via upfina: It should be no surprise to investors that earnings estimates for both Q1 2019 and full year 2019 have been cratering. We have been discussing this story for a few months in our articles. The latest estimate from FactSet is Q1 2019 earnings will fall 1.7% year over year and full year 2019 earnings … Read more
Amazon has been trying hard to remake Whole Foods’s “Whole Paycheck” image, but facing rising costs, the premium grocery chain has increased prices on a number of items. Whole Foods has raised prices on hundreds of items in the past three months, according to internal communications reviewed by Yahoo Finance. The price hike, first reported by … Read more
The service would be a quick way to monetize Apple’s News app and would likely bolster the company’s services revenue at a time when hardware sales are slowing. The Journal reports publishers aren’t sold on the terms of the service. The company would keep half of the fees, and the other half would be divided … Read more
https://twitter.com/mcm_ct/status/1095507722299166725 https://twitter.com/hks55/status/1095482399138422784 Global non-financial corporate debt hit a record high of 92% in Q3 2018. pic.twitter.com/fDyv5HQ5D9 — IIF (@IIF) January 15, 2019 pic.twitter.com/ZeXgeV514k — M/1_LP (@MI_Investments) February 13, 2019 https://twitter.com/hks55/status/1095445616665219074 https://twitter.com/NorthmanTrader/status/1095658530080768006 Last year 6.9% their forecast for this year 6% pic.twitter.com/KC6rrCGnST — Alessio (@AlessioTMAD) February 13, 2019
NFIB’s faltering small business sentiment points to possible further weakness in manufacturing sector@AndreasSteno @SoberLook pic.twitter.com/tVLrEluE8v — Liz Ann Sonders (@LizAnnSonders) February 13, 2019 The plunge! Eurozone industrial production confirms ugly picture individual member states already gave. Massive collapse in production in December, down 4.2% YoY, most since the financial crisis. pic.twitter.com/vHXRtng4a1 — jeroen blokland (@jsblokland) … Read more
“During Gov. Gavin Newsom’s first State of the State speech Tuesday, he surprised listeners by announcing he would put the quest for high-speed rail connecting San Francisco and Los Angeles championed by his predecessor far on the back burner.” Meanwhile, questions asked and possibly answered at Twitchy: “Tell me I’m wrong. Pelosi had Newsom kill the CA train today … Read more
via americanexperiment: Seeing this problem, many people then demand that the government ‘do something’ about it. Typically, that ‘something’ involves spending more money or issuing a new raft of regulations. Thus, the $40 million Minneapolis Mayor Jacob Frey has earmarked in his 2019 budget for affordable housing and the $71 million, three-year housing initiative which Saint Paul’s Mayor, Melvin Carter, has announced. But before rushing in to … Read more
by WeAreTheResistance With emerging advances in gene editing, the pharmacutical companies are no longer going to be hide advances in medicine and discovering cures to diseases, like a group of Mexican Doctors have recently done with the HPV Virus, and even cervical cancer in It’s infancy stages. 100% effectiveness! Google HPV Cure and click on News … Read more
by Playaguy This is a must watch for any regular here. Charlotte Iserbyt was an “insider” working in education in the 1980’s and saw first hand, documents that called for the instillation of communist ideals into the American school system. It gets more unbelievable as she outlines the plan for what will later becomes known as … Read more
The EU is now pushing project fear, they are talking about an apocalyptic event if there is a no deal. The CB and elite will use fear to try to get what they want. George Soros says something needs to be done or the entire EU will end up like the Soviet Union. Trump has … Read more
By Harry Dent The big news this week is that Europe came in weaker than expected. China’s already been weakening, but everyone expects that. After all, you can’t really trust the big reported numbers from the Red Dragon because they overstate things. But Germany? Germany just reported a decline in December retail sales of 4.3%! … Read more
by surefire_inceligence Amazon created this competition for their upcoming HQ2 location, ultimately picking New York City, and just outside of Washington D.C. So if they knew they were going to pick these already wealthy and developed cities, why dangle of prospect of jobs in front of places like Detroit, Gary, Indianapolis? Because every … Read more
Reddit’s latest funding round values its users at a lower price than any other social network. The company announced Monday it had raised $300 million in its Series D investment round at a valuation of $3 billion. CNBC previously reported the company’s annual revenue topped $100 million, according to sources familiar with the matter, and at 330 million monthly … Read more
Get ready for the meltdown. Even MSNBC of all places is admitting that there is no collusion a la Trump Russia. Mueller investigation coming to a close real soon. DNC already shifting the goal posts. h/t mikeleoncraft
by Charles Hugh-Smith Now the corporate lemmings have rushed into mobile advertising. Given that corporations are run by people, and people are social animals that run in herds, it shouldn’t surprise us that corporations follow the herd, too.Take the herd move to forming conglomerates in the go-go late 1960s: corporations suddenly started buying companies in … Read more
https://www.youtube.com/watch?v=gaLW9L0h-0E Good evening, Viktor Orbán gave his state of the Hungarian nation speech on Sunday. We have a Hungarian friend who was the first to get the tape for us, and translate it as well. By the way, Mr. Orbán would very much like to connect directly with President Trump, but something – or someone … Read more
by TheCIASellsDrugs Hegelian dialectic says that, in order to control people’s opinions, you introduce a problem, introduce a solution, then meet them in the middle with a synthesis. Global warming alarmists were supposed to say crazy things and demand a destruction of the productive economy, so that later a synthesis that accepts partial destruction of the … Read more
by northmantrader Markets are red hot, but it keeps getting downright frosty in macro land. Bulls will say none of this matters because an easy Fed trumps fundamentals. And that may turn out to be correct, but it’s too early to tell. Fact is stocks are on their 8th week of uninterrupted gains since the December … Read more
France has seen weekly clashes between the yellow vest protesters and the police for three months now. More than 1,900 demonstrators have been injured, some of them seriously. Protesters say the police are using inappropriate force against them. h/t salvia_d
by WARREN MOSLER Trumped up expectations fading: Highlights Doubts about future economic growth diminished optimism among small business owners to the lowest level in 26 months, according to the NFIB’s Small Business Optimism Index, which fell 3.2 points in January to 101.2, below consensus expectations as well as the range of analysts’ forecasts. Though still above the long-term … Read more
By Dagny Taggart New Mexico has a new governor, and she really doesn’t like guns. Michelle Lujan Grisham, a Democrat, was sworn into office on January 1, replacing pro-gun Republican Susana Martinez. In early December, the National Rifle Association (NRA) warned the citizens of New Mexico to expect “unprecedented attacks” on their Constitutional rights. While the New … Read more
by Frank Holmes, CEO, U.S. Global Investors This Valentine’s Day might best be remembered for two things in particular. One, for the first time in 153 years, candy lovers won’t be able to pick up a box of Sweethearts, those classic heart-shaped candies bearing sweet nothings like “BE MINE” and “CRAZY 4 U.” And two, … Read more
by Michael Snyder Our health insurance system is theoretically supposed to prevent Americans from going bankrupt when they are hit by huge medical bills. But in case after case, that is simply not happening. Even though more Americans are “covered by health insurance” than ever before, a new study has found that “about 530,000 families … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “A development that is surprising during a strong economy and labor market”: New York Fed Serious auto-loan delinquencies – loans that are 90 days or more past due – surged to 4.47% of total auto loan balances in Q4 2018, according to New York Fed data this morning. This put the auto-loan delinquency … Read more