Crashing The Financial System For Fun And Profit

Authored by Bruce Wilds via Advancing Time blog, It would be wise to remember we are in uncharted waters and this market could reverse on a dime. The stories flowing out of companies such as WeWork that are burning through cash screams danger ahead! This means we should not discount the idea that those in charge might … Read more

After Global Food Production Drops Then What?

Richie Allen from the Richie Allen Show https://www.richieallen.co.uk and David DuByne from ADAPT 2030 discuss increasing space radiation from the Grand Solar Minimum affecting global food production across the continents and how this will affect the economy and then our civilization. •Extinction Rebellion where are your solutions? •What is the Maunder Minimum? •Australia becomes a … Read more

Project Veritas “Epstein Cover Up” Is Being COVERED UP By Media, They REFUSE To Admit The Scandal

Project Veritas “Epstein Cover Up” Is Being COVERED UP By Media, They REFUSE To Admit The Scandal. Following a groundbreaking story from Project Veritas and James O’Keefe many news outlets ran the story. The Washington Post called the new Veritas leak “airtight.” But while many outlets in the mainstream did cover it cable TV news … Read more

Pocahontas Warren Promises NO Tax Hike for her Healthcare Plan – Don Jr. INSTANTLY Nukes Her

https://www.youtube.com/watch?v=QQjXcDthEcU Amanda Prestagiacomo from The Daily Wire reports, After being hounded by her Democratic counterparts running for the presidency, 2020 hopeful Sen. Elizabeth Warren (D-MA) finally unloaded her dubious plan to pay for her proposed, uber-pricey Medicare-for-All, which she claims will not include a single cent tax increase on the middle class. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/warren…

Service Sector PMIs Diverge

by UPFINA We look at hirings over openings when reviewing the JOLTS report. That’s why our articles sometimes differ from the headlines you find elsewhere. In September, job openings fell from 7.301 million to 7.024 million. The good news is the August reading was revised up from 7.051 million. Ultimately, job openings are meaningless if they … Read more

IRS announces 2020 retirement account contribution and income limit amounts

by NikeSwish​ https://www.irs.gov/pub/irs-drop/n-19-59.pdf Main updates: Contribution Limits 401(k)/403(b)/most 457 plans/Thrift Savings Plan increases to $19,500. Catch up limit for employees 50 and older rises to $6,500 from $6,000 SIMPLE contribution limits goes up to $13,500 from $13,000. IRA contribution amount remains the same at $6,000 Income Limits Single IRA income limits when covered by a … Read more

CHART OF THE DAY: Oil prices have fallen below Saudi fiscal breakeven for 5 years in a row

US shale companies often use a narrowly defined metric that only includes the cost of drilling and production, leaving out all other costs (this runs anywhere from $40-$60 depending on the well and location) However from a free cash flow perspective see below chart pic.twitter.com/O7bfBgMBaD — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 6, 2019

Harsh, but true words on QE, which apply especially on the #Eurozone

Harsh, but true words on QE, which apply especially on the #Eurozone .#ECB https://t.co/S4mwEbjTNH — Tuomas Malinen (@mtmalinen) November 6, 2019 Ray Dalio didn’t mince words in a post on LinkedIn about the paradox of free money in the global economy he titled “The World Has Gone Mad and the System Is Broken” https://t.co/lU80Ygarzi — … Read more

No Trade Deal This Month, Slower U.S. Growth

NO TRADE DEAL THIS MONTH https://t.co/paTcXUHNn2 — Alastair (@StockBoardAsset) November 6, 2019 Drop in Consumer-Goods Imports Points to Slower U.S. Growth “We haven’t seen that category (consumer-goods) fall by this magnitude in a considerable time.”https://t.co/pb11ec99gV pic.twitter.com/LqqrlbNMnT — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 6, 2019 rate cuts for next month start to rise on no … Read more

After years of pumping financial support into dying companies, China is letting them fail…

After years of pumping financial support into dying companies, China is letting them fail—and building a bankruptcy system to clean up the mess https://t.co/sVzZc0Vr1Q — Real Time Economics (@WSJecon) November 6, 2019 Last week we saw the largest divergence between China’s Caixin PMI & official PMI, as Caixin new orders ripped. We know that Caixin … Read more

The bear narratives for AAPL

by cbus20122 The same Bear narratives I hear now is what I heard in 2012. Same as 2014. Same as 2016. But AAPL keeps going up. So have things changed? I would argue that the bear narratives were correct that you mention. The issue is that you’re just looking at this on a much longer time … Read more