McCabe to be prosecuted for misleading statements in Clinton email scandal

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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

Veteran Investor: Buy Gold Now, Thank Central Banks Later

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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

Wall Street: Where the Elite Meet to Cheat

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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

Why Is Modern Art so Bad?

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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!  

After payroll provider collapses, banks drain employee accounts… account shows a negative $999,193.75.

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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 NIRP; Two Powell Pivots; Never ending Trump Jawboning and focus on Markets

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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

SmileDirectClub opens at $20.55 per share in market debut, after pricing IPO at $23

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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

Mnuchin Says U.S. Looking Closely at Issuing 50-Year Bond

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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

Global Currencies Are Falling to Multiyear Lows… ECB Bazooka Triggers Currency War?

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  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

Report: U.S. DC Attorney Jessie Liu Will Indict Andrew McCabe…

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by sundance Several news outlets are now reporting that U.S. Attorney for DC, Jessie Liu, will likely indict former FBI Deputy Director Andrew McCabe for lying to FBI investigators. The reporting is based on leaked email communications from the lawyers representing Andrew McCabe, where McCabe’s legal appeals to Main Justice and current DOJ Deputy Attorney General James Rosen were … Read more

CEOs Abandon Ship: Record 159 Chief Exec Exits In August As Overall Layoffs Surge

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Authored by Mike Shedlock via MishTalk, Reports by Challenger, a global outplacement and business firm, shows record CEO churn and growing corporate layoffs. Overall Layoffs a Growing Concern The August Challenger report says 53,480 Announced Cuts Led by Tech, Trade Issues a Growing Concern U.S.-based employers ramped up the pace of downsizing in August, as companies announced … Read more