https://www.youtube.com/watch?v=KzNiohTMeOI https://dailykenn.blogspot.com/2018/11/uk-retired-white-woman-freezes-to-death.html DAILYKENN.com — An elderly white woman was found frozen to death in a council residence (housing project) while migrants are given priority throughout Britain. Susan Baines was 70-years-old.
As of Tuesday afternoon, Scott leads Nelson 50.1 percent to 49.9 percent, with a 12,562 vote margin. https://www.nbcnews.com/politics/poli…
The markets are down again today after another wild session. Crude oil was volatile as well as the spreads begin to widen between US and Canadian crude. Apple got hammered down again and is now in a bear market at this time, which dragged tech shares along with it. How low do stocks have to … Read more
From Birch Gold Group Now that the midterm elections are pretty much over, the Democrats control the House, and the Republicans control the Senate. This may have several important impacts on your retirement over the next two years (and beyond, depending on policy adjustments). These potential impacts could be crucial because the economic foundation they influence … Read more
by Chris Well, don’t look now but futures on all three US equity indexes are nicely green…msot brain dead trade of the past month. US stocks down on the day? Buy the futures. Not sure how long that will last, but it’s really more of interest than of import. Looks to me like things are breaking … Read more
via confoundedinterest: Wells Fargo is adopting an unusual defense against a shareholder lawsuit: claiming, essentially, that shareholders can’t hold the bank accountable for CEO Tim Sloan’s statements that it was “working to restore trust” and be “more transparent” about its scandals – because it should have been obvious that Sloan was lying. The defense, which Wells … Read more
The 3-Month Libor vs. Euribor spread is at its highest level since 1999! Is the ECB about to start tightening or the Fed about to stop? Either way, unless “this time is different”, such policy changes from similar extremes is what preceded the last two recessions. pic.twitter.com/lOKJ1SASHi — Otavio (Tavi) Costa (@TaviCosta) November 14, 2018 … Read more
via The Phoenix As I warned yesterday, the markets are entering “liquidation mode” Earlier this year it was Emerging Markets. Yesterday it was Oil. And very soon it will be US stocks. *** $SPX (weekly) 50sma – line in the sand pic.twitter.com/LJNem2zWVo — Alastair (@StockBoardAsset) November 14, 2018
Randal Quarles, the Federal Reserve’s vice chair of supervision, said more changes are coming that will allow community banks relief from the post-financial crisis capital requirements. The Fed said two weeks ago that it will place banks into four categories for leverage requirements but stressed that size was only one factor it would use in … Read more
via jugglingdynamite: As the US dollar Index (DXY) strengthens to a new 52-week high above 97, commodities are tanking along with global growth prospects into 2019, and North American government bonds are rising. Oil is down for a record 12th straight day with West Texas Crude (WTI) -24% in a little over a month. Canadian oil–Western … Read more
via yahoo: Bond investor Jeffrey Gundlach, the founder of DoubleLine Capital, reiterated his assertion that the U.S. is “on a suicide mission” by increasing its deficit while the Fed is raising interest rates. Gundlach made the comments during a webcast on Tuesday afternoon shortly after the U.S. Treasury reported that the federal government ran a budget deficit of nearly $100.5 billion during … Read more
Potential homebuyers pulled back last week, worried about rising interest rates and about what was behind big daily drops in the U.S. stock market. Mortgage application volume fell 3.2 percent last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 22 percent lower compared with the same … Read more
via yahoo: WASHINGTON (AP) — The U.S. Postal Service on Wednesday reported a financial loss for the 12th straight year, citing declines in mail volume and the costs of its pension and health care obligations, as the agency braces for an upcoming report ordered by President Donald Trump to address its “unsustainable financial path.” Postal officials … Read more
via Pimco Financial media and investors have been focusing on the BBB segment of the U.S. investment grade (IG) corporate bond market this year. At $3.1 trillion in market capitalization (nearly quadrupled from a decade ago), BBBs constitute nearly half of the investment grade corporate universe, according to the ICE BAML U.S. Corporate BBB and … Read more
Late January winter temperatures grip parts of grain growing areas in Canada and USA along with delayed winter wheat planting, massive rains are delaying harvests in the southern part of the US. Farmers report moldy crops and plantings buried in mud. Record cold extends to southern Mexico with temperatures 25-30F below normal for this time … Read more
by Bill Bonner Writing on the Wall Yesterday, the stock market struggled to rally. Finally, it gave up, leaving the Dow down another 100 points. Sooner or later, we presume, it will be down 1,000 points in a day – or more. Then, people will begin asking questions. We’re prepared. We have some questions ready. But … Read more
via arstechnica: Over the last year, Amazon has dangled in front of cities the possibility that they could host the company’s “second headquarters”—a massive $5 billion facility that would provide 50,000 white-collar jobs. On Tuesday, Amazon confirmed what had been widely reported: nobody would be getting this massive prize. Instead, the expansion would be split in half, with New York … Read more
By Harry Dent I’ve warned for years, and with increasing frequency of late, that the first crash when a major stock bubble of this magnitude finally tops is 42% in the first 2.6 months. That’s the average of seven bubble crashes in the last century. The 1929 crash started off with a 49% crash in … Read more
via dailyreckoning: I recently told you about changes to your personal tax return that you should be aware of for the upcoming Tax Day. But there are big tax savings available if you are a business owner or real estate investor. The Tax Cuts and Jobs Act has changed the outlook for our finances and the … Read more
by User_Name13 Baltimore recently voted on the issue of water privatization, an issue that will increasingly come to the fore in policy debates as the planet continues getting hotter and human population continues to increase. Baltimore voted a resounding NAY on privatizing the city’s water, as they should have. Water is a human right, no matter … Read more
by WarSanchez I don’t care what side you are on, this is ridiculous. From voter roll purging over-heating recounts Email voting Uncounted discovered votes This shit is unacceptable and embarrassing. Tell me how this shit isn’t fixed by the two party system. Oh, and no one will get punished for any of this.
https://youtu.be/qZ34vp74xKU California Highway Patrol Lt. Denis Ford said Saturday that the thief broke into a marked fire department pickup truck from one of the numerous agencies fighting the fire that devastated the Sierra Nevada foothills town of Paradise this week. He stole items including the uniform shirt marked with the firefighter’s last name Saturday. The … Read more
Jack Buckby of TheRebel.media reports: Today, we were given an insight into Theresa May’s Brexit deal. We haven’t been given the exact details of the deal, but through the press we’ve been given an insight into what it entails…and it isn’t good. https://www.therebel.media/theresa-may-brexit-deal-explained-eu https://www.youtube.com/watch?v=-rJQRm16uBo Anya Parampil reports on UK Prime Minister Theresa May’s emergency cabinet … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Unlike Sears, Macy’s didn’t miss the train on online sales. But it uses its vibrant online business to paper over the decline in its brick-and-mortar business. When Macy’s reported third-quarter earnings this morning, it made a big deal out of its same-store sales increase, showing a 3.1% year-over-year increase. It was … Read more
From John Stossel at Reason: Sen. Bernie Sanders recently came up with a new business to attack: Amazon. Sanders said Amazon didn’t pay its workers enough and because of that, many qualified for government assistance. At first, Amazon CEO Jeff Bezos defended his company. That was the right thing to do, says John Stossel. He notes: “It’s … Read more