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By John Mauldin Last week, the ECB announced it would keep record-low interest rates for longer. The news comes shortly after the Fed gave in to the market and held off on further rate hikes. While investors celebrate the policy reversal, they might soon regret it. This stimulus may indeed buy the market an additional year … Read more
via Zerohedge: When it comes to estimating China’s total outstanding debt, there has long been confusion about the real number with most putting the debt/GDP at around 250%, while the IIF in 2017 calculated China’s debt load as high as 300% of GDP (which means that by now it is substantially higher). Then, last year, … Read more
https://www.youtube.com/watch?v=f9cz7j2j94U Sounds like someone is either off his/her meds or dropped a couple of tabs of LSD too many. KS
by howmuch The U.S. economy hit $20.5 trillion in GDP in 2018. What does this number actually mean? Well, GDP stands for “gross domestic product”, or, the total value of goods and services produced by a country in any given year. This means the U.S. produced $20.5 trillion in goods and services over 2018. This is … Read more
RT, Released on 3/12/19 A group of people from the San Agustin neighbourhood in Venezuela’s capital, Caracas, collected wastewater from the Guaire River for everyday use on Monday.
by TFittonJW Judicial Watch doing the heavy lifting: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-announces-depositions-of-senior-obama-era-officials-and-former-hillary-clinton-aides/ (Washington, DC) – Judicial Watch announced today a schedule of depositions of senior Obama-era State Department officials, lawyers, and Clinton aides who have been ordered by the court to provide answers under oath to Judicial Watch’s questions about the Benghazi and Clinton email scandals. In January 2019, United … Read more
Just wow Winter Storm Ulmer Intensifying Into a Major Plains Blizzard With Heavy Snow and High Winds At a Glance Ulmer is intensifying in the Plains where it will produce heavy snow and high winds into Thursday. Blizzard warnings have been issued from northeast Colorado to North Dakota and northwest Minnesota. Travel conditions will be … Read more
Facebook is having issues since 12:01 PM EDT. https://t.co/BLSiYCF9KL RT if it's down for you as well #Facebookdown — Downdetector (@downdetector) March 13, 2019 #BombCyclone Even #Facebook is down :-O pic.twitter.com/Shh4WSlnZf — Bognit O'Shaugnessy (@IrishChieftain) March 13, 2019 h/t keybored
RT, Released on 3/12/19 Larry talks with former Republican congressman and three-time presidential candidate Ron Paul, who has plenty to say about President Trump’s 2020 budget proposal, U.S. involvement in Syria and the fight over border wall funding. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in … Read more
by Michael Lebowitz On Sunday, March 11, 2019, Federal Reserve Chairman Jerome Powell was interviewed by Scott Pelley on 60 Minutes. We thought it would be helpful to cite a few sections of their conversation and provide you with prior articles in which we addressed the topics discussed. We have been outspoken about the role … Read more
It does not cut individual benefits that citizens receive, but instead targets waste and fraud in the agencies themselves. Its an overall budget. That also takes into account the projected savings under those same agencies. President Donald J. Trump is Promoting a Fiscally Responsible and Pro-American 2020 Budget RESPONSIBLE BUDGETING: President Trump’s budget request promotes … Read more
https://www.cnbc.com/2019/03/13/rite-aid-to-cut-about-400-us-jobs-in-shake-up-of-its-top-management.html Rite Aid said its CEO would exit as part of a revamp of its leadership, and that it would slash about 400 corporate positions. The company said the layoffs will affect more than 20 percent of corporate positions located at the company’s headquarters and across field operations. Rite Aid expects annual savings of about … Read more
https://www.cnbc.com/2019/03/12/chipotle-teams-with-venmo-as-it-takes-its-rewards-program-national.html Chipotle Mexican Grill is expanding its Chipotle Rewards program national as its digital platform continues to see major growth. Users can enroll via the Chipotle website or app, receiving 10 points for each dollar spent, earning a free entree with 1,250 points. For launch week, Chipotle is teaming up with digital wallet company Venmo.
via @ericbeebo: Companies with fatter margins may be maintaining them for not-so-good reasons: declining competition Watch trends in NIPA earnings and margins — they lead the S&P, and the S&P in turn leads the MSCI World A top-down macro view of the earnings outlook…ain’t too darn pretty
via axios: Before the 2008 stock market crash, 52% of Americans aged 35 or younger were invested in the stock market. As of last year, the number had dropped to 37%, according to Gallup. Data: Yahoo! Finance; Chart: Lazaro Gamio/Axios
2019 appears to be the year of the Frauds. So many things being revealed. College scams is just a Amuse-bouche to start… — Edward Dowd (@DowdEdward) March 13, 2019 pic.twitter.com/MQVPKT3lnE — Dan Stringer, SEC Pimp (@Danstringer74) March 13, 2019 FEDS Charge Super-Rich Parents, Coaches, College Admissions Heads, Ivy League Colleges w/Racketeering and Fraud There will … Read more
Jim Hoft from The Gateway Pundit reports, Rep. Katie Hill (D-CA) joined squish Chris Wallace FOX News Sunday to discuss the New Democrat Party. https://www.youtube.com/watch?v=KJ1HZq-KZIY Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
China’s $32 trillion problem. No worries, right? China’s unbelievably massive hidden debt is something that can’t be papered over. This can’t be swept under the rug. The problem is only getting worse and of course, there’s nothing stopping this as more speculation is encouraged by China as well as every other country in the world. … Read more