Monday , 20 May 2019

Finance

Wall Street’s Most Bearish Analyst Asks “What Did I Miss”

Authored by Wall Street’s most bearish sellside strategist, Morgan Stanley’s Michael Wilson As a macro strategist, my job is to try to make a very complex world easier to understand – something that’s very difficult to do. In an era of financial repression and seemingly elevated political uncertainty, the level of complexity has felt elevated too. This has created great ... Read More »

Billionaire Commencement Speaker Shocks Grads With Promise To Pay Off Student Loans

A billionaire philanthropist and technology investor told the graduating class of Morehouse College that he would wipe out the student debt of the entire graduating class, estimated to be around $40 million, according to Time.  Robert F. Smith, this year’s commencement speaker, made the announcement Sunday morning while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. Smith ... Read More »

Lawrence Wilkerson Warns The US Is Driving Down A Highway To War With China

Authored by Adam Dick via The Ron Paul Institute for Peace & Prosperity, Former Army Colonel Lawrence Wilkerson, who was chief of staff for Secretary of State Colin Powell in the George W. Bush administration, warns in a new The Real News interview with host Sharmini Peries that the United States government is driving down a “highway to war” with ... Read More »

Rapid DNA-Testing Reveals Third Of Migrants Lying About Family Relationship To Children

Rapid DNA testing has revealed that almost 1/3 of illegal migrants apprehended at the southern US border were not biologically related to the children they were traveling with, nor were they cases of step-fathers or adoptive parents, according to the Washington Examiner. The findings were a result of a pilot program conducted by Immigrations and Customs Enforcement (ICE) in El Paso and McAllen, ... Read More »

Al Gore Forecast There Would Be No Ice At The North Pole By 2013

Via ArmstrongEconomics.com, Al Gore in 2009 forecast that there would be no more ice by 2013. The BBC reported those crazy forecasts back in 2007. Former US Vice President Al Gore cited Professor Maslowski’s analysis on Monday in his acceptance speech at the Nobel Peace Prize ceremony in Oslo. “Our projection of 2013 for the removal of ice in summer is not ... Read More »

Market Price Discovery Has Become “A Toxic Mess”

Authored by Sven Henrich via NorthmanTrader.com, Market price discovery has become a toxic mess and traders have to adapt to changing conditions. Fast. Blending an understanding of technicals with a keen awareness of the outside influencing factors on price discovery is becoming an ever more vital combination critical to success in navigating these complex markets. The tape action, long subject ... Read More »

Earnings Recession Ahead?

Authored by Daniel Lacalle, With the first quarter earnings´season almost over, we can say that the risk of an imminent earnings recession is far greater than what is discounted by an optimistic market. We must start by understanding that the “positive” surprise seen in this earnings’ season in the US has been driven by two dangerous factors: The first, a very ... Read More »

More Footage Discovered From Bernie Sanders’ 1988 ‘Honeymoon’ In The USSR

Politico has viewed three-and-a-half hours of footage from Bernie and Jane Sanders’ 1988 ‘honeymoon’ to the Soviet Union, and judging by their description, it looks like the footage might make it difficult for Sanders to distance himself from his support for Communist regimes both the USSR and the Sandinistas in Nicaragua, where he also visited. In the footage, Sanders, often ... Read More »

Angry Erdogan Defies Trump: May Accelerate S-400 Delivery, Slams Western Meddling In Turkish Economy

Following several weeks of speculation (including what in retrospect was fake news from Bloomberg that “Turkey Weighs New U.S. Call to Delay Buying Russian Missiles”), in a televised speech in Istanbul late on Saturday, Bloomberg reported that Turkey’s executive president Erdogan invited yet another sharp gap down in the lira when trading resumes in a few hours, after he not ... Read More »

“One Heck Of A Reality Television Fight”

Authored by MN Gordon via EconomicPrism.com, The world’s a better and brighter place when your portfolio’s growing like spore bearing mushroom fungus.  Horizons are expanded.  Perceptions are broadened.  And the secrets of the universe are all within reach. Life takes on new meaning when you’re getting financially loaded.  The decade long bull market in U.S. stocks has brought clarity, purpose, ... Read More »