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Russia Has A “Surprise” Planned For US If It Bans RT, Sputnik Ads

A day after certain members of the Senate Intelligence committee expressed their profound disappointment with Facebook, Twitter and Google for appearing to blow off lawmakers’ concerns about a “sophisticated” Russia-backed propaganda campaign purportedly being carried out on their platforms, Russian Foreign Ministry spokeswoman Maria Zakharova is hitting back, warning that Russia has “a surprise” response […]


Krieger Rants “Washington D.C. Is Swarming With Unaccountable Parasites”

Authored by Mike Krieger via Liberty Blitzkrieg blog, In theory, Americans should be proud of their national capital and all the important work that gets done there. In theory. In reality, our nation’s capital is an utter cesspool of self-serving, unethical and unaccountable parasites. We all know it and, even worse, it’s probably a hundred […]


Millennials Prefer Socialism To Capitalism

Donald Trump Jr. was right: It’s never too early to start teaching your kids about socialism. At least that’s what a survey published Thursday by the Victims of Communism Memorial Foundation appears to suggest.   I’m going to take half of Chloe’s candy tonight & give it to some kid who sat at home. It’s […]


ESPN Lost 15,000 Subscribers A Day In October

ESPN’s decision to suspend host Jemele Hill last month after her second violation of the company’s social media policy (she tweeted that people should boycott advertisers of the Dallas Cowboys after its owner sided with President Trump) did little to stanch the steady bleed of paying customers that is threatening the erstwhile “World Leader in […]


Just Short The Robots

Just two weeks ago, we detailed the launch of a new A.I.-driven equity ETF whose human 'manager' claimed: "EquBot AI Technology with Watson has the ability to mimic an army of equity research analysts working around the clock, 365 days a year, while removing human error and bias from the process.” According to Chida Khatua, […]


Apple Soars To $900BN In Mkt Cap After Crushing Earnings And iPhone X Guidance

While Apple gets a freebie in the current (fourth fiscal) quarter, as it came just before the official release of the iPhone 8 and X, traders were still looking at overall trends and guidance from Tim Cook on what to expected from the all important holiday quarter. What they got was just what they requested, […]


Apple Soars To $900 BN In Mkt Cap After Crushing Earnings And iPhone X Guidance

While Apple gets a freebie in the current (fourth) quarter, as it came just before the official release of the iPhone 8 and X, traders were still looking at overall trends and guidance from Tim Cook on what to expected from the all important holiday quarter. What they got was just what they requested, with […]


78% Of US Workers Are Living ‘Paycheck-To-Paycheck’ & 71% Of Them Are In Debt

Authored by Michael Snyder via The Economic Collapse blog, Are you living paycheck to paycheck?  If so, you are just like most other hard working Americans. As you will see below, 78 percent of full-time workers in the United States say that they are living paycheck to paycheck.  That is the highest figure ever recorded, […]


Yield Curve Crushed To 10 Year Lows As Stocks Signal Trump-Tax-Plan Won’t Pass

The bond market's reaction to the Trump Tax Plan…   Bonds and Bullion were immediately bid and stocks and the dollar sank on the Trump Tax plan release – but as Europe closed, gold was 'managed' down, leaving bonds outperforming on the day… And stocks back to unchanged as the market realized there is little […]


Coinbase Adds A Record 100,000 Bitcoin Traders In One Day

Back in the summer of 2015, one tracked the euphoria of the Chinese stock market bubble by the number, usually in the hundreds of thousands, of new brokerage accounts that were opened on any one given day. And while that bubble has long since burst, the tradition of measuring new account openings has remained, and […]


Tesla’s Having The Worst Day Ever As GOP Tax Plan Calls For Axing Electric Car Credit

Tesla may be officially having the worst day ever.  One day after announcing its worst quarter in history, in which it burned a record $1.4 billion in cash (which is about $15.5 million every single day, btw)… …a couple of GOP Representatives had to come along and propose a tax bill that would eliminate a […]


Can Gradual Interest-Rate Tightening Prevent A Bust?

Authored by Frank Shostak via The Mises Institute, Fed policy makers are of the view that if there is the need to tighten the interest rate stance the tightening should be gradual as to not destabilize the economy. The gradual approach gives individuals plenty of time to adjust to the tighter monetary stance. This adjustment […]


President Trump Announces Jerome ‘Jay’ Powell As Fed Chair

Having been leaked to most major news organizations last night, President Trump is fully expected to announce that Fed governor Jerome "Jay" Powell is Janet Yellen's replacement as the next bank-friendly Fed chair. Live Feed (due to begin at 1500ET)… Jerome Powell will be the first former investment banker to become Fed Chair (and first […]


Watch Live: President Trump Announces Jerome ‘Jay’ Powell As Fed Chair

Having been leaked to most major news organizations last night, President Trump is fully expected to announce that Fed governor Jerome "Jay" Powell is Janet Yellen's replacement as the next bank-friendly Fed chair. Live Feed (due to begin at 1500ET)… Jerome Powell will be the first former investment banker to become Fed Chair (and first […]