via northmantrader: Oh dear. Ten trading days left in the year and things are looking grim. Last week’s 100 handle rip off of the Monday lows was sold again amid relentless fund outflows producing the lowest weekly close on $ES in 2018. Many sectors made new yearly lows including banks, transports and small caps. The 2009 bull … Read more
via Sunny Oh Investors fled U.S. equity funds at the fastest pace on record in the week ended Wednesday, according to data from Lipper. More than $46 billion was redeemed from U.S. stock mutual funds and ETFs between Dec. 5 and 12, the largest weekly outflow since Lipper began tracking weekly flows in 1992. The … Read more
via Colby Smith In the decade since the financial crisis, central bankers around the world have taken on the mantle of reinvigorating the global economy. By keeping interest rates low and buying up trillions of dollars’ worth of government bonds and other assets, these institutions helped to prop up growth at a time when the world … Read more
by QuantalyticsResearch US Markets End of Day Snapshot US stocks sold off, moving lower from open until the session closed; the risk-off sentiment that drove the sell-off is rooted in concerns over the health of the global economy The S&P500 closed today at a level last seen in April, it is down almost 3% year … Read more
Russian officials have threatened to block Google’s access in Russia unless it complies with a law that asks it to ban certain websites. The Vladimir Putin-led country is putting intense pressure on internet companies to block content it deems harmful after passing a law in September that required search engines to comply with the state … Read more
Google owned YouTube published the YouTube Community Guidelines Enforcement report for the third quarter of 2018 yesterday. The report highlights that YouTube removed 7.8 million videos, 224 million comments, and 1.6 million channels in the quarter alone based on policy violations. The majority of videos and comments that were removed by YouTube were removed automatically. … Read more
via stripes: RAQQA, Syria — This ruined, fearful city was once the Islamic State’s capital, the showcase of its caliphate and a magnet for foreign fighters from around the globe. Now it lies at the heart of the United States’ newest commitment to a Middle East war. The commitment is small, a few thousand troops who … Read more
Original Post Jeffrey Gundlach’s DoubleLine Total Return Bond Fund webcast for the month of December 2018, discussing the how the global growth is slowing. TAB I – GLOBAL ECONOMY “Scared sick looking at it” – Ernest Hemingway MSCI ACWI and Central Banks Source: Bloomberg, DoubleLine BoJ = Bank of Japan, ECB = European Central Bank, MSCI ACWI … Read more
via CBS Sacramento: STOCKTON (CBS13) — A special letter mail carriers are delivering to hundreds of homes in Stockton will hopefully bring a little financial relief in the New Year. The money is part of the city’s basic income pilot program. Stockton is the first city in the country to launch it. The letter 1,200 people … Read more
by Jim Quinn You will find more infographics at Statista Out of the major tech companies, people trust Facebook the least with their personal information. Amazon and Twitter come in a distant second and third, with 8 percent of people saying they trust these companies the least with their personal information. Five times more people place Facebook as the least trustworthy company … Read more
The Chinese government has expanded its controversial social credit system to include infractions made by research scientists. Researchers in China who commit scientific misconduct could soon be prevented from getting a bank loan, running a company or applying for a public-service job. https://www.nature.com/articles/d41586-018-07740-z Maybe a reaction to Chinese scientist He Jiankui’s gene-editing experiment. He admitted … Read more
Raleigh, N.C. — Gov. Roy Cooper on Friday vetoed legislation setting up the rules for the state’s new requirement that voters present photo identification at the polls, calling it “a solution in search of a problem.” The General Assembly is expected to gather next week to override Cooper’s decision. Republicans hold a super-majority in both … Read more
You know Hillary would have signed us right up for that migration pact. She would have kept us in TPP and the Paris Accords. We dodged a HUGE bullet! Instead we got Trump at the UN calling everyone out for their bullshit. That’s why the MSM had to say everyone was laughing at him. They … Read more
by John Ward Our two main political Parties are monsters sewn together using the body parts of cadavers. Dr Frankenstein himself is absent, and thus there is no sign of life. They are unfit for purpose and kept in power by a mixture of ancient voting rules and electoral apathy. We desperately need a Gilets Jaunes … Read more
Never in the history of our Country has the “press” been more dishonest than it is today. Stories that should be good, are bad. Stories that should be bad, are horrible. Many stories, like with the REAL story on Russia, Clinton & the DNC, seldom get reported. Too bad! — Donald J. Trump (@realDonaldTrump) December … Read more
Lefty Millennial Media Companies Are Collapsing, Investors Pull Out. Vice and Vox have both missed revenue projections, Disney has written down their investment in Vice by 157 Million dollars, and Buzzfeed resorted to selling cookware at Walmart. Social justice, the far left, and intersectional feminism were easy ways for companies to generate anger to get … Read more
by Charles Hugh-Smith Fakery is always precarious: the truth about the asymmetries of power might slip out and spread like wildfire. I’ve been writing about neofeudalism and its cousin neocolonialism for seven years: 500 Million Debt-Serfs: The European Union Is a Neo-Feudal Kleptocracy (July 22, 2011) The E.U., Neofeudalism and the Neocolonial-Financialization Model (May 24, 2012) The … Read more
https://www.youtube.com/watch?v=aSSabO9QuG8 Lisa Lee for Bloombergquint reports, Brain scans of adolescents who are heavy users of smartphones, tablets and video games look different from those of less active screen users, preliminary results from an ongoing study funded by the National Institutes of Health show, according to a report on Sunday by “60 Minutes.” Read More/Source/Credit/FairUse: https://www.bloombergquint.com/techno… … Read more
The EU will not renegotiate the deal, May is in trouble, the people do want this deal. The deal was created to benefit the EU. Russia & Syria make energy deals that will bypass the Fed dollar. China’s economy is slowing, retail is slowing, car sales are slowing. Trump tweets that China is a ready … Read more
via Ryan Vlastelica U.S. stocks fell 2 percent on Friday, extending a recent decline that has threatened to push key sectors and segments of the equity market into bear-market territory as concerns mounted over the health of the global economy. The day’s losses were widespread, with all 11 of the primary S&P 500 sectors in negative territory. According … Read more