AIG is not a good stock pick at this time

by markyu007 The company has lost billions and billions of market capitalization in the past decade. In more recent time, the SIFI label removal last year did not actually help its business growth. The insurer’s exposure to several natural calamity affected its profits—failing to meet analyst expectations in the past four quarters (a year). Some … Read more

Don’t fall for tax preparers’ advertising an advance on your refund based on your last paycheck of the year.

by revcanon I just saw a commercial for a nationally known tax preparer that said, “Next year, your tax refund won’t arrive until after February.” As if this was some new timeline we’ve never experienced. This is absolutely normal. Your employer has until January 31st to mail your tax docs. They are only trying to … Read more

Analysis shows the average retirement savings by state

via americanadvisorsgroup: While the definition of the word retirement means actually leaving your job, we at American Advisors Group know that word means so much more. We have firsthand experience with retirement of all types, and understand the various ways people plan and prepare for life after leaving the workforce. The close relationship AAG has with … Read more

Social mood is what drives stock market valuations, so a large bear market will be accompanied by a lot more than just financial and economic distress.

by SpontaneousDisorder Remember the tea party and occupy movements after the financial crisis? Is A New Revolution In France Just Beginning? The French are partial to a revolution. The French Revolution, beginning in 1789, accelerated the rise of republics and democracies around the world. The motto most closely associated with the French Revolution is “Liberté, … Read more

FY 2019 Federal Budget Deficit Soars, 50% Higher Than Same First 2 Months of FY 2018

via thehill: The country’s budget deficit in the first two months of fiscal 2019, which began Oct. 1, was 50 percent higher than in the same period the previous year, according to the Congressional Budget Office (CBO), though the figure was inflated by timing. In October and November, the federal government spent $303 billion more than … Read more

Japan’s Miserable Q3 GDP: -2.5%, Worst in 4 Years

via businesstimes: THE Japanese economy contracted the most in over four years in the third quarter as companies slashed spending, threatening to chill the investment outlook in 2019 as the export-reliant nation grapples with slowing global growth and trade frictions. The slump in the world’s third-biggest economy adds to signs elsewhere in Asia and Europe of … Read more

Has Drudge Report Joined Fake News?

by TrailDust Can anyone explain why Drudge has been publishing news to discourage the nation? To me it looks the same as the Demonrat practice of suppressing conservative turnout at elections by publishing falsified poles. Dr. Eowyn has recently been plugging the alternative news aggregator, Wharfinger.com, as a better resource than Drudge. And considering headlines like … Read more

China owns Long Beach Port in California

Yep. China owns Long Beach port (purchased this year during the tariff news fiasco) And guess what? That is the EXACT port where federal grant money is going for the high speed rail project that just so happens to follow the charred remains up through California. https://amac.us/with-acquisition-of-california-port-china-broadens-influence-on-us-commerce/ http://www.polb.com COSCO (Hong Kong) Group Limited is one … Read more

The Many and Multiple Possible Catalysts for Gold Going Forward

via macromon: Gold is looking interesting. Fundamentally, it shouldn’t as the Fed is tightening the screws on liquidity, the ECB is ready to stop the printing press, and international reserves continue to decline. Check out the chart.  Higher lows since August,  a breakout of a crude cup-and-handle formation, and what looks like the coming test of … Read more

Why Has Global Life Expectancy Exploded?

By Harry Dent This is incredible! Life expectancy at birth was around age 23 at the time of Christ. It stayed between 23 and 26 until 1700. Then it gradually increased to age 31 by 1900! Since then, it has literally exploded! Check out this amazing chart! That’s no error! Life expectancy has more than … Read more

It’s come to this: Bill & Hillary Clinton resorting to Groupon to sell tour tickets

by DCG HAHAHAHAHAHAHAHAHA! From Fox News: Bill and Hillary Clinton are selling discounted tickets to events on their speaking tour after reports of sparse crowds at their premiere performance. Discounted tickets for at least nine “An Evening with The Clintons” events have appeared on the Groupon website, which offers discounted deals on activities, goods and services. On … Read more

Time Magazine just announced Jamal Khashoggi and other Killed or Imprisoned Journalists as 2018 “Persons of the Year”

With a record number of reporters behind bars around the planet — the Committee to Protect Journalists documented 262 cases in 2017 — an avalanche of misinformation on social media and government officials from the United States to the Philippines dismissing critical, real reporting as “fake news,” Time is spotlighting a handful of journalists who … Read more