Store closures are continuing throughout 2019. Companies are being wiped out and industries are changing. Ultimately the goal is to replace humans with automated processes. This has been mentioned by just about every big business leader and has been implemented by many companies at some level. From manufacturing to finance. Do you think stores are … Read more
Don McMillan shares his Greatest Charts for 2018. Charts include: Nerd vs Geek, Printer Ink Price, USB Configurations, Network Security Expert Career Path, First Thing You Do When You Get Out of Bed, The Facebook Proof, Shopping With My Wife, and The Key to a Long Happy Marriage. Keep Laughing!
Originally posted at RecessionAlert.com Based on the methodology discussed here, we hereby update our U.S Yield-curve inversion forecast and subsequent recession and stock market peak forecasts. All the forecast dates have moved forward by 1 month as the yield curve continues to print below its regression mean: As a matter of interest, 60% of all 10 possible … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The four account for 58% of global manufacturing value added. And the big exporters are getting hit. The global slowdown in manufacturing progressed another notch in February. Among the top four manufacturing giants in the world, the US is the cleanest dirty shirt. Together, they produced 58% of the world’s “value added in … Read more
by Charles Hugh-Smith Even if the Fed hadn’t institutionalized perverse incentives to borrow and speculate in asset bubbles, the economy would still be generating far fewer winners than losers. If we scrape away the shuck and jive (a difficult task when the majority of what the media presents is shuck and jive) the whole economy boils down … Read more
by theimpossiblesalad View this post on Instagram Global Internet Gaming Traffic Share #internet #gaming #data #bigdata #leagueoflegends #fortnite #overwatch #minecraft #pubg #destinythegame #worldofwarcraft #warframe #blackdessertonline #clashofclans #statistics A post shared by Statistics Data Facts (@statistics_data_facts) on Mar 1, 2019 at 8:41pm PST Source: I gathered the data from Sandvine’s “The Global Internet … Read more
via defensemaven: Springfield, IL – A Republican lawmaker has introduced legislation that would require all elected officials in Illinois to wear bodycams while conducting public business. Illinois State Representative John Cabello said he sponsored his legislation to try and reduce political corruption at state and local levels, the Rockford Register Star reported. “We see the dealings going on … Read more
‘There’s No Money Right Now’: China’s Building Boom Runs Into a Great Wall of Debt A building splurge in this impoverished pocket of rural China ended in half-finished projects and a trail of angry investors from some of the country’s wealthiest areas.On a recent winter workday, investors and representatives from private fund companies in Shanghai … Read more
via trueeconomics: Since the start of the Global Financial Crisis (GFC) and through subsequent Euro area crises, the EU frameworks for reforming financial services have invariably been anchored to the need for reducing the extent of systemic risks in European banking. While it is patently clear that Euro area’s participation in the GFC has been based … Read more
via salon: Though older Americans may be perplexed by the cynicism and self-deprecating nature of millennial culture, it turns out there’s good reason: the economic outlook for millennials is dismal. A new report finds that the sum of young Americans’ debt is in the 13-figure range — much of it student debt. According to the New York Federal Reserve Consumer … Read more
by chartr Made this in response to the generally positive feedback on the Apple one I did previously. Thought Nike was an interesting company to visualise. Hilariously, in their SEC filing they spent $900m on what they called “Demand Creation Expense”. I have called this marketing because… what on earth. But yeah pretty … Read more
Out of all OECD countries, Ireland has the highest percentage of its native-born population living overseas. Even though Ireland has started recovering from the devastating impact of the financial crisis, emigration remains high with 35,300 people leaving in the 12 months to April 2015. This was a 13 percent drop on the previous year where … Read more
by notabot_v1 $VOO Expense Ratio Lowered from 0.04% to 0.03% Congrats to all you Bogleheads — the most boring investment just got a little cheaper. via MarketWatch: Vanguard Group will not be outdone. A fintech start-up offered zero-fee ETFs first, but that’s quickly becoming old news. The latest annual reports by Vanguard, the $5 trillion money … Read more
via wbez.org: Maps courtesy of UIC Middle-income areas, pictured above in light yellow, made up half the city in 1970. Today, Chicago neighborhoods tend to be, on average, either low income (orange) or high income (blue). Chicago’s middle class, once the backbone of the city, is declining so swiftly that it’s almost gone, and a … Read more
BY SRSROCCO If you’re puzzled by the magnitude of the stock market correction since late December, you can thank the central banks for the rally. Yes, that’s correct… after the Dow Jones suffered the worst Christmas Eve trading day ever, the massive central bank monetary liquidity helped push the index up 20% from its low … Read more
via businessinsider: Gap, JCPenney, and Victoria’s Secret announced more than 300 store closures over the course of 24 hours this week. All three companies reported declining same-store sales during the critical holiday period. Tesla also announced it would shutter many of its 378 stores, with job losses. These announcements will bring the number of planned store closures this year to nearly 4,500. … Read more
via yuantalks: Evergrande Group, one of China’s largest property developers, is trying hard to drive home sales after the company’s contracted homes sales tumbled in January as the housing market in the world’s second largest economy continues a cooling trend in the new year. OH: Chinese Auto Market Not As Hot As Everyone Thought. Despite amassing a … Read more
by zenmasterzen3 What if Glyphosate sprayed on cotton which is then absorbed by peanuts (when the crop is rotated) causes peanut allergies? There was a spike in peanut allergies when they were first introduced. In our latest blog post, we discuss some of the leading theories surrounding the rise in food allergies and intolerances. In … Read more
by DCG In case you don’t know about Rick, he and his family own a pawn shop in Las Vegas. He is a self-made millionaire (who never finished high school due to illness) and has been on TV for ten years doing “Pawn Stars.” As a child, Harrison suffered from epileptic seizures starting at age eight, … Read more
by Dr. Eowyn Bernie Sanders spent his honeymoon in the Soviet Union in 1988 Sen. Bernie Sanders (I-Vt), 77, is a self-identified socialist who, paradoxically, is a millionaire with three homes. One of the three homes is a lakefront summer home in North Hero, Vermont, which Sanders purchased for $600,000 just five days after the 2016 Democratic National Convention, in … Read more
by DCG Another instance of demorats giving privilege to criminal illegal aliens over those of law-abiding US citizens and legal immigrants. From MyNorthwest.com: Washingtonians are protected from discrimination based on factors such as gender, race, religion and sexual orientation — and now, Democrats in Olympia want to add illegal immigrants to the list of protected groups. Sen. Doug … Read more
by John Rubino In the notoriously hype-ridden junior miner space there’s never a shortage of great-sounding stories. Most fail to pan out, which means investors who survive in this sector are first and foremost cynics. Still, some juniors do end up succeeding in a big way. Here are three that have a good chance: Great … Read more
https://www.youtube.com/watch?v=rrBcoi6SbAQ It’s all by design, we all knew their agenda if Trump won so they will not be stopped unless this country on a whole repents and turn their lives over to Christ Jesus and pray that God intervenes. CS
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) By Ioana Erdei Business Review, Bucharest, Romania Parliament leaders want Romanian gold reserves brought home BUCHAREST, Romania — Chamber of Deputies President Liviu Dragnea and Socia Democratic Party Sen. Serban Nicolae have proposed a bill to force the National Bank to store 95 percent of Romania’s gold reserves in … Read more
https://www.youtube.com/watch?v=e-MhxCos9J4 The Yellow Vest Protestors are finally getting the media coverage they deserve to help spread the movement. Vive la France! (PARIS) — French yellow vests were protesting for a 16th straight weekend in Paris and other cities to show they are still mobilized against the government’s economic policies they see as favoring the rich. … Read more