Celadon Group, one of the larger full-truckload operators in the US with about 3,000 drivers and about 2,700 tractors, said today – confirming days of rumors – that it filed for Chapter 11 bankruptcy...
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The Pentagon cannot be pleased with the Washington Post today. That’s because the Post has just disclosed a mountain of previously secret documentary evidence within the military showing that the Pentagon has been intentionally...
Surprise!! It turns out that China commenting that it believes/hopes that tariffs will be delayed next week is not enough for anything but headline-reading algos. White House Chief of Staff Mick Mulvaney just injected...
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The key takeaway here is that over the past 4 years S&P 500 companies after-tax profits increased 50%, while the earnings of everyone else recorded a decline of roughly 30%. How can that possibly...
Let’s stipulate that 2019 has been a giant rescue operation, a central bank induced multiple expansion: I would argue that everything changed in October when the repo scare forced the Fed to go full...
Ambassador Marie Yovanovitch, Senator Lindsey Graham and Senator John McCain meeting with corrupt Ukraine President Petro Poroshenko in December 2016.
As the late Dr. Kurt Richebacher would often repeat, “the only cure for a Bubble is to not let it inflate.” Certainly, the longer Bubbles expand the greater the underlying fragilities – ensuring timid...
I’ve said multiple times before that there are no more markets really, or investors, because central banks have killed off the markets. There are still “contraptions” that look like them, like the real thing,...
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Interesting piece by the FT today that only one-third of Americans feel the benefits of the great bull market. Only 40 percent of the population realizes stocks are up for the year. These are tough numbers...
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A banana duct-taped to a wall is on sale for $120,000 (£91,295) at the Art Basel Miami Beach art fair this week… .
In the latest reversal to his campaign promise to bring American troops home, the Trump administration is considering “significantly expanding” the US military footprint in the middle east, by sending as many as 14,000...
Marco Rubio is the latest public figure to join the burgeoning anti-liberal and anti-market movement masquerading itself as being defending “the common good” from the greedy claws of the rapacious capitalists. Writing in National...
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In the past 5 years, the S&P 500 stock index has risen over 50% and during that period operating profits for non-financial companies have declined over 15%, a drop that has always been associated...
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Until now, China had largely kept the key hurdles in the ongoing US-China trade talks close to the vest, fearful that “breaking the embargo” so to speak on what have been confidential talks so...
What about the one week when the Fed’s balance sheet shrank? That was the only week in the past two months since the launch of “NOT QE” when the S&P dropped.
Unfortunately, this is now the hive-like opinion in the international monetary order. You better watch out. The globalists are coming for your savings – and they have already initiated the war on your piggy...
US exports of crude oil and petroleum products – this includes gasoline, diesel, jet fuel, naphtha, and many others – exceeded imports in September by 89,000 barrels a day, the EIA reported today, and...
The Ministry of Agriculture and Rural Affairs published new data on Friday that shows the number of hogs in China dropped 40% in Oct. YoY. The decline is mostly due to the African swine...
it would be appropriate today to remember that the original Thanksgiving celebrated the demise of the “spread-the-wealth” economic system that the colonists at Plymouth Rock initially established.The story of socialism at Plymouth Rock is...
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Speaking of externalities, that’s all this is. The eurodollar market stops providing China with “dollars”, or makes it that much harder for its banks to source them (from Japan, mostly), fewer end up in...
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These truthless assertions are meant to let both the CIA and the FBI off-the-hook for opening the “Crossfire Hurricane” investigation on bogus evidence they furnished to the FISA judges. Both Goldman’s news story and...
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And it’s brutal on investors at prevailing prices. The industry has been cash-flow negative from get-go. The high prices of oil and gas the industry needs to be cash-flow positive are being prevented by...
A new addition to the body of leaks which have been hemorrhaging from the OPCW shows that such skepticism was indeed entirely warranted. A leaked email sent shortly before the interim report was published reveals that the chlorinated...
Let’s start with a fact: Meddling in the 2016 election by Ukrainian politicians and government agencies happened. The above is true and no amount of denial is going to change that. What’s more: Ukrainian...
And so Lt. Col. Vindman, here are the 28 primary factual elements in my Ukraine columns, complete with attribution and links to sourcing. Please tell me which, if any, was factually wrong. ...
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