How Long Can This Euphoria in Trucking and Rail Last?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Many modes are reporting limited capacity or no capacity at any price shippers are willing to pay.” Everyone in the industry is loving it. “The environment for us right now compared to where we were at the end of last year is dramatically different,” CSX CEO Jim Foote said Tuesday evening, … Read more

A Wake Up Call For Iran: The Real Cost of America’s ‘Liberation Wars’

In this edition of Probable Cause, Newsbud’s Founder & Editor Sibel Edmonds delivers a powerful message to the Iranian people, based on the bloody track record from America’s ‘liberation wars.’ Edmonds documents the real cost of these foreign interventions as she examines countries like Syria, Libya and Iraq, both before and after being ‘liberated.’ See … Read more

How the World’s Most Elite Growth Investors Pick Stocks

by visualcapitalist Investing can be extremely psychologically demanding. Not only are you up against the world’s best investors, but you’re also up against yourself. It’s easy to get caught making irrational decisions based on your own personal blindspots or cognitive biases, and these mistakes can lead to buying when you should sell, and vice versa. For … Read more

Check out the literal “trigger warning” YouTube has put on the documentary JFK to 9/11: Everything is a Rich Man’s Trick.

https://youtu.be/U1Qt6a-vaNM When you click on this video, they display this message: The following content has been identified by the YouTube community as inappropriate or offensive to some audiences. Then you have to click “I understand and wish to proceed” before being able to watch the video. Then when you go down to the comments section, … Read more

Tariffs Already Hurting Many Americans

by Stucky, TBP I was going to make this a QOTD Part 2: Tariffs.   In the original QOTD on tariffs I pretended that I knew absolutely nothing at all about such things and could you please help me out cuz, you know, you guys are much smarter than me.   Well, about half of you, … Read more

Socialist Venezuela turns to barter

From Joseph T. Salerno at Mises Wire: In 2006, Venezuela’s president Hugo Chavez declared: There is a market that can be reactivated through barter and not through currency. Let us break that curse [of capitalism]. Well, twelve years later barter is indeed replacing currency transactions throughout the economy but with hardly the results that the late … Read more

FIRST QE THEN QT THEREAFTER TE –THE END

by Egon von Greyerz Where have all the dollars gone? Long time passing Where have all the dollars gone? Long time ago Where have all the dollars gone? Uncle Sam has spent them everyone When will he ever learn? When will he ever learn? When Pete Seeger wrote the famous song “Where have all the dollars flowers gone”back in … Read more

MAGAnomics: Jobless Claims in U.S. Lowest Level Since 1969 – As Predicted POTUS Trump Focused on Workforce Development…

by sundance Begin, with the end in mind….  More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) Trump won the election, and B.) Trump began instituting Main Street economic policy ahead of Wall Street … Read more

How To Help Your Parents Get Out Of Debt

It is no big surprise that the economy isn’t in the best shape right now. This can be extremely difficult for many families. This is especially true if you are retired and living on a budget. Once retired you really don’t have any way to supplement your income and can only spend a certain amount … Read more

Zuckerberg’s sales of FB stock since 2016

by mdcd4u2c I kept seeing Facebook pop on lists of top insider sales week after week and got curious so I did some digging and I’m sharing here. This is just all of Zuckerberg’s insider transactions (they were all sales) since the beginning of 2016. In reality, the dataset goes back to 2012, but he … Read more

Uber’s Q1 results show 67% growth in revenue to 2.5 billion (excluding sale of Southeast Asia assets), 50% reduction in operating losses

https://www.cnbc.com/2018/05/23/uber-q1-financial-data-increased-sales-valuation-with-new-tender-offer.html This kind of growth is pretty much unprecedented at that scale of revenue. This is even more impressive when you consider that 2017 was a difficult year in terms of PR, and that they also gave up a lot of geographical scale in China. It’s very possible they could IPO with more revenue than … Read more