Ohio-based Murray Energy filed for Chapter 11 bankruptcy joining a growing list of bankrupt or struggling miners as utilities switch away from coal. The company seeks to restructure nearly $3 billion in debt and obtained some $350 million in new loans to continue operating during the bankruptcy proceeding. Murray Energy was the country’s fourth largest … Read more
and no wonder why bus investment is faltering pic.twitter.com/yUww7uD4fG — Alastair (@StockBoardAsset) October 30, 2019 pic.twitter.com/0RxszBFQx6 — M/1_LP (@MI_Investments) October 30, 2019 So true.@SoberLook pic.twitter.com/YokfQDLCs9 — Kevin C. Smith, CFA (@crescatkevin) October 30, 2019
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Prices in red-hot Dallas slow. Chicago condos flat for the year. Formerly crushed Detroit up 100% in 7 years. Cleveland struggles out of crushed status. Yesterday, we did The Most Splendid Housing Bubbles in America — such as the San Francisco Bay Area, New York City metro, the Miami metro, Seattle, and other … Read more
by Charles Hugh-Smith Where is the line between “working class” and “middle class”? Maybe there isn’t any. Defining the “middle class” has devolved to a pundit parlor game, so let’s get real for a moment (if we dare): the “middle class” is no longer defined by the traditional metrics of income or job type (blue collar, … Read more
By Tsvetana Paraskova Chinese oil and gas giant PetroChina reported on Wednesday a 58-percent plunge in its third-quarter profit as lower oil prices, fierce domestic fuel competition, and slowing gas demand growth weighed on earnings. PetroChina booked a net profit of US$1.25 billion (8.83 billion Chinese yuan) in Q3, down by 58.4 percent from the same period … Read more
by visualcapitalist About 1,500 new companies are founded every day. However, only a fraction of these entrepreneurial pursuits will eventually operate on a grand scale. With many of these companies propelled by venture capital funding, how do investors provide the cash—and get a piece of the startup pie? Pie in the Sky Today’s creative infographic from Fundera uses pie … Read more
by howmuch More millionaires live in the U.S. than any other country in the world, and it’s not even close. That’s according to the 2019 Global Wealth Databook by Credit Suisse. Here’s how the U.S. compares to the rest of the globe. The U.S. has 18.6M millionaires, more than any other country in the world. Europe has more … Read more
This flew under the radar? @ewarren (AND @BernieSanders) promised to withhold aid from Israel if they don't change their stance on settlements. AKA … A Quid Pro Quo. Why no fury from the PR Dept of the Democrats?https://t.co/FqANUF3w9c — Daniel Bobinski (@gc2life) October 30, 2019 Elizabeth Warren could pull U.S. military aid from Israel if … Read more
House Dem Leaders Won’t Commit To Impeachment Resolution, Table Thursday Vote https://t.co/sme6kGljvc pic.twitter.com/Rey24NZa52 — Daily Wire (@realDailyWire) October 30, 2019
by Pam Martens and Russ Martens, Wall St On Parade: On January 19, 2011, the Federal Reserve released a video on YouTube to quell the public uproar over its unaccountable money creation operations. The spokesman for the Fed in the video was their Senior Adviser at the time, Steve Meyer, now an Adjunct Professor of Finance at The … Read more
by DCG A taco truck owner in Buffalo, NY was forced to apologize for serving ICE employees. He later took back that apologize which make the progressives even madder. Heaven forbid a business owner be allowed to make a buck off his tacos. No sir, you can’t serve ICE employees! But you know, you’d better bake that cake! … Read more
by Fabius Maximus Summary: Cheers about the latest dead jihadist leader obscure a great truth: the War on Terror is one facet of a larger conflict. It is a clash of cultures. America is the attacker. We are winning. I see nothing that can prevent our victory. Bombs are irrelevant in this conflict, except to the … Read more
By Rodney Johnson I never understood WeWork. The company either purchased or took long-term leases on commercial properties. It dressed them up with Millennial-friendly details like beer taps and cool art, and then re-leased the space in very small increments for a higher price. Leave out the cosmetics, and you’ve got a traditional commercial leasing … Read more
https://youtu.be/2nhUjsoGPpU They’re telling a lot about Jade Helm. AO
by Shaun Richards “Follow the trend lines, not the headlines.” The quote, attributed to former President Bill Clinton, is one of my favorite pieces of advice. Clinton was referring to long-term data that show that conditions have actually been improving for the human race despite popular opinion to the contrary. When applied to investing, it … Read more
From Birch Gold Group Ideas have a way of spreading beyond their initial area of influence. Sometimes, bad ideas can do the same. It sure seems like that’s the case with House Bill 2820 from Texas. According to the Dallas Morning News, the bill “repealed the requirement for financial product sellers to register with the Teachers Retirement System. … Read more
How is this not considered treason!!? https://twitter.com/TheLastRefuge2/status/1189346687300624384 https://twitter.com/isaacstonefish/status/1071416858924990465?s=20 Brookings has a Chinese arm? https://www.brookings.edu/center/john-l-thornton-china-center/ They even have their own Chinese twitter. https://www.twitter.com/BrookingsChina Another note is that Huawei is really not independant from the Government. But other than that, here’s the FreeBeacon talking about the Communst party infiltrating American Think Tanks: https://freebeacon.com/national-security/chinese-communist-party-funds-washington-think-tanks/ The Party’s United Front strategy includes paying … Read more
https://www.youtube.com/watch?v=QgTKWKh_edw Rep. Matt Gaetz @RepMattGaetz #BREAKING: Today I filed an ethics complaint against @RepAdamSchiff
