The Financial World Has Gone Nuts: How Can A Company With $1.8 Billion In Revenue Lose $1.9 Billion? WeWork Shows How

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter WeWork isn’t a publicly traded company yet and doesn’t have to disclose financial information to the public, but it issued bonds in April 2018 and has to show its hapless bondholders some figures about its financial performance. WeWork made this presentation available to the financial media, including the Wall Street Journal and Bloomberg. The four … Read more

‘No Deal’ Brexit Risk Impacting UK and Irish Economies – Gold Gains On Recession Concerns

by GoldCore – Gold gains due to concerns about slowing growth, monetary and geopolitical risks – Increasing possibility of ‘No Deal’ Brexit heightens recession risks in UK, Ireland – Brexit uncertainty is impacting UK & Irish economies; Likely do long term damage – UK sees sharp slowdown in mortgage approvals in February as housing market … Read more

Post: #1It’s NOW time To Prosecute Hillary and ALL her Cronies

“This is the unravelling of the biggest political scandal in American history…remember, this dates back to late 2015, early 2016 & this began as nothing more/nothing less than a Clinton/Obama operation with a bunch of dirty cops at the FBI & career DOJ officials.” -@DevinNunes 12.8K 7:21 PM – Mar 22, 2019 https://twitter.com/PoliticalShort/status/1109324324350119937 https://www.zerohedge.com/news/2019-03-24/house-intel-readies-criminal-referrals-clinton-operatives-who-perpetuated-hoax

The EU Just Destroyed The Internet #Article11 #Article13

best comment, The EU; showing the Chinese how real censorship is done The European Parliament has voted to adopt the highly controversial Article 13 provision which would govern the production and distribution of content online under the auspices of increasing copyright protections. Tuesday’s move will update the EU’s 20-year-old copyright rules and will govern everything … Read more

CNN’s Dana Bash REGRETS Inviting Ted Cruz On After He CRUSHES Her With BRUTAL Facts

Virginia Kruta from The Daily Caller reports, Republican Texas Sen. Ted Cruz tore into House Democrats on Sunday, arguing that they absolutely intend to impeach President Donald Trump — and that they don’t even care why. https://www.youtube.com/watch?v=IjFmaMlnrV4 Read More/Source/Credit/FairUse: https://dailycaller.com/2019/03/24/te…  

Wall Street Red Flag: A Bond Market Indicator That Has Predicted Every Recession In The Last 50 Years Just Got Triggered

by Michael Snyder If the bond market is correct, the U.S. economy is definitely heading into a recession.  Over the past 50 years, there have been six previous occasions when the yield on three-month Treasury bonds has risen above the yield on ten-year Treasury bonds, and in each of those instances a recession has followed.  … Read more

When Are We Going to Tackle the For-Profit Monopolies Which Censored RussiaGate Skeptics?

by Charles Hugh-Smith We either take down Facebook and Google and turn them into tightly regulated transparent public utilities available to all or they will destroy what little is left of American democracy. The RussiaGate Narrative has been revealed as a Big Con (a.k.a. Nothing-Burger), but what’s dangerously real is the censorship that’s being carried … Read more

Low Interest Rates Might Be What’s Hurting Growth: Cheap credit does a poor job of weeding out zombie companies that compete for scarce resources.

Economists tend to think of central-bank interest rates purely in terms of their effect on macroeconomic benchmarks such as inflation, output and unemployment. The Federal Reserve’s dual mandate, for instance, directs it to seek stable prices and maximum employment. Mainstream macroeconomic models, such as the dominant New Keynesian models used by most central banks, support this view. Occasionally, … Read more

Margin Debt and the Market

via advisorperspectives: The New York Stock Exchange previously published end-of-month data for margin debt on the NYX data website, including historical data going back to 1959. Because of NYSE’s suspension of publication, we have turned to FINRA to continue our analysis. The figures differ in their inclusion of firms. For data through January 2010, debit balances were derived by … Read more

Millennials & Debt- No Room to Maneuver

via jugglingdynamite: Born between 1981 to 2000, Millennials now average 26 years of age, and comprise about 27% of the North American population. This generation is coming of age in precarious financial circumstances. Their elders have led them poorly and allowed debt-sellers and other predatory business models to prey on the young. For a brighter future, we … Read more

Facebook made $112 from each North American user in 2018

via thespring: Who said there was no such thing as a money tree? Facebook has 2.3 billion of them. While it’s no secret Facebook makes a lot of money, the staggering growth of Facebook’s revenue doesn’t get the attention it deserves. Especially when Facebook’s user base only grew in the single-digits this year.  In 2018, Facebook’s … Read more

DiMartino Booth on CNBC Markets: “I think the Fed is trying to desperately avoid a 1937 remake…Think Powell understood that maybe that was more than the economy could take…swinging the pendulum so far back, saying ‘We were wrong.'”

"I think the Fed is trying to desperately avoid a 1937 remake…Think Powell understood that maybe that was more than the economy could take…swinging the pendulum so far back, saying 'We were wrong.'"DiMartino Booth on CNBC Markets Now – https://t.co/3azx2KrBZ3 — Danielle DiMartino Booth (@DiMartinoBooth) March 25, 2019 https://youtu.be/ULMA2XSFbuQ Hello Jerome Powell, We Have Questions … Read more

Amount of global debt yielding less than 0% approaching $10 trillion – More investors are plowing cash into assets that give them back less than they had started with

via marketwatch: Another round of downbeat economic data sent the yield on Germany’s 10-year government bond back below 0% for the first time since 2016, highlighting a renewed rise in the amount of debt world-wide offering negative yields. “The financial world is truly upside down,” said Peter Boockvar, chief investment officer of Bleakley Advisory Group, who … Read more