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by Jesse “Trump makes worse an already problematic situation with pensions. So whimsical. POTUS makes an historic monetary policy decision by endorsing negative interest rates, probably unaware of the epic controversy that he opened by doing so. Savers and pensioners thrown under the bus! This is why I think a comprehensive and in a sense … Read more
https://www.youtube.com/watch?v=IMZ0fnT0QgM The incident was reported near Guardamar del Segura resort in Spain.
Will Witt heads to the Arts District in downtown Los Angeles to ask people their opinions on his “artwork” and whether they think there should be standards for judging modern art. Check it out!
by Michael Snyder How will history remember us? As Americans, we like to think that we are a light to the world and that other countries should be using us as a model for how to properly do things. But the truth is that we have become unspeakably evil, and after reading this entire article … Read more
by kob66 MyPayRollHR, a payroll processing provider with about 4,000 small to mid-sized business customers, suddenly closed late last week. In response, the banking system went haywire and began taking funds from employees at many of these firms. Previously deposited pay was removed from their personal banking accounts, or “reversed.” Not once, but twice … Read more
2018/ 2019: $2T in Buybacks Never ending QE Never ending NIRPTwo Powell PivotsNever ending Trump Jawboning and focus on Markets The most pathetic two years in Stock Market History With virtually nothing to show for it 😉@fundstrat @DiMartinoBooth @GaryKaltbaum — Reminiscences of an American Capitalist (@4Awesometweet) September 12, 2019 https://twitter.com/falafeldiaper1/status/1171948094545682432 there's going to be an … Read more
The company priced its IPO at $23 per share on Wednesday, above the expected range of $19 to $22. SmileDirectClub sold 58.5 million shares, raising $1.3 billion and valuing the online dentistry company at $8.9 billion. The stock trades on the Nasdaq under the ticker symbol SDC. The start-up, founded in 2014, sells teeth aligners … Read more
via WSJ: Administration looking for ways to take advantage of low rates to reduce debt-servicing costs U.S. Treasury Secretary Steven Mnuchin said ‘we think there is some demand’ for a 50-year U.S. bond. The Treasury Department is “very seriously considering” issuing a 50-year Treasury bond next year, Treasury Secretary Steven Mnuchin said Thursday, as the … Read more
Cybersecurity company Cloudflare is about to become public company, possibly as soon as this week, and there are indicators that investors are ready to buy in. However, the company also quietly updated its S-1 filing to go public to disclose that it may have broken the law in ways including including selling its services to … Read more
via fxstreet: A malaise has fallen over financial markets. The lack of meaningful news has left prices to drift. Tactically, we watching media for any news on US-China trade, ECB, Brexit, general data to support a Fed direction, for insights to short term price action. In Asian trading, the lack of negative news (Bolton’s exodus can be seen … Read more
https://www.youtube.com/watch?v=Pxo6WCTk-DI
by Kimble Charting U.S. Treasury Bond Yields – 2, 5, 10, 30 Year Durations The past year has seen treasury bond yields decline sharply, yet in an orderly fashion. This has spurred recession concerns for much of 2019. Needless to say, it’s a confusing time for investors. In today’s chart of the day, we look at … Read more
by sundance Several news outlets are now reporting that U.S. Attorney for DC, Jessie Liu, will likely indict former FBI Deputy Director Andrew McCabe for lying to FBI investigators. The reporting is based on leaked email communications from the lawyers representing Andrew McCabe, where McCabe’s legal appeals to Main Justice and current DOJ Deputy Attorney General James Rosen were … Read more
Authored by Mike Shedlock via MishTalk, Reports by Challenger, a global outplacement and business firm, shows record CEO churn and growing corporate layoffs. Overall Layoffs a Growing Concern The August Challenger report says 53,480 Announced Cuts Led by Tech, Trade Issues a Growing Concern U.S.-based employers ramped up the pace of downsizing in August, as companies announced … Read more
The sky is falling: http://archive.is/U4Ki2
via freebeacon: The Democratic party developed an elaborate, multi-year operation in the 1990s that deployed thousands of activists to covertly mold public opinion using talk radio, according to documents from the Clinton Presidential Library. The Democratic National Committee (DNC), with the blessing of the Clinton White House, launched the Talk Radio Initiative (TRI) ahead of the … Read more
(Bloomberg) — Chinese researchers safely treated a man with leukemia and HIV using gene-edited stem cells, a step forward in a field that was shaken last year when another Chinese scientist used the same technology to create the world’s first genetically-edited babies. The man’s medical case, published Wednesday in the New England Journal of Medicine, … Read more
