By Rodney Johnson I’ve said for years that Tesla, the electric car company, had its share of problems. Most recently I wrote about them here, here, and here. They’ve been selling “cool.” That may have worked for a little while, but now Tesla’s murky future, in my view, has reached entirely new depths. I’ve been saying competitors would … Read more
But no one is talking about how it goes to prove that your mic and camera can be turned on without you even touching your phone. Do people just not care? Or do they not connect the dots? via 9to5mac.com: A significant bug has been discovered in FaceTime and is currently spreading virally over social … Read more
from Jason Hartman’s Creating Wealth Jason Hartman and Doug take today’s episode as a chance to look at some key happenings in our world today. By now you’ve heard Jason discuss how there’s a softening in prices at the top of the housing market that is likely to slowly trickle down into other price ranges, but … Read more
from Financial Survival Network According to Karen Kataline, events over the past week have proven the Media for what it truly is, a mob of congenital liars. Witness the racist Covington kids tale and the Buzzfeed story about Trump supposedly directing Michael Cohen to lie to Congress. Any pretense at objective reporting has now been blown out … Read more
from Jason Hartman’s Creating Wealth Today’s show features Jason Hartman discussing some of the main stories in the news today. The first story is one of the reasons Jason created Commandment #3 (Thou Shalt Maintain Control), the next is a potential sign of a market slowdown from none other than the scandal plagued Wells Fargo, then … Read more
Futurist and economic researcher Chris Martenson says central banks cannot stop the money printing without the whole system blowing up. Maybe that is why gold is going up? Martenson says, “I believe it is. . . . I buy gold because gold is the only form of money that is not simultaneously someone else’s liability. … Read more
via Reuters: Federal Reserve Chairman Jerome Powell has a problem: how to explain that the Fed may soon begin to taper its ongoing asset-shedding operation without looking like he’s hunkering down for a coming recession, or caving to U.S. President Donald Trump. Not long ago, Powell expected to face this delicate communication test some time later … Read more
via CNBC: Consumer confidence at present remains strong, but future expectations are plummeting, according to the Conference Board’s latest readings. Such wide gaps often portend significant economic slowdowns ahead. “The most recessionary signal at present is consumer future expectations relative to current conditions. It’s one of the worst readings ever,” bond guru Jeffrey Gundlach said … Read more
What is your opinion on the Rent Culture? Renting not just houses but EVERYTHING.
https://www.youtube.com/watch?v=UmIpQ… Brennan On John McCain’s Legacy, Bruce Ohr & Losing His Security Clearance | Hallie Jackson | MSNBC Bruce Ohr’s testimony on anti-Trump dossier at odds with Adam Schiff’s version https://www.washingtontimes.com/news/…
by axolotl_peyotl James Corbett offers this partly humorous and partly depressing overview of the truly remarkable (and burgeoning) list of devastatingly fake news peddled by the Mockingbird Media over the last year. In addition, here is Glenn Greenwald’s brilliant expose on the the 10 worst, most embarrassing U.S. media failures on the Trump-Russia story. Even in the scenario where Trump … Read more
by User_Name13 via theguardian: The state’s teachers plan to strike over funding, low pay and tax breaks given to the tech firm As freezing rain poured down on Virginia last week, a student dressed in only a light red sweater made a mad 40-yard dash from her modular trailer classroom across the parking lot into the warmth of … Read more
Mainly ‘we will give you everything you need. just let us take a couple things away from you indefinitely, and then hop in line’ h/t Yew
by Charles Hugh-Smith Wealth is flowing to those who earn money from their human capital and enterprise. So you want to get rich: OK, what’s the plan? If you ask youngsters how to get rich, many will respond by listing the professions the media focuses on: entertainment, actors/actresses, pro athletes, and maybe a few lionized inventors … Read more
by Michael Snyder Apple iPhone sales are never supposed to go down. For nearly two decades, Apple has been an unbeatable economic miracle, but now it appears that times have changed. Global sales for the iPhone were disastrous during the holiday quarter, and this is yet another indication that the global economic slowdown is accelerating. Here in the … Read more
Everyone remembers that housing prices were crushed during and even after the 2007-2009 financial crsis. Are we headed toward a repeat? https://www.youtube.com/watch?v=7QIn0HdNCeQ
Road To Roota, Released on 1/29/19 With $60B-$80B in potential claims against PG&E in their Chapter 11 filing why isn’t anybody talking about the $600B-$800B in notional DERIVATIVES that were just triggered? Who’s the BIG LOSER? Bix Weir has 30 years’ experience in the financial industry with various fortune 500 companies. He is the creator … Read more
Wall St. For Main St., Released on 1/29/19 Jason talks about the new data from Caterpillar, Apple, ratio of “present situation” to “expectations” from the Conference Board confidence report and also what GameStop said about credit for LBOs.
by John W. Whitehead “This is jackboots in the morning. This is an American nightmare that they would arrest somebody like this.”—Judge Andrew Napolitano The American Police State does not discriminate. Whatever dangerous practices you allow the government to carry out now—whether it’s in the name of national security or protecting America’s borders or making America great … Read more
TradersChoice.net, Released on 1/29/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more