by Richard Rosso The spectacle of modern investment markets has sometimes moved me towards the conclusion that to make the purchase of an investment permanent and indissoluble, like marriage, except by reason of death or other grave cause, might be a useful remedy for our contemporary evils. For this would force the investor to direct … Read more
https://www.youtube.com/watch?v=V1EuMvQk3ho https://volcanoes.usgs.gov/volcanic_a… Electric crews are standing by in case ash falling across the Ka’u District triggers power outages. Hawaii Electric Light said a light dusting of ash and moisture on utility insulators could result in electrical short circuits.
by jessefelder A couple of weeks ago Berkshire Hathaway held its annual shareholders meeting known to many as the “Woodstock for Capitalists.” I have never attended (I don’t like crowds) but I’m always curious to know what Warren Buffett and Charlie Munger have to say at the event. The two tweets below struck me as … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Japan systematically dumps US Treasuries while China hangs on. China increased its holdings of US Treasury bonds, notes, and bills by $11 billion in March to $1.19 trillion, the highest since October last year, according to the Treasury Department’s TIC data released Tuesday afternoon. Thus China is the number one holder … Read more
The CEO is selling that $20 billion valuation to a lot of smart, rich guys. But WeWork’s entities are known as SPE’s (“Screwing Probably Expected”), and its landlords will be the first to go down. By John E. McNellis, Principal at McNellis Partners, for The Registry: Wall Street’s biggest houses hawked $702 million in junk bonds for WeWork. … Read more
https://www.youtube.com/watch?v=AG0-ZFcY9FQ Trump team ready to ‘pressure’ Mueller at probe’s one-year mark Giuliani bristled at the idea that the Mueller probe could last beyond the 2018 midterms, let alone go on for several years more. “I think that’d be absurd,” he told POLITICO. “If we’re talking about the public having some degree of toleration for it … Read more
by Ruby Henley WOW! One for the citizens of the world! Thank you, Senate – you have my heart. Where do we go from here? Spread the word – there is still hope to save Net Neutrality for the citizens of the Internet. But it gets harder now, and we must speak out. Next … Read more
by whitethunder9 I started trading options with actual money May of 2017. I keep notes as I trade so I thought I’d share some of the lessons I learned along the way, going from noob to an intermediate level. Interested in your thoughts and criticisms. I should note that I am almost exclusively a premium … Read more
https://twitter.com/davidbcollum/status/996174507969843200?s=11 Notes From Underground: The Mother of All Debt Crises Everything in global financial crisis emanates from too much debt being unable to be serviced. The current situation in Argentina is that the state and private sector borrowers won’t be able to pay the INTEREST on its dollar-based loans as the PESO weakens. It takes more domestic currency to … Read more
by contezpablinos I have been following the situation in China passively, catching up on a few articles and reading a few fund letters like Kyle Bass And its been posted here a few times too… The overall narrative on Chinese debt is that the government is implementing tough sanctions and really curbing in the debt… … Read more
From Bloomberg: The cloud over Tesla continues to darken. Morgan Stanley analyst Adam Jonas, a one-time ardent bull, continues to wave the caution flag, slashing his price target due to troubles in the electric-car maker’s production process for the Model 3 sedan. “The challenges in ramping up Model 3 production reflect fundamental issues of vehicle design, … Read more
#BREAKING: Special counsel Mueller’s team has informed President Trump’s attorneys that they have concluded that they cannot indict a sitting President, according to Trump lawyer Rudy Giuliani – CNN https://twitter.com/AlBoeNEWS/status/996866310494539776 (CNN)Special counsel Robert Mueller’s team has informed President Donald Trump’s attorneys that they have concluded that they cannot indict a sitting president, according to the … Read more
via breitbart: With week two of May 2018 now in the books, we find that CNN’s ratings have collapsed even more than last week, close to -30 percent in total viewers and an astonishing -35 percent in demo viewers. Before we get to the numbers, I should add that CNN is an outlier; meaning its stunning ratings collapse … Read more
by Jesse “So we may not be that far away from the next bubble bursting, and I could imagine, if I think about policy, what we just talked about, with the end of a recovery cycle, we’ve pumped $4 trillion in this country, $30 trillion globally, into the economy with monetary policy. So that’s tapped … Read more
https://www.youtube.com/watch?v=1UjgVMxNXDA Joel Skousen joins Alex Jones to read Congressman Hon. A.S. Herlong Jr.’s 1963 list of 45 communist goals that he presented in an attempt to warn America about the dangers of the movement.
https://twitter.com/Jim_Jordan/status/996821093146120192
by sundance Inspector General Michael Horowitz has submitted the “Draft Report” of his OIG investigation to the principals involved. The IG investigation encompasses the FBI and DOJ conduct during the 2015/2016 Hillary Clinton investigation. The Draft Report encompasses the findings. The Draft Report review is the last review phase prior to the Final report being released. … Read more
by stockboardasset Russia’s new weapons for the modern battlefield, including an array of hypersonic missiles and the latest nuclear systems, will secure the country’s security for many decades, President Vladimir Putin said Tuesday at a conference with top military officials. Speaking in Sochi, Putin said the brand-new weapon systems unveiled this year will significantly expand Russia’s military capabilities … Read more
In Pennsylvania, the state’s all-male congressional delegation is poised to gain several female additions, as women swept to House Democratic primary victories in a number of Democratic-leaning and contested districts. In Nebraska, another woman — a Bernie Sanders-style liberal the party fears could harm its chances of winning back the House this fall — narrowly … Read more
Explosions intensified on Hawaii’s Kilauea volcano on Tuesday, spewing ash and triggering a red alert for aircraft for the first time since the latest eruption began 12 days ago. Ash and volcanic smog, or vog, as it is called, rose to 12,000 feet (3,657 meters) above Kilauea’s crater and floated southwest, showering cars on Highway … Read more