A break of this would suggest a potential total collapse of the entire EU banking sector.
via Raoul Pal: This level in the Eurostoxx Banks Index is probably THE most important level of ANY chart pattern in the history of equity markets
China and US inflation is decelerating
China PPI falls into deflationary territory. pic.twitter.com/68nFthqTdO — Eric Basmajian (@EPBResearch) August 9, 2019 Core PPI decelerates to 2.10% pic.twitter.com/rRr72d79Xz — Eric Basmajian (@EPBResearch) August 9, 2019 US PPI Ex. Food, Energy & Trade decelerates from 2.1% to 1.7% pic.twitter.com/nGTiSHXxuE — Eric Basmajian (@EPBResearch) August 9, 2019 UK GDP contracts in Q2 pic.twitter.com/J2fRyUmcNo — Eric … Read more
Reuters: The global economy is probably in recession, with most cyclical indicators showing business activity is flat or falling.
via Alastair Williamson: yup – industrial slowdown is very real Global PMI Heatmap Column: Global economy is probably in recession – Reuters LONDON (Reuters) – The global economy is probably in recession, with most cyclical indicators showing business activity is flat or falling. Recessions become obvious only once they are well established given the lagging … Read more
Uber’s Q2 losses were bigger than total 2018 losses for all but three S&P 500 companies… Imposes engineer hiring freeze
KEY POINTS General Electric, Kraft Heinz and Newell Brands are the only companies in the S&P 500 that lost more money last year than Uber’s $5.2 billion second-quarter deficit. Most of Uber’s loss was tied to stock-based compensation. Uber shares fell after disappointing results. https://cnb.cx/2yLbCPn This hiring freeze comes after 400 layoffs in its … Read more
Companies Use Borrowed Billions to Buy Back Stock, Not to Invest
BOTTOM LINE – U.S. corporate borrowing is on track to exceed last year’s record. But the debt binge is financing stock buybacks instead of productive investment. https://bloom.bg/2OK2BRl
Top 10 Fastest Rising Drug Prices
by AtomicQuasar Ever thought drugs were getting more expensive? Here’s some data to back it up. From 2012 to 2017, these were the top 10 fastest-rising prices among the 36 top-selling drugs available from 2012-2017. The rest of the charts + Article: https://www.clearvuehealth.com/b/drug-price-increase/ Tools Used: D3 for Calculations, CSS/HTML for bars. Data Source: https://jamanetwork.com/journals/jamanetworkopen/fullarticle/2734804
Hundreds of exposed Amazon cloud backups found leaking sensitive data
How safe are your secrets? If you used Amazon’s Elastic Block Storage snapshots, you might want to check your settings. New research just presented at the Def Con security conference reveals how companies, startups and governments are inadvertently leaking their own files from the cloud. You may have heard of exposed S3 buckets — those Amazon-hosted storage servers packed … Read more
Is Extreme Bearishness A Contrarian Indicator?
via upfina: Sentiment surveys show that investors got extremely nervous during this recent correction over the past few weeks. It’s quite remarkable that the percentage of bears got almost as high as the December 2018 mini-bear market and the percentage of bulls fell nearly as low as then. At the worst, the S&P 500 fell 6.8% … Read more
EXPOSED: Media’s Top 5 Mass Shooting Lies!
Steven Crowder exposes the media’s worst mass shooting lies in the wake of the El Paso and Dayton shootings.
1984 Style Dystopia as Walmart Censors Hunting Ads, Video Games, Movies
Leftists used to hate Walmart for exploiting Chinese workers: http://archive.is/EiC82
California city just voted to give a $30 minimum wage to Uber and Lyft drivers
via FC: In Los Angeles County, where the minimum wage is currently $14.25 an hour, studies suggest that Uber and Lyft drivers often make far less. In El Monte, an industrial city east of Los Angeles, the city council just unanimously voted to change that, telling city officials to begin drafting a law that would … Read more
Gundlach puts the odds of a U.S. recession before the 2020 election at 75%
via Yahoo: Bond billionaire Jeffrey Gundlach, the CEO of $140 billion DoubleLine Capital, believes that the odds are increasing that the U.S. economy enters a recession in the coming months. In June, he upped the odds of a recession, placing the probability of one occurring in the next 12 months, at 65%. In a telephone interview with … Read more
Falling Like Dominoes? 3rd (And Largest Yet!) Chinese Bank Bailed Out In Only 3 Months!
Overnight, Heng Feng Bank was bailed out (in a more unusual way than Baoshang Bank and Bank of Jinzhou) were bringing the total number of Chinese bank bailouts to 3 in just the last 3 months! Bailout #3: Chinese Bank With $200 Billion In Assets Is Nationalized https://www.zerohedge.com/news/2019-0…
“The truth about all the mass shootings don’t watch if you can’t handle the truth”
This guy claims to have insider information on the El Paso shooting. He claims his friend’s brother is a Sergeant in the El Paso police department, who describes “8 perfect headshots” – a shooter who knows what he’s doing. He also claims to know a nurse from the El Paso trauma center, she said the … Read more
Trump Exonerated in Latest Epstein Court Document Release: Page 26
Page 26: A: “Donald Trump was also a good friend of Jeffrey’s.” That part is true. It’s true that he didn’t partake in any sex with us, and but it’s not true that he flirted with me. Donald Trump never flirted with me. Q: What is the basis for your statement that Donald Trump is … Read more
ENTIRE NATION SHOCKED to the Core When Hannity Reveals Details in the DOJ Spygate Investigation
https://www.youtube.com/watch?v=KOqdJF0bxrQ Jim Hoft from The Gateway Pundit reports, Sean Hannity told his audience again on Tuesday that when the DOJ investigation on FISA abuse and the Spygate scandal on Trump is complete — “It will shock the conscience of a nation.” Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019/08/sean-hannity-my-sources-are-telling-me-the-doj-investigation-of-spygate-will-shock-the-conscience-of-a-nation-video/
Sara Carter: “FBI Deputy Assitant Director Brian Parmaan leaked sensitive information to the media that was UNDER SEAL in the courts”. This is a criminal offense. Christopher Wray chose to transfer him to another office instead of firing him. Out of 14 agents that leaked,only 4 have been repremanded
https://youtu.be/VnaYf9niTnI Wray hasn’t done anything but protect the deep state AC
MASS Store Closures Continue! Economy Suffering Massive Contraction As Debt Compounds
Stores are closing. Debt is rising. You will only understand the truth if you actively look for this information. Can you handle the truth? You can look at the store closures and dismiss the details. You can see the layoffs and do the same. You can choose to only see government provided statistics, and ignore … Read more
DELUSIONAL MSNBC Analyst Makes Sick Connection to Trump’s Decision To Fly Flags At Half-Staff
https://www.youtube.com/watch?v=6k2hwvDs44g Chuck Ross from The Daily Caller reports, A former FBI assistant director used numerology on MSNBC Monday to link neo-Nazism to President Donald Trump’s decision to fly flags at half-staff to honor the victims of events in El Paso, Texas, and Dayton, Ohio. Read More/Source/Credit/FairUse: https://dailycaller.com/2019/08/06/msnbc-analyst-numerology-trump-flags/