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WATCH OUT BELOW: Dow Jones Index Next Stop… 19,000
WATCH OUT BELOW: Dow Jones Index Next Stop… 19,000 As investors continue to believe the stock market correction is over, the next big stop LOWER for the Dow Jones Index is 19,000. When the Dow falls below 19,000, all doubt will be removed as the best investment strategy would be to sell the rallies, rather […]
Amazon Partnership With British Police Alarms Privacy Advocates
Photo: Joby Sessions/T3 Magazine/Getty Images AMAZON PARTNERSHIP WITH BRITISH POLICE ALARMS PRIVACY ADVOCATES POLICE IN LANCASHIRE, a county in northwest England, have rolled out a program to broadcast crime updates, photos of wanted and missing people, and safety notifications to Amazon Echo owners. Since February, the free app has been available to those using Alexa, […]
“This Is Not A Symbolic Action” — Indigenous Protesters Occupy Oil Platforms in Radicalized Fight Against Pollution in the Amazon
Photo: Ben Depp for The Intercept “This Is Not A Symbolic Action” — Indigenous Protesters Occupy Oil Platforms in Radicalized Fight Against Pollution in the Amazon THE SKIFFS ARRIVED a few hours after sundown on September 18, a dark and moonless night in the Peruvian Amazon. They landed at several points along the broad Corrientes […]
Battle of the Behemoths
Battle of the Behemoths As the empire deliquesces into a fetid slurry of economic failure, we stand ankle deep in the rising swamp waters witnessing the futile battle of the giants, Walmart and Amazon. Neil Howe, co-author of The Fourth Turning, wrote this week that “[t]he Amazon-Walmart rivalry will determine the future of retail.” Well, […]
Why is the MSM Covering Up Recessionary Data?
WHY IS THE MSM COVERING UP RECESSIONARY DATA? The Census Bureau put out their monthly retail sales report this morning. During good times, the MSM would be hailing the tremendous increases as proof the consumer was flush with cash and all was well with the economy. Considering 70% of our GDP is dependent upon consumer […]
The Sleepwalkers Awaken
The Sleepwalkers Awaken A host on bubblevision this afternoon noted that the S&P 500 is now down $2 trillion for the year and wondered if his panel could explain “what’s happened since January 1st?” The implication, of course, was that since no new recessions have started—- nor have any new wars been declared, polar glaciers melted or Wall Street banks […]
Amazon And The Fantastic FANGs——A Bubblicious Breakfast Of Unicorns And Slippery Accounting
Amazon And The Fantastic FANGs——A Bubblicious Breakfast Of Unicorns And Slippery Accounting At year end we posted a rant about the “Brobdingnagian” bubble embedded in Amazon’s market cap. On December 29th it was valued at $325 billion and had gained $180 billion or 55% of that towering figure in just the previous 12 months. Self-evidently this was a flashing red warning signal that the end of the […]
Discovery
Discovery It looks like 2016 will be the year that humanfolk learn that the stuff they value was not worth as much as they thought it was. It will be a harrowing process because a great many humans are abandoning ownership of things that are rapidly losing value — e.g. stocks on the Shanghai exchange […]
Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent
Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent The stock market is in far worse shape than we are being told. As you will see in this article, the average U.S. stock is already down more than 20 percent from the peak of the market. But of course the major […]
Leaked Map Reveals Big Gas Is Setting Its Sights on the Most Biodiverse Place on Earth
Leaked Map Reveals Big Gas Is Setting Its Sights on the Most Biodiverse Place on Earth Part of a map from Pluspetrol, an exploration and production company, showing its interest in areas of Manú National Park in Peru’s Amazon. (Pluspetrol) A leaked map shows that a private energy corporation based in Argentina is eyeing Manú […]
Ignore the Media Bullsh*t–Retail Implosion Proves We Are In Recession
Ignore the Media Bullsh*t–Retail Implosion Proves We Are In Recession Here we go again. The dying legacy media will continue to support the status quo, who provide their dwindling advertising revenue, by papering over the truth with platitudes, lies, and misinformation. I have been detailing the long slow death of retail in America for the […]
Why Big Tech May Be Getting Too Big
Why Big Tech May Be Getting Too Big Conservatives and liberals interminably debate the merits of “the free market” versus “the government.” Which one you trust more delineates the main ideological divide in America. In reality, they aren’t two separate things and there can’t be a market without government. Legislators, agency heads and judges decide […]
Canada Clears Way for Ecuadorean Case Against Chevron Over ‘Amazon Chernobyl’
Canada Clears Way for Ecuadorean Case Against Chevron Over ‘Amazon Chernobyl’ A protestor shows his black painted hand as he carries an Ecuador flag to protest against Chevron and the oil contamination in Ecuador’s Amazon region during a joined global demonstration in Madrid, Spain, in 2013.. (Andres Kudacki / AP) Canada’s Supreme Court ruled Friday that […]
What the Heck Just Happened in the Global Markets?
What the Heck Just Happened in the Global Markets? It was the kind of day that shouldn’t have happened. Somebody dropped the ball at CNBC, or something. Thursday evening, after three morose days in US stock markets, Amazon came out and said it made a profit! OK, a teeny-weeny profit of $92 million, a barely perceptible 0.4% […]
