Delinquency Rates of Student-Housing CMBS Spike

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The once hot asset class of high-end student housing runs into reality. “Student housing” is no longer the spartan cramped dorm room. It’s a global asset class. Part of this subcategory of multifamily apartment properties has gone up-scale, and the mortgages to fund these properties, just like the mortgages that fund … Read more

Court Rules Gov’t Must Refund Millions in Red Light Camera Fines:

SOURCE: THE FREE THOUGHT PROJECT (Support Free Thought) – New Orleans, LA — Take away the political corruption, bribery scandals, increased accidents, and police state issues with Red Light Cameras and we are still left with a system that is rooted in the removal of due process. After the corporatist red light camera industry spread through … Read more

Army Slip Up Gives Clue into Domestic Covert Microwave Operations

Black Hawk copters working on ‘emerging classified’ mission Service asks Congress for an extra $1.55 million for project The Pentagon has revealed a few details about a secret Army mission that has Black Hawk helicopters flying missions over the Washington, D.C., area backed by active-duty and reserve soldiers. The mysterious classified operation was disclosed when … Read more

Tucker Carlson Drops HUGE EPSTEIN BOMB, Elites Terrified

Jim Hoft from The Gateway Pundit reports, Judge Jeanine Pirro joined Tucker Carlson on Wednesday night to discuss the ongoing Jeffrey Epstein scandal. Epstein, the highest profile prisoner in the US prison system, was found dead in his New York City prison cell in August. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…

Cloudflare IPO 9/12

by Tikola_Nesla1 “In 2018, Cloudflare reported a loss of $86.1 million on revenue of $192.7 million, compared with a $10.7 million loss on revenue of $134.9 million in 2017. So while revenue grew 43%, expenses skyrocketed 711%. That appears to have been due to a big jump in general and administrative expenses, which jumped to … Read more

Streaming services are accelerating to their death

by __bruh420__ They are dropping new high production value originals almost every day now + there’s incredible fragmentation going on in the industry The scene is already saturated as shit and these originals don’t generate 1/10th of the buzz they would 3-4 years ago. Now Disney and Apple are getting into the scene and it’s … Read more

Short Robinhood’s earning next week, DD inside

by trumantrader I just realized 15 minutes ago that Robinhood ($RH) is actually a public company and its earning release is next week. My plan is to load on puts. Basically, They released a press announcement that China tariffs wouldn’t affect them. Well, duh, how would China’s tariffs on physical products affect a virtual platform … Read more

Major housing bubble alert: Some mortgage originators in Seattle now agree to consider Amazon employees’ potential future earnings from restricted stock units as income for the purposes of qualifying for home loans.

via seattletimes: As if highly paid Amazon employees needed another helping hand, some lenders are making it easier for the company’s new tech hires to qualify for home loans. Some mortgage originators now agree to consider Amazon employees’ potential future earnings from restricted stock units — which can make up the majority of their compensation package … Read more

Global trade volumes 12mo % change haven’t done this in a decade! S&P500 earnings growth 3Q19 in free fall! Global central banks are freaking out with panic cuts

global trade volumes 12mo % change haven't done this in a decade! and before that, the dot-com bust. pic.twitter.com/aZnB5ZgSs6 — Alastair (@StockBoardAsset) September 7, 2019 China's August exports unexpectedly shrink as U.S. shipments slump pic.twitter.com/t70W8V9zCd — Alastair (@StockBoardAsset) September 8, 2019 could plunging car sales suggest consumer sentiment is about to drop? pic.twitter.com/8q8hhrWIAm — Alastair … Read more

The History of Debt Cancellation – Debt Jubilee should be a part of any economic reform

via counterpunch: Left Out, a podcast produced by Paul Sliker, Michael Palmieri, and Dante Dallavalle, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left.   The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political issue … Read more