Past 12 months of S&P 500 returns: 0%
Oct 1st, 2018 – 2,885 Oct 2nd, 2019 – 2,884 Bad year overall AC
E-Trade drops commissions on trades, joining Schwab, TD Ameritrade in brokerage fee war
via CNBC: E-Trade is getting rid of commission fees on U.S. stock, ETF and options trades. The move comes within a week of Interactive Brokers, Charles Schwab and TD Ameritrade all dropping their commission fees. E-Trade estimates a quarterly revenue impact of $75 million from dropping fees. Retail brokerage firm E-Trade announced Wednesday it will drop commission … Read more
Peter Schiff: The Party Is Over
Via SchiffGold.com, As Peter Schiff put it in his podcast, if the first trading day of the fourth quarter was a sign of things to come, bulls on Wall Street are in for a rough end to the year. In fact, Peter said the party is over and you don’t want to be the last one to … Read more
Stock Prices Are Plunging, And Many Fear This Could Be Another “Black October” For The Stock Market
by Michael Snyder The stock market hasn’t started a quarter this badly in about a decade, and if stock prices continue to plummet it could set off a wave of panic selling unlike anything that we have seen in a very long time. Of course it wouldn’t be the first time that we have seen … Read more
Nearly $100 billion in one day
by SP The Daily History of the Debt Results Historical returns from 09/15/2019 through 09/30/2019 The data for the total public debt outstanding is published each business day. If there is no debt value for the date(s) you requested, the value for the preceding business day will be displayed. ( Debt Held by the Public vs. Intragovernmental Holdings ) … Read more
The Fed’s “Insurance” Rate Cuts Didn’t Work. Now For The Emergency Cuts
BY JOHN RUBINO Pity the guys now running the Fed. They’ve inherited an economy that requires ever-bigger infusions of new credit and ever-lower interest rates to avoid financial cardiac arrest. But with interest rates already perilously close to zero the usual leeway is no longer there. Making the best of a bad hand, Fed chair … Read more
Organic Growth: A New Way Of Saying Quantitative Easing
Here is the article mentioned in this video: Fed Backs Organic Balance Sheet Rise, Wall Street Wants Whopper https://www.bloomberg.com/news/articl…
Mayor Arrested – Law Enforcement finds $750 million Worth of Gold Bars in Basement and $37 Billion in Bribe Money in Bank Accounts
It pays to be a corrupt politician. A powerful Communist official in China is suspected to have received 13.5 tonnes of gold and £30 billion cash in bribes. Thousands of golden bars and bricks were discovered at the leader’s home during a raid by corruption inspectors earlier this month. Their value could be worth up to £520 million, according … Read more
Top 10 Countries by Internet User as of 30th June 2019 ( and their % of Population)
by Jelegend Sources :- https://www.internetworldstats.com/top20.htm https://main.trai.gov.in/sites/default/files/PIR_01102019.pdf Tool:- MS Excel Any queries are welcome 🙂
CNBC Reports On A Share Buyback Slowdown. Here We Go… BofA Calls It: The Top Is In For The Market
Corporate America’s share buybacks, which hit a record of more than $1 trillion in 2018 on the back of a tax overhaul, have begun to slow down in recent months, according to Jefferies. “Total S&P 500 buyback amounts seem to have peaked while the share of R&D spending has remained constant since the Great … Read more
E*TRADE announce trading of stocks, ETFs, & options for $0 base rate commissions.
#BREAKING: Trade stocks, ETFs, & options for $0 base rate commissions with E*TRADE—the industry’s number one digital broker & the original place to invest online. https://t.co/hCIkOHJ1y7 — E*TRADE from Morgan Stanley (@etrade) October 2, 2019 This is fun because I had a commission chat with etrade 4 or 5 months ago to get them to … Read more
40 States Are Drowning In Debt, Just Like The Federal Government
by Mac Slavo of SHTFplan As the United States government continues to pile up debt, most states are following in its footsteps. Total state government debt now stands at $1.49 trillion with 40 states lacking sufficient funds to pay their bills according to Truth in Accounting’s (TIA) Financial State of the States report. At the end of the fiscal year … Read more
Federal Reserve’s Official Balance Sheet Up Almost $100 Billion Dollars Since Early Sept 2019!
Since early September 2019, the Federal Reserve’s official balance sheet is up almost $100 billion dollars. But we were told that repo madness was not permanent and that it wouldn’t expand the Fed’s balance sheet? Monitor the Fed’s official balance sheet here: https://fred.stlouisfed.org/series/WALCL
One-third of Americans say cable news is driving them crazy
https://www.youtube.com/watch?v=QwgpAg_t-cE
US To Impose Tariffs On $7.5 Billion In EU Imports Starting Oct 18… May Go Further Than Just Cutting Capital Flows To China
US To Impose Tariffs On $7.5 Billion In EU Imports Starting Oct 18 In the aftermath of today’s surprising WTO decision, in which the global trade mediator sided with the US in finding some $7.5BN in European Airbus subsidies illegal, moments ago the US Trade Rep confirmed that the US will waste no time in retaliating … Read more
Big Apple Real Estate Hits The Skids, Miami Condo Prices Plunge 48%…
Big Apple Real Estate Hits The Skids: Apartment Prices Down 14% In Q3 New York City’s housing market was already struggling with a historic mismatch involving a flood of luxury inventory and a shortage of buyers looking for housing in that price-range (instead, the city has continued to suffer from a shortage of housing affordable … Read more
Reddit’s Chinese controllers have started shadow banning people
by SC2sam About a week ago there was that video showing the genocide and holocaust going on in China which was posted numerous times to /r/videos but was constantly removed under obviously bullshit reasons. Well apparently reddit has begun silencing through shadow bans anyone who posted that video, posted comments in support of posting the video, criticized /r/videos corrupt … Read more
Triple Lutz Report #473 – More Repo Madness and Impeachment Insanity
from Financial Survival Network The Repo Market has been distressed for two weeks now. The Fed keeps on injecting more money to keep it liquid. Why? They’re just going to have to keep on doing it until something else happens. Don’t impeachment. It’s not going anywhere. And it can’t. But that’s not going to stop Pelosi … Read more
City bankruptcies, City Strikes and Civil Unrest in 2020
You need to understand how these riots are going unfold. First things first, you need to understand how this kind of unrest unfolds so that you can see the warning signs earlier. Never underestimate the power, rage, and motivation of a mob. Here’s the pattern: An outrage occurs. Good people react and protest the outrage. … Read more