least 17 … Read more
by Charles Hugh-Smith After 11 years of “the Fed is the market” expansion, the Fed has now reduced its bloated balance sheet by 6.7%. This is normal, right? So here we are in Year 11 of the longest economic expansion/ stock market bubble in recent history, and by any measure, the hour is getting late, to … Read more
Benny Verified account @bennyjohnson Biden savaged Texans for allowing citizens to carry in church. Three months later, an armed Texas Christian dropped a church shooter with one shot. The gunman could have killed many, many more had there not been multiple armed Christians ready to defend their flock to the death Biden savaged Texans for … Read more
We’ve seen the horrible FBI abuse revealed by the IG report issued by Michael Horowitz. But what it revealed was not just the specific abuse but an attitude under former Director James Comey and deputy director Andrew McCabe that allowed such things to happen, of people thinking they were entitled to do what they want … Read more
by DCG Lawmakers have to find a way to promote themselves in order to get re-elected. One way is to make new laws that they can tout in re-election fundraising efforts. Or they find a way to bring in more “revenue” so they can give voters more free stuff, courtesy of taxpayers. Along with legalized recreational … Read more
By Julianne Geiger As the year draws to a close, the Brent and WTI oil benchmarks are trading at $66.55 and $61.54, respectively. From $60.65 to $64.50, investment bank and analyst projections for Brent crude prices next year are starting to come in. Most forecasts had the luxury of OPEC’s deeper production cuts under the … Read more
Every day, consumers are bombarded with countless advertisements and seemingly valuable retail offers. Reasonable consumer behavior is based on certain principles that ensure one’s money is well-spent. Here are five useful budgeting tips provided by Rabato. Keep Track of Bargains Effectively Today, hot deals and discounts from retailers may be found in a … Read more
https://www.youtube.com/watch?v=MeF4VEPFUUw The [DS] is now pushing their agenda with the fake impeachment, they need one of the three cases in the SC, if they cannot get this their entire case falls apart. [JB] is now panicking. Barr is now ready to expose the [DS] agenda and Haspel is now working with Durham. SR is now … Read more
by Michael Snyder A lot of people seem to have forgotten that we were literally on the brink of war with Iran earlier this year. Back in June, President Trump cancelled a major U.S. bombing mission against Iran at the last minute, and things seemed to settle down quite a bit since that time. But now … Read more
via issuesinsights: Congressional Democrats just betrayed America’s working class. The House recently passed a series of bills banning offshore energy development, a significant source of employment for blue-collar Americans. Fueled by environmental fervor, these lawmakers are willing to sacrifice opportunities for their most important constituents. There could be up to 90 billion barrels of oil and 328 trillion cubic feet of gas buried … Read more
