Via Jim Quinn of The Burning Platform blog,
In Part One of this article I exposed the establishment narrative of a strong economy as rubbish by providing hard data regarding imploding gasoline usage, failing bricks and mortar retailers and plunging restaurant sales.
Jane Timm from NBC was working very diligently today, on International Women's Day of all days, in order to set the record straight for you Trumpsters out there who believe that he's done anything at all on the jobs front (note: ADP said 298k new jobs were created in America for the month of February, far exceeding the forecast of 190k).
In an "Onion-sounding" article in Russian tabloid Komsomolskaya Pravda, titled "Trump-Pump-Pump And Our Big Bang", Russian military expert Viktor Baranetz, a retired colonel and former defense ministry spokesman asserted that Russia has asymmetrical responses to the increase in the U.S. military budget.
While many have blamed today's spike in yields for the broader underperformance of the REIT sector, which sent the Bloomberg North American REIT index down 1.4%, its biggest one-day drop since December in a widespread selloff across all property sectors with 194 of the 214 stocks in the index lower today, it's more than just the jump in rates that is slamming the rate-sensitive sector.
FBI Director James Comey warned Americans on Wednesday that privacy in America is completely and utterly dead. Comey told a Boston College conference on cybersecurity that the public need to forget about the notion of “absolute privacy” in this digital age.