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by Charles Hugh Smith Crashes differ, so be cautious about your assumptions Even people who don’t follow the stock market closely are aware that the global economy is weakening and appears to be heading into recession. For those who track the stock market, the signs are ominous: the U.S. was the last major market to … Read more
GLOBAL slowdown/recession signals: * Equity markets down sharply YoY * US Treasury yield curve inverting * OECD and China PMIs weakening * Global export orders falling * Air freight down (Hong Kong hub) * Spot oil prices down YoY * Oil calendar spreads in contango GLOBAL slowdown/recession signals: * Equity markets down sharply YoY* US … Read more
Alexandria Ocasio-Cortez Suggests Super Wealthy be Taxed Up to 70% to Fund ‘Green New Deal’ Rep. Alexandria Ocasio-Cortez sat with Anderson Cooper for an upcoming 60 Minutes interview set to air this Sunday, a portion of which has been released as a promotion. In the released segment, Ocasio-Cortez reveals how exactly she suggests paying for the environmental agenda known as the “Green … Read more
by Michael Snyder 34-year-old Casey King is so obese that he can’t work, he has to bathe outside in a trough like a pig, and he has to rely on his father to constantly take care of him. He now weighs more than 700 pounds, but he just keeps on eating massive amounts of unhealthy … Read more
Trump: I did say I’m prepared for shutdown to go on for years from CNBC. Democrats emerge from a meeting at the White House showing little optimism about ending a government shutdown. From CNBC: Democrats emerged from what they called a “contentious” two-hour meeting at the White House on Friday showing little optimism about ending a … Read more
via howtogeek: The next version of Windows 10 will support passwordless Microsoft accounts. Microsoft will just text a code to your phone number when you sign in. It’s all part of Microsoft’s stated goal: “a world without passwords.” This feature is available now in Insider build 18309. It will be stable and available to everyone in the next … Read more
WATCH: President Trump says he is considering declaring a national emergency as a potential attempt to circumvent Congress for border wall funding. pic.twitter.com/7CYDuBS2pn — NBC News (@NBCNews) January 4, 2019 https://m.facebook.com/story.php?story_fbid=2190940787826400&id=131459315949 https://www.pscp.tv/w/1yNGaOArnnlxj?t=8m h/t Phen
For More Information See: https://www.ajc.com/news/national-gov… https://www.foxnews.com/politics/dem-… https://www.infowars.com/first-muslim… https://www.nbcnews.com/politics/nati… https://www.dailywire.com/news/39931/…
From Birch Gold Group Somewhat optimistic market commentators were “beaming” when the Dow gained 18 points on Wednesday after an initial plunge of 399 points, according to CNN. A nice recovery, but if it had happened prior to October, very few people would have been concerned. We have to take a look back 3 months, from October 3rd, … Read more
By Irina Slav S&P Global Ratings cut its price outlook for Brent crude oil from US$65 to US$55 and for West Texas Intermediate from US$60 to US$50 for this year, citing a worsening demand situation for the commodities. “The on-going trade war between the US and China as well as news of China’s economic slowdown, has led … Read more
via moneymetals: Keith Weiner: Uncle Sam’s Debt-Money System Is Immoral, Tantamount to Theft https://s3.amazonaws.com/ILB_MS_BUCKET/ILB-190104-WeeklyMarketWrap.mp3 Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear a truly fascinating interview with Keith Weiner of Monetary Metals and the Gold Standard Institute. Keith tells the story about … Read more
via mediaite: Rep. Alexandria Ocasio-Cortez sat with Anderson Cooper for an upcoming 60 Minutes interview set to air this Sunday, a portion of which has been released as a promotion. In the released segment, Ocasio-Cortez reveals how exactly she suggests paying for the environmental agenda known as the “Green New Deal” — with remarkably higher tax rates for the super wealthy. Ocasio-Cortez suggests … Read more
The CEO of Nova Scotia based DiaDan Holdings Ltd. recently took her passion for photography and applied it to the greater good by donating several pieces of her photographic artwork to local charity. Eileen Richardson’s interest in the arts first surfaced in the 1960s while studying photography in college. The school supported her efforts … Read more
When Sam Mizrahi purchased land at the southwest corner of Yonge and Bloor Streets in Toronto to develop a groundbreaking mixed-use tower called “The One,” he knew how much manpower and equipment it would take to complete the project, but what he did not anticipate was attaining one of the world’s most powerful cranes. … Read more
From Lisa Lee and Bloomberg: One of the safest ways to invest in junk-rated companies is starting to look pretty risky. Money managers have grown increasingly concerned about loans to high-yield corporations over the last month as early signs of slowing global growth have emerged. Investors are starting to realize that a key safeguard that protects them, namely the collateral they … Read more
via Meadow Clark: Dozens of blood pressure medicines have been recalled. The medications, containing an ingredient used to make rocket fuel, are the latest in the recent mass blood pressure drug exodus. The recent recall that follows months of blood pressure drug recalls may be an ominous sign for modern medicine as the blood pressure and … Read more
by panchilly Smart phones are about 10 years behind desktop computers in terms of performance. Remember the first iphone in 2007? It was ~300mhz which was the speed of a pentium2 top-of-the-line desktop computer in 1997. If you look at the numbers you will find that this pattern roughly holds across many variables … Read more
by roman-s Intro: Today I’ve learned that KeyPoint Credit Union (I have a car loan there) is a not-for-profit financial institute as any other Credit Unions. This was an eye-opener for me. I’ve read a little bit about Credit Unions, what they are and how they are the difference from regular banks. Whatever … Read more
by WARREN MOSLER Agent Orange, the self proclaimed tariff man, taking the EU: US decelerating: I would have expected Chile to be affected most by global warming… It’s becoming more clear to me that lending shifted from banks to other investment entities via the leveraged loan process, and the growth in that credit channel is … Read more
by WARREN MOSLER Corporate Profit Crunch Looms as Stocks Slide (WSJ) In December, analysts cut their earnings forecasts for 2019 on more than half the companies in the S&P 500, according to FactSet, the first time that had happened in two years. They expect earnings for S&P 500 companies to grow 7.8% in 2019, down … Read more