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by Michael Snyder An absolutely devastating disease is wiping out herds of pigs all over Asia, and most people in the western world don’t even realize what is happening. Since it was first detected last August, there have been 116 officially reported outbreaks of African Swine Fever in China, and since that time it has … Read more
by Charles Hugh-Smith Social media offers hope of achieving higher online social status without having to succeed financially in a winner-take-most economy. I’ve often addressed the decline of social mobility and the addictive nature of social media, and recently I’ve entertained the crazy notion that the two dynamics are related. Why Is Social Media So Toxic? … Read more
via CNBC: Short sellers have borrowed $455 million worth of Lyft shares, or 6.61 million shares, according to IHS Markit. The cost to borrow Lyft shares rose to more than 100 percent or about 27 basis points a day, the most expensive U.S. company with more than $5 million in balances to bet against, IHS … Read more
PALO ALTO, Calif., April 03, 2019 (GLOBE NEWSWIRE) — In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X. Deliveries were approximately 63,000 vehicles, which was 110% more than the same quarter last year, but 31% less than last quarter. This included approximately 50,900 Model 3 … Read more
by sting2018 So I work in car sales (yes bash me go ahead) BUT I wanted to share something. Recently we partnered with a credit union that provides pretty decent rates, actually very low rates. However they bundle credit life into all of their loans. Now the Credit Union has asked us to not talk … Read more
by LetsGoGators23 My family of four suffered a catastrophic house fire last Monday. The humans are okay (we were not home) – the dog and 2 cats so tragically did not make it. It is truly astounding how your life can change in the worse way in an hour and forty minutes, which … Read more
https://finance.yahoo.com/video/most-successful-people-parents-180547864.html An ad exists at the beginning of this video. The ad ends at 0:57. I was watching the market, and saw this video at first seems so irrelevant to what’s going on about Monday’s market (bull, Lyft, quarterly expectation, etc). But as I watched it, the journalists at Yahoo Finance are actually making an … Read more
https://finance.yahoo.com/news/warren-buffett-bullish-on-banks-jpmorgan-jamie-dimon-095717582.html Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) is bullish on the banks. “They’re a business I understand, and I like the price at which they’re selling relative to their future prospects,” Buffett said in a wide-ranging interview with Yahoo Finance’s editor-in-chief Andy Serwer. “I think, ten years from now, that they’ll be worth more money. … Read more
by Ramy_ I’ve nominally followed the Motley Fool on and off for the past 5 – 10 years. When I first discovered I remember they compared a couple of their services to the S&P and all were beating it handily – at the time I was quite naive and was impressed with their results. … Read more
by Jesse Colombo Business Insider published a piece on April 1st about plans to build Western Europe’s tallest skyscraper…in a small, rural Danish town with just 7,000 residents. After I posted it on Twitter, many of my followers thought it was an April Fool’s joke due to how absurd the idea is. Even I had to do … Read more
from Financial Survival Network Danielle Park returns… Disappointing employment numbers, declining home sales and prices in Canada, the US and Australia, among others and bad US employment numbers, it’s all happening. We’ll see about the stock market. Earnings are certainly declining. There will be a day of reckoning and probably sooner than later. When that day comes, … Read more
Orwell-book leaks more data, hundreds of millions of users exposed in “public” database https://www.youtube.com/watch?v=KqsZ9C5L3JI
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is one of the most cyclical industries, with legendary boom-and-bust cycles: Orders for Class-8 trucks plunged 67% in March compared to March last year, to 15,200 orders, the lowest March for orders since 2010, according to FTR Transportation Intelligence. These are the heavy trucks that haul consumer goods, equipment, commodities, and supplies … Read more
BY SRSROCCO By purchasing increasingly worthless paper assets, we can thank the central banks for propping up the global economy for the past decade. Since the 2008 financial crisis, the top central bank’s have acquired $13 trillion worth of assets on their balance sheets. While the central banks label these balance sheet items as “Assets,” … Read more
…..the Fed is that easy monetary policy seems more effective in spurring asset values than it does in boosting prices of goods and services. The S&P 500 Index rose by an average 8.5 percent from 2014 through 2018, while the personal consumption expenditures price index increased 1.3 percent, well below the Fed’s 2 inflation target. … Read more
Today, it is more clear than five months ago that the auto industry is faltering and the ramifications of that are being felt through the manufacturing sector globally, and most specifically in countries heavily reliant on auto sales such as Germany. https://seekingalpha.com/article/4252318-peak-auto-part-ii?ifp=0 Auto Sales Tank Again In March—Now Down 10% From 2015 Peak he … Read more
Via Ammoland Delaware/United States – -(AmmoLand.com)- There are some questions you can easily answer. One of them is Joe Biden’s stance on the Second Amendment. Here’s the quick scoop: He’s been hostile to our rights for over four decades. Biden, though, stands out for his unwavering opposition to modern multi-purpose semi-automatic firearms. In November, 2017, he expressly statedthat … Read more
by Mark Nestmann In 1914 Maximilian Bern thought he had it made. After a long career as a successful writer and editor, Maximilian was ready to retire. And he believed he had more than enough savings to support himself. Unfortunately, Maximilian lived in the wrong country – Germany – to finance a comfortable retirement. Germany paid … Read more
How does Twitter get rid of conservative tweets? "You just delete them… but the problem is there are hundreds of thousands of them, so you got to like, write algorithms that do it for you." The algorithms find the tweets by using "like 5000 keywords to describe a redneck" pic.twitter.com/hlGre5Efiv — James O'Keefe (@JamesOKeefeIII) April … Read more
by Dr. Eowyn A year ago, Demonrat senator Kamala Harris (CA), who slept screwed her way into government, “joked” about killing President Trump. Now, Harris, who wants to be president of the USA, says she and “a lot of” other Democrats needed and received psychotherapy because of Trump. Katie Pavlich reports for Townhall that in a speech to the Human … Read more