The Amazon Effect

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Amazon acquires Whole Foods, KR down 11 %, COST down 8% Amazon acquires PillPack, CVS, WBA, RAD all down +11% Amazon considers making its own networking switches, CSCO down +4% Bubble? https://twitter.com/OccupyWisdom/status/1017568943286910976   h/t phileo99

After Being Sworn In, New Sanctuary City Mayor Grabs Mic And Tells Trump What She’s Going To Do

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https://www.youtube.com/watch?v=ru_eQMkYtbg Terresa Monroe Hamilton for RWN reports, Sanctuary City San Francisco has just sworn in their first black, female mayor, London Breed. She’s a Democrat and a Trump-hater of course. Speaking from the steps of City Hall, where former San Francisco mayor and California Lieutenant Governor Gavin Newsom swore her in, Breed emphasized her commitment … Read more

The Bond Market Is Sounding An Alarm On The Economy As ‘Yield Curve’ Spread Hits Narrowest In 11 Years On Friday

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by stockboardasset The Treasury yield curve gets flatter every day, and some strategists expect it to invert, meaning short end yields, like that on the 2-year note, could rise above longer duration yields, like the 10-year. A flat curve is the sign of possible economic weakness, but an inverted curve signals recession and the point where … Read more

Rep. Buddy Carter (R-GA) Introduces bill making it a Federal Felony for Immigrants stealing Social Security Numbers

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Rep. Buddy Carter (R-GA) told Breitbart News in an exclusive interview on Thursday about his new legislation that would prevent illegal immigrants from using Americans’ Social Security numbers, protect citizens’ privacy, and deter illegal immigration. On Wednesday, Rep. Carter introduced H.R. 6333, Tax Identity Protection Act, which would direct the Internal Revenue Service (IRS) to … Read more

James Woods… … he just absolutely CRUCIFIED Peter Strzok

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When your girlfriend is more important than your wife, your politics more important than your country, and your ego more important than history,… pic.twitter.com/R3xcQLmgBn — James Woods (@RealJamesWoods) July 13, 2018 When your girlfriend is more important than your wife, your politics more important than your country, and your ego more important than history, The … Read more

Fed Sweeps Yield Curve Under the Rug – What Are They Trying to Hide?

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From Birch Gold Group A few weeks ago we reported the Fed was getting hawkish despite what they were calling “low inflation.” In that article, we showed rates possibly being raised more than 4 times in 2019. But more importantly, we warned that anyone investing in the market should start preparing to expect the unexpected. And right now, it looks … Read more

“Big Four” Audit Oligopoly Strikes Back at Plans to Break it Up

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After a series of sudden corporate collapses, audit firms face a crisis in the UK. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Deloitte, one of the so-called “Big Four” accountancy firms that have effectively cornered the global audit industry, has warned the UK government and regulators that any attempt to break up their oligopoly could … Read more

Investor Alert: Real Assets Are At All Time Lows Versus Financial Assets, Investors Keep Fleeing Equities Despite The Rally, Yield Curve Is Collapsing…

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The confidence is being lost for three reasons: Crippling debt Stagnant wages High inflation U.S. consumers are feeling a bit less confident as they grow more concerned about trade wars. https://t.co/fIe9CNHtHT — Lisa Abramowicz (@lisaabramowicz1) July 13, 2018 Corporations are very confident they can add debt and buy back stock forever without repurcussion. Until they … Read more

The next time you read that central banks have been the heroes of this crisis and monetary stimuli have saved the world, remember…

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Print The Bubble. The reason why capex is poor is that QE perpetuates overcapacity. Growth is poor because QE props up unproductive government spending and -as u said- housing bubbles   Debt accumulation and saver repression are not social policies. The Global Implementation Of Demand-Side Debt-Fueled Policies Has Made Crises Widespread and More Frequent. (Bordo … Read more

It’s been another tough week for Tesla…

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by Simon Black It’s been a tough week for Tesla. Bloomberg Businessweek reported Tesla factory workers were given Red Bull to stay awake to meet aggressive Model 3 production goals (and told to walk through a raw sewage spill to keep the line moving). Also, because Tesla has delivered 200,000 cars to US buyers, customer tax … Read more

How Relevant is an Inflation Index That Ignores All Energy Prices?

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via advisorperspectives: Note: The charts in this commentary have been updated to include this morning’s Consumer Price Index news release. Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate” (full text). In effect, the Fed … Read more

Parents Now Taking On Most New Student Debt

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by John Rubino Not so long ago, student debt was mostly the responsibility of students. That is, you paid for college with loans and then paid off those loans with the proceeds of the good job you got with an advanced education. These days it’s a little different. The cost of higher education is soaring, … Read more