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
$21 TRILLION of Pentagon financial transactions “could not be traced, documented, or explained.” $21T in Pentagon accounting errors. Medicare for All costs ~$32T. That means 66% of Medicare for All could have been funded already by the Pentagon. And that’s before our premiums. https://t.co/soT6GSmDSG — Alexandria Ocasio-Cortez (@AOC) December 2, 2018 $21 TRILLION of Pentagon … Read more
by Jesse Colombo Crude oil’s plunge continued on Tuesday due to fears of a growing glut and economic slowdown. West Texas Intermediate crude oil fell 7.3% to $46.24 a barrel, while Brent crude oil fell 5.6% to $56.26 a barrel. Crude oil’s ongoing bear market confirms the warning I published on November 6th called “Is … Read more
by Michael Snyder The Federal Reserve is responsible for creating the stock market boom that we have witnessed in recent years. Are they now also setting the stage for a stock market bust? After hitting an all-time high earlier this year, the Dow has plunged more than 3,000 points from the peak of the market, and it would … Read more
by GoldCore – Review of 2018: ‘Everything bubble’ started bursting – International stock market indices and many property markets have fallen sharply – S&P 500 -4.5%, Nikkei -8%, EuroStoxx 50 -12.5%, FTSE -13%, DAX -16.5% – Of 54 major international stock market indices, only 6 are higher (see table below) – Global property bubble bursting … Read more
Researchers have identified a virus that is capable of “spying” on the molecular communications between bacteria – and now they’ve weaponized the ability so that the virus kills bacteria on command. This approach has been used by researchers to attack bacterial diseases like salmonella, cholera, and E. coli. The work, published in the journal Cell, … Read more
This is HILARIOUS BUSTED 100% proof Exposing Social Justice as a leftwing scam controlled by academia with Joe Rogan This is amazing work that these people did to uncover the way things work behind the scenes at submitting articles that get accepted. This is groundbreaking and huge. Anyone who won Stars this is a … Read more
by Jim Quinn If the Federal government shuts down on Friday, will anyone notice? Other than the propaganda mainstream media, NO!!!! I love government shutdowns because average Americans realize nothing changes in their lives when it is shutdown. Markets used to crash and everyone would get worked into a tizzy when this ploy began years … Read more
Gov. Andrew M. Cuomo announced that he would push to legalize recreational marijuana next year, a move that could generate more than $1.7 billion in sales annually and put New York in line with several neighboring states. The highly anticipated proposal came in a speech in Manhattan on Monday, in which the governor outlined his … Read more
From Bill Bonner, Editor, Bill Bonner’s Diary: BALTIMORE, MARYLAND – The last leaves are falling from the trees. And the last days of December are counting down, like the quiet moments before an execution. Friday, the Dow fell nearly another 500 points. From Bloomberg: Investors rushed out of U.S. equity funds in the second-biggest weekly exit … Read more