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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