Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group As expected, the Federal Reserve cut rates a quarter point on Wednesday. CNBC reported on the specifics, saying, “In a vote widely anticipated by financial markets, the central bank’s Federal Open Market Committee lowered its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75%.” If … Read more
by John Ward Overconfidence is here again. Not only is real, Sovereign Brexit slipping yet again from our grasp: there are many disastrous trends voting cannot reverse. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Another daily dose of reality for those in the ‘bring it on’ camps of Labour and the Brexit Party: I’m all for accepting that TBP levels are underclaimed … Read more
by Michael Snyder Ever since he announced that he was running for president, Joe Biden has been the frontrunner for the Democratic nomination. And the good news for the Biden campaign is that he is still leading in most major national polls. But the bad news is that his numbers have been steadily falling. At one … Read more
by Michael Snyder When some good economic news comes along, we should be thankful for it, because such moments are becoming increasingly rare. On Friday, the Labor Department announced that the U.S. economy added 128,000 jobs last month, and that definitely exceeded expectations. Of course the truth is that the U.S. economy didn’t actually add … Read more
by WARREN MOSLE Highlights On the low side of expectations but not at increasing rates of contraction are the results of ISM’s manufacturing report for October. At 48.3, the index missed Econoday’s consensus by 1 point but gained a 1/2 point from September. New orders improved nearly 2 points in October but, at 49.1, are … Read more
https://www.youtube.com/watch?v=jkxa5FBhfWs THIS IS THE HOUSE OF CARD
HAHA: https://twitter.com/jack/status/11896…
De Blasio first said he believed something was amiss with Jeffrey Epstein’s death days after he was found lifeless in his Manhattan federal jail cell on August 10 The mayor raised the specter of conspiracy once more Thursday, just one day after Dr. Michael Baden said Epstein’s body bore telltale signs of homicide ‘Something doesn’t … Read more
Life expectancy for American men dropped for a third consecutive year, with the National Center for Health Statistics citing an increase in so-called “deaths of despair,” such as the rise in drug overdose deaths. The average lifespan of men in the U.S. dipped to 76.1 years in 2017 (the latest data available), amounting to a … Read more
[COPENHAGEN] After more than seven years of negative rates, some of Denmark’s biggest banks are resorting to uncharted territory in order to cope with the extreme monetary regime. At Sydbank A/S, Chief Executive Officer Karen Frosig said on Wednesday she’s going to need to pass on negative rates to a record number of retail depositors, … Read more
by axolotl_peyotl There is a concerted effort to bury this story, as it exposes the hypocrisy and insanity of a significant portion of the population. And trust me, they don’t like being exposed to their insanity, as the ensuing cognitive dissonance prevents any and all rational thought. The initial decision from the judge in this … Read more
Someone want to double check all the math in her plan? Heard she is bad at math and economics. Democratic presidential candidate Elizabeth Warren’s long-awaited “Medicare-for-all” funding plan projects the government-run health care system would cost a staggering sum of “just under $52 trillion” over the next decade, with the campaign proposing a host of new tax increases … Read more
Trump’s spelling errors stopped being funny (or newsworthy) after “covfefe”. But he made a mistake yesterday that had fans of RuPaul’s Drag Race hash-tagging up a storm. His 1000th tweet about the so-called “impeachment hoax” (this “hoax” is bringing a full vote in Nancy’s House today, btw) Trump tweeted to his GOP sychophant/ followers, “Rupublicans, go with Substance and … Read more
https://twitter.com/SayWhenLA/status/1190233184040103937 SJ
via NYT: Insults like “financial parasites” and “bums” have been directed at them, not to mention rocks and pepper spray. Fences, potted plants and other barriers have been erected to keep them off sidewalks. Citizen patrols have been organized, vigilante style, to walk the streets and push them out. California may pride itself on its … Read more
by Chris Kimble How Banks perform in the long-term has historically been important to the S&P 500. Are Banks sending a spooky message to the S&P 500 this week? Could Be! This chart looks at the Bank Index (BKX) over the past 8-years. Since the lows in 2011, the index has created a series of higher lows … Read more
It’s clear after a series of closed-door testimonies that only one set of opinions are allowed in DC. #Tucker #FoxNews
