DAVID HARSANYI: Sorry If You’re Offended, but Socialism Leads to Misery and Destitution.

via dailysignal: Socialism is perhaps the only ideology that Americans are asked to judge solely based on its piddling “successes.” Don’t you dare mention Albania or Algeria or Angola or Burma or Congo or Cuba or Ethiopia or Laos or Somalia or Vietnam or Yemen or, well, any other of the dozens of other inconvenient places … Read more

A Growing Guide For Small Sugar Pumpkins

via readynutrition: Small sugar pumpkins are a perfect addition to any autumn lovers garden!  Perfectly sweet or savory, based on your personal preference, these cute little pumpkins offer a nutritious treat without the tricks! A great source of vitamin E, vitamin B6, folate, and iron, small sugar pumpkins are very low in saturated fat and cholesterol … Read more

Next Recession Starts March 2020?

via UPFINA: The June Conference Board consumer confidence report is an example of a report going from great to good. The consumer confidence index fell to its lowest level since September 2017, which actually doesn’t sound terrible as the economy was doing fine then. However, what does sound bad is this monthly decline is the 5th worst since the … Read more

Economic News/Reports for your radar (Week of July 1-5)

by TacAirlifter   Here’s a weekly tracker for economic announcements/updates to guard against (or prepare) our portfolios (or whatever the hell you call the pot of money you work with): Note – all times are in Eastern Standard Time Monday, Jul 1 – Fed Reserve Vice Chair Richard Clarida speech (2:15 AM): “The Federal Reserve’s Review of … Read more

U.S. dominates second-quarter global M&A as mega deals roll on

https://finance.yahoo.com/news/u-dominates-second-quarter-global-052411365.html NEW YORK/LONDON (Reuters) – Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and seized on strong equity and debt capital markets to agree on transformative combinations. Global M&A volume reached $842 billion in the second quarter, down … Read more

How did the Fed save stocks in June?

via @NorthmanTrader: By going full freak mode printing a new all time in M1 money supply, the biggest one month jump in years. Many times the biggest jumps in M1 come when markets are under stress. but hey….it keeps working…          

House Democrats cave, will vote on Senate-passed border bill

House Democrats will vote Thursday on a clean Senate-passed bill to address the border crisis, marking a blow to Speaker Nancy Pelosi (D-Calif.) and liberal lawmakers who had demanded additional protections for migrant children. Rep. Henry Cuellar (D-Texas), a border lawmaker, announced the plan as he emerged from an emergency meeting in Pelosi’s office in the Capitol. … Read more

What Apple could buy with its cash reserves

by chartr pple has a lot of cash saved up and sitting around, but yesterday it dipped into its piggy bank to buy a self-driving car company. So what else could Apple afford to buy? To put into context just how much spare change Apple has, here are 4 companies that Apple could theoretically buy … Read more

Why Economic Slowdown Continues

via UPFINA: With the disappointing new home sales report we discussed in a previous article and the disappointing headline durable goods orders reading we will discuss in this article, the U.S. economy has seen a continuation of economic reports not meeting estimates. As you can see from the chart below, the U.S. economic surprise index is at -68.1 … Read more

While ISM Manufacturing looks ripe for another (material) drop next, cyclical equities don’t care.

While ISM Manufacturing looks ripe for another (material) drop next, cyclical equities don't care. Maybe as market participants seem to believe that Jerome Powell will save the equity momentum another day? Our weekly editorial here -> https://t.co/pRqwr57ZkM pic.twitter.com/24hK45bqUB — Andreas Steno Larsen (@AndreasSteno) June 28, 2019 stocks post best 1H in 20 years on rate … Read more