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by work_login I have a friend with 6 year old Civic that’s paid off and only has 55k miles. About a month ago, I was surprised to hear him talking about getting a new car again. I asked him why he wanted to get rid of his civic and he said he rented a new … Read more
via thesoundingline: The United States engaged in roughly $608 billion worth of research and development in 2018. That figure includes R&D by all entities in the US, from universities to private and public corporations. During the same year, corporations in the S&P 500 spent $806 billion buying back their own stock. In other words, the 500 largest companies … Read more
Aurora Cannabis GE Ford Apple Microsoft Cronos Group Fitbit GoPro Tesla AMD Canopy Growth Snap Facebook Hexo Disney Alibaba Amazon Plug Power Zynga Nvidia https://www.investors.com/news/marijuana-stocks-aurora-canopy-growth-hexo-cronos-lead-millennial-investors/
via @charliebilello: Bitcoin $BTC: +143% REITs $VNQ: +22% Nasdaq 100 $QQQ: +21% S&P 500 $SPY: +18% Oil $USO: +16% Small Caps $IWM: +16% EAFE $EFA: +12% Investment Grade $LQD: +10% High Yield $HYG: +9% EM $EEM: +8% Commodities $DBC: +6% Bonds $AGG: +5% Gold $GLD: +5% Cash $BIL: +1%
via @TaviCosta: $SPY volume almost as low as the last two market tops. via @yuriymatso: Dark pools index dropped today: institutional money sold into today’s rally.
Left in the dark, ECB policymakers divided on stimulus options. "Conversations w/sources on sidelines of ECB’s Sintra symposium showed that rate-setters had not expected such a strong message and that there was no consensus on the path ahead," RTRS reports https://t.co/x8nB71o4Mt pic.twitter.com/JG5By5ABrk — Holger Zschaepitz (@Schuldensuehner) June 18, 2019
Look at this plot from @Callum_Thomas . This market will go a lot higher before it goes lower and it does not matter how crap the data looks (and yes it looks horrible) but other factors are in the driving seat pic.twitter.com/64UQyBZWIp — M vestergaard (@mvesterg) June 18, 2019 Cass Freight index deteriotes further now … Read more
by TFittonJW The largish person in photo is me on roof of our Judicial Watch HQ here in DC.
from Financial Survival Network Jason Hartman says that it’s hard to believe that it’s been a decade since the financial crisis. While we’ve learned some lessons, it’s clear we haven’t learned the important ones that we need to avoid the next crash. While banks are not making reckless liar loans but the lending standards have clearly been … Read more
by Richard Rosso Financial wellness is difficult to achieve without steeled resolve for fiscal self-preservation and an endlessly skeptical nature about the information provided by mainstream financial media. You as saver, investor and commander of assets and liabilities that steer the household balance sheet toward achievement of financial milestones such as retirement planning, must carefully … Read more
by Talldarkn67 Let’s start with the fact that 90% of all American media is controlled by 6 companies and who they are: https://www.businessinsider.com/these-6-corporations-control-90-of-the-media-in-america-2012-6 Now let’s see which of these companies are investing in China and which are not. Let’s start with GE: http://www.chinadaily.com.cn/business/2017-11/08/content_34271935.htm Now Disney: https://skift.com/2018/11/08/disney-ceo-still-bullish-on-china-despite-shanghai-park-slump/ Viacom: https://www.hollywoodreporter.com/news/viacoms-mtv-nickelodeon-unveil-china-partnerships-at-mipcom-1152607 Time Warner: https://www.broadcastingcable.com/news/time-warner-inks-investment-partnership-china-media-capital-114529 CBS: https://www.cbscorporation.com/cbs-studios-international-and-chinese-streaming-platform-iqiyi-announce-licensing-agreement-for-the-late-late-show-with-james-corden/ https://www.newyorker.com/culture/culture-desk/cbs-censors-the-good-fight-for-a-musical-short-about-china Then … Read more
Judicial Watch President Tom Fitton says the Steele dossier was funneled through John Kerry’s State Department under the Obama administration.
Watch the latest video at foxnews.com The State Department revealed Monday that it has identified “multiple security incidents” involving current or former employees’ handling of Hillary Clinton’s emails, and that 23 “violations” and seven “infractions” have been issued as part of the department’s ongoing investigation. The information came in a letter to Iowa Republican Sen. Chuck Grassley, who is … Read more
by Dr. Eowyn James Mattis, 68, former U.S. Marine Corps general who was widely revered by rank-and-file Marines for his blunt talk and leadership, was recruited by President Trump into his administration as Secretary of Defense, to the roaring approval of conservatives and patriots. See “Obama regime purges 5th senior military officer: Cmdr of CENTCOM James … Read more
Betsy reads a letter from a Facebook insider who claims to know the real truth about why and who created Facebook. To read the letter and use the translation feature on the page to convert to a language of your choice: https://aim4truth.org/2019/06/13/face…
Federal officials made a massive cocaine bust in Philadelphia Tuesday, seizing an estimated 16.5 tons of the drug from a ship there — with a street value of over $1 billion, officials said. The historic bust — the largest in the history of the Eastern District of Pennsylvania — comes amid a series of large … Read more
Via ZeroHedge California and Texas are the states hosting the biggest populations of undocumented immigrants in the U.S., according to estimates by Pew Research Center. The two states were supporting undocumented populations of 2 million people and 1.6 million people in 2017 respectively. New York, Florida, Illinois and several more states along the Eastern seaboard also have a … Read more
from Financial Survival Network First Ned Schmidt and I discussed the impending Hogpocalypse. African Swine Flu has decimated the Chinese pig herd leading to big potential problems for them, as the US is one of the few countries with a hog surplus, although not big enough if the disease continues spreading unchecked. Ned and I were among the … Read more
via dailycaller: The Democratic mayor of a border town in Texas says more federal politicians need to journey to the U.S.-Mexico border to see just how bad the illegal immigration crisis has become. Mayor Bruno Lozano of Del Rio, Texas told Texas Republican Sen. John Cornyn’s office that “we are sick and tired of the deaf … Read more
Top trends researcher Gerald Celente says global central banks are just helping the richest people on the planet and have not saved the economy. Celente says, “They didn’t teach us this stuff in economics 101 or in graduate school, they made this crap up. For example, quantitative easing, you mean buying corporate bonds and government … Read more