SEC investigation means Tesla’s precarious cash situation could become critical in the coming months

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Tesla’s investors, captivated by the electric car maker’s future growth prospects, have ignored its rickety finances. That is no longer possible. Tesla is in trouble after a chaotic week. Elon Musk’s supposed plan to take the company private at $420 a share looks more like a fantasy. The Securities and Exchange Commission is investigating the company … Read more

On Turkey vs. Greece comparisons – Are we overlooking the fact that Greece was bailed out? Who is going to bail out Turkey, and how will a hard landing affect global markets differently?

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by cbus20122 So I just thought of something / realized something rather basic. There have been a lot of comparison between Turkey and Greece recently with both countries experiencing some huge currency issues. Both countries at similar points are looking towards hard landings, yet Greece was helped by being “bailed out” by the EU. While … Read more

The manufacturing powerhouses behind much of the world’s electronics are preparing to move chunks of production away from China and toward such locales as Eastern Europe, Mexico and Southeast Asia.

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via bloomberg: From iPhones to computers, the manufacturing powerhouses behind much of the world’s electronics are preparing to move chunks of production away from China and toward such locales as Eastern Europe, Mexico and Southeast Asia. Foxconn Technology Group Chairman Terry Gou — who became a billionaire by dint of making Apple Inc.’s gizmos — started the ball … Read more

Deutsche Bank’s Market Cap Down to $23B; Still Has $54T in Derivatives Exposure

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via wallstreetonparade: Spasms in big Wall Street bank stocks have been happening on a serial basis over the past three years. (See here and here.) Yesterday offered another one of those bank warning signs to a Congress intent on further deregulation of an already dangerously deregulated market. As the stock market grappled yesterday with fears of sinking emerging market … Read more

What Makes the Gold Standard so Powerful is Exactly Why Politicians Hate It so Much

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via theepochtimes: There will be no Fedcoin, according to Federal Reserve Chairman Jerome Powell, in testimony given before the House Committee on Financial Services. “We’re not looking at this at the Fed as something that we should be doing,” Powell said, when asked whether the Fed is considering issuing its own digital currency. “That’s not something we’re looking … Read more

Americans’ Personal-Finance Sentiment Plummets by Most in 7 Years

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via Zerohedge: Led by a collapse in Americans’ views of the current situation, University of Michigan’s Sentiment Survey dropped to 11-month lows, dramatically missing expectations for a rise. Sentiment index decreased to 95.3 (est. 98) from prior month’s 97.9; lowest since Sept., below all analyst estimates Current conditions gauge, which measures Americans’ perceptions of their finances, fell … Read more

GENTLEMEN, YOU CAN’T DEPOSIT YOUR GARBAGE HERE, THIS IS A TRASH CAN! New York City Removes Trash Cans on the Upper West Side:

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via westsiderag: What happened to the baskets? Did they get removed in anticipation of some windy weather? Surely the Department of Sanitation [DSNY] would soon restore the baskets – thereby easing the overflow trash – she thought. A neighbor who shared her concerns called 311 and was told that the baskets had been removed because people … Read more

A SOCIALISM SO BIG, IT’S NATIONAL: Elizabeth Warren’s Batty Plan to Nationalize . . . Everything.

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via nationalreview: Senator Elizabeth Warren of Massachusetts has one-upped socialists Bernie Sanders and Alexandria Ocasio-Cortez: She proposes to nationalize every major business in the United States of America. If successful, it would constitute the largest seizure of private property in human history. Warren’s proposal is dishonestly called the “Accountable Capitalism Act.” Accountable to whom?you might ask. … Read more

Are We A Republic or A Democracy?

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by Daniel Carter If you’ve tuned into the news lately, you have undoubtedly noticed quite the commotion over democracy. It is supposedly under attack by the Russians. It is also said to be under attack by Trump. And with the litany of daily articles and TV reports on these subjects, someone inevitably responds with “it’s … Read more

Trump BLASTS Governor Moonbeam For BURNING Down His Own State Becuase of CRAZY Laws

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https://www.youtube.com/watch?v=_cJzBRRPfvo Tim Pearce for the Western Journal reports, Interior Secretary Ryan Zinke traveled to California Monday to advocate against some of the “bad environmental laws” that President Donald Trump has charged with exacerbating the state’s wildfires. Read More/Source/Credit/FairUse: https://www.westernjournal.com/trump-…

CNN Attempts To DOXX Manafort Jury: This is a Weaponized Press

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https://youtu.be/2Yx2yJkmEss Discussing one of the most disturbing stories ive seen this year. CNN, The New York Times, BuzzFeed, and The Washington Post are all petitioning Judge T.S Elliot of the Paul Manafort trial to release the names and addresses of the jurors in an attempt to DOXX them. Article:https://dailycaller.com/2018/08/17/cn… https://www.washingtontimes.com/news/2018/aug/17/manafort-judge-hold-hearing-unsealing-jurors-names/ http://thefederalist.com/2018/08/17/cnn-just-sued-government-get-names-addresses-manafort-jurors/ http://www.foxnews.com/politics/2018/08/17/judge-in-manafort-trial-says-hes-been-threatened-over-case.html  

Weird and Sketchy Federal Behavior Surrounds New Mexico Terror Training Compound….

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by sundance The story of the jihadist training compound in New Mexico takes yet another weird turn today, as federal authorities removed the partially buried trailer, bulldozed a portion of the compound in the process, and yet left key evidence including: ammunition, a bullet proof vest, birth certificates and notebooks, laying around.WATCH THIS VIDEO This happens on the … Read more

Is Something Serious About To Happen Nearing Midterm Election? If Not Then What The Heck’s Going On?

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For More Information See: https://gellerreport.com/2018/08/crit… https://onedrive.live.com/?authkey=%21ANVLQQ-nzi5rPJY&cid=6070784EAEAE6B36&id=6070784EAEAE6B36%21177&parId=6070784EAEAE6B36%21176&o=OneUp https://www.dailywire.com/news/34583/… http://dailycaller.com/2010/07/25/the… https://www.dailywire.com/news/34583/… https://christianjournal.net/culture/… https://goo.gl/mAUrmc

These Are that Stores that Got Pummeled the Most by E-Commerce

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Brick-and-mortar sales at hero-of-the-day Nordstrom actually fell! Nordstrom’s shares popped 12% this morning after it reported better-than-expected results. Where did the sales gains come from: e-commerce sales. Sales from Nordstrom.com soared 50% year-over year to $897 million. Including its other e-commerce sites, total online sales jumped 23% to $1.35 billion, or to 34% … Read more

This Chart Shows Amazon’s Dominance in Ecommerce

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by visualcapitalist It’s no secret that Amazon is dominant in ecommerce. But despite this being common knowledge, the most recent data behind the explosion in Amazon’s market position is still stunning to behold: in the last two years, the already monstrous Amazon somehow was able to increase their share of the total U.S. ecommerce market from … Read more