via theatlantic: Holiday parties were right around the corner, and I needed a cover story. I didn’t feel like admitting to casual acquaintances, or even to some good friends, that I drive a van for Amazon. I decided to tell them, if asked, that I consult for Amazon, which is loosely true: I spend my days consulting a … Read more
https://youtu.be/20OI1r0SRX0 He told them in March he wouldn’t sign another bill like this again. Judge Jeanine Pirro to President Trump: Keep Up Border Wall Shutdown – “This is Your Moment in History” (VIDEO) President Trump spoke with reporters on Christmas morning in the White House. The president said he will continue the shutdown until America has … Read more
https://www.youtube.com/watch?v=K_km1Ns9ttM CNN harassment on that older lady tops it all. CNN is horrible. AC
by David Haggith Until you got to this tax and spending deal a year ago, it was one of the most hated bull markets. The markets steadily climbed one wall of worry after another, and the problem was that the economic data did not confirm it. Bloomberg That’s right. The market was not rising for the … Read more
via visualcapitalist: In recent decades, extreme world poverty has declined significantly and many millions of people have joined the swelling ranks of the middle class – particularly in China. While these economic shifts are positive, it’s the other end of the global wealth spectrum that attracts the most attention. A high degree of wealth creation is amassed by … Read more
by howmuch Are you in the middle class? You probably think you are, according to new research from the Pew Research Center, but that doesn’t necessarily mean you’re right. It turns out household size is a major determiner of status in the lower, middle and upper classes. We plotted family size against the income range required … Read more
by Doug Kass “Look up and not down; look out and not in; look forward and not back, and lend a hand.” – Edward Everett Hale Make no mistake about it, the stock market panic and Bear Market of November-December 2018 is serious and profoundly threatens the economic and profit pictures. As mentioned on Friday, a fragile domestic … Read more
via Forbes: When Oracle rolled out its Autonomous Database earlier this year, Executive Chairman and CTO Larry Ellison thought the biggest selling point would be that it eliminates the cost of human labor to patch, tune, upgrade, and secure the database. Another big selling point was that it eliminates human errors, since all of that work happens … Read more
Strategist expects 2019 to be ‘very rough’ for the US market from CNBC. via CNBC: U.S. markets, which have already taken a beating this month, could fall as much as 20 percent next year, according to Todd Horwitz, chief strategist at investment advisor Bubba Trading. He says he thinks the economy is weakening and … Read more
Facebook is the ‘biggest concern’ among the FAANGs: Analyst from CNBC. Wang said many of Facebook’s trust woes have been “centralized” around Chief Operating Officer Sheryl Sandberg, who was in the spotlight after a New York Times report in mid-November about the executive and the social media media company’s internal operations. The Times report came on the back … Read more
Presidential history of market timing. They have been pretty. darn. good. pic.twitter.com/h9of1Gmtl9 — SentimenTrader (@sentimentrader) December 25, 2018 Trump, the Perpetual Stock Bull: “Really a Great Opportunity to Buy” “For Trump, the stock market has served as a barometer on his administration, and while he was pointing out virtually every major uptick for … Read more
via thistimeitisdifferent: Records are being broken shattered … Technically, a bear market is a 20% or more drop from a recent peak. The S&P 500 is down 12.06% in 2018 (so far), the most since 2008. It is also down 20% from its peak of 2,940.91 so technically in a bear market. The S&P 500 is down 14.82% in December … Read more
via @crossbordercap: Crashing Global Liquidity is making bonds look pretty good again… Post-G20, The US Dollar Is Armed And Pointed At Europe For 2019. Could Capital Flows Be The Trigger? http://bit.ly/2SnIdSX How Low Can They Go? Major Central Banks – China Apart – Tighten Further In current US$ terms, policy liquidity is shrinking at an even … Read more
via statista: The unveiling of the iPhone X was the most eagerly anticipated part of Apple’s launch extravaganza yesterday. The new handset made a daring design move in ditching the home button while it now boasts a facial scanner and the ability to make animated emojis. For some fans, the enthusiasm of the event and the enormous hype … Read more
Jim Hoft for the Gateway Pundit reports, Since October The Fed has single-handedly dismantled the US economy. The Trump tax cuts at year end 2017 set the economy on fire. https://www.youtube.com/watch?v=9pSeNGwW5bo Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
Japan’s benchmark Nikkei 225 Stock Average tumbled 5 per cent into a bear market on Christmas Day as the global equity rout continued unabated in the last week of the year, with renewed turmoil in Washington rattling investors. Tuesday’s selloff took its cue from the S&P 500’s worst-ever trading session before the Christmas holiday. Shares … Read more
via Twitter: Gee, remember all the pussyhats claiming Trump would lead the country into many wars. Now they are mad at him for ending a war. Scott Adams is arguing that Trump could conceivably end five wars in his first four-year term. – American forces out of Syria – American forces out of … Read more
Here is an explanation of how the compromise involved in passing the National Voter Registration Act of 1993 was itself compromised. The Democrats wanted a law that would allow easy registration. The Republicans wanted a law that would require states to keep their voting rolls clean and up to date. They both thought they had gotten what … Read more
The biggest publics works projects in the history of the world is going on right now. It has nothing to do with the Fed or the U.S. at all. It’s China. They went from a tightly controlled system to verbally expressing their desire to open up. Sounds good, right? But why are they building millions … Read more
This is all too familiar. The EV rebate system is a total scam and I am guilty of partaking in it. Multiple times. We bought our first EV (a Tesla P85) 5 years ago and got both the federal and state tax credits as well as the other perks like HOV lane access and utility … Read more