Silver as an investment

Category Archives: business

New York Fed Manufacturing Surges To Highest In Three Years But Profit Margins Crushed

The August Empire State Manufacturing Index printed at a blistering 25.2, reversing last month’s plunge to 9.8, smashing expectations of a 10.0 print, and the highest print since September 2014. The surge was driven by the new orders index which rose seven points to 20.6 and the shipments index, which hit 12.4. Meanwhile, delivery times […]

Retail Sales Rebound In July – Biggest Jump Since Dec 2016 On Record Auto Incentives

After declining for two straight months, US Retail Sales in July rebounded dramatically to a 0.6% MoM gain – the most since Dec 2016 – driven a surge in motor vehicles (record incentives) and department stores (more inventives?). Year-over-year saw upward revisions and a rebound to a 4.2% rise in July. The last two month's […]

Kelly Loses Control Again As Trump Inadvertently Retweets User Calling Him A Fascist

Judging by this morning’s presidential twitter blooper reel we can only assume that General Kelly didn’t make the trip to New York City with President Trump last night. Trump’s latest unforced error came when he attempted to retweet a Fox & Friends story which said that he was considering a presidential pardon for former Maricopa […]

U.S. Restaurant Industry Stuck In Worst Collapse Since 2009

Shortly after we reported that the “restaurant industry hasn’t reported a positive month since February 2016“, we can add one more month to the running total: according to the latest update from Black Box Intelligence’s TDn2K research, in July both same-store sales and foot traffic declined once again, and this time the slide was more […]

Intel CEO Resigns From Trump Manufacturing Council Over “Divided Political Climate”

The CEOs on President Trump's Manufacturing Council are dropping like flies as they realize, one by one, this weekend's media mayhem surrounding Trump's comments about the chaos in Charlotteville is the perfect excuse to detach from the Trump bandwagon. Following Merck's Ken Frazier and Under Armour's Kevin Plank, Intel CEO Bryan Krzanich chose to resign […]

Used Car Prices Crash To Lowest Level Since 2009 Amid Glut Of Off-Lease Supply

The U.S. auto market is at an interesting crossroads with used car prices crashing to new lows every month while new car prices continue to defy gravity courtesy of a somewhat ‘frothy’, if not suicidal, lending market that has seemingly decided that anyone with a pulse is financially qualified for a $0 down, 0% interest, […]

Russia-gate’s Fatally Flawed Logic

Authored by Robert Parry via ConsortiumNews.com, By pushing the Russia-gate 'scandal' and neutering President Trump’s ability to conduct diplomacy, Democrats and Congress have encouraged his war-making side on North Korea… There was always a logical flaw in pushing Russia-gate as an excuse for Hillary Clinton’s defeat – besides the fact that it was based on […]

Shocking Admission From Global Head Of Strategy: “Our Clients Have Given Up On Valuation As A Metric”

For all the recent concerns about an “imminent” nuclear war with North Korea (not happening, according to the head of the CIA), which prompted a stunned reaction from Morgan Stanley which earlier today observed the “70% rise in the VIX index over three days, 2% drop in global equities, and more than a few holidays […]

Shamir Urges Trump: “Bring Me The Head Of Jeff Bezos”

Authored by Israel Shamir via The Saker, Here is what Donald Trump should call for this morning. This is the right time to up his ante in the struggle against the Lügenpresse. All his efforts to fix the sinking ship of the US society are in vain with a breach below the waterline. If the […]

Hertz – The Final Nail In The Coffin

Authored by Daniel Ruiz via Blinders Off blog, As a disciplinarian in the automotive sector, my focal point is concentrated on the study of used vehicle values and how they affect the automotive industry as a whole. Measure the Cause to Predict the Effect There are several subcategories that help predict the trajectory of used […]