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From Fox Business: Millennials get a bad rep sometimes, often being told they are difficult to manage and even entitled. Now, a new guilt-ridden study says nearly half of millennials still get monthly money from their parents. Also known as Generation Y, millennials are typically defined as people born between the years of 1981 and 1996 and are poised to … Read more
by axolotl_peyotl The wheelings and dealings of the global financial institutions are finally catching up with the perpetrators of this financial depravity. These “banks” (aka money laundering operations) have created quadrillions in so-called “derivatives” to prop up a profoundly sick and fraudulent system. via gizadeathstar: “A derivatives book of $49 trillion notional puts Deutsche Bank in the … Read more
CLICK TO JOIN THE DISCUSSION: https://www.corbettreport.com/?p=32220 Some want to make the distinction between “propaganda”—manipulating others with lies—and marketing—manipulating others with truth. But is this an accurate distinction? Or is it possible to use truthful information in propaganda. Join James as he explores an example of true propaganda from WWII and calls on the audience for … Read more
Sen. Elizabeth Warren Refuses To Acknowledge Millions Will Lose Their Employer Based Health Care
Procter & Gamble Co. (PG) remains committed to the shaving category via its well-known Gillette brand. The consumer products giant said Tuesday it took an $8 billion write-down on the carrying value of Gillette’s goodwill in the most recent quarter. P&G pinned the blame on currency devaluations since it bought Gillette for $57 billion back … Read more
For the first time in nearly a year, Russia Hoax Queen Rachel Maddow has failed to finish in the top three shows among cable news viewers. With only 2.487 million total average viewers in July, Maddow crashed into fifth place behind four Fox News programs: Hannity (3.332 million viewers), Tucker Carlson Tonight (3.145 million), The Ingraham Angle (2.591 million), and The … Read more
With the global economy slowing down, an analysis by S&P Global Market Intelligence finds unrated borrowers showing an increasing risk of defaults. Small companies without credit ratings are likely to be the first victims in an economic downturn, says Michelle Cheong of S&P Global Market Intelligence. She says unrated firms in China, the U.K. and … Read more
via Kevin C. Smith, CFA:
https://www.youtube.com/watch?v=wMJr7aNjcLQ Molly Prince from The Daily Wire reports, President Donald Trump signed legislation on Monday ensuring that the 9/11 Victim Compensation Fund remains solvent through 2092, thereby virtually ensuring permanent financial support for first responders and their families. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/50013/…
by Natura Naturans The clueless global warming fraudsters will be chagrined by this fact, the best temperature record of NOAA with the best siting, the best thermometers, shows a cooling in the US from 2005: A review of state-of-the-art climate data tells a different story than what NOAA tells the public. While media outlets scream “hottest … Read more
by FS As the financial world waits to see what the Fed’s planned for interest rates, expectations of a recession are growing. Financial Sense Newshour spoke with Ari Wald of Oppenheimer & Co., and Ryan Sweet at Moody’s Analytics, to gage their perspectives on current conditions and how future rate cuts may play out later this year. … Read more
via Trinh Nguyen: Worst sectors in H1: a) Petroleum processing -56%(worsening)🥶 b)Other mining -44% (improving) c) Non ferrous metals -38(improving) d) Chemical fibers -25% (worsening)🥶 e) Metal products -15 ((worsening)🥶 f) Textile -26% (some stabilization) 🥶 Bottom line regarding industrial profits in H1: a) Policy support is working to help stabilize some downstream sectors & … Read more
via @FGMR: Fed debt rising faster than GDP since the financial crisis. With the debt ceiling removed until July’21 we are now in Mises crack-up-boom territory (link: https://kingworldnews.com/james-turk-historic-news-just-announced-that-will-not-only-impact-gold-but-also-the-world/) kingworldnews.com/james-turk-his…
Insiders and “Original Investors” are cashing out. Better sell this soon before this craters. Please do not loose your money. (I am NOT short BYND and as a customer want this company/sector to succeed). The lockout period was supposed to end in October, but insiders could not wait out the sky high valuation. Why do … Read more
via CNBC: Share buybacks are expected to approach $1 trillion this year, according to Goldman Sachs. Funding is coming from a record drawdown in cash as well as a rise in gross debt and leverage. Buybacks have exceeded free cash flow for the first time since the financial crisis. U.S. companies are on pace to … Read more
by meditationLearner IPO — GPRO @ $24 vs BYND @ $25 High — GPRO – $ 98.47 vs BYND – $239.71 Sales IPO year — GPRO – $1,400M vs BYND – $240M Secondary offering before lockout GPRO – @ ~$75 — 1 month before lockout BYND – @ ~$200 — 3 months before lockout Stock Price 1.5 years … Read more
by SpontaneousDisorder He also mentions poor market breadth which we seeing in the “Hindenburg Omens” which were present at the tops last year. Sentiment is also very extreme, for example the 21 day moving av. of the daily sentiment index is 82 in the S&P, which is close to the extremes we’ve seen over the last … Read more
by TacAirlifter The previous record was set back in late summer 2014 at 17.4 billion as you can see in the chart. If record money is leaving stocks and going into bonds … where do you think we’re headed?
via tomluongo: Deal or No-Deal, when it comes to Brexit, the euro is toast. Markets, however, believe the fantasy of its survival. As we approach the end of July the euro clings to support at $1.11, mere pips away from a technical breakdown. That breakdown will trigger a wave of asset liquidation and another round of … Read more