by Michael Snyder Despite all of the other crazy news that is happening all around the world, the top headlines on Drudge on Monday evening were all about the record heatwave that is currently pummeling the Southwest. Of course it is …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Go find someone else to regulate them. Fed Chairman Jerome Powell, during his testimony before the House of Representatives Committee on Financial Services, was asked by representatives Patrick McHenry (R, North Carolina) and Juan Carlos Vargas (D, California) …
It’s all fun and games until you lose your job. https://youtu.be/4N0Bc-MBwNM The New York Daily News announced massive layoffs to its editorial team on Monday. Its parent company Tronc reportedly ordered 50 percent cuts for a new focus on breaking …
via Trevor Hunnicutt Fear that U.S. and Japanese policymakers will scale back economic stimulus sent quivers through debt markets on Monday, while U.S. stocks gained ahead of major company earnings reports. Bond yields climbed as investors forecast the Federal Reserve …
The California Independent System Operator (ISO), the grid operator, said it issued the so-called “Flex Alert” due to high temperatures across the western United States, reduced electricity imports into the state, tight natural gas supplies in Southern California and high …
scientists have developed a revolutionary method that quadratically accelerates artificial intelligence (AI) training algorithms. This gives full AI capability to inexpensive computers, and would make it possible in one to two years for supercomputers to utilize Artificial Neural Networks that quadratically …
by stockboardasset According to researchers at the Economic Policy Institute (EPI), a Washington, D.C.-based liberal think tank, the top 1 percent of American families took home approximately 26.3 times as much income as the bottom 99 percent in 2015— a 4 percent increase …
From Birch Gold Group This week, Your News to Know brings you the latest stories involving gold and the overall economy. Stories include: Italy’s exit from the EU could be the source of the next crisis, gold could soon regain favor among investors, …
by DCG Sponsor of the bill council member Teresa Mosqueda (center)/Twitter photo This sounds like a way to give illegal aliens more rights in the sanctuary city of Seattle. As a house cleaner notes in the article, she’s looking for support …
by badpauly These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following …
Peter Strzok wife was put into the SEC position to block all FBI investigations. Carter Page’s FISA exposes the hoax and this is the heavily redacted FISA application. Clapper blames everything on Obama, they are pointing fingers at each other …
by L1ghtf1ghter Some good news for those who have experienced this scam or know people who have been duped by the same: With stiff sentences for 21 conspirators last week in the United States and a round of indictments in India, …
The EU Parliament released a new study on Central Banks and digital currencies. From this report it looks like the central banks are making a push into cryptocurrencies. Central banks are pushing very hard to move into the crypto realm …
https://www.youtube.com/watch?v=QLQSbWxBgbA
https://www.youtube.com/watch?v=3cgu2gNgj48 Jim Hoft for the Gateway Pundit reports, Missouri is Trump country. President Trump won Missouri by 20 points in 2016. And by now they know one thing… Claire McCaskill doesn’t give a sh*t. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
We are now in month 110. What happens next? Chart via @NorthmanTrader h/t @OccupyWisdom
https://www.youtube.com/watch?v=AW8sqTFXitM Sarah Huckabee Sanders Goes Off On Fake News Reporter Over Trump Russia And Why The press Doesn’t Write Stories About president Trump and the tough things he’s doing against russia that the press doesn’t want to write about this …
Why is the stock market increasingly reliant on massive injections of money to keep it going?
https://www.youtube.com/watch?v=S7SjFeJyMS4 Randy DeSoto for the Western Journal reports, Kentucky GOP Sen. Rand Paul contended earlier this week that many nations, including the United States, seek to meddle in other countries’ elections, which is well-illustrated by a Time magazine cover from …
https://www.youtube.com/watch?v=qJt0rxPJQR0 Specialty insurer and reinsurer, RLI Corporation, saw its second-quarter net underwriting income decline by $5.5 million as a result of volcano activity in Hawaii, while the slow-moving nature of the exposure means there isn’t any available catastrophe reinsurance, according …
Jimmy Dore can be pretty hit or miss but he’s still the man. Good video about how many of the unelected officials responsible for the iraq war, libya, and are still in power…. h/t blobblobbed
via Mike Mish Shedlock Existing home sales declined for the third month, fourth year-over-year. May sales were revised lower. The National association or Realtors (NAR) reported existing home sales for June at 5.38 million homes seasonally-adjusted annualized (SAAR). The NAR revised …
by John Rubino For maybe the best example of how financial trends are diverging at the opposite ends of the wealth spectrum, contrast the cash flowing into the accounts of the already-rich with the debt accumulating in the accounts of …
https://www.youtube.com/watch?v=CCtRCNky9fA Cristina Laila for the Gateway Pundit reports, On Sunday, Dr. Shiva, the real Indian running against fake Indian Elizabeth Warren, was assaulted by a violent liberal outside of a Town Hall Warren held in Great Barrington, Massachusetts. Read More/Source/Credit/FairUse: …
via DANIELLE PARK While stock bulls talk up a “strengthening” economy, consumer spending growth (which drives 70% of GDP in America) has fallen to a 4 ¼-year low even before rising trade tariffs are noted in backward-looking data. Wall Street is …
by John Coumarianos All assets are worth the present value of their future cash flows. Even if you haven’t been to business school and heard this financial theory, you probably have some intuitive sense that if you buy a piece …
From Frank Holmes at Frank Talk: Gold continued its trek lower last week, the price steadying around $1,220 an ounce on Tuesday following Federal Reserve Chair Jerome Powell’s congressional testimony. Powell commented that he thought the U.S. was on course for …
For More Information See: https://twitter.com/realDonaldTrump/s… https://www.zerohedge.com/news/2018-0…
Josh Sigurdson talks with author and economic analyst John Sneisen about the most recent Yuan crisis as we seen signs that the Chinese Yuan is heading towards an even bigger devaluation than it saw in 2015. We recently saw a …
by visualcapitalist Take a look around any major city today, and it’s evident that humans are pretty incredible builders. We can create suspension bridges that span the widest rivers, or sleek skyscrapers that are over 1,000 m (3,300 ft) high. Even …