Germany considering a year of national service for migrants

by DCG This is going to help refugees “integrate” into German society. Yeah, riiiiight. From The Guardian: Angela Merkel’s Christian Democratic Union (CDU) party is floating the idea of a new form of compulsory national service in Germany for all young people and migrants. For over 50 years, all German men were obliged to spend a year in the army … Read more

YOU CAN’T STEAL EXPERIENCE AND KNOW-HOW: The Problem With China’s Powerful Air Force.

via realcleardefense: This problem is starkly illustrated by China’s ongoing difficulty in producing a high-quality indigenous jet engine. The problem of technology mismatch, at its root, is that the thief lacks trade secrets and human capital associated with the manufacturing and assembly of a system. At the very least, this absence can make the replication of … Read more

Why U.S. Stocks Hit A Record

by Lance Roberts The S&P 500 hit an intraday record of 2,876.16 today, surpassing its January 2018 peak that occurred before the violent 12% correction that ensued in February. The official reason for today’s bullish action is Fed Chairman Jerome Powell’s speech in which he outlined his expectations for gradual interest rate increases. Powell’s speech didn’t … Read more

Peter Schweizer (Clinton Cash author) shares new details on DC swampy business deals in the Biden family. Uncle Joe and son Hunter.

by LunaFlora Peter Schweizer shares new details on swampy business deals in the Biden family. Sunday, Breitbart News Senior editor-at-large Peter Schweizer, author of “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” appeared on Fox News Channel’s “The Next Revolution” to describe “sketchy” dealings involving Hunter Biden, son of former Vice … Read more

Summer Snow Blankets Montana, Idaho, Wyoming

DENVER (CBS4) – An unusually cold late August storm system is bringing a chilly rain and some high altitude snow to parts of Wyoming, Montana and Idaho. The National Weather Service says as much as 4-8 inches could fall in elevations above 9,000 feet in the mountains of Montana and Wyoming. Some areas have been placed … Read more

Next iPhones expected to be biggest ever

Think big. Really big. If you think iPhones are too small, get ready for this – the next crop of iPhones are expected to go larger than ever. Apple will officially announce the 2018 crop in early September, but analysts we’ve spoken to are firm in what to expect, based on intelligence from the supply chain. Analysts … Read more

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