The bull market that began on March 9, 2009 is now 3,777 days old. Need 717 more days to top the longest bull ever (1987 – 2000). $SPX

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The bull market that began on March 9, 2009 is now 3,777 days old. Need 717 more days to top the longest bull ever (1987 – 2000). $SPX (note: bull defined as >20% advance that continues until >20% decline occurs, closing prices only, not total return.) pic.twitter.com/cFv2omWaFd — Charlie Bilello (@charliebilello) July 13, 2019

Dewan Housing Fails To Pay Inr480M Interest On 2 Bonds

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Dewan Housing Finance Corporation (DHFL) has posted a big loss of Rs 2,224 crore for the quarter ended March 2019, which was dented by additional provisioning. It was the first quarterly loss reported by the company since its inception, as per financials record available on Moneycontrol since June quarter 1998. The stock had lost nearly … Read more

For those who “can’t see the recession”…

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For those who "can't see the recession", it's illustrated for you in this chart. The NY Fed model now pegs recession risk at 32.9%, a 12-year high. History shows there's no turning back at this level. pic.twitter.com/hUteBhNOzr — David Rosenberg (@EconguyRosie) July 8, 2019 Class 8 Truck orders have collapse to 2008 financial crisis levels … Read more

California: Here Be Monsters.

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● Sacramento County Says It’s Illegal to Work on Your Own Car in Your Own Garage. —Jalopnik, July 3rd. ● “In a bizarre stunt Friday, an elf-costumed real estate developer threw money at residents of a homeless camp in California in an effort to entice them to leave.” —Fox News, yesterday. ● How California’s Housing Crisis Could Hit … Read more

Manhattan: 5 Hours Of Darkness… Blackout Stuns Midtown, Upper West Side Of Manhattan… Knocks Out Subways, Businesses, Elevators

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Lights back on after Con Ed equipment failure plunges much of Manhattan into the dark on a summer Saturday night Broadway went dark along with much of Midtown and the Upper West Side on Saturday night when a Con Ed equipment failure cut power to hundreds of thousands of people in Manhattan. Straphangers were led … Read more

Katie Couric And George Stephanopoulos Dined With Jeffrey Epstein After He Was Branded A Sex Offender.

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Forbes ran an article he or his staffers ghost-wrote. As the New York Times reports, “Jeffrey Epstein Was a Sex Offender. The Powerful Welcomed Him Anyway.” A strange thing happened when Jeffrey Epstein came back to New York City after being branded a sex offender: His reputation appeared to rise. In 2010, the year after he … Read more

Finance Costs Are Killing The Shale Industry

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BY SRSROCCO If the rapid decline rate or the massive debt doesn’t destroy the U.S. Shale Industry, the finance costs most certainly will.  The amount of interest expense the shale companies have paid to finance business and increase production is stunning, to say the least.  But, the real problem for the shale industry, isn’t the … Read more

Martin Armstrong: Epstein Case Could Shake Global Confidence, USA Prettiest Ugly Sister in Global Economy

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Legendary geopolitical and financial analyst Martin Armstrong says America’s economy is like being “the prettiest ugly sister in the family” of nations. So, if the U.S. economy is so good, why the rush to cut interest rates? Armstrong explains, “It’s really the world economy which is in serious trouble. You really have to look closely … Read more

Marijuana may become legal country wide. What type of companies / cannabis related niches will prosper the most if it happens?

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by 12_year_old_boi When marijuana becomes legal, you can see its effects in a number of industries: Number #1, tobacco and vaping will definitely go in big and make a ton of money for obvious reasons. Some in the alcohol industry fear that marijuana will take away its business, so expect the alcohol industry to make marijuana-infused drinks to … Read more