by John Rubino It’s always been understood that corporate executives make a lot more than rank-and-file workers. But the gap between top and bottom was hard to calculate, and therefore hard to turn into media sound bites, so it didn’t play much of a role in the US political process. But this year, for the … Read more
via city-journal.org: When it was noted that the carry-on bags of multiple airline passengers traveling from Minneapolis to Somalia contained millions of dollars in cash, on a regular basis, law enforcement was naturally curious to know where the money came from and where it was going. It soon emerged that millions of taxpayer dollars, and possibly much more, … Read more
via Chris Kimble After topping in January 2018, the stock market has become a bumpy ride. We endured a correction on most major stock indexes and are now chopping sideways. Monitoring the markets for clues about what’s next, I stumbled upon a key index and indicator for the economy and stock market. The Dow Jones … Read more
Praxis Trading’s Yra Harris and CNBC’s Rick Santelli discuss sovereign rates in the wake of Italy’s political turmoil. Santelli Exchange: Fragile economies, fragile bank balance sheets from CNBC.
via Bloomberg: No credit? Bad credit? Just file bankruptcy? You’re in luck! Because Angelo Christian very much wants to sell you a house. Regardless of whether or not you have demonstrated any ability to pay back debt you have already incurred, Christian is there for you. No money down. The federal government guarantees the loans … Read more
Jim Chanos talks with CNBC about shorting tesla He says that: “for most short positions you earn income” You receive the financing rate when you short an index (so you sell it above the index price) On something like tesla your short borrow costs are generally above the cost of financing so you don’t get … Read more
by cbus20122 Here are some thoughts to consider… Oil prices have risen significantly since 2017, but it’s important to consider why they have risen and whether the trend is sustainable. Oil just had a decent pullback at the end of last week which may just be a short term pullback, or could be the start of … Read more
by cataractum Source: https://www.valuewalk.com/2018/05/hayden-capital-1q18-letter-to-investors/ Undisclosed Position #1: This quarter, our partners will notice a new investment in their portfolios (it’s our first new investment in over a year). We are still building the position, so I’ll refrain from publicly speaking about the opportunity in detail8. However, I’ll note that this is a recent IPO, and is … Read more
by Martin Armstrong COMMENT: Mr. Armstrong; I have a friend in the management of the NFL. I sent him your piece on the decline of their industry and how the protests were really turning people off. Well, they have now banned protests during the game. They revised their policy mandating that players and team personnel present … Read more
By Francis Marion Does the UK currently represent the largest threat to peace, freedom, and stability in the world? Let’s have a look at the evidence shall, we? Possesses nuclear weapons. Has POSSIBLY meddled in the election of a sovereign nation/ally and contributed to an attempted coup to thwart its results. POSSIBLY. Has engaged in a process of immigration designed to, … Read more
via BI Financial markets are providing clear clues about where we are in the cycle, according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. For example, commodities are having a strong year and are the best performers so far while yields are rising and total returns are getting crushed. His … Read more
by stockboardasset Suicide is a very complicated public health issue, influenced by demographic characteristics, socioeconomic factors, as well as health- and crime-related factors. Since the Great Financial Crisis (GFC), a tsunami of suicides has swept across America, making it the tenth leading cause of death, and in 2015, accounted for more than 44,000 deaths. Understanding … Read more
“Doom loop” begins to exact its pound of flesh. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Risk. Exposure. Contagion. These are three words we’re likely to hear more and more in relation to Europe, as the Eurozone’s debt crisis returns. On Friday, Italy’s 10-year risk premium — the spread between Italian ten-year bond … Read more
https://www.youtube.com/watch?v=MkWNeME8bDM Pete Kasperowicz for the Washington Examiner reports, Sen. Ron Johnson, R-Wis., said Thursday that senior Obama administration officials assured Congress in September 2016 that Russian meddling would not stop the U.S. from holding a legitimate election, but changed their tune after Donald Trump defeated Hillary Clinton. Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/ne…
by WARREN MOSLER More weakness: Highlights Yesterday’s new home sales report showed less strength than expected while today’s existing home sales results are outright disappointing. Sales fell 2.5 percent in April to an annualized rate of 5.460 million which falls below Econoday’s low estimate. The decline in sales came despite a sizable increase in supply on … Read more
https://www.youtube.com/watch?v=bysWAYzyDTs Jim Hoft for the Gateway Pundit reports, President Trump traveled to Long Island, New York on Wednesday to host a summit about MS-13 with local leaders. Also invited were the parents of teenagers Kayla Cuevas and Nisa Mickens. Read More/Source/Credit/FairUse: http://www.thegatewaypundit.com/2018/…
by Thinker The number one word for 2018 is “TRUTH” and Trump is looking high and low for it. Now that the ball is rolling, there is only one direction to go for the sitting president and that is to support the wishes of the people. The change Obama promised never came, and the changes … Read more
by Thinker Biggest fear of deep state? Where the missing trillions is and whose pocket they went into that are surfacing with Clinton Uranium One investigation that was dropped by FBI. The hate for a president using a spy to watch him in his own home, and using positions of power, trust, and paid for … Read more
by Thinker Lawyers For Charged Russian Company Tell The Court Mueller Made It Up That Named ,Employees Work For Them https://youtu.be/Zaj34kXLlUI Via Gateway Pundit: “As reported on Wednesday, Concord Management’s lawyers revealed that Mueller’s team of ignored over 70 discovery requests they had made for information before the case. In response, Mueller’s team offered to give … Read more
https://www.youtube.com/watch?v=hpmRxiPl9YM