Looking for a Major Bottom in Gold $GLD, $USD Shayne and I do not believe that the weakness in Gold and gold mining stocks is over, the outlook is that another Southside leg getting underway. Should that happen, we are positioned to profit from it. Long-term investors, traders, and speculators should be aware of the […]
Ferrari’s (NYSE:RACE) 812 Superfast V-12 Looks Back to its Roots $RACE Ferrari (NYSE:RACE) got its start building 2-seat sports GTs with V12s in the front. With ladder chassis, live rear axles, and drum brakes, they were not the most technically advanced, but they were fast, durable and beautiful, I owned a 1952 250GTE by Pinninfarina, […]
Prime Minister Theresa May on Tuesday faced her divided ministers as negotiators scrambled to secure a divorce agreement with the European Union and anxiety mounted over the risk of a no-deal Brexit. May said Monday her government was working “extremely hard” to save a deal, telling officials of London’s financial district that negotiations “are now […]
Goldman Sachs “cheated” Malaysia, leader Mahathir Mohamad said, after two former bankers from the Wall Street titan were charged over a scandal that allegedly saw billions looted from state coffers. The US Justice Department unveiled criminal charges this month against ex-Goldman bankers Tim Leissner and Ng Chong Hwa, accusing them of working with a Malaysian […]
Nothing to Justify Oil Price Rally OPEC on Tuesday trimmed its global oil demand forecasts for this year and next, as kingpin Saudi Arabia tries to cut output to bolster prices in a weakening market. In its latest monthly report covering October, OPEC said demand is expected to increase 1.5 million barrels per day (mbd) […]
Presidential Harassment by Congressional Dems Causing Stock Market Concerns, They Will Pass $DIA No matter what you think of President Trump, his reign as President has been great for stocks. US President Donald Trump issued a Tweet on Monday blaming losses in the stock market on Democrats. “The prospect of Presidential Harassment by the Dems is causing […]
Italy’s populist government was set Tuesday to defy the European Commission, preferring to risk financial sanctions than revise its big-spending budget. The coalition had been given time to change its 2019 plans but insists an anti-austerity approach will help kickstart growth in the eurozone’s third largest economy, and consequently reduce the public debt and deficit. […]
The Big Q: Is Debt Good or Bad? The Big A: Yes & Yes Debt is future spending driven forward in time. It lets you buy something now for which you do not have the cash “yet”. Whether it is smart or not depends on what one buys. Many people, businesses, and governments borrow because […]
Singapore to Become a Global Hub of Cryptocurrencies The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have successfully developed Delivery versus Payment (DvP)1 capabilities for the settlement of tokenised assets across different blockchain platforms2. This will help simplify post-trade processes and further shorten settlement cycles. 2 The DvP prototypes, developed with technology partners […]
Minorities Destroying Democracy in Australia The political focus on minority interests in Australia is destroying democracy as politicians scramble to appeal to those groups. The amount of money being wasted on minorities by the government in staggering. The cycle is pathetic, speak out against minorities the media will beat you, become pro-minority and the media […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Last Wednesday post election spike either stands on its own or platforms for a breakout. PPI at a 6 year high with prices +2.9% Y-Y. S&P 500, DJIA in excellent tests, NAS Comp work’in on it This week we see new leaders come up […]
Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]
Australia is Hiding Hate Crimes and Terrorist Attacks by Africans and Muslims Another hate driven terrorist attack in Melbourne today, this time by an African Muslim. The exact same group of African Muslims that do not exist according to the Government and Media. The media are already trying to dismiss this as a “Lone Wolf” […]
No US economists believe the Federal Reserve will raise the all-important benchmark interest rate on Thursday but they are watching closely for any signals about how concerned the central bankers are about rising prices. With the economy growing strongly and wages at long last starting to increase after years of robust job creation, central bank […]
Tesla (NASDAQ:TSLA) There is No Clear Evidence that 2018 Production is ‘Sold Out” $TSLA There is no evidence that Y 2018 production has sold out. Norway registrations continue to deteriorate. LIBOR rates are rising again in Q-4. Tesla is a Trap! It has been almost weeks since Tesla (NASDAQ:TSLA) reported its Q-3 earnings, sending the […]
Tesla (NASDAQ:TSLA) Q-3 Earnings Follow Up Scrutiny $TSLA The Zombie Element (ZEV Credits) undermines Tesla’s Earnings Tesla (NASDAQ:TSLA) beat The Street expectations for Q-3, posting a significant profit on revenue of nearly $7-B. Recall Tesla’s only other profitable Quarter, that being Q-3 of Y 2016, analysts focused on something outside the business of selling all […]
Australian Liberty Alliance Push for Smaller Government is What Australia Needs “No taxation without representation” is a slogan originating during the 1700s that summarized a primary grievance of the American colonists in the Thirteen Colonies, which was one of the major causes of the American Revolution, and that is exactly how many Australians feel right […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX NFPs report solid, shows best wage growth in 10 years. China trade, market still struggles on news. 4 day Rally paused Friday All Eyes on the US Congressional Midterm Elections Tuesday Friday, stocks opened higher then faded, trending lower into early afternoon. Positives turned to […]
Ferrari’s (NYSE:RACE) Successor to the 812 Superfast? $RACE It has not been 2 years since Ferrari (NYSE:RACE) introduced the 812 Superfast to succeed the F12 Berlinetta. And by all accounts, and it is a Supercar. But eventually the iconic Maranello Outfit will replace it. And when it does, it could look something like this. This Supercar is called […]
President Trump and The Fed Want to See Inflation $USD, $SPY, $GLD, $SLV The value of USD is determined by a number of variables. For example, this year’s trade wars with China have resulted in a stronger Buck and a weakened RMB Yuan. There are a few internal mechanisms that can be used to raise or […]
Refugee Crime Sprees in France, Germany and Australia In Germany Commenting on yet another rape by refugees, which has shocked German society and provoked yet another wave of criticism against the German government’s migration policy, Widmann-Mauz said that “the perpetrators should be brought to justice and severely punished.” “We are dealing with an abominable crime. […]
President Trump, “There is no ‘Blue Wave’” “The Blue Wave is Dead” US President Donald Trump has declared that Democratic Party’s midterm Congressional election “blue wave is dead,” saying he is confident Republicans will keep the Senate while doing “very well in the House.” “I think the blue wave is dead, frankly,” President Trump told Christian […]
Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet $TSLA Following Tesla (NASDAQ:TSLA) and Elon Musk has been Wild, that will not change in the foreseeable future. Last week stronger-than-expected Q-3 results relieved some of the pressure on the company and its deposed Chairman, Elon Musk, after a turbulent several months. In early August Mr. Musk smothered […]
Japan Joins the Global Shakedown of US Tech Giants Japan’s anti-trust authorities will probe whether tech giants such as Google and Amazon are using their market-leader positions to exploit contractors or obstruct competition, the country’s fair trade chief said Thursday. In an interview with the Mainichi Shimbun newspaper, the head of Japan’s Fair Trade Commission […]
Democrats Do Not Have the Power to Sway Economy Even With Midterm Upset $DIA, $SPY, $QQQ, $RUTX, $VXX US President Donald Trump warned that if Democrats regain political power in the midterm Congressional elections, the US economy could implode, because: Democrats would push tax hikes and environmental restrictions that stifle growth. Undocumented immigrants would steal […]
Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees? $TSLA From the outset Elon Musk’s strategy for Tesla has been bootstrapping: Use the money from the Lotus based roadster to develop and build the M-S; use cash from the M-S to develop and build the M-X; use cash from the M-X to develop and build the […]
Britain could become the first major world economy to impose a specific tax on tech giants, as international negotiations to overhaul analog-era global tax regulations drag on. The announcement was made in a budget speech on Monday by finance minister Philip Hammond, who said: “The UK has been leading attempts to deliver international corporate tax […]
The People’s Bank of China has reportedly let the renminbi slip to a 10-year low against the dollar on Tuesday. A cheaper yuan helps Chinese products mitigate the losses from US import tariffs imposed by President Trump. The official yuan exchange rate was fixed at 6.9574 per dollar on Tuesday, 0.28 percent weaker than the […]
Conservative commentators are outraged that former presidential candidate Hillary Clinton made a racist joke, saying African-Americans “all look alike” while correcting her interviewer who mixed up two Democrat politicians, but CNN ignored it, again. Video of the exchange first began making the rounds on Monday. It shows Clinton getting interviewed on Friday on a stage […]
EuroCrisis Deepens Growth in the eurozone slowed significantly in the third quarter, official data showed on Tuesday, as Italy’s economic troubles weighed and car production in Germany was disrupted. Gross domestic product in the 19-country single currency area rose just 0.2 percent from July to September, the Eurostat agency said, compared with 0.4 percent in […]
Ferrari (NYSE:RACE) Q-3 Earnings ‘Whisper’ $RACE Ferrari (NYSE:RACE) many analysts the iconic Italian automaker expect the Maranello outfit to deliver a Y-Y decline in earnings on higher revenues when it reports results for the Quarter ended September 2018. This consensus gives a good sense of the company’s earnings picture, but how the actual results compare […]
A 2019 Bear Market Event May Trigger a DJIA Move to 40,000 $DIA, $SPY, $QQQ, $RUTX, $MTAFF, $GLGDF, $RGLD, $FNV,$WPM You may recall in January 2016, the DJIA was trading at the 16,000 mark, when Yves Lamoureux, President of macroeconomic research firm Lamoureux & Co., said DIA would top 25,000 within 3-4 years. It did not take […]
Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors $TSLA Early this month, Tesla (NASDAQ:TSLA) settled with the SEC over charges that it misled investors after CEO Elon Musk, 47 anni, Tweeted that he had secured funding to take Tesla private. You remember the infamous 6 August ‘420’ prank Tweet, Yes? The SEC, which alleged […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: Over 20% of S&P 500 companies have reported, 72% have beat The Street estimates Market is concerned about the Fed overreacting, as it always does. China’s economy is in decline Halloween Market Week: Tricks & Treats The US stock market’s technical indicators suggest […]
The Eurosceptic Alternative for Germany (AfD) party has gained seats in Hesse and now holds parliamentary seats in every single German state, according to exit polls. Meanwhile, Merkel’s CDU has seen party support plummet. German Chancellor Angela Merkel’s Christian Democratic Union (CDU) suffered an electoral shock, winning only 28 percent. The results were quite a […]
Central banks around the world are turning to gold as an alternative to the US dollar, which they see as being undermined by America’s aggressive trade policy and geopolitical uncertainty. Demand for gold was up 42 percent year on year in the first quarter of 2018 among central banks, the World Gold Council (WGC) statistics […]
Tesla Will Not Survive the Regulators As if it did not have enough trouble already, Tesla is now in the cross-hairs of the regulators. US criminal investigators are probing whether Tesla Motors misled investors about the timetable for meeting key car production targets, a person familiar with the matter said Friday. The investigation was the […]
Ratings agency S & P has downgraded its outlook for Italy’s sovereign debt but left its credit rating untouched, upping the pressure on Rome amid a stand-off with Brussels over its budget. Friday’s announcement, which warned Rome’s fiscal policy was jeopardising banks’ ability to fund the Italian economy, followed last week’s decision by Moody’s to […]
Do Not Get Distracted By Tesla’s (NASDAQ:TSLA) Q-3 Profitability $TSLA Tesla posted an impressive Q-3 profit Wednesday, and the company’s top-line revenue was more stunning. The money flowing toward Tesla is more important than whether it makes or loses money on a Quarterly basis. As Tesla grows, questions could arise over its monopoly status in the EV sector, and use […]
Presidents Trump and Xi Set to Meet at G-20 in Argentina on Trade Issues US President Donald Trump and Chinese President Xi Jinping will meet at the Group of 20 nations Summit in Buenos Aires, Argentina to discuss the trade dispute between the two countries in late November. White House economic advisor, Larry Kudlow, told […]
Tesla (NASDAQ:TSLA) A Lesson in Why Not to Buy the Hype $TSLA Tesla Inc. (NASDAQ:TSLA) said late Monday evening that it expects to report Q-3 earnings after the closing bell Wednesday. Tesla stock was down 0.3% in after hours trading. The company will host a conference call at 5:30p EDT to discuss the Quarter and outlook. […]
First you ring, then push through heavy doors past a suspicious security guard before arriving at Moscow’s pioneering cryptocurrency store — a physical portal to the virtual realm of bitcoin. Russia has been at the forefront of the cryptocurrency revolution and the ultra-modern “DeeCrypto” shop, spread across two floors in central Moscow, attempts to navigate […]
Bitcoin may be the fraud of the century, depending on whom you believe, or it could be a gold mine for early adopters. Adventurous investors have already bought into the virtual currency and Wall Street is laying the groundwork for more wealth to flow into the cryptocurrency. But nobody can say how big (or small) […]
From its birth in an anonymous, academic style paper to one of the world’s most volatile and closely watched financial instruments, bitcoin has lived through a tumultuous first 10 years. Here is a look back at some of the trials and tribulations of the world’s most popular virtual currency as it stands on the brink […]
Fed Will Fade, Halt Interest Rate Hikes After December $DIA, $SPY, $QQQ, $RUTX, $VXX Jim Cramer says Fed Chairman Jerome Powell will hike interest rates once more in December and then stop. “I just think he’s going to blink,” Mr. Cramer said on TV Monday “It’s going to be 1 and done in December. That’s […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: 20% of S&P 500 companies have reported, 70% have beat The Street estimates The S&P 500, DJIA and NAS Comp held their 200-Day SMA’s Friday Market is concerned about the Fed overreacting, as it always does. China’s decline is feared, may decline further, […]
The Saga of Jamal Khashoggi, the Terrorist Jamal Khashoggi, the privileged grandson of the physician to the 1st King of Saudi Arabia, and nephew of Adnan, the arms dealer and once know as the richest man in the world, a Turk by linage and a Saudi citizen by birth and educated in the US, wanted […]
National Mandate for a Big GOP Victory in November, Brings Overseas Investors to US $DIA, $SPY, $QQQ, $RUTX, $VXX The 2018 midterm elections only 17 days away, + the political and earnings seasons are in full swing with the S&P 500 numbers coming in higher that expected with 20% of the member reported. The Big […]
The trade spat between the world’s two largest economies — China and the United States — is imperiling the entire Asia-Pacific, regional finance ministers have warned. In a statement, finance ministers meeting in Port Moresby said risks to the global economy had increased thanks to “heightened trade and geopolitical tensions”, a veiled reference to the […]
Politicians in Australia Incite African Gangs Politicians in Australia and Sudanese Community Leaders are directly responsible for the African Gang violence in Australia. Australian Politicians this week voted against a simple motion that it was “OK to be White” sending a clear message to the African Gangs that White Australians are fair game. IT'S OKAY […]
They once produced must-see television shows like “Seinfeld,” “ER” and “Friends” but America’s broadcast networks are facing a major crisis, as more and more viewers cut the cord in search of innovative content elsewhere. Some are even wondering if there is a future for scripted television at ABC, CBS, NBC and Fox, which were roundly […]
US officials announced Tuesday negotiations for separate trade agreements with Britain, the European Union and Japan as part of efforts by President Donald Trump’s administration to rebalance global commerce. US Trade Representative Robert Lighthizer said the administration notified Congress of its intent to negotiate the three separate trade agreements. “We are committed to concluding these […]
China’s growth downshifted in the third quarter as investment slowed and the widening trade conflict with the United States weighed on sentiment, according to analysts surveyed by AFP. The world’s second largest economy expanded by 6.5 percent in the July to September period, the poll of 12 economists found ahead of the official release of […]
When Canada legalizes recreational pot Wednesday, market watchers predict the birth of a new industry — creating thousands of jobs, investor euphoria, a new tax source for governments and maybe even tourism. Hundreds of licensed growers have sprouted in anticipation of the end of pot prohibition, attracting major investment. In just the past year, the […]
Asian markets staged a much-needed rally Wednesday as investors tracked Wall Street’s best performance in more than six months thanks to a healthy round of earnings reports. Bargain-buyers took advantage of the strong readings from some of the world’s top firms to step back into the mix, with a dip in US Treasury yields and […]
Expect Strong Earnings, Forward Expectations to Drive Markets to Record Highs $DIA, $SPY, $QQQ, $RUTX Wall Street’s longest Bull market rally is alive and well after last weeks healthy pull back and will continue to run North into the record territory. Last week’s pull back action is not indicative of any fundamental changes in the […]
Tesla’s (NASDAQ:TSLA) CEO Elon Musk Taking ‘Refuge’ in Tequila $RACE Tesla’s (NASDAQ:TSLA) Musk Controlled Board Needs More Manufacturing Expertise Elon Musk, 47 anni, is smart, maybe brilliant and larger than life for many of his cultish followers. And like outstanding entrepreneurs before him, there comes a time when breaking all the rules has adverse effects. For him […]
Terminal Debt a Danger to USA The US budget deficit hit a six-year high of $779 billion in the most recent fiscal year, the Treasury announced Monday, underscoring the cost of last year’s sweeping tax cuts. President Donald Trump hails the tax cuts as a boon to the economy, but corporate tax receipts dropped sharply […]
President Trump Dominated ’60 Minutes’ Interview The interview played into the hands of our media-savvy President On Oct. 14, CBS’s “60 Minutes” aired an interview with President Donald Trump — rare for its status as having appeared outside of Fox News or conservative media. Appearing the same weekend as First Lady Melania Trump’s appearance on […]
Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months $TSLA Wall Street is asking: “where it it going to come from?” By the end of Y 2018 Tesla needs to come up with about $1-B to give to creditors, it does not have it. So, forget the libel lawsuits and the Twitter wars, the […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, earnings season starts in earnest For now traders are playing an oversold bounce. But, if this is a relief move, the later you enter, the worse risk/reward. So, be selective if you are adding more bounce plays. Also, look at some areas receiving […]
Expect No Action Over Islamic Extremist Jamal Khashoggi What CNN is not telling you is that Jamal Khashoggi was an Islamic Extremist with close ties to the Islamic Brotherhood. Deliberately media coverage on Khashoggi’s ties to the Global Muslim Brotherhood are ignored. For example, British author and journalist John R. Bradley reports that Khashoggi joined […]
Brexit Latest Update Exhausted diplomats in Brussels have taken to calling this stage of the Brexit negotiations “The Tunnel”. British and EU officials are negotiating day and night to get to the outline of a Brexit deal by Wednesday. They need to resolve the final sticking points, notably on customs checks for Northern Ireland, before […]
China’s central bank governor Sunday sought to cool the temperature on a brewing trade-and-currency war with the United States, calling for “constructive solutions” as the spat threatens to knock the world economy. Speaking on the last day of the IMF-World Bank annual meetings in Bali, Yi Gang warned that the stakes could hardly be higher […]
Disruption and Investors’ Fear of Missing Out $NFLX, $TSLA A new study from UC Riverside and the Rotterdam School of Management finds that fear of missing out motivates investors to give money early to startups with a disruptive vision. Many early backers are reluctant to invest too much in unproven ideas that might not take […]
China’s trade surplus with the United States ballooned to a record $34.1 billion in September despite a raft of US tariffs, official data showed Friday, adding fuel to the spiraling trade war. China’s exports to the US rose to $46.7 billion while imports slumped to $12.6 billion, according to the customs administration. The world’s top […]
US Financial Market ‘Flushing’ Out Excesses Ahead of Santa Claus Rally $SPY, $QQQ, $VXX Investor Fear Can Only Mean Stocks Will Surge Even Higher The CBOE Volatility Index spiked to 25.57, its highest mark since February. Byron Wien predicts that the stock market will rally after the midterm elections The next recession is 3 or […]
Looking at the US Home Mortgage Market $DIA, $SPY, $QQQ Last week the Dow Jones on Tuesday and Wednesday closed at all-time highs, this week it pulled back. That makes 4 new BEV Zeros in the BEV chart below in the past ten trading days, and that’s something I can’t complain about. If you compare […]
Hillary Clinton got called out for hypocrisy after she argued that sexual harassment allegations against her husband, Bill Clinton, were different from those high-profile Republicans face, as they were thoroughly investigated. In an interview to CNN’s Christiane Amanpour on Tuesday, former Democratic presidential nominee rejected parallels between allegations of sexual misconduct against her husband and […]
Australia Needs More Intolerance Refugees, Taxes, Government Waste and the erosion of Australian Culture and Tradition by Cultural Marxists, these are just some of the things Australia must be less tolerant of in the future. Australia has become a left-wing disaster. Stop Funding Universities that are Teaching these things: Leftist @MonashUni want to Kill New […]
Hillary Clinton Urges Violence in Politics Republicans only respect strength and Democrats can only afford civility if they win in the upcoming midterms, Hillary Clinton has argued against the backdrop of increasingly violent US politics. “You cannot be civil with a political party that wants to destroy what you stand for, what you care about,” […]
IMF, UN Globalists Launch Fresh Attack on Trump The IMF are attacking Trump on trade and the UN are trying to scare up some support using climate change. It is a big week for the Globalists as they try to resist the rising political opposition to their vision of the world. According to the IMF […]
China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by one percentage point, the fourth time this year the country has sought to free up credit for businesses as they face down $250 billion in US tariffs. The move to cut the amount of cash which most commercial […]
The Big Q: Can Anyone on Tesla’s (NASDAQ:TSLA) Board Tame Elon Musk? $TSLA Tesla’s (NASDAQ:TSLA) board has been quiet since its deposed COB, Elon Musk went on another Twitter tirade, this time Vs the SEC, raises new Questions about who has what it takes to oversee this very unpredictable man who sits in the Corner C-Suite, sleeps […]
Saudi Crown Prince to US President Trump, “We have replaced all Iran’s lost Oil” $OIL, $USO, $UGA Saudi Arabia’s Crown Prince said that the Kingdom is fulfilling promises to make up for Iranian Crude Oil supplies lost to American sanctions. “The request that America made to Saudi Arabia and other OPEC countries is to be […]
Tesla’s (NASDAQ:TSLA) Despondent CEO, Elon Musk, Knows the “Deception is Up” $TSLA Friday, hedge fund manager David Einhorn hammered Tesla Inc ($TSLA) and its “despondent” CEO Elon Musk, comparing the niche EV company to Lehman Brothers Holdings Inc, where he had flagged accounting problems several months before its Y 2008 collapse. “Like Lehman, we think […]
US Might Lose Grip on Global Banking Finally Bern will take part in any new payment system if it were created as an alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), according to Swiss Ambassador to Moscow Yves Rossier. Switzerland’s position on the issue of creating payment channels that are independent of the […]
Trade War Hits Oil as China Dumps USA America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow. While oil has not been included on the list of bilateral tariffs, Chinese refiners have been staying away from buying crude […]
The head of the IMF Thursday called for an overhaul of Japan’s economic policy, as the world’s third-biggest economy battles stubborn low inflation, sluggish growth and a rapidly ageing population despite the fact that she was active in shaping Abenomics, and encouraged the printing of money at record rates. The hypocrite Christine Lagarde called for […]
Campaigners for a second referendum on Brexit are braving scepticism and even hostility as they hit Britain’s streets as part of a growing movement to get Britons to change their mind. More and more politicians are calling for another vote and recent polls show some 40 percent of the population support it but reactions are […]
Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits $TSLA Tesla (NASDAQ:TSLA) may have emerged from ‘production Hell”as the company met Wall Street expectations producing 80,142 vehicles in Q-3, about 50% more than its prior high set in it’s last Quarter, that according to the company. The latest numbers included 53,239 M-3s, just under the 5,000 or so cars […]
Expect Bumper Christmas Shopping Tariffs won’t play the Grinch this Christmas, as US stores should have a solid holiday shopping season amid a strong economy, the National Retail Federation said Thursday. The retailer group highlighted robust US job growth and healthy consumer confidence, as elements that will help drive a 4.3-4.8 percent rise in holiday […]
Softbank and Toyota to Take on Tesla Japanese car giant Toyota and conglomerate Softbank on Thursday announced they would create a joint venture to provide “new mobility services” including autonomous vehicles for services such as meal deliveries. The new company will be called “Monet” — short for “mobility network” — and will be 50.25 percent […]
Hillary Clinton, Barack Obama, and ‘Russiagate’ witch-hunter Robert Mueller Should be Investigated The FBI is facing new calls to declassify documents relating to the sale of US uranium to a Russian company, documents that could implicate Hillary Clinton, Barack Obama, and ‘Russiagate’ witch-hunter Robert Mueller. While Clinton and crew relentlessly push the idea that the […]
The dollar continued to brush aside other currencies Thursday after further proof of the booming US economy sent Treasury yields surging, but Asian equities sank with more Federal Reserve rate hikes looking certain. A forecast-busting private jobs report, a surge in activity in the services sector and optimism in the retail market were the latest […]
African Gangs of Muslims Attack Melbourne Again Australians have been left terrorised after 100 African Muslim youths attacked a train in Melbourne. Police were called to a park in Melbourne just after 7.30pm after receiving reports of a yet another serious assault. The Africans then proceeded to attack the train station and train, threatening commuters […]
Italy Doomed as it Caves to EU Pressure Italy’s government will bow to pressure from Brussels and reduce its budget deficit targets for 2020 and 2021 in a bid to reassure skittish markets, two Italian dailies reported Wednesday. After declaring last week it was setting the public deficit at around 2.4 percent of gross domestic […]
Julie Swetnick Democrat Fraud: Avenatti Should be Disbarred Julie Swetnick, the third woman to accuse Supreme Court nominee Brett Kavanaugh of sexual assault, has been slammed for giving a TV interview full of wild and unprovable allegations. In an interview with MSNBC on Monday night, Swetnick said that she saw Kavanaugh “go up to girls […]
Democrats Attack Sexual Assault Victim The Democrats have some peculiar double standards but none stand out as much as their double standards on sexual assault. With the Democratic party now demanding that survivors of sexual assault be believed and their motives for coming forward unquestioned, one woman’s story isn’t deserving of the same respect: White […]
World Muslim Communities Council Tells Muslims to Integrate While weak politicians in the west encourage extremism that is not the path Islam encourages, this is clear when reading anything from the Abu Dhabi-based World Muslim Communities Council. While in the west we are subject to all forms of extremist views the reality is Islam is […]
South Africa’s New Apartheid: Seizing Land from White Farmers President Cyril Ramaphosa has embraced the plan to expropriate land from white farmers without compensation and redistribute it to the landless black majority. The South African government has announced it will start a process of briefing American companies based in the country on the theft of […]
Oil prices held around four-year highs Tuesday after another blistering rally, supporting energy firms, but most markets were in retreat as traders brushed off a positive lead from Wall Street and the US-Mexico-Canada trade deal. Crude has motored in recent weeks on concerns about supplies after sanctions are imposed on Iran next month, while OPEC’s […]
US China Trade War Continues Even as he announced a new trade deal with Canada and Mexico on Monday, US President Donald Trump again went after China, making it clear a truce with Beijing was unlikely to come soon. Trump told reporters China wanted to open negotiations but “frankly, it’s too early to talk.” With […]
US Manufacturing Sector Going Strong The US manufacturing sector slowed last month, easing slightly off a 14-year high in August as materials prices rose while orders, deliveries and inventories decreased, according to an industry survey Monday. Exports decreased to their slowest level in 10 months while companies complained of disruption from tariffs, rising prices, squeezed […]
Anti-Trump IMF Still Claiming Growth is Slowing The IMF is a globalist organization that is opposed to Donald Trump making America Great again. After sounding the alarm for years about threats to the global economy, International Monetary Fund chief Christine Lagarde said risks had begun to materialize and were slowing growth. In a poorly timed […]
Europe has Failed: Italy Next to Exit Eurozone finance ministers firmly warned Italy on Monday to abide by EU rules on public spending, as Rome accused Brussels of economic “terrorism”. The war of words took place just days after Rome announced a big spending boost in defiance of the European Union that has spooked the […]
Kanye West is Right About 13th Amendment US rapper Kanye West, fresh from his Saturday Night Live (SNL) beating for being honest, the internet has given him yet another one, suggesting in an cryptic post that the amendment that abolished slavery is itself “slavery in disguise” and should be removed, and guess what, he is […]
Tesla’s (NASDAQ:TSLA) Elon Musk Future Uncertain, Criminal Charges Maybe Ahead $TSLA Sell all rallies in Tesla is still our call CEO Elon Musk’s future with Tesla (NASDAQ:TSLA) is a bit clearer after the company settled a securities fraud lawsuit with the SEC, but there are other clouds hanging over the niche EV maker. Under an […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week: new money, earnings season, and the jobs report Friday. September was not a Southside month this year, solid but not huge. So many participants are expecting a selloff in October. It may happen, though it did not happen last year after a […]
Tesla has promised to revolutionize the automobile, but the high-end electric car maker keeps hitting road blocks created by its founder Elon Musk’s erratic behavior and considerable ego. Those traits contributed to fraud charges brought against Musk on Thursday by federal regulators, a potentially serious blow coming just as Tesla is ramping up efforts to […]