Change the tax treatment of fringe benefits. “One indefensible policy involves superior tax treatment for employee fringe benefits, such as health insurance and retirement benefits, which operates to harm lower income people. It is well known that our tax system treats people who have to purchase their own health insurance differently than it treats people who … Read more
Overload: A City That Opened Its Doors To Asylum Seekers Has Come To Regret It. Maine’s largest city, population about 67,000, is now struggling with an influx of asylum seekers, to the point where a local official is alerting shelters in other parts of the country to discourage people from heading here. “The word … Read more
● Shot: “Former Tallahassee Mayor Andrew Gillum suffered a political and legal setback on Friday after the Florida Commission on Ethics found probable cause he accepted gifts during out-of-town excursions with lobbyists and vendors and didn’t report them. The Ethics Commission voted to find probable cause on five separate allegations involving trips Gillum took to New York … Read more
In this week’s video, Mike Maloney reveals some startling information on the increasing number of “Zombie Companies” in the the S&P 1500. Find out what kind of threat these walking dead companies pose to the economy, and prepare accordingly.
via Reuters: Liquidity, or the ability to buy and sell currencies whenever needed with minimal market impact, is seen by currency traders as the biggest challenge for 2019, according to an annual client survey by JP Morgan published on Tuesday. The views of the biggest 200 institutional trader clients, mostly focused on the $5.1 trillion a … Read more
via Reuters: The United States slid four points lower on a global corruption index in 2018, dropping out of the top 20 countries for the first time since 2011, watchdog Transparency International said in a report that cited growing threats to democracy worldwide. The group said its latest report on business leaders’ perceptions of corruption put … Read more
by Graham Summers of Gains, Pains, & Capital The world is moving towards Socialism. This means wealth taxes and wealth grabs are coming. In Europe, populist movements are on the rise, all of them vehemently opposed to any kind of austerity. The fact that these groups are gaining political clout when the EU economy is doing relatively well … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Gold looks like safe money amid rising inflation, gold’s technical picture is looking better by the minute, and Brexit fears have triggered an Irish gold rush. Gold looks like safe money amid rising inflation With … Read more
by WARREN MOSLER Imports up, exports down: China’s December industrial profits fall for 2nd straight month (Reuters) Profits notched up by China’s industrial firms declined 1.9 percent from a year earlier to 680.8 billion yuan ($100.9 billion) in December. For the full-year of 2018, industrial profits increased 10.3 percent on an annual basis to 6.64 … Read more
by Simon Black There are over 21 months to go until the 2020 US presidential election. And every day more and more socialist candidates throw their hat in the ring. They all want to be the one to take down Donald Trump. But how do you set yourself apart in such a crowded, and outspoken, field? … Read more
Conservative pundit Liz Wheeler complety debunks politics of democratic socialist Alexandria Ocasio Cortez. https://www.youtube.com/watch?v=XOmfagB29wo
VICE finally does something that is not Liberal and showcases Young Black Conservatives who voted for Trump. Really good documentary. h/t elitedestini
An optimist laughs to forget; a pessimist forgets to laugh. https://www.youtube.com/watch?v=IJ5nOzNZPH0
https://www.youtube.com/watch?v=cS5JdRVwBw4 Everything she says is like the punchline of a blonde joke. The problem is all the idiots that think she’s some genius. SP
Millennial leftists act entitled and throw a tantrum? How surprising. AC
“The Great Awakening: Breaking the Chains of the Democratic Party” is the world’s first “documonial” film. This is a testimonial documentary created entirely by using #WalkAway™️ Campaign testimonial videos. These are the true stories of black American patriots about the history and present of the Democratic Party. Please share this documonial film everywhere.
by independenttrader Insiders run off the market During the last decade we have experienced many market manipulations in order to inflate share prices of mostly large companies. One of these suspicious activities are buybacks which volume rises year by year, starting from 2009. Within last 12 months the so called share repurchases reached their all time … Read more
https://twitter.com/Breaking911/status/1090087016161779712 iPhone FaceTime bug lets callers eavesdrop! A bug in FaceTime lets you listen in to the audio if you try to call someone — even if they don’t pick up. You first video call someone then try to add yourself to the group call. The FaceTime bug seems to be a huge privacy problem. … Read more
by Lance Roberts As we discussed in this past weekend’s missive: “A WSJ article suggesting that the Fed would not only stop hiking interest rates but also cease the balance sheet reduction which has been extracting liquidity from the market. In mid-2018, the Federal Reserve was adamant that a strong economy and rising inflationary pressures required tighter monetary … Read more
by Troy The U.S. stock market has held up well during this earnings season. Now that earnings season is over, many traders are looking for a pullback/retest. Overall, the statistical evidence for a pullback/retest remains strong and convincing. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term … Read more