‘TOO LATE TO BE BULLISH’?

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via Yahoo: (Bloomberg) — The S&P 500 is up 18% and powering toward its biggest first half since 1997. For bulls, things are great. Will they get any better? To a handful of cross-asset strategists who turned skeptical on stocks before this week’s manic sessions, that’s becoming the most pressing question. Increasingly, their answer is: … Read more

Europe Has Been Warned: Currency War Is Next Phase Of Global Conflict, Europe Is Defenseless

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Chris Powell of the Gold Anti-Trust Action Committee (GATA) By Ambrose Evans-Pritchard The Telegraph, London Currency war is the next phase of global conflict and Europe, the chief parasite, is defenceless Europe has been warned. Any use of monetary levers to hold down the euro exchange rate will be deemed a provocation by the Trump administration. Further cuts in … Read more

The devastating economic effect of mass migration

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by Fabius Maximus  Summary: Open borders and a massive flow of low-skill immigrants create social and political stresses, but economists tell us they boost the economy. That ignores their costs. Economists extol the boost to GDP produced by poorly educated and low-skill immigrants. That boosts corporate profits and makes America bigger. But it is quite daft … Read more

Man Exposes Billion Dollar Back Surgery Scam Involving Fake Hardware

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Two men in California exposed one of the largest cases of fraud in the history of the state. Bill Reynolds and Mark Sersansie discovered doctors were being paid to perform what some say were unnecessary spinal fusion surgeries. The scam involved doctors allegedly implanting counterfeit hardware into hundreds of patients. “Whistleblower” host Alex Ferrer joins … Read more

Jessie Smollett DO OVER as Judge orders special prosecutor to start from the beginning

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A Cook County judge on Friday ordered the surprise appointment of a special prosecutor to investigate the sudden dismissal of all charges against Jussie Smollett, saying the short-lived prosecution may have been legally invalid from the beginning. Judge Michael Toomin ruled that State’s Attorney Kim Foxx had the right to withdraw herself from overseeing the … Read more

How Millennial Doctors Are Transforming Medicine

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by visualcapitalist Changing healthcare models, groundbreaking advancements in the health technology sector, and shifting standards of patient care—they’re all contributing to a new era of medicine. But arguably one of the biggest changes will be the faces that greet us at a clinic or hospital. Today’s infographic from Publicis Health illustrates the emerging generation of millennial doctors, and … Read more

Texas wants to make sex jokes illegal

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by Simon Black Here’s our Friday roll up of the most absurd and concerning articles we came across this week. UK bans advertisement with “harmful gender stereotypes” UK bureaucrats will now decide if ads and commercials are too offensive. New regulations ban advertisements with gender stereotypes “that are likely to cause harm, or serious or widespread … Read more

Everyone is mad for T-Bonds and piling in like crazy. That sort of investor action in the past has usually not been rewarded

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by Tom McClellan The Treasury Bond blowoff which is currently underway is dragging along the high-grade corporate bonds due to the coattails effect.  That is leading to really strong numbers for the Advance-Decline statistics for these corporate bonds, which has driven up the Ratio-Adjusted Summation Index (RASI) for these bonds to a really high level. When … Read more

June Madness Strikes Washington

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What is going on with Iran is certainly front-page material but there are two other stories confirming that brain-dead flesh-eating zombies have somehow gained control of the White House. The first comes from David Sanger of The New York Times, who reported last week that the United States had inserted malware into the Russian electrical grid to serve … Read more

How your smartphone is deforming your skull structure

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https://www.youtube.com/watch?v=on7TAkPDO0g Rick Sanchez reports on the discovery of changes to the human skull structure resulting from prolonged and repeated US of cellphone technology. Then RT America’s Trinity Chavez explains how over-reliance on “text speak” is damaging teenagers’ communication skills by limiting their ability to develop grammar. This could profoundly limit their opportunities in the future. … Read more

Gov Murphy declares state of emergency in rain sodden S Jersey as officials await more storm evacuation

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https://www.youtube.com/watch?v=T0Q2oeMAdcI Officials are bracing for another round of thunderstorms after torrential downpours hammered South Jersey overnight, flooding highways, paralyzing the PATCO High Speed Line and forcing the evacuation of residents along the rising Rancocas and Big Timber creeks. https://marygreeley.com/?p=87053  

Massive explosion at biggest gas refinery in America

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 A fire at the largest oil refinery on the East Coast turned the early morning sky a bright orange and yellow and awakened startled residents with explosions that shook homes Friday. The fire broke out at the Philadelphia Energy Solutions Refining Complex around 4 a.m., spokeswoman Cherice Corley said. By 9 a.m., emergency workers … Read more

If Facebook and Google don’t fix their problems, advertising execs say they could go somewhere else

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via CNBC: This year as executives from the world’s biggest brands and ad agencies gather for the annual Cannes Lions advertising festival, Facebook and Google, which control the majority of all digital advertising, are facing unprecedented scrutiny. The largest companies in the industry teamed up to announce a new “Alliance for Responsible Content” at this … Read more

Google is giving up on competing with Apple’s iPad as it stops making its own tablets and cancels 2 unreleased devices

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https://www.businessinsider.com/google-will-stop-making-its-own-tablets-2019-6 Google will no longer pursue making its own tablet devices, Business Insider has learned. According to a Google spokesperson, the company has halted the production of two unreleased tablet devices and will not come out with a successor to the Pixelbook Slate. Instead, the company said it would shift resources and focus more attention … Read more