by Simon Black A few hours ago, the European Central Bank announced a bonanza stimulus package: interest rate cuts, money printing, quantitative easing, the whole nine yards. Europe’s economic growth has ground to a halt. The German economy actually shrank last quarter, according to official statistics. So the European Central Bank is throwing everything including the … Read more
Drone footage of the severe damage from the 500 block of Fairview Avenue NE in Grand Rapids on Thursday, Sept. 12, 2019. High winds damaged an apartment complex and homes in the area around 8 p.m. on Wednesday, Sept. 11. Sound the alarm AC
Watch the latest video at foxnews.com U.S. Attorney Jessie Liu has recommended moving forward with charges against Andrew McCabe, Fox News has learned, as the Justice Department rejects a last-ditch appeal from the former top FBI official and current CNN contributor. McCabe — the former deputy and acting director of the FBI — appealed the decision of … Read more
https://twitter.com/Johnheretohelp/status/1171972293968441344 Tweets by Johnheretohelp h/t Fungi
From Birch Gold Group This well-known financial commentator — known as the “Pied Piper of emerging markets” — usually talks about hot new investment opportunities around the globe. But now, he can’t stop talking about gold. Recently on CNBC’s Street Signs, veteran investor Mark Mobius, founding partner of Mobius Capital Partners, boldly proclaimed “gold is the way … Read more
by Jesse “Trump makes worse an already problematic situation with pensions. So whimsical. POTUS makes an historic monetary policy decision by endorsing negative interest rates, probably unaware of the epic controversy that he opened by doing so. Savers and pensioners thrown under the bus! This is why I think a comprehensive and in a sense … Read more
https://www.youtube.com/watch?v=IMZ0fnT0QgM The incident was reported near Guardamar del Segura resort in Spain.
Will Witt heads to the Arts District in downtown Los Angeles to ask people their opinions on his “artwork” and whether they think there should be standards for judging modern art. Check it out!
by Michael Snyder How will history remember us? As Americans, we like to think that we are a light to the world and that other countries should be using us as a model for how to properly do things. But the truth is that we have become unspeakably evil, and after reading this entire article … Read more
by kob66 MyPayRollHR, a payroll processing provider with about 4,000 small to mid-sized business customers, suddenly closed late last week. In response, the banking system went haywire and began taking funds from employees at many of these firms. Previously deposited pay was removed from their personal banking accounts, or “reversed.” Not once, but twice … Read more
2018/ 2019: $2T in Buybacks Never ending QE Never ending NIRPTwo Powell PivotsNever ending Trump Jawboning and focus on Markets The most pathetic two years in Stock Market History With virtually nothing to show for it 😉@fundstrat @DiMartinoBooth @GaryKaltbaum — Reminiscences of an American Capitalist (@4Awesometweet) September 12, 2019 https://twitter.com/falafeldiaper1/status/1171948094545682432 there's going to be an … Read more
The company priced its IPO at $23 per share on Wednesday, above the expected range of $19 to $22. SmileDirectClub sold 58.5 million shares, raising $1.3 billion and valuing the online dentistry company at $8.9 billion. The stock trades on the Nasdaq under the ticker symbol SDC. The start-up, founded in 2014, sells teeth aligners … Read more
via WSJ: Administration looking for ways to take advantage of low rates to reduce debt-servicing costs U.S. Treasury Secretary Steven Mnuchin said ‘we think there is some demand’ for a 50-year U.S. bond. The Treasury Department is “very seriously considering” issuing a 50-year Treasury bond next year, Treasury Secretary Steven Mnuchin said Thursday, as the … Read more
Cybersecurity company Cloudflare is about to become public company, possibly as soon as this week, and there are indicators that investors are ready to buy in. However, the company also quietly updated its S-1 filing to go public to disclose that it may have broken the law in ways including including selling its services to … Read more
via fxstreet: A malaise has fallen over financial markets. The lack of meaningful news has left prices to drift. Tactically, we watching media for any news on US-China trade, ECB, Brexit, general data to support a Fed direction, for insights to short term price action. In Asian trading, the lack of negative news (Bolton’s exodus can be seen … Read more
https://www.youtube.com/watch?v=Pxo6WCTk-DI
by Kimble Charting U.S. Treasury Bond Yields – 2, 5, 10, 30 Year Durations The past year has seen treasury bond yields decline sharply, yet in an orderly fashion. This has spurred recession concerns for much of 2019. Needless to say, it’s a confusing time for investors. In today’s chart of the day, we look at … Read more
