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by nyWP SmileDirectClub: Moving Fast and Breaking Things in People’s Mouths – 85% Downside 36 State Complaints have been filed against SmileDirect by state affiliates of the American Association of Orthodontists (AAO) alleging, in a substantiated fashion, that SmileDirect is illegally operating as a dentist without proper licensing in the subject states. In Just 5 … Read more
by rapier7 With the recent announcements from most of the major discount brokerages matching 0 commission trades in response to IKBR and Schwab, I sent an email to Fidelity asking if they would match. Here’s the reply… Thank you for contacting us in regard to the recent announcement by other brokerage firms that they are … Read more
by Disloyal_Donkey Car and Driver Stumbled across this while researching which Buggati I want when these SPY Puts print money for the next recession. TLDR: The middle class peasants can’t afford this shit. Auto loans, auto loan rates, and auto loan lengths are all averaging at their high. ($32,119 average, 6% APR for new, 10% … Read more
I don't know anything about how health insurance works, but this seems kinda crazy. $38,000 for a normal delivery. pic.twitter.com/sb4JCV4cN3 — Michael Batnick (@michaelbatnick) October 3, 2019
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It’s so big: Soul searching in the Commercial Mortgage Backed Securities market. The $702 million in unsecured 7.875% bonds that WeWork issued in April last year traded at a record low on Friday afternoon, at 83 cents on the dollar, down 21% from 105 cents on the dollar six weeks ago … Read more
BOSTON (Reuters) – Astronomers get to name comets and biologists get to name species, but come up with something cool in economics and you might be memorialized with a law or a rule or a “curve.” Introducing the latest: the Sahm Rule, whose architect, Federal Reserve economist and consumer section chief Claudia Sahm, came up … Read more
via knowledgeleaderscapital: United States and indeed global economic data have been weak – at least that is the unabated message from the PMI data that were released this week on both manufacturing and services. At this stage everyone knows the survey data, or “soft” data, are weak. The important question now is whether that weakness will … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Fleets are nervous. The latest manufacturing and construction numbers are concerning. The trade issue with China looms.” Layoff decisions by heavy-truck manufacturers are trickling out. A couple of days ago, it was Daimler-owned Freightliner, which said in a statement to WBTV that it would “adjust its production output in line with lower market … Read more
COUP: Brennan Calls on Republicans in Congress to ‘Abandon Trump’ and Oust Him From Office Former CIA Chief John Brennan is ramping up his attacks against President Trump after his first coup attempt using the Russian collusion canard failed. Brennan this week said Trump deserves to be ousted from office and called on Republicans in Congress to … Read more
by AC My wife is fairly apolitical. She doesn’t like talking politics and though she leans conservative (we’re happily married with 3 children, white, no tats, law abiding, self sufficient types, moderate about most social issues, etc.) she doesn’t care about typical “issues” one way or the other. Just wants to go about her business, … Read more
Gun Expert Leaves Congress Speechless With Gun Facts No views•Oct 4, 2019 A Heritage Foundation expert, Amy Swearer, left Congress members speechless after she presented them with gun facts they don’t want to hear.
via UPFINA The S&P 500 fell over 1% in the minutes following the disappointing non-manufacturing ISM PMI report on Thursday. Unlike the reaction to the disappointing manufacturing PMI, stocks recovered quickly because the odds of rate cuts increased. This is yet another example of stocks rallying on bad news because the Fed can help it out. … Read more
Investors are paying a massive premium for stocks that have stable earnings growth & are perceived as safer investments (low vol). Returns are usually poor when crowding is this extreme. pic.twitter.com/d2gzdJAJhr — Greg (@GS_CapSF) October 4, 2019 Goldman's' "current activity indicator" shows US economic growth of 1.3% for September, BUT .. .. if you took … Read more
via lidblog: The man who has been spending much of the last two years trying to impeach President Trump should be examining his own conduct. According to a report in the NY Daily News published six months ago Congressman Jerrold Nadler received at least $65,000 in campaign donations “from the music industry and other intellectual property businesses that … Read more
https://www.youtube.com/watch?v=ieKm4B8zRZU Amanda Prestagiacomo from The Daily Wire reports, Over the weekend, an elderly couple was harassed and blocked from crossing the street by far-left Antifa protestors outside a college in Canada. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/watch-…
by TrailDust In two screen captures ANY QUESTIONS? ~ TD
by Dr. Eowyn Yesterday, Oct. 3, 2019, while President Trump was in The Villages, Florida, he fired his first shot to counter Bernie Sanders and other Democrats’ socialist scheme of “Medicare for all”. See “$16.2 trillion tax hikes to fund millionaire-socialist Bernie Sanders’ Medicare For All plan” Trump warned: “Medicare is under threat like never … Read more
