Apple inches closer towards being the first TRILLION dollar company
Daily Mail | Apple, Amazon and Google have been racing to reach the $1 trillion milestone.
Tag: Money Watch
U.S. oil cracks $70, dollar heads towards 2018 high
Reuters | Oil prices jumped to their highest since late 2014 on Monday.
Airplane and oil deals at risk in Trump pullout of Iran deal
AP | From airplanes to oilfields, billions of dollars are on the line for international corporations as President Donald Trump weighs whether to pull America out of Iran’s nuclear deal with world powers.
A full-blown, US-China trade war would mean a ‘significant’ blow to global growth, warns S&P Global Ratings economist
CNBC | If the trade spat continues, consumers could spend less and firms could stop investing.
US-China Trade Talks End Without A Deal After Trump Hikes Deficit Cut Demand
Zero Hedge | The surprise is that the revised $200BN target is already double the $100BN amount that President Trump demanded just two months ago be wiped from last year’s $337BN US deficit in goods and services.
Greg “The Big Short” Lippmann Says Corporates Will Cause The Next Crisis
Zero Hedge | “Corporates are more levered than they were pre-crisis, and I think structured products are not going to be the epicenter.”
Venezuelan Currency Set to Inflate By 13,000 Percent
Louder With Crowder | Time for the workers to gather and let those bourgeoise asshats know they’re coming to make the wealthy’s money their own.
“It’s A Historic Day”: The US Economic Expansion Is Now The Second Longest On Record
Zero Hedge | This US economic expansion now becomes the outright second longest in history with data going back over 164 years and 34 business cycles.
US Savings Rate Slides As Spending Outpaces Income Growth For 26th Straight Month
Bloomberg | For the 26th month in a row, US spending growth outpaced income growth.
Oil Hedge Fund Manager Says $300 Oil ‘Not Impossible’
Bloomberg | Andurand says on Twitter lack of investment risks price spike.
SHOWDOWN: Trump Blasts EU ‘Formed to Take Advantage’ of U.S., Warns U.S. Will ‘Not Do Business’ With EU Without Reform
Breitbart | “We’re going to [these markets] opened up or we’re not doing business with these countries.”
Peter Schiff: ‘The Fed Is Like Mr. Magoo! We Are Headed For A Massive Financial Crisis’
Mac Slavo | Peter Schiff has been saying that even though the stock market is on a slow downward slide, the biggest problem is actually in the bond market.
800,000 people are about to flee New York and California because of taxes, say economists
CNBC | Laffer and Moore (who have both advised President Donald Trump) say the new tax bill will cause a net 800,000 people to move out of California and New York over the next three years.
Media Ignore Lawsuit Claiming Hillary Campaign Laundered $84 Million
Newsbusters | “The contributions qualified as donations to the Clinton campaign for purposes of federal campaign-finance law, and … exceeded the legal contribution limits.”
$46,654: Annual Cost of Detaining Illegal Alien Exceeds Average American Income
CNS News | ICE also made a $4,000 multiplication error in calculating its fiscal 2018 budget justification, the report said.