The True Cost Of Corporate Profitability: The Unbearable Burnout Of “The Professional Class”
Submitted by Charles Hugh-Smith of OfTwoMinds blog, What no financial analyst dares confess is the corporate profits they cheer every quarter have come at a cost that many Americans will…
Read moreYTD Corporate Default Jump To Highest Since 2009
While many were looking forward to the weekend in last week’s holiday-shortened week for some overdue downtime, the CEOs of five, mostly energy, companies had nothing but bad news for…
Read moreThe Great Nausea
Submitted by Howard Kunstler via Kunstler.com, Historians of the future, roasting rat kabobs over their campfires, will look back at the year 2016 and marvel at the death throes of…
Read morePolice Officer Shot At Capitol, Shooter In Custody – Live Feed
Update: *SHOOTING AT CAPITOL VISITOR CENTER, SHOOTER IS DOWN: WUSA9 *CAPITOL POLICE OFFICER SHOT, NOT SERIOUSLY: AP *SHOOTER AT U.S. CAPITOL IS IN CUSTODY, AP SAYS *WHITE HOUSE ALSO ON…
Read moreAll Is Not Well In Leveraged Speculation-Land
Excerpted from Doug Noland’s Credit Bubble Bulletin, The 1987 stock market crash raised concerns for the dangers associated with mounting U.S. “twin deficits.” Fiscal and trade deficits were reflective of…
Read moreSecret Service Denies 44,000 Signatories Right To Bear Arms At RNC Convention
Following the amassing of more than 44,000 signatures petitioning for the right to open-carry during the RNC convention in July, The Hill reports The Secret Service released a statement saying…
Read moreWhat Consequences? Judge Rules Student Loans Of Broke Lawyers Can Be Cancelled
Following SCOTUS’ decision not to hear a case making it easier to get rid of student debt, and The White House’s push to ease student loan ‘burdens’, WSJ reports a…
Read moreStocks Shrug Off Dismal Data, Shootings, Bomb Alerts, And Viruses To Close Unchanged
Well that was a busy (no volume) day…But first some Easter Bunny fun… [embedded content] Overnight JPY selling juiced stocks up but as soon as reality slapped them in the…
Read moreAmerica Hits Rock Bottom: Cities Are Paying Criminals $1000 Per Month “Not To Kill”
It is widely known that in the past 6 months there has been a loud debate about helicopter money, i.e., giving out ordinary people (bypassing the banks) money directly printed…
Read moreAn Investor’s Compendium Of Wall Street Wisdoms
Submitted by Lance Roberts via RealInvestmentAdvice.com, Over the last 30-years, I have endeavored to learn from my own mistakes and, trust me, I have paid plenty of “stupid-tax.” However, it is…
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