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by Dave Kranzler of Investment Research Dynamics A colleague/friend asked today how I thought the “FANG saga” would end. I replied that I don’t know about GOOG and FB, but AMZN is maybe worth $50/share as it burns cash every quarter despite manufacturing GAAP “net income” so it’s hard to tell for sure – it could be worth … Read more
By Francis Marion, TBP The Canadian government is looking for feedback from the public on their idea of a national ban on handguns and “assault-style” weapons (whatever the hell those are). The problem is the questionnaire they’ve provided can be filled out by anyone anywhere in the world as many times as they would like. … Read more
by TFittonJW I am the large person standing with Ramona Cotca, the excellent Judicial Watch attorney who represented us before Judge Lamberth last week. Here is the press release: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-federal-judge-shocked-clinton-aide-granted-immunity-by-justice-department/ A link to the court hearing transcript: https://www.judicialwatch.org/document-archive/jw-v-state-benghazi-talking-points-transcript-01242-2/ My Judicial Watch discussion of the hearing:
by Jesse “Hell is empty, and all the devils are here.” W. Shakespeare, The Tempest “The easiest way to steal a man’s wallet is to tell him you’re going to steal his watch.” Leigh Bardugoh “They support freedom for themselves and slavery for everyone else, and they use the freedom of the market to disguise this. … Read more
by Simon Black Shares of Netflix soared today on news the company lost a record $859 million in cash in the third quarter. Why are investors applauding this egregious destruction of capital? Well, it’s because investors only look at one number when Netflix reports earnings – subscriber growth. And on that metric, the company outperformed, adding … Read more
by Kevin Muir of Macro Tourist If someone had asked me to name the driving factors influencing US stock market performance return over the past year, I might have guessed the cut in the tax rate, but I would then be at loss to further explain what has been moving stocks. Lucky for me, Bloomberg has this great … Read more
“Facebook knew of problems with how it measured viewership of video ads for more than a year before it revealed them in 2016, according to a complaint filed by advertisers.” via WSJ: Damping marketers’ concerns is important for Facebook as it seeks a bigger piece of U.S. spending on online video ads, which is projected … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter During the stock market selloff last week, I appeared on “Off the Cuff” with Chris Martenson of PeakProsperity.com. While I’m a fairly regular guest on Off the Cuff — thank you, Chris! — these podcasts are normally reserved for premium subscribers of PeakProsperity.com. But this time, Chris released it to the public. Below is a … Read more
For More Information See: https://www.wsj.com/video/life-inside… https://nypost.com/2014/08/09/chinas-… https://rsf.org/en/china https://www.businessinsider.com/chine… https://erlc.com/resource-library/art… http://www1.cbn.com/cbnnews/2018/may/… https://www.washingtontimes.com/news/… https://www.pulse.ng/communities/reli… https://world.wng.org/2018/04/china_t… https://www.premier.org.uk/News/World… https://www.technocracy.news/china-he… https://www.scmp.com/news/world/europ… https://www.thenewamerican.com/world-… https://www.theepochtimes.com/falun-g… https://www.theepochtimes.com/more-th… https://www.reuters.com/article/us-ap… https://www.cnn.com/2018/02/02/asia/c… https://rsf.org/en/news/china-still-w… https://www.ucanews.com/news/journali… https://www.washingtonpost.com/news/w… https://panampost.com/antonella-marty… http://www.visiontimes.com/2017/07/08… http://factsanddetails.com/china/cat8… https://www.pri.org/stories/2017-02-1… https://www.scmp.com/business/compani… https://www.thestar.com/entertainment… https://www.bbc.com/news/world-asia-c… http://fortune.com/2016/03/18/the-big… https://therealdeal.com/2018/03/25/us… https://www.bloomberg.com/news/articl… https://www.reuters.com/investigates/special-report/college-charity/ https://www.timeshighereducation.com/… https://www.usnews.com/news/articles/… http://www.sentinelandenterprise.com/…
From Birch Gold Group In many ways, the current U.S. budget deficit represents uncharted territory. Investopedia defines a budget deficit when “expenses exceed revenue and it is an indicator of financial health.” Referring to the U.S. they added “Accrued government deficits form the national debt.” According to an official statement released by Steve Mnuchin and Mick Mulvaney at the Treasury, … Read more
by Dr. Eowyn Two days before his inauguration, during an interview with the Washington “fake news” Post on Jan. 18, 2017, Donald John Trump already had the slogan for his re-election campaign in 2020. He asked the Post, “Are you ready?,” then announced his 2020 campaign slogan: “Keep America Great!” Trump called his lawyer into his office to trademark the … Read more
by Chris Here’s one from 2008: Statement by the President’s Working Group on Financial Markets 10/6/2008 HP-1177 Washington, DC– The President’s Working Group on Financial Markets issued the following statement today: Conditions in U.S. and global financial markets remain extremely strained. The President’s Working Group on Financial Markets (PWG) is working with market participants and regulators globally … Read more
A couple weeks ago a spokesperson for the CA “high speed” rail poohed poohed critics of the project and promised that this rail project would provide noticeable dividends in reducing traffic congestion. These bureaucrats live in a bubble, and CA has evolved into a highly segregated state with extreme income disparity. PR
WASHINGTON — President Trump plans to withdraw from a 144-year-old postal treaty that has allowed Chinese companies to ship small packages to the United States at a steeply discounted rate, undercutting American competitors and flooding the market with cheap consumer goods. The withdrawal, announced by the White House on Wednesday, is part of a concerted … Read more
via usni.org: The link takes you to a US Naval Institute commentary on a Centers for Strategic and International Studies panel addressing Chinese navy actions in the contested sea area. There is an embedded video of the panel. The video doesn’t begin until 18:09. (Skip to it, otherwise you’ll see the intro for 18 minutes.) There … Read more
Despite progress in reducing extreme poverty, nearly half the world’s population lives on less than $5.50 a day, with a rising share of the poor in wealthier economies, the World Bank said Wednesday. In a twice-yearly report, the bank took a broader look at poverty to see where countries were lagging, even though the share … Read more
https://twitter.com/OccupyWisdom/status/1052517674557816833 … high debt levels of American corporations @SoberLook h/t @ennovance @DiMartinoBooth @lcdnews pic.twitter.com/67XojJWZwt — Mo Hossain (@MoHossain) October 17, 2018
via ericwcharmon: https://i.redd.it/9tt313o4qir11.jpg ((SMALL AUTHOR’S NOTE–Although the title says NEW INVESTOR FRIENDLY, I think it’s worth mentioning that I actually do not recommend options trading for individuals who are brand new to investing. Cut your teeth and learn as much as you can with traditional trading first, and after you feel comfortable with terminology, examining charts, collecting research, … Read more
by ya_yea_yeah A couple years ago when interest rates bottomed out I made the choice of refinancing my 30 year into a 15 year at a 2.75% rate. I was borrowing at a rate of 4.375% prior to this. But I had the option of 3.5% if I wanted to refinance back into a 30 … Read more
https://www.youtube.com/watch?v=zim5RbTR7UI NPC means “nonplayable character” or “nonplayer character.” It’s a term, borrowed from the world of video games, for a character that is controlled by the computer rather than by a player. Twitter has declared the use of this meme ““intentionally misleading election-related content,” – and its use is said to break twitters terms of … Read more