Silver as an investment

Category Archives: Economy of the United States

Jamie Dimon’s Memo To JPMorgan Employees: “I Strongly Disagree With President Trump’s Reaction “

With Trump’s key economic advisory forums now disbanded following a mass exodus of corporate CEOs, moments ago JPM CEO Jamie Dimon joined the pile up stating that “the members of the President’s Strategic and Policy Forum agreed to disband” and noting that “the group put out its own statement” he wanted “you to understand why […]

Meet Billionaire Kevin Plank: Maryland’s Corporate Welfare King

Via StockBoardAsset.com, A corporate cronyism scandal could be brewing out of Baltimore, Maryland this month involving Billionaire Kevin Plank (CEO of Under Armour). What is alleged per The Baltimore Post are Baltimore County Council members  supporting a ‘conditional grant in an amount up to  $ 2,000,000 to Under Armour, inc from the Maryland Department of Commerce pursuant […]

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 […]

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 […]

WHaT Do You CaLL ONe UBeR F**CKiNG TRaIN WReCK?

  How do you define big fucking train wreck? Oh Dear!: https://www.axios.com/benchmark-capital-sues-travis-kalanick-for-fraud-2… Oh My!: https://techcrunch.com/2017/08/11/uber-board-benchmark-lawsuit/ Heaven’s To Betsy’s!: http://www.telegraph.co.uk/news/2017/08/13/uber-sex-scandal-police-accus… Holy Shit!: http://www.

Zero-Emission Vehicle Credits: The One ‘Product’ That Tesla Actually Earns A Profit On

As we pointed out last week when Tesla reported its Q2 earnings, making products that actually generate a return on capital for shareholders isn’t a strong suit of the Silicon Valley powerhouse.  In fact, Elon Musk managed to burn through a record $1.2 billion of cash in Q2 alone, or roughly $13 million dollars every […]

Amazon isn’t the No. 1 villain in retail sector’s demise

Retail stocks have been annihilated recently, despite the economy eking out growth. The fundamentals of the retail business look horrible: Sales are stagnating and profitability is getting worse with every passing quarter. Jeff Bezos and Amazon get most of the credit, but this credit is misplaced. Today, online sales represent only 8.5 percent of total […]

Russian Lawyer In Donald Trump Jr. Scandal Slams Congress: “They Don’t Want The Truth”

Congressional investigators have dragged Jared Kushner, Donald Trump Jr. and Paul Manafort to grill them about a now-infamous June 2016 meeting at Trump Tower that is at the center of the Democrats’ dubious narrative that the Trump campaign somehow colluded with the Russian government to tilt the election in Trump’s favor. But for whatever reasons, […]

How Banks Hurt The Real Economy – FDIC’s Hoenig To Senate

Authored by Wolf Richter via WolfStreet.com,  "The real economy has little to gain, and much to lose.” When tighter regulations were imposed on the banks after the Financial Crisis, the largest among them, the very ones that threatened to bring down the financial system, began squealing. Those voices are now being heard by Congress, which […]

Forbes Says Self-Reliant Homesteaders Are “Delusional” And “Mooching” Off “Civil Society”

Authored by Daisy Luther via The Organic Prepper blog, It’s always interesting reading when someone smug and sanctimonious writes a clueless diatribe about another group of people being smug and sanctimonious. So when I saw that an economist for Moody’s and Forbes had written an op-ed calling self-reliant homesteaders “delusional,” I knew I’d be in […]