Things that make you go “Hmmmmm?”

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by Deplorable Patriot “It always comes out in the wash”  A phrase that I have used many times.  A phrase that many others have used many times. For those that are not familiar with this phrase it basic meaning is ” truth will always prevail.”  I would never use this phrase when it came to anything government related.  … Read more

Peter Schiff – Coming Financial Crisis Much Bigger than 2008, People Will Be Dumping Dollars & Buying Gold

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It’s been 10 years since the 2008 financial meltdown. Money manager Peter Schiff warned the world about the last crisis and has a new warning about another coming financial crisis. Schiff says, “The problem is now we are on the precipice of a much bigger crisis than before. The next time, if they try to … Read more

Madness to the Left of us, Madness to the Right of us…..

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by John Ward Welcome to Usukeunato, the only place on Earth where you have to be mad to work there. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Imagine if you will a society that has turned into an asylum. This isn’t hard if you think about how easy it’s been over the last twenty years for violent terrorists to claim political asylum … Read more

The myth of the gig economy

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From MarketWatch: The gig economy may not be nearly as large as the all hype it receives would suggest — that’s according to a report the Bureau of Labor Statistics published on Friday which estimated that 1.6 million people, or about 1% of the U.S. workforce, use apps and sites to find work. Of the 1.6 million people … Read more

Italy’s new ‘Citizen Wage’ to be electronic shopping card

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From Reuters: Italy’s so-called citizens’ wage, to be introduced next year as part of the government’s first budget, will take the form of a pre-charged electronic shopping card, deputy Prime Minister Luigi Di Maio said on Monday. The citizen’s wage is the flagship policy of Di Maio’s anti-establishment 5-Star Movement which has governed since June with … Read more

Is the party over for Global Dow?

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Is the party over for Global Dow? pic.twitter.com/dnwpoK3usm — Alastair (@StockBoardAsset) October 2, 2018 you probably do not want to look at this small caps chart pic.twitter.com/NtW0CwWNow — Alastair (@StockBoardAsset) October 2, 2018 https://twitter.com/hks55/status/1047237312776720384 https://twitter.com/OccupyWisdom/status/1047317500294299648

Echoes of 1929 All Over Again! Will the Next Financial Crisis Be EVEN WORSE? Debt Implosion!

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Do you think we are experiencing similarities with the “Roaring 20’s”? Let me know what you think. When a market behaves according to fundamentals, it’s easy to track. When there is euphoria and manipulation, it becomes quite difficult. Today we have a narrowing band of investments, many passive investors, and a recipe for certain disaster. … Read more

Global stocks rallying after Italian coalition government makes concessions to EU and US Fed Chairman Powell calls outlook for domestic US economy “remarkably positive”

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by QuantalyticsResearch US Stocks Global stocks are rallying this morning following news that the Italian coalition government is seeking a lower budget deficit after CY2019 & positive comments made by US Fed Chairman Jerome Powell about the outlook for the US Economy US stocks index futures are pointing to a positive open in NY with the … Read more

Useful sources for you to keep track the health of the economy and stock market

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These guys have some dank charts: https://fred.stlouisfed.org Here are a few neat ones: https://fred.stlouisfed.org/series/HTRUCKSSAAR https://fred.stlouisfed.org/series/PERMIT https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/T10Y2Y https://fred.stlouisfed.org/series/RECPROUSM156N https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/TOTALSA also this https://www.advisorperspectives.com/dshort/updates/2018/09/28/recessionalert-weekly-leading-index-update   h/t WilliamNyeTho

PepsiCo just became the latest beverage company to say it’s looking at the fast-growing cannabis market

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PespiCo CFO Hugh Johnston told CNBC on Tuesday the company will look “critically” at investing in cannabis. Cannabis federally illegal in the U.S., but it is legal in Canada, where some companies have been investing. Coca-Cola last month said it is “closely watching” CBD, the part of cannabis that does not give users high PepsiCo is … Read more

MASSIVE Discrepancy Between Google and Yahoo on Enbridge P/E Ratio

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This is unbelievable: For the exact same stock… Yahoo says 28.49 P/E https://ca.finance.yahoo.com/quote/ENB.TO/key-statistics?p=ENB.TO While Google says 168! https://www.google.com/search?tbm=fin&ei=01CyW6qwBOjXjwSAjqfICg&q=enbridge&oq=enbridge&gs_l=finance-immersive.3..81l3.1782.2686.0.2781.10.8.0.0.0.0.338.985.0j1j2j1.4.0….0…1.1.64.finance-immersive..6.4.984.0…0.3cP3iTfa8IY#scso=_11CyW6Ub6duPBLGqp7gF1:0     h/t JeremyJacobson

Amazon’s IMDB will announce this week a new free video service to compete for TV ad dollars

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Amazon is expected to announce a free, ad-supported video service on Fire TV which will feature libraries of past TV shows and movies, five people who have had talks with the company told CNBC. The offering, which is similar to The Roku Channel and Hulu, will let advertisers use Amazon’s first-party data and third-party consumer … Read more