PRESS RELATIONS: Mr. Accessible: Trump takes 68 questions from 35 reporters, three times as much as Obama.

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President Trump has become the most accessible president in recent history, and his freewheeling post-election press conference Wednesday was the latest proof. Dispelling on live television that he hides from the press, Trump took 68 questions from 35 reporters. And if the failed follow-up questions are included, the number soars closer to 90. How does … Read more

Visualizing the Relationship Between Corruption and Economic Growth Around the World

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by howmuch How should we think about corruption as it relates to economic growth? Some people argue that corruption helps to “grease the wheels” of an economy, overcoming bureaucratic obstacles to getting things done. Others see corruption as an inherent problem for economic growth because it increases the cost of doing business. We’ll let you … Read more

American Elections Farce as Politicians Ignore the Looming $121.7 Trillion Debt Crisis

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by GoldCore In today’s update we look at yet another ‘Punch and Judy’ American election farce which once again ignored the ‘Elephant in the room’ – the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis. We briefly look at the outcome of the elections, how markets have reacted in … Read more

Jimmy Dore: Democrats’ Lack Of Agenda Painfully Apparent… Pelosi Promises Dems Will Do Absolutely Nothing

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The Democrats do not have an immediate plan. There will be no consequence. Nancy Pelosi makes a speech following the Midterm Election. It’s even worse than we thought. The Democrats’ agenda is painfully clear, keeping waltzing rightwards in lockstep with the Republicans while shouting, “Join the McResistance.” JK

Sara Carter on Hannity: “I’ve heard indictments may be around the corner.” Hannity: “Top DOJ officials [should] be very nervous tonight”

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 00:39:56 Sara Carter: “I’ve also been hearing that indictments may be around the corner so there’s a lot more information that’s going to come out in the near future.” Hannity: “If I was Hillary – if I was some of these top DOJ officials, I think I’d be very nervous tonight about what could … Read more

At Least 13 Dead After Mass Shooting At ‘Borderline Bar & Grill’ In Southern California

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from Zero Hedge At least 13 people, including a sheriff’s deputy and the suspected shooter, have been killed, while multiple others were injured during a shooting at the country western dance hall Borderline Bar & Grill in Thousand Oaks, Calif. The bar was holding a “College Country” night event when the shooter reportedly stormed the entrance, … Read more

The Left Is Organizing “Response Events” In 900 U.S. Cities On Thursday To Protest The Firing Of Jeff Sessions

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by Michael Snyder Well, that escalated quickly.  On Wednesday, President Trump fired Attorney General Jeff Sessions, and by the end of the day major leftist organizations had already put together protests in 900 U.S. cities to make a “public demand for action to correct this injustice”.  It truly is amazing how rapidly these groups were … Read more

Wall Street Seems To Believe That Endless Gridlock And Political Turmoil Will Be Good For America

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by Michael Snyder It is difficult not to admire the relentless optimism on Wall Street.  A divided Congress is going to guarantee two years of gridlock and political turmoil in Washington, but many in the financial community are choosing to interpret the election results as a positive sign.  They remember the “gridlock” during the Obama years, … Read more

Consumers Are Being Lackadaisical Again With Their Plastic

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Consumer debt – or euphemistically, consumer “credit” – jumped 4.9% in the third quarter compared to the third quarter last year, or by $182 billion, to almost, but no cigar, $4 trillion, or more precisely $3.93 trillion (not seasonally adjusted), according to the Federal Reserve this afternoon. As befits the stalwart American consumers, … Read more

Here’s the 14 Trump Scandals Democrats ARE About To Investigate

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David Corn for Mother Jones reports, With the Democrats having won control of the House of Representatives, President Donald Trump and his crew in the White House and assorted federal agencies can expect to be hit by a wave of investigations and subpoena requests from Capitol Hill. https://www.youtube.com/watch?v=WQhHDRUhF-M Read More/Source/Credit/FairUse: https://www.motherjones.com/politics/…  

As of October 31st, the PE multiple compression in 2018 has been the 3rd largest in the past 40 years.

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by AlexPitti When you combine +20% earnings growth with a flat market, the multiple compresses. The problem is earnings fall in slowdowns. If those potential negative catalysts end up coming true, stocks will falter because they trade on future estimates, not trailing earnings. The bad news: The determining factor for how stocks do in the … Read more

The clown show begins!

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JEFF SESSIONS HAS RESIGNED. Democrat Rep. Jerrold Nadler is demanding an investigation, which is funny because just last year he was saying this: The clown show begins! h/t GR