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via wbir: CHARLOTTE, N.C. — We’ve all been there, whether you’re trying to get in that much-needed workout or simply want to finish a task at work, you decide to pop in your ear buds. It’s the universal sign for do not disturb, right? Apparently, we’re not really as busy as we pretend to be. According … Read more
via WSJ: Mr. Epstein is back in a holding cell, under indictment by a U.S. attorney in New York. He will have his day in court. Presumably we will find out whether the evidence against the hedge-fund impresario for sexually abusing numerous underage girls in the early 2000s is as strong as it seems. But … Read more
Maybe Journalists Aren’t the Real Heroes of the Epstein Case: 11 years later, firefighters arrive at the scene. As you might have noticed, there is a common thread among the examples of investigative journalism’s resurgence: The election of Donald Trump. The Epstein case is no different. More than a decade after his conviction, the presumably … Read more
by Martin Armstrong Paris is adamant that the EU should not renegotiate the Brexit deal. The French want to punish the British at all costs, and that means at the expense of their own employment and markets. Amélie de Montchalin, France’s minister for European affairs, said, “If the UK wants to leave the EU, and … Read more
by Martin Armstrong Bank of Japan (BOJ) Governor Haruhiko Kuroda publicly stated that it may maintain ultra-low rates for a further period of well over a year. However, he also warned against the idea of propping up the economy through unlimited money printing to finance government spending. That may sound nice, but the Bank of … Read more
by Troy Earnings season is just around the quarter, and earnings growth is expected to be negative. Many traders have attributed the stock market’s rally over the past few months to a dovish Fed. Today’s headlines: Earnings growth Goldman Sachs Bull/Bear Indicator Large caps outperforming small caps Industrials underperformance Fed’s dovishness Go here to understand our … Read more
by Daisy Luther Many Americans owe so much money that they have no idea how they’ll ever manage to pay it off. As we’ve posted before, we’re living in a time that is seeing more than half of the families in the US struggling to pay rent, buy food, and get basic necessities. And heaven help … Read more
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
By Tsvetana Paraskova China’s biggest oil and gas producer PetroChina—the first company in the world to reach a US$1-trillion valuation more than ten years ago—is now so cheap that it is worth less than the value of its oil and gas reserves. PetroChina is listed in Hong Kong, Shanghai, and New York. It has been trading in … Read more
The British activist and former English Defence League (EDL) leader was earlier found guilty of contempt of court after he livestreamed information about defendants in a case involving the sexual exploitation of underage English girls in 2017. Stephen Yaxley-Lennon, also known as Tommy Robinson, has been sentenced to 9 months in jail over contempt of … Read more
Please tell me this time will be different. pic.twitter.com/DH4Ehpop1w — Jim Carroll (@vixologist) July 11, 2019
S&P500's Q2 #earnings expectations continue to slide via @biancoresearch @SoberLook pic.twitter.com/G8gnVes5sg — Gregory Daco (@GregDaco) July 10, 2019 Chart suggests earnings are going negative Chart suggests earnings are going negative from CNBC. Manhattan home prices falling at fastest rate since GFC@DeutscheBank @SoberLook @streeteasy pic.twitter.com/AbT2XepB8O — Liz Ann Sonders (@LizAnnSonders) July 10, 2019 Equities pricing in … Read more
via jugglingdynamite: Now at the end of a debt supercycle, job losses in highly cyclical sectors like retail, finance, transport and real estate are spreading to connected industry and services worldwide. The transition here is likely to be more secular and durable than most imagine. Heavily indebted and under-saved consumers spend less and will focus on … Read more
President Donald Trump is pressuring India to lower its tariffs against U.S. companies, but House Democrats and Republicans are offering to open the U.S. labor market to even more Indian college graduates. The economic contradiction was highlighted Tuesday when Trump tweeted his frustration at India’s policy of putting tariffs on American-made goods and services: At … Read more
By: Alexander Trigaux, Editor, GoldSilver.com If you know where to look, the markets are telling you that they understand we’re moving into a new phase of US-dollar decay. With the most recent dovish statement by Jerome Powell, the wheels have been set in motion for a fresh cycle of rate cuts. Going so far as … Read more
by Martin Armstrong QUESTION: Mr. Armstrong; could you explain this whole Customs Union issue in BREXIT? Some see it as a great idea, others say it is surrendering sovereignty to Brussels. SN ANSWER: A customs union, some claim, would help businesses that send goods back and forth to the European Union. So it would be of … Read more
by Michael Snyder On Wednesday, five Iranian gunboats attempted to seize a British oil tanker as it was traveling through the Persian Gulf. As you will see below, this was apparently done in retaliation for an incident which happened in Gibraltar less than a week earlier. British Royal Marines captured a tanker that was reportedly … Read more
