Tennese Democrat candidate calls out democrats for not focussing on their traditional working class representation.
https://www.youtube.com/watch?v=tSkvYgYEI4w They are desperate. h/t Mccruise
I Read The News So You Don’t Have To – Market News (Nov. 06, 2018)
by ogordained UNITED STATES The ISM Non-Manufacturing index reveals continued economic strength Jobs in professional services, health, and construction grew rapidly over the last 12 months New businesses are forming almost as fast as new jobs are being created Worry over new antitrust rules aimed at tech companies, coupled with worries over weak iPhone sales sent Applestock down On the Ballot Today: San Francisco will vote … Read more
If Politics Were Real
by Chris It’s entirely laughable that the NYTimes is beating the Russia-gate story still, and it’s actually deplorable how badly they have mangled the statistics. No excuse whatsoever for being so misleading except that it’s intentional and derelict. The result? It’s another unpredictable squeaker of an election when it should be a landslide. Caitlin Johnstone … Read more
Construction of Trump’s border wall to begin in February
From USA Today: $145 million contract has been awarded to start the construction of a border wall along the U.S. Mexico border in Texas. U.S. Customs and Border Protection and the U.S. Army Corps of Engineers awarded a contract to construct about six miles of levee wall system in the Border Patrol’s Rio Grande Valley sector in … Read more
Democrats More Worried Than Republicans About Election
Authored by RJ Reinhart via Gallup.com, 81% of Democrats worry about effect of continued GOP control of the House 64% of Republicans worry about effect of Democrats taking the House By 50% to 44%, Americans expect GOP will retain the House More than eight in 10 Democrats and Democratic leaners (81%) say they are very … Read more
Video of election tampering in PA in Ward 19 of Pennsylvania’s District 9
WTF is this ? Absolutely amazing! Hope this video is given to election supervisors who can do something about it. I would say the same if the sign said Republicans. Not appropriate at all! THIS IS ELECTION TAMPERING. I was sent this video by a friend who wishes to remain anonymous, I have blurred the … Read more
The Hedge Fund Betting on a Credit ETF Implosion
via Bloomberg: After quitting his job at a $7 billion hedge fund to go it alone three years ago, Adam Schwartz happened upon a short so certain he built a notional position amounting to half his fledgling firm’s assets on it. He’s been borrowing shares and stockpiling bearish options on exchange-traded funds that track major … Read more
LIST: Fattest States In USA…
via ksat: The study also identified the most popular comfort food for each state. Texas’ comfort food? Brisket. See the top 10 list of fattest states in America: 1. Mississippi 2. West Virginia 3. Arkansas 4. Kentucky 5. Tennessee 6. Louisiana 7. Alabama 8. South Carolina 9. Oklahoma 10. Texas See the 5 states on the slimmer … Read more
EXODUS: California lost more residents to other states than got last year
Leaving California? You’re not alone. The Santa Cruz Sentinel reports: About 130,000 more residents left California for other states last year than came here from them, as high costs left many residents without a college degree looking for an exit, according to a Sacramento Bee review of the latest census estimates. They most often went to cheaper, nearby states — … Read more
The Fed Frets about “Collateral Stripping,” “Incremental Facilities,” “Cov-Lite,” and “EBITDA Add-Backs” in $1.3-Trillion Leveraged-Loan Boom
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter PE firms are all over this, but investors are still chasing yield. Since the Federal Reserve started warning about the risks of “leveraged loans” in 2014, the amount of US leveraged loans outstanding has surged with delicious irony from $700 billion to $1.3 trillion. These things are hot. And now the … Read more
Facebook is Collapsing as 44% of Young Users Delete the App
HAHAHA: http://archive.is/r79Sx Well Facebook shouldn’t be censoring people with different opinions Their stocks will probably be so useless that they will be compared to toilet paper in the next 5 years AD
MASS IMMIGRATION TURNS YOUR COUNTRY INTO THEIR COUNRY. THEIR CULTURE BECOMES YOUR CULTURE
Mass immigration divides the people and helps steer all control to those in charge with their most effective weapon The Mainstream media https://www.youtube.com/watch?v=awvOfhl97jg CL
BANG! It’s Election Day! Then This Happens… Plus a “Predicted” Winner…
No blue wave, only blue tears. AC
San Diego Housing Market Is CRASHING! – Worst In 11 Years!
Josh Sigurdson talks with author and economic analyst John Sneisen about the crashing San Diego housing market as the bubble has been propped up to such an incredible pressure that we’re finally starting to see the resistance in the beautiful southern California city. San Diego housing sales have gone down to their worst in 11 … Read more
Global InterGold Gives 3 Good Reasons to Invest in Precious Metals
If you’re an investor or even just a financially conscious individual, chances are you’ve already considered the idea of investing in precious metals. However, since there are always two sides to every coin, it is possible that you might have dismissed this option after being misinformed about the associated risks and costs. Today, we have … Read more
Stocks that are Rising/Fallling And Why (6 Nov 2018)
by NaturalHedgehog Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging! Below are my notes from 5 November 2018 as of mid-morning. (This list is limited to companies … Read more
LIBOR Highest In 10 years, Crude Oil Enters Bear Market, Earnings Momentum Has Deteriorated
https://twitter.com/OccupyWisdom/status/1059860505723056128 WTI Crude Enters Bear Market – Plunges To 7-Month Lows WTI Crude futures are down 20% from their early October highs, with the front-month contract back to a $61 handle at its lowest level since April. As more details emerged of US sanctions exemptions and the US-China trade war stoked concerns over slowing global growth … Read more
Trump vs the Midterms
by Raúl Ilargi Meijer Elio Ciol Via Portica, Assisi 1958 Pollsters were so wrong in 2016 you’d think they would have changed jobs by now. Yeah, sure. We remember the 97% prediction for a Hillary win, right? And the 92% from the New York Times? Happy days. Now we have the same suspects plying their usual trade … Read more
Chris Vermeulen: The Calm Before The Market Storm
by Chris Vermeulen of The Technical Traders With very strong US jobs data hitting the news wires this morning and an incredible upside price swing overnight because of expectations and hope of a US/China trade deal in the works, we were not surprised by the downside rotation in the US stock market this morning. As we’ve been warning … Read more
Household Income Distribution in the U.S. Visualized as 100 Homes
via visualcapitalist: View a high resolution version of this graphic. Inequality in America has become a major talking point in recent years. For many people though, the concept of inequality – the idea that wealth is spread very thinly at the lower end of the socioeconomic ladder – is still an abstract concept. There are over 125 million … Read more
John Rubino – NYC is Involvent
from Financial Survival Network John Rubino returns… When it comes to government incompetence, few places can match New York’s. Corrupt labor laws, rapacious unions and bought and paid for politicians have led the CIty and State into a death spiral. It’s just one of many cities and states facing the burden of retiree pension and healthcare benefits. … Read more
Technically Speaking: Election Day & What Happens Next
by Lance Roberts In this past weekend’s newsletter, I noted Raymond James’ Kevin Giddis’ three possible outcomes for the mid-term elections: “What could a potential change do for bonds and stocks? There are many possible scenarios, so the devil is in the details. I will lay out a couple of them for you: 1) The Republicans could … Read more
Keith Weiner: We Wouldn’t Bet On A Gold-Backed Yuan Even With Our Worthless Fiat Paper Dollars
by Keith Weiner of Monetary-Metals Terry Goodkind wrote an epic fantasy series. The first book in the series is entitled Wizard’s First Rule. We recommend the book highly, if you’re into that sort of thing. However, for purposes of this essay, the important part is the rule itself: “Wizard’s First Rule: people are stupid.” “People are stupid; given proper … Read more
Real Estate SLOWDOWN Coming as Inventory PILING UP! Canada Can’t Handle the Massive Debt!
Do you think that Canada’s real estate is too expensive? Or should we just take off to our igloo’s, eh?