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… on Wednesday Germany reported that its economy appears to have finally hit major pothole as German unemployment unexpectedly surged for the first time in almost two years as the economic slowdown finally started to take a toll on the labor market, according to Bloomberg. Specifically, in May the number of people out of work climbed … Read more
via zerohedge: Following an unconfirmed report on Monday that Italy faces a €3.5 billion fine from the European Commission unless Europe’s largest sovereign debtor curbs its debt levels, moments ago Bloomberg confirmed that the Commission has indeed put Italy’s debt once again in its sights, sending a letter to the Italian finance minister in which it … Read more
by Caitlin Johnstone If you only tuned into US politics within the last couple of years this will come as a major surprise, but believe it or not there was once a time when both major parties weren’t constantly claiming that imminent revelations are about to completely destroy the other party any minute now. Used to … Read more
by Jesse Colombo Last week, Morgan Stanley analyst Adam Jonas shocked the investing world by cutting his worst-case forecast for Tesla stock from $97 to just $10 per share (it was trading at approximately $200 per share at the time of the announcement). Jonas cited the company’s heavy debt load and exposure to China as the main … Read more
https://www.cnbc.com/2019/05/29/dont-say-we-didnt-warn-you—a-phrase-from-china-signals-the-trade-war-could-get-even-worse.html
https://www.youtube.com/watch?v=hXeyytJIipU
When the outstanding balance of an auto loan is more than the market value of the car against which it is written, the borrower is “upside-down” in that loan. Other terms you’ll hear to describe this situation are “negative equity” and “underwater.” Whatever you call it, the bottom line is the person owes more … Read more
Via ZeroHedge A car company in Central China has claimed that it has built a hydrogen powered vehicle that’s capable of traveling up to 500km using only water as power, according to the South China Morning Post. The vehicle was made by Qingnian Cars in Henan province and made its first drive on Wednesday of last week when local Communist … Read more
via babylonbee: “I mean, she lost to Donald Trump, for Pete’s sake,” he added, shaking his head. Investigators showed that Clinton’s extreme lack of charisma or likability, her awful public policy record, her constant disparagement of millions of Americans she disagreed with, and her terrible campaign strategies resulted in her defeat. “The only collusion we found was … Read more
by Michael Lebowitz “The biggest problem that most people have is that they read Wall Street research reports and they believe the Wall Street hype… Wall Street analysts are very, very easy to fool, they’re generally parrots for what management tells them.” – Sam Antar, former CFO Crazy Eddie In 2018, Goldman Sachs underwrote 513 … Read more
Obama weaponized the entire government for opposition research,now they are trying to cover it all up. Entire Mueller investigation was a mission to destroy evidence. AC
by Troy The S&P fell today, and the 10 year – 3 month yield curve pushed further into negative territory. Meanwhile, the S&P’s 200 day moving average is once again sloping downwards. Today’s headlines: S&P’s 200 day moving average is trending downwards Yield curve even more inverted Margin debt is lagging the S&P Small caps … Read more
by Martin Armstrong Many people are confused as to why corporations have been buying back their shares in mass. The latest figures for 2018 are in and they demonstrate that the S&P 500 listed companies spent more on dividends and buybacks in 2018 than they actually made in total reported earnings ($1.26 trillion vs $1.1 … Read more
by Martin Armstrong QUESTION: Hi Marty, I have read that Lincoln’s treasury issued “Greenbacks” to help fund the North during the civil war. 1. Was this a direct printing, issuing of paper currency, aka like your “The Solution” ? (Bill Still, creator of the money masters documentary claims such…) 2. Others claim that it was meant … Read more
BONDS FLASH RECESSION WARNING… Stocks fell on Wednesday as bond yields declined again, triggering concerns about the economic outlook. Increasing trade tensions in the China-U.S. trade fight also weighed on markets. WIDEST CURVE INVERSION SINCE FINANCIAL CRISIS… Long-term government debt yields fell further below rates on short-term notes and bills during Wednesday’s session, an … Read more
by TFittonJW This turns our legal system upside down and shows the rule of law is no bar to smearing President Trump. Today's Mueller special counsel statement is another abuse of power. Mueller raises the possibility of guilt and then refuses to “exonerate” President @realDonaldTrump This turns our legal system upside down and shows the … Read more
by Kimble Charting Could the Dow be Triple Topping at an important level? Possible! This chart looks at the Dow Jones Industrial Average on a monthly basis over the past 16-years. Fibonacci extension levels were applied to the Dow 2007 High and 2009 lows. The 261% level comes into play at the 26,800 zone, as resistance. It’s … Read more
by Simon Popple of Brookville Capital I’m sure we’ve all found ourselves in a situation where someone’s said something that’s made our jaw hit the floor. The comment being so ridiculous, you don’t know where to start. If you’re lucky you can make a graceful exit, leaving the situation to someone else. Unfortunately, that’s not always the … Read more