The Most Important Thing About Trump’s Tweet On The Markets IS NOT The “Blame Game”

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by Graham Summers of Gains, Pains, & Capital The following tweet tells you everything you need to know about the state of the US financial system today… The media will focus on ridiculing President Trump for being “un-Presidential” or some such thing. They are missing the bigger picture here. The bigger picture is an implicit admission, by the … Read more

We’ve Gone Through The Looking Glass

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JOHN HINDERAKER: “It is almost unbelievable that the Democrats and their media adjunct are trying to deny that the Obama administration spied on the Trump presidential campaign. Are they unaware of the multiple FISA warrants obtained to spy on Carter Page? Do they not know that the fake Fusion ‘dossier’ was the basis for those FISA … Read more

HMM: California must invest in workforce to meet housing goals.

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via mercurynews: Even under the rosiest of regulatory scenarios, California’s residential construction industry needs at least 200,000 new workers to produce enough new housing to improve affordability. But it is struggling to compete for them. Industry leaders often claim it’s because “Young people don’t want to get their hands dirty;” “Parents are pushing college instead of … Read more

Next in Bubble-Crazy China: EV Manufacturing Bubble Faces Getting Bludgeoned

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter There are now 486 EV manufacturers in China, triple from two years ago. Most will disappear. New vehicle sales in China plunged 14% in the first quarter from a year earlier, according to the China Association of Automobile Manufacturers today. For the whole year 2018, new vehicle sales had dropped 4.1%, the first such … Read more

Analysts don’t know what to make of Uber’s $100 billion valuation

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https://www.cnbc.com/2019/04/13/analysts-dont-know-what-to-make-of-ubers-100-billion-valuation.html Analysts got their first look into Uber’s financials on Thursday, but they still are unsure whether they justify a $100 billion valuation. Uber posted an adjusted EBITDA loss of $1.85 billion in 2018 and showed slowing revenue growth. Lyft’s debut on the public market has been less than stellar, hitting a new low on … Read more

Goldman Sachs Q1 2019 Earnings Breakdown

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by EarningsCallsApp   Net revenues of $8.81 billion and net earnings of $2.25 billion for Q1 2019. EPS $5.71 Annualized ROE: 11.1% Annualized ROTE: 11.7% BVPS: $209.07 TBVPS: $198.25 Investing & Lending net revenues included record quarterly net interest income in debt securities and loans of $835 million. Net Revenue decrease compared with Q1 2018 … Read more

Jason Burack: The Most Bulletproof Gold Stock

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Wall St. For Main St., Released on 4/14/19 Jason talks about Franco Nevada (NYSE:FNV), which, in his opinion, is the most bulletproof, gold stock. However, the stock is almost never cheap. The company, which re-IPOd in 2007 has over 100 producing assets generating cash flow and has 11 straight years of progressive dividends.

If It Weren’t For Double Standards, They’d Have No Standards At All

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There’s been a lot of accusations of incitement by elected Democrats and the media this week. Here’s a video of real incitement, elected Democrats and Media should know what it looks like since they’ve engaged in it for three years now. Video by @MarkDice https://t.co/YyufGDJE3s — Robby Starbuck (@robbystarbuck) April 14, 2019 Related: Plus: Pay attention … Read more

Europe looks to remold internet with new copyright rules… Rise of Web Oligopoly

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Europe looks to remold internet with new copyright rules LONDON (AP) — The European Union has approved a copyright overhaul that aims to give more protection to artists and news organizations but which critics say will stifle freedom of speech and online creativity and punish smaller web companies. Artists, celebrities and tech experts have spoken … Read more

Assange exposes Democrat Fascists, War Criminals and Torturing then fake news claims he’s not “journalist”

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Jimmy really lays into the fake lefty fake newsers. New torture technique called “Walling”; they throw prisoners against a wall. Jimmy does a great job of showing some of the awful things they have exposed. Particularly Neera Tanden arguing Libya should pay us back for destroying their country so we could afford social programs here … Read more

Just in -Illegal Migrant from Africa Congo monitored for EBOLA at southern border with the United States-Mexico / Update 20 placed in quarantine

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https://twitter.com/sotiridi/status/1117815477026398208 Congolese Migrants Monitored for Ebola Along Texas Border, Says Official A public health official in Laredo, Texas, said 20 Congolese migrants were monitored for Ebola and other diseases in shelters in his city and across the Mexican border in Nuevo Laredo, Tamaulipas. Shortly after his announcement during a Laredo City Council meeting, the World Health … Read more

NOTRE DAME BURNS SPIRE COLLAPSES… LIVE

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Spire of Paris’s 850-year-old Notre Dame cathedral COLLAPSES as fire ravages historic building with flames erupting through the roof – with Macron lamenting seeing ‘part of us burn’ Officials in Paris said a large operation had been launched in an attempt to bring the raging fire under control  Pictures from around the city posted on … Read more