IF A BUSINESS DID THIS, WE’D BE HEARING ABOUT THE EVILS OF CAPITALISM

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Exclusive: D.C. Exchange Website Misled Customers About Individual Mandate. Last year, in response to Congress repealing the Obamacare individual mandate penalty beginning this January, the D.C. Council established its own requirement for District residents to maintain health coverage. If D.C. leaders wished to replicate Obamacare on the local level, they have succeeded beyond their wildest … Read more

THIS is SUPER BULLISH for VOL

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THIS IMO is SUPER BULLISH for VOL because what it shows is that the real vol that market was considering was MUCH higher than actual VOL and that therefore risk is much higher than people are thinking as well (meaning risk assets) https://t.co/GhEZfpZmfp — mcm-ct.com (@mcm_ct) January 28, 2019 https://twitter.com/PuffDragon11/status/1089691602027565056

Taking time researching great companies is far preferable to blindly investing in everything

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via @OccupyWisdom : 1/ INDEX INVESTING (Log scale & inflation adjusted) All the investment “experts” tout index investing: blindly buying 100s-1000s of minuscule positions, as ideal for the average investor. The below chart shows the sideways movement that this strategy leads to, often for decades There were times in history the index moved sideways for 5 decades. … Read more

China Anguish Is Piling Up: The Chilling Thing Nvidia Just Said about China & Tech

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Nvidia again cut its revenue guidance for the fourth quarter of its fiscal year 2019, which runs through January, this time by 18.5% from its previously cut guidance, down to $2.2 billion. Last time it had blamed the crypto collapse. This time it blamed weak demand for its gaming chips “particularly … Read more

Leveraged loans index stalling out, credit impulse is falling…

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leveraged loans index stalling out – bad for stock market pic.twitter.com/KTt21h5yqZ — Alastair (@StockBoardAsset) January 28, 2019 Credit Default Swaps reset after a month of declines? pic.twitter.com/xU4LAqo03F — Alastair (@StockBoardAsset) January 28, 2019 Eurozone credit impulse… Despite zero interest rates and massive liquidity, credit impulse is falling. "You can lead a horse to water but … Read more

So much bad news today…

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so much bad news today: Tesla seen forecasting first-quarter loss after Musk warning pic.twitter.com/K0GqmjfZ7G — Alastair (@StockBoardAsset) January 28, 2019 "Q4 was an extraordinary, unusually turbulent, and disappointing quarter," Chief Executive Officer Jensen Huang said. pic.twitter.com/PPXFU1GRNk — Alastair (@StockBoardAsset) January 28, 2019 TSMC, the world's largest contract chipmaker, has cut full-year investment and forecast its … Read more

Debt collection negotiation script

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by eidas007   So I made this script for my wife. She has to call and handle some debt collection from credit cards we stupidly incurred in our early 20’s then defaulted on. These are tactics that were modified from a decade of working in dealerships and watching successful car salesmen use them on customers … Read more

2018 Tax Year Changes to Mortgage Deductions

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Beginning for tax year 2018, taxpayers are limited to deducting mortgage interest on the first $750,000 of debt related to acquiring, building or substantially improving the primary or designated secondary residence that the loan is secured by. Prior to the Tax Cuts and Jobs Act (TCJA) taxpayers that utilized itemized deductions could deduct their mortgage … Read more

‘DEBT GREATEST THREAT’… TREASURY TO BORROW $1 TRILLION FOR SECOND YEAR TO FINANCE DEBT…

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Howard Schultz: The $21 trillion national debt is the ‘greatest threat domestically to the country’   Howard Schultz rips Democrats for veering too far left from CNBC.   “I think the greatest threat domestically to the country is this $21 trillion debt hanging over the cloud of America and future generations,” Schultz tells CNBC. He … Read more

Post-shutdown negotiations look brutal… GOODWIN: Trump down, but not out…

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GOODWIN: Trump down, but not out… Battered, bruised and beaten, Donald Trump faces a grim reality. Halfway through his term, his presidency is at low tide. The polls have cratered and his necessary retreatover using a shutdown to get wall funding had some erstwhile supporters spitting venom at him. His usual tormentors, meanwhile, are riding high. … Read more

CHICAGO COLDEST EVER? FROSTBITE IN MINUTES! -60° WIND CHILL MINNEAPOLIS

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Chicago’s record for coldest temperature ever could fall as polar vortex has city ‘in the crosshairs’ One of the coldest air masses in years will envelop the Midwest and the Northeast this week bringing potentially life-threatening low temperatures to the Chicago area that will feel even harsher in tandem with strong winds. In Chicago, the … Read more