2018 Is the First Year Since Dot Com Bust Where “BTFD” Has Failed; JPM Says Cash Better Than Stocks for First Time in Decade

2018 is the first year since Dot Com bust where "BTFD" has failed pic.twitter.com/vaGKmrdI9a — Alastair (@StockBoardAsset) December 4, 2018 https://twitter.com/OccupyWisdom/status/1069990045925470208 pic.twitter.com/k5F1aTaqTV — Alastair (@StockBoardAsset) December 4, 2018 Yesterday's U.S. yield-curve inversions do not appear to be a fluke, as …

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The Flattening Yield Curve Just Produced Its First Inversion since 2007

https://www.bloomberg.com/news/articles/2018-12-03/the-flattening-yield-curve-just-produced-its-first-inversion Some analysts attributed the short-end underperformance to demand for riskier assets as global trade tensions eased following this weekend’s tariff truce between U.S. President Donald Trump and China’s Xi Jinping. Others pinned it to modestly higher expectations for Fed …

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The first signs of the next recession

via newstatesman: After a long period of economic expansion, a slowdown has begun. But in an era of high debt and low interest rates, states have little ammunition to deploy. recession always comes in the end, but the matter of foretelling when …

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Will Housing Be the First Domino to Fall?

By Lance Gaitan Early this week, the market shook off Thanksgiving blues and started with a bang! Stocks bounced sharply, and Treasury yields moved up in tandem. Last week’s start was a different story. Stocks fell sharply. Treasury bonds were mostly …

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THE FIRST CULTURE WAR

How the First World War sowed the seeds of identity politics. As we mark the hundredth anniversary of the end of the First World War, it is clear that the moral wounds it inflicted on Western culture have not healed. …

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For the 17th Straight Quarter, US Household Debt Increases; Delinquencies at 7-Year High… First Auto, Then Credit, Now Student Debt Delinquencies Tick Up

via calculatedriskblog: From the NY Fed: Total Household Debt Rises for 17th Straight Quarter The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased …

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WINTER’s COMING: First snow in New York, USA, COMPILATION

https://youtu.be/hOhCwTu8qIA New York Today: More Snow Commute Chaos on Buses and Trains https://www.nytimes.com/2018/11/16/nyregion/newyorktoday/port-authority-nj-transit-snow-commute-nyc.html https://abc7ny.com/weather/accuweather-alert-snowfall-totals-as-the-noreaster-moves-out/4670699/ Cars Stuck on Snow Covered Streets in New York City Amid Storm Chaos https://www.nytimes.com/2018/11/16/nyregion/newyorktoday/port-authority-nj-transit-snow-commute-nyc.html Mariah Carey blasts out ‘All I Want for Christmas is You’ during …

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The press functions as a guild. It’s not defending the First Amendment — and it’s happy to flush your First Amendment rights — it’s defending guild privileges.

NINA BOOKOUT: Ted Olson Is Wrong, It’s About Acosta’s Behavior NOT The First Amendment. The press functions as a guild. It’s not defending the First Amendment — and it’s happy to flush your First Amendment rights — it’s defending guild privileges. …

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It’s Only A War On The First Amendment When Republicans Criticize The Press, Not When Democrats Openly Threaten Arrests For Reporting

Weird. The Palm Beach elections supervisor threatened to arrest reporters and it’s not a bigger story. #PalmBeachCounty elections supervisor bans media cameras from public ballot counting & threatens them with arrest. How much more will it take to convince skeptics …

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First AI newsreader

IN a world first, a Chinese state news agency has created a virtual newsreader that works 24/7 and says whatever it is told to. The AI’s looks are closely modelled on a real news anchor, and its lips are matched …

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BOOM: Holiday sales predicted to surpass $1 Trillion for first time…. BUST: Americans take out $50 billion in payday loans a year

Total retail sales in the U.S will hit $1.002 trillion during the Christmas holiday period, marking the “strongest growth since 2011,” according to eMarketer. In-store sales are forecast to rise 4.4 percent year-on-year, while e-commerce sales are predicted to grow …

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