by travissidelinger Thought I’d share here. I have put together several backpacks. This is my best one. It’s my take everywhere backpack. Except work, I have a different backpack for work. And my camping backpack is separate. If we had to run in a hurry, we would grab our camping backpacks (which are usually ready to … Read more
by UPFINA The ADP private sector jobs report was a mixed bag. On the negative side, the September report was revised from showing 135,000 jobs created to 93,000. We know the initial BLS reading was 114,000, but that’s subject to a revision. As for now, the ADP report went from optimistic to pessimistic. The October report … Read more
by SpontaneousDisorder https://twitter.com/lisaabramowicz1/status/1189920797122543618 Companies are on pace to sell a record volume of U.S. investment-grade bonds this year, with 65% of the issuance coming from BBB rated issuers: Fitch Ratings https://fitchratings.com/site/re/10099564 Here’s a look at the market value of the Baa universe of debt in the U.S. – rising to nearly $3 trillion, triple … Read more
In fairness iPhone sales probably will receive a boost from the expected release of new 5G phones. However, accelerated or delayed phone upgrades are merely moving revenues in time rather than growing revenues. For me the recent stock price increase is overdone. This is not a recommendation to buy or sell. Stocks are risky and … Read more
The report found it ‘astonishing’ that there were still up to 800,000 faulty machines in people’s homes Whirlpool has been condemned for using controversial gagging clauses to “silence customers” who had been fire victims of its faulty tumble dryers. MPs said it was “disgraceful” the manufacturer made householders sign non-disclosure agreements (NDAs) and called for … Read more
General Motors Co <GM.N> is recalling 638,000 U.S. sport utility vehicles and pickup trucks because a wheel-speed sensor could fail and cause unintended braking, it said Thursday. The recall covers 2015-2020 Chevrolet Suburban, Tahoe, and Yukon and 2014-2018 Chevrolet Silverado 1500 and GMC Sierra 1500 vehicles equipped with a 5.3-liter engine, a 3.08-ratio rear axle … Read more
https://www.cnbc.com/2019/10/31/de-dollarization-russia-china-eu-are-motivated-to-shift-from-using-usd.html The U.S. dollar has been the world’s major reserve currency for decades, but that status could come under threat as “very powerful countries” seek to undermine its importance, warned Anne Korin, from the Institute for the Analysis of Global Security. Korin says China, Russia and the European Union are some “major movers” behind this … Read more
Nonfarm payrolls rose by 128,000 in October as the U.S. economy overcame the weight of the autoworkers’ strike and created jobs at a pace well above expectations. Even with a decline of 42,000 in the motor vehicles and parts industry, the pace of new jobs well exceeded the estimate of 75,000 from economists surveyed by … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But rents surge in 22 other markets by the double-digits. Southern California – sampled here by Los Angeles, San Diego, Santa Ana, and Long Beach – has decidedly entered the list of big and expense rental markets where apartment rents are on the decline. Other decliners from their prior peak rent, … Read more
Not just exports and manufacturing – but services stall. By Nick Corbishley, for WOLF STREET: In the third quarter of 2019, Mexico notched up its first year-over-year decline in GDP since the final quarter of 2009, when it was in the midst of a sharp recession brought on by the Financial Crisis. According to a preliminary estimate published by … Read more
By John Mauldin The Federal Open Market Committee had an unscheduled meeting on October 4. That happens occasionally and they often don’t reveal it occurred until the next regular meeting. That would mean Oct. 30, in this case. But for some reason (and you can bet they had a reason) they decided to announce this one on … Read more
by Michael Snyder The Democrats have really messed up this time. On Thursday, we witnessed the first major congressional test for this impeachment inquiry, and the House of Representatives did approve the formal rules that were being pushed by Nancy Pelosi and her cronies. But it was a major victory for President Trump, because not … Read more
by Michael Snyder For a long time, people have been trying to tell me that the U.S. economy is headed for a new golden era. They insist that the U.S. will be more powerful and more respected than ever before, and that we will see unprecedented prosperity in this nation. But despite extremely wild spending … Read more
https://www.youtube.com/watch?v=I6eqhGCUsLs
There is no stopping bank runs when they start spreading. They run like a California Wildfire and they EVEN JUMP OCEANS! Do YOU have any money in YOUR bank??
https://www.youtube.com/watch?v=DKQVniA7TUE The [DS] believes they have the upper hand, this is what the patriots want them to believe, the [DS] took the bait and now they are going to be exposed. The witnesses have no evidence and once again we are finding out that most of these so called witnessing have a connection to the … Read more
Currency wars and Beggar Thy Neighbor as the US tries to prevent the Dollar from continuing to rally relative to other fiat currencies as evidenced on the Dollar Index and the Trade Weighted Dollar Index. The Fed’s official balance sheet has now increased by $259.877 billion dollars in only 2 months since the end of … Read more
This looks like a psyop straight out of George Orwell’s 1984 by using Doublethink as part of its large-scale campaign of propaganda and psychological manipulation of its leadership and the public. Doublethink is the ability to hold two completely contradictory beliefs at the same time and to believe they are both true. Early in the book, doublethink refers … Read more
A high-ranking FBI official confirms a number of the missing 50,000 FBI text messages — as well as other text and email messages among FBI brass — reportedly discussed initiating physical harm to President Donald Trump. The FBI official urged the U.S. Department of Homeland Security — which oversees the U.S. Secret Service — to … Read more
BREAKING: President Trump Announces He is Moving Out of New York Due to Bad Treatment by Political Leaders – Will Relocate to Florida Donald J. Trump Verified account @realDonaldTrump 1600 Pennsylvania Avenue, the White House, is the place I have come to love and will stay for, hopefully, another 5 years as we MAKE AMERICA … Read more