When Sam Mizrahi purchased land at the southwest corner of Yonge and Bloor Streets in Toronto to develop a groundbreaking mixed-use tower called “The One,” he knew how much manpower and equipment it would take to complete the project, but what he did not anticipate was attaining one of the world’s most powerful cranes. … Read more
From Lisa Lee and Bloomberg: One of the safest ways to invest in junk-rated companies is starting to look pretty risky. Money managers have grown increasingly concerned about loans to high-yield corporations over the last month as early signs of slowing global growth have emerged. Investors are starting to realize that a key safeguard that protects them, namely the collateral they … Read more
via Meadow Clark: Dozens of blood pressure medicines have been recalled. The medications, containing an ingredient used to make rocket fuel, are the latest in the recent mass blood pressure drug exodus. The recent recall that follows months of blood pressure drug recalls may be an ominous sign for modern medicine as the blood pressure and … Read more
by panchilly Smart phones are about 10 years behind desktop computers in terms of performance. Remember the first iphone in 2007? It was ~300mhz which was the speed of a pentium2 top-of-the-line desktop computer in 1997. If you look at the numbers you will find that this pattern roughly holds across many variables … Read more
by roman-s Intro: Today I’ve learned that KeyPoint Credit Union (I have a car loan there) is a not-for-profit financial institute as any other Credit Unions. This was an eye-opener for me. I’ve read a little bit about Credit Unions, what they are and how they are the difference from regular banks. Whatever … Read more
by WARREN MOSLER Agent Orange, the self proclaimed tariff man, taking the EU: US decelerating: I would have expected Chile to be affected most by global warming… It’s becoming more clear to me that lending shifted from banks to other investment entities via the leveraged loan process, and the growth in that credit channel is … Read more
by WARREN MOSLER Corporate Profit Crunch Looms as Stocks Slide (WSJ) In December, analysts cut their earnings forecasts for 2019 on more than half the companies in the S&P 500, according to FactSet, the first time that had happened in two years. They expect earnings for S&P 500 companies to grow 7.8% in 2019, down … Read more
by Lance Roberts Over the last few weeks, I have been asked repeatedly to publish my best guess as to where the market will wind up by the end of 2019. Here it is: “I don’t know.” The reality is that we can not predict the future. If it was actually possible, fortune tellers would … Read more
Betsy and Thomas are serious on this important audio alert on how George Soros has waged war on America. Do not expect the media to tell you. Listen to the audio, then continue your citizen education here: https://patriots4truth.org/2018/11/24/george-soros-is-getting-redpilled/
An analysis on Youtube and Mastercard deplatforming Mumkey Jones and the ripples of those actions. https://www.youtube.com/watch?v=Y5mTw-ZnXg0 h/t buffaloroambuford
by Playaguy Ever wonder why the cancer industry is always a decade away from a cure? Why billions are spent in research and donations and nothing changes? Cancer is nearly a $200 billion/year industry in the US alone. It might be the biggest business on earth. The research that is directed by pharmaceutical companies, … Read more
by AnonDidNothingWrong Shouts of “dictatorship” were heard as one of the leaders of France’s anti-government Yellow Vest movement was arrested in Paris late on Wednesday, after authorities charged him with organizing and leading an unauthorized protest. Eric Drouet was detained by police as some of the movement’s supporters gathered in the capital’s Place de la … Read more
By Nick Cunningham For much of 2018, investors probably thought they had a strong bet in the energy complex. But that bet badly turned sour in the final 60 days of the year. The spot energy index in the S&P Goldman Sachs Commodity Index (GSCI) gained 25 percent between January and October. But with the … Read more
by Chris I was tracking the futures before I went to sleep and after I woke up early this morning. I knew that a rescue mission was afoot by 10:00 p.m last night, but it began at 8:00. Okay, that’s expected. This morning, before the employment number release, the news was busy explaining the futures … Read more
https://www.youtube.com/watch?v=di6XkZjLNfc These liberals are blind. Their towns and cities get decimated by blight and liberal values then they go to other states in search of a “better life” not realizing they were the problem. These La Raza people won’t be in Kansas anymore if they come out of California because there is a whole … Read more
FWIW – This feels like a much better proxy for overall American mood than the nominal indices. pic.twitter.com/ZEFi1AzvDB — Peter Atwater (@Peter_Atwater) January 4, 2019 S&P liquidity has been trash all year pic.twitter.com/dXtH4PHNZQ — The Long View (@HayekAndKeynes) January 3, 2019 https://twitter.com/epomboy/status/1080920583473381378 Yellen: "Corporate indebtedness is now quite high… danger that if there’s something else … Read more
via MarketWatch: At 13 days in length as of Thursday, the current partial government shutdown is starting to move up the record books. So far, it already ranks as the second-longest shutdown in more than 20 years, topped only by a 16-day closure during the Obama administration that began in September 2013. Going back more … Read more
via Reuters: There are “lots of indications” that some managers discussed “the reputational risks” of Deutsche Bank’s involvement in a share-trading scheme that is the subject of Germany’s biggest post-war fraud investigation, according to a conclusion in one of five internal audits seen by Reuters. The bank issued tax certificates for withholding tax that had never … Read more
Europe headed for another recession? pic.twitter.com/oiWoHVJ6ET — Alex Barrow (@MacroOps) January 3, 2019 Only during recessions have we seen ISM dropping 5-index points or more in a month in newer history. Ouch! pic.twitter.com/OLcKOUtWDC — Andreas Steno Larsen (@AndreasSteno) January 3, 2019 China’s current economic slowdown differs from previous downturns because this time Chinese consumers are … Read more
by TFittonJW The full speech: https://www.youtube.com/watch?v=rnpokFs1Yls