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More than 1 million social numbers nicked among other details – FBI collars, charges software engineer A hacker raided Capital One’s cloud storage buckets and stole personal information on 106 million credit card applicants in America and Canada. The swiped data includes 140,000 US social security numbers and 80,000 bank account numbers, we’re told, as … Read more
https://twitter.com/ILMFOrg/status/1155907085210660866?s=20
by northmantrader As outlined this weekend put call ratios are fairly low and benign going into this week’s Fed meeting. No worries. Investor positioning? All in long it appears. One indicator combination of interest, RYDEX account positioning as well as money flows. During times of market stress we can observe shifts to more bearish positioning and the RYDEX … Read more
by Michael Snyder It is being called “the Great Grasshopper Invasion of 2019”, and it is really freaking out a lot of people in Las Vegas, because most of them don’t understand why this is suddenly happening. Unusually wet weather earlier this year created ideal breeding conditions, and now massive swarms of grasshoppers have descended … Read more
via Zerohedge: One could get whiplash listening to Guggenheim’s Scott Minerd’s rapidly changing opinions these days. Back on May 29, the weightlifting CIO of the $265 billion asset manager, made a gloomy forecast on CNBC, predicting that the stock market sell-off is likely far from over, and said stocks would go “somewhere below the lows in December.” Near … Read more
https://www.youtube.com/watch?v=BPhrihnNizk Molly Prince from The Daily Wire reports, Firebrand freshman Rep. Chip Roy (R-TX) slammed House Democrats on Thursday for prioritizing a “fishing expedition” into senior White House aides’ communications instead of focusing upon the needs of the American people. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/49906/…
by Michael Snyder So there is a lot of buzz that the Federal Reserve is about to cut interest rates – and it might actually happen. We’ll see. But if it does happen, it will directly contradict the carefully crafted narrative about the economy that the Federal Reserve has been perpetuating all this time. Fed … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The companies are clients of China’s 2nd largest audit firm, now under investigation. On Monday, Jinhe Biotechnology and Liande Automatic Equipment disclosed in filings that they had been ordered by the China Securities Regulatory Commission (CSRC) to suspend their plans to sell bonds. On Sunday night, four companies — Hunan Baili … Read more
by visualcapitalist The Case for Taxable Municipal Bonds for Investors If you’re a homeowner, there are probably a few things you’ve been neglecting to do. Perhaps the kitchen needs upgrading, or the roof needs replacing. We tend to procrastinate on these improvements due to large renovation costs, until it hits a point where we can’t ignore … Read more
IMG Source: https://unsplash.com/photos/v2ogJh_Pbxg (free to use) Let’s face the truth- killing other animals being an intelligent animal ourselves is quite cruel. However, both death and survival are part of life and we do need food to survive well. Humans have been hunting from the very beginning of their existence to survive in this world … Read more
by BoMcCreadyOC Tool: Tableau Source: ACS
Greg Hunter interviews Kevin Shipp via USA Watchdog Former CIA Officer and whistleblower Kevin Shipp says a very big risk is the global economic system suffering a financial calamity. This includes the U.S. Shipp contends, “Russia and China are stocking up on gold . . . as they agree to stop using the U.S. dollar and go to the … Read more
https://www.youtube.com/watch?v=4GYW59qt-BA 100% Fed Up reports, It’s safe to say that Joe Scarborough has a bad case of Trump Derangement Syndrome. He had an on-air temper tantrum today that was stunning. It’s unbelievable that MSNBC allows this emotional, hate-filled lunatic to just go on and on until he gives up and says “If you don’t do … Read more
From Axios: While U.S. companies continue to vigorously seek new workers, growth in openings for some hard-core digitalized jobs — projected to be among the most prominent work in the future economy — have sharply slowed, according to a new report. Quick take: The reported weakening in hiring may reflect the general U.S. economic slowdown. But, amid … Read more
From Bloomberg: U.S. equities at a record? Volatility near historic lows? Retail investors are in no rush to celebrate. At least that’s the sentiment of mom-and pop investors who took part in the latest survey from the American Association of Individual Investors. In a week when the S&P 500 hit a fresh all-time high, more people … Read more
From the Wall Street Journal: Robots are making their way into New York City’s restaurants. A growing number of dining spots throughout town are using machines to prepare all manner of food and drink, in many cases replacing the employees who would normally handle the task. Think gizmos that can do everything from slice a sushi … Read more
Democracy Depends on the Consent of the Losers: What happens if Donald Trump is defeated? Supporters of losing candidates tend to lose faith in democracy and democratic institutions, even after elections that aren’t particularly contentious. When your preferred politician or party loses, in other words, resentment is inevitable. This is why the democratic bargain is … Read more
