Less Than 25% Of College Graduates Can Answer These 4 Simple Money Questions. More evidence of the deliberate dumbing down of US publlc education.

Authored by Mac Slavo via SHTFplan.com, Americans have become numb to financial intelligence. This is no more evident than a recent Sallie Mae survey, which indicated that college graduates can’t even answer simple questions about financial concepts, such as interest. The …

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The Smart Money Are Bullish On Volatility Again

by Jesse Colombo At the end of 2018, the global financial markets were reeling, the S&P 500 briefly fell into official bear market territory, and fear gauges were spiking. Sure enough, the Fed started to panic and backpedal on its previously hawkish …

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Smart Money Is Piling Into Oil

By Nick Cunningham Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector. The most recent factor is the sudden eruption of the long simmering feud …

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Warren Buffett: Banks will be worth more money 10 years from now

https://finance.yahoo.com/news/warren-buffett-bullish-on-banks-jpmorgan-jamie-dimon-095717582.html Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) is bullish on the banks. “They’re a business I understand, and I like the price at which they’re selling relative to their future prospects,” Buffett said in a wide-ranging interview with Yahoo Finance’s …

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The Pentagon’s Bottomless Money Pit

via Matt Taibbi When the Defense Department flunked its first-ever fiscal review, one of our government’s greatest mysteries was exposed: Where does the DoD’s $700 billion annual budget go? A retired Air Force auditor — we’ll call him Andy — tells …

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