Spreading the truth. Empowering the people.
A record 61,000 unaccompanied migrant children have surged over the U.S.-Mexico border and been handed to federal care facilities since October, and there are still over two months left in … Read more
According to data from the United States International Trade Commission, cited by the Financial Times, U.S. imports of mobile phones from Vietnam more than doubled in the first four months of … Read more
Yet that’s created a new, and potentially more dangerous, kind of risk. Precisely because roughly 85% of leveraged loans are held by non-banks, regulators are largely in the dark when … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Chart of Carmageddon. Prices of used vehicle that were sold in May at wholesale auctions rose 4.0% compared to May last year, according to Manheim, the … Read more
Global dividend payouts rose 7.8% to a first-quarter record of $263.3 billion. Janus Henderson expects $1.43 trillion in dividend payments this year. www.cnbc.com/2019/05/20/us-breaks-all-time-record-for-dividends-as-investor-payouts-surge.html
by confoundedinterest17 I am still laughing over Fed-nominee Stephen Moore calling Ohio “the armpit of America.” But I wonder what Moore has to say about the idea of a new Fed quantitative … Read more
via Zerohedge: The last time we did a closer look at China’s bad debt, a topic that has been particularly sensitive for an economy whose financial sector is now over … Read more
Via ZeroHedge The ‘patient’ Fed has been lamenting the “lack of inflation” for far too long. It is about to get its wish. American food merchants are struggling to import fruits and vegetables from … Read more
via MarketWatch It is a case that would make Sherlock Holmes proud. Growth in the first quarter smashed expectations, fueled in part by strong inventory building. According to the government, … Read more
DHS data shows growing surge of migrants at border… The number of immigrants arrested or turned away at the southern border has continued to climb to levels not seen for … Read more
by Troy The stock market’s nonstop rally is slowing down, with the S&P 500 below its 10 day moving average for the first time in 41 days. The short-medium term … Read more
That’s a BOOM! More Global Warming fails: Los Angeles has coldest Feb. in 60 years Record Breaking Snow totals in UP Michigan as “Global Warming takes hold” sarc! You … Read more
www.cnbc.com/2019/02/21/personal-loans-surge-to-a-record-138-billion-in-us-as-fintechs-lead-new-lending-charge.html Total outstanding U.S. consumer loans hit a new record last year, driven by digital-first lending options. Financial technology, or fintech, companies now make up 38 percent of the personal … Read more
by Jesse Colombo My concerns about the U.S. automobile bubble are being confirmed. As Bloomberg reports: More Americans than ever are at least three months behind on their auto loans, a … Read more
