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Blackouts threaten death blow to Venezuela’s industrial survivors. The government said on April 4 that the power rationing plan meant Valencia would spend at most three hours a day without … Read more
by Michael Krieger One of the most famous, and prescient, financial cartoons in American history is the above depiction of the Federal Reserve Bank as a giant octopus that would come … Read more
Via USA Today In the Netflix era, many Americans are managing their finances based on their monthly subscription payments, often with little regard to the total they’ll pay in the long … Read more
Via The Babylon Bee U.S.—A sense of dread, terror, and certain doom overcame the nation Friday as Americans suddenly realized that Alexandria Ocasio-Cortez will probably win the presidency once she’s … Read more
Image Summary: Doctor Jesse Kelly Verified account @JesseKellyDC This senate that can’t repeal Obamacare, defund Planned Parenthood, or pass a budget. But God help you if you want to bring … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “What we witnessed in November and December was just extraordinary.” “I’ve been a manager for almost half a century, but this is the first time I’ve … Read more
via kitco: “Bankruptcy happens gradually, then suddenly,” Ernest Hemingway All signs point in the same direction. We are heading toward another financial crisis and, this time, it will likely be much … Read more
Jan. 13, 2019– Mary Greeley News – Dr. Martin Gore, a widely celebrated cancer doctor credited with “saving thousands of lives” died from “total organ failure” just minutes after receiving … Read more
From Bloomberg: For the first time in more than a decade, palladium is rivaling gold in value. A key component in pollution-control devices for cars and trucks, the metal’s price has … Read more
Ted Lieu Verified account @tedlieu For any liberals who now suddenly agree with war hawks about using force in Syria, here are some questions: -What is the desired end … Read more
from Zero Hedge Earlier this morning, Nomura’s Charlie McElligott noted something which in retrospect was quite prophetic: the cross-asset strategist highlighted that his Risk Parity model showed that the market’s most important strategy … Read more
by Dave Kranzler of Investment Research Dynamics “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” – “The Sun Also Rises” – Hemingway Zillow Group stock plunged … Read more
via Rob Isbitts I have been tracking the parallels between 2018’s S&P 500 price movement and that of 1987 since early this summer. I keep trying to ignore it, but to … Read more
Hank Berrien for the Daily Wire reports, A new Star Tribune/MPR News Minnesota Poll found that Republican State Sen. Karin Housley is making her battle against Sen. Tina Smith, the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This will dog the stock market going forward. Fixed-income investors – a financially conservative bunch buying Treasury securities, FDIC-insured CDs, and similar products that largely eliminate … Read more
by: Lance D Johnson (Natural News) The very first Tesla fans, who pre-ordered their own Tesla Model S in 2013, are now running into big problems with the company. As the … Read more