The West must respond to China’s rise with strategy, not ignorance and complacency

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by CoolFig https://www.telegraph.co.uk/news/2018/11/02/west-must-respond-chinas-rise-strategy-not-ignorance-complacency/ The paper is called: “Ballistic Josephson junctions and vertical tunnelling transistors based on graphene heterostructures.” It doesn’t exactly sound like a blockbuster. No one except a handful of physicists should care, right? Wrong. In fact, there is something curious about this particular PhD thesis even for a layman. Among the funding organisations thanked … Read more

Republicans On Verge Of Historic Wins In House And Senate As Long Promised Democrat ‘Blue Wave’ Fizzles Out Amid Late GOP Rally

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by Geoffrey Grider Democrat pollster Nate Silver, who just a few weeks ago bragged that the Dems had a ‘85% chance to win the House and Senate, now two days before the elections glumly says ‘anything could happen’ Just a month ago, the Democrats had the much-touted ‘Blue Wave’ lined up and churning, about to … Read more

Italian far-right party supporters demand deportation of illegal migrants

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Hundreds of supporters of the far-right Forza Nuova rallied in the streets of Rome on Sunday. Celebrating National Unity and Armed Forces Day, the far-right party supporters carried banners and smoke flares as they demanded the immediate repatriation of undocumented immigrants. Several Forze Nuova supporters were seen giving the Roman or Nazi salute at the … Read more

Blizzard is Shadily Deleting Dislikes & Comments on Diablo Immortal’s YouTube Uploads

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IMPORTANT CORRECTION: Regarding the example I provided with the Diablo 3 for Switch trailer seemingly not being affected by the “dislikes” purge, I’m now realizing that its “likes” percentage on YouTube doesn’t match the percentage on SocialBlade. Looking back, I noticed all recent videos from the Diablo channel that have been mass disliked are having … Read more

Amazon Hires 20,000 Less Workers For Holiday Season As Robots Continue To Take A Larger Slice of The Workforce Pie

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by Geoffrey Grider Amazon is staffing up for the holiday rush with around 100,000 additional hires. As big as that number sounds, it’s actually fewer people than the e-commerce giant added in either the 2016 or 2017 holiday seasons, when it brought in 120,000 additional workers Most people are not aware the extent to which robots … Read more

Goldman Sachs – Criminal Charges at Last?

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by Martin Armstrong The U.S. Justice Department’s against individuals related to the pillaging of the Malaysia investment fund known as 1MDB offers several new insights into the global, multibillion-dollar scandal. But there is something the press is overlooking. The senior Goldman Sachs banker in Asia who pleaded guilty to U.S. bribery and money laundering charges and … Read more

I Read The News So You Don’t Have To – Market News (Nov. 05, 2018)

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by ogordained Today marks the beginning of the five-day festival of Diwali, when Hindus worship Lakshmi, the goddess of wealth. It’s considered good fortune to buy gold UNITED STATES The jobs report released Friday beat expectations nicely (Actual 250 | Expected 200) Women are entering the workforce at a record rate, outpacing men Hourly wage growth exceeded 3% … Read more

Goldman Sachs on Housing Slowdown

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via  Bill McBride A few brief excerpts from a Goldman Sachs research note today: The Housing Slowdown The most likely drivers of the slowdown are higher interest rates and tax reform. CR Note: We discussed these two key headwinds at the beginning of the year. Goldman Sachs economists estimate that two-thirds of the recent slowdown is … Read more

The Fed Crying Has Begun

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by northmantrader So stocks dropped a little in October. Ok they actually dropped a lot and all of a sudden the S&P 500 was miles away from the all those optimistic 3,000+ year end targets. And what happens when stocks drop hard? Bulls cry for the Fed to come to the rescue. It was quite the … Read more

CIVIL RIGHTS UPDATE: New York Lawmakers Drafting Bill That Would Allow Social Media Checks Before Gun Purchase.

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via wcbs880:  Two New York lawmakers are working to draft a bill that would propose a social media check before a gun purchase. Brooklyn Borough President Eric Adams and state Sen. Kevin Palmer’s proposal would allow authorities to review three years of social media history and one year of internet search history of any person … Read more

Spanish Prosecutor Demand 25 Years in Prison for Catalonia Politicians for Advocating Independence

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by Martin Armstrong The Spanish prosecutor wants to send the politicians of the Catalan independence movement to prison for 25 years. The prosecutor has demanded that the former Deputy Regional President Oriol Junqueras should effectively die in prison. The absurdity of what is going on in Spain reflects that there is no democracy still standing. Dictatorships … Read more

Will this Scheduled Bloodbath in Corporate Debt Deter the Fed?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The path to a somewhat “normalized” interest rate environment, after a decade of central bank emergency measures and credit-market manipulations, is not going to be pretty. And in some areas, a credit bloodbath has been scheduled. But will it deter the Fed? (12 minutes)

Did “Octobear” Pull Rug Out From Under Bull?

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by Dana Lyons Big down months off of highs have led to bear markets in the past. Everything was going just fine for investors at the end of September (well, maybe not under the surface). The major averages closed right near all-time highs, just in time for quarterly 401(k) statements. Then October happened and, well, you know…a … Read more

A RED WAVE [& TRIBUNALS] IS COMING! EARLY VOTING #MIDTERM TOTALS POINT TO TREMENDOUS REPUBLICAN VICTORY ON NOVEMBER 6, 2018

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https://www.youtube.com/watch?v=RCiYSEF6Cgo A RED WAVE [& TRIBUNALS] IS COMING — Dr. Dave Janda Politico: Democrats traumatized by 2016 are having pre-midterms nightmares On the eve of the midterms, President Donald Trump’s approval is falling, young voters are energized, and Republicans look poised to lose their House majority. It’s enough to make Democrats nervous, miserable wrecks. Haunted … Read more

China: Service sector growth slowed sharply in October, Luxury sales slowdown reflects waning Chinese buying power, Investors are bracing for more debt defaults….

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Service sector growth slowed sharply in October, confirming the US trade war is hitting the Chinese economy hard, and sooner than most expected The Chinese service sector continued to grow in October, but at a much slower pace than in the previous month, hitting a 13-month low, data from financial news outlet Caixin showed. The … Read more