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Articles by Shlomo Schwartzman
Meanwhile, As The World Watched The Election... This Happened
Submitted by Simon Black via SovereignMan.com, One of the most consistent aspects of travel is that, no matter where I go, the Clinton News Network (CNN) follows me around like the albatross in Rhyme of the Ancient Mariner. I walk into an airport lounge, there it is. I hit a hotel lobby, there it is. I go for breakfast, there it is. So when I woke up this morning here in Thailand and flipped on the TV, the first thing I saw was Wolf Blitzer having an orgasm every time Hillary won an electoral vote.
China Says The US "Deliberately Hyping Up" Latest Spy Plane Intercept
In what is becoming a routine event, a US Air Force RC-135 reconnaissance plane was again intercepted by two Chinese J-10 fighter planes during a routine patrol in international airspace over the East China Sea on Tuesday, the US Pacific Command said. Stock photo of a RC-135U The US is saying that the intercept was done in an unsafe manner - "One of the intercepting Chinese jets had an unsafe excessive rate of closure on the RC-135 aircraft.
The Most Bullish Open Yet
For the 6th day in a row, the fact that the US equity market is 'open' has been a panic-buying event for "investors" - no matter what the overnight trading activity or news... Another day, another vertical ramp at the open to tag stops... Is this what human traders do? Perhaps now that the BTFD no matter what doctrine has been written into the constitution (no matter what fundamentals are doing).
Bill Kristol's Independent Pick To Take On "Roaring Jackass" Donald Trump Revealed
As reported earlier, over the weekend Weekly Standard editor and prominent neocon, Bill Kristol, one of Trump's most vocal detractors, announced that he would challenge Trump's presidential candidacy by unveiling an independent candidate, "asn impressive one, with a strong team and a real chance." This led to another heated exchange between Trump and Kristol, with Trump calling the conservative voice a "loser" and a "dummy" This is turn led to another response by Kristol who said on Twitter...
How The Baby Boomers Blew Up The Stock Market
Authored by Jesse Felder of The FelderReport.com, In my last piece, I openly worried about a few very smart investment minds who have recently attempted to rationalize or justify the persistently high equity valuations we have seen over the past 25 years. I don’t believe that, “it’s different this time.” The modern economy doesn’t have any new magical component that makes a standard stream of cash flows any more valuable than they were 50 or 100 years ago.
Debt: The Key Factor Connecting Energy & The Economy
Submitted by Gail Tverberg via Our Finite World blog, There are many who believe that the use of energy is critical to the growth of the economy. In fact, I am among these people. The thing that is not as apparent is that growth in energy consumption is dependent on the growth of debt. Both energy and debt have characteristics that are close to “magic,” with respect to the growth of the economy.
Retailer Bankruptcies Are Hailing Down on the US Economy
Another retailer is heading for bankruptcy. This time Aeropostale, with 800 teen-clothing stores, after three years in a row of losses. It’s “preparing to reorganize under a Chapter 11 bankruptcy, and could file as soon as this month, according to people familiar with the matter,” Bloomberg reported today. Upon Bloomberg’s propitious report, Aeropostale shares plunged 28% to 15 cents. It has been a penny stock since last September.
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