World’s Largest Shipping Company Sees Bleak Outlook Amid Trade Wars

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  The more pessimistic outlook “reflects the broad-based weakening of the economic environment in all the main economies,” Chief Executive Officer Soren Skou said in the statement. “Negative effects from escalating trade restrictions also weighed on trade growth.”   https://www.bloomberg.com/news/articles/2019-11-15/maersk-sees-weaker-industry-growth-as-trade-wars-dent-outlook?cmpid=BBD111519_WKND&utm_medium=email&utm_source=newsletter&utm_term=191115&utm_campaign=weekendreading    

Buying only electric cars when you can’t keep your electrical grid up is not just dumb, it’s California dumb.

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CALIFORNIA BANS GOVERNMENT PURCHASES OF MOST GAS-POWERED CARS UNDER NEWSOM CLIMATE ORDER: California state government on Friday stopped buying gas-powered sedans as part of Gov. Gavin Newsom’s administration’s efforts to reduce greenhouse gas emissions. The directive by the state’s Department of General Services, which oversees purchasing and contracts for California state government, exempts public safety … Read more

New Substance Can Store Valuable Solar Energy for Decades

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Researchers in Sweden have developed an affordable and effective way of gathering, storing, and releasing energy from the Sun, through a new process that could conceivably store the trapped solar energy in chemical form for decades, which can later be released on demand when needed. The new process was developed by scientists at Chalmers University … Read more

Conservative group Judicial Watch sues South Bend over immigrant ID card records.. UhOh Mayor Pete

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SOUTH BEND — A conservative Washington-based group has sued the Mayor Pete Buttigieg administration and South Bend Common Council, alleging the city has violated Indiana’s public records law by refusing to disclose staff emails related to a program that provides identification cards to undocumented immigrants. The suit, filed this week in St. Joseph Circuit Court … Read more

If Not-QE Is QE, then is Not-a-Blowoff-Top a Blowoff Top?

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by Charles Hugh-Smith Can $300 billion, or $600 billion, or even $1 trillion continue to prop up an increasingly risk-riddled, fragile $330 trillion global bubble in overvalued assets? When is “Not-QE” QE? When Federal Reserve Chairperson Jerome Powell declares QE is not QE. We can constructively recall the story that Abraham Lincoln famously recounted in 1862: ‘If I … Read more

Hitting The Brakes: Why The US Auto Sector Is At Risk

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Should the auto industry slowdown continue and contribute to the already mounting job losses in the manufacturing sector, the economy will lose another industry that has been a significant tailwind to an otherwise sluggish overall growth rate.   US Total Auto Sales 12-Month Average: Year over Year (%) Source: Bloomberg, EPB Macro Research https://seekingalpha.com/article/4305924-hitting-brakes-u-s-auto-sector-risk   … Read more

The Day of Reckoning

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by northmantrader Well, they’ve done it again. By “they” I of course mean the US Federal Reserve and all the other central banks combined. Synchronized global easing it is called and the once again giant inflows of artificial liquidity are dominating the price action in markets irrespective what’s going on with earnings or growth. The stock … Read more

Sanctuary King County: Man murdered in his sleep by illegal alien with previous felony

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by DCG The price that Americans pay for living in demorat-run cities with sanctuary policies can be their life. The family of a 56-year-old Seattle man found out the hard way that liberal policies kill loved ones. According to MyNorthwest.com, the dead victim (identified as Sam Lam who was a legal imigrant) was apparently not the intended … Read more

Wolf Richter – New and Used Auto Markets, Swiss National Bank buying US Equities

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Talk Digital Network, Released on 11/16/19 Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including … Read more

Tax cheat Al Sharpton receives jaw dropping amount of money from his own charity

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via bizpacreview: Asked recently to explain why he accepted over $1 million in pay from his own charity last year, notorious racial grievance monger and left-wing activist Al Sharpton argued that he deserved the money and that his choice to take only $1 million was generous. And yes, that really happened. Last year, Sharpton’s National Action … Read more

Congress to Investigate ABC news over Epstein Coverup

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BREAKING: Congress to investigate @ABC News… via @megynkelly #EpsteinCoverup pic.twitter.com/8oAbkm3Yzj — James O'Keefe (@JamesOKeefeIII) November 18, 2019 McCarthy Sends Letter To ABC Demanding Information On Spiked Epstein Story…  Congress members are asking questions about ABC News’s decision to kill a 2015 story about alleged child sex trafficker Jeffrey Epstein. House Minority Leader Kevin McCarthy sent … Read more

Independents and Democrats Tweet in Large Numbers that the Sham Impeachment is So Disgusting That Democrats Have Lost Their Votes (Read Comments)

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Independents and Democrats Tweet in Large Numbers that the Sham Impeachment is So Disgusting That Democrats Have Lost Their Votes (Read the Comments) Matthew Kolken Verified account @mkolken > Matthew Kolken Retweeted Ryan Saavedra I’m not a Trump voter and oppose many (most?) of his policies. That said, anyone with any intellectual honesty can see … Read more

Julian Assange extradition court judge has been removed and replaced due to conflicts of interest

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Via ConsortiumNews.com, Lady Emma Arbuthnot, the Westminster chief magistrate enmeshed in a conflict of interest, will no longer be presiding over the extradition proceedings of imprisoned WikiLeaks publisher Julian Assange,said WikiLeaks lawyer Jen Robinson, at an event in Sydney on Friday night . “Yes, there was some controversy about her sitting on the case,” Robinson said. “She won’t be sitting on the case … Read more

OUT ON A LIMB: Most Say Media Working With Democrats to Impeach Trump.

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Most voters don’t expect fair play from the media when it comes to news coverage of the Democrats’ impeachment attempt. Fifty-three percent (53%) of Likely U.S. Voters think most reporters are trying to help impeach President Trump when they write or talk about the impeachment effort. The latest Rasmussen Reports national telephone and online survey … Read more

BEWARE: Officials warn about the dangers of using public USB charging stations.

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 https://www.zdnet.com/article/officials-warn-about-the-dangers-of-using-public-usb-charging-stations/ “Travelers should use only AC charging ports, use USB no-data cables, or ‘USB condom’ devices.” Travelers are advised to avoid using public USB power charging stations in airports, hotels, and other locations because they may contain dangerous malware, the Los Angeles District Attorney said in a security alert published last week. USB connections were designed … Read more