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via scmp: Sluggish economy continues to slide as finance chief blames a ‘weaker global economy and various external headwinds’ Smallest increase in city’s GDP growth since 2009 Hong Kong’s economy has grown at its slowest quarterly rate in nearly a decade, reduced to a near standstill by weak consumer demand and shock waves from the US-China … Read more
global slowdown continues pic.twitter.com/p21gJIJaWK — Alastair (@StockBoardAsset) May 2, 2019 Key takeaways of Asia manu PMIs: a) Regional stabilization but growth remains weakb) Korea out of contraction but barely justc) Vietnam expands & gains from tariffs & cost arbitraged) Taiwan weak still & India Philippines & Malaysia slow. So worst is over but very L-shapy … Read more
FOX NEWS reports, Fox Entertainment’s hit show “Empire” was officially picked up for a sixth season — but without one of its controversial mainstays, Jussie Smollett. Fox Entertainment and 20th Century Fox TV issued a statement to Fox News on Tuesday, “By mutual agreement, the studio has negotiated an extension to Jussie Smollett’s option for … Read more
At dawn, US-backed and self-proclaimed president of Venezuela, Juan Guaido, announced the “final phase” of his coup against the Maduro government. While defections from the military are minor at this point, it is unknown whether the coup will reach critical mass. In the US, both Republicans and Democrats – who not long ago were furious … Read more
A new CNN poll found a high approval rating for how President Donald Trump is handling the economy, with CNN’s David Chalian noting, “this is the highest number we’ve ever seen.” Be sure to like, subscribe, and comment below to share your thoughts on the video.
“Not a global health emergency” says the WHO: https://tinyurl.com/yxkgdbyk
JD continuing to throw down the gauntlet of truth and calling out the war mongers in the US and abroad.
Via ZeroHedge Rich people are picking up sticks and getting out of dodge, according to Johannesburg-based research firm New World Wealth, which notes that around 108,000 millionaires migrated across borders in 2018 – a 14% increase over 2017 and more than double the level in 2013. The top destinations? Australia, the United States and Canada, reports Bloomberg. Around 3,000 of the … Read more
Major storms swept through the central U.S., bringing dangerous weather affecting millions. READ MORE: https://abcn.ws/2GNMVFn
by Kimble Charting The 4-month rally has been broad-based, with other risk-on assets like crude oil rallying in stride. This isn’t a surprise, as crude oil will often perform in line when the economy is on track. Currently, the correlation between stocks and crude oil remains up. But if crude doesn’t get its act together, it may become … Read more
by Natura Naturans Running over protesters is not good.
By Justine Hall, FS There’s a common urban legend, said Marc Chandler, one the Federal Reserve even fosters— that the Fed kills business cycles. “People like Janet Yellen say the Fed is a murderer.” But to Chandler, this isn’t the case. On a recent Financial Sense Newshour podcast Chandler, of Marc to Market, discussed the Fed’s role in … Read more
by FS For well-prepared investors, retirement milestones are something to be celebrated. However, getting to the big day stress-free takes a lot of organization and planning. Keeping key dates in mind is one of the most important aspects of planning ahead and mitigating stress. We’ve covered these retirement milestones in the past, and we receive … Read more
Bankruptcies slamming american Dairy and Grain farmers which has a feedback loop of banks less willing to lend because of risk, so less land is planted because of lack of financing. Kenyan and Ugandan fishermen square off over Lake Victoria fish, a look food usage globally and the Galactic Cross.
Kevin Daley from The Daily Caller reports, Former Vice President Joe Biden said Monday that he takes personal responsibility for Anita Hill’s treatment during Justice Clarence Thomas’s 1991 confirmation hearings, amid mounting criticism from the left and Hill herself about the inadequacy of past apologies. https://www.youtube.com/watch?v=zVJZY53UWGw Read More/Source/Credit/FairUse: https://dailycaller.com/2019/04/29/bi…
In order for a market to crash, there needs to be a TRIGGER. It could be a bank failure. Could be chaos in a city. Could be in a new invasion of a country. Could be a “Black Swan” event (A term everyone knows but never read the very detailed book). Regardless, we are here, … Read more
by Jim Quinn Check out your city’s real inflation. http://www.chapwoodindex.com/ The Chapwood Index reflects the true cost-of-living increase in America. Updated and released twice a year, it reports the unadjusted actual cost and price fluctuation of the top 500 items on which Americans spend their after-tax dollars in the 50 largest cities in the nation. … Read more
https://www.youtube.com/watch?v=KyY4xj2K6yw “Always remember… Rumors are carried by haters, spread by fools, and accepted by idiots.” ― Ziad K. Abdelnour, Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics https://www.youtube.com/watch?v=4ad2RoVoskE Democrat humiliates herself thinking her question would out smart Bill Barr The look on her face is duhhhh….. priceless… https://www.youtube.com/watch?v=WfKaNHUUVVE https://www.youtube.com/watch?v=-ccjdancOKM I Love … Read more
A few days ago I saw a post on Facebook, whose source I don’t remember, that said something like, “Remember, you can vote socialism in, but you have to shoot your way out.” A true statement, as the current situation in Venezuela bears out. The question becomes, though, do the people of freedom-loving countries have … Read more
via reason: The Vermont socialist can muster a lot of emotional outrage at CEO pay, but his argument about a “moral economy” doesn’t add up. To date, the new movie Avengers: Endgame has grossed over $1.3 billion worldwide, a testament to the popularity of the superhero franchise and the ability of Disney, which owns Marvel Studios, to deliver what … Read more