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Zero Hedge On a Long Enough Timeline, the Survival Rate for Everyone Drops to Zero- Fedex Tumbles After Warning Of "Continued Weakness In Global Trade" June 25, 2019After slashing guidance on more than one occasion heading into earnings, moments ago the world's logistics belwether and the company that is arguably most impacted by ongoing trade war, FedEx, reported Q4 results that were generally stronger than consensus estimates: Q4 adjusted EPS $5.01, stronger than the $4.81 EPS (this was $5.34 back in mid-March wh […]Tyler Durden
- Conditions On San Francisco Streets Like "Slums Of Mumbai, Delhi,... & Manila" June 25, 2019Authored by Michael Snyder via The Economic Collapse blog, Once upon a time, some of the most beautiful cities in the entire world were on the west coast, but now those same cities are degenerating into drug-infested cesspools of filth and garbage right in front of our eyes. San Francisco is known as the epicenter for our tech industry, and Los Angeles prod […]Tyler Durden
- Bonds, Bitcoin, & Bullion Jump; Stocks Dump On Powell-Pullback, Trade-Talk June 25, 2019A stunned equity market could not believe that Batman Powell and Doveboy Bullard dared to talk down the odds of a 50bps rate-cut in July... Ugly day in China overnight after Monday's snoozefest... Mixed bag in Europe with a weak open but France and Spain rallying into the close (still red on week)... Ugly US housing and confidence data did not hel […]Tyler Durden
- US Set To Delay New China Tariffs... And Why This Is The Worst-Case Market Scenario June 25, 2019Over the weekend, when previewing the most likely outcome of the Trump-Xi talks, Goldman's political analyst Alec Phillips said that "a commitment to re-engage seems the most likely outcome. US officials, including President Trump and US Trade Representative Lighthizer, have emphasized their interest in restarting talks." As Phillips further n […]Tyler Durden
- The Fatal Conceit Of Central Planners Dies Hard June 25, 2019Authored by Peter Schmidt via The92ers.com, There are two important points to remember when it comes to the financial crisis of 2008. The root cause of the financial crisis was a "purely human factor. This human factor is the completely false sense of omnipotence, self-importance and entitlement among the country's elite, as well as the nurturing […]Tyler Durden
- Fedex Tumbles After Warning Of "Continued Weakness In Global Trade" June 25, 2019
- Business Insider
- House Oversight Committee to vote on whether to force Kellyanne Conway to testify over alleged Hatch Act violations June 23, 2019Jim Young/Reuters White House counselor Kellyanne Conway may be forced to testify before the House Oversight Committee if she doesn't attend a hearing this week concerning her Hatch Act violations. The Hatch Act prohibits employees in the executive branch from engaging in political activity while working in their official roles. The Office of Special Co […]Ellen Cranley
- 40 Big Tech Predictions for 2019 June 23, 2019Digital transformation has arrived. Not a single industry is safe from the unstoppable wave of digitization that is sweeping through finance, retail, transportation, and more. And in 2019, there will be even more transformative developments that will our businesses, careers, and lives.See the rest of the story at Business InsiderSee Also:AT&T and HP Ent […]Business Insider Intelligence
- Ravelry, a social network for knitters with 8 million members, banned users from showing support for Donald Trump on the platform June 23, 2019Lucy Nicholson/Reuters On Sunday, an online knitting community with 8 million members called Ravelry announced it was banning support for President Donald Trump and his administration on its site. It said that it would ban posts or content supporting Trump, but it would not delete project data, nor would it ban members who support Trump, as long as they don […]Rosalie Chan
- The Frywall made famous on 'Shark Tank' is a game changer that reduces the mess of cooking — here's why I like using it June 23, 2019Frywall Making delicious fried foods and other oil-intensive dishes comes at a cost: the mess of oil splatters on your body and surrounding kitchen space. The Frywall ($17.95-$28.95), a silicone kitchen accessory that fits into your pan like a funnel, is a twist on the traditional splatter screen. It does a better job of containing oil splatters, doesn […]Connie Chen
- Alexandria Ocasio-Cortez used air horns to emphasize her LGBTQ policy points at Bronx Pride June 23, 2019REUTERS/David 'Dee' Delgado Congresswoman Alexandria Ocasio-Cortez made an appearance at Bronx Pride on Sunday to give a speech about LGBTQ policies – along with some air horn sound effects. Her policy points included making PrEP free for all, tackling the LGBTQ youth homelessness crisis, and criminal justice reform. Read more stories like this on […]Kat Tenbarge
- House Oversight Committee to vote on whether to force Kellyanne Conway to testify over alleged Hatch Act violations June 23, 2019
- Naked Capitalism
- 2:00PM Water Cooler 6/25/2019 June 25, 2019Today's Water Cooler: Biden, Sanders, Warren, DNC and debates, knitters, Google donations, DSA dog caucus, manufacturing, Toys "R" Us, Amazon, Comcast ripoff, Green New Deal, permafrost, forests, weed, Neon Genesis Evangelion, Zork, epic trollingLambert Strether
- “Convenience” for Whom? June 25, 2019Lambert goes to the convenience store and buys coffee.Lambert Strether
- Links 6/25/19 June 25, 2019 Yves Smith
- Are Economists Blocking Progress on Climate Change? June 25, 2019As they so often do, by promoting unrealisitc models, economists have become part of problem rather than the solution.Yves Smith
- Why Public Schools’ Best Days Could Be Ahead of Us June 25, 2019Some urban public schools, like the ones in St. Louis, are about to regain substantial local control after budget crises made them wards of the state (government). Will these cities be able to take advantage of this opportunity?Yves Smith
- 2:00PM Water Cooler 6/25/2019 June 25, 2019
- The Big Picture
- MIB: Avoiding the Behavior Performance Penalty June 25, 2019How can investors use inexpensive index strategies yet still generate returns that outperform the markets? According to Chris Brightman, chief investment officer and partner at Research Affiliates, the solution to that particular challenge is the combination of fundamental indexing and factor investing. In our Masters in Business conversation this week, he n […]Barry Ritholtz
- Whats Up With the Labor Market? June 25, 2019I started doing some research for a new column involving the very low unemployment rate, why wages are lagging (Still), and what is being called full employment. I am finding lots of things that are confusing, if not outright conflicted. Consider these factoids: 3.6% U3 Unemployment rate is considered full employment — but wage gains… Read More The post What […]Barry Ritholtz
- 10 Tuesday AM Reads June 25, 2019My Two-for-Tuesday morning train reads: • How a janitor at Frito-Lay invented Flamin’ Hot Cheetos (The Hustle) • Hey, middle class, the housing crisis is coming for you next (Curbed) see also Dude, my house is worth more now, right? Because of that one thing. (Sacramento Appraisal Blog) • Want to save more in your… Read More The post 10 Tuesday AM Reads appe […]Barry Ritholtz
- Trade War: Interactive Graphic June 25, 2019The Trade War Is Exposing What Little U.S. Tech China Still Needs click for interactive graphic Source: Bloomberg Very cool interactive graphic showing a variety of key technology components, the companies that use them, and what products and services they are needed for. The rising trade war tensions test a complex relationship, where “frenemies”… Read Mo […]Admin Tim
- Debating Inequality June 24, 2019Economist Arthur Laffer and author Anand Giridharadas discuss inequality, billionaires and oligarchy in the US. The Great Inequality Debate Source: Aljazeera The post Debating Inequality appeared first on The Big Picture.Barry Ritholtz
- MIB: Avoiding the Behavior Performance Penalty June 25, 2019
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