Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Consumer exuberance maxed out last summer and has since changed direction. The headlines today were all about retail sales that “fell most since 2009,” or as … Read more
via Dagny Taggart A year ago today, Nikolas Cruz opened fire at Marjorie Stoneman Douglas High School in Parkland, Florida, killing seventeen defenseless students and staff members and injuring seventeen others. During the … Read more
Retail sales drop the most since September 2009 U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a … Read more
via marketwatch: Married couples are making room for roommates. Sometimes, multiple roommates. Just ask Kelsey Riley Dixon. The 29-year-old business owner and her husband, a semi-pro kayaker, share a four-bedroom home with three male … Read more
Via Marketwatch A study puts wealth inequality in a historical perspective It’s not fashionable to wear flapper dresses and do the Charleston, but 1920s-style wealth inequality is definitely back in … Read more
1-M HIBOR vs. LIBOR rates now at lowest level since 2007! Interesting how same spread disparity also corresponded with the market top for HK stocks. Note: HSI index peaked in … Read more
via antiwar: In his masterpiece, Killing Hope: U.S. Military and C.I.A. Interventions Since World War II, William Blum, who died in December 2018, wrote chapter-length accounts of 55 US regime change operations … Read more
by confoundedinterest One of the world’s most important borrowing benchmarks staged its biggest one-day decline in a decade on Thursday. The three-month London interbank offered rate for dollars sank 4.063 basis points to … Read more
A lot of tension in the markets, so here's a couple of examples of that. This bounce will have to fade soon. Nothing fundamental has changed since December. Every major … Read more
by Frank Holmes, CEO, U.S. Global Investors Something big is happening in the gold market right now, and nowhere is that more apparent than in central banks of emerging economies. … Read more
We know that 2018 was worst December since 1931. What happened after the worst December in 1931. A rally. Then, like, a gigantic drop. pic.twitter.com/AHYkLB4MZb — OCCUPY WISDOM (@OccupyWisdom) February … Read more
Buybacks were illegal throughout most of the 20th century because they were considered a form of stock market manipulation. But in 1982, the Securities and Exchange Commission passed rule 10b-18, which … Read more
Better get ready and fast Macro-Trend Follower. ‏ @macrotrendf Germany retail sales TANKING worst reading since 2007 when the recession hit. @PaulSommerville Germany retail sales fell 4.3% in December. The … Read more
via Reuters: The United States slid four points lower on a global corruption index in 2018, dropping out of the top 20 countries for the first time since 2011, watchdog Transparency … Read more
by Michael Snyder What would our founders think if they could see us today? Every great civilization throughout human history eventually entered a period of decline, and we continue to … Read more
