Hong Kong risks its future as global business hub

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by Katrina Hamilton via Reuters HONG KONG (Reuters Breakingviews) – Carrie Lam’s government could squander Hong Kong’s privileged position in the eyes of foreign governments. A bill that would allow extradition to the mainland prompted hundreds of thousands to protest on Sunday. If the chief executive ignores the message, Washington, Brussels, and others may reconsider their … Read more

Chiraq Mayor Lori Lightfoot holds “accountability” meeting after another weekend of gun violence

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by DCG There is no such thing as “accountability” in Chiraq. Demorats have been in charge since 1931 and yet the gun violence CONTINUES. From MyFoxChicago: City leaders met Monday following another violent weekend. The second weekend of June saw 39 people shot, three of them fatally. Police were also able to arrest 36 people on gun-related charges and remove … Read more

AOC & Buffett Think Alike?

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by Martin Armstrong Alexandria Ocasio-Cortez (AOC) attacked corporate politics, influence, and greed. She echoed Warren Buffett who recently told shareholders that if a bank needs a government bail-out, the responsible CEO and his or her spouse should lose their net worth. Interesting comment on Buffett’s part when he lent $5 billion to Goldman Sachs to prevent their … Read more

Is the S&P 500 making a very bearish pattern right now?

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via Troy: After a big 5 day rally, the stock market is stalling. Today’s headlines: Canary in the coal mine: small caps underperforming large caps NASDAQ’s breadth Interest rate cuts Crash pattern Job openings Tech’s surge Go here to understand our fundamentals-driven long term outlook. For reference, here’s the random probability of the U.S. stock market going up on … Read more

What does it actually mean to have negative interest rates? Why is it bad? What caused this? Specifically who is responsible?

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by Ilogy QE is far more than simply the Fed buying Treasuries in mass quantities. After all, that was already how the Fed set interest rates prior to 2008, through the buying and selling of short-term Treasury bonds. Why QE was so controversial was because the Fed was given the power, by congress, to print money … Read more

Doesn’t look like the trade war is ending any time soon

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doesn't look like the trade war is ending any time soon pic.twitter.com/HU3GX4jzCE — Alastair (@StockBoardAsset) June 11, 2019 global slowdown is not contained pic.twitter.com/W5KnhiMtC4 — Alastair (@StockBoardAsset) June 11, 2019 ugly, this is a proxy for economic growth pic.twitter.com/ErDH9kbeed — Alastair (@StockBoardAsset) June 11, 2019 https://twitter.com/anilvohra69/status/1138431416834723840 The Chinese domestic economy has never slowed this fast … Read more

This is why the $VIX could stay elevated

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this is why the $vix could stay elevated pic.twitter.com/U9JZi2T6Ga — Alastair (@StockBoardAsset) June 11, 2019 The S&P 500 is essentially unchanged since January 29, 2018 which means valuations have been stuck at eye-watering levels for almost a year and a half. That is beginning to rival the insanity of the dot-com era bubble. pic.twitter.com/AgB2K1S5eb — … Read more

Biden, Trump Duel In Hawkeye

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President Trump and former Vice President Joe Biden head to Iowa Tuesday, marking the first time during the 2020 election cycle that the two will campaign in the same state on the same day. As the two make their cases to Iowans, there’s renewed attention on whether a septuagenarian candidate can persuade skeptical 2020 voters that … Read more

Calgary Vacancy Rate Still near Record Highs – Sorry, Calgary is closing

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by Martin Armstrong The environmentalists have really gutted Alberta which was an economy based upon commodities. With that industry under assault, the economy has been decline. According to the quarterly report released April 1st 2019, Calgary’s downtown vacancy rate is currently at 26.5%, the highest in Canada. Although it decreased slightly from its peak at … Read more

Joe Biden’s hand in the creation of the War on Drugs & Prison Industrial Complex

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by kit8642 Considering Joe Biden is the front runner at the moment, let’s take the time to review some of his contributions to the war on drugs and prison industrial complex: Comprehensive Crime Control Act of 1984 – Co-Sponsor and partly written: This bill expanded “Civil asset forteiture” which allowed the police to seize cash, cars, … Read more

The Netflix Effect: Teen suicides increased 29% after release of teen-suicide show ’13 Reasons Why’

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by Dr. Eowyn If you need another reason to dump Netflix, here’s the latest. Suicide is the third leading cause of death among young people between the ages of 10 and 24, according to the CDC. Studies show that publicized suicides do trigger a ripple effect of additional suicides within communities. “13 Reasons Why” is a Netflix … Read more

Facebook has become such a joke the Washington Post is calling it out. No wonder shareholders want to oust the Zuck.

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Facebook censored a Declaration of Independence post for ‘hate speech.’ At first glance, the Vindicator’s Facebook promotion did not seem designed to make waves. The small newspaper, based in Liberty, a Texas city of 75,000 outside of Houston, planned to post the Declaration of Independence on Facebook in 12 daily installments leading up to the … Read more