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BANKS in France, Germany and Belgium are most at risk of contagion from Italy’s deepening debt crisis, new data has revealed. Domestic banks in the Mediterranean nation are already encumbered with some £1.3 trillion (€1.5 trillion) of public debt as the cash-strapped government in Rome grapple with a weak economy which tumbled back into recession … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Americans love paying big profit margins for big equipment, and automakers love them for it, but total sales are declining, and something doesn’t add up. The average transaction price of the vehicles sold by Fiat Chrysler jumped 5% in January compared to a year ago; for vehicles sold by Ford Motor … Read more
by badpauly This is a list of the top 20 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most … Read more
by Michael Snyder A shocking new public opinion poll seems to have settled the debate about whether religious people or non-religious people are happier. In recent years, more people than ever are “throwing off the shackles of religion” in an attempt to find personal happiness, but it looks like they have been running the wrong … Read more
On this episode of the Geopolitical Report, I take a look at the Nazi plan for world government and its realization in the creation of the European Union. The bankers and corporatists who funded Hitler and the Nazi socialists wanted a strong centralized government firmly within their control. Following the defeat of the Nazis, the … Read more
Some observers are saying that January’s stock market rally means the rest of 2019 should be positive. But, let’s take a closer look at the “January Indicator” …
From Birch Gold Group The long and convoluted tale of Woodbridge Group, a real estate conglomerate of more than 100 companies, has finally reached a climactic ending. What may have looked like a promising investment venue just a few years ago was little more than a front for a massive Ponzi scheme. Seasoned lawmakers undoubtedly struggled … Read more
Shot: I do not record. I’ve never recorded. I’m a very fast note-taker. When someone kind of says the “it” thing that I have really wanted, I don’t start scribbling right away. I have an almost photographic memory and so I wait a beat or two while they’re onto something else, and then I write … Read more
by EdmondDantes777 The MSM presented us with a simple story yesterday: https://www.apnews.com/b94fea4b4a2a408fabcf756da790ff27 WASHINGTON (AP) — Supreme Court Justice Ruth Bader Ginsburg is making her first public appearance since undergoing lung cancer surgery in December. The 85-year-old Ginsburg is attending a concert at a museum a few blocks from the White House that is being … Read more
BC (owned by GE, which is a major war profiteer, military supplier) uses a fake report by a deep state company called “New Knowledge” to smear the most anti-war candidate running for president – Tusli Gabbard. h/t bird556677
By Tom Kool Oil prices have been choppy in recent days, although WTI and Brent are holding onto their gains near multi-month highs. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) – The International Maritime Organization has new regulations taking effect on January 1, 2020 that will slash the concentration of … Read more
by Frank Holmes, CEO, U.S. Global Investors Happy Year of the Pig! This week marks the start of China’s Spring Festival, during which an estimated 3 billion trips will be made using the country’s massive transportation network of roads and rail. That figure is a slight rise from the same period last year, despite slowing … Read more
Is there a more deflationary chart than the Baltic Dry Index of global freight rates? pic.twitter.com/3XajzZVIzY — David Rosenberg (@EconguyRosie) February 5, 2019 Chart: US non-manufacturing export orders (weak!!!!!) pic.twitter.com/5qHTFXW7je — mcm-ct.com (@mcm_ct) February 5, 2019 Given the sharp slowdown in credit card transaction data, safe to say that retail sales will miss to the … Read more
https://techcrunch.com/2019/02/05/raiseit/ Reddit is raising $150 million to $300 million to keep the front page of the internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech giant Tencent at a $2.7 billion pre-money valuation. Depending on how much follow-on cash Reddit drums up from Silicon Valley … Read more
https://twitter.com/OccupyWisdom/status/1092829883330383873 https://twitter.com/RealDavidJensen/status/1092855301055770624 $10 trillion in corporate debt will be refinanced within 2 years. And looks like nothing's changed since Dec 26. I don't understand the joy some brainless trolls are having. I made 310 handles in Dec. You took 50 back so far. So go get yourself an ass-aid before it evaporates pic.twitter.com/9nZR0B5f4r — xTrends … Read more
S&P 500… The massive recovery has been fully driven by dovish central banks, despite unexciting earnings and guidance. pic.twitter.com/laRBMWxj9g — Daniel Lacalle Official Account (@dlacalle_IA) February 5, 2019 The whole problem in markets has been the Fed and China. Both have had a major interest in keep markets afloat into 2 things State of the … Read more
via Kevin Lynn Last week, the Trump Organization, an umbrella group that oversees more than 500 companies which list Donald Trump, the United States President, as sole or principal owner, announced that it would use the federal E-Verify program to confirm the work eligibility status of its new employees. Because of a little-known provision in immigration law … Read more
by Amy S. Those pesky toxins are getting into our bodies and making us feel cruddy all day! Unfortunately, few of us take the time to detox ourselves, sitting in years of built-up gunk and metals running wild around our bodies. Toxins are everywhere – in our food, water, and even in the air we breathe. … Read more
by Michael Snyder The U.S. national debt is wildly out of control, and nobody in Washington seems to care. According to the U.S. Treasury, the federal government is currently $21,933,491,166,604.77 in debt. In just a few days, that figure will cross the 22 trillion dollar mark. Over the last 10 years, we have added more than … Read more