by independenttrader At the end of 2012, the U.S. Department of Justice imposed a fine of 1.9 billion dollars on HSBC, almost 10% of the bank’s earnings. That was a cost for supporting drug cartels with money laundering and breaking the sanctions imposed on Iran and Libya. It became clear then, that no one will be … Read more
by Martin Armstrong QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of MO.-Kansas City to justify unlimited deficit spending of the US Govt. OK as the Govt. can finance its deficits by unlimited currency printing. Would you please … Read more
by Martin Armstrong I have warned that the entire Student Loan Crisis has significantly altered the economy thanks to the Clintons courting the New York bankers making Student Loans the exception to bankruptcy. In Florida, like many other states, if you are in default on your student loans, the medical license to obtained is suspended. The … Read more
https://www.chicagotribune.com/news/weather/ As polar vortex tightens its grip on midwestern US, AccuWeather RealFeel® Temperatures plummet to -75 F The coldest weather in years will put millions of people and animals throughout the midwestern United States at risk for hypothermia and frostbite to occur in minutes during the final days of January. The deep freeze has a … Read more
The study, which was funded by the International Nut and Dried Fruit Council, revealed that almonds, along with other tree nuts, are the best types of nuts to help support male fertility. The researchers found eating 60 grams or two portions of nuts daily, including almonds, “significantly improves” total sperm count and the vitality, motility … Read more
Leveraged loan market concerns from CNBC. via CNBC: Leveraged loans are made to companies with weak balance sheets and poor credit profiles. They often are blamed for helping cause the financial crisis due to the high levels of corporate debt and opaque nature of the securities used to package them. Mutual funds for leveraged loans … Read more
https://twitter.com/TheBigMunchkin/status/1090613526065041408 #ticktools volume/flow adjusted $VIX is painting an increasingly bullish picture for Volatility products which implies a signficant risk for #equities pic.twitter.com/L5qHlfxnmk — mcm-ct.com (@mcm_ct) January 30, 2019 Liquidity is a Coward, it only exists when you don’t need it… https://t.co/iEXqJWuzix — Mark W. Yusko – Two Point One Quadrillion (@MarkYusko) January 29, 2019 https://twitter.com/OccupyWisdom/status/1090298983749246976 … Read more
Look at this chart: ratio of “present situation” to “expectations” from the Conference Board confidence report. Cut-and-dry sign of a tapped-out consumer. A great leading indicator at turning points because it either coincides with the recession or occurs a few months prior pic.twitter.com/qEf1a8ekVn — David Rosenberg (@EconguyRosie) January 29, 2019 https://twitter.com/ercorbeil/status/1090446815785373696 "We are getting more … Read more
By The Phoenix Yesterday’s article caused quite a stir. I wish that represented the worst of what’s to come, but it doesn’t. Prepare to be taxed. The growing mantra from the political class is that “the wealthy aren’t paying their fair share.” While I am all for paying appropriate tax levels, the fact is that this … Read more
by JesusCItsJasonB https://www.cnbc.com/2019/01/29/apple-q1-2019-earnings.html Pros: -Gross margin if 38% across all businesses, 34.3% gross margin for iPhone, and 68% gross margin for services (Apple Pay, Apple Music, iCloud, …). Gross margin = The higher the percentage, the more the company retains on each dollar of sales, to service its other costs and debt obligations. -19% growth … Read more
https://www.wsj.com/articles/ebay-to-pay-its-first-ever-dividend-11548800151 EBay Inc. EBAY -0.97% said Tuesday it would pay a 14-cent dividend in March, its first ever, as the company faces pressure from hedge-fund investors to improve shareholder returns. The dividend, which is set to be paid on March 20, is part of a broader capital-return plan the company announced. It also added $4 … Read more
https://www.bloomberg.com/news/articles/2019-01-25/credit-suisse-said-to-lose-60-million-after-canada-goose-trade Sold the stock at a $60 million loss after Canada arrested Huiwei ceo. Credit Suisse acted as an underwriter on the sale of 10 million shares by Canada Goose Holdings Inc. stockholders in late November. The offering was priced at $65.15 a share, a 1.85 percent discount to the previous close, a person familiar … Read more
by Altruistic_Camel Today Bloomberg has a news story about Equinox opening a new gym in New York City. (non-paywall) On the terminal this was under “Featured Stories” in TOP. It is under “Businessweek” on their website. Not their lifestyle section, not their Pursuits magazine, just smack in the middle like any other regular news story. The article has needless details like … Read more
by jcspoon Go to irs.gov. Click popular now. Click free file. It gives you the big tax company software for free https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free
by Thinker For the last three mornings in a row, I have got to read a “FAKE” news article about the POTUS in HuffPost. For the last two days, there as been a journalist who attached their name to the garbage that was printed. Journalist looking to score with negative news on Donald J. Trump … Read more
CHICAGO (CBS) — It will be so cold outside that you shouldn’t talk. That’s the warning from the National Weather Service as potentially record-breaking cold slams Chicago and the Midwest. In addition to the usual dress in layers and cover your mouth warnings, the NWS in Des Moines said, “to protect your lungs from severely … Read more
by GoldCore – “World’s most dangerous hotspot” is in the South China Sea – Currency and trade wars can lead to shooting wars warns Rickards – Chinese buildup in South China Sea like ‘preparing for World War III’ says US senator (see news) – U.S.-China shooting war could be, as Mick Jagger put it, “just a shot … Read more
LA is home to some of President Trump’s biggest critics. Hollywood’s elites have gone so far as to say a wall would be ‘ineffective,’ ‘unjust,’ and even ‘racist.’ Well, The DC’s Benny Johnson paid a visit to some of their West Coast mansions, which tell a completely different story! h/t C.K. Dexter Haven
by Geoffrey Grider NewsGuard, which is the establishment media’s latest effort to blacklist alternative media sites, is giving its sign of approval to proven hoaxes, even to stories that have been retracted. This story is personal for me, let me tell you why. Back on January 6th of this year, I was contacted by a woman … Read more