Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed will keep tightening until these junk bonds buckle. High-grade corporate bonds have had a hard time. Yields have surged as prices have fallen. The S&P bond index for AA-rated corporate bonds is down 3.2% so far this year. Losses are concentrated on bonds with maturities of 15 years and over. They’re … Read more
by Veranova There are very few chip makers in the world, and AMD is one of them. Intel is losing its performance lead in the desktop market AMD drives every major games console AMD is benefiting from blockchain technology (which won’t be dying in the immediate future, but that’s another debate) AMD is a downtrodden stock … Read more
by TFittonJW Fitton: You can bet Obama knew about Spygate. And earlier today on FBN: https://video.foxbusiness.com/v/5789363010001/?#sp=show-clips
New homes sales have declined and now we are seeing existing homes declining. Trump is now distancing himself from Mnuchin, is Mnuchin the next person to be fired? FDIC is preparing for the next credit crisis, the corporate media is reporting profits but this only because of the tax breaks, there have been no profits … Read more
Jodi Daniels, data privacy expert and former SVP of Enterprise Privacy Compliance at Bank of America, explains the fundamentals of GDPR and what IT must do to comply. Jodi is also the founder of Red Clover Advisors, a data privacy consultancy that assists companies with GDPR compliance, operationalizing privacy, digital governance, and online data strategy. … Read more
Susan Rice on the board? Wow. Then they got Obama. Bet they thought they were pushing the envelope. So the most divisive president of all time says he wants to bring people together via Netflix? Isn’t that like telling people that if they like their health care plan they can keep it? Barry, didn’t your … Read more
SPOKANE, Wash. – Former Spokane Chapter NAACP President Rachel Dolezal is now facing legal trouble that could land her behind bars. KHQ has confirmed that Dolezal, who legally changed her name to Nkechi Diallo in 2016, is accused of 1st Degree Theft by Welfare Fraud, Perjury in the 2nd Degree, and False Verification for Public … Read more
via PJmedia: With one thing and another, I hadn’t been to the doctor recently — looking for that affordable health insurance I’d been promised, working irregularly as a freelance, that sort of thing — and I’d particularly been putting it off because I had thought, based on my bills when I had insurance, that it … Read more
Explosion at Indian Restaurant Outside Toronto Appears to Be a Bombing. Canadian police are investigating an explosion at the Bombay Bhel Indian restaurant in Mississauga, near Toronto, earlier this evening. According to police, two men entered the restaurant and set off an incendiary device, wounding 15. Three of the victims are critical. Peel Regional Police … Read more
via powerlineblog: Hoo boy, it’s been almost three years since last we checked in on the total fraud of Rachel Dolezal, the white woman who pretended to be black in Spokane, Washington, parlaying her ethnic identity theft into the presidency of the local chapter of the NAACP. I suppose we shouldn’t be surprised that someone who could … Read more
via dailycaller: Political donations from those who work at the Department of Justice (DOJ) overwhelmingly favor Democratic candidates so far this cycle, data shows. Individuals at the DOJ have contributed a total of $192,534 so far this election cycle, with $159,800 (83 percent) of this amount going to Democrats. Republicans, on the other hand, have been … Read more
via theconversation: Maduro is not alone in the world. In recent years, Venezuela has rebuilt its strategic global alliances, giving clear preference – in the form of oil diplomacy and insider access to Latin American politics – to countries that share Maduro’s world view and governing style. The regime’s relationships with the authoritarian governments of … Read more
by Michael Snyder Today, America is nearly 70 trillion dollars in debt, and that debt is shooting higher at an exponential rate. Usually most of the focus in on the national debt, which is now 21 trillion dollars and rising, but when you total all forms of debt in our society together it comes to … Read more
Bitcoin was established nearly 10 years ago. Since then, crypto and digital currencies have spent the majority of their existence on the fringes. A tech-savvy minority were the first adopters of the decentralized blockchain technology. However, with the many stories of huge financial gains, and a technology that has proven time after time how useful … Read more
by stockboardasset Norwegian salmon spot prices just tagged a historical high as faltering supply combines with increasing global demand. This has unleashed a perfect storm sending prices above a multi-year neckline of NOK 70 (€7.48/$8.66), and tagged fresh highs around NOK 80 (€8.40/$9.90) — however, this price surge is not sustainable and unlikely to last for … Read more
via John Mauldin I recently wrote about a looming credit crisis that’s stemming from high-yield junk bonds. The crisis itself will have massive consequences for investors. But that’s not the worst part. The crisis will create a domino effect and trigger global financial contagion, which I usually refer to as “The Great Reset.” The collapse of high-yield … Read more
by visualcapitalist The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Industrial robots have come a long way since George Devol invented “Unimate” in 1961. After pitching his idea to Joseph Engelberger at a cocktail party, the two soon saw their new creation become the first mass-produced robotic arm to be used in factory … Read more
https://www.youtube.com/watch?v=yd6cqJqygt0 The topic of student loan debt seems to fiercely divide people – even those who typically agree along ideological lines. Stefan Molyneux reviews a recent article titled “I’ve Paid $18,000 To A $24,000 Student Loan, & I Still Owe $24,000” and discussed the absolute horror of what propaganda has done to the next generation. … Read more
Amazon is partnering with police agencies and intelligence agencies to provide them facial recognition technology that can track and surveil the entire public. The ACLU (American Civil Liberties Union) is ringing alarm bells trying to get people to take notice of this incredibly oppressive technology that the world’s richest man Jeff Bezos and his corporation … Read more
