Spreading the truth. Empowering the people.
By Tsvetana Paraskova A technical committee monitoring the implementation of the OPEC/non-OPEC production cuts has found that the allies achieved an 83-percent compliance with the pledged reduction, four delegates told Reuters on … Read more
by WARREN MOSLER Getting even more serious- year over year down 6%: Highlights The purchase index fell for a fourth straight week and down steeply, at a 6.0 percent rate … Read more
Apple Inc is cutting planned production for its three new iPhone models by about 10 percent for the March quarter, the Nikkei Asian Review reported on Wednesday, a week after … Read more
No one knows what’s going to happen. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Vehicle manufacturing in the UK slumped by 19.6% in November compared to the same … Read more
www-forbes-com.cdn.ampproject.org/v/s/www.forbes.com/sites/ewanspence/2018/12/05/apple-iphone-xr-discount-iphone-xs-iphone-xs-max-price-sale/amp/?amp_js_v=0.1#referrer=https://www.google.com&_tf=From%20%1$s&share=https://www.forbes.com/sites/ewanspence/2018/12/05/apple-iphone-xr-discount-iphone-xs-iphone-xs-max-price-sale/ More Bad News From Apple As iPhone XR Price Slashed Adding to the signs that the newest iPhones are not meeting Apple’s internal sales targets, let alone the lofty … Read more
Former president of Shell Oil Company John Hofmeister said former President Barack Obama had nothing to do with America’s increased oil production and actually frustrated many areas of the energy sector. … Read more
The Right Media (Ben Shields) and ADAPT 2030 (David DuByne) compare what they see in the news as distraction for increasing food prices and societal changes as our Earth shifts … Read more
via Bloomberg: Our best estimate is that Tesla has manufactured 130,864 Model 3s so far—or 36,595 in the current quarter—and is now building approximately 4,356 a week. Those figures, and the charts below, represent Bloomberg’s … Read more
by NorthmanTrader If I keep this up I’ll soon be accused of being a permabull 🙂 Oh I’m kidding. Yes I’m macro bearish but trade direction practical and data and technicals matter. Hence … Read more
by AlexPitti The October industrial production report was positive as industrial production growth was 4.1% year over year and manufacturing growth was 2.7% year over year. Both hit a 10 … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Fueled by cheap money and by dashed hopes of high oil prices. Industrial production in October rose 4.1% from a year ago, the Fed Board of … Read more
by NineteenEighty9 U.S. oil production may rise to as much as 14 million barrels of oil per day (bpd) by 2020, Secretary of the Interior Ryan Zinke told Fox Business … Read more
“Supply-demand theorists glance at this graph and declare that the trend toward more U.S. oil production caused oil’s price to fall. But the claim does not bear scrutiny.”
