BLOOMBERG SYNDROME IN ACTION:
● Shot: Los Angeles Mayor Eric Garcetti Elected to Chair Global Climate Leadership Group. —LA’s KFI 640 AM today. ● Chaser: Some L.A. officials want a state of emergency declared as homelessness … Read more
bloomberg
Bloomberg’s Hit Piece On Trump Official Is Why Americans Distrust The Media.
via thefederalist: In other words, Penn admitted the entire point of his reporting was to get a Trump appointee fired. In the article, Penn explained that Olson was part of the … Read more
Bloomberg: German Unemployment Jump Adds to Pressure for Fiscal Stimulus
www.bloomberg.com/news/articles/2019-08-29/german-unemployment-jump-adds-to-pressure-for-fiscal-stimulus?srnd=premium The number of people out of work increased by 4,000 to 2.29 million in August, the fourth straight month that joblessness failed to drop after six years of almost … Read more
Bloomberg Reports ‘Hong Kong Protests Are a Long-Term Story for Markets’
August 14, 2019– Isaac Stone Fish of the Asia Society unpacks the recent unrest in Hong Kong in an interview with Taylor Riggs and Tom Giles of Bloomberg Technology. In this video … Read more
According to Bloomberg, of the 1600 firms giving 1st half guidance, 40% predicted a drop in earnings. That E in your PE ratio is trending lower & “cheap” is relative.
via Trinh Nguyen: Worst sectors in H1: a) Petroleum processing -56%(worsening)🥶 b)Other mining -44% (improving) c) Non ferrous metals -38(improving) d) Chemical fibers -25% (worsening)🥶 e) Metal products -15 ((worsening)🥶 … Read more
Get Ready for the World Economy’s Biggest Week of 2019 [Bloomberg]
Some Fed watchers predict officials will cut their benchmark by half a percentage point, but the signal is that they will eschew a bigger move in favor of a quarter point … Read more
Peak Bloomberg Syndrome Reached
Shot: Bill de Blasio: The federal government should pay for gender reassignment surgery. —The Washington Examiner, today. Chaser: It takes the city more than a year to fix a sidewalk, audit finds. —The New … Read more
Amazon U.S. Online Market Share Estimate Cut to 38% From 47% (Bloomberg)
Researcher EMarketer reduces estimate after Bezos disclosure Amazon remains by far the largest online retailer in the U.S. bloom.bg/2WK0Qah
Bloomberg gives $500M to shut down every US coal plant by 2030
by DCG Man on a mission to destroy the US coal industry. From Yahoo: Michael Bloomberg, the former mayor of New York City, will donate $500m to a new campaign to close … Read more
Will Chinese Tech Giants (alipay, we chat) enter our banking system? Bloomberg Thinks so!
You don’t need to watch the video or response: Essentially the argument is China has switched to a cashless economy and will the U.S. Arguments for why the US will: … Read more
Bloomberg interview, Shipping, Lending, Profits, Trade, Pending home sales
by WARREN MOSLER Interest-Rate Policy Is Backward, Modern Monetary Theory Pioneer Mosler Says Under consumption identity: for ever agent that spent less than his income, another must have spent more, … Read more
BLOOMBERG (opinion): “The New Right Is Beating the New Left. Everywhere. From Australia to Europe, the signs are multiplying that conservative po
BLOOMBERG opinion “The New Right Is Beating the New Left. Everywhere. From Australia to Europe, the signs are multiplying that conservative populism is on the rise.” Sometimes political revolutions occur … Read more
Is Bloomberg the new Barrons? From Jan 2018… and from Friday
Is Bloomberg the new Barrons? From Jan 2018… and from Friday pic.twitter.com/0vGfw0djtm — zerohedge (@zerohedge) May 6, 2019
‘The Envy of the World’- Bloomberg Cites ‘the Endless Rally’
by Jesse “Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.” Richard M. Salsman … Read more
Bloomberg: U.S. Banks’ Bad-Debt Pile Creeps Higher With Credit-Card Losses
www.bloomberg.com/news/articles/2019-05-01/u-s-banks-bad-debt-pile-creeps-higher-with-credit-card-losses?srnd=premium For now, there’s no cause for panic. The strong U.S. economy and low unemployment means most consumers are able to stay current on debt payments — new foreclosures and … Read more
The Warfare State Uber Alles—Even Bloomberg Is Hosting Pentagon Shills
via fair.org: You may not know it, but bloated Pentagon budgets are actually “progressive.” Or so says a recent opinion piece in Bloomberg News (3/17/19), “Progressives Should Learn to Love the Pentagon Budget,” by … Read more