Senate Intelligence Committee Under Pending DOJ Investigation for “unauthorized disclosure of information”….

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by sundance This is one of those little snippets of information, buried in the swamp and avoided by the media, that seems small and disingenuous unless you know the corrupt record of the Senate Intelligence Committee. According to Wall Street Journalist Byron Tau, the Senate Intel Committee unanimously voted today to release documents to the DOJ “in connection … Read more

People Are ABANDONING California Right Now! Here’s Where They Are Moving To and Why!

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In your opinion, are taxes used mostly for our public services? Or are they squandered? Vast numbers of people from all classes are leaving California for a multitude of reasons which we will cover today. Businesses are concerned about taxation. They’re concerned about their bottom line. But what the government does is in response to … Read more

BREAKING: Germany is calling for Trump’s US Ambassador in Berlin to be expelled

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Quote:He stoked further outrage last weekend with reported comments to far-right website Breitbart of his ambition to “empower other conservatives throughout Europe, other leaders”. Grenell also raised eyebrows with his plan to host a lunch on June 13 for Austria’s arch-conservative Chancellor Sebastian Kurz, described by the US envoy as a “rock star”. The ambassador … Read more

“Why profits don’t matter” – Published in summer 2007 – heard the same in 1999, hearing the same now. People never learn.

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https://twitter.com/OccupyWisdom/status/1004522695860674560 1999 – Why profits don’t matter for IPOs The Wall Street Journal has a heads-up article in Monday’s paper that says the percentage of companies going public this year that aren’t yet profitable is higher than at any time since the dot-com bubble. (The article, here, is available for free.) The paper notes that there are … Read more

What does Volatility mean?

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by ITS_JUST_LOW_T In investing it’s essentially the ability of an asset to change in price rapidly. This doesn’t mean it’s always changing in price necessarily, just that it has the potential to. Bonds are generally a fixed rate of return paid out at the end of the bond’s term. Their current price is subject to some … Read more

Are the internet stocks in a bubble? Since January 2009 Netflix is up 8,180%. Tencent is up 3,963%. Amazon is up 3,069%. Apple is up 1,629%. Alphabet is up 600%. While US nominal GDP is only up 33%.

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It’s the stock buybacks. Companies are expected to buy back 10% of their market cap this year. They are borrowing money to do it. Likely be a huge credit crisis and crash in the future from it, but enjoy the ride while it lasts. What Is Driving The Stock Bull Market Higher? The performance of … Read more

Chart: VIX is below 12 again

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Chart: VIX is below 12 again – pic.twitter.com/JnyAc2HIZj — (((The Daily Shot))) (@SoberLook) June 7, 2018 we are in the latter innings of an economic cycle. pic.twitter.com/NbKonj1Xyh — Alastair (@StockBoardAsset) June 5, 2018 FT: Eurozone GDP data confirm first-quarter growth slowdown — Alastair (@StockBoardAsset) June 7, 2018 some interesting facts 504 % rally in 8 … Read more

“Free” College Comes At A Price

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Authored by Ryan McMaken via The Mises Institute, When governments subsidize goods and services — or provide them directly through government-owned institutions — the effect is to lower the price to consumers, thus increasing demand. Put another way: if the price of, say, a college education is near-zero to the consumer, then consumers are likely … Read more

Why China Will Fall to the Same Fate as Former Economic Darling, Japan

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via Economica : Population demographics in the developed world paint a grim economic picture. Rapidly aging populations and plummeting birth rates mean drastic declines in productive population and a commensurate drop in energy consumption. Fortunately (or unfortunately, depending on your viewpoint), we know what happens when this occurs over a longer time horizon, as it has … Read more