via dailyreckoning: The buck stops here, said Truman. But Trump says it stops with the next fellow in line. Let it be the next president’s toothache. Last year administration bean counters unfurled a worrisome chart before the president… It revealed an approaching “hockey stick”-pattern spike in the national debt — but only after a possible second … Read more
via themacrotourist: Think back to this past summer. The US dollar was rallying hard, having risen from 88 DXY in the spring to 97 as August drew to a close. At the same time, the American stock market was on fire, tacking on 400 S&P points in less than half a year. This was happening while … Read more
More financial technology startups are wading into a crowded, stodgy business: checking accounts. Last spring, personal finance app Acorns and lending startup SoFi announced new debit cards. “Neobank” Chime has been offering free online checking accounts since 2014, and it has 2.3 million users today. Now Robinhood is crashing the party, offering 3% interest on … Read more
The company values itself at $24 billion. Dell is projecting $87.5 billion revenue this fiscal year (up 9% from previous year). The company has $50 billion in debt. Dell was recently taken private in a $24.4 billion buyout in 2013. https://www.crn.com/slide-shows/data-center/dell-is-going-public-again-5-things-you-need-to-know/6 https://techcrunch.com/2018/12/11/dell-votes-to-buy-back-vmware-tracking-stock-and-will-likely-go-public/
via Bloomberg: City bets investment profits from bonds will fund health care Tactic has been used widely for pensions, with mixed results It’s a “considerable risk,” a “bad idea,” or, as one expert put it, “insanity.” And it may be the next big pitch Wall Street bond underwriters make to states and cities desperate to … Read more
Chance of U.S. downturn 30% in next 12 months, a 9 year high Bond giant overseeing $1.7 trillion issues economic outlook U.S. growth will slow and the risks of a recession climb in 2019 as the near-decade-long economic cycle ages, according to Pacific Investment Management Co. “The probability of a U.S. recession over the next … Read more
These guys are dropping BOMBS on the Clinton Foundation! EXPLOSIVE: The Whistleblowers on Clinton Foundation ( highly credible non-partisan investigators, who conducted the investigation with their own funds reveal the #ClintonFoundation operated as an agent of foreign governments and should have registered under FARA … more to come — Sara A. Carter (@SaraCarterDC) December 13, … Read more
Cristina Laila for the Gateway Pundit reports, Obama’s corrupt former Attorney General Loretta Lynch will appear in a closed-door interview on Capitol Hill as part of joint investigation with the House Oversight and Government Reform Committee into the handling of the Clinton email investigation. https://www.youtube.com/watch?v=H7Ld2o9LGmw Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
via confoundedinterest: The SMART Money Flow Index has just declined to its lowest level since 1995 as The Fed’s QE3 vanishes into the sunset. The Smart Money Flow Index is calculated according to a special formula by taking the action of the Dow in two time periods: the first 30 minutes and the last hour. The … Read more
by Jesse “The NSDAP was nationalistic, respectful of the armed forces, socially conservative, disdainful of laziness, hostile to eccentric or incomprehensive ideas that came from cities, disapproving of homosexuals and other unconventional human types, and avid to achieve ‘greatness’ for Germany.” Walter Rinderle and Bernard Norling “Hitler’s oratory moved people and appealed to their hopes … Read more
Ben Garrison – ‘Clinton Corruption’
https://www.youtube.com/watch?v=LpvxEbk9dkQ Forbes, Is the next recession on its way? https://www.forbes.com/sites/nextavenue/2018/08/03/is-the-next-recession-on-its-way/#ff6951148376 Pound Sinks after no confidence report Sterling fell against the dollar to a new 20-month low on Tuesday. https://www.bbc.com/news/business-46531893 Opinion: Here’s more evidence that stocks are now facing a bear market The stock market’s late-September peak looks disturbingly like the beginning of a bear market. … Read more
What a shame. Our tax dollars fund the DOJ and yet it’s JW, working with private funding, to investigate what the DOJ should be investigating. Edit: That’s not to say that I’m sorry to see it happen though. JW is out in front on all of these things and the only organization I’ll donate to. … Read more
by Chris Kimble Large and Regional banks have struggled this year, as both indices have declined nearly 15% in 2018. These declines have taken place as interest rates have been moving higher, which historically is positive for banks. The declines of late in Regional Bank ETF (KRE) has it testing 7-year rising support as well as the … Read more
The housing market in San Francisco is so expensive that it’s commonly referred to as being in a crisis. Restaurant workers are fleeing the city’s unmanageable costs, The Guardian reported, and it’s changing the way the industry is serving customers. Some restaurants are having customers order at a counter instead of being waited on at a table and are simplifying their menus to decrease … Read more
COMEY’S ADMISSION: Former FBI Boss Says He BROKE PROTOCOL During Michael Flynn Interview Comey went on to call the move “something I probably wouldn’t have done or maybe gotten away with in a more … organized administration.” https://www.hannity.com/media-room/comeys-admission-former-fbi-boss-says-he-broke-protocol-during-michael-flynn-interview/ Watch the latest video at foxnews.com https://www.foxnews.com/politics/comey-admits-decision-to-send-fbi-agents-to-interview-mike-flynn-was-not-standard h/t KOS
by axolotl_peyotl These latest revelations from a government watchdog organization should be concerning for all those who value their freedom and privacy in a digital world where big tech and big government view the concept of “privacy” as an anathema. This is not a partisan issue either, as like practically everything else in this corrupt day and age, … Read more
by axolotl_peyotl During the Iraq War, the USA may not have been looking for *modern* weapons of mass destruction, but *ancient* ones, or information about them. Is a similar network at work in Syria to explore and “recover” artifacts? An article notes that Syria recently “condemned illegal excavations” by the US, France and Turkey in their country. … Read more
Its time we decentralize everything. Each of the biggest Silicon Valley firms have more actual tangible power and larger budgets than a lot of actual nations. Why not realize that we have no choice but to constrain them as the corporate monopolies and trusts they have unfortunately become? h/t RMFN