GE profit tops estimates, shares rise in ‘relief rally’

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https://www.reuters.com/article/us-ge-results/ge-profit-tops-estimates-shares-rise-in-relief-rally-idUSKBN1HR1H1 General Electric Co (GE.N) posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits, sending shares sharply higher in premarket trading. …company’s aviation, transportation and healthcare businesses produced double-digit profit growth in the quarter, boosting overall results. Profit at GE’s power business fell … Read more

The Power Of Mainstream Narratives

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by Daniel Carter Most of us would like to think that we’re individuals, that we are above the influence of group pressure and that we view the world objectively. In reality, we are often under the influence of powerful people that we do not know for reasons that we do not understand. As long as civilization … Read more

Warfare: Where It’s Been And Where It’s Going

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by Daniel Carter “War was always here. Before man was, war waited for him. The ultimate trade awaiting its ultimate practitioner.” – Cormac McCarthy It doesn’t take a biologist to see that mother nature has cruel and violent tendencies. Consider some of the fiercest competitors in the animal kingdom, such as apes, crocodiles, bears, snakes, hippos … Read more

The War between Public Pensioners and Tax Donkeys Is Heating Up

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by Charles Hugh-Smith The migration is only beginning, but that’s only half the story. You know it’s serious when the newspaper of record finally reports it: A $76,000 Monthly Pension: Why States and Cities Are Short on Cash (New York Times). It’s a long article but the summary is brief: corrupt politicos promised the moon to public employees, and now … Read more

If you’re ripped off by Comcast (or any internet company), Wells Fargo (or any bank/student lender), or Aetna (or any health insurance company), here’s how to get your money back.

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by listenlindalinda Adding more resources below and an ask to share this post with people who might need it. — All of these companies are regulated — a government agency is paid by your taxes to make sure you’re not ripped off. These companies also rip you off in small amounts in part because they … Read more

The Bears Don’t Take The Stairs

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It took 19 months (6/16-2/18) for the #SP500 to gain 44% and less than two weeks to lose nearly 10%   It took the SP500 five years (10/02-10/07) for the SP500 to gain 100% and only 18 months (10/07-03/09) to give it all back (and more). h/t @OccupyWisdom “We [the Fed] have been suppressing the … Read more

The real reason Dave Ramsey is against Index funds.

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by MedicalLabScientist I always knew that the reason Dave Ramsey gave horrible investment advice to his listeners by advocating loaded mutual funds over low cost index funds was because he made money off the referral fees. However the actual amount he makes is staggering… http://www.investmentnews.com/article/20170407/FREE/170409952/advisers-profit-through-association-with-dave-ramsey-x2014-but-not Advisers are paying about the same amount under the new program … Read more

More Signs Of The Inevitable Economic Collapse: Japan & Russia Are Dumping U.S. Treasuries

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from World Alternative Media Josh Sigurdson talks with author and economic analyst John Sneisen about the recent evidence that Japan is in fact the one dumping U.S. treasuries. For quite some time, misleadingly it has been believed that China was indeed the one dumping U.S. treasuries. Well China has actually bought up 8.5 billion dollars worth … Read more

Fund Manager: Subprime Mortgages Have Come Roaring Back

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By Dave Kranzler of Investment Research Dynamics …Only this time around they are sponsored by the U.S. Government and guaranteed explicitly  by the Taxpayers.  I say “explicitly” because Government agency-issued mortgages are directly guaranteed.  In 2008, the Government bailed out the banks who had issued subprime mortgages and related derivatives, but the Taxpayer never signed up for the … Read more

The Theory of Inflation is Completely Wrong

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by Martin Armstrong QUESTION: Dear Mr. Armstrong Firstly, thank you for your insights and forecasting. I am not really in a position to properly capitalize on them, but all information is useful. The Labour government of New Zealand is conducting a taxation review. They have called for submissions and although I realize mine won’t make … Read more

Investors Wary Of Potential For Inverted Yield Curve

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via Carl Surran The tightening yield spread is raising concerns among investors and Fed officials, as the phenomenon may indicate skepticism about the longer-term outlook for U.S. economic growth and inflation. The yield curve from five to 30 years continued to flatten Wednesday to as little as 29 basis points, the narrowest spread since 2007, and the … Read more

Key DOJ and FBI Names Likely to Surface Amid IG Investigative Reports and Referrals…

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by sundance With Inspector General Michael Horowitz submitting a criminal referral for fired FBI Deputy Director Andrew McCabe; and with knowledge of federal prosecutor John Huber paralleling Horowitz for months within the investigation; it might be worthwhile going through the names of some officials likely to surface in the next few days/weeks. The most interesting people in the … Read more