Spreading the truth. Empowering the people.
from Financial Survival Network Joe Messina says that just when you thought it couldn’t get any worse, Gaven Newsom is now the governor and he’s planning ever larger giveaways to illegal aliens. … Read more
Real estate is a huge problem now for investors and home owners who have gotten in way over their heads. Most people have taken on way too much debt. Many … Read more
Via @GregMannarino Interest in “bear market” as per @Google Search Trends much higher than GFC-era @SoberLook pic.twitter.com/eZSwBviRLs — Liz Ann Sonders (@LizAnnSonders) January 3, 2019 Systemic Risk is coming. t.co/59tmXKgBoM … Read more
via CNBC: Shortly after Apple slashed its revenue guidance for the first quarter, Goldman Sachs said the iPhone maker will likely have to bring down numbers for the full year. … Read more
hedge funds are getting crushed pic.twitter.com/OH4eV4k4CP — Alastair Williamson (@StockBoardAsset) November 5, 2018 pic.twitter.com/ZOFfXC0v3e — M/I_Investments (@MI_Investments) November 5, 2018 “The ETF structure isn’t really designed for a large market … Read more
via CNBC: Housing stocks are getting crushed. Two major homebuilder stock-tracking ETFs, the ITB and the XHB, are on track to post their worst years since 2008 — and some strategists see further … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is what it looks like on the ground: The home on 1704 Hurlbut in Sebastopol, Sonoma County – a pricey area a little north of … Read more
by ryeander Average employee/employer premium cost rose from $6250 in year 2000 to $20000 this year. This has rapidly outpaced actual monetary inflation by over 100% ($6250 in 2000 is … Read more
BY DEB SHAW Following spectacular data in Q3, US economy squeezes out another good quarter Trump’s Iran sanctions drive up crude oil prices, sending inflation expectations higher Despite relative weakness in … Read more
by John Ward WHAT ON EARTH COULD GO WRONG? ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I mentioned at the start of the week about the high likelihood of Brazil’s imminent economic numbers being pretty awful. But Argentina … Read more
By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The “Big Four” audit and accountancy giants — KPMG, Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC) — have found themselves … Read more
China’s economy weakened further in July, early indicators show Chart: China’s currency continues to slide and Eurozone: Consensus for growth and inflation show risks ahead
via spglobal: Singapore — The pace of growth in China’s crude imports may slow in H2 as a cocktail of lower runs at independent refiners, potential delays in the start up of … Read more
“If you think the Department of Justice has more than enough tools to wage the war on drugs, a bill passed by the House would create a fast-track scheduling system … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Why is anyone still lending this government any money? Today the Argentina peso plunged another 5.5% against the US dollar. It now takes ARS 27.7 to buy $1. Over the … Read more
