Can’t Misconstrue Blankfein’s Words: “Central Banks Around The World Are Buying All The Risky Assets”

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from Zero Hedge We can finally put to rest any financial, economic, ideological or simply philosophical debates why stocks have risen over 300% since the March 2009 post-crisis lows of 666, and we have Lloyd Blankfein’s underperformance mea culpa to thank for putting it so simply and succinctly, even a majority of fintwit might actually get it. From … Read more

Air Force Awards $1 Billion Contract For ‘Hypersonic Conventional Strike Weapon’

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by stockboardasset The United States Air Force has awarded Lockheed Martin, an American aerospace, defense, security and advanced technologies company, with a $928 million contract to design and prototype new hypersonic missiles. These high tech missiles can travel five times the speed of sound and outmaneuver the most advanced missile defense shields in the world, announced … Read more

You’ll Be Shocked to See the Deductions You’ve Lost Under the New Tax Bill

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BY JOHN MAULDIN The Republican Congress had to scramble to find additional sources of revenue in order to make up tax reductions for corporation and lower tier income groups. And they found some of that revenue by taking away deductions. There are literally scores of smaller deductions that you were previously able to itemize that will not … Read more

The clearest example of why legal weed is a bad investment — Oregon farmer’s grew 3x the amount that whole state smoked

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by unfixablesteve It’s literally a weed and grows like one. A recent Sunday afternoon at the Bridge City Collective cannabis shop in North Portland saw a steady flow of customers. Little wonder: A gram of weed was selling for less than the price of a glass of wine. The $4 and $5 grams enticed Scotty … Read more

The Moment When Stocks Figure Out That Soaring Yields Are Not Good

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$SPX cannot handle soaring UST10Y @ 2.911 pic.twitter.com/O1Qqp3BoUt — Alastair (@StockBoardAsset) April 19, 2018 the moment when $SPX figures out that soaring yields are not good pic.twitter.com/wzkXguRSxI — Alastair (@StockBoardAsset) April 19, 2018 The UST10Y looks like it wants to explode higher pic.twitter.com/4UqjkhCzJX — Alastair (@StockBoardAsset) April 19, 2018 Glancing at the platform, it seems … Read more

SHOCK: PEAK S&P500 P/E MULTIPLE?

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via the MacroTourist Let’s talk earnings for a bit. Specifically, how the 2017 tax cut affected S&P 500 earnings. We all know the story. America’s corporate tax rate was uncompetitive and created distortions in the economy that prevented companies from investing in the U.S. The Tax Cuts and Jobs Act of 2017 was designed to level … Read more

Over 95% Of World’s Population Breathing Dangerously Polluted Air, Says New Report

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by stockboardasset Most of the world’s population resides in regions where air quality contains life-threatening pollutants. An estimated 95 percent of people are breathing unhealthy air where ambient (outdoor) fine particulate matter concentrations (soot particles) surpass the World Health Organization’s Air Quality Guideline of 10 µg/m3, a new report has discovered. Almost 60 percent of the world’s population … Read more

Justice Dept Inspector General Sends Criminal Referral of Andrew McCabe to U.S. Attorney…

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by sundance Multiple media outlets are now confirming the DOJ Office of Inspector General, Michael Horowitz has sent the U.S. Attorney a criminal referral over the unlawful issues which led to the firing of FBI Asst. Director Andrew McCabe. (Via CNN) The Justice Department’s inspector general has sent a criminal referral regarding former FBI Deputy Director Andrew McCabe … Read more

Comey Confirms – There is a deep state…

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There IS a deep state says Comey: Fired FBI director says Trump is RIGHT – but ‘unchangeable’ FBI, CIA and military love American values and are NOT trying to bring down ‘elected leadership’ James Comey kicked off his nationwide book tour to promote his memoir, ‘A Higher Loyalty’, which sharply criticizes Donald Trump, in New … Read more

The State of Earth’s Climate & Unprecedented Warming in the Arctic 2018

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This is compilation of Ice and snow data for the northern and southern hemispheres in terms of coverage, heat or cold anomalies, and unusual findings. Topics covered are , Hemispheric snow coverage extent, ice volume in Arctic and Antarctic, Zonal Winds, solar cycles, grand solar minimums, grand solar minimum timeline, crop losses, icebergs, Hudson Bay … Read more

SPD to Impose Marxism on Germany

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by Martin Armstrong The SPD in Germany is a left-wing socialist party that still believes in exploiting the rich in true Marxist fashion. Now that the SPD gained power in a coalition with Merkel, the German economy is in perfect alignment with our Economic Confidence Model pointjng down into 2020. The SPD leadership has made it … Read more