Preparing Your Business For Auditing

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When running a business, there are many different audits that you can get in order to improve your business. A financial audit is a little different though as it’s making sure you’re paying everything correctly and that you’re not trying to hide additional money that you’re not declaring to the taxman. So with this in … Read more

It’s Official: JPMorgan Chase Is the Riskiest Big Bank in the U.S.

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via wallstreetonparade: The National Information Center is a little-known repository of bank data collected by the Federal Reserve. It is part of the Federal Financial Institutions Examination Council (FFIEC), which was created by federal legislation to create uniformity in the examination of U.S. financial institutions by the numerous federal regulators of banks. Quietly, the National Information Center has … Read more

FITCH: “Global car sales “are likely to decline by around 3.1 million units in 2019, a larger decline than in 2008 ..”

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FITCH: “Global car sales “are likely to decline by around 3.1 million units in 2019, a larger decline than in 2008 ..” (via @FitchRatings @pattidomm) pic.twitter.com/nAaV5R8npo — Carl Quintanilla (@carlquintanilla) November 25, 2019 This sounds vaguely familiar >>Yield-crazed investors pile into US subprime car loans The market for securities backed by the riskiest US car … Read more

Could It Be Possible That “Winter Storm Ezekiel” Is Meant As Some Sort Of A Harbinger For America?

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by Michael Snyder The most powerful winter storm to hit the west coast in ages has been dubbed “Winter Storm Ezekiel”, and this “historic storm” is going to make Thanksgiving travel an absolute nightmare for millions of people.  Heavy snowfall combined with winds gusts of “over 70 mph” will create severe blizzard conditions in some … Read more

After Years of Threats, Schwab Joins Exodus, to Move Headquarters from San Francisco to Texas

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It has been shrinking its way out of the City for years. And it’s not the first major company to make the move. By Wolf Richter for WOLF STREET. “As we’ve said previously, our strategy is to maintain our headquarters in San Francisco, where the firm was founded,” said a Charles Schwab spokeswoman in December 2016. The company … Read more

How the 0.001% invest – The family offices through which the world’s wealthiest 0.001% invest are a new force in global finance

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A fascinating investing article from the Financial magazine The Economist: How the 0.001% invest Think of the upper echelons of the money-management business, and the image that springs to mind is of fusty private banks in Geneva or London’s Mayfair, with marble lobbies and fake country-house meeting-rooms designed to make their super-rich clients feel at … Read more

The current outlook for hours worked also got obliterated

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The current outlook for hours worked also got obliterated pic.twitter.com/PbsOnczbSF — Eric Basmajian (@EPBResearch) November 25, 2019 The worst part in my mind was employment. The current outlook for the number of employees fell to a cyclical low which is in-line with some of our manufacturing employment leads. pic.twitter.com/PlJkDGM8ZC — Eric Basmajian (@EPBResearch) November 25, … Read more

Who needs positive earnings when markets can rise +25-30% in ’19 on 4 qtrs of ((negative)) S&P earnings?Compare to DotCom Bubble on chart.

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Who needs positive earnings when markets can rise +25-30% in '19 on 4 qtrs of ((negative)) S&P earnings📉?Compare to DotCom Bubble on chart.🎉🍾🍸 $1T corp buyback wave, 3 Fed rate cuts + new QE program. #FedDocumentary@RobSKaplan @neelkashkari @marydalyecon @RaphaelBostic pic.twitter.com/CVQRAdOieW — M/1_LP (@MI_Investments) November 25, 2019 Stocks at all time highs despite…….🤔👇#Buybacks #LBOingofCorporations H/T @themarketear … Read more

What To Consider When You Start Investing Internationally

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When it comes to your financial future, international investing can be a great way to broaden your portfolio and reduce the risks associated with your country’s unstable economy. However, you should understand that your decision to invest overseas would depend on several factors that influence the success rate of your investments.  So, if you’re looking … Read more

Deceleration most everywhere…

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by WARREN MOSLER Top news!!! 😉 Deceleration most everywhere: Chicago Fed National Activity Index Falls Unexpectedly The Chicago Fed National Activity Index fell to -0.71 in October from -0.45 in September and below market forecasts of -0.43. That was the lowest reading since April, as all four categories made negative contributions to the index. Production-related indicators … Read more

How the Sugar Industry Lobbied to Make the Public Fear Saturated Fat and Cholesterol

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This video details the corruption of the sugar industry and how they changed the opinions of the American public. They engaged in pseudoscientific research to come to the conclusion that fat is bad and sugar is fine, all to increase their profits. This video is especially relevant because when people are armed with this information, … Read more