by Michael Snyder If you have a good paying job, you should probably try to hold on to it as hard as you can, because those types of jobs are steadily becoming rarer. Since 1990, the U.S. economy has produced millions of jobs, but as you will see below nearly two-thirds of them have been … Read more
by Michael Snyder We are facing a corporate debt bomb that is far, far greater than what we faced in 2008, and we are being warned that this “unexploded bomb” will “amplify everything” once the financial system starts melting down. Thanks to exceedingly low interest rates, over the last decade U.S. corporations have been able … Read more
Image source: Depositphotos.com Is a global recession imminent? According to a recent report by Swiss bank UBS, wealthy investors throughout the world are holding onto their cash in readiness for possible turmoil in 2020. More than half of those surveyed predict recession within the next twelve months, while almost all are concerned about the ongoing … Read more
Obama: ‘I Don’t Care’ Whether You’ll Like the Nominee, Just Vote Democrat. On Thursday, former President Barack Obama was the main guest at a fundraiser in Silicon Valley. When asked a question about the many candidates running, he told those present that he couldn’t care less whether they’d like the eventual nominee. They just have … Read more
by Chris Vermeulen of The Technical Traders One type of Fibonacci price structure we use to attempt to measure price trends and identify potential tops/bottoms is the “100% Measured Move” structure. This is a price structure where a previous price move is almost perfectly replicated in a subsequent price trend after a brief period of retracement or price … Read more
By Simon Watkins Ever since the U.S. signalled through its effective withdrawal from Syria that it now has little interest in becoming involved in military actions in the Middle East, the door has been fully opened to China and Russia to advance their ambitions in the region. For Russia, the Middle East offers a key military pivot … Read more
A Norwegian Cruise Line ship docked in California on Sunday after approximately 19 people aboard grew ill officials said. The patients aboard the Joy cruise ship reported an “unspecified illness,” according to the Los Angeles Fire Department. The ship docked at the Port of Los Angeles in San Pedro. #EnvironmentalExposure; INC#0257; 6:30AM; Berth 92 Spd; https://t.co/l3DE4BeU6Q; #SanPedro; LAFD has resources on standby to … Read more
Democratic leaders say “we need a candidate who can appeal to Trump voters and independents” Then they say, “something is wrong with Tulsi because she appeals to a lot of Trump voters and independents” What’s up with that? h/t GreedyMoose1
Until now, China had largely kept the key hurdles in the ongoing US-China trade talks close to the vest, fearful that “breaking the embargo” so to speak on what have been confidential talks so far, could anger the US side. Now in a surprise diplomatic reversal, one which has the intent of signaling to the … Read more
4 minute video of a classic Carlin routine. Worth the time it takes to watch! In this video he does an excellent job of explaining the difference between rights and privileges. h/t OB1_kenobi
Burial? Too expensive! Cremation? Who wants an urn? Let’s just put grandma in the compost pile! World’s First Human Composting Facility is Coming to Seattle in 2021 In November, around 75 people attended what was described by the Seattle Times as “a housewarming party for a funeral home where bodies would not be burned or … Read more
Wall St. For Main St., Released on 11/30/19 The Fed’s official balance sheet has now increased by $292.93 billion dollars since the end of August 2019. Track the Fed’s Official Balance Sheet here: https://fred.stlouisfed.org/series/WALCL Track the NY Fed’s Daily Repo Operations Here: https://apps.newyorkfed.org/markets/a… Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason … Read more
Millions of Americans face losing access to food assistance under proposed rule changes by the Trump administration, a new analysis has found. The changes, if they had been instituted last year, would have resulted in 3.7 million fewer people and 2.1m fewer households receiving the Supplemental Nutrition Assistance Program, known as Snap or food stamps, during an … Read more
by RocketSurgeon22 https://www1.nyc.gov/site/hra/help/sota.page This enables all kinds of schemes. They can claim 3000 NY homeless to register in NC and never actually live there. They can then mail in votes Companies in Cali are moving to Texas. The media is really promoting a land slide for Trump. Expect new tricks like this one. RALEIGH, N.C. (WNCN) … Read more
A key piece of the puzzle. Bloomberg personal finance survey now plunging after retesting tech bubble peak levels. Consumer data is clearly rolling over. Corporate earnings are already contracting with appalling CEO & CFO confidence. Labor market is probably next. pic.twitter.com/KgrT4ueiG2 — Otavio (Tavi) Costa (@TaviCosta) November 30, 2019 pic.twitter.com/UyLnSs0FjW — Alastair (@StockBoardAsset) December 1, … Read more
And that matches with a perfect set of DeMark counts… between now and the next three weeks. It doesn't mean vol needs to explode, it might carve out a low before moving higher in Jan/Feb. pic.twitter.com/h1vFQUO8Br — Raoul Pal (@RaoulGMI) December 1, 2019
via WSB: For all you autists out there this is the method for the all new, Robinhood Infinite Money Glitch! What you have to do is find a company that offers high payouts for short term, low risk iron condors. For example you can buy two out of the money calls and two in the … Read more
Democrats Are Rigging The Primaries Again And The Backlash Will Drive Voters To Trump Just Like 2016. How is it that Sleepy Creepy Joe Biden is the front runner for the Democrats? Perhaps its just name recognition and most Americans don;t actually care. Biden is familiar so he likely gets support by default. But when … Read more
With my ongoing playlist How To and Solutions, I have been trying to ensure that everyone has the basics down pact. We didn’t get this from school. We probably didn’t get this from family, friends, or coworkers. We need to learn this information. In The Money GPS, I’ve tried to simply and distill information as … Read more
