Survey of economists by WSJ, highest recession probability reading ever in history of survey

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Survey of economists by @WSJ, highest recession probability reading ever in history of survey pic.twitter.com/eEtwQlG98x — Win Smart, CFA (@WinfieldSmart) August 29, 2019 where is this second half rebound? pic.twitter.com/7pdT1MWS72 — Alastair (@StockBoardAsset) August 30, 2019 U.S. Weekly Leading Index (weekly) stall speed pic.twitter.com/C8dg4HwPRY — Alastair (@StockBoardAsset) August 30, 2019 https://t.co/5lAvB7JT9v — Alastair (@StockBoardAsset) August … Read more

Chart: Which Universities Have the Richest Graduates?

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by visualcapitalist Higher education is often considered the first rung in the ladder of success. That’s why thousands of students flock to top-tier universities around the world, hoping to translate their degrees into financial outcomes. After all, a degree from specific institutions can often mean that a wealthy and secure future is in the books. With … Read more

China will likely wait out the trade war as it bets on its own economy

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As trade tensions with the U.S. draw out, the world’s second largest economy will likely seek to beef up its domestic economy, which contributes more to growth than its exports, according to analysts. “We describe China’s current strategy as ‘endurance’: the main goal is to preserve China’s economic resilience, while taking the higher US tariffs … Read more

Bloomberg: German Unemployment Jump Adds to Pressure for Fiscal Stimulus

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https://www.bloomberg.com/news/articles/2019-08-29/german-unemployment-jump-adds-to-pressure-for-fiscal-stimulus?srnd=premium The number of people out of work increased by 4,000 to 2.29 million in August, the fourth straight month that joblessness failed to drop after six years of almost continuous decline. The unemployment rate remained at 5%, near a record low. The government, after years of running a budget surplus, has signaled it’s willing … Read more

“Monster” Hurricane Dorian Is Projected To Be “A Very Big Hurricane, Perhaps One Of The Biggest”

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by Michael Snyder Well, that certainly escalated quickly.  On Wednesday we were told that Hurricane Dorian would only be a Category 3 storm when it hits the Florida coastline, but now we are being told that it will be a Category 4 storm.  Hurricane Dorian is rapidly gaining strength over very warm waters in the … Read more

China Imposes New Capital Controls, Targets Foreign Real Estate Purchases, as Yuan Falls to 11-Year Low

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Wiring money overseas is not allowed for the purposes of purchasing real estate or insurance products”: banker in China China’s State Administration of Foreign Exchange (SAFE) has rolled out a new set of currency controls to crack down on capital flight from China to other countries, particularly targeting real estate investments … Read more

Trust Us, We Work For The Government

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Authored by Sarah Cowgill via LibertyNation.com, Big tech is in the throes of a heady, voyeuristic power ride:  Siri is listening to people having sex, Alexa is gathering intel inside the home to target advertising, and the smart television is, in reality, watching you.  How Americans have accepted this invasion of privacy is beyond the pale. But it is also commonplace for … Read more

Travelers denied US entry over online accounts

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https://www.youtube.com/watch?v=1TGeRpp16gc Legal journalist Mollye Barrows of Trial Lawyer Magazine joins News.Views.Hughes to discuss the increasing trend of scrutinizing the social media accounts of those entering the US and questions over the policy’s fairness. She argues that policy is being applied subjectively.

MSM/[CB] Plan Just Failed, Watch What Happens Next, and Fell Right Into The Trap, Next Wave Coming, Pain

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The establishment is starting to realize that the BREXIT is going to happen, no matter what they do nothing will stop it. Nigel Farage explains that closing parliament is a normal process. Scottish tory leader resigns, I believe we will be seeing more individuals in the UK resign. MSM /CB plan failed, they tried pushing … Read more