People Who Work From Home Earn More Money, New Study Shows

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via Zerohedge: According to a new Census Bureau report, people who work from home were the highest earning workers in the “median earnings by means of transportation to work” category. Bloomberg highlighted this in a new report that also noted that in 2018, people who took public transportation to work had higher median earnings than those who didn’t. … Read more

Big Oil Tries To Buy Back Investors

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By Tsvetana Paraskova Major oil companies have recently raised their guidance for dividend payouts, promising shareholders handsome returns at a time when a growing number of investors are questioning the future of oil and snub energy stocks. Big Oil and the largest and yet-to-be-listed oil company in the world—Saudi Aramco—have updated their dividend plans in … Read more

SQ alert

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1 Yes the order indeed signed and activated 2 we are also close to martial law as well In The event of martial law Trump will remain president for the duration of the martial law 3 internally Whitehouse is on lockdown 4 no matter if you like or dislike Trump and his behaviors he is … Read more

“In fact, all of Asia– this isn’t just China, but all of Asia has borrowed against the next 30 years to finance the last 10 years. That’s a problem.”

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"In fact, all of Asia– this isn't just China, but all of Asia has borrowed against the next 30 years to finance the last 10 years. That's a problem." – @TonyNashOnAsia on @realvision What country has NOT done that over the past 10 years? pic.twitter.com/fLnRAcc5Rk — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) October 9, 2019 … Read more

Gold & Silver in Q3: Beating All Comers

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by GoldSilver   Our quarterly report is to provide an update on the context of gold and silver price activity. We hope you find it useful as the precious metals market forges ahead. This update briefly examines the performance of gold and silver vs. other major asset classes during the third quarter of 2019, along with … Read more

Bank Earnings Preview: The Good Times Are Coming to an End… Eroding profit margins will push U.S. into recession in 2020,

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Earnings season for banks begins Oct. 15, when J.P. Morgan Chase, Citigroup and Wells Fargo are scheduled to announce their third-quarter results, with Bank of America following up the next day. Banks’ earnings are expected to have held up well despite low interest rates. Still, the Federal Reserve’s policy change means difficult times ahead for … Read more

Credit Card Delinquencies in U.S. on Rise for Smaller Issuers… Job Openings Plunge To 17 Month Low… Teen Spending Falls to An 8-year Low

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(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes. Despite a 50 basis point decline in the U.S. 10-year note yield since late July, the average interest rate on credit cards continues to hover close to record levels, newly released data from … Read more

A $40 Billion Pile of Leveraged Loans Battered by Big Losses… Fed’s Powell Says Planned Bond Buying Isn’t Emergency Stimulus… Investors Are Skeptical

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Murky corporate debt revealing a key risk for the US economy. Leveraged loans perhaps leading overall stocks to the downside. pic.twitter.com/EJQ1naPR01 — Otavio (Tavi) Costa (@TaviCosta) October 8, 2019 via Bloomberg: Sudden drops reflect growing distaste for shakier issues Energy leads list of losers with $12 billion of loans affected Barely noticed in a corner of … Read more

Greece issues negative yielding debt for the first time

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https://www.wsj.com/articles/greece-once-in-crisis-joins-negative-rates-club-11570640925?shareToken=st41c05cd052b54d56aa5329eb9f4f571c Apologies if there are paywall issues. TL;DR: Greece issued €487.5 million worth of three month bonds yielding -0.02%. It’s obviously a short duration, but still a watershed moment.   To think less than five years ago there was a serious risk of the SYRIZA-led government defaulting. Now people are not only willing to lend … Read more

GE’s Gaping Pension Deficit Is Just a Tiny Part of Companies’ $269 Billion Gap

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https://finance.yahoo.com/news/ge-gaping-pension-deficit-just-100000314.html (Bloomberg) — General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of its employees come retirement. All across corporate America, underfunded pensions have become the norm. Even now, a decade after the financial crisis, the largest plans … Read more

No, The Poor Don’t Pay Higher Taxes Than The Rich

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Authored by Phillip Magness via The American Institute for Economic Research, Are the poor actually paying a larger share of their earnings in taxes than the ultra-wealthy? That’s the claim at the center of a new New York Times article purporting to trace the effects of the previous year’s tax cut package. While supporters of wealth taxation quickly … Read more

POTUS: “Military Industrial Complex got tremendous power. They like fighting. They make a lot of money. But it’s time to bring our soldiers home.”

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by ShortTrifle0 Answering questions to reporters, Trump explains why he came to the decision in Syria. He says he wants to double down on bringing the troops home from overseas. He also warns against the Military Industrial Complex and it’s influence in Washington, pointing out the resistance against withdrawing forces. He says the Washington bubble doesn’t … Read more

Attention Bay Area Liberals! THE PURGE Power Outage Begins At Midnight Tonight! Enjoy the benefits of Liberalism!

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By night two, the East Bay Democrats will be eating the San Fran, San Jose liberals. No internet, no EBT, NO ALARM SYSTEMS…. THIS SHOULD BE GRAND! https://weather.com/news/news/2019-10-07-california-counties-power-outages-wildfire-threat Looks like they just started. https://poweroutage.us/area/state/california h/t FE