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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Not a slap on the wrist, but not a summary execution either. Tesla CEO and Chairman Elon Musk settled the fraud charges that the SEC had brought against him over his blatant lies he tweeted in early August about taking Tesla private at $420 a share, “Funding secured,” only to recant a couple of weeks later. … Read more
by Ruby Henley Is the United States ‘trade bullying’ like China says? If so, what is this going to do to the average American – like you and me? Tariffs have a direct effect on all American clothing and many of the people and businesses we work with. A tariff is a tax on goods … Read more
by Ruby Henley Many of you have been asking about President Trump’s wall, and to be honest it is not looking so good. The following article is a very informative one if you are looking for answers about the wall.. http://dailytorch.com/2018/09/president-trump-needs-to-use-his-veto-sooner-or-later-to-get-the-wall-built/ QUOTE – Speaking at a press conference with Japanese Prime Minister Shinzo Abe at … Read more
by Ruby Henley Traditionally what part does the FBI play in the nomination process of a Supreme Court Nominee? The FBI conducts a background check at the request of the White House, mainly to ensure the nominee does not pose a risk to national security interests of the United States. Investigators interview associates of the … Read more
The best clue of what’s next for the stock market is revealed by the market itself. In other words, the DJIA’s chart — by itself — reveals a wealth of information. See for yourself in this chart. https://www.youtube.com/watch?v=tT6hl_wU61M
https://www.youtube.com/watch?v=gqdGh9PJoZI Reddit has inacted more censorship by placing a number of subreddits, including https://www.reddit.com/r/911truth/ in a quarantine, labellin the subreddit, misinformation
SEARS now penny stock… In the latest indignity for a once-grand retailer, the share price fell below $1 on Friday for the first time in the company’s history, dropping as much as 15% to 85 cents in midday trading. Falling into loose-change territory is more than embarrassing. Nasdaq, the exchange where Sears stock trades, could … Read more
CLAY COUNTY, Tenn. (WZTV) – They say there’s no such thing as bad publicity, but one Tennessee town may disagree. Clay County, Tennessee, has received national attention after a Drug Enforcement Administration investigation revealed its pharmacies purchased enough drugs last year to provide 270 pain pills for every man, woman, and child living in Clay … Read more
by axolotl_peyotl I’ve been a casual linux user for over a decade, and while my technological expertise is significantly lacking, there’s something very inspiring about the passion in the linux community, and indeed I’ve found that many of my own beliefs and ideologies are very much in tune with those espoused in the open source/free … Read more
From Birch Gold Group In March we warned of continued Fed rate hikes. In May, we reported on more rate hikes and their potential impacton stocks. In August, the QT “time bomb” started ticking… On Wednesday, the Fed raised rates for the eighth time since tightening started. But the KBE Bank ETF — which holds Bank of America and Citigroup among others — failed … Read more
It’s only 3:35, but if you are strapped for time, start at 1:30. I know this was posted a week ago, but it needs to be re-shown. h/t WyatteSmith
by Thinker When comes to really knowing someone, you have to put aside party, religion, race, and nation and look at the actions of the individual or organization. Do they serve the people, or do they serve profits and self gain for the politician??? Everyone comes with history and it shows if they are for … Read more
Abusing auto censorship tools to stifle criticism of one’s platform is an insidious maneuver, meant only to protect FB from criticism. The congress would be well served to begin investigations into companies like FB who engage in that kind of censorship of the public sphere. https://www.youtube.com/watch?v=NOzvImzRtn4 The breach was discovered by Facebook engineers on Tuesday … Read more
by sundance The events surrounding the use of Jeff Flake by politically corrupt democrats, with the confirmation of Judge Brett Kavanaugh are beyond transparent. This is a scheme. All of it. A strategic approach to eliminate the current threat (Kavanaugh confirmation) and simultaneously gain leverage for use in this years mid-term elections. This is a scheme. Today the … Read more
by Geoffrey Grider Senator Dianne Feinstein knew about these allegations in July. She made no attempt to ask Kavanaugh about them, even in closed session. If she believed the allegations were true or credible, she should have acted on them. California Senator Dianne Feinstein has from the very beginning of these proceedings conducted herself and through her … Read more
by Jesse Colombo As seen on Forbes by RIA’s Jesse Colombo: “Goldman Has Rehabbed Its Reputation And All It Took Was This Huge Bubble“: During the Global Financial Crisis and a few years after it, investment bank Goldman Sachs became Public Enemy #1 for its role in the mid-2000s housing bubble, mortgage crisis, and related scandals. The … Read more
Emerging markets traditionally refer to nations whose economies are growing steadily on the path to becoming advanced but are not yet classified as developed economies. However, in the last couple of years, the stock markets of Asia have seen a rapid development that makes it difficult to refer to countries such as China and India … Read more
From Antiwar.com: The U.S. spends far more on its military than any other nation on Earth, but very soon, it will not be the top expenditure of the U.S. government. Rather, rising interest rates and years of mounting debts mean that soon, interest on the debt will overtake that. Interest costs will be $390 billion next year, … Read more
Macro Voices, Released on 9/28/18 (recorded on 9/27/18) Erik Townsend and Patrick Ceresna welcome Keith Dicker back to MacroVoices. Erik and Keith discuss the government bond bubble, artificially suppressed interest rates and rethinking bonds for portfolio allocations. They discuss what impact that a bond market route could have on equities and if the bond bear … Read more
by Troy The stock market’s volatility continues to be lacking recently. VIX has completely collapsed, and is now trading sideways in a narrow range. You can see this via VIX’s narrow weekly Bollinger Bands. VIX’s 20 weekly standard deviation is now <1.06. Historically, this means that VIX tends to rise within the next 1 month. … Read more