https://www.youtube.com/watch?v=gJP2xpt-XG0 If they had any kind of dirt on him they would have used it to try to get him out of office. So, that leaves promising to be better than Trump. They won’;t say how, just that they will …
by Michael Snyder All over America retailers are going bankrupt and closing stores. Of course this has been happening for years, but as you will see below the numbers have dramatically escalated during the early portion of 2019. Our landscape …
https://twitter.com/OccupyWisdom/status/1096118006600683520 https://twitter.com/OccupyWisdom/status/1096114969417039873 Retail sales tumbling, as outlined in last fall's client warning of "Cooling Consumer Spending." See public comments from Jan: https://t.co/47RYgw4sg4 pic.twitter.com/iVjf88aSYo — Economic Cycle Research Institute (ECRI) (@businesscycle) February 14, 2019 the "greatest economy ever" just hit a …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But then there’s the “average transaction price.” A new 2019 Ford Taurus, with a sticker price “starting at” $27,800, is a better car in myriad ways than a new 1996 Taurus was at the time, with …
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 style. New research says America’s ultra-rich haven’t held as much …
By David Stockman BLS Price Index For New Vehicles—–0% Rise In 20 Years Actual USA Transaction Prices: Up 20% In 10 Years
via atr.org: This morning, Rep. Alexandria Ocasio-Cortez released an overview of the Democrat “Green New Deal” which threatens “a massive transformation of our society.” Below are the details of the proposal. Rebuild every single building in the U.S. “Upgrade or replace every …
via theguardian: Its populist leaders said they were on the cusp of an economic miracle to rival the 1960s, but debt and uncertainty intervened Sharing his predictions on the economy less than a month ago, Luigi Di Maio, the Italian deputy prime …
Published on Oct 19, 2016 Presidential nominees clash in the final presidential debate at the University of Nevada Las Vegas Leftists push INSANE Bill That Allows Executing Babies h/t NotRiggedUrJustLosin
by Troy The U.S. stock market has held up well during this earnings season. Now that earnings season is over, many traders are looking for a pullback/retest. Overall, the statistical evidence for a pullback/retest remains strong and convincing. Go here to …
by howmuch Creative destruction is constantly at work in the U.S. economy. If one company invents a new technology and offers the same product for a cheaper price, it’s going to gain market share. On the other hand, if …
via @UncleRico77: You all saw the move in $GLD today. Given that the geniuses at global central banks are going right back to the well (Fed raises balance sheet by 300% and panics after shrinking it by 10%), this stocks/gold ratio …
by Duane Norman, Free Market Shooter Its been two years since Trump convinced me to vote for him – and while he hasn’t been perfect, and in spite of relentless government and media pressure against him – I’m still convinced that Trump was the …
by visualcapitalist If you could travel back in time to the 19th century, it would be very difficult to convince anyone that railroad investments were not the future of the stock market. Governments were offering subsidies and land grants to stimulate …
But online sales are hot, now at 20% of total retail. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. It’s a confusing picture. A monthly survey of retailers published by the Confederation of British Industry (CBI) indicated that just 4% of …
https://twitter.com/NorthmanTrader/status/1088541616514785282 The rant spiced with the Irish brogue is a nice touch. I especially like when he says “ahsholes”. “Wanking fuckin bankers”. I hope the old boy has kept his edge. h/t Jim
https://www.youtube.com/watch?v=fIo3ZzQFXXE
Via Grabienews The world is going to end in 12 years unless the government takes action, Rep. Alexandria Ocasio-Cortez (D-N.Y.) said Monday at a Martin Luther King forum in New York City. Here’s an excerpt from her interview with Ta-Nehisi …
David DuByne creator of the ADAPT 2030 channel on YouTube discusses societal changes as our Earth shifts to a cooler climate as the Eddy Grand Solar Minimum intensifies, a 400-year cycle in our Sun which will affect crop production, the …
by OB1_kenobi Funny how there has to be a 50 year time period before stuff like this can be admitted. Also makes you wonder what we’ll be learning about 50 years from now. via NPR: In the 1960s, the sugar industry …
Watch the latest video at foxbusiness.com Forty percent of the world’s jobs could be done by machines in as soon as 15 years, according to a top expert on artificial intelligence (AI). Kai Fu Lee, a pioneer in AI who also works in …
by cbus20122 Just something I find rather interesting right now. If you look back at the history of global markets since the GFC, we’ve had a spattering of issues around the world that have caused a lot of worry in the markets. …
by cbus20122 Yield curve inversion… Check Companies guiding downward… Check (I once had a better link towards data on this, but can’t find it) Fed pausing hikes… Check Initial unemployment claims breaking trend and heading higher… Check Rest of world on …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is getting serious. Sales of new passenger vehicles, as measured by registrations, dropped 5.5% in December from a year earlier in the UK, the second largest auto market in the EU, behind Germany. Sales in …
https://www.washingtonpost.com/powerpost/house-democrats-unveil-bill-targeting-trump-on-tax-returns-and-transparency/2019/01/04/43f429a8-102d-11e9-831f-3aa2c2be4cbd_story.html?utm_term=.ad08b0f82a8a As one of their first big-ticket legislative proposals of the new Congress, House Democrats on Friday unveiled a sweeping anti-corruption, campaign finance and ethics reform package that takes aim at long-simmering concerns about President Donald Trump’s possible conflicts of interest between his …
Trump: I did say I’m prepared for shutdown to go on for years from CNBC. Democrats emerge from a meeting at the White House showing little optimism about ending a government shutdown. From CNBC: Democrats emerged from what they called a …
via MarketWatch: At 13 days in length as of Thursday, the current partial government shutdown is starting to move up the record books. So far, it already ranks as the second-longest shutdown in more than 20 years, topped only by …
by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/Du-GFSTUYAAj-9B.jpg This year’s top-performing asset class isn’t stocks, bonds, commodities, or real estate. And no, it’s not crypto-currency either. It is cash. That’s right. Cash is the top performing asset class year-to-date. Beating out U.S. …
There’s been a lot of controversy involving the pedophile rings in the government institutions so this is a good reminder. Anderson Cooper talked about massive pedophile rings involving a lot of US government officials many years ago, but this was …
Wells Fargo CEO Survives to 2019 as Scandals Burn Through Bank’s Ranks Tim Sloan’s year featured a cap on growth and calls for ouster The months ahead mean ‘more distraction, more personal pain’ Tim Sloan’s biggest achievement of 2018 might …