Facebook offered users privacy wall, then let tech giants around it

by

Internal records show that the social network had arrangements with Microsoft, Amazon and others, effectively exempting some partners from its usual privacy rules. The documents underscore how personal data has become the digital age’s prized commodity. For years, Facebook gave some of the world’s largest technology companies more intrusive access to users’ personal data than … Read more

EXPLOSIVE: THE DEVELOPING GLOBAL DISASTER THAT MAKES A WATERTIGHT CASE FOR HARD BREXIT

by

by John Ward We have all (myself included) been overly obsessed with the Brexit “process” over the past year. It’s time intelligent Brits and commercial opinion leaders focused on the disastrous global economic picture….and woke up to the last thing we should be on March 30th 2019: members of the European Union. Sometimes, the radical view … Read more

Planning is underway for a ‘full and rapid’ withdrawal of US troops from Syria

by

https://twitter.com/BreakingNLive/status/1075386280198987776 WASHINGTON—In an abrupt reversal, the U.S. military is preparing to withdraw its forces from northeastern Syria, people familiar with the matter said Wednesday, a move that throws the American strategy in the Middle East into turmoil. https://www.wsj.com/articles/u-s-military-preparing-for-a-full-withdrawal-of-its-forces-from-northeastern-syria-11545225641 President Trump declares in a tweet that the U.S. mission to defeat the militant group in Syria … Read more

What Did Flynn Lie About?

by

by SP What  Did Michael Flynn Lie About? It looks like there were 2 primary events Flynn did not discuss in the way the FBI wanted him to. 1.  Giving a lecture in Moscow paid for by the news and entertainment agency RT.  (here and here) 2. During the Obama to Trump transition period, in the last week … Read more

Financial Times Person of the Year: George SOROS

by

The philanthropist has become a standard bearer for liberal democracy, an idea under siege from populists. “It was a tremendous boost to reinforce my belief that we are doing something right,” says Mr Soros. “We haven’t stopped having a beneficial influence.”.. The Financial Times’s choice of Person of the Year is usually a reflection of their … Read more

WATCH: Tucker Carlson Decimates Far-Left Boycott Of His Show Over ‘Dirtier’ Comment

by

Fox News host Tucker Carlson dissected a left-wing organized boycott of his show on Monday which started after he suggested last week that migrant caravans will make the U.S. “dirtier.” While some advertisers have decided for the time being to not advertise on Carlson’s show as a result of his remarks, several major companies are … Read more

“Bad Business on Steroids”: A Day in the Life of a Wells Fargo Executive

by

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

$5.7T in Non-Financial US Corporate Debt. And It All Gets More Expensive From Here… JPMorgan Downgraded: “Offers the Least Upside”

by

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

Asking the Fed to stop raising rates here is, historically speaking, completely absurd. To do is to admit this bull market has been nothing but a cheap money/debt balloon fantasy construct.

by

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

“In putting the interests of the creditors over the 99%, the economy is committing financial suicide” – Michael Hudson on debt forgiveness

by

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.      

Economic Sentiment is rolling over; Weekly Midcap momentum crashes to 2008 levels; SPYB buyback index continues to lead the markets lower; Yet traders not fearful

by

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

Nomi Prins: The Fed Is Panicking

by

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