By Nick Cunningham The growth in U.S. shale production is grinding to a halt as low prices put drillers in a financial vice. The slowdown has been unfolding for much of 2019, but the latest slide in oil prices is another blow to cash-strapped companies. Share prices for many E&Ps are down sharply. For instance, … Read more
Via ZeroHedge As the violence in Hong Kong escalates with every passing week, culminating on Friday with what was effectively the passage of martial law when the local government banned the wearing of masks at public assemblies, a colonial-era law that is meant to give the authorities a green light to finally crack down on protesters … Read more
The Democratic hopeful, 70, told a town hall audience in Nevada on Wednesday that she lost her job teaching special needs students in the early 1970s because she was ‘visibly pregnant’. ‘By the end of the first year, I was visibly pregnant, and the principal did what principals did in those days – wish me … Read more
Peter Schweizer: Hunter Biden Helped China Buy Our ‘National Security’ Assets Hunter Biden, Joe Biden’s second son, helped facilitate China’s acquisition of Henniges Automotive explained Peter Schweizer, president of the Government Accountability Institute and senior contributor at Breitbart News, in a Friday interview on SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host Rick Manning. … Read more
by yakem121
by LianelJoseph https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures http://statisticstimes.com/economy/countries-by-gdp.php The equation is simply dividing military budget by GDP.
https://www.economist.com/briefing/2019/10/05/the-stockmarket-is-now-run-by-computers-algorithms-and-passive-managers Unfortunately behind a paid wall but if you click through and hit ESC (on desktop) you can fully load it. According to Deutsche Bank, 90% of equity-futures trades and 80% of cash-equity trades are executed by algorithms without any human input. Each day around 7bn shares worth $320bn change hands on America’s stockmarket. Much … Read more
JPMORGAN: “We believe the global economy has entered a second and more dangerous phase of slowing. .. Against this backdrop, we believe the emergence of more tangible signs that US growth has slowed will encourage the Fed to ease again at the end of this month.” pic.twitter.com/6GHpaTePuO — Carl Quintanilla (@carlquintanilla) October 6, 2019 In … Read more
by Polus43 From Barron’s: Paul Pelosi also paid between $350,002 and $750,000 for Netflix (NFLX) call options. He paid between $250,001 and $500,000 on July 5 for 20 call options contracts to buy shares of the streaming giant at $250 each; they expire June 19, 2020. On July 22, Paul Pelosi paid between $100,001 and … Read more
This is definitely serious. But the truth is that it’s just one piece of the puzzle. It has nothing to do with particular car companies, their management, or their scandals. It’s about massive debt on all levels and a slowing economy. Expand your view, open your mind, and be humble. Anyone who has lived through … Read more
By Mining.com Scientists planning to start mining the moon as early as 2025 may soon shift their attention to other celestial bodies as a new study suggests that there are about 1,000 asteroids closer to our planet than the lunar surface and which contain large amounts of the most precious resource: water. While most of those space rocks are only a … Read more
METAPHOR ALERT: Washington’s Newseum to close by year’s end. “A museum dedicated to journalism and the First Amendment is set to close its doors near the National Mall by the end of the year.” A decade ago, John Podhoretz dubbed it “The News Mausoleum:” The Newseum is chock-a-block with television studios, both actual (ABC’s This Week with … Read more
by DCG The street of LA… Not ONE mention of addressing the REAL culprits of homelessness: Drugs and mental health issues. Yet if the actual root of the problem is addressed then there’s no need for continuously siphoning taxpayer dollars. From HuffPo: Senator Kamala Harris (D-Calif.), who is running for president, introduced a bill Thursday that would invest billions of more dollars … Read more
via moneyinc: Do you know the official Nancy Pelosi net worth? Most people have heard of the name Nancy Pelosi, even if they don’t know the first thing about American politics. Granted, her name comes up in the news on a fairly routine basis so it’s not hard to have some type of generic idea who she … Read more
Wall St. For Main St., Released on 10/4/19 Jason Burack of Wall St for Main St interviewed returning guest, former Editor-In-Chief for Palisade Research and former analyst at Stansberry Research, options trader and newsletter writer at Speculators Anonymous https://speculatorsanonymous.com/, Adem Tumerkan. During this hour plus long interview, Jason asks Adem about the global economy slowing down … Read more
Speaker of the House Nancy Pelosi says the impeachment inquiry “will be worth it” even if the Democrats lose the House of Representatives in 2020. What?? How can an amateurish phony whistleblower story, they are using to try to impeach President Trump, be “worth it”? Former CIA Officer and whistleblower Kevin Shipp says, “It’s going … Read more
Masked gunmen storm Iraq television office amid reports 94 killed and nearly 4000 wounded in anti-government protests By Associated Press 6:56am Oct 6, 2019 https://www.9news.com.au/world/news-iraq-scores-dead-and-nearly-4000-reportedly-wounded-as-security-forces-fire-on-anti-government-protesters/79aa4ffe-c215-4fe4-88f3-20bdb97e7df9 The Federal Reserve announced that it will extend through October the ad hoc liquidity lifeline that it’s been offering to U.S. funding markets since a spike in rates in … Read more
by Martin Armstrong The protest in Hong Kong over remove all masks has a deeper concern which has sparked the most violent protests yet. China’s “social compliance ranking” is an AI system that is based on facial recognition software. The deep concern is that this new law is to identify who the people are and then arrest … Read more
by Daisy Luther These days, you can’t really go anywhere without encountering cameras. Going into a store? Chances are there are security cameras. Getting money at an ATM? More cameras. Driving through the streets of a city? More cameras still. Your neighbors may have those doorbells from Amazon that are surveilling the entire neighborhood. And many of … Read more