EU is willing to extend the BREXIT but will not change the agreement. What the EU wants is for May to convince her government to go along with the deal. The government shutdown might not be what everyone thinks it …
by kiwimancy (or less) Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors – Klakow Akepanidtaworn, Rick Di Mascio, Alex Imas and Lawrence Schmidt We document a striking pattern: while the investors display clear skill in buying, their …
NYT makes a major correction with the story about Manafort, still no Russian collusion. Trump hits the press hard with fake reporting. The [DS] is now going after Trump tax returns, Grassley blocks. Lindsey Graham says Mueller and Barr best …
by Jesse “What is objectionable, what is dangerous about extremists, is not that they are extreme, but that they are intolerant. The evil is not what they say about their cause, but what they say about their opponents.” Robert Kennedy …
via Business Insider: German industry went into a sudden and unexpected collapse in November. The data is so bad some economists think it might be wrong. Nonetheless, they agree that Germany may have been in a recession for the last two …
21ST CENTURY CRIME: Almost $500,000 in Ethereum Classic coin stolen by forking its blockchain. The heist was the result of carrying out what’s known as a rollback attack, which allowed the attackers to reorganize the Ethereum Classic blockchain, Coinbase security engineer …
via CNBC: The share of Americans who think it is a good time to buy a home just dropped sharply, according to a December survey from mortgage giant Fannie Mae. The share of those surveyed who think home prices will …
by SlovakPotato007 Apple products are overpriced and not aligned with the market (30-40% price increase on most hardware products in 2018) There are many better or equal phones for 40-50% less (its important since iPhone is a significant portion …
by Keith Weiner of Monetary-Metals Last week, we wrote about the concept of discounting. This is how to assess the value of any asset that generates cash flow. You calculate a present value by discounting earnings for each future year. And the discount rate …
by Michael Snyder The beginning of a new year is supposed to be all about hope, right? And I would certainly like to tell you that 2019 is going to be America’s best year ever and that everybody is going …
Herman Cain exposes the truth about what the government shutdown really means. https://www.youtube.com/watch?v=szvfT57k3Jg
by howmuch Are you in the middle class? You probably think you are, according to new research from the Pew Research Center, but that doesn’t necessarily mean you’re right. It turns out household size is a major determiner of status in …
I hope we can acknowledge by now, is the Truth is Stranger than Fiction. Most of us were indoctrinated like everyone else, yet some rethink everything. That’s what scares TBTB the most, a society of critical/free thinkers. h/t bBAMEr
by Daniel Carter Portrait while in Prussian service, by Karl Wilhelm Wach Hostilities between left and right grow daily in the United States. All it takes is a brief glance at history to see that these hostilities could eventually devolve into civil …
Air Freight & logistics index is getting crushed in a global slowdown. This tells me that any rally is not sustainable in stocks b/c global macro is quickly deteriorating pic.twitter.com/yOHBMpxb9E — Alastair (@StockBoardAsset) December 19, 2018 In a matter of …
by Michael Snyder The middle class has been steadily shrinking, but most Americans still believe that they are a part of it. Perhaps this is due at least in part to the egalitarian values which have been pounded into our heads …
Trust this bounce? Think again $SPX pic.twitter.com/qvgOKfxBtq — mcm-ct.com (@mcm_ct) December 6, 2018 As long as investment grade spreads widen – there is not much reason to believe the stock market should have a sustainable bounce pic.twitter.com/smDh275AOd — Alastair (@StockBoardAsset) …
Central banks probably need to do something to turn around real M1 growth, otherwise MSCI World will face another tough run in H1 of 2019. Do you think CBs will turn around? pic.twitter.com/ebYszw2lhR — Andreas Steno Larsen (@AndreasSteno) December 5, …
If you’re tired of wrapping up presents and giving them to your children only to find them carelessly discarded, unwanted and unused, before January 1, listen up. This Christmas, consider giving the kids in your life something different. Skip the …
Canadian Housing Slow Down Worse Than Late 80’s Early 90’s Time has come for the real estate boards to have no choice but admit that prices are falling fast and far. Evidence is becoming overwhelming. Denial not an option anymore …
NYT: GE, Tesla, Snapchat, under accounting investigations Companies that lag their peers sometimes cut accounting corners to make themselves appear stronger than they really are. But is the risk of getting caught worth it? The recent news that the Justice …
https://www.youtube.com/watch?v=n9by-2y6eww Hillary thinks that by running for president again..that money will start pouring back into the Clinton foundation again …by other world leaders and corrupt elites as they donate millions to Hillary in order to get favors onces Hillary’s. elected …
The P/E ratio of the S&P 500, based on the next 12 months of earnings, is down 17 percent this year. via Stephen Gandel The stock market is no longer not just not great — it’s downright awful. In fact, after the 550-point plunge …
via dailysignal: Much of today’s incivility and contempt for personal liberty has its roots on college campuses, and most of the uncivil and contemptuous are people with college backgrounds. Let’s look at a few highly publicized recent examples of incivility and …
https://www.youtube.com/watch?v=6T6jmaB-VKM I feel sorry for the young generation! The USA that I grew up in was proud, it was brilliant and bright! It was relatively safe compared to today! It had a sense of belonging to a country! I fought …
via kunstler: It may be as simple as this: voters look at the two parties and decide that they don’t want the nation to turn into a gigantic seminar on race and gender studies. The Democratic Party doesn’t have a platform, …
via Chris Mathhrews After a tumultuous October, investors are regaining their footing and counting on a safety net for stock values that may prove treacherous. One reason for renewed confidence has been that leading up to earnings releases, public companies …
The Congressional budget office already knows that this debt cannot be sustained. The entire economic system is about to implode and at this time it is time to get rid of the cause of the problem. The Federal Reserve Act …
Great comments by minorities and LEGAL immigrants at a recent town hall meeting. h/t Miggy
