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via Robert Burgess A rotational shift with an ominous subtext leads market commentary. It’s been a long time since value stocks were in favor. Just ask David Einhorn, whose main hedge fund lost 19 percent through the first seven months of 2018 in a misguided bet that investors would come to their senses and start scooping up stocks … Read more
via Mark Brandly Voters tend to be rationally ignorant. Since a single vote does not matter, for most potential voters, the cost of being politically well-informed is greater than the benefit of being knowledgeable about political affairs. Therefore, it’s rational for most voters to be ignorant regarding political issues. A main reason for the high cost of … Read more
“Even a small deterioration” in its perceived credit risk could take a big financial toll on Mexico. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Mexico’s President-elect, Andrés Manuel Lopez Obrador (AMLO), does not enter office until December 1, but he’s already making big waves, particularly in the oil and gas industry. On the … Read more
NANYANG, CHINA The 62-year-old Chinese shopkeeper had waited nearly his entire adult life to see his dream of building a church come true — a brick house with a sunny courtyard and spacious hall with room for 200 believers. But in March, about a dozen police officers and local officials suddenly showed up at the … Read more
SAN FRANCISCO – On Sept. 8, an ungainly, 2,000-foot-long contraption will steam under the Golden Gate Bridge in what’s either a brilliant quest or a fool’s errand. Dubbed the Ocean Cleanup Project, this giant sea sieve consists of pipes that float at the surface of the water with netting below, corralling trash in the center of a U-shaped design. The purpose of … Read more
Looking on the bright side is BAD for your health as stress helps us cope with bad news better If you dismiss bad tidings and are over-optimistic instead it might not be the best thing for your health YOU know the saying – always look on the bright side of life. Well don’t. It turns out … Read more
Carol Elgin spent last Monday preparing a tiny classroom at Foulks Ranch Elementary School in Elk Grove for students. She’s waited a long time to have her own class. Over the last six years, Elgin, 55, has been a substitute teacher and instructional assistant. Before that she spent 20 years in sales. But she had … Read more
Tesla shares rise on report Saudi Arabia sovereign wealth fund has $2 billion stake Saudi Arabia’s sovereign wealth fund has acquired a significant position in Tesla shares, according to the Financial Times. The media outlet says the Saudi’s Public Investment Fund bought a 3 percent to 5 percent stake in the electric car maker, according … Read more
The Latest: Southern California fire expanding into forest Authorities say twin blazes rapidly spreading in Northern California have become the state’s largest wildfire in history. The fires burning a few miles apart and known as the Mendocino Complex ignited July 27 and encompass an area the size of Los Angeles. It’s the second straight year … Read more
Click on your state below to see 700 examples of pay raises, bonuses, 401(k) match increases, expansions, benefit increases, and utility rate reductions due to the Republican tax cuts. You may also view the full list here (PDF). See also: Thanks to the GOP tax cuts, these utilities are lowering rates Thanks to GOP tax cuts, … Read more
https://www.youtube.com/watch?v=VBRqAxexyRw The Western Journal reports, Now that Supreme Court nominee Brett Kavanaugh has met privately with almost every Republican senator, it’s becoming increasingly clear President Donald Trump’s pick for the bench is running into little GOP resistance to confirmation this fall. Read More/Source/Credit/FairUse: https://www.westernjournal.com/gop-se…
https://www.youtube.com/watch?v=Bqwc7M6yh6o Jim Hoft for the Gateway Pundit reports, Rep. Darrell Issa (R-CA) was on with Maria Bartiromo on Sunday Morning Futures this morning. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
ASCAR chairman and CEO Brian France will take a leave of absence from the sport his family founded after he was arrested for driving while intoxicated in Sag Harbor, N.Y., on Sunday night. The Sag Harbor Village Police Department said in a press release Monday that France was pulled over at 7:30 p.m. after failing to stop at … Read more
https://www.youtube.com/watch?v=XGkMGwvtCMc&feature=youtu.be TRUMP IS GOING TO PARDON HIM AND LET HIM TAKE DOWN THE DNC!!! Vid also mentions TRUMP has lost 1 BILLION $ of his own wealth for all this SOMCE HE BEGAN MEANWHILE Clinton’s made $100 mill And Obama’s made $30 mill$! It’s all Going to SINK THE SWAMP! I BET JULIAN TOOK ERIC … Read more
Watch the latest video at foxbusiness.com The number of people collecting foods stamps has dropped tremendously since President Trump took office, according to the latest numbers from the U.S. Department of Agriculture (USDA). More than 2.8 million have stopped participating in the Supplemental Nutritional Assistance Program (SNAP) – commonly known as food stamps – since Trump’s first … Read more
by Bill Bonner POITOU, FRANCE – We were taken aback on Friday by the ferocity of our dear readers’ comments. [Read more in today’s Mailbag.] What were they so sore about? we wondered. Son of Satan Of course, we are frequently wrong about a great number of things. When connecting the dots, we are bound to … Read more
This is a HUGE DEVELOPMENT in the Saudia Arabian crisis and will result in a MASSIVE HIT TO THE CANADIAN ECONOMY. EVERY SAUDI STUDENT STUDYING IN CANADA HAS BEEN ORDERED BY THE SAUDI GOVERNMENT TO LEAVE CANADA ASAP. They have no choice but to leave and take their family with them. Canada will lose HUNDREDS OF … Read more
https://www.youtube.com/watch?v=maAu6AFFDwk She is a clown but a dangerous at that! She should be arrested for treason and sedition. JK
