Burrito Index Update: Burrito Cost Triples, Official Inflation Up 43% from 2001

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by Charles Hugh-Smith Welcome to debt-serfdom, the only possible output of the soaring cost of living. Long-time readers may recall the Burrito Index, my real-world measure of inflation. The Burrito Index: Consumer Prices Have Soared 160% Since 2001 (August 1, 2016). The Burrito Index tracks the cost of a regular burrito since 2001. Since we keep detailed records of … Read more

Let’s discuss Bilibili ($BILI), up 31% in a week

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by tt598 It’s mostly known as a Chinese video website, they don’t quite have the dominant position that YouTube has elsewhere, but pretty much anyone under 30 knows the site, especially among high school and university students, its very popular. Although the brand is mostly known for the video website, they are actually more of … Read more

Amazon Resumes Purchasing Google Shopping Ads

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less than a month after pausing all Google PLA campaigns, Amazon reactivates its bidding on Google’s Shopping Ads   Well that was fast. After pausing its U.S. Shopping campaigns at the end of April, Amazon is once again popping up in Product Listing Ad results for a number of queries. Merkle Associate Manager Robbie Schnizler first … Read more

Paying off house early: key to success or stupid?

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by PNW_CivilEngineer I’d like to hear your thoughts on the pros and cons of paying off a home early. First, I understand that my mortgage interest is a lower rate than what the market returns on average. Thus I follow the fundamental truth that you are probably mathematically better off if you invested your money … Read more

Breathtaking Chart On Record Margin Debt

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by Jim Quinn Margin debt of $300 billion. Only three times the size of the Dotcom bubble and the housing bubble. What could possibly go wrong? It’s all good. No worries. The machines have it all under control. Their algorithms, created by Harvard educated MBA geniuses, won’t all say sell at the same time. Right? … Read more

The U.S. Has Decided To Fight Trade Wars With China, Europe, Canada And Mexico Simultaneously, And That Will Be Disastrous For The Global Economy…

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by Michael Snyder  One trade war may be enough to push the struggling global economy into another recession, but the U.S. government has apparently decided that it is time to fight trade wars with pretty much all of the major economies around the world at the same time.  This is utter insanity, and it is going to have … Read more

Why Are So Many Concerned About The Potential Health Dangers Of The 5G Cell Phone Network That Is Going Up Nationwide?

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by Michael Snyder  The new 5G cell phone network that is being rolled out across the nation is going to make communicating by cell phone super smooth and super fast.  It will basically revolutionize the entire cell phone industry, and for multitudes of phone users this new era cannot get here fast enough.  But will there … Read more

Mnuchin’s Name Moves Up On The List

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ADP releases their latest employment report and the job market is cooling off, of course these are the manipulated numbers. If the job market is so great why aren’t employees receiving raises and why aren’t employers pushing salaries higher if they can’t find anyone to take a job.Retail sales are a disaster and online sales … Read more

Fund Manager Outraged: Getting Rich On Taxpayer-Backed Subprime Mortgages

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by Dave Kranzler of Investment Research Dynamics A branch manager gets home loans for borrowers with weak credit or low incomes—and taxpayers back him up. – Bloomberg.com Bloomberg News featured a story today that I find to be an outrage. It seems that some punk kid in Houston – Angelo Christian – has recreated the Jordan Belfort story (“The Wolf Wall Street”) … Read more

Keith Weiner: Saying “We Owe The Debt To Ourselves” Is Perverse, Meaningless And Dishonest

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by Keith Weiner of Monetary-Metals But “We Owe It to Ourselves”, Report 28 May 2018 Have you ever heard someone say this? It falls into the category of, it’s so perverse, so wrong, and so wrong-headed that there has got to be a constituency out there somewhere, to assert this! First, let’s head off at the pass the … Read more

Are The Market’s About To Get Shanghai’d Again?

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via Mark St.Cyr As we sit here on Wednesday the “markets” appear to be recovering from yesterday’s rout in both the U.S., as well as Europe. e.g., Italy and its contagion fears. Many across the mainstream business/financial media landscape are now waving their “all clear” pom-poms. Whether this is true, in regards to Europe, is an … Read more

Morgan Stanley Robots Will Tell Clients To “HODL” In Next Stock Crash

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by stockboardasset During periods of market uncertainty, Morgan Stanley will deploy a vast army of artificial intelligence (AI) robots to tell its wealthy clients to remain calm and Hold On for Dear Life (HODL). The robots will craft personalized messages for each wealthy client about why they need to stay in overstretched, central bank driven markets. When volatility … Read more

Guide to paying a small fine and making billions

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by Jon Rappoport The key factor is: be a drug company. In this case, Celgene. Their drugs are Thalomid and Revlimid. They are approved for multiple myeloma, one type of cancer. Here’s the thing. Doctors can decide to prescribe drugs for uses which are not approved by the FDA, but the manufacturers can’t promote those … Read more