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SAN FRANCISCO (Reuters) – Uber Technologies Inc had $50 billion (39 billion pounds) in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Getting rid of MBS faster and shifting to short-term Treasury bills will be on the list. The Fed shed $32 billion in assets in January, according … Read more
by Lance Roberts In 2013, I began warning about the risk to oil prices due to the ongoing imbalances between global supply and demand. Those warnings fell on deaf ears … Read more
by Charles Hugh-Smith Just in case you missed what’s going on in France: the status quo in Europe is doomed. The status quo has a simple fix for every crisis … Read more
by Shaun Richards This week has seen something of an expected shifting of the sands from the European Central Bank ( ECB) about the economic prospects for the Euro area. … Read more
The Heart of the Matter by John Hussman of Hussman Funds Let’s be clear. October’s market decline was a rather mild warning shot. At its lowest close, the S&P 500 lost -9.9% from … Read more
by Lance Roberts Bear Market Growl Grows Louder Several months ago, I penned an article about the problems with “passive indexing” and specifically the problem of the “algorithms” that are driving … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The biggest problem with Nafta that hurt US workers, Mexican workers, and the Mexican economy, though it hugely benefited profit margins of global automakers and Corporate … Read more
by DCG Last Thursday, August 2nd, Americans witnessed history. Wait: Only those Americans watching Fox News. At that time, Vice President Mike Pence was in Hawaii to lead the Honorable Carry … Read more
by DCG At last: Remains of our US soldiers being brought home Please let this be true! It’s a long time coming, way too long. The 55 remains are, hopefully, … Read more
via confoundedinterest: On the one hand, The Federal Reserve has been raising its target rate (upper bound) in recent years, from 25 basis points (Dec ’15) to 200 basis points today. … Read more
John Mack, Harvard professor and one of the most prestigious UFO researchers, was working extensively on this fascinating case before his death. This one is great for skeptics, because the … Read more
Today on the War Room, we take a look at why the deep state is in panic and how all the Clinton operatives from over the years are being called … Read more
via Jill Mislinski Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the … Read more
by Disobedient Media While Julian Assange remains unable to contact the outside world from the Ecuadorian embassy amidst the silence imposed by the Ecuadorian government, a heroic group of activists … Read more
by Disobedient Media An argument is only as good as the evidence it cites. For this reason, WikiLeaks embodies one the most significant information armories in existence. John Pilger spoke to this … Read more