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

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

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

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.

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

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…

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

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

Scandal! Whistleblowers Say UN Officials Faked The Syria Gas ‘Attack’ Report!

by Ron Paul of Ron Paul Liberty Report A startling development in the alleged gas attack in Douma, Syria in April, 2018: Whistleblowing inspectors from the OPCW – the UN Agency that investigated the attack – have come forward to claim that the original report has been doctored and distorted to falsely blame the Syrian government. Will the … Read more