Sep 01 09:57

4 Tools to help You Spot Stock Market Tops

Sep 01 08:58

“A Rare Smoking Gun”: Judge Says Goldman And Four Other Firms “Blatantly Price Fixed” GSE-Backed Bonds

By Tyler Durden

Goldman Sachs and four other financial firms are facing claims that they rigged the $550 billion market for bonds backed by Fannie Mae and Freddie Mac, according to Bloomberg.

In the Southern District of New York, a proposed class action suit accuses the institutions of driving down the offer that they bought unsecured bonds at and “pumping” up the bid at which they sold them over the counter...

Sep 01 08:52

Harry Dent: The Great Crash Begins in 2020

Sep 01 08:20

Up to 70 Energy Businesses and Advocacy Groups Spend Millions Lobbying In Massachusetts

By B.N. Frank

Lobbying isn’t illegal but most would agree that it has certainly created a lot of problems – mostly at the public’s expense, financially and otherwise (think Opioid Crisis).

Most wouldn’t be surprised to learn that telecoms spend big bucks on lobbying. Many may not realize that energy companies are heavily targeted by lobbyists too. Unfortunately, most Americans aren’t able to create their own energy, and having safe and affordable access to it can be a matter of life or death...

Aug 31 15:00

College Return on Investment

Aug 31 09:21

Google's Whole Business Model? STRESS!

Aug 31 07:46

Tariffs not having the intended result yet

Aug 30 17:41

Tesla Solar Panels Are Catching Fire. Amazon and Walmart Have Both Been Burned. Walmart Is Suing.

By B.N. Frank

Solar panels that catch fire are not desirable or eco-friendly. What’s bizarrely coincidental is that these combustible panels are being made by Elon Musk’s company, which also sells flamethrowers.

According to The Philadelphia Inquirer, Walmart is suing Tesla because of solar panels that caught fire at 7 of its stores.  The lawsuit alleges that poorly trained installers who Tesla hired for Walmart were at fault, not the actual units...

Aug 30 10:58

Is A Coordinated Dollar Devaluation Secretly In The Works?

By Tyler Durden

Most of last Friday’s Jackson Hole focus was on Powell, but what Standard Chartered’s chief FX strategist, Steven Englander was struck by, was the apparent consensus among JH participants, that US rates and USD were too high, surprisingly, but hardly consciously in line with President Trump’s views. And while Englander does not see a direct line from such intellectual consensus to a weaker USD, he would not rule out that weaker USD somehow ends up as the long-term outcome.

Below we recap some of the key points from Englander’s take on the “modest proposal” to reduce the USD’s role in reserves...

Aug 30 10:38

Five Concerns about Amazon Ring’s Deals with Police

By Matthew Guariglia

More than 400 police departments across the country have partnered with Ring, tech giant Amazon’s “smart” doorbell program, to create a troubling new video surveillance system. Ring films and records any interaction or movement happening at the user’s front door, and alerts users’ phones. These partnerships expand the web of government surveillance of public places, degrade the public’s trust in civic institutions, purposely breed paranoia, and deny citizens the transparency necessary to ensure accountability and create regulations.

What emerges is a partnership that allows police access to a widespread surveillance network, and coaching from Amazon on how to gain access to that footage and how to talk to the public. In return, Amazon gets a big boost in its efforts to sell millions of cameras...

Aug 30 09:38

How Central Banks Lost Control Of The Market, In One Chart

By Tyler Durden

The topic of this year’s Jackson Hole was, in not so many words, the fading power of central banks which for the past decade, had been the only game in town. However, with interest rates back to record lows, and the ECB (and soon Fed) set to restart QE, the outcome will be even worse than last time, sending the world into Albert Edwards’ infamous deflationary ice age.

But one didn’t have to go all the way to Wyoming to observe the waning power of central banks. A quick look at the following chart from Bank of America would have sufficed...

Aug 30 08:25

10 year bond yields from around the world

Aug 29 19:53

Negative Interest Rate Policies are Backfiring — New Research

Negative interest rate policies – where nominal rates are set below zero percent – have been introduced in Europe and Japan to stimulate flagging economies but research from the University of Bath shows the unconventional monetary strategy may be doing more harm than good.

Recently, several major European banks announced plans to pass on negative interest rates to corporations and wealthy individuals. Since 2012 Japan and six European economies – the Eurozone, Denmark, Hungary, Norway, Sweden and Switzerland – introduced negative interest rates, making it costly for commercial banks to hold their excess reserves with central banks...

Aug 29 12:46

Social Credit Comes to US Shores: Consumers Denied Services Based on Shadowy “Security Ratings”

By Janet Phelan

Another blip in what appears to be subtle yet rampant discrimination levied against certain American citizens has emerged on the social radar. As reported recently here, there appears to be another scoring system—other than credit scores—which is not only encouraging but mandating private companies to withhold their regular services from certain consumers.

Sometimes referred to as a “security score,” this rating system trumps excellent credit and has resulted in numerous Americans being denied the ability to transact with Western Union, eBay and various other companies...

Aug 29 10:06

Another market darling just broke down!

Aug 29 09:53

WeWork Is the Most Ridiculous IPO of 2019

Aug 29 09:53

the Crash and $30-$50 Silver, $2500 Gold?

Aug 28 16:05

Number of Vacant Housing Units on State Level

Aug 28 12:26

The Hidden Tax in Central Banks’ Low-Interest Policy

By Brendan Brown

Under the regime of the two-per-cent inflation standard, governments are levying a vast new tax. This shows up nowhere in public sector or private sector accounts and has so far created little if any resentment among those subject to its burden. Many live in the illusion that there is a continuing escape possible. This is a dream tax from the viewpoint of the collectors and their political masters.

As such the monetary repression tax (MRT) triumphs over the older and better-known inflation tax in terms of political efficiency. As regards economic efficiency, by contrast, both taxes are potentially devastating. For now, the new tax is more dangerous than the old, which may yet return in much more vicious form, as a huge confiscation in real terms of government debt and related monetary claims.

How best to define the MRT?...

Aug 28 11:26

Remote Work: The Right Response to a Labor Market Made Complex by Government

By Chloe Anagnos

Remote work has quickly become an alternative to millennials making a living off the gig economy, thanks in part to the growth of websites like Fiverr and the big-data revolution. But as the practice became more popular and companies noticed they could actually benefit from it, many began to either send their employees home or to simply rely more on freelance workers doing most of what they were hired to do from home.

But despite the growing reliance companies have on remote employees and freelancers, not all workers are given the freedom to dictate their own scheduling rules. That created a split in the sector, giving researchers a chance to identify which group was the most productive...

Aug 28 10:18

Central Bank Update

Aug 28 08:31

Mattis swipes at Trump, warns of ‘storm clouds gathering’ amid fractured alliances

This War Criminal should talk! We need a non-intervensionist Foreign Policy and the US Military needs to be reduced to a true defensive force with only about $100 billion a year in spending. Most of the Officer Corps needs to be court martialed and imprisoned for life for their crimes against humanity,The American People and The Constitution of the United States. And they should be forbidden to write books for profit or to serve on the boards of defense contractors or to lobby for same. Disgusting war criminal. Remember Haditha and Falluja!

Former Defense Secretary Jim Mattis took several implicit swipes at President Trump’s leadership in an op-ed published Wednesday, warning about the fallout from fractured alliances and increasing divisiveness under the current administration.

Mattis’ comments were included in a lengthy essay adapted from a forthcoming book and published in The Wall Street Journal.

Aug 27 11:24

Gold Could Climb Above $2,000 an Ounce

Aug 26 16:48

The Big Picture Just Got NASTY For Stocks