Investment Watch Blog

The manufacturer of the nation’s second-best-selling anti-depressant must pay $8 million to the relatives of a man who killed himself and three others after taking the drug Paxil, jurors said. Jurors in U.S. District Court considering the wrongful death civil suit returned a verdict against SmithKline Beecham today. They received the case Tuesday afternoon. Relatives … Read more

Overvalued $SPX. This won’t end well… Libor Rate surging as US & EU Financials Stall out Could >3% on UST10Y be nearing? h/t @StockBoardAsset https://twitter.com/OccupyWisdom/status/971543249671413761 https://twitter.com/OccupyWisdom/status/971540412598013953 Are Subprime Debt Slaves, a Leading Indicator, Worrying the Fed?: https://t.co/fRjEqOEuNt by @wolfofwolfst $COF $AXP pic.twitter.com/y5fdvcRCYs — Jesse Colombo (@TheBubbleBubble) March 6, 2018 Yield Spread Sends “Recession Warning”: https://t.co/o1qDb98B1A by … Read more

by Time2help Israel is trying to ‘suck America into’ Iranian war that could lead to world war — Lawrence Wilkerson (Mondoweiss) Quote: “Wilkerson, a retired army colonel who now teaches government at Washington-area universities, served Powell during the runup to the Iraq war. He spoke last Friday at the annual Israel lobby conference at the National Press … Read more

Gibson Guitar is now planning a serious workforce reduction to meet growing debt pressures. As Gibson Guitar slides deeper into debt — and closer towards bankruptcy — some drastic cost-cutting appears imminent.   Earlier this month, the Nashville-based guitar maker started trimming jobs at its prestigious Custom Shop.  But according to sources tied into the broader operations realignment, a … Read more

Many have speculated that this this tariff issue will crash the stock market and it will be Trump who takes the blame. What do you think? The last time tariffs were implemented, the stock market crashed. That wasn’t the only factor of course, but it certainly didn’t help. With globalization fully intact, the market demands … Read more

Has Europe really recovered?   h/t @StockBoardAsset

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Investors are still blowing off the Fed. But not much longer. CVS Health Corp. sold $40 billion of bonds on Tuesday to help fund its $69 billion acquisition of Aetna, which is still pending regulatory review that may conclude later this year. CVS will also obtain a $5 billion loan, use … Read more

https://www.youtube.com/watch?v=9Vfih1Wn9rY Cristina Laila for the Gateway Pundit reports, President Trump brought the pain from his Twitter account this week. The president unleashed on Obama’s criminal administration for investigating him with “zero proof of wrongdoing” in an effort to discredit him so Crooked H could win the election. Read More/Source/Credit/FairUse: http://thegatewaypundit.com/2018/03/b…

Here are a few links that are probably unrelated to one another. https://www.rollingstone.com/politics/news/outrageous-hsbc-settlement-proves-the-drug-war-is-a-joke-20121213 https://www.hannity.com/media-room/obama-on-edge-trumps-doj-to-release-hidden-fast-and-furious-documents/ As a result of a dispute over the release of Justice Department documents related to the scandal, Attorney General Eric Holder became the first sitting member of the Cabinet of the United States to be held in contempt of Congress on … Read more

https://www.youtube.com/watch?v=OIIQ_xOg-CE Fast and Furiously throw them in JAIL!

Bill Gates: We will have another financial crisis like the one in 2008—it’s a ‘certainty’. The wealthy get the real data, not the propaganda the teevee spews. The 2008 financial crisis led to the Great Recession and millions of jobs lost. It took years for America to recover and many citizens still feel the ripple effects. According … Read more

I love how John Coleman, co-founder of the Weather Channel says it’s a hoax and a political platform. I’ll still be cautious of my footprint and waste though. h/t TheCIASellsDrugs

by Spencer P Morrison, NEE President Trump Promised Tariffs, Let’s Hope he Delivers In 1988 Donald Trump told Oprah Winfrey that America was being “ripped off” by its trading partners. Between 1979 and 1988 nearly 2 million Americans lost their manufacturing jobs to cheap, government-backed Japanese competitors. The audience applauded. Three decades later and nothing has changed: America … Read more

Markets vs Centrally Planned economies – It is all about the incentives (Link to Antony’s Book Procrastination Annihilation below) https://www.beyourselfandloveit.com/e…  

Peter Schiff, Released on 3/7/18 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall … Read more

John Rubino interviewed on Future Money Trends There is so much economic turmoil and uncertainty simmering under the surface that it’s hard to keep up with it all, but John Rubino can put the pieces together like few can. John says there’s a huge crisis that’s coming ahead, both for President Trump and for the economy. From … Read more

by gerold The rich are rich because they’re smart. The corollary is that the poor are poor because they’re stupid (see ‘Notes’ at end.) I admit that’s harsh. But, that’s life. Get used to it. Learn from it so you don’t become stupid and poor. We get rich by spending less than we earn. We don’t … Read more