Michael Burry takes activist position in $TLRD

by

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

Making Money, Moving Money: The World’s Financial Services Exports

by

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

Forget the Russians: It’s the Federal Reserve Seeking to Meddle in Our Elections

by

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

What unions did for America. We should miss them.

by

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

Rates, Recessions, Rentiers, Oh My!

by

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

Reddit Is Quietly Ramping Up Its ‘Anti-Evil’ Content Moderation Teams

by

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

Uh, OH! The Top 10% Account For 50% Of Consumption, But The Wealthy Have Stopped Spending

by

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

More Than 12 TONS of Beef Recalled Because It’s “Unfit for Human Consumption”

by

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

The U.S. can slash health-care costs 75% with 2 fundamental changes — and without ‘Medicare for All’

by

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

Report from april on track…‘Retail apocalypse’ now: Analysts say 75,000 more U.S. stores could be doomed.

by

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

Lebanon Declares State of Economic Emergency

by

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

Technically Speaking: Just How Long Will Markets Keep “Buying” It?

by

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

Who’s the Conspiracy Theorist Now?

by

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

Do We Face Global Cooling or an Ice Age?

by

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

Oil Prices Must Drop Sharply To Compete With EVs

by

By Tsvetana Paraskova All major stakeholders in the oil industry need oil prices to be higher than the current $60 a barrel Brent Crude to turn profits or balance government budgets. Yet, in the long term, oil prices at $60 wouldn’t be competitive in the transportation sector because they won’t be able to compete with electric vehicles … Read more