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by Graham Summers of Gains, Pains, & Capital Do you know Harry Markopolos? Harry was the man who knew Bernie Madoff was a fraud… years before Madoff was caught. At a time when everyone, including the most elite analysts on Wall Street were buying into the hype, Harry knew better… and he did something about it… he talked. … Read more
Via The Babylon Bee What’s been in the news lately? We had the tumultuous midterm elections, the wild Mueller investigation and that whole shindig, and whatever Trump last said on camera. Can people even remember what our last conflict in the Middle East was? Yemen, I think. But that was months ago, so I think … Read more
Attorney General William Barr will hold a press conference to discuss Mueller report at 9:30 AM ET Thursday. Rosenstein will be there also. Attorney General William Barr will discuss special counsel Robert Mueller’s report at a 9:30 a.m. ET press conference on Thursday. Deputy Attorney General Rod Rosenstein will accompany him, according to NBC … Read more
by QuantalyticsResearch US Stocks Preview Ahead of the Open Solid earings this morning from both sides of the Atlantic are fueling risk-appetite today with global markets rising and US futures flat after being lower earlier JP Morgan (JPM) CEO Jamie Dimon said he thinks the Fed did the right thing pausing rate hikes and he does not see a … Read more
global synchronized slowdown continues pic.twitter.com/4ENI1qsoOO — Alastair (@StockBoardAsset) April 18, 2019 – Markit Eurozone Manufacturing PMI (AprP): 47.8 (est 48, prev 47.5)– Markit Eurozone Services PMI (AprP): 52.5 (est 53.1, prev 53.3)– Markit Eurozone Composite PMI (AprP): 51.3 (est 51.8, prev 51.6) — LiveSquawk (@LiveSquawk) April 18, 2019 Brown shoots… https://t.co/CpvrT1C0Ga — FxMacro (@fxmacro) April … Read more
by Egon von Greyerz Will the average stock portfolio gain 1,900% to make up for the coming 95% fall? This is the unenviable task that investors will be facing in years to come. Six weeks ago I wrote about Alfred, a 74 year old man who during his life made a $14 million fortune in … Read more
By – Ruby Henley The Apollo 11 mission is approaching its 50th anniversary in 2019. The U.S. mint is preparing coins for the celebration, and a 2016 initiative to recreate Apollo 11’s flight plan for the public is underway. Now I know some of you are shaking your heads saying, ‘that did not happen.’ I … Read more
by Michael Snyder When I originally heard that a small town mayor named Pete Buttigieg was running for president, I truthfully didn’t think that he had a prayer of actually being a serious contender for the Democratic nomination. And yet here we are just a few months later, and he is making it happen. It … Read more
Although proper education is of critical importance for your child to develop a successful career, it can also be financially inaccessible to most. With costs of admission and tuition fees on the constant rise, you are sure to have your hands full by the time your child becomes of age to start their college or … Read more
by Michael Snyder Are you ready for the biggest non-event in recent American political history? The mainstream media is treating Thursday’s release of the Mueller report as an event of critical historical importance, but it isn’t. Unless Attorney General William Barr was lying to us in his summary of the report, there aren’t going to … Read more
by sundance Democrat politicians and their water-carrying media allies who helped spur the Mueller investigation for two years are furious about Attorney General Bill Barr and Deputy AG Rod Rosenstein holding a press conference tomorrow (9:30am) shortly before releasing the Mueller report (11:00am). The level of Democrat pearl-clutching over process is only exceeded by the transparency … Read more
by Charles Hugh-Smith Extreme levels of debt and overvaluation characterize the entire global economy, and are not limited to any one nation or sector. Financial crises come in two flavors: fraud and credit-valuation over-reach.Fraud-based financial crises may differ in particulars, but they share many traits: perverse incentives are institutionalized; the perverse incentives reward figuring out … Read more
And the 217 planes that Jet Airways has ordered from Boeing? By MC01, a frequent commenter, for WOLF STREET: Today, another major airline collapsed. Jet Airways, India’s largest private airline, announced “with immediate effect” that it was “compelled to cancel all its international and domestic flights.” It suspended operations on a “temporary” basis. It said: “Since no … Read more
Authored by Jim Quinn via The Burning Platform blog, Dancing on the crumbling precipice The rocks are coming loose just at the edge Are we laughing? Are we crying? Are we drowning? Are we dead? Or is it all a dream? The bombs are getting closer everyday “That can never happen here” we used to … Read more
https://www.youtube.com/watch?v=y0JnesNbWS8 Social media always talks about CNN and MSNBC. Comparing to them gives them more life than they exist for me. They’ve been dead to me for years now. Imagine not hearing the names CNN or MSNBC. MFB
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Despite “the lowest interest rates in more than a year.” In California, the median house price in March was essentially flat with March last year at $565,880, according to the California Association of Realtorstoday. But among the most expensive 16 coastal counties – those with a median price for a single-family house … Read more
If you believe illegal immigrants are a net positive, why would you not want them bussed to areas which explicitly support amnesty or open borders? http://tinyurl.com/yylanagx
by seo-clien China’s stock markets have been on a tear so far this year, amid optimism about a possible trade deal with the U.S. and hopes that the economy may be bottoming out. As of Tuesday’s close, the Shanghai composite has skyrocketed more than 30 percent since its last close in 2018. The Shenzhen … Read more
by lochies Was playing with lines to make food and thought it would be interesting if I could use those same lines to reflect data n this was the result. Made in InDesign remixing the data visualisation from this set of data edit: Clarification
by Jesse Colombo At the end of 2018, the global financial markets were reeling, the S&P 500 briefly fell into official bear market territory, and fear gauges were spiking. Sure enough, the Fed started to panic and backpedal on its previously hawkish tone regarding future rate hikes and quantitative tightening. Around the same time, Treasury Secretary Steven … Read more