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by David Haggith Here is a journey in photos and facts to compare the present Great Recession with the past Great Depression to gain perspective on where we might be headed. Just as we had two great world wars, we might have two great depressions, the last of which we started out calling “The Great Recession” … Read more
By Tsvetana Paraskova Khalid al-Falih, the energy minister of the world’s largest crude oil exporter and OPEC’s biggest producer, Saudi Arabia, urged on Thursday countries buying crude oil to secure the free navigation of tankers in the Strait of Hormuz. The Strait of Hormuz near Iran is the most important oil chokepoint in the world with daily oil flows … Read more
by DCG Feces, needles, drugs, rats and car break-ins! Aren’t you in a hurry to plan your next vacation to San Francisco? Even if this article claims that break-ins have declined, it must just be for this year. My blog post from last September told a difference story: “San Francisco had more than 30,000 car break-ins reported last … Read more
At the end he says the Democrats tried to “do an illegal overthrow”.. But we’re gonna find out about that.” JB
https://www.youtube.com/watch?v=ArqP3H-oXeE Some people expected intriguing revelations (HUGE enough to even impeach Trump) from the former special counsel Robert Mueller during the testimony on his report. Yet Mr. Mueller was quite consistent only in one thing – see it for yourself. READ MORE: https://on.rt.com/9yr7
Cassandra Fairbanks from The Gateway Pundit reports, Guests on Sunday’s episode of MSNBC’s AM Joy declared that it is time to start calling supporters of President Donald Trump “racist,” as if they haven’t already been doing that since 2015 and declared that the word “Trump” is a “modern-day swastika.” https://www.youtube.com/watch?v=gNzrkIlknoA Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
Emerging market central banks are the most dovish they've been since 2009 according to BAML's EM monetary mood indicator. (Methodology below) pic.twitter.com/ZRLKuwXGYr — Tracy Alloway (@tracyalloway) July 24, 2019
Just got an email from them alerting users that they basically fucked up and allowed account credentials to be openly read: When you set a password for your Robinhood account, we use an industry-standard process that prevents anyone at our company from reading it. On Monday night, we discovered that some user credentials were … Read more
https://www.marketwatch.com/story/paypal-stock-falls-after-lowered-revenue-outlook-trumps-earnings-beat-2019-07-24 https://www.cnbc.com/2019/07/24/paypal-q2-earnings.html For the second quarter, posted net income of $823 million, or 69 cents a share, up from $526 million, or 44 cents a share, a year earlier PayPal’s revenue came in at $4.31 billion vs. the expected $4.33 billion I think the most important comment from the call was “Schulman said that PayPal … Read more
I don’t know how anyone can conclude this is sustainable.
After 30-plus years in her career, Donna is counting down the months until retirement. She gleefully shares with me everything she has planned for when she can do whatever she wants, whenever she wants. But in the middle of her excitement, something turns her mood. She clenches her fists and asks me demandingly, “Where are … Read more
by howmuch Debt is a pressing issue in the United States, with total private and public debts hitting $70 trillion. At the federal level, growing budget deficits are contributing to this rise, while the private sector has a new growing source of debt: auto loans. Auto loan balances in the U.S. hit a record high $1.28 trillion in … Read more
via Zerohedge: While the western world (and much of the eastern) has been preoccupied with predicting the consequences of Trump’s accelerating global trade/tech war and whether the Fed will launch QE before or after it sends rates back to zero, Beijing has quietly had its hands full with avoiding a bank run in the aftermath … Read more
via Zerohedge: In the last two days, someone, or more than one, has been aggressively buying VIX Calls (bearish market bets that gains as risk re-emerges) relative to puts (bullish bets)… Sending the Call/Put ratio soaring… It seems these notable spikes in VIX Call buying coincide with severe market turning points. Major build up of large VIX … Read more
