“The worst performing currencies vs. US Dollar this year… Emerging Market Crisis!
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by Geoffrey Grider Former President Barack Obama is diving into politics once again by appearing in a video warning against the supposed damaging effects of partisan gerrymandering and calling on voters to politicians who support his idea of “fair” redistricting maps. Ah, the dynamic duo of Barack Obama and Eric Holder have resurfaced. You remember them, right? They rose to … Read more
#FANG STOCKS Am I missing something? The fair value calculated by discounted cash flow Shiller P/E or overall P/B ratios are also that high :: what longtime worldwide QE‘s can do Despite the acceleration in U.S. growth, real earnings have steadily fallen since 2015. Real earnings refers to the growth in average hourly earnings … Read more
by Jeff Clark, Senior Precious Metals Analyst, GoldSilver In case you’re unfamiliar with the 1966 movie The Russians Are Coming!, it’s a fun romp about a Russian submarine that accidentally runs aground off the New England coast during the Cold War and the local residents who panic and think they’re being invaded. I remember laughing a … Read more
via thejewelerblog: On July 15, after a full month of heart-thumping competition, the members of a single national team will emerge as champions and experience one of the ultimate thrills in professional sports — raising aloft the 18-karat gold FIFA World Cup Trophy. Four years ago in Brazil, that honor went to the soccer team from … Read more
by indianleo It has been a long time since the trade war talks began. At first, it was only a war of words between the world’s two largest economies. Slowly, it took a bigger form and is currently under effect. It had a huge impact on the US stock market and the US economy. The first clash … Read more
Link: https://www.tesla.com/support/incentives The following federal income tax credits are available to anyone who purchases a new Tesla Model S, Model X or Model 3: Federal Tax Credit For Vehicles Delivered $7,500 On or before December 31, 2018 $3,750 January 1 to June 30, 2019 $1,875 July 1 to December 31, 2019 Several states and local utilities … Read more
https://www.washingtonpost.com/technology/2018/07/11/former-tesla-employee-blasted-by-elon-musk-takes-battle-sec-filing-whistleblower-complaint/?noredirect=on&utm_term=.e3e715fcb02c Tripp told the SEC on Friday that the Silicon Valley car company, whose $53 billion value rivals that of General Motors, had pushed for a number of potentially damaging measures to meet production quotas, including placing batteries with puncture holes into vehicles and reusing scrapped parts. The company, Tripp said, had also inflated the … Read more
via CNBC Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability. “It’s a classical late cycle story. So, when I was here last time, I said we were long and nervous. We are no longer long, we are increasingly nervous about this,” Roelof Salomons, chief strategist … Read more
China Coal Firm With AAA Rating Has Bonds Yielding Over 300% 69 companies spanning the globe have boosted their debt levels by 50% or more in the past 5 years and now have at least $5b of debt. Together, they’re sitting on almost $1.2 trillion of bonds and loans, most of it rated junk. Titans … Read more
Why what happens in the US+China+Japan really matters (chart)….why US nat’l debt going from $10–>$21T, China $7T–>$34T and Japan’c central bank’s balance sheet going from 30% to 100% of GDP matters. 3 largest economics in world running on PONZI finance is ~NOT~ a good thing: Healthy organic recoveries DON’T require $15T in QE + 0% … Read more
Alarm Bells: Copper & Oil Crash #OOTT pic.twitter.com/pacPGR56vT — Alastair (@StockBoardAsset) July 11, 2018 Copper has now lost 1/4 of its value in a month.. Zinc near 30% of value gone now..Nickel near 20%…. This is looking like one of the fastest global economic slow downs since 2008…. its happening fast.. Bloodbath: Oil Plummets … Read more
Myanmar, Laos hit with visa restrictions for not accepting citizens deported from U.S. – Visas for government officials will be restricted, restrictions could be expanded if they fail to cooperate – The first category to be restricted are B1 & B2, temporary visas used for business and travel. July 11 (UPI) — The United States imposed … Read more
via nationalgeographic: Modern humans’ distant relatives left Africa earlier than previously thought—rewriting a key chapter in humankind’s epic prequel, according to a discovery unveiled on Wednesday in Nature. Nearly a hundred stone tools found at the Shangchen site in central China may push back the spread of our ancient cousins—hominins—out of Africa by more than a quarter million … Read more
via RT Expect big problems with the global economy as the trade conflict between the United States and China escalates, predicts veteran investor Mark Mobius. There’s no question we’ll see a financial crisis sooner or later because we must remember we’re coming off from a period of cheap money. “There’s going to be a real … Read more
Link to the survey (2017) Link to their 2018 survey They are tolerant as long as you toe their party line. Majority of Democrats at Dartmouth ‘uncomfortable’ living with roommate who disagrees on politics, poll finds Any organization not explicitly right-wing sooner or later becomes left-wing. http://www.isegoria.net/2008/07/robert-conquests-three-laws-of-politics/ h/t CommanderSmokeStack
via pjmedia: WASHINGTON — Senate Democrats vowed today to try to use deep investigation and grassroots activism to stop President Trump’s pick for the Supreme Court as federal appeals court judge Brett Kavanaugh began making the rounds on Capitol Hill to meet GOP lawmakers. Senate Minority Leader Chuck Schumer (D-N.Y.) declared in a press conference in front … Read more
Continuing down the Operation Mockingbird Rabbit hole, YouTube has decided they need to hire Journalists in order to Push Their “Sources” on viewers Watch the latest video at foxnews.com via foxnews: YouTube is pouring $25 million into journalism on its platform in a push to support trustworthy news organizations and help them produce … Read more
THE HILL: Dem pollster: Moderate Dems stand the best chance of winning in November. Democratic pollster Carly Cooperman, who is a partner at Schoen Consulting, on Wednesday said moderate Democrats stand the best chance of winning in the upcoming midterm elections. “We see that moderate Democrats have been winning primaries overall, and I think that those … Read more
Cybersecurity technicians from Malwarebytes.com have researched a malvertising operation that had already been active for about a year with the peak on March, 2017. The malicious ads have gathered about half a billion clicks in just three months. Malvertising is a cybercrime tool that works by breaking into ad networks and planting infected ads among others. … Read more