via CNBC: Panera Bread loses close to 100% of its workers every year. For fast-food chains employee turnover runs as high as 130% to 150%, according to industry measures. McDonald’s is spending nearly $1 billion in 2019 to add ordering kiosks and other tech to stores. Some experts believe it is inevitable that fast food … Read more
by WSBConsensus 1) Fed is easing, but without HY spreads or jobless claims spiking, both of which typically deteriorate into a recession. Crucially, if initial Fed cuts are not followed by a recession, the next 3, 6 and 12 months equity returns were historically very strong– 2) Global activity momentum is likely to look better … Read more
by invest2018 http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=13622252&RcvdDate=8/30/2019&CoName=TAILORED%20BRANDS%20INC&FormType=SC%2013D&View=html Stock is down over 60% YTD for no good reason. People claim that workplace casual is killing $TLRD, but workplace casual has been trending for the past decade and the company has still posted growth numerous times throughout the decade. Demand for suits will always be there because of weddings, funerals, bar … Read more
by howmuch International trade has been in the news lately, with a growing standoff between not just the United States and China, but even the U.S. and Europe. The focus of these headlines is usually on trade in agriculture and physical goods, but trade in financial services matters too, and has its own looming issues. Total global exports … Read more
by ron paul The US Constitution never granted the federal government authority to create a central bank. The Founders, having lived through hyperinflation themselves, understood that government should never have a printing press at its disposal. But from the very beginning of America’s founding, the desire for a crony central bank was strong. In fact, … Read more
by Fabius Maximus Summary: Americans consider a prosperous middle class to be our just due. We forgot how generations of union activists helped create it. The middle class existed for only a few generations, and survived the crushing of unions by only a few decades. On this Labor Day let’s remember the lost history of the … Read more
by Jesse “The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil. Perhaps this is inherent. In a community where the primary concern is making money, one of the necessary rules is to live and let live. To speak out against madness may be … Read more
https://www.youtube.com/watch?v=nOLG4ufAuLI Eighty years ago this week, Britain declared war on Nazi Germany. Within months, we stood alone with the Hitlerite hordes, at the Channel ports, preparing to invade us.
Reddit is expanding their Anti-Evil team. In August, several positions opened in the world of Reddit’s Anti-Evil operations, a shadowy content-moderation initiative which, according to the company, “works almost entirely behind the scenes.” However, few users and moderators truly understand the content policy, nor are they meant to. One potential implication is the action is … Read more
via CNBC: A sudden pullback in spending among the wealthy could cascade down to the rest of the economy and create a further drag on growth. High-end real estate is having its worst year since the financial crisis. Luxury retailers are struggling while discounters like Walmart and Target thrive. At this month’s massive Pebble Beach … Read more
by theorganicprepper A mysterious new beef recall has taken place because the meat is “unfit for human consumption.” According to Food Safety News: Chino, CA-based American Beef Packers, Inc. late Saturday recalled approximately 24,428 pounds of raw beef products that are deemed unfit for human consumption, according to the U.S. Department of Agriculture’s Food Safety and … Read more
https://www.youtube.com/watch?v=5rj-mRw2mQY Sources: https://youtu.be/fPPPExnnBnU
Democrats Are LOSING Union Support To Trump, “The Far Left” Is NOT Working Class. Trump recently fired back at the head of the AFL CIO over criticism on the new trade agreement with Mexico and Canadao called the USMCA. Trump claimed that in private the union leader was grateful but once the cameras turned on … Read more
via MarketWatch: As the Democratic presidential candidates argue about “Medicare for All” versus a “public option,” two simple policy changes could slash U.S. health-care costs by 75% while increasing access and improving the quality of care. These policies have been proven to work by ingenious companies like Whole Foods and innovative governments like the state … Read more
Widespread closures have roiled the retail industry, but many more stores are likely to shut down in coming years to keep up with a shift to online shopping, according to a report by investment firm UBS. An estimated 75,000 stores that sell clothing, electronics and furniture will close by 2026, when online shopping is expected … Read more
by Martin Armstrong Lebanon has maintained a peg to the US dollar for about two decades and as all pegs go, this one is under pressure as the rise in the dollar imports deflation. The central bank has declared an economic emergency as it attempts to reassure people it will hold the peg. Lebanon is … Read more
United States Fiscal Year Pending Cases Figure 1. Pending Deportation Cases, FY1998-FY2019 (to view values, mouse over any bar) Figure 1 shows the number of cases pending before the Immigration Courts by fiscal year. For prior years, the number shown represents pending cases at the end of each fiscal year (September 30). For FY 2019, … Read more
by Lance Roberts In this past weekend’s newsletter, I broke down the bull/bear argument dissecting the issues of cash on the sidelines, extreme bearishness, equity outflows. However, even though the economic and fundamental environment is not supportive of asset prices at current levels, the primary argument supporting asset prices at current levels is “optimism.” “The biggest reason for … Read more
by Wayne Allyn Root Isn’t it funny how the liberal mainstream media loves to throw around the term “conspiracy theorist” at any conservative who tells raw truth and asks lots of good questions about the biggest stories in the news? What’s so absurd about the mainstream media using that term “conspiracy theorist” is these are the … Read more
by Martin Armstrong QUESTION #1: You expect global cooling due to the decrease in solar energy. Why do glaciers melt? MG QUESTION #2: Now that the Greenland Glacier is growing, is this part of the shift back toward global cooling? Do you think we are headed to an ice age? FH ANSWER: There appears to be a 20-year cycle … Read more