Despite the Fed, the yield curve is stuck in ‘recession’ mode, stocks are a mess, and manufacturing is in retreat
The signals for a coming recession are now all flashing at the same time. The Federal Reserve’s first cut to interest rates since 2008 did not change the yield curve (the margin between short- and long-dated US Treasury yields). The yield curve has inverted before every US recession for the past 50 years. The yield … Read more
Google parent Alphabet overtakes Apple to become new king of cash
The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade, has passed to Google’s parent, Alphabet, according to figures released in recent days. The switch in leadership follows a concerted effort by the iPhone maker to reduce its liquid reserves, … Read more
Germany’s Whole Yield Curve Dives Below 0% for the First Time
Pretty crazy times we’re in… https://www.bnnbloomberg.ca/germany-s-whole-yield-curve-dives-below-0-for-the-first-time-1.1296327 (Bloomberg) — German 30-year bonds rallied to send yields across the whole of its debt market below 0% for the first time after President Donald Trump ratcheted up the U.S. trade war with China. The euro area’s biggest economy joined Denmark and Switzerland in the region in offering negative … Read more
Jeff Bezos saved nearly $100MM by selling $1.8B worth of AMZN between Monday and Wednesday, instead of today.
On Wednesday evening, hours after the stock markets had closed, Amazon founder and Chief Executive Jeff Bezos filed paperwork with the Securities and Exchange Commission that showed he had sold $1.8 billion worth of Amazon shares over the final three days of July. After taxes, he will net about $1.4 billion. Bezos sold slightly more … Read more
Right now you can cancel your 24 Hour Fitness membership with no penalty. It’s because of the towels.
by HaitianRoulette I just learned that 24hour has stopped providing towels. I found this petty and insulting and spoke to the membership staff about. Canceling. They said that they are waiving the penalties for ending the contract because this constitutes a “loss of amenity “. Might be a good opportunity for anyone wanting to cancel … Read more
In 1985 the Philadelphia Police Department dropped a bomb from a helicopter killing 5 adults, 6 children, and burning down 61 houses.
Philadelphia police dropped an explosive device on the roof of a building housing members of the radical African American movement group MOVE. Police also reported firing over 10,000 rounds for ammunition before the helicopter bombing. On Aug. 8, 1978, with the MOVE organization set to be evicted, a policeman attempted to get inside the house. … Read more
James Comey Not Charged for Mishandling of Memos Documenting and Leaking Conversations With Trump
https://www.youtube.com/watch?v=ZEQUYy-T570 The Department of Justice has declined to prosecute fired FBI Director James Comey for leaking classified information after the matter was referred by the DOJ inspector general. So, what are you supposed to do now?
Torture loophole: Gaps in law mean Israeli security services still torture – report
https://www.youtube.com/watch?v=CmC_rNxxawY An Israeli human-rights group is claiming legal loopholes are allowing the country’s security agencies to get away with torture. The study was based on complaints logged by detainees who allege they were subjected to brutal interrogation techniques.
5500 fraudulent families identified at border in 8 wks. Honduran man buys baby for $80!
“A Honduran migrant admitted to purchasing a baby for $80 in Guatemala after finding out that it was easier for family units to apply for asylum at the United States border.” “The department of Homeland Security has dispatched 400 agents to interview families that are suspected of handing over fraudulent documents. Agents have identified 5,500 fraudulent families – … Read more
2020 Dem Calls For Americans To UNITE Against Big Tech
https://www.youtube.com/watch?v=WUwei5rGbnA Allum Bokhari from Breitbart reports, Anti-establishment Democrat and presidential candidate Rep. Tulsi Gabbard (D-HI), who is suing Google over alleged censorship, released a new video today calling for conservatives and liberals to unite against Big Tech’s assault on free expression. Read More/Source/Credit/FairUse: https://www.breitbart.com/politics/20…
PEOPLE OF COLOR FIGHT BACK: The Black Community Destroys Trump’s “Racism” In One Video
American Latina, born in Puerto Rico, voting again for President Trump. The wind is on his back…Let’s Go!! h/t DS
All Major Central Banks Are Cutting Interest Rates
Here’s today’s article mentioned in this news update: 1. Global Bank Interest Rates https://www.global-rates.com/interest…
Why Bed Bath And Beyond Is Facing Extinction
Cliffs: – Too expensive – Internet killed the retail star AC
Hundreds of bees drop dead around ‘5G towers’
The superfast broadband has sparked controversy since rolling out this year, with health experts claiming it could have serious side effects on humans. And there are now claims online that bees could also be affected after a video went viral. The clip – taken in Sierra Madre, California – shows the lifeless bodies of the bees lying on … Read more
Tsunami warning Indonesia
#BREAKING Tsunami warning as powerful earthquake strikes southwest Indonesia: disaster agency pic.twitter.com/eGvs5qPppD — AFP News Agency (@AFP) August 2, 2019 BREAKING: The official Twitter account of the Meteorology, Climatology and Geophysics Agency (BMKG) has confirmed in a tweet that there was a 7.4-magnitude earthquake. The BMKG has issued a tsunami warning. #jakpost https://t.co/g1WH5Fgmum — The … Read more
Honduran migrant, 51, ‘purchased a six-month-old baby for $80 in Guatemala so that he could seek asylum as a family when he crossed the U.S. border’
U.S. border agents arrested Amilcar Guiza-Reyes, who admitted to buying a six-month-old baby in Guatemala for $80 Guiza-Reyes was nabbed after illegally crossing the Mexico-U.S. border May 7 The Honduran migrant told immigration authorities he purchased the infant in the Guatemalan town of Huehuetenango The undocumented immigrant said he was told that family units presenting … Read more
FEMA to conduct a Nationwide Emergency Alert Test on August 7th
There’s no need to lunge for the storm shelter when those annoying screeches belt out on televisions and radios across the country at 2:20 PM EDT on August 7. It’s just a test. FEMA plans to conduct a nationwide test of the Emergency Alert System next Wednesday afternoon to ensure that the system is able … Read more
Jim Willie: The USFed And A Return To Infinite QE Forever At Zero Bound
by Jim Willie of Golden-Jackass The widespread profound and recognized global recession, complete with numerous icon corporate failures, will lead the US Federal Reserve to return to unlimited Quantitative Easing with a Zero Percent chaser. The Jackass calls it a return to Infinite QE Forever at the Zero Bound. Not only is the double step of return to … Read more
FITTON:HUGE Deep State Corruption: FBI wants 2 years to turn over Page-Strzok docs and now DOJ will give Comey a pass on criminal leaks that tried to destroy President Trump.
by TFittonJW Here is the background: https://www.judicialwatch.org/press-releases/judicial-watch-new-docs-show-fbi-agents-went-to-comeys-home-to-retrieve-memos/ One minute vid: Appearance on Hannity: I am hulking person in the pic with our JW lawyer on the cases, Michael Bekesha.