Loading ...40% of Americans can’t cover a $1000 emergency without borrowing money.
Prospective homeless people in the next downturn.
FYI
DAVID ROSENBERG–ECONOMIST
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Donald Trump boasts of the US industrial boom in Davos. Obviously clued out that ISM mfg is at a June ‘09 low; there’ve been no mfg jobs created since July; and industrial production actually lower now than it was 14 yrs ago! Find the antonym to ‘boom,’ and you have the story.
A ZH reader on the stock mkt and the deteriorating economy
watch when congress allows student debt relief …on top of stimulus of infrastructure bills Trade agreements and exploding energy sectors …added cherry on Top…accept it invest in it..get rich
You’ve gotta like these guy’s dividend policy
Gold Resource Corporation Achieves Record 2019 Annual Gold Production, Up 50% Year-Over-Year
https://finance.yahoo.com/news/gold-corporation-achieves-record-2019-130010404.html
rno,
the longest natgas chart i could find was 14 years, but i see the pattern. each cycle low is successively lower. the cycle highs are also successively lower. that suggests that there may be further downside. that would depress the share prices of the companies with natgas exposure. since gasx is a 3x bear of a basket of just such companies, its prospects for the near term look pretty good.
even if there is not much further downside in gas price, holding at low levels would depress the shares of those companies, which looks good for gasx near term.
https://markets.businessinsider.com/commodities/natural-gas-price
(link defaults to one year. hit max for longest)
Morning Maddog
I guess that’s France’s form of “re-education” for that intellectual and to think there are a large swath of people, mostly young, who want Bernie Sanders to be elected. The socialist.
Thought we were going to get smacked around this am when I looked last night but not too bad. We can come back from this pretty easily.
Maddog
Does Soros have unlimited income?
He’s over here causing trouble too.
As long as people have a mindset to be dependent on the government instead of themselves and each other this is what can happen. They set it up that way. Trust the government. Now they’re going after their pensions to pay for the immigrants? This is what happens when retirement funds goes into general funds instead of private funds.
It would be like a long time waitress with kids to feed dependent on their tips
and has to train a trainee. While the trainee is following her around the trainee is taking the waitress tips off the table pocketing it for her or himself. The waitress would be the citizen the trainee is the immigrant.
Soros is accustomed to taking other people’s money. That’s how he got started. He didn’t feel guilty then and doesn’t now.
Goldielocks
the EU/France is what u get when u let Soros run the joint….total chaos and societal breakdown.
Heads up
Immunization with SARS Coronavirus Vaccines Leads to Pulmonary Immunopathology on Challenge with the SARS Virus
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3335060/?fbclid=IwAR14FslpOn-CpchLU_q0DFrhbytraRrS24sAzfGTNo-gAHcZQRbals6bRRo#!po=0.543478
Maddog
That sounds like a living hell over there. La Pen should have been voted in the first time. They’re ancestors fought to save their country from ethnic and religious cleansing scam once by a few psychopaths.
Someone once said who left Europe all the brave ones were killed off fighting or managed to get out as they did leaving before , after the war the weak and clueless were left behind. Perhaps they’re right if they stand by and let their people be held hostage and killed off. Did these carrear politicians get tired of their culture and decided to change it to mid evil style? Jokes aside.. The third world over populated so spreading out instead of solving their own problems which they seem incapable and now are creating the same problems that go along with poverty and ignorance to others. They’re shedding their unwanted on anyone stupid enough to let them in. They probable opened their prisons like Castro and have them a one way ticket. They appreciate nothing and will just see them as hostages they can run over and used this PC crap to do it. If they don’t do anything their ancestors died for nothing. The question is are they not important? There’s a difference between civilized and doing nothing against those who are not. They got to get out of their comfort zone before they don’t have it.
I’m glad they’re protesting and the media is hiding it from us too. Their weak judges are just as bad that let civil rights as well as rule of law go to sea on their watch. They got a lot of bad players behind the scenes.
French Intellectual Sentenced To 2 Months Jail After Calling Mass Immigration An “Invasion”
Just been in France and it is way worse than before, or we hear about …..There are massive demonstrations every Saturday in Paris against Macron….he is hated and it looks like Le Pen will be next President. The high speed train network, the TGV has been on strike for last 45 days and counting…..no trains at all ….Galleries Lafayette, the Bloomingdales of Paris was closed down in the run up to Christmas by demonstrators….
