Socialist Venezuela turns to barter

From Joseph T. Salerno at Mises Wire: In 2006, Venezuela’s president Hugo Chavez declared: There is a market that can be reactivated through barter and not through currency. Let us break that curse [of capitalism]. Well, twelve years later barter is …

READ MORE

MAGAnomics: Jobless Claims in U.S. Lowest Level Since 1969 – As Predicted POTUS Trump Focused on Workforce Development…

by sundance Begin, with the end in mind….  More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) …

READ MORE

Uber’s Q1 results show 67% growth in revenue to 2.5 billion (excluding sale of Southeast Asia assets), 50% reduction in operating losses

https://www.cnbc.com/2018/05/23/uber-q1-financial-data-increased-sales-valuation-with-new-tender-offer.html This kind of growth is pretty much unprecedented at that scale of revenue. This is even more impressive when you consider that 2017 was a difficult year in terms of PR, and that they also gave up a lot …

READ MORE

$MSFT Earnings

https://www.cnbc.com/2018/07/18/microsoft-earnings-q4-2018.html Some points (paraphrased from article): Earnings of $1.13 per share, vs. 1.08 cents per share expected Revenue: $30.09 billion vs. $29.21 billion expected; grew 17% Commercial cloud revenue growth slowed 5%, from up 58% previously to up 53% this …

READ MORE

Sen. Rand Paul: “Trump Derangement Syndrome Has Officially Come to the Senate”… Adam Schiff: “SUBPOENA THE INTERPRETER!”

Adam Schiff Experiences Trump Derangement Syndrome Over Putin Meeting “SUBPOENA THE INTERPRETER!” https://www.youtube.com/watch?v=wdzY7vfp4Co Today Just In His Own Style Adam Schiff Tries To Get House Intelligence Committee To Vote On Subpoena For President Trump’s Interpreter While He Was Talking To …

READ MORE

The Real Deal On Broker Stocks

by Dana Lyons Battered broker-dealer stocks are testing a potentially key line of support. Entering 2018, one of the hottest – and one of our favorite – industries was the broker-dealer space. That mantle of relative strength was further reinforced by …

READ MORE