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by Charles Hugh-Smith Technology, like natural selection, has no goal. When it comes to the impact of automation (robots, AI, etc.) on jobs, there are two schools of thought: one holds that technology has always created more and better jobs than it destroys, and this will continue to be the case. The other holds that the … Read more
WTO allows U.S. to hit EU with tariffs over Airbus subsidies. The United States has won the right to hit the EU with billions of euros in punitive tariffs by winning a dispute over subsidies to aerospace giant Airbus, four EU officials told POLITICO. WTO allows U.S. to hit EU with tariffs over Airbus subsidies … Read more
King World News, Released on 9/21/19 Continue… Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist.
Money Metals Exchange, Released on 9/20/19 Mr. Forbes unloads on the Fed and its horrific track record — with accuracy that’s worse than a bunch of monkeys throwing darts at a dartboard, he says. Forbes discusses Donald Trump’s chances at reelection and lays out the case why you simply must have at least some gold … Read more
The Dollar Vigilante, Released on 9/21/19 Topics include: the bond market explosion, coming inflation, monetary expansion, narco trafficking supports the banks, the Saudi oil field attacks were faked, Afghan heroin trade, US government loss of credibility, coming isolation, modern monetary theory is not modern, the fed forced to buy back it’s own issuance, the growing … Read more
Two illegal immigrants were arrested after attempting to climb a newly installed section of a California border wall without success. U.S. Customs and Border Protection said the two men were caught attempting to cross from Mexico illegally into San Diego. Surveillance footage from the border showed men attempting to scale the border wall and failing. … Read more
via foxbaltimore: A Project Baltimore investigation is causing controversy among City School leadership. The CEO of Baltimore City Schools, Dr. Sonja Santelises, released a strongly worded letter attempting to discredit Fox45’s report on Joseph C. Briscoe Academy in northwest Baltimore. Fox45’s investigation found students who were absent or late to school more than 100 days, including … Read more
The attack of a woman in the doorway of the Watermark condominium building allegedly by a homeless man who said he was trying to save her from robots has sparked outrage, largely because the crime was captured on video. But it wasn’t an isolated incident — not by any stretch. “We’re hearing it more and … Read more
by Mike Shedlock Women are slowly catching up to men in median wages but growth has been pathetic across the board. BLS data on real wages shows women are slowly catching up to men. That’s the good news. The bad news is real wages for women have only risen at slightly over 1/2 of 1 … Read more
(Bloomberg) — The relentless drive into defensive stocks is a logical way to cope for investors beset all year by signs a recession is at hand. It’s also a tough way to set a fresh stock record. Buoyed by a supportive Federal Reserve and strong economic data, the S&P 500 climbed within points of an … Read more
BLOOMBERG DISCOVERS HUGE BREAKING NEWS FROM 2006: Corporate America Has Found a Way to Turn a Profit Off Being Green. It’s time to stop crediting corporate sustainability efforts as acts of altruism. For big business, protecting the environment often means padding the bottom line. Nike Inc. has come up with a way to weave more efficiently, reducing … Read more
Article in question: https://lauraloomer.us/2019/09/19/twitter-suspends-entire-leadership-team-of-latinos-for-trump/#.XYUWnWZlC9s Here’s what the article says: According to the release, the following accounts were suspended: @FabMagaDiva @reallatinos4US @WeAreAmericanos @HispanicTrumpTX @CassieJ_Tx @secureUSA45 @mgtz1995 @Spi3 @Spi3inc @orejitagirl @HenryGrullon4. Except most of these accounts are active, take a look. https://twitter.com/FabMagaDiva https://twitter.com/reallatinos4US https://twitter.com/WeAreAmericanos https://twitter.com/HispanicTrumpTX https://twitter.com/CassieJ_Tx (actually suspended) https://twitter.com/secureUSA45 https://twitter.com/mgtz1995 https://twitter.com/Spi3 (actually suspended) https://twitter.com/Spi3inc (apparently doesn’t exist https://twitter.com/orejitagirl (actually suspended) https://twitter.com/HenryGrullon4 These … Read more
The short-term funding market has still not recovered from its seizure at the start of the week–at least not enough to be taken off central bank life support. The Federal Reserve Bank of New York announced Thursday afternoon that it would once again intervene in the repo market on Friday morning, its fourth consecutive day of supplying … Read more
Yay for common sense against stupid ideas. YouTube is reversing course – and apologizing profusely – after an attempt to strip popular channels of their verification checks nearly triggered an uprising. Management listening to the users – is this a social media first? YouTube CEO Susan Wojcicki took to Twitter on Friday to grovel before … Read more
https://www.cnbc.com/2019/09/19/home-flippers-see-lowest-returns-in-8-years-as-costs-rise.html The average gross profit on a flip was $62,700, which translated into a 39.9% return on investment, after renovation and carrying costs. That is down from a 40.9% gross flipping return in the first quarter of this year and a 44.4% return in the second quarter of 2018. Returns have been falling for six … Read more
Today in the Financial Crisis: 20 SEP 2013In a CNBC interview, James Bullard of the St. Louis Fed says, “The bubbles we had in the past were gigantic and obvious. I don’t see anything like that going on right now.” This statement contradicts the Fed's position on bubbles. pic.twitter.com/ge0BCtTHxI — Peter Schmidt (The 92ers) (@The92ers) … Read more
by jhad210 6.6 billion in net short covering this week
via UPFINA: The cycle high new home sales reading in June, the solid MBA purchase applications growth (15% growth in the week of September 13th), and the strong improvement in current sales in the September housing market index were all confirmed by the strong August housing starts report. Most of the data is headed in … Read more
