74% of Forward Corporate Earnings Guidance Estimates for Q3 Have Been Negative

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via CNBC: Companies are lowering their expectations for the upcoming third-quarter earnings season. So far, 98 have provided guidance, with 74 percent negative and just 24 positive, the worst ratio since the first quarter of 2016 when corporate America was in an earnings recession. Citigroup strategist Tobias Levkovich said investors’ high expectations for profits could … Read more

Tencent music plans for a US IPO, setting the stage to compete with pandora, spotify, and itunes.

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by Leroy–Brown Apparently their edge for revenue generation is live streaming karaoke performances, and tipping performers. I wonder how this specific social media model will hold up in a crowded market in the US. “Tencent Music, bound for U.S. IPO, profits from social savvy” – http://www.reuters.com/article/us-tencentmusic-ipo/tencent-music-bound-for-u-s-ipo-profits-from-social-savvy-idUSKCN1M718Y In a market that until a few years ago was … Read more

GE, the Largest American Company in 2004, Now Worth Less Then 10% of Apple

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via CNN: General Electric, once America’s most valuable company, is now in sharp decline. In a year full of dubious landmarks, GE has encountered another: The storied conglomerate is now worth less than $100 billion. That hasn’t happened since March 2009 — during the Great Recession. GE’s (GE) stock crash — down by nearly two-thirds since the end of … Read more

To Deny It Has a Pension Crisis, Florida Pretends It Has $4.3B More Than It Does

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via watchdog.org: Florida lawmakers are using an accounting tweak to defer payments on $20 billion in pension debt, a maneuver that not only hides the “true cost of government” from voters but “passes this expense on to future taxpayers,” Truth in Accounting (TIA) CEO and Founder Sheila Weinberg said. Speaking with Watchdog.org in advance of Tuesday’s release of … Read more

ELECTION TIME! – Hidden Hand in Cameroon Violence for Chaos?

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by Thinker There is an alternative story to the Cameroon genocide that speaks of violence and separatist talks being fueled by foreign corporations who want to get their hand on the immense oil and gas resources of Southern Cameroon. is there any truth to this? https://youtu.be/ZjCSU5_kWQ0 Corruption in Cameroon has been called “Cameroon’s worst-kept secret” … Read more

ImperatorRex: “I’m allowed to say this: emails exist where #BlaseyFord is freaking out – admits the story is BS & there’s a Gorsuch

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REX @_ImperatorRex_ OK I’m allowed to say this: #1 – emails exist where #BlaseyFord is freaking out and admits the story is nonsense/BS to ‘well known names’ #2 – ‘there’s a Gorsuch letter’ AND #3 – ‘there is MORE’. Make of that what you will. Thursday will be LIT https://twitter.com/_ImperatorRex_/status/1045101030684446720 NOTE: Not my claim. We’ll … Read more

Why Do Wages Rise?

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Many people believe the only path to higher wages is to put in more work hours, but there are actually many economic factors that go into deciding the number on each worker’s paycheck.

Universal Basic Income For Everyone!

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by Gary Christenson Miles Franklin sponsored this article by Gary Christenson. The opinions expressed are his. Several countries and cities studied and tested a universal basic income (UBI). At first glance it looks like giveaway nonsense: Who pays for the giveaways? Does the UBI discourage work and self-improvement? How much price inflation does it create? How much additional unpayable … Read more

PC Magazine deletes article about problems with 5G, and fires its author (John C. Dvorak from the No Agenda Show podcast)

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Here’s the link to what was John’s original article: AT&T, Verizon, and other carriers will start to launch 5G networks this year. But what exactly is 5G, and how fast is it compared with 4G? Here’s what we know so far. If you read the barrage of scary literature about 5G mobile phone technology, specifically the use of millimeter … Read more

Kavanaugh Gets A Break- Two Men Come Forward To Say They May Have Assaulted Christine Blasey Ford – Not Him – HEARING LIVE HERE.

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by Ruby Henley   Kavanaugh seems to be getting a break. A very strange curve has appeared in this ongoing race to ruin Judge Brett Kavanaugh.  Two men have stepped forward to say they may have been the ones who assaulted Christine Blasey Ford – not Brett Kavanaugh. The Judiciary Committee has quietly questioned these … Read more

I became a millionaire because of an IPO

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by metsancho It was one of those things that I never counted on until it really happened. I added $570,000 to my portfolio today (guesstimating after tax). Income: $160k full time job (does not offer 401k)/ Wife stay-at-home mom I have a side-business that nets $100k this year. (Previous years was around $30k) Pre-IPO portfolio: … Read more

Amazon opening physical store with top rated items

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Tomorrow, we’re opening Amazon 4-star, a new physical store where everything for sale is rated 4 stars and above, is a top seller, or is new and trending on Amazon.com. The store is located in one of New York’s most vibrant neighborhoods—SoHo—on Spring Street between Crosby and Lafayette Streets. We created Amazon 4-star to be a … Read more