by Shaun Richards Let me welcome you all to 2019 as we advance on another new year. I hope that it will be a good one for all of you. As I look at financial markets there has been a development which in isolation is good news. This is that the US ten-year Treasury Bond … Read more
via nypost: Nearly two years after his inauguration, I have concluded that President Trump has made me a better person. For starters, I’m more compassionate. After the election, I was as dazed and confused as anyone in the political-media bubble. To understand what happened, I devoured reporting about Trump voters and sought to understand them. I … Read more
via legalinsurrection: The release of her DNA test results right before the midterms is almost uniformly seen as a public relations disaster, from which she still is trying to recover. Rather than confirm the validity of her claim when she was climbing the law professor ladder to Harvard to be Native American, it turned her into a laughingstock. Then … Read more
via thefreethoughtproject: Wichita, KS – In December of 2017, police responded to a prank call, also known as a “swatting,” at the home of Andrew Finch. When the entirely innocent and unarmed father answered the door during the raid, Officer Justin Rapp was recorded on video killing him in cold blood. After the coverage died down … Read more
Money has always been concentrated. Whether it’s geographic concentration or in terms of the societal aspect. Today we see a wealth gap which hasn’t been observed or a very long time. The middle class is disappearing and the majority of individuals are finding their way out of cash and into poverty. The trouble is that … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too. How well does a buy-and-hold strategy work in the stock market over the long term – as measured in years and decades? In the largest markets around the world, it has crushed investors. … Read more
by Michael Snyder The character of a nation is a reflection of the character of millions of individual people, and one of the fastest ways to get a sense of the character of individual people is to visit their homes. It is said that a picture is worth a thousand words, and if that is … Read more
by John Rubino Much about 2019 is uncertain. But a few things are pretty much guaranteed, including the following: Government debt will rise at an accelerating rate Like a life-long dieter who finally gives up and decides to eat himself to death, the US is now committed to trillion-dollar deficits for as far as the … Read more
via @OddStats: 2018 ended up 9th all time and 3rd worst since the index expanded to 500 stocks in 1957.
by SpontaneousDisorder The government borrows from the market for different lengths of time. ie from 1 month to 30 years. The interest rates (yield) vary according to what the market demands at any moment. This is the yield curve. An inverted yield curve is the unusual situation of the market demanding more yield for shorter … Read more
#PeakEarnings….and these projections assume no recession despite entire world already slowing pic.twitter.com/woQNKWGb7V — M/1_LP (@MI_Investments) January 1, 2019 🇺🇸 As a reminder, five Federal Reserve indexes of regional #manufacturing all slumped in December, the first time they’ve fallen in unison since May 2016 – Bloomberg pic.twitter.com/zTIbUxEcb1 — Christophe Barraud🛢🐳 (@C_Barraud) January 1, 2019 🇺🇸 The … Read more
Anyone notice this? The last two minutes of S&P trading on Dec 31st were wild. Since the first day of the year is historically the most volatile, the last two minutes of 2018 might be a "preview" of what’s to come. pic.twitter.com/VvoY7ouH3m — Rich Kleinbauer (@RMKOutFront) January 1, 2019 This chart could be the most … Read more
via quora: Did you know that unlike searching on DuckDuckGo, when you search on Google, they keep your search history forever? That means they know every search you’ve ever done on Google. That alone is pretty scary, but it’s just the shallow end of the very deep pool of data that they try to collect on people. What most people don’t realize is that … Read more
by Adam Taggart Welcome to our new readers and a very Happy New Year to everyone! Now that it’s 2019, we’re going to start the new year here at Peak Prosperity by responding to the wishes of our premium subscribers and making our most recent premium report free to everyone. For those unfamiliar with our … Read more
Brazil’s President Bolsonaro to Trump: “Together, under God’s protection, we shall bring prosperity and progress to our people!” Dear Mr. President @realDonalTrump, I truly appreciate your words of encouragement. Together, under God’s protection, we shall bring prosperity and progress to our people! https://t.co/dplAFNJGdA — Jair M. Bolsonaro (@jairbolsonaro) January 1, 2019 Jair M. Bolsonaro Verified … Read more
by DCG Ain’t socialized health care grand? From Daily Mirror: A newly-wed who allegedly wasn’t diagnosed with bowel cancer for 10 months despite “filling cups with blood” when she went to the toilet, has died. Gemma Epstein, who married two days before dying on December 20, was told by doctors to “take each day as it comes”. She … Read more
Kanye West Reaffirms His Support of Trump in His First Tweets of 2019. “Trump all day,” he wrote, followed by dragon emojis — likely calling back to tweets from April in which he said he and Donald Trump share “dragon energy,” which he defined as “natural born leaders,” “very instinctive” and “great foresight.” “They will … Read more
Elizabeth Warren didn’t think she could beat Hillary, so that is how weak she is. I think Trump is very beatable, but Warren has not a chance. Elizabeth Warren is in. Yesterday, I opined that if Elizabeth Warren runs for president, she will face a steep uphill climb. Today, it looks like she intends to embark on … Read more