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From Business Insider: Aurora Cannabis, one of the largest Canadian marijuana producers, is going public on the New York Stock Exchange. When Aurora’s shares start trading on Tuesday morning, the company will join a select list of cannabis producers that are listing on US-based exchanges. While US-based exchanges were initially reluctant to list Canadian marijuana producers, … Read more
by Martin Armstrong QUESTION: You said that Imperial Rome did not have a national debt nor central banks. Did Rome ever have debts that were not private? JY ANSWER: Yes. In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period resulted in a dictatorship … Read more
by Martin Armstrong QUESTION: Mr. Armstrong; the Democrats are raising far more money from the various big Super-Pacs to take back the Congress. The talk is the New York bankers are telling staff not to donate to Republicans. Do you know if this is true? SH ANSWER: The 2016 Presidential Election was a monumental game changer. Trump did … Read more
by Jim Rickards via Daily Reckoning Here’s the lay of the land. The Senate is currently divided between 51 Republicans and 49 Democrats (including two Independents who caucus with the Democrats). A change of two seats in favor of the Democrats will give Democrats control of the Senate under the leadership of Chuck Schumer of New York. Of … Read more
Some strange anomalies are now manifesting over Europe as the Equatorial Vortex and Polar vortex collide with 20C below normal and 20C above normal fronts collide. Climate chaos is an understatement to what has been seen in the last few days and what is expected over the next ten days across the continent. Record rains … Read more
BY SRSROCCO While the U.S. Shale Industry produces a record amount of oil, it continues to be plagued by massive oil decline rates and debt. Moreover, even as the companies brag about lowering the break-even cost to produce shale oil, the industry still spends more than it makes. When we add up all the negative factors weighing … Read more
by Shaun Richards Sometimes it is hard not to have a wry smile at market developments and how they play out. For example the way that equity markets have returned to falling again has been blamed on the Italian bond market which has rallied since Friday. But this morning has brought a reminder that even … Read more
by Lance Roberts In this past weekend’s missive “Market’s Cling To Support,” I noted the early February correction process where we saw a similar short-term bottoming process where the initial bounce failed then bounced in mid-March before failing again to retest the February lows. On Monday, the market broke through the 200-dma which puts portfolio management on high … Read more
Authored by Kevin Muir via The Macro Tourist blog, The other day I wrote a piece “When will chasing the hot stock no longer work?” which outlined how “price momentum” was the main driving factor during the recent stock market rally. I went through how value stocks have been sucking wind ever since the Great Financial Crisis. … Read more
Its California. They’d give her a raise h/t Lack-of-Focus
Police find person shot dead on University of Utah campus after reported kidnapping University of Utah police investigated a report of shots fired and a possible kidnapping on the University of Utah campus on Monday, and soon located the victim. They found the shot person in a car near the scene. The person was found … Read more
by Gashweir As most of us here are aware, the Patriot Act was passed in 2001 with terrorism as its casus belli, with privacy advocates warning that once passed, it would be used for all types of investigations, not just terrorism. Turns out they were right. As the following article makes clear, in over 11,000 … Read more
Dewayne Johnson originally won $289m after finding Roundup weedkiller caused illness, but judge reduces financial award A California judge has rejected Monsanto’s appeal to overturn a landmark jury verdict which found that its popular herbicide causes cancer. The judge’s ruling on Monday largely sided with Dewayne “Lee” Johnson, a father of three and former school groundskeeper, who won … Read more
https://youtu.be/WnWcAvTuwbQ So sick of the liberal media trying to program the masses. I can’t even watch tv anymore because they are so blatantly obvious in their methods. h/t SovereignMe
https://www.youtube.com/watch?v=GqwZKT3lsZo Failed migration policies have helped turn Paris into a failing city. People simply no longer feel safe in their own homes. Where do they go? Nationalist Hero Hungary. Perhaps communities deserve to have borders?
From The Verge: Tesla’s cars may be high-tech, but that doesn’t mean they’re foolproof when it comes to security. This fact is on display in a new video that shows, without the proper protections in place, that it’s not that hard to steal one of the company’s cars. The video shows two thieves skulking around a … Read more
https://www.youtube.com/watch?v=oYQy-zwQ7Hk Cristina Laila for the Gateway Pundit reports, A man named Frank posted a video to his Twitter account Saturday night claiming he and his family were denied service at Ruby Tuesday in Roanoke Rapids, North Carolina because he was wearing a “Trump – Make America Great Again” t-shirt. Thank you, Maxine Waters. Read More/Source/Credit/FairUse: … Read more
via tomluongo: “Here’s where we hold ’em by the nose, and kick ’em in the ass” — Patton If you ever want to know who’s losing an argument simply look at who’s doing the most threatening. Not who’s shouting the loudest or who’s the angriest, but who is threatening. Those who threaten are doing so because … Read more
via mishtalk: Just in the nick of time not: Fair Isaac is launching a new type of credit score that will give millions more credit. Just as the economy is peaking, consumers with a low FICO could get a higher “UltraFICO“, a new score that factors in bank-account activity as well as loan payments. Credit scores … Read more
via cato.org: The U.S. Treasury reports that the federal budget deficit was $779 billion in fiscal 2018. The deficit is caused by spending in excess of tax revenues and is financed by borrowing from foreign and domestic creditors. Federal spending in 2018 was $4,108 billion and tax revenues were $3,329 billion, so Congress financed 19 percent of its … Read more