By Arthur Berman Oil price lost 44% of its value late last year. That price collapse was a signal to tight oil companies to stop over-producing. The message will be repeated until action results. From October 3 to December 24 2018, WTI fell from $76.41 to $42.53 (Figure 1). Figure 1. The oil-price collapse of … Read more
by Troy Today’s biggest news was that the Fed predicts no more rate hikes this year. Given that we are extremely late in this economic expansion cycle, this probably means that the Fed is also done hiking rates for this economic expansion cycle. Of course, the news outlets and social media took this as “the … Read more
by DCG From Baltimore Sun: Baltimore Mayor Catherine E. Pugh has resigned from the board of the University of Maryland Medical System following a controversy involving a deal with the hospital system to buy her children’s books. Last week, Pugh (demorat) and others on the health system’s board were criticized by Gov. Larry Hogan (R) and top … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Crackdown on lending shenanigans and bank misconduct plus an onslaught of new condos at worst possible time worry the RBA. The Reserve Bank of Australia has kept its policy rate at the historic low of 1.5% for the 31st month in a row, to do what it can to keep Australia’s … Read more
This is a great example of how smart, honest journalists can use the Freedom of Information Act (FOIA) not only as a resource for holding government accountable but also each other. The Washington Free Beacon’s Brent Scher used the government’s online FOIA database to count FOIA requests submitted to the Environmental Protection Agency (EPA) by the New York Times, … Read more
THE SCIENCE IS SETTLED: Research Shows Gun Control Laws Do Not Reduce Violent Crime or Suicides. “California’s comprehensive background check and misdemeanor violence prohibition policies and firearm mortality” by Daniel Webster, ScD, MPH, Garen Wintemute, MD, MPH, et al, in February’s Annals of Epidemiology. We love this one, because it is one of the few from … Read more
via medium: For parents (and students) who might be out there right now fretting over college tuition and applications and aren’t rich Hollywood players , here are some college alternatives to consider. Free yourself from the “labels” of elite institutions. If they’re thinking of becoming a lawyer (but seriously, how many more of those do we … Read more
Anyone see this last night? She belongs on CNN, no straight answer and very argumentative. AC
● Peak 2020: Beto Once Presented a “Verdant Turd” to His Wife as an Avocado. ● Beto O’Rourke ate dirt after losing to Ted Cruz. ● Baristas to Beto: Get off the countertops. I’m hope you’re sitting down for this last item: ● O’Rourke rocked by major scandal: He once supported basic fiscal responsibility. If 2016 was any indication, that’s … Read more
via Justine Hall Many people are seeing a decrease in tax refunds from Uncle Sam this year. Tax planning expert Chris Hennessey discussed this, the impact the Tax Cuts and Jobs Act is having on certain states, and the six-year planning window ahead for those looking to pay a lower rate on their investment income. Why … Read more
So how do we stop the 1%, .01% and the .00025 with a tool that is actually effective? Obviously the ‘Occupy Movement’ was a failure for many reasons with the most glaring being it was hijacked by the wealthy. Turning it into a circus by injecting emotional false flg issues that had nothing to do … Read more
Amanda Becker from Yahoo News reports, Senator Elizabeth Warren, one of more than a dozen Democrats vying for the 2020 presidential nomination, at a CNN Town Hall on Monday explicitly called for the scrapping of the electoral college, for the First time. https://www.youtube.com/watch?v=s3fGneW4Kyk Read More/Source/Credit/FairUse: https://news.yahoo.com/warren-calls-s…
by Natura Naturans Israel Needs to Give Palestinians back their Land, their water, their liberty, and their lives.
by FS The global economy has continued to slow this year and, although the U.S. has remained resilient so far, our Financial Sense Leading Economic Indicator (LEI) for the U.S. just took a big nosedive into negative territory. Source: Bloomberg, Financial Sense Wealth Management. Note: Past performance is no guarantee of future results Here’s what … Read more
Paulina Likos from The Daily Caller reports, With millions of new jobs created, President Donald Trump has had his fair share of economic accomplishments. In foreign policy, the United States is now making better deals with other countries. https://www.youtube.com/watch?v=cBLCrl4swTI Read More/Source/Credit/FairUse: https://dailycaller.com/2019/03/18/tr…
Kristinn Taylor from The Gateway Pundit reports, A source with intimate knowledge of the situation is claiming two Fox News hosts, Bret Baier and Shepard Smith secretly maneuvered to get Judge Jeanine Pirro suspended over her controversial remarks about Muslim Rep. Ilhan Omar (D-MN), Both have denied the allegations. https://www.youtube.com/watch?v=sKc0qVdZw0Q Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019… … Read more
Things are heating up for Jussie Smolette as the net is now being cast wider to catch more fish. Emily Zanotti from The Daily Wire reports, Chicago’s Fraternal Order of Police is OFFICIALLY requesting a federal investigation into whether the Cook County State’s Attorney, Kim Foxx, tried to interfere into the department’s investigation of “Empire” … Read more
From Birch Gold Group The Social Security system is expected to have enormous financial pressures placed on its back for the next two decades. If nothing is done, in 2034 the clock will be ticking for this and other entitlement programs like Medicare. But a “tipping point” may be coming faster than most people think. Former Fed Chair Alan Greenspan … Read more
by WARREN MOSLER Rolling over: A growing list of companies from FedEx to BMW are warning about the world economy Executives at FedEx, BMW, UBS and others are describing bleak macro-economic conditions around the world this week, which they say are weighing on business. The head of UBS says it was “one of the … Read more
I have been wrong at least as many times as I have been right when it comes to predicting the stock market… but I think this is interesting and hard to refuse. 1. No interest rate hike or cut today. No action anticipated for the rest of the year (until today they were expected to … Read more
https://www.youtube.com/watch?v=OYWaX-C5xfA For More Information See: http://endoftheamericandream.com/archives/its-happening-the-most-dangerous-volcano-in-north-america-just-erupted-and-shot-ash-nearly-a-mile-into-the-sky https://www.reuters.com/article/us-health-flu-who/world-must-prepare-for-inevitable-next-flu-pandemic-who-says-idUSKBN1QS1EP https://www.livescience.com/64992-how-flu-becomes-pandemic.html https://www.usatoday.com/story/news/nation/2019/03/20/midwest-flooding-nebraska-iowa-missouri-could-last-all-spring/3220970002/ https://www.bbc.com/news/world-africa-47624156 https://www.apnews.com/7a97a43b67e74002a44d26e51878bfe3 https://www.aljazeera.com/news/2019/03/evacuations-australian-island-tropical-cyclone-trevor-190320115905386.html https://www.accuweather.com/en/weather-news/breaking-earthquake-rattles-southwestern-turkey/70007750 https://www.pressherald.com/2019/03/19/u-s-breaking-more-records-for-heat-than-cold-analysis-finds/ https://www.beckershospitalreview.com/quality/cdc-head-congo-s-ebola-outbreak-could-last-another-year.html https://www.scientificamerican.com/article/violence-propels-ebola-outbreak-toward-1-000-cases/ https://mynbc15.com/news/local/nws-confirms-16th-twister-from-alabama-outbreak-03-20-2019 http://fortune.com/2019/03/19/measles-outbreak-oregon-washington-counts-79-cases/ https://www.sfchronicle.com/news/article/NE-Alabama-hepatitis-A-outbreak-grows-13701328.php https://www.courier-journal.com/story/news/2019/03/12/kentucky-hepatitis-outbreak-death-toll-rises-44/3138798002/ https://www.courier-journal.com/story/news/2019/03/12/kentucky-hepatitis-outbreak-death-toll-rises-44/3138798002/
by howmuch There may be more financial planning to be done in the next ten years than there are financial planners. As the U.S. population ages and Baby Boomers begin to retire, the Bureau of Labor Statistics suspects that their services will be a hot commodity and that the field will grow faster than others in the same … Read more
In a recent poll, roughly 70% of Americans expressed satisfaction with the current state of the economy. And, in general, there’s a lot to be pleased about. The markets have performed well over the past year and many investors are riding high. However, as any experienced entrepreneur will tell you, what comes up will invariably … Read more
by GoldCore In the just release Goldnomics Podcast (Episode 11), Mark O’Byrne and Stephen Flood are interviewed by Dave Russell as they discuss the systemic challenges facing our planet and the five key ways to prosper in the coming global crisis. Topics considered are – Political, financial, economic and monetary systems are failing and will … Read more
Border Patrol says detention centers are full; Starts releasing migrants… The Border Patrol released 50 recently apprehended migrants here Tuesday, the first of several hundred border-crossers who officials say will soon be freed because there is no room to hold them. Normally, the Border Patrol would transfer the migrants to Immigration and Customs Enforcement to be “processed” … Read more