The stock market today is eerily similar to 1937

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by Troy As the stock market rallies, it never ceases to amaze me how popular crash-analogues can be. The 1937 analogue has been quite popular recently, constantly shared and reshared on social media and trading blogs. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by … Read more

US manufacturing, and growth forecasts, LA port traffic, Japan trade

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by WARREN MOSLER Decelerating global trade hitting home: U.S. manufacturing sector slowing as economy loses steam (Reuters) The Fed said manufacturing production dropped 0.4 percent last month. January was revised up to show output falling 0.5 percent instead of slumping 0.9 percent. Production at factories increased 1.0 percent in February from a year ago. Motor vehicles … Read more

Attitude Adjustment re: Emergency Fund

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by HuntersMarkTheDM   Hey y’all, I just need a little nudge to get my brain in the right frame. I received a very nice annual bonus. YAY! Part of that was going to be a “fully” funded $2K emergency fund (we’re still in “turn the titanic” mode on funding it). The money was to hit … Read more

Unicorns to launch Initial Public Offerings with massive losses – Lyft ($20 billion), Uber ($100 billion)

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Lyft reported revenue of $2.2 billion and losses of $911 million in 2018. Lyft aims to value itself at about $20 billion Lyft Touts Revenue, Values in Video Pitch to Investor Prospects (Bloomberg) Roadshow for $2.1 billion IPO kicks off with drone shots, funk CFO lingers on revenue growth metrics — losses not so much … Read more

Almost one-third of Chinese cities are shrinking – but developers told to keep building

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via scmp: Satellite imagery monitored the intensity of night lights in more than 3,300 cities and towns between 2013 and 2016 In 28 per cent of cases, the intensity of lights had dimmed, but urban planners are still assuming China’s urbanisation will continue, research shows The perception that China’s urbanisation is still in full swing is … Read more

US Freight Volume Drops

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The services sector better hang in there. Now it’s the third month in a row, and the red flag is getting more visible and a little harder to ignore about the goods-based economy: Freight shipment volume in the US across all modes of transportation – truck, rail, air, and barge – … Read more

ISPs in AU and NZ start censoring the internet without legal precedent: A full list of blocked websites can be found below: voat, 4chan, 8ch, liveleak, archive, Bitchute, zerohedge, kiwifarms

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via privateinternetaccess: Several websites including Voat, ZeroHedge, Archive.is, LiveLeak, and others have been blocked in Australia and New Zealand in direct contravention to civil liberties that citizens are supposed to have. The biggest of these internet providers, Telstra, has published a blog post defending their censorship action – even acknowledging that free speech has been sacrificed by company … Read more

Emergency Savings

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by boringbluesocks   I realize that this decision is highly personal, there is no right or wrong answer, and there is boatloads of information out there on the web about this. I’ve done a substantial amount of reading on it, but I am still interested in other people’s opinions. Here are my details: My husband … Read more

Obesity vs Median Income for Class

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by traxtar3 Taking a data analytics course. Needed to compile and visually represent something from a very large data set. I compiled the obesity and diabetes and compared them to the median household income per county. This is just the initial plot. I’ve never used seaborn before and I got excited. Next is highlight the … Read more

[medical][insurance] Got billed as an ER visit at an urgent care. Spent 11 months trying to misbill us, we finally got the bill and its outrageous.

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by sadomasochrist   Hoping to get pointed in the right general direction. We had an urgent care visit for a strep throat that we got billed $1500+ on. They’re billing (edit) as a “billing modifier” even though the place is an urgent care. Their explanation is that “after 6, we charge it as an ER … Read more

The FBI Used This STUNNING Tactic To Spy On Trump

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Jim Hoft from The GAteway Pundit reports, Christopher Steele from Fsuion GPS admitted in private congressional testimony that he used random online comments from CNN’s website back up his alleged claims against Donald Trump and his campaign when he created the anti-Trump dossier. https://www.youtube.com/watch?v=oUbGNPdMTe4 Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…      

Sara Carter: The DOJ will discover so much more malfeasance within the DOJ & FBI that went far beyond Hillary’s emails & Trump spying.

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Sara Carter was on Hannity earlier. She said as the investigation continues, the DOJ will discover so much more malfeasance within the DOJ & fbi that went far beyond Hillary’s emails & Trump spying. She said a lot of other things will be unearthed and that’s what they’re afraid of. 20:30 for Sara. 29:00 for … Read more

Don Junior: Big Tech and liberal activists could construct a private “social credit” system like communist China has right now; Rep. Devin Nunes suing Twitter for $250 million for censoring conservatives!

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From Donald Trump Jr.’s most recent op-ed on Big Tech censorship of conservatives: As Big Tech’s censorship of conservatives becomes ever more flagrant and overt, the old arguments about protecting the sanctity of the modern public square are now invalid. Our right to freely engage in public discourse through speech is under sustained attack, necessitating … Read more