DRUDGE RIGHT NOW:

TRUMP’S TRADE POLICY STRIKES AGAIN: US and Mexico have reached a trade deal, paving the way toward replacing NAFTA President Donald Trump says the deal would be called The United States-Mexico Trade Agreement, getting rid of the NAFTA name. Trump says Mexican officials promised the country would start buying as much U.S. farm product as possible. … Read more

Where’s the “moat” or value for companies like Uber/Lyft/DiDi/Grab? Aren’t they essentially worthless?

by WaveML TLDR: Ridesharing companies’ massive valuations are based off of a driverless taxi future. However, it seems that in this future almost all the profits will go to the companies that have solved the hard tasks of manufacturing the cars and designing the self driving AI software, not the relatively easy to replicate task … Read more

Take advantage of opportunities that come your way

by jasta85 This is somewhat of a ramble of my experience regarding taking advantage of opportunities that life presents you as the ones I’ve had have significantly sped up my progress on my way to FIRE and don’t involve crazy stuff like winning the lottery or creating Uber. ​ So, I’ve recently separated from the … Read more

Tesla bonds due in 2025 are trading near their all-time lows.

Tesla bonds due in 2025 are trading near their all-time lows. pic.twitter.com/fenSUFqzpx — Lisa Abramowicz (@lisaabramowicz1) August 27, 2018 $TSLA $TSLAQ pic.twitter.com/oROH9xdu83 — Alastair (@StockBoardAsset) August 27, 2018 Did you know: Elon Musk / Tesla did not invent some amazing new battery technology They buy the battery cells from Panasonic & then build cars Nothing … Read more

Fun Fact: The Russell 2000 index just hit record highs, but 60% of the debt issued by these companies are rated JUNK

Make sense? https://twitter.com/Nat0shiSakam0t0/status/1033795313298010112 https://t.co/SU8AzuJImP China slowdown pic.twitter.com/VuVNVKdV94 — Alastair (@StockBoardAsset) August 27, 2018 Chart: The relative attractiveness of cash vs. stocks continues to improve – pic.twitter.com/yvOQzrfkr4 — (((The Daily Shot))) (@SoberLook) August 27, 2018 Curve flattening is being googled the most ever. Will this time be different, as the economists say, or is the market … Read more

Today’s “Stock Market More Overvalued Than Ever” Metric: Composite Liquidity Indicator

via suremoneyinvestor: Of all the indicators you can choose from to assess the current market conditions, one in particular stands out – and it is sending a clear warning. It’s a warning that it has flashed before, and was followed by a big drop in the market. It’s my Composite Liquidity Indicator (CLI). The CLI is … Read more

Another Big Retailer Is Closing Stores – Victoria’s Secret

.@VictoriasSecret says it's closing 20 stores this year https://t.co/RW9UsZ7Ki4 — Insider (@thisisinsider) August 24, 2018 #Retail Round-up: L Brands announced it will be closing 20 Victoria's Secret stores. The retailer has a large number of in-line stores at major malls which produce high sales volumes per square foot. https://t.co/KhEPmjagdr $LB pic.twitter.com/1rR6LWvevZ — Trepp (@TreppWire) August 24, 2018 … Read more

Virtual Land Selling for Millions

Article on BBC.com suggest that investors (https://www.bbc.com/news/av/stories-45275461/the-virtual-land-selling-for-millions) are spending real money to buy land in a new city that only exists in virtual reality. Buyers are able to build whatever they want on their designated plots in “Decentraland”. Many hope to make a profit trading goods and services in the virtual world’s own crypto currency. … Read more

Budget for single 29 year old on benefits in the UK

via error23_snake: This was made by averaging my past 6 months of income and costs, recorded in an Excel spreadsheet. The gas and electric costs were extrapolated to account for summer/winter variation as I’m on pre-payment meters. Diagram made using sankeymatic.com/. I live in the NE of the UK, so for £395pcm I’m able to rent a … Read more

Gap Between Median Household Income & Income Needed To Afford Median Priced Home In Each State

via Fye_Maximus: Full Article Here I got the data on how much is required to buy a home in each state from from HowMuch.Net, Their analysis uses home price data from Zillow from April 2018, and then Zillow’s mortgage calculator to figure out monthly payments. I got the median income data from the Bureau of The Census. … Read more

Bernie Explains Need For Third Party

“…debate after debate, tv program after tv program, the progressive third party people would in fact get the best response from the audiences, and people would say “You guys make a lot of sense” Bernie Sanders in the 90’s: But in the beginnning this is what would happen: You had the Democratic candidate running for … Read more

FARRAKHAN Exposes ROTHSCHILD Bankers / Banksters and their NEW WORLD ORDER Agenda

Farrakhan succintly lays out the global world order controlled by the privately held “Federal” Reserve Bank. The Federal reserve controls the money supply and interest rates ultimately controls the stock market. “Those that create and issue the money and credit direct the policies of government and hold in their hands the destiny of the people.” … Read more