via Lisa Egan: I will never forget the day I had my first migraine. I was 25 years old and was a teacher. It was a sunny day, and I looked out of the classroom window and suddenly, a strange visual disturbance began. It was as is if someone had taken my picture with a flash … Read more
https://www.youtube.com/watch?v=94p9s… James Comey unleashes on GOP over Trump
It was over two years ago that Wells Fargo’s fake accounts scandal burst into the headlines, and since then, there has been an unrelenting torrent of bad news. In late October, the American Banker reported that two executives were placed on leave after they received notifications of pending sanctions from the Office of the Comptroller of the … Read more
Investors to Corporate America: You’ve got a debt problem New York (CNN Business)It’s getting awfully difficult for investors to ignore Corporate America’s mountain of debt. Fears of an economic slowdown — or even recession — have turned a spotlight on the debt that businesses piled up during the past decade, when borrowing costs were historically … Read more
https://twitter.com/NorthmanTrader/status/1075362089781354496 https://twitter.com/NorthmanTrader/status/1075359150144671744 pic.twitter.com/ib0p6TQeOz — M/1_LP (@MI_Investments) December 19, 2018 https://twitter.com/OccupyWisdom/status/1075385528374226944 Yield Yield Yield – this chart says we are PRESENTLY IN A MAJOR BEAR MARKET NOW $SPX pic.twitter.com/TBpOGeipQN — mcm-ct.com (@mcm_ct) December 19, 2018 Corp bond issuance,,,,,same double top formation as for stock valuations…. pic.twitter.com/gT5NkjfjCP — M/1_LP (@MI_Investments) December 19, 2018 Goldman Sachs says banks … Read more
https://youtu.be/AdPukQ96vEA Economist and author, Michael Hudson, in his new book “…And Forgive Them Their Debts: Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year,” shares with journalist Chris Hedges how Ancient cultures forgave debt cyclically to prevent debt peonage and the rise of an oligarch elite.
Weekly Midcap momentum crashes to 2008 levels! pic.twitter.com/JHqJlZdQoh — Alastair (@StockBoardAsset) December 19, 2018 Economic Sentiment is rolling over-> New cycle high for "how to prepare for a recession" pic.twitter.com/UUd9L0ozub — Alastair (@StockBoardAsset) December 19, 2018 $SPYB buyback index continues to lead the markets lower – this will not change imo until #SPYB begins gaining … Read more
Chart: Mean-reversion can be painful – pic.twitter.com/4jFVAewG08 — (((The Daily Shot))) (@SoberLook) December 18, 2018 … vs. China – pic.twitter.com/9h09yKVdB8 — (((The Daily Shot))) (@SoberLook) December 18, 2018
by Michael Snyder How would you feel about Christmas if there were absolutely no gifts at all? That may sound like a very strange question, but I think that it is a very important one, because the truth is that our biggest holiday of the year by far is all about materialism. According to ABC News, … Read more
Authored by Nomi Prions via The Daily Reckoning, This week I’ve been in Washington, D.C. for high level meetings focused on the economy. While meeting with senior officials and members of the House and Senate, it became clear that a troubling phenomenon is building. In the wake of recent stock market volatility and uncertainty surrounding … Read more
https://www.bloomberg.com/news/articles/2018-12-18/blue-apron-s-90-drop-makes-it-third-worst-u-s-ipo-this-decade?srnd=premium https://www.cbsnews.com/news/once-tasty-blue-apron-is-now-a-penny-stock/ Blue Apron went public last year in an initial public offering priced at 10 bucks a share. Its stock has been slowly unraveling ever since — the company has lost 90 percent of its market value since the June 2017 IPO. Despite its cachet among upscale urbanites, investors cooled on Blue Apron after … Read more
https://www.economist.com/business/2018/12/22/masayoshi-son-floats-part-of-softbank-to-help-pay-for-his-huge-tech-bets Mention Softbank and most Japanese people, understandably, think of telecoms—it is Japan’s third-largest wireless carrier. The company hopes to weaken that association. SoftBank is listing its telecoms arm; shares in the unit were due to begin trading on December 19th, after The Economist had gone to press. SoftBank Group was expected to raise ¥2.6trn … Read more
https://www.youtube.com/watch?v=h4lgZl85aac Hundreds of protesters took to the streets of Athens on Tuesday, as the first post-bailout economic budget went to vote in the Greek parliament. Protesters with banners and signs marched towards the Greek parliament, while chanting anti-austerity slogans. http://www.therebel.media/watch-jack-… Jack Buckby of TheRebel.media reports: Thought the EU was spending your tax money wisely? Think … Read more
The Corrupt government conspiracy against the people has begun long ago. We are sharing this brief informative video on the topic which will demonstrate to you that this FEMA / Department of Homeland Security (DHS) Concentration Camp Operation is nothing new, it is war waged against the people and is un-constitutional but the oppressors of … Read more
Jason talks about leading economic indicators like demand for chemicals for the auto, housing and electronics as well as Chinese demand for chemicals flashing warning signals and FedEx, who ships goods for consumers and businesses all over the world warning about problems increasing in the EU and a general global economic slowdown outside of the … Read more
https://www.youtube.com/watch?v=FneXokhgJDE Amen to that man standing for truth! Of course they don’t want you to applaud what he is saying oh, you want you to raise your hands and nobody knows how many people stand with what he is saying!
After “the worst-on-record unbelievably bad” November, even e-commerce gets hit, not just brick & mortar, on fears Christmas sales could be terrible. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. With just one week left before Christmas, Europe’s fashion retail sector is showing little sign of yuletide cheer. On Monday, the shares of UK-based online fashion and … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The vengeance of share buybacks: buyback queen Apple plunges. In the third quarter, share buybacks by S&P 500 companies totaled $203.8 billion, according to S&P Dow Jones Indices today. These are actual buybacks, not hyperventilated announcements of possible future share buybacks: Share buybacks in Q3 jumped 57.7% from a year earlier. … Read more
by ogordained UNITED STATES Futures are pointing to a positive opening this morning amid progress on US-China trade talks The Fed will make a statement at 2pm likely increasing rates for the fourth time Elon Musk unveiled his Boring Co. underground tunnel and allowed guests to take rides Another Musk project, SpaceX, is set to raise $500 million to help launch its … Read more
by AssuredlyAThrowAway via NYT: For years, Facebook gave some of the world’s largest technology companies more intrusive access to users’ personal data than it has disclosed, effectively exempting those business partners from its usual privacy rules, according to internal records and interviews. The special arrangements are detailed in hundreds of pages of Facebook documents obtained … Read more