by DCG I wonder how much of his $450 million net worth he’s given away to address income inequality? From CNBC: Facebook co-founder Chris Hughes thinks the government should give cash handouts to people with the lowest incomes in order to fight income inequality. And he …
David McAlvany and Kevin Orrick on the McAlvany Weekly Commentary As Venezuela hits 43,000% Inflation, money becomes worthless, A Months Wages Buys Just 5 Cups Of Coffee. How Do You Win The Mid-Term Election? Democrats Puzzled & Confused. Stock Market Pre-indicator: Smart Money Flow …
Oops. That wasn’t supposed to happen. Trump jumps 10 points with Hispanics after a month of liberal foaming at the mouth.
Authored by Mick Shedlock via MishTalk, The average size of a loan for a new car in the U.S. set a record in the first quarter as did the average payment. Database firm Experian notes U.S. Monthly Auto Payments Reach Record …
via thehill: Michael Tubbs, the mayor of Stockton, Calif., is planning to offer a “no strings” guaranteed basic income of $500 a month to residents in an effort to combat poverty in the city. Under the plan, which is scheduled …
"Eurozone Slowdown Is More Evident Every Month," h/t @dlacalle_IA pic.twitter.com/YLoy1UXPre — Alastair (@StockBoardAsset) May 30, 2018 only €48 Trillion in derivatives https://t.co/Om82NlwKzj — zerohedge (@zerohedge) May 30, 2018 A Few Italy Headlines Italy could be the next Greece — only much …
First USN tsunami exercise was May 4, 2018 just before Kilauea erupted. Now a second exercise was just issued. Except exercises are usually coordinated with other US agencies. Something like this would be coordinated with the USGS (seismic sensor network), …
by Chris Kimble CLICK ON CHART TO ENLARGE This chart looks at Crude Oil on a monthly basis over the past 15-years. Crude experienced a large decline (75%+) from the highs in 2011 to the lows in 2016. We applied Fibonacci to …
from Zero Hedge Well that escalated fast: one month after Bloomberg reported that Deutsche Bank would cut 1,000 jobs in the US, roughly 10% of its total US labor force, as part of new CEO Christian Sewing’s restructuring process, the WSJ this morning …
The deputy who refused to confront the gunman during the Parkland shooting was allowed to quietly retire and is now receiving more than $100,000 a year in state pension funds. Parkland, Florida – The police officer who was publicly shamed …
by Simon Black As if things weren’t bad enough for beleaguered Tesla… The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it’s facing production issues with its Model 3 and, as I recently …
via Carla Mozee and Anneken Tappe The U.S. dollar broadly advanced Wednesday, resuming its recent uptrend inspired by higher Treasury yields, as the 10-year yield stayed above 3%. What are currencies doing? The ICE U.S. Dollar Index DXY, +0.39% which gauges the buck …
by NHarvey3DK We’ve been on an amazing budgeting bandwagon lately, so we wanted to run some numbers. But we don’t know what “other” costs could be associated that we aren’t aware of. Excluding: The delivery Wife staying home (zero income …
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 …
Article Records have been set in practically every metric for auto loans, as of late: Americans owe a record $1.1 trillion in loans; a record 20 percent of new car loans have 72 month terms; people are overall paying record …
He explains at the link how this can be done. He has my vote, many people have great ideas but lack funds. Think of the possibilities. Entrepreneur Andrew Yang has a big goal for a relatively unknown business person:to reach …
via Markit Summary Global PMI signals weakest economic growth rate since November 2016. Broad-based slowdown among major countries. Eurozone sees strongest growth, though US closes the gap. Price pressures remain close to seven-year high. Global economic growth slowed sharply to …
The LIBOR is the rate they charge for interbank lending. Does this mean the banks don’t trust each other and fear loaning to each other? RR
I’m seeing them as the next AOL in various ways, one being that I expect them to merge with one of the big media conglomerates, as AOL did with Time Warner in 2000. Then there’ll be another big online social …
C O L L A P S E pic.twitter.com/NlQQ1Bbjey — Alastair (@StockBoardAsset) March 14, 2018 The Atlanta Fed now estimates Q1 GDP at a meager 1.9%, down 65% from its 5.4% estimate made earlier this year. It’s amazing how stock …
Chris Martenson from Peak Prosperity tells Silver Doctors the Fed may not be able to control a future crash. Martenson says the recent stock market correction nearly collapsed the system, and he suspects it was only saved by officials stepping …
Summary We have extended our partnership with Cheddar TV to produce a Seeking Alpha ‘Idea of the Month’ segment. SA author Sven Carlin continues the series with his idea of the month: invest in commodities, hard assets, and cash for …
I remember buying my first car back in 1994. It was a sports car at the time (Mitsubishi Eclipse). Really nice car and only cost me $12K. Turned down the Mitsubishi Mirage because I thought it was crap. It seems …
by John Rubino Gold spiked in January, and looked to be headed even higher. But there were some problems. First, futures speculators – as tracked by the Commitment of Traders (COT) report – had gone overwhelmingly long, and since they …
Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January (CNSNews.com) – The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is not like the dotcom crash – though it’s even more brutal. Cryptos are having another bad-hair day, one in many, with just about all the largest ones crashing 12% to 25% this morning. It’s …
On Sept. 28, Strzok messaged Page that he had been “called up to Andy’s office” earlier that day and told of “hundreds of thousands of emails turned over by Weiner’s [attorney] to sdny,” a reference to the U.S. Attorney’s Office …
by jessefelder Last week I shared a fantastic four that make the FANG stocks look tame. This week I have to come back to one FANG in particular that has turned in a performance during the first month of the year that …
Kurt Schlichter: Please Don‘t Shut Down The Government, Democrats, Because That Would Be Awful (Not). Please do it. Here’s the thing – most of Trump supporters aren’t takers – they’re makers. They’re the people the government flunkies come to with …
Authored by Bill Bonner via InternationalMan.com, We are explaining our money system to our grandson, James, now 14 months old… His mother tries to get him to go to bed at 9 p.m. But the little boy’s internal clock is …