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Their CEO is a big part of it Think of Domino’s before he got there in 2010. Very forgettable, slightly overpriced (pizza not stock). They: Changed the recipe, most say it tastes better Expanded the menu Became the first in the industry to be able to order with an app (big one) Became the first … Read more
via goldtelegraph: Deutsche Bank has been a global black swan for some time. Will it bring the global banking system down? All the more reason to have physical precious metals insurance in your hands. Not since Leman, this could get extremely ugly! Deutsche Bank has almost triple those assets, $1.7 trillion, but its future is in … Read more
via cnbc: Trader: I don’t See the Dollar Going Higher From Here Former gold bear turns bullish on the metal for the first time since election from CNBC.
the crypto panic continues pic.twitter.com/t3pNlFthJy — Alastair (@StockBoardAsset) June 22, 2018 https://twitter.com/OccupyWisdom/status/1010167110184644609 It can be zero but there are some unsavory people who will try to use it for crime/tax evasion etc https://twitter.com/OccupyWisdom/status/1010181262567493634 h/t @OccupyWisdom
by Ron Paul The U.S. military budget dwarfs every other country on the planet combined. Do you know how much the Pentagon spent between 1998 and 2015 that is “unaccounted for”? TWENTY-ONE TRILLION DOLLARS $21,000,000,000,000 Where did it go? No one knows…it’s “unaccounted for”. The role of government must SERIOUSLY be reconsidered in America. Without being … Read more
It’s not subtle: Home sales plunge, inventory jumps, prices begin to react. By Steve Saretsky, Vancouver, Canada, Vancity Condo Guide: With National home sales declining by 16% year over year in the month of May, marking the worst year over year decline since May of 2008, we turn our attention to the province of BC where home price growth … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter One of the biggest such deals ever, happening now: How investors allow a group of PE firms to extract $3.75 billion from a company after they’d already extracted billions. Junk-rated Asurion – which is based in Nashville, has 16,000 employees in the US and elsewhere, and sells insurance and extended warranties for … Read more
https://www.youtube.com/watch?v=YVn2KCW4Nic Ryan Saavedra for the Daily Wire reports, Sen. Tammy Baldwin (D-WI) told CNN’s Brooke Baldwin on Wednesday that she didn’t really care about how young migrant children were treated under the Obama administration, saying that she only really cared on a “case by case” basis. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/32102/…
by Michael Snyder Andrés Manuel López Obrador (otherwise known as “AMLO”) is about to become the next president of Mexico. He has a seemingly insurmountable lead in the polls, and at this point it would be a complete and utter shock if anyone else were to win on July 1st. So what he has to say … Read more
by John Rubino As bubbles expand and hot money starts burning holes in corporate pockets, merger and acquisition deal terms begin to leave reality behind. Often one deal of such breathtaking size, scope and hubris is struck that — in retrospect – it heralds the end of the era. The junk bond bubble of the … Read more
by Simon Black In the year 6 AD, the Roman emperor Augustus set up a special trust fund known as the aerarium militare, or military treasury, to fund retirement pensions for Rome’s legionnaires. Now, these military pensions had already existed for several centuries in Rome. But the money to pay them had always been mixed together in … Read more
by Graham Summers of Gains Pains & Capital If you need more evidence that the Fed screwed up during its latest FOMC meeting, take a look at the below chart. This chart shows the Dow Jones Industrial Average (a stock index comprised of economically sensitive bell-weathers such as Caterpillar) vs. the NASDAQ (a stock index that is heavily … Read more
by DCG Proggies now identifying folk at Trump rallies and slamming them on Twitter While the left continue with their hysterics, Trump’s approval rating has tied the highest point of his presidency, rising three percentage points to 45%. But keep it up with your bullying tactics, lefties. That’s a spot-on approach to winning hearts and minds. From Fox … Read more
by DCG Don’t let the lack of the word “illegal” in this story fool you. Gov. Inslee has, in effect, turned Washington state into a sanctuary state. From MyNorthwest.com: Just hours after President Trump signed an executive order to keep families together at the U.S.-Mexico border, Washington state Governor Jay Inslee called the policy child abuse and announced he will … Read more
by stockboardasset In April, an op-ed in The Wall Street Journal titled “So Long, California. Sayonara, New York,” published by conservative economists Arthur Laffer and Stephen Moore, warned about a provision within the brand- new tax bill that could trigger a mass migration of roughly 800,000 people — fleeing California and New York for low-tax … Read more
BY SRSROCCO After another negative press release this morning, the major cryptocurrencies fell towards crucial support levels. According to a Zerohedge article, quoting CNBC, Japan’s chief regulator launched a probe of crypto-exchanges, prompting the largest to halt new account creation, thus sending the crypto market considerably lower. The press release stated that Japan’s largest crypto-exchange, Bitflyer, needs … Read more
by Chris Black Andrés Manuel López Obrador is probably the next president of Mexico, and during a speech on Tuesday he called for nothing less than a mass exodus/mass immigration to the US. According to this guy’s twisted (as in globalist, which is internationalist communism rebranded) world-view, free movement of people, wherever one so desires, … Read more
Authored by Charles Hugh Smith via OfTwoMinds blog, Market “fixes” fuel wealth/income inequality which feeds political and social instability. There are two Grand Narratives about the U.S. economy and asset markets: the mainstream narrative is that nothing is fundamentally wrong with the economy, and so no structural changes (and the sacrifices such changes entail) are needed. … Read more
by Martin Armstrong The Refugee Crisis in Europe is tearing it apart and all of this began with a unilateral decision by Merkel when her polls declined because of her tough policy on Greece. The refusal to compensate Italy and to demand they take in refugees but denies them the right to send them north proves … Read more
via CNBC: Housing and medical items top the list of fastest-growing expenses for retirees. Older Americans experienced a 4 percent loss in Social Security buying power from January 2017 to January 2018. For 2019, benefits are expected to increase by at least 3.3 percent, which could help reduce the year-over-year effect of higher costs. If … Read more