Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The hail of two-notch downgrades doesn’t help. Wolf here: Shares of General Electric [GE] are down over 3% this beautiful Friday morning, trading at $9.20. If they close at this level, they would mark a new nine-year closing low. Shares are down 52% year-to-date: The lowest close since the 1990s was … Read more
today president trump rally west virginia, president donald trump rally west virginia, trump west virigina, trump west virigina rally, this is a trump rally today this is also trump news and news in us news and politics and political news this is also latest news and breaking news in top news from nevada trump rally … Read more
NEW YORK (CBSNewYork) – A rare duck is going viral online after finding a new home in New York City. The Mandarin duck, known for its multicolored feathers and hot pink bill, is native to East Asia. The big question: Why is it here, in the middle of Manhattan? Photographer Dennis Newsham can’t get enough of … Read more
From CNBC: Central banks around the world have upped their spending on gold to the highest level in almost three years, according to the World Gold Council (WGC). More than 148 metric tons of gold were bought by the national banks in the three months to the end of September, a rise of 22 percent on the same period last … Read more
by Thinker Activist Leon Ford, 25, who was shot and paralyzed by police in 2012, announced his bid for Pittsburgh City Council on Thursday, according to WTAE, Pittsburgh Action News 4… “I have been speaking all over the country encouraging young people to not only vote, but to run for office,” Ford wrote in a … Read more
by Jon Hall, Free Market Shooter A report by the U.K. Parliament’s Home Affairs Select Committee details dire consequences for public safety if issues within the police force are not addressed. MPs have said that United Kingdom police risk becoming “irrelevant” to the population as investigations into crimes plummet and a “shockingly-low number of charges” are brought for most crimes, even … Read more
by Martin Armstrong Well, it was only a matter of time that when you read between the lines concerning pet population of dogs and cats, the solution is to REDUCE their numbers – which is really what they argue for behind the curtain concerning humans. I have written previously how they really want to starve humans to reduce the … Read more
Is this the fault of bad socialist policy ? “Germany may be Europe’s biggest and strongest economy and is enjoying record employment, but one fifth of its citizens are struggling to make ends meet, a new study reveals. Some 15.5 million people or 19 percent of the population in Germany were “at risk of poverty” … Read more
Whether it is the polls done by the mainstream media (MSM) or the phony pipe bombs with no explosives sent to prominent Democrats, this election looks like one giant PSYOP. Democrats have no platform except open borders, pro-illegal immigration, cop hating and tax raising. You simply cannot run on that. So, for the Dems, they … Read more
40 percent of black likely voters approve of the job President Donald Trump is doing, according to the daily Rasmussen poll released on Oct. 29. The number marks a record high, the pollster noted, and shows a rapid rise in support for the president among black voters, compared to Rasmussen’s own results from a year … Read more
Home flippers flee market from CNBC. via CNBC: Flipping volume has been falling annually by double-digit percentages for three months. In California, where home prices are highest, flips were down a steeper 22 percent annually. Gross flipping returns in August fell to the lowest level in nearly seven years, according to Attom. A rough combination … Read more
by DirtMcGirt24 If you are young then it’s almost always a good deal for you and the employer. Typically the traditional PPO plan is going to have a much higher premium and cover more and the high deductible plan is going to have a much lower premium. If you don’t go to the doctor, you’re paying … Read more
by arghvark I’ve just accepted a position with a contracting agency; as part of the paperwork, they sent me 2 signature pages for electronic signature. One is numbered page 12, one page 10 from a different document. In both cases, they state that my signature certifies that I have read and understood the documents, that … Read more
by sjsean My wife’s purse was stolen this weekend and someone created a Google Play account in her name. They added her CC # to the account to make purchases. We were alerted to the fraud quickly and deactivated the card. Citicards expedited a new one to us the next day, but just hours after … Read more
by BrokenFireEscape November 1, 2018 – Series I Bonds purchased in the next six months have a fixed rate of 0.50% and a composite rate of 2.83% As the Federal Reserve continues to raise federal lending rates, it is fairly safe to assume that the fixed rate on Series I bonds will continue to climb, too. … Read more
https://twitter.com/OccupyWisdom/status/1058198222630469633 Buyback announcements in: Q1: $242bQ2: $437bQ3: $156b .. via @TrimTabsIR https://t.co/0sf7XqIeO8 — Carl Quintanilla (@carlquintanilla) November 2, 2018 3-month U.S. Libor rates have surged to a new post-crisis high, of 2.54%, more than double where it was last year. This is important because so much debt, including leveraged loans, are pegged to this rate. … Read more
via marketwatch: Struggling to repay your student loans? You’re likely not alone. Roughly 20% of student-loan borrowers said they won’t be able to make their next payment and another 44% report it could be a challenge. That’s according to results of a survey released Thursday by Student Debt Crisis, an advocacy group, and Summer, a company … Read more
Because estimates of growth were unrealistic. Rapid growth temporarily cuts margins in most businesses enough to eat into profits. So failing to hit a high growth estimate might be the direct cause of beating on EPS. Investors may well prefer the revenue growth to the current EPS (because in such situations, current revenue growth drives … Read more
Wow! I never thought I'd see this anytime soon. Leveraged loans just posted a massive outflow for week ended 10/31. @lcdnews pic.twitter.com/QrM8wbONqO — Taylor-Swift Yield Spread (@TayTayLLP) November 1, 2018 Preparing For The Bust: Investors Load Up On Record Leveraged Loan ETF Shorts https://t.co/L0FtglwrPT pic.twitter.com/o5Y9fxF3Ap — zerohedge (@zerohedge) November 1, 2018
BY JARED DILLIAN Everyone strives to be financially independent. By “independent,” we mean not dependent on another person or another entity for our financial well-being. When we are children, we are financially dependent on our parents. At 16, some teenagers will get jobs and achieve a degree of financial independence. Although that is less and … Read more
by Shaun Richards It is time for us to look West again and see what is happening in the new world and this week has brought a curious development. Ordinarily it is central bankers telling us about wealth effects and then trying to bathe in the implications of their own policies but in the US … Read more
by Martin Armstrong Austria and Hungary have now joined Trump in backing out the United Nations migration deal. The UN’s Global Compact for Safety, Orderly and Regular Migration, which is not actually legally binding on any country lacking jurisdiction or power in the UN over the entire world. This deal was finalized and it is widely seen as pro-migration and unrealistic. The greatest … Read more
CNN Jim Acosta calls sarah sandars gutless, instantly regrets it as she shuts him up and completely ruins it all for CNN on live TV. WATCH!!! h/t TRUTHSERIES
Extreme poverty has jumped 40%, deaths related to child malnutrition are on the rise, and millions have fled the country in the past two years. https://www.bbc.com/news/av/world-latin-america-45879534/venezuela-crisis-mothers-giving-away-babies-children-living-on-streets Venezuela crisis : Where families buy rotten meat to eat h/t KOS
