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The Democratic Party's race to turn America into a "socialist utopia" will have DEVASTATING effects if they are successful.@RandPaul joins @ericbolling to discuss the horrific consequences of socialism. Watch more BlazeTV FREE for 30 days ===> https://t.co/i7H0MRcrBp pic.twitter.com/bzwq5y9mEQ — BlazeTV (@BlazeTV) June 30, 2019 h/t Jake
Rick Sanchez discusses the global systemic risk posed by Deutsche Bank and banks of their size. Then author Ian Winer joins to share his insights. He says there’s no chance that Deutsche Bank will be allowed to fail due to the catastrophic effect it would have on the global financial system. But is bailing out … Read more
China is making a lot of demands on the US—end the trade war tariffs, cancel the $2 billion weapons sale to Taiwan. A Hong Kong broadcaster TVB is accused of pro-Beijing bias during the extradition bill protests and loses it’s Pocari Sweat ads. And Disney’s new live action Mulan trailer is out! AC
By Nick Cunningham After weeks of gloom, the oil market is tightening up once again. But it’s not clear how long the upward cycle will last. OPEC admitted this week that it may need to keep the production cuts in place, perhaps beyond the latest extension, because of soaring production from U.S. shale. A combination of geopolitical tension … Read more
Por favor comparte: pic.twitter.com/HYQhf9i218 — Hillary Clinton (@HillaryClinton) July 11, 2019 One of these insane women is currently House Speaker and the other wanted to be President of this country. How is this not illegal? h/t Bananafighter
Chris Cuomo implored viewers not to get caught up in the “intrigue” “When we’re talking about Epstein, you got to stick to what is common sense on these things, all right?” Cuomo said Wednesday night. “Don’t get buried in legalese, don’t follow the finger-pointing, and please don’t get up on the intrigue of who was … Read more
CONTRA COSTA COUNTY (KRON) — While the focus is on upcoming weekend ICE raids, immigration attorneys in the Bay Area say those raids have already begun. A group of Bay Area immigration attorneys entered federal ICE offices in San Francisco during the noon hour Thursday to demand information about the threat of immigration raids this weekend. … Read more
from Mining Stock Education In this interview, Sam Broom, Investment Executive with Sprott Global, shares his current outlook on the resource sector. Because Sam spent his early career as an engineering geologist in both New Zealand and Australia, he offers a unique and informative perspective particularly for North American resource investors. Sam also has a keen … Read more
by Brandon Smith False hope breeds crippling apathy – This is what I have to think to myself when I see the news media fervor over the second arrest of billionaire Jefferey Epstein, or similar events which in most cases end up fading into the background and forgotten. The public’s favorite distraction has always been to … Read more
I see this all the time. Whether it be Prime Day or Black Friday. People get hyped for deals and end up spending a ton of money on things they dont need and brag about getting a good deal. You didnt save money, you spent money. Also, alot of the items advertised are the same … Read more
via Bloomberg: A couple of prominent investment funds are currently living through a portfolio manager’s worst nightmare: So many customers are demanding their money back that withdrawals need to be frozen. Amit Deshpande, a former longtime risk manager, sees it as a wake-up call. In particular, he’s watching the growing ranks of asset managers who rely … Read more
by AlexPitti Housing certainly isn’t strong as real residential investment growth has been negative for 5 straight quarters (although it’s predicted to be positive in Q2). How weak can housing starts get if this cycle barely even saw much of an increase? It’s like the effect losing one game would have on a last place … Read more
https://www.theverge.com/2019/7/10/20689468/tesla-autopilot-trade-secret-theft-guangzhi-cao-xpeng-xiaopeng-motors-lawsuit-filing Lawsuit filed. Very interesting. He is now the “head of perception” at Xiaopeng. Xiaopeng is backed by Alibaba and looking to raise money for a US IPO. Should be interesting to see how this shakes out with trade war tensions high between the US & China.
Just a heads up for everyone, CME Group is holding a futures trading competition next week with the recent micro e-minis. First prize is $2500 as well as $1500 and $850 for 2nd/3rd. Gamble with fake money for a chance to win real money you can gamble with. Literally risk free. https://www.cmegroup.com/futures_challenge/challenges/183/landing h/t laser2ce
KEY POINTS Nordstrom shares are trading nearly $20 a share lower than a $50 a share buyout offer it rejected as too low two years ago. The slide doesn’t mean the company won’t be able to recover. Part of the pressure on its shares is Nordstorm is making the investments it needs to survive, and … Read more
Partly recovered? I can’t wait to see what “fully recovered” looks like. Federal Reserve Chairman Jerome Powell said Thursday that the U.S. economy was hit by a severe “confidence shock” in May from which it has only partly recovered. “You saw business confidence surveys… quite negative, fairly broadly,” Powell said, in testimony to the … Read more
via CNBC: The second quarter flash numbers are “quite disastrous… way below even the worst street forecasts,”said Selena Ling, head of treasury and strategy at OCBC Bank, adding that the main drag remains manufacturing. In the second quarter, manufacturing contracted 3.8% from a year earlier after shrinking 0.4% in the quarter earlier. Singapore authorities … Read more
by visualcapitalist Within the hierarchy of precious metals, there is only one metal that could arguably stand above gold, and that is platinum. This is due in large part to the metal’s rarity throughout history. Its earliest known use was on the Casket of Thebes in Ancient Egypt. South American Indigenous populations also used platinum for jewelry. … Read more
By Global Risk Insights Japan has adopted a peaceful approach towards nuclear technology, limiting it to the use of supplying electricity. This is despite being the only nation to have suffered devastating effects of nuclear warfare. However, the 2011 tsunami triggered an accident at the Fukushima nuclear plant and dramatically changed public sentiment with widespread protests calling … Read more
via NYT: Mr. Epstein is routinely described as a billionaire and brilliant financier, and he rubbed elbows with the powerful, including former and future presidents. Even after his 2008 guilty plea in a prostitution case in Florida, he promoted himself as a financial wizard who used arcane mathematical models, and he often dropped the names … Read more