‘Use extreme caution,’ Nick Colas warns as S&P 500 plans massive tech shift

A big shift to the S&P 500 may change the way you invest in tech from CNBC. The S&P 500 is about to undergo a major structural change that may alter which technology stocks you own. Facebook and Google’s parent Alphabet will move out of the index’s technology sector and to a newly formed communication services sector in about six … Read more

Life on a Budget

by proBizcus I am in a great mood today and want to try to spread some confidence. I know life can be hard, and finances makes it a lot harder than it has to be. My wife, myself, and our 3 month old baby live on a single income with no assistance other than renting … Read more

Trump’s USPS task force looms over AMZN this week

by iowaaah report to be made August 10 Trump hates Amazon and has personally been pushing postmaster general Megan Brennan to double the rate USPS charges AMZN for package delivery With USPS fees accounting for 40-50% of shipping cost in the US, a 20% increase would result in $1.8 B in incremental shipping costs  

The worst crisis is the one you don’t see coming.

The worst crisis is the one you don't see coming. https://t.co/patJDp7TCu — Eddy Ventolera (@atm0spheric) August 7, 2018 https://twitter.com/OccupyWisdom/status/1026650255381721089 1-Month Treasury Bill Yield ends the day at a 10-year high: 1.96%. pic.twitter.com/u46NqaC4gh — Charlie Bilello (@charliebilello) August 7, 2018 Daniel Ivascyn says it’s time to take a more “cautious and defensive” strategy with both stocks & … Read more

This is Precisely Why I’ve Been Saying: Don’t Short Tesla or Anything in This Crazy Market

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter CEO goes nuts, spaghetti-code algos & consensually hallucinating humans lap it up. “Am considering taking Tesla private at $420. Funding secured,” tweeted Tesla CEO Elon Musk this morning. Anyone can tweet anything, as we have seen. Even Musk. Two days ago, as part of his personal battle with short sellers, he’d tweeted, “Dang, turns out … Read more

The Forex market continues to be the hottest story

The Forex market continues to be the hottest story Trump warns that those who do business with Iran will not do business with the US – pay attention to the Indian rupeeAn impressive pattern of cup and handle in recent years@Sunchartist @dlacalle_IA #dxy #EmergingMarkets pic.twitter.com/vdQM6Iurhh — Amit Noam Tal (@amital13) August 7, 2018 Another country … Read more

The 2008 “Lehman shock” is finally catching up with China… bill for debt binge coming due

via nikkei: The 2008 “Lehman shock” is finally catching up with China. Beijing beat the odds for a decade, with the Chinese economy growing at above 6.5% year after year. It managed that feat with an epic explosion of credit and debt at government and corporate levels. The latter, for example, surged toward 170% of gross … Read more

If the SEC doesn’t take immediate action against $TSLA and @elonmusk for his comments, they have opened Pandora’s Box for a whole new wave of possible manipulation by insiders.

If the SEC doesn't take immediate action against $TSLA and @elonmusk for his comments, they have opened Pandora's Box for a whole new wave of possible manipulation by insiders. — Michael Lebowitz, CFA (@michaellebowitz) August 7, 2018 https://twitter.com/patrickcomack/status/1026940818265976832 “Nobody, when they're looking at a privatization, dangles this way and does this sort of teasing dance … Read more

US Wealth Gap Is Largest Since Just Before the Great Depression

middle class gets limited to no real wage increase, meanwhile, Wall Streets gets record buybacks! pic.twitter.com/Auck3xC7Fq — Alastair (@StockBoardAsset) August 7, 2018 https://twitter.com/OccupyWisdom/status/1026958307238572033 via marketwatch: The gap between the rich and the poor in America has ballooned over the last several decades. In 2015, the top 1% of Americans made 26.3 times as much income as … Read more

BIG NEWS: FBI/DOJ Lose in Federal Court — Ordered to Preserve Comey Personal Email. ANOTHER Judicial Watch victory!

by TFittonJW The order issued yesterday– https://www.judicialwatch.org/press-room/press-releases/judicial-watch-court-orders-doj-to-preserve-comey-personal-email/ One Minute: Background: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-asks-comey-to-preserve-records/ https://www.washingtontimes.com/news/2018/jul/29/james-comey-ordered-to-preserve-his-government-doc/ Quick vid discussion:

Breaking: 5 Arrested in Plot to Assassinate US Pastor Brunson & the CIA Connection

In this breaking news report, Newsbud’s Founder & Editor Sibel Edmonds uncovers bombshell reports of a plot to assassinate the American pastor being detained in Turkey, Andrew Brunson. Find out about the contract on Brunson’s life, the hit team that was arrested and why the media is blacking out this report! Support Newsbud.com by becoming … Read more

Journalist Tim Pool; “We have handed over the public square to private companies. These companies can now decide who gets to participate in political debate. This is where most people debate and share ideas and now we have no right to the public discussion.”

by AssuredlyAThrowAway Putting aside the content of any given act of censorship (although the Alex Jones situation is certainly what drove the above quote), the insight of Tim Pool’s statement reflects a nuanced understanding as to the more fundamental (and terrifying) shift currently occurring with regards the form of the public sphere. What used to be an … Read more

New OIG Report – FBI Agent took Bribes, Lied to local Law Enforcement, Protected Illegal business, Withheld Evidence, among other findings – yet Criminal Prosecution was DECLINED.

by ver0egiusto The title pretty much covers it, but it is yet another major blow against FBI leadership coming out of the OIG. On the tail of McCabe’s ouster, this latest revelation clearly shows that a Special Agent broke numerous laws under former FBI leadership, and prosecution was declined. How did he get away with so … Read more

The Trump Effect? Poll Shows 71% of Business Owners Want More China Tariffs

by Thinker A majority of business owners, including small business owners, support additional tariffs on China, according to a poll released from UBS polling. A majority of business owners also supported additional tariffs on Mexico, Europe, and Canada. The poll revealed that 71 percent of business owners support additional tariffs on China. 66 percent of … Read more