Spreading the truth. Empowering the people.
Until July 9. Clover disclosed that day it had lost two key customers and hired advisers to study its options. The price of its loan quickly plummeted from 97 cents … Read more
Skip to 55 seconds to see the report. This report is well done. h/t supporter
by Chris Vermeulen of The Technical Traders Recent news that Theresa May was unable to convince members of Parliament to even consider her current deal as well as the future political and societal … Read more
Look at this chart: ratio of “present situation” to “expectations” from the Conference Board confidence report. Cut-and-dry sign of a tapped-out consumer. A great leading indicator at turning points because … Read more
via Zerohedge: Earlier this month, when we reported that in the latest warning about China’s housing sector, the Communist Party’s People’s Daily warned that China’s regional economies need to reduce … Read more
by David Haggith It’s downright wintry on Wall Street right now. Firmly establishing the worst start of a December for the US stock market in 38 years, all three major stock indices … Read more
by John Coumarianos Asset manager Cliff Asness recently wrote an op-ed piece in the Wall Street Journal wondering if those who decried companies buying back their stock didn’t suffer from “buyback derangement syndrome.” Asness allowed … Read more
A high-risk blinking contest no one wants to lose. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. A messy, no-deal Brexit could throw 48 million insurance contracts and £26 trillion … Read more
by Charles Hugh Smith The signs are everywhere for those willing to look: something has changed beneath the surface of complacent faith in permanent growth. This is more intuitive than … Read more
by Gordon T Long SELF INFLICTED ABUSE In the fall of 2015 we released a video study entitled: “The Coming Global Auto Abyss – Too Much Supply, Too Many Brands; Combine … Read more