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Its fleet of autonomous cars thus far has gone the way of the Spanish Armada, producing nothing but grief. By John E. McNellis, Principal at McNellis Partners, for The Registry: While Uber isn’t exactly driving straight to the bank, it may get there yet. The company has ripped through $10 billion to date, but its latest report … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It’s called “Housing Crisis” for a reason. When we discuss the insane San Francisco housing market, it’s usually in terms of median asking rents ($4,680 a month for a 2-bedroom), the median single-family house price ($1.7 million), the median condo price ($1.2 million), or the Case-Shiller Home Price Index’s 11% year-over-year surge. … Read more
by Michael Snyder When this bubble finally bursts, will we witness the biggest stock market crash in U.S. history? “The bigger they come, the harder they fall” is a well used phrase, but I think that it is very appropriate in this case. From a low of 6,443.27 on March 6th, 2009, we have seen the … Read more
The Whitney Is Not an Art Museum. The Whitney, as it’s called, is not all bad. It has some nice Hopper, Lichtenstein, and lesser-known artists such as Henry Koerner. The long-exposure photography was excellent too. Unfortunately my pleasant memories of all these works were sullied by the exhibit on the sixth floor — An Incomplete History … Read more
by John Rubino Housing bubbles proceed in fairly predictable stages. Stage One is long and (initially) slow, fueled by excess central bank money creation or foreign demand or some other source of liquidity that encourages large numbers of people to buy houses. At first, sellers remember the peak prices from the previous bubble and aren’t … Read more
by TFittonJW Big Judicial Watch update: Some background: New Strzok-Page docs: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-begins-releasing-strzok-page-communications-doj-objects-to-preservation-order/ Obama border disaster docs: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-new-hhs-documents-reveal-that-unaccompanied-alien-children-processed-during-obama-years-included-violent-criminals-drug-smugglers-and-human-traffickers/ Our reaction to Kavanaugh: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-statement-on-supreme-court-nominee-brett-kavanaugh/ We now have podcast of Updates available! https://www.judicialwatch.org/jw-talknet/
by Harry Dent of Economy & Markets Many studies focus on whole states for GDP and job growth, but I prefer looking at the cities people actually live in, which can be quite different from other parts of states. That’s where it really happens. Here’s a ranking of the top 15 cities for job growth over the last … Read more
via Cormac Mullen Baa rated corporate bond premiums have risen above 2% Less-followed indicator ‘should not be ignored,’ Paulsen says One gauge of recession risk with a “pretty good” track record over the last half century has just raised a cautionary signal, according to the Leuthold Group. For the first time since just prior to the 2007-2009 … Read more
by DCG Proof that it’s not about children separated from their families at the border. It’s about keeping their TDS alive for their hopeful “Blue Wave” this November. From Fox News: Democrats who drafted a bill to abolish Immigration and Customs Enforcement [ICE] suddenly announced Thursday night that they would vote against it if the legislation went … Read more
https://www.youtube.com/watch?v=8ST8lUHtdVA Judy Kurtz for the Hill reports, Hollywood celebrities have been raising the heat in their rhetoric against President Trump, but critics say the often-profane criticism could actually inflame a pro-Trump backlash ahead of November’s midterm elections. Read More/Source/Credit/FairUse: http://thehill.com/blogs/in-the-know/…
by Thinker NEW YORK (AP) — President Donald Trump found time to attack CNN, NBC and the British tabloid The Sun, and offer fashion advice to a fourth news organization, while talking to reporters Friday with British Prime Minister Theresa May. The leaders faced sharp questions at a news conference following their talks, which came … Read more
by Tom McClellan The SP500’s higher close on Friday was one of several up Fridays we have seen recently. Moving up or down on a Friday can convey a message about investor sentiment, especially when multiple Fridays see the market go in the same direction. To be a buyer on a Friday, one has to accept … Read more
https://www.youtube.com/watch?v=1sSBMGVpvJk Hillary Clinton looks insane!!!!!..LMFAO the bags under her eyes are truly packed from Guantanamo Bay AC
by Ian Shilling Moon of Alabama does a great job of exposing Mueller’s latest farcical publicity stunt to stoke up more anti Russia hysteria http://www.moonofalabama.org/2018/07/no-evidence-in-muellers-indictment-of-12-russians-release-now-may-sabotage-upcoming-summit.html Caitlin Johnstone also exposes the latest ridiculous propaganda and lies:- Two Big “Russia! Russia!” Stories Released Days Before Trump-Putin Summit. “I will keep saying it and saying it until it … Read more
How did Hillary Clinton get away with obvious crime with her unprotected server and the shady Uranium One deal? Shipp says, “The most bizarre thing is the people who protected her from clear felonious activity and violations of the Espionage Act. James Clapper, Director of National Intelligence, was protecting her and leaking things to the … Read more
by Jim Quinn Sorry, There Is Zero Chance of Putin Ditching Iran in Syria Ahead of Helsinki Russian diplomats are repeating loudly that Iran is in Syria legally Hamidreza Azizi Wed, Jul 11, 2018 The Finnish capital of Helsinki will host a summit July 16 between US President Donald Trump and his Russian counterpart Vladimir Putin. Amid preparations for … Read more
by Martin Armstrong How bad did it get in some segments of the population during the Great Depression? Actually, during the Great Depression, women began reusing the fabric from flour sacks to make dresses. When the flour companies woke up and suddenly realized the purpose their flour bags were providing, they began to print their bags with various … Read more
I used to like watching “Lie to Me,” a TV show whose main character is an expert in microexpressions, the interpretation of which is a real thing. This analysis of disgraced FBI agent Peter Strzok is worth a watch if you’re into that kind of thing. h/t Maranatha Man
This is GREAT!! Takes all the “key” moments and tells you through “captions” what was really happening. Good right from the get go. h/t Evangelina
by Raúl Ilargi Meijer Vincent van Gogh Weeping woman 1883 The indictment by Special Counsel Robert Mueller, whose task it is to investigate possible collusion between the Trump campaign and ‘Russians’, that was released yesterday by Deputy AG Rod Rosenstein, raises so many questions one has to be picky. Many people have already stated that the report contains no … Read more