this is STRONGMAN SHELFORD REPORTING LIVE FROM ARGENTINA. OUR COUNTRY GOT CRAZY AND NOW THEY WANT TO TAKE INFLATION AND DEVALUATION DOWN. SO THEY ARE TAKING PESOS out of the market and forcing banks to buy a 70% interest rate …
via @OccupyWisdom: https://twitter.com/OccupyWisdom/status/1046595330131861504 https://twitter.com/OccupyWisdom/status/1046595336045826048 https://twitter.com/OccupyWisdom/status/1046595342790250496 https://twitter.com/OccupyWisdom/status/1046595349417271296 https://twitter.com/OccupyWisdom/status/1046595368841093120 https://twitter.com/OccupyWisdom/status/1046595385865785345 Bonus: Your Central Bank Can’t Save You Next Time Bloomberg–7 hours ago Unless there can be an adult conversation in America over negative interest rates — the counterintuitive idea of borrowers getting paid and savers …
Gallup: Forty-five percent of Americans now have a favorable view of the Republican Party, a nine-point gain from last September’s 36%. It is the party’s most positive image since it registered 47% in January 2011, shortly after taking control of …
From Hong Kong’s South China Morning Post: Hong Kong residents were told to be ready for Super Typhoon Mangkhut by Saturday night as the Observatory warned winds would pick up sharply after midnight, with a typhoon No 10 signal possible …
Federal data released Wednesday show that California has the highest poverty rate in the nation. The Census Bureau’s Supplemental Poverty Measure (SPM) for 2017estimates that California’s poverty rate is at 19 percent. That figure is a slight 1.4 percent drop from last year, …
by Jeff Clark, Senior Precious Metals Analyst, GoldSilver Mainstream news site Bloomberg points out today that due to silver’s YTD decline being twice as big as gold’s, the gold-silver ratio (GSR) has spiked to a level not seen in almost …
by stockboardasset Americans are experiencing the best economy “EVER,” tweets President Donald Trump. The president’s tendency to selectively take good economic data and widely exaggerate it on Twitter has become his favorite pastime, well, besides playing golf at one of …
by Chris Black Despite the artificial political turmoil created and perpetrated by the sore-loser left, and I am talking about the never-ending state of hysteria that’s been engulfing America’s public life since The Donald entered office back in 2016, the …
by SpontaneousDisorder Source: https://www.bloomberg.com/news/articles/2018-08-28/u-s-consumer-confidence-rises-to-highest-in-almost-18-years Consumer confidence tends to top with everything else, because the rise and fall of the markets/economy is based on confidence. Its extremely high right now. ZH has a longer term chart https://www.zerohedge.com/news/2018-08-28/consumer-confidence-explodes-18-year-high
Via ZeroHedge Glassdoor is out with its annual report on the 25 highest-paying jobs in America, over half of which, 13, are in the technology sector. Taking the top three spots, however, are physicians, pharmacy managers and pharmacists – with average …
via latimes: California’s greatest contradiction is almost Dickensian: In a state often cited as home to scores of billionaires, almost 4 in every 10 residents are living at or near the poverty line. Some live in rural regions removed from the …
The second-half borrowing estimate of US$769 billion is the highest since US$1.1 trillion in July-December 2008 via scmp The Treasury Department predicted the US government’s borrowing needs in the second half of this year will jump to the most since …
by visualcapitalist If you’re a college graduate, you likely went to school to pursue an important passion of yours. But as we all know, what we major in has consequences that extend far beyond the foundation of knowledge we build in …
by howmuch We all know it costs money to make money, but is there a direct correlation between income and overall personal wealth? If there is, we would expect to see the relationship in our new visualization comparing accumulated wealth and …
by howmuch Have you ever wondered how much the highest-paid CEO in your state makes for a living? It turns out that climbing to the top of the corporate ladder can mean dramatically different things in different parts of the country. …
Not only small town politics but the police union is corrupt statewide. State troopers make $150,000 a year and only need an associates degree. Recently an overtime scandal has resulted in cops retiring early in their 40s with pensions The …
by howmuch Everybody assumes that CEOs make the most money, but it turns out that getting into the C-Suite isn’t the only way to earn a giant paycheck. Publicly traded companies are now required to release pay figures for their …
by howmuch The media pays a lot of attention to the gargantuan multi-year contracts that star athletes sign with different teams, but did you know that they usually make more money from sponsors than from the teams they play for? …
via @GinaVSanchez Financial stocks have been a bit of a puzzle. Investors may think that with a central bank on a firm tightening path, industry deregulation efforts in play and high expectations for banks’ growth heading into this year, financial firms …
by howmuch The average student loan debt is now $39,400, and yet Americans still like to believe that going to college is an investment in the future. It brings lifelong friendships, challenging coursework and hopefully a good job at the end. But …
WTF–> "76% of companies that went public in 2017 had negative earnings, the highest level since the peak of the dot-come era," h/t @macrodidact pic.twitter.com/44svckh6Nc — Alastair (@StockBoardAsset) May 17, 2018 "Corporations have returned $992 billion to shareholders in the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But no blood in the streets. Just a rate-hike cycle at work. Today the US Treasury 10-year yield broke out of its recent range and surged 8 basis points to 3.08% at the close, the highest …
by howmuch Auto insurance companies portray themselves as friendly and forgiving in television commercials, but they are less friendly than you might think. After filing just one claim, car insurance premiums increase by an average of 41.81%, according to an …
1. 1 million Americans are counting on Congress to save their pensions http://money.cnn.com/2018/04/17/retir… 2. The Collapse of Public Pension Funds Is No Longer a Distant Prospect https://www.bloomberg.com/view/articl… 3. A $76,000 Monthly Pension: Why States and Cities Are Short on Cash …
via FT Highly-rated government bonds faced selling on Monday, sending the US two-year yield to a near decade high, after the US and Russia avoided direct engagement this weekend during American-led strikes in Syria. The US two-year Treasury yield climbed on …
by howmuch They say only two things in life are absolutely certain: death and taxes. With Tax Day just around the corner, many Americans are gathering paperwork and getting ready to file their 2017 taxes. Federal and state income taxes …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter New Chapter 11 bankruptcies in the US spiked 63% year-over-year in March to 770 filings, the highest number of filings for any month since April 2011 (when there had been 789 filings as companies were still …
