America

With concerns over the state of the US consumer - especially the low- and middle-income shopper base - lingering, analysts were looking forward to today's Q4 results by America's largest retailer for some further clarity, and they were not disappointed with what they saw: WalMart reported non-GAAP Q4 EPS of $1.30, beating expectations of $1.29 by one cent. The adjusted number included 8 cents in non-GAAP addbacks to a GAAP number of $1.22.

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Submitted by Eric Margolis via The Strategic Culture Foundation,

President Dwight Eisenhower’s warning about the dangers of the military-industrial complex made half a century ago ring as loud and clear today. The soft coup being mounted against the Trump government by America’s ‘deep state’ reached a new intensity this week as special interests battled for control of Washington.

Trump Is Playing You

Note: Soren K is a group of 4 writers to whom I contribute on commodity market posts-Vince Lanci

Written by Soren K and MarketSlant. 

From the Slope of Hope: Since today is President's Day, I think I'll write about something Presidential. And this quote from our patron saint George Carlin is absolutely crucial to the piece:

 "When you're born you get a ticket to the freak show. When you're born in America, you get a front row seat."