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via MarketWatch: When the leader of one of the biggest economies in the world gathers his chiefs for an economic pep talk, the rest of the world best listen up. At the top of the radar for investors returning to the action Tuesday, was a hush-hush meeting between Chinese President Xi Jinping and his Communist Party leaders, … Read more
via Zerohedge: The Pension Benefit Guaranty Corp (PBGC) said in a Friday press release that it believes Sears Holdings Corp’s “continuation of the plans is no longer possible” following the Company’s October bankruptcy, after it was revealed in a Friday filing that Chairman Eddie Lampert’s $5.2 billion rescue package does not include pension plans. PBGC, a government … Read more
via Bloomberg: If you’re looking for one of the worst ideas in contemporary banking, look no further than Germany. The mooted merger between Deutsche Bank AG and Commerzbank AG would make a mockery of any notion that EU governments are serious about ending the “too big to fail” problem. It would also turn back the clock on a … Read more
by QuantalyticsResearch US Stocks Yesterday’s release by China’s National Bureau of Statistics that shows China 4Q GDP slowing to 6.4% in CY2018 vs 6.8% in CY2017 has rekindled worries about a deceleration in global growth US stocks index future are dropping to start the week after yesterday’s MLK holiday with front-month Dow Jones minis –0.56%, … Read more
Korean exports appears to have collapsed in January – bad news for global EPS growth! 🇨🇳🇰🇷🌍 $KRW pic.twitter.com/q4ThQkQp3O — Martin Enlund ⚡️🦆🚁 (@enlundm) January 22, 2019 pic.twitter.com/48ZTamk4Vh — Alastair (@StockBoardAsset) January 22, 2019 hold on to your pants pic.twitter.com/0Id8dIv7L4 — Alastair (@StockBoardAsset) January 20, 2019 probably a chart you should see pic.twitter.com/iHFzDD8uSb — Alastair (@StockBoardAsset) … Read more
With 18.7m followers and a roster of fans that includes the Kardashians and Naomi Campbell, the Instagram page of beauty company Anastasia Beverly Hills offers crafty demonstrations of how to use its products to get the perfect eyebrows and lips. In one image, a model has a tiny heart carved into her manicured eyebrow. The successful social … Read more
by Michael Snyder IMF Managing Director Christine Lagarde made headlines all over the globe this week when she declared that “the risk of a sharper decline in global growth has certainly increased”. As you will see below, signs of economic trouble are popping up all over the planet, and pretty much just about everyone is now … Read more
by Michael Snyder If you add together all of the money owned by the poorest 3.8 billion people living on this planet, it would roughly equal the wealth controlled by the 26 wealthiest men in the world. Oxfam has just issued a brand new report on global inequality, and what they have discovered is making … Read more
by Charles Hugh-Smith The social media/search giants have mastered the dark arts of obfuscating how they’re reaping billions of dollars in profits from monetizing user data, and lobbying technologically naive politicos to leave their vast skimming operations untouched. I’ve been commenting on the cancerous disease that’s taken control of the Internet– what Shoshana Zuboff calls Surveillance … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But first-time buyers cling to hope. Sales of newly built detached houses in Australia plunged 6.7% in December 2018 from November, to just 4,622 houses, according to the Housing Industry Association (HIA), easily whizzing by the prior record low of 4,769 sales in August (chart via TradingEconomics.com): In the fourth quarter of … Read more
by John Rubino The business cycle has its stages, and they’re usually both predictable and logical. For example, governments tend to generate a lot of tax revenue late in an expansion as more people get jobs and start paying income taxes and rising stock prices generate big capital gains. Meanwhile, less has to be spent … Read more
Here is today’s articles mentioned in this news update: 1. A Weakening Global Expansion Amid Growing Risks https://blogs.imf.org/2019/01/21/a-we… 2. Davos 2019: What you need to know about ‘the world’s most exclusive business bash’ https://www.thelocal.ch/20190121/davo… 3. IMF cuts growth forecasts for second time in three months as global elite gather for Davos https://www.theguardian.com/business/…
by TFittonJW Enjoy the Judicial Watch video: Was on Fox ten years ago talking about Air Pelosi…. Back when I was 40…there was controversy about Speaker Pelosi’s travel (caused by JW”s investigations and litigation). And now, thanks to President Trump, the same issue is back in the news. https://www.youtube.com/watch?v=q82V2YnOHUA This Twitter thread is key: .@SpeakerPelosi … Read more
by Charles Hugh-Smith The net result of a rigged system is the vast majority of the gains in income and wealth flow to the very tippy-top of the wealth/power pyramid. We often hear how the system (i.e. our economy) is rigged to benefit the few at the expense of the many, but exactly how is … Read more
https://www.youtube.com/watch?v=vBWMouLSwJQ It’s a shame so many Americans don’t understand what’s going on in Europe. Between Brexit, the yellow vest movement, the Eastern Europeans, Italy, Greece, etc, it’s a whole new ballgame. And it all started with Trump. The EU is freaking out and the mainstream globalist corporate media are becoming irrelevant. What an amazing time … Read more
The [DS] is pushing their agenda with their latest event involving boys from a religious school.Fox accidentally puts up a graphic showing RBG already gone. Blueprint Q lay out the plan to get rid of the swamp. Strange messages, tweets that are coded.The [DS] is planning and they talking to each other, Patriots on Guard. … Read more
By Tsvetana Paraskova Last year’s heightened volatility in energy markets—typically a welcome background for fund managers to make profitable trades—proved to be less than stellar news for energy-focused funds. Energy-exposed funds have been suffering since 2016—first because of subdued volatility, then because of increased volatility. But most of all—because of bets on crude oil and … Read more
Senate Democrat Accuses House Republicans Of Colluding To ‘Derail’ Mueller Probe, Calls For Investigation A Democrat on the Senate Judiciary Committee is calling for an investigation of House Republicans he claims have colluded with the Trump White House to derail special counsel Robert Mueller’s Russia probe. https://dailycaller.com/2019/01/21/sheldon-whitehouse-republicans-mueller/ Democratic Rhode Island Sen. Sheldon Whitehouse did not cite … Read more
The [DS] is pushing their agenda with their latest event involving boys from a religious school.Fox accidentally puts up a graphic showing RBG already gone. Blueprint Q lay out the plan to get rid of the swamp. Strange messages, tweets that are coded.The [DS] is planning and they talking to each other, Patriots on Guard. … Read more
by DCG Why are people supporting Netflix? I’m guessing the “newbs” who sign up are either unaware of the CRAP Netflix supports or they just don’t care. I wonder if new subscribers are aware of the following: Garbage: “Chilling Adventures of Sabrina” underage orgy scene on Netflix Netflix ‘Insatiable’ TV series mocks Christianity with young girls pleading … Read more