via europol: On 21 January 2019, some 300 hundred officers from the Gendarmerie Nationale (French Gendarmerie) and the Guardia di Finanza (Italian Finance Corps) targeted suspects across both countries believed to be part of an organised crime group behind a large-scale international money-laundering scheme. The criminal cash flows are estimated at €5 to €7 million per … Read more
A lot of tension in the markets, so here's a couple of examples of that. This bounce will have to fade soon. Nothing fundamental has changed since December. Every major economy is continuing to slow.$TYVIX $TLT $VIX $WTIC $SPX pic.twitter.com/xDWmV2tAu1 — Peter Ryan (@Pulpisafiction) February 5, 2019 https://twitter.com/jmanfreddi/status/1093144893940269056 JPM Global PMI New Export Orders are … Read more
With German retail sales having fallen by a considerably bigger margin than expected in December, and a cut in 2019 gross domestic product (GDP) estimates, from Germany’s own Economic Ministry, IGTV’s Jeremy Naylor look at the recession potential for the German economy with James Bevan from CCLA. Slump in German Manufacturing Orders Set to Fan … Read more
via thefinancialcourier: The stock market has been a roller coaster since October. Equities took a nose-dive in October. They then rallied in early November. Fell again steeply in December. Finally, stocks rallied strongly in January. However, the same market forces that knocked stocks down late last year will trigger stock volatility to return in February. First, we need … Read more
by Chris “They are investors, they have accountants, they are making informed decisions,” Cuomo said. “This is going to be the tipping point and people will now be making a geographical change.” Yes, the informed decision is that paying the state up to 8.8% of your income (top bracket), up to 4.75% sales tax, and then … Read more
via knowledgeleaderscapital: Today’s “blowout” employment report, while strong in some respects, should be taken with a grain of salt. It’s important to remember that employment is a lagging indicator. Payroll employment often peaks either at the beginning or middle of recessions, so it provides virtually no warning of impending danger. Better indicators of employment strength are … Read more
BANKS in France, Germany and Belgium are most at risk of contagion from Italy’s deepening debt crisis, new data has revealed. Domestic banks in the Mediterranean nation are already encumbered with some £1.3 trillion (€1.5 trillion) of public debt as the cash-strapped government in Rome grapple with a weak economy which tumbled back into recession … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Americans love paying big profit margins for big equipment, and automakers love them for it, but total sales are declining, and something doesn’t add up. The average transaction price of the vehicles sold by Fiat Chrysler jumped 5% in January compared to a year ago; for vehicles sold by Ford Motor … Read more
by badpauly This is a list of the top 20 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most … Read more
by Michael Snyder A shocking new public opinion poll seems to have settled the debate about whether religious people or non-religious people are happier. In recent years, more people than ever are “throwing off the shackles of religion” in an attempt to find personal happiness, but it looks like they have been running the wrong … Read more
On this episode of the Geopolitical Report, I take a look at the Nazi plan for world government and its realization in the creation of the European Union. The bankers and corporatists who funded Hitler and the Nazi socialists wanted a strong centralized government firmly within their control. Following the defeat of the Nazis, the … Read more
Some observers are saying that January’s stock market rally means the rest of 2019 should be positive. But, let’s take a closer look at the “January Indicator” …
From Birch Gold Group The long and convoluted tale of Woodbridge Group, a real estate conglomerate of more than 100 companies, has finally reached a climactic ending. What may have looked like a promising investment venue just a few years ago was little more than a front for a massive Ponzi scheme. Seasoned lawmakers undoubtedly struggled … Read more
Shot: I do not record. I’ve never recorded. I’m a very fast note-taker. When someone kind of says the “it” thing that I have really wanted, I don’t start scribbling right away. I have an almost photographic memory and so I wait a beat or two while they’re onto something else, and then I write … Read more
by EdmondDantes777 The MSM presented us with a simple story yesterday: https://www.apnews.com/b94fea4b4a2a408fabcf756da790ff27 WASHINGTON (AP) — Supreme Court Justice Ruth Bader Ginsburg is making her first public appearance since undergoing lung cancer surgery in December. The 85-year-old Ginsburg is attending a concert at a museum a few blocks from the White House that is being … Read more
BC (owned by GE, which is a major war profiteer, military supplier) uses a fake report by a deep state company called “New Knowledge” to smear the most anti-war candidate running for president – Tusli Gabbard. h/t bird556677
By Tom Kool Oil prices have been choppy in recent days, although WTI and Brent are holding onto their gains near multi-month highs. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) – The International Maritime Organization has new regulations taking effect on January 1, 2020 that will slash the concentration of … Read more
by Frank Holmes, CEO, U.S. Global Investors Happy Year of the Pig! This week marks the start of China’s Spring Festival, during which an estimated 3 billion trips will be made using the country’s massive transportation network of roads and rail. That figure is a slight rise from the same period last year, despite slowing … Read more
Is there a more deflationary chart than the Baltic Dry Index of global freight rates? pic.twitter.com/3XajzZVIzY — David Rosenberg (@EconguyRosie) February 5, 2019 Chart: US non-manufacturing export orders (weak!!!!!) pic.twitter.com/5qHTFXW7je — mcm-ct.com (@mcm_ct) February 5, 2019 Given the sharp slowdown in credit card transaction data, safe to say that retail sales will miss to the … Read more
https://techcrunch.com/2019/02/05/raiseit/ Reddit is raising $150 million to $300 million to keep the front page of the internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech giant Tencent at a $2.7 billion pre-money valuation. Depending on how much follow-on cash Reddit drums up from Silicon Valley … Read more
https://twitter.com/OccupyWisdom/status/1092829883330383873 https://twitter.com/RealDavidJensen/status/1092855301055770624 $10 trillion in corporate debt will be refinanced within 2 years. And looks like nothing's changed since Dec 26. I don't understand the joy some brainless trolls are having. I made 310 handles in Dec. You took 50 back so far. So go get yourself an ass-aid before it evaporates pic.twitter.com/9nZR0B5f4r — xTrends … Read more
S&P 500… The massive recovery has been fully driven by dovish central banks, despite unexciting earnings and guidance. pic.twitter.com/laRBMWxj9g — Daniel Lacalle (@dlacalle_IA) February 5, 2019 The whole problem in markets has been the Fed and China. Both have had a major interest in keep markets afloat into 2 things State of the Union – … Read more
via Kevin Lynn Last week, the Trump Organization, an umbrella group that oversees more than 500 companies which list Donald Trump, the United States President, as sole or principal owner, announced that it would use the federal E-Verify program to confirm the work eligibility status of its new employees. Because of a little-known provision in immigration law … Read more
by Amy S. Those pesky toxins are getting into our bodies and making us feel cruddy all day! Unfortunately, few of us take the time to detox ourselves, sitting in years of built-up gunk and metals running wild around our bodies. Toxins are everywhere – in our food, water, and even in the air we breathe. … Read more