Is PetSmart Next? Its Bonds Are Melting Down

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The PE-firm-owned retailer has $8 billion in debt and grapples with its fate. PetSmart, the largest brick-and-mortar pet supply and services retailer in the US and Canada, with 55,000 employees, 1,600 big-box stores, 200 pet boarding …

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America 2018: Dicier by the Day

by Charles Hugh-Smith Scrape all this putrid excrescence off and we’re left with a non-fantasy reality: everything is getting dicier by the day. If we look beneath the cheery chatter of the financial media and the tiresomely repetitive Russian collusion …

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How to wait out the financial mania in safety

by Simon Black http://traffic.libsyn.com/sovman/094__How_to_wait_out_the_financial_mania_in_safety.mp3 In today’s podcast, I share more thoughts on Puerto Rico including my experiences opening a business there. While the island has its problems, I’m still bullish on the long-term future given Puerto Rico’s incredible tax incentives (especially …

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When this market does break you may be waiting a long time to get your money back. Ignoring history, risk levels and valuations has its consequences.

https://twitter.com/michaellebowitz/status/1000090431777136642 https://twitter.com/OccupyWisdom/status/999892622012440576 uh oh pic.twitter.com/yDAwWCz0QR — Alastair (@StockBoardAsset) May 25, 2018 pic.twitter.com/Pt0p50E4Lm — Alastair (@StockBoardAsset) May 25, 2018 don't look at this chart pic.twitter.com/e8sjKffqrh — Alastair (@StockBoardAsset) May 23, 2018 1-Month Libor… May 2009: 0.32% May 2010: 0.35% May 2011: …

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PhD Student Budget Check

by financethrowaway368 Hey guys, my SO and I just finished our bachelors. I was in engineering, and she was in arts. I’m going on to do a PhD, she’s getting certified to be a school teacher (what she always wanted …

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REITs investing

by dvdmovie1 Personally, I like REITs not from the standpoint purely of income, but to look for things that I believe are compelling “growth and income” stories, such as the cell tower REITs and logistics REITs (which I think benefit significantly …

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TRUMP FIRING FBI JAMES COMEY SAVED U.S. FROM ROGUE INTELLIGENCE OFFICIALS

https://www.youtube.com/watch?v=M9oZdACVT4k Your father’s FBI is now the Obama FBI http://www.njherald.com/20161028/your… House GOP sets three FBI interviews in Clinton probe http://www.thegatewaypundit.com/2018/… House conservatives demand an investigation — of Hillary Clinton https://www.washingtonpost.com/opinions/when-all-else-fails-prosecute-the-clintons/2018/05/22/339dd226-5df8-11e8-a4a4-c070ef53f315_story.html?noredirect=on&utm_term=.013f4aad4475  

Hawaii: Mandatory Evacuation NOW Leilani Estates

https://www.youtube.com/watch?v=7WLr7mLC8gc MANDATORY EVACUATION – According to Hawaiʻi County Civil Defense Agency officials, USGS HVO geologists out in the field are reporting eruption activity in Leilani Estates continues to intensify with a flow heading east toward Kaupili, Mohala & Kahukai Streets. …

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FBI Never Was After the Russians

https://www.youtube.com/watch?v=RkGsZzvNzN0 Synopsis: If the FBI was ever after the Russians, why didn’t they go after the folks behind the Uranium One deal? Oh, because it involved not only the Clintons, but then current FBI Director Robert Mueller would come under …

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