Former Wall Street Trader: Save Until It Hurts

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BY JARED DILLIAN Financial folks tend to overcomplicate things. Their jargon is an impenetrable wall of confusion to new investors. Let me uncomplicate things for you. For most people, all you need is a bank account. Let’s unpack this a bit. You are reading this note because you are a professional or semi-professional or serious investor. Most people … Read more

Facebook – Ghosts of Bubbles Past

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by Jesse “This is how Ron Chernow correctly described what was happening for New York Times’ readers on March 15, 2001: ‘Let us be clear about the magnitude of the Nasdaq collapse. The tumble has been so steep and so bloody — close to $4 trillion in market value erased in one year — that … Read more

Meet Your New Self-Driving Chauffeur To Walmart

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by stockboardasset Alphabet Inc’s Waymo, an autonomous car company, could have just unlocked a rather displeasing future for the heavily indebted consumer, one where corporate America uses self-driving vehicles to herd the bottom 90 percent to brick and mortar retail stores. In fact, this is now a reality, as Waymo and Walmart have launched a pilot program to … Read more

WaPo Contributor Declares “God Bless The Deep State” and U.S. Intelligence Agencies – Ignoring The Partisan Figures That Once Led Them

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by Jon Hall, Free Market Shooter Last Thursday, Eugene Robinson – MSNBC analyst and writer for the Washington Post – published a column criticizing President Trump for failing to side with the U.S. intelligence community over their conclusion on Russian meddling in the 2016 election during a diplomatic summit with Vladimir Putin in Helsinki, Finland. Remember when the “deep state” was written off as a … Read more

The FAANGs Will Crash

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by Bill Bonner YOUGHAL, IRELAND – Poor Mark Zuckerberg. Rumor has it that he is some sort of advanced robot, “reptilian,” or alien. “Lord Zuck,” the kids call him. Lord Zuck Yesterday, his company lost $151 billion in stock market value. The stock fell 20% after hours. Today, if after-hours trading trends continue, Facebook will suffer … Read more

Washington Post-CIA connections: back to basics

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by Jon Rappoport There are now hundreds of supposed “facts” which prove Russia influenced the 2016 US election. I thought I’d go back to a few basics… “The CIA says” is never a great way to start a sentence. But that’s one basis of the charge that Russia “hacked” the US presidential election. Members of … Read more

Mark Cuban on dangers of A.I.: If you don’t think Terminator is coming, ‘you’re crazy’

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via CNBC: Billionaire entrepreneur, star of ABC reality show “Shark Tank” and owner of the Dallas Mavericks basketball team Mark Cuban is certain that a version of the Terminator is coming. Speaking to an audience of conservative high school students at the High School Leadership Summit Turning Point USA event in Washington D.C. Tuesday, Cuban laid down several serious … Read more

Local authorities failed to notify ICE of illegal alien’s past crimes; man shoots Florida officer in the head

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by DCG From Fox News: The Haitian national accused of shooting a Florida cop in the head Saturday has had an immigration detainer filed against him, officials said Wednesday, ending nearly a decade during which authorities arrested Wisner Desmaret numerous times but didn’t inform immigration officials about him. The U.S. Immigration and Customs Enforcement Agency told Fox News … Read more

San Francisco wants to ban employee cafeterias to FORCE everyone to “eat lunch with the rest of us”

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A proposal introduced Tuesday to ban employee cafeterias in future San Francisco office buildings represents more than an effort to boost the city’s restaurant scene, backers say. “People will have to go out and (eat) lunch with the rest of us,” Aaron Peskin, a San Francisco supervisor who co-sponsored the proposal, told The San Francisco Examiner. “This … Read more

What’s with all the salmonella? Honey Smacks, Ritz, & Goldfish Crackers

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What the hek is with all the latest salmonella recalls? “Salmonella infection usually occurs when a person eats food contaminated with the feces of animals or humans carrying the bacteria.” July 12th Salmonella cases linked to recalled Honey Smacks cereal reach 100 https://fox2now.com/2018/07/12/salmonella-cases-linked-to-recalled-honey-smacks-cereal-reach-100/ Ritz & Pepperidge Farm recalled their crackers due to possible salmonella from … Read more

We are witnessing an information awakening and are in the middle of an information war…. Social media utilities have made the MSM obsolete…

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via GLP: MSM are in panic. They know their days are numbered. More and more people have turned to the internet and social media outlets to educate themselves and are no longer allowing MSM to spoon feed them propaganda. Corporate dollars influence reporting (Monsanto): CIA accesses the media (Operation Mockingbird): Did you know that when … Read more

CLASSY ACTION: Facebook Lawsuits Loom — Tens of BILLIONS on the Line.

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via pjmedia: Facebook stocks plunged precipitously on Thursday after the company’s earnings report showed they missed expectations on revenue and that the social media platform’s monthly users are down significantly. All of this comes in the wake of ongoing scandals, including charges of data misuse and anti-conservative bias. “During a conference call Wednesday, Facebook Chief Financial Officer David … Read more

Hussman: Current S&P Price-to-Revenue of 2.4 Higher Than “Offensively Extreme” 2.2 in 2000

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via John P. Hussman: I’ve often described what I call the Iron Law of Valuation: the higher the price investors pay for a given set of expected future cash flows, the lower the long-term investment returns they should expect. As a result, it’s precisely when past investment returns look most glorious that future investment returns are … Read more