China Steals $600 Billion’s Worth of American IP Yearly

First published on the Daily Caller. “Consumers are paying the price” for President Trump’s tariffs, CNN claims. Millions will feel the pinch; many thousands will lose their jobs. What CNN fails to mention is that millions of Americans already feel the pinch, and millions more have already lost their jobs. Why? Chinese consumers won’t pay the price for American exports: China steals … Read more

ANOTHER TRILLION IN DEBT – “Intragovernmental Holdings” Pushes Us Over $21.5 Trillion

The Daily History of the Debt Results Historical returns from 09/24/2018 through 09/28/2018 The data for the total public debt outstanding is published each business day. If there is no debt value for the date(s) you requested, the value for the preceding business day will be displayed. ( Debt Held by the Public vs. Intragovernmental Holdings ) Date Debt … Read more

RUT vs. Dow: stock market today is just like 1999?

by Troy The U.S. stock market has made a breadth divergence recently. We examined the S&P 500’s breadth divergence yesterday. While this isn’t necessarily bearish, there are a cluster of signals in 2007 (near the previous bull market’s top). We are seeing more and more of a breadth divergence. Today, the Dow rallied more than 0.7% … Read more

Avoiding the Most Dreaded Investor Question: “What Was I Thinking?”

by Alexander Trigaux, Editor, GoldSilver It’s easy to show that the stock market is extremely overvalued right now. And we have, many times, many ways. What is also true is that attempting to call the top of a wildly overvalued market is guesswork. Once any market has come completely unglued from its underlying fundamentals, you’re attempting to use … Read more

Significant Activist Hedge Fund Activity (Last 7 Days)

by badpauly These are the latest Schedule 13D forms filed by activist investors in the last 7 days. Activist investors are investors that make an investment with the intention of influencing management in some way. There is evidence that following activist investors into investments can generate excess returns. Schedule 13G forms, in contrast, are filed … Read more

Overweight and obesity among adults aged 20 and over, by sex and grade of obesity: United States, 1999–2000 through 2015–2016

via benjancewicz: Tool: Adobe Illustrator CC 2019. Project details. NCHS Notes: Obesity is associated with a number of health conditions, including hypertension, high cholesterol levels, and type 2 diabetes (8–11). In addition, Grade 2 or higher obesity significantly increases the risk of death (12). In 2015–2016, the overall prevalence of overweight and obesity among adults aged … Read more

General Electric Fires John Flannery as CEO, takes $23 billion non-cash charge for Power business problems and withdraws guidance. Lawrence Culp takes Over as Chairman and CEO

General Electric abruptly removes John Flannery as chairman and CEO and installs former Danaher CEO Lawrence Culp as his successor. The board had grown frustrated with the slow pace of change under Flannery, sources familiar with the issue say. GE also will take a $23 billion noncash charge for its struggling power business. The company … Read more

NYC Millennials Pay $1,800/mo. to Live in a Room 2x the Size of a Rikers’ Solitary Cell

via zerohedge: Millennials in New York are known for living in a state of perpetual brokeness – between student loans, $20 nightclub drinks and $15 avocado toast, it’s easy to understand why 70% of millennials have less than $1,000 in savings. Now we can add expensive, glorified closets to the mix, as the Wall Street Journal reports. 30-year-old marketing manager Scott … Read more

The Next Financial Crisis – FEDFUNDSRATE HIGHEST SINCE 2008, EMERGING MARKET DEBT CRISIS, CORPORATE INSIDERS DUMPING STOCK AT HIGHEST RATE SINCE……2008, PENDING HOME SALES ARE COLLAPSING

via @OccupyWisdom: https://twitter.com/OccupyWisdom/status/1046595330131861504 https://twitter.com/OccupyWisdom/status/1046595336045826048 https://twitter.com/OccupyWisdom/status/1046595342790250496 https://twitter.com/OccupyWisdom/status/1046595349417271296 https://twitter.com/OccupyWisdom/status/1046595368841093120 https://twitter.com/OccupyWisdom/status/1046595385865785345 Bonus: Your Central Bank Can’t Save You Next Time Bloomberg–7 hours ago Unless there can be an adult conversation in America over negative interest rates — the counterintuitive idea of borrowers getting paid and savers dinged — the … Rising costs take toll on new corporate, emerging market debt Reuters–2 hours ago … Read more

Divergence in the Financials, Three Things You Need to Know

via thebeartrapsreport: Looking back over the last decade, stocks have only been this much loved four times.  After the last dance with extreme euphoria in January, stocks lost 11.3% from January 26th to February 12th. Likewise, just before 2015-2016’s 14% equity market drawdown, investors were feeling so confident looking out into the future. Today, our sentiment indicators … Read more

Global stocks are declining with the IMF’s warning about slowing growth dampening investor sentiment into 3Q earnings season

by QuantalyticsResearch US Stocks Global stocks are declining this morning following yesterday’s positive start to the month as investors shift their focus to a slowing global growth outlook and the start of 3Q earnings season US stocks index futures are pointing to a negative open in NY with the Dow Jones minis -0.27% S&P500 minis –0.21% and … Read more

New Zealand ‘Digital Strip-Searches’ For Travelers… Hand Over Passwords Or Face $5,000 Fine!?

via radionz.co.nz: The Customs and Excise Act 2018 – which comes into effect today – sets guidelines around how Customs can carry out “digital strip-searches”. Previously, Customs could stop anyone at the border and demand to see their electronic devices. However, the law did not specify that people had to also provide a password. The updated … Read more

America Is Committing Suicide: Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

by Michael Snyder  If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control.  We are facing an unprecedented debt crisis that literally threatens to bring our country to an end, and yet our politicians are almost entirely silent on this issue in 2018.  … Read more

The Labor Shortage Is Real

by Charles Hugh-Smith Few conventional-media commentators are willing or able to discuss these factors in the labor shortage / declining participation trends. Is there a labor shortage in the U.S.? Employers are shouting “yes.” Economists keep looking for wage increases as evidence of a labor shortage, and since wage increases are still relatively modest, the argument … Read more

Update on Popping Housing Bubbles in Sydney & Melbourne

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Every housing bubble requires the connivance of the banks and regulators. Australia is no exception. Sydney’s housing bubble, one of the most magnificent in the world, is deflating further. So far this year, home sales volume has plunged 18.5%, according to CoreLogic. And prices have followed. In September, this is what … Read more