On 12 September, the outgoing European Central Bank (ECB) president, Mario Draghi, announced that he would cut interest rates and continue the central bank’s bond-buying programme. This was in response to the looming recession in Europe and has triggered a fierce debate in the Eurozone between monetary hawks and doves, as well as EU politicians … Read more
It will hardly come as a surprise to many, but according to the latest cash flow analysis from Goldman Sachs, 2018 was a record year for S&P 500 cash spending: not only did aggregate spending on capex, R&D, cash acquisitions, dividends, and share repurchases rose by 25% to $2.8 trillion, “the fastest year/year growth in … Read more
by dlm423 I’m trying to be responsible and do some actual research on a YOLO. I’m thinking BYND is going to continue to tank, but I started to get a little concerned when I read about Burger King’s potential success with the Impossible Whopper (https://www.cnbc.com/2019/10/16/the-impossible-whopper-is-driving-steady-traffic-to-burger-king-data-shows.html). Plus I’ve been seeing commercials for the Impossible Burger, so … Read more
Elon Musk testified that he is “financially illiquid,” a lawyer for the British diver Vernon Unsworth wrote in a legal filing, Bloomberg first reported on Wednesday. Unsworth is suing Musk claiming defamation after the Tesla and SpaceX CEO called him a “pedo guy” on Twitter last year. A filing from Monday by Unsworth’s attorney refers to “Musk’s sworn testimony that he … Read more
A 2016 instant message exchange was had between Mark Forkner and Patrik Gustavsson, two of Boeing’s chief technical pilots at the time They discussed the new automated system on the 737 MAX known as MCAS and that it was having problems during simulated flights Forkrner said he ‘basically lied to the regulators’ because this occurred … Read more
One leading indicator of a coming U.S. economic recession isn’t well-known — but it should be. Its record over the last four decades suggests we pay attention to it. This obscure indicator focuses on the divergence between the University of Michigan’s Consumer Sentiment Index and the Conference Board’s Consumer Confidence Index. Both are widely reported, and many investors … Read more
by UPFINA As the yield curve steepens, calls for a recession are growing because usually after yield curve inversions, steepening is coincident with recessions. The 10 year 3 month spread has gone from inverted by about 50 basis points to slightly positive. Firstly, that’s not enough to be consistent with a recession if this indicator is … Read more
by EEBucks I’ve seen a few posts of people wanting to learn more, so I decided to share this information I’ve put together. Most probably know this info already, so for those who don’t here ya go: Contract Pricing Option premiums are derived from two things: intrinsic value (the option’s inherent value) and time … Read more
Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site. … This time around, the ride-hailing company’s advanced technologies group, or ATG, which works on self-driving cars, is affected, according to a company-wide email from CEO Dara Khosrowshahi published … Read more
https://lieu.house.gov/media-center/press-releases/reps-lieu-and-rice-call-investigation-suspicious-futures-trading-around I know we all joke about it here, but it seems like something may actually be up. Seems to be focusing on “e-mini futures contracts”. The meat: On October 16, Vanity Fair reported on numerous instances in which individuals or groups of individuals made millions, and in some cases billions, of dollars in profits … Read more
by Daisy Luther For some reason, multiple stores have warned employees of an upcoming shortage of dish soap. A source at Wal-Mart went to work the other day and received this notice. Huh. Dish soap. My contact said that although the employees asked why there was going to be a shortage of dishwashing liquid, no explanation whatsoever … Read more
want to know the truth about fractional banking? Don Fletcher explains it all in this video.
Not long before micro chipping will go mainstream and the public sheeps will rush to this new technology. And with Elons neurolink soon coming too AJ
Kitco News, Released on 10/18/19 With gold prices having climbed higher this year, investors have flocked to senior producers instead of the juniors, favoring steady cash flow over speculation and this trend may shape miners’ priorities going forward, this according to Joe Mazumdar, co-editor, Exploration Insights. “I think the majors have changed mindsight thinking that … Read more
RT, Released on 10/17/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The curious case of gold rising alongside the dollar, gold investors should pay attention to real rates, and gold is preparing for the next stage of its bull market. What is driving … Read more
We are at a tipping point because govt allows media to lie, allows teachers unions to lie and groom children all the way from preschool through post graduate education, allows social media monoplies to lie to stupid children and females looking for free shit. The tipping point exists because lies are not resisted, only truth … Read more
by AdjectivesNoun You’d expect the House ethics committee to pick up this clearly provable violation of house ethics rules; https://ethics.house.gov/publication/code-official-conduct (a) A Member, Delegate, or Resident Commissioner may not engage in a sexual relationship with any employee of the House who works under the supervision of the Member, Delegate, or Resident Commissioner, or who … Read more
by Martin Armstrong Once upon a time, if you voted against someone like Obama or Tony Blair in Britain, you simply accepted your loss and moved on. Those days are indeed properly for story books which begin – “Once Upon a Time.” This is not something which is unique to Britain. We are beginning to … Read more
via thegrayzone: Former and current US officials have slammed the Turkish mercenary force of “Arab militias” for executing and beheading Kurds in northern Syria. New data from Turkey reveals that almost all of these militias were armed and trained in the past by the CIA and Pentagon. By Max Blumenthal Footage showing members of Turkey’s mercenary … Read more