Jussie Smollett is Receiving the Hillary Clinton Treatment

Jussie Smollett is Receiving the Hillary Clinton Treatment This may help you to understand: Jussie Smollett’s Sisters Worked for Barack Obama – Both Families Very Close – Video of Michelle Obama Dancing With Jussie Smollett   Tariq Nasheed Implies Jussie Smollett HOAX May Have Been Orchestrated by Top Democrat Politicians (the Obama family also Involved???) … Read more

Volatility Not Buying Up Latest Rally?

by Dana Lyons The volatility market gave a head’s up ahead of the recent stock market dip — but has the dip run its course…or is there more to come? Stocks got out of the gate like gangbusters again to begin last week. Well, at least the Nasdaq did. Specifically, the Nasdaq 100 (NDX) rose each … Read more

China Can’t Get Enough Of This Discounted Oil

By Irina Slav China is taking advantage of steep discounts for Iranian and Venezuelan crude to increase its imports from the two countries sanctioned by the United States, Bloomberg reports, adding that prices for Iranian and Venezuelan oil are at their lowest since November 2017. From Iran, China has been importing an average of 446,000 bpd, … Read more

Quinn Dam breached, flood warning issued! Large amounts of water may be uncontrollably released soon

RAPID CITY, S.D. (KEVN/KOTA TV) – With fears that a dam will collapse, the National Weather Service in Rapid City has issued a flash flood warning for several counties, now through 3:30 p.m. Tuesday morning, emergency management reported a breach in the Quinn Dam. Flash flooding is expected to begin shortly, especially if the dam … Read more

House effort to overturn Trump’s Veto on Wall Fails!

House voted today to overturn Trump’s veto on National Emergency and failed to come up with the required 2/3rds vote. Measure failed: Yeas: 248 Nays: 181 14 Republican traitors voted Yea. http://clerk.house.gov/evs/2019/index.asp   The House of Representatives failed to garner enough votes to override President Donald Trump’s veto of the resolution crafted to terminate his national … Read more

Unfunded Liabilities of State Pension Plans Now Total $5.9 Trillion+

via alec.org:   Unfunded liabilities in public pension plans continue to loom over state governments nationwide. If net pension assets are determined using more realistic investment return assumptions, pension funding gaps are significantly wider than even the large sums reported in state financial documents. Unfunded liabilities of state-administered pension plans, using a proper, risk-free discount … Read more

While CNBC told everyone recession fears, have decreased, and you should buy stocks – smart money dumped into the madness

While CNBC told everyone recession fears, have decreased, and you should buy stocks – smart money dumped into the madness pic.twitter.com/cwXbQJON3q — Alastair (@StockBoardAsset) March 26, 2019 https://twitter.com/OccupyWisdom/status/1110489039520579584 https://twitter.com/OccupyWisdom/status/1110183660911767553 Margin on stocks….and the Fed says there is no bubble. $15T in global QE and 0% rates and US debt $10T–>$40T and China $7T–>$40T and $5T … Read more

Singapore’s Top Law Firm Sees Cracks in Southeast Asia’s Credit Markets

Cracks are showing in Southeast Asia’s credit markets as struggling companies in troubled industries seek to repair their balance sheets, according to Rajah & Tann Singapore LLP, which manages the largest network of corporate lawyers in the region. The law firm, which has handled local units of Lehman Brothers Holdings Inc. and MF Global Inc. … Read more

Global Trade Takes Sharp Turn Down … Consumer Confidence Crashes Most Since Oct. 2008… Buy Bonds, Sell Stocks, Recession Fears Still Linger

buy bonds, sell stocks, recession fears still linger pic.twitter.com/HnkQHlTkfz — Alastair (@StockBoardAsset) March 26, 2019 Consumer Confidence Crashes Most Since Oct 2008 After a hope-filled rebound in February, Conference Board Consumer Confidence tumbled in March with Present Situation plunging to 11-month lows. Consumer confidence in March fell to 124.1 vs 131.4 in prior month (that is below … Read more

Samsung warns first-quarter earnings will fall short of expectations (CNBC)

Samsung Electronics said Tuesday morning it expects first quarter earnings to come below market expectations due to weakness in its display and memory businesses. In a regulatory filing, the world’s largest smartphone maker said it predicted a bigger-than-expected price decline for major memory products, which are used in mobile handsets and enterprise servers, due to … Read more

UBS Feels the Pain From Spooked Billionaires

via thewealthadvisor: (Washington Post) – UBS Group AG CEO Sergio Ermotti delivered a catalog of bad news on the first-quarter performance on Wednesday. That the world’s largest wealth manager is also prone to revenue swings was probably the most alarming. Describing it as “one of the worst” three-month periods in recent history, Ermotti said UBS’s investment bank income … Read more

In the US, here is where the next crisis is likely to Start

In the US, here is where the next crisis is likely to Start->> pic.twitter.com/KiY3q5ADeZ — Alastair (@StockBoardAsset) March 26, 2019 How vulnerable are high yield bonds to the bubble forming in the leveraged loan market? — Pictet Asset Management (@PictetAM) March 22, 2019 https://twitter.com/macrodidact/status/1108407523902738433 equity vol moving higher on ig credit spreads widening pic.twitter.com/s6aOWpd3as — … Read more

THE FEUDALIZATION OF CALIFORNIA (CONT’D): Employment, employment everywhere, but not a place to live.

via pjmedia: You can’t go a week without another report of businesses and people leaving California because of the high cost of housing. Today it’s the Wall Street Journal’s turn, in a story headlined, “California Has the Jobs but Not Enough Homes.” The problem — a self-inflicted problem if there ever was one — is that the … Read more

50,000 warehouses to deploy robots… Rise of machine authors… AI judge launches… AI politicians next?

50,000 warehouses to deploy robots… More than 4 million commercial robots will be installed in over 50,000 warehouses by 2025, according to a report by ABI Research. The 50,000 figure represents a massive expansion of the market from the current situation in which an estimated 4,000 warehouses were found to be using robots in 2018. ABI says … Read more