U.S. to deploy military forces to Saudi Arabia after drone attacks on oil sites “The president has approved the deployment of U.S. forces which will be defensive in nature,” U.S. Secretary of Defense Mark Esper said Friday. The United States is deploying military forces to the Middle East after Saturday’s drone attacks on major oil sites … Read more
via Reuters: WASHINGTON/CHICAGO, Sept 20 (Reuters) – A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington. Chinese officials were expected to visit U.S. farmers next week as a goodwill gesture, but … Read more
by sundance For the past several weeks China has been hoping to divide the trade dispute into two tracks thereby separating trade issues related to U.S. national security. Beijing wants, heck needs, the simple agricultural trade because they are food dependent and need that uninterrupted. However, they are strongly opposed to a comprehensive trade reset. Beijing … Read more
Reclusive Swiss billionaire Hansjorg Wyss — one of the Democrats’ biggest and most secretive donors — is currently under investigation for a 2011 sexual assault, as originally reported in a handwritten complaint by his former employee Jacqueline Long. The current status of the investigation was confirmed by a Nov. 30, 2017 document obtained by TheDCNF … Read more
The wearable LEX chair lets you sit where you want – but will it catch on? A pair of aluminium legs that you strap to your bum could be the solution for people who find there are not enough chairs in the world. As long as they don’t mind looking ridiculous On Wednesday night, the … Read more
Larry Ellison is said to be far less bullish than Wall Street when it comes to Uber. The Oracle founder trashed Uber’s business model at a private San Francisco event this week, according to Barron’s. “They have nothing,” he reportedly said of the ride-hailing giant. “No technology. And no loyalty.” Visit Business Insider’s homepage for more stories. … Read more
An innovative new device is able to generate electricity from the night sky, according to a new study. The research, published in Joule, highlights a new device that uses radiative cooling and is able to generate enough electricity for an LED light bulb, even at night. “Remarkably, the device is able to generate electricity at night, when solar cells don’t … Read more
by Michael Snyder Are we about to see U.S. financial markets go crazy? That is what Goldman Sachs seems to think, and it certainly wouldn’t be the first time that great financial chaos has been unleashed during the month of October. When the stock market crashed in October 1929, it started the worst economic depression … Read more
Snapback Bloodletting in the Overripe Bond Market. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: OK, so we’ve got ourselves one heck of a snapback in government bond yields, not just in the United States, but globally. And the negative-yield mongers that were out there for months, preaching their book and … Read more
https://www.youtube.com/watch?v=-yERi2MmqBg
Important arrests, abortions down, Kevin Spacy’s 2nd a accuser dead! Dems give up on impeaching Kavanaugh, NYT “in ruins” and more!
https://www.youtube.com/watch?v=mCY6DTQ30xg
https://www.cnbc.com/2019/09/20/pivotal-says-sell-roku-stock-cost-of-streaming-devices-to-zero.html Pivotal Research Group sees Roku, an over-the-top (OTT) streaming device maker, stock falling 55% because it looks “overvalued despite the recent pullback.” Roku shares dropped sharply on Wednesday after Comcast announced it would be giving free Xfinity Flex streaming boxes to its internet-only subscribers, a direct competitor to Roku’s devices. “We see dramatically more … Read more
via pjmedia: The city of Chicago is in dire fiscal and financial straits with an almost billion dollar budget deficit, bonds rated at junk status or below, numerous extremely costly legal judgments, a shrinking tax base, and unfunded public pension liabilities to the tune of an astonishing $42 billion. Other than that, it’s a great place … Read more
Authored by Megan Brenan of Gallup 49% in U.S. think a recession is at least fairly likely in the next year Economic Confidence Index +17 in September, down from +24 in August 50% say economy is fair or poor and 48% say it’s getting worse Americans’ confidence in the economy has become less rosy this month … Read more
Save this one for the future…. pic.twitter.com/kzhP2JdzZk — Richard Christopher Whalen (@rcwhalen) September 18, 2019 We’ve had a leg lower in S&P 500 on account of 1. Curve inversion2. Trump’s trade twitter farce3. Saudi attacks 4. Repo ructions Yet, S&P is now less than 1% from all time highs. As a tactical bear, I find … Read more
Facebook has invoked its free speech right as a publisher, insisting its ability to smear users as extremists is protected, but its legal immunity thus far has rested on a law which protects platforms, not publishers. Which is it? Facebook has declared it has the right, as a publisher, to exercise its own free speech … Read more
