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Greece’s parliament on Wednesday began debate on a resolution to demand the payment of German war crime reparations. The issue has long been disputed by Berlin. ‘These demands are always … Read more
by confoundedinterest Negative duration bets? Financial markets are coming undone. (Bloomberg) — Average duration in Templeton Global Bond Fund shortened to -2.21 years by end of first quarter, from – 1.6 years at end of … Read more
The evidence continues to pile up. Investors have been selling US equities. This is going at a record pace. They’re selling US debt. Economic indicators are pointing to a slowdown … Read more
by Spencer P Morrison, NEE From Remittances: Illegal Immigration’s Hidden Tax: To be clear, it’s impossible to know exactly how much money illegal immigrants remit annually. There are three reasons for this. … Read more
And that’s Not all below is table of how other so call tech Unicorns are doing. (Dec. 2018) COMPANY IPO OFFER PRICE. FIRST-DAY CLOSE CURRENT PRICE ZYNGA $10.00 $9.50 $3.63 SNAP … Read more
www.cnbc.com/2019/04/13/analysts-dont-know-what-to-make-of-ubers-100-billion-valuation.html Analysts got their first look into Uber’s financials on Thursday, but they still are unsure whether they justify a $100 billion valuation. Uber posted an adjusted EBITDA loss of … Read more
by Martin Armstrong The evidence of political pressure on Ecuador is surfacing. The IMF Executive Board Approved US$4.2 Billion (435% of quota and SDR 3.035 billion) Extended Fund Facility for Ecuador. The … Read more
I Love My Freedom reports, President Donald Trump is planning to send a $23.6 billion message to Mexico, and illegal aliens will be effected the most by the move. The … Read more
by Jim Quinn You will find more infographics at Statista Uber filed for its highly-anticipated IPO on Thursday, providing the general public with a first glimpse of its explosive growth and piling … Read more
Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, April 12, 2019 General Electric Agrees to Pay $1.5 Billion Penalty for Alleged Misrepresentations Concerning Subprime Loans Included in … Read more
by Playaguy Here is the money bit. ASHINGTON – The International Monetary Fund on Monday approved a $4.2-billion, three-year loan for Ecuador, part of a broader aid package to help … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But it had big tax benefits and one-time gains. And Uber Eats is hot, so to speak. Uber Technologies’ IPO filing was made public today. The … Read more
by Spencer P Morrison, NEE “Consumers are paying the price” for President Trump’s tariffs, CNN claims. Millions will feel the pinch; many thousands will lose their jobs. What CNN fails to mention is … Read more
via CNBC: One long-lasting impact from the crisis — caused in part by irresponsible bank behavior — is suppressed interest rates, Wells Fargo analyst Mike Mayo wrote. “It’s absolutely a … Read more
Individual tax refunds this year have been only slightly smaller than last year, but those shortfalls are adding up. At the end of last month, the amount of money the … Read more
by Jim Quinn So the deficit is up $700 billion in the first six months, but the CBO is predicting a $900 billion deficit for the full year. With the … Read more