California’s Housing Bubble Is About To Get WORSE! – The FALL Of California

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Josh Sigurdson talks with author and economic analyst John Sneisen about the latest news out of California as the housing bubble continues to weaken and yet still get propped up by government through Governor Gavin Newsom’s latest housing initiative. UCLA adjunct professor Jerry Nickelsburg who is also the director of the Anderson School of Management’s … Read more

Burger King debuts $5-a-month coffee subscription service

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Burger King debuts $5-a-month coffee subscription service https://nypost.com/2019/03/15/burger-kin…n-service/ OP Commentary: One cup of frap at Starfucks is $5.00 and tastes like liquid sh!t Burger King is brewing up a breakfast war with an app-based deal that lets folks score a cup of coffee for as little as 17 cents, the fast-food giant said Friday. Caffeine … Read more

Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing

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via CNBC: Active managers who claim that they would do better during periods of heightened volatility are going to have to find another argument. For the ninth consecutive year, the majority (64.49 percent) of large-cap funds lagged the S&P 500 last year. After 10 years, 85 percent of large cap funds underperformed the S&P 500, … Read more

SEC alleges Volkswagen ‘perpetrated a massive fraud’ and repeatedly lied to US investors

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via CNBC: The SEC is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal. The commission said that between April 2014 and May 2015 Volkswagen issued more than $13 billion in bonds and asset-backed securities in U.S. markets when senior executives knew that more than 500,000 vehicles in the … Read more

Slowdown looks it’ll be sticking around, banks are warning the equities rally hasn’t been matched by inflows into equity funds

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pic.twitter.com/KmZDDBumGe — Alastair (@StockBoardAsset) March 15, 2019 US manufacturing is no longer defying China's gravitational pull. The next few months are going to be tough. pic.twitter.com/reDIdP13vE — Ian Shepherdson (@IanShepherdson) March 15, 2019 https://twitter.com/tracyalloway/status/1106337655908794368 🌍On the subject on softer central bank language. Don't forget the rather looooong time lags before activity responds. And by the … Read more

The Coming Wave Of Junior Gold Miner Buyouts

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by John Rubino Spend a little time researching gold mining stocks and you’ll notice that once you get past a handful of familiar names there’s a long list of companies you’ve never heard of. Most of these are the proverbial “hole in the ground with a liar standing next to it.” But a fair number … Read more

Its official Trump has signed the Veto on the bill against declaration of National Emergency! William Barr: National Emergency happening right now on

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Just now on Fox News. Off to the 9th circuit it goes! AG Barr said it is constitutionally legal and well within the Presidents right to do so! Will update with links when available. William Barr speaking right now Saying National Emergency Happening right now on our border is exactly the type of Emergency that … Read more

Winds of Change Blow in Bombogenisis Blizzard Ulema

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The most intense blizzard system with lowest pressure readings ever set with record snows, floods and wind speeds since the late 1800’s. Winter storm Ulema a once in a century inland bombogenesis that wreaked havoc through the US and Canada. This video explains how the storm evolved , where it passed with destruction in its … Read more

$12 Billion Defamation Suit Hits Major Media Outlets

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via mediaite: Failed Republican Senate candidate Don Blankenship filed a massive defamation lawsuit on Thursday against dozens of news outlets and media personalities for referring to him as a “felon” during his 2018 run in the West Virginia primary. While Blankenship, the former CEO of Massey Energy, spent a year in federal prison after a misdemeanor conviction for … Read more

Must watch video: Joint Chiefs Chairman says Google refuses to work with US military but provides “direct benefit” to China’s military

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Must watch video: Joint Chiefs Chairman says Google refuses to work with US military but provides “direct benefit” to China’s military pic.twitter.com/MadQVJQK4a — Josh Hawley (@HawleyMO) March 14, 2019 yeah its pretty spooky they are an enemy of the USA and something has to be done and done Immediately This is a spy hidden by … Read more

Outsourcing Giant Interserve with 65,000 Employees Collapses

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Shareholders wiped out, 14 Months after competitor Carillion Collapsed. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Shares in UK outsourcing giant Interserve, which employs over 65,000 people worldwide including 45,000 in the UK, were suspended today after almost 60% of the firm’s shareholders, led by the US hedge fund Coltrane Asset Management, rejected a last-ditch … Read more

Tesla’s Mess at the Top: Decision Chaos & Epic Strategy Flip-Flops Make Moody’s Nervous

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But apocalypse not now: Tesla was able to repay the maturing bonds. “Tesla’s credit profile is strained” despite two “credit-positive” factors, Moody’s writes in a new report: These two credit-positive factors are: One, the repayment of $1.15 billion in maturing convertible debt ($230 million in November and $920 million just now), thus avoiding … Read more

US Air Force says Boeing has ‘severe situation’ after trash found on refueling planes

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In a blistering attack on Boeing, the Air Force’s top acquisition official said the company has a “severe situation” with flawed inspections of its new KC-46 air refueling tanker aircraft, after trash and industrial tools were found in some planes after they were delivered to the Air Force. Dr. Will Roper, assistant secretary of the … Read more