McDonald’s Corporation (NYSE:MCD) Is Loosing So Much Money They Stopped Telling Us How Much

May 28th, 2015

mcdonaldsAnthony Gucciardi:  Over the past year, I’ve shared with you the continued decline of America’s most popular fast food giant. We’ve talked about the mass closing of McDonald’s Corporation (NYSE:MCD) locations, the attempts by the company to trick customers into thinking that it was ‘going natural,’ and we’ve even talked about how some economists predict an ultimate demise. Read more…

Earnings, News Of The Weird, Stocks, Today's Top News

Record High Demand, Record Low Sentiment

May 28th, 2015

Arrows Up DownAndrew Hoffman:  Last weekend, my Audioblog focused on how U.S. government book-cookers were preparing to enhance “seasonal adjustments” to its already fraudulent GDP calculations, to increase reported economic “growth” to their politically-motivated, market-goosing satisfaction. Well, such “preparations” were just made official yesterday, starting with the Read more…

Banking, Economy, Government, Inflation/Deflation, Markets, Today's Top News

Government – Designed for Robbery

May 28th, 2015

Eyes on You America:  First, the Dow dropped 190 points on Monday – or 1%. It was threatening to close below 18,000 for the first time in almost three weeks. We’ll wait to find out. Yesterday, a London-based magazine and a TV station interviewed us. Both asked if we were “pessimistic.” Read more…

Banking, Economy, Federal Reserve, Government, News Of The Weird

Pray For Graccident—–It Will Trigger The Demise Of The ECB And The World’s Toxic Regime Of Keynesian Central Banking

May 28th, 2015

Euro Doom Flag:  It is not surprising that in a few short months Yanis Varoufakis has proven himself to be a thoroughgoing Keynesian statist. After all, what would you expect from an economics PhD who co-authored books with Jamie Galbraith? Read more…

Banking, Economy, Europe, Today's Top News, World News

Don’t Believe Everything You Read On The Internet

May 27th, 2015

Gold GlobalKoos Jansen:  Wholesale gold demand measured by withdrawals from Shanghai Gold Exchange (SGE) vaults remains very strong this year at 45 tonnes in week 19 (May 11 -15).

Year to date 903 tonnes have been withdrawn. Read more…

China, Gold, Markets, Stock Market

America’s Second Greatest Generation

May 27th, 2015

Businessman silhouette:  Fed chief Janet Yellen is talking about raising rates. From USA Today:

 

“If the economy continues to improve as I expect, I think it will be appropriate at some point this year to take the initial step to raise the federal funds rate target,” Yellen said in a speech at the Providence Chamber of Commerce in Rhode Island. Read more…

Economy, Federal Reserve, Markets, Today's Top News

Gold Has Two Major Hurdles to Overcome

May 27th, 2015

Gold IRA chart

Bob Kirtley:  Gold has 2 major hurdles to overcome and they are as follows:

1. Interest rate rises in the US Read more…

Currency, Currency Wars, Gold, Investing, Stock Market

Gentex Corporation (NASDAQ:GNTX) Shareholder’s Elect 9 Directors

May 27th, 2015

Gentex CorporationOn May 21, 2015, Gentex Corporation (NASDAQ:GNTX) held its 2015 Annual Meeting of the Shareholders.  The matters listed and described briefly below were submitted to a vote of the shareholders through the solicitation of proxies. Read more…

Material Events, Technology

Intel Corporation Annual Stockholder’s Meeting Results

May 27th, 2015

IntelIntel Corporation’s (NASDAQ:INTC) Annual Stockholders’ Meeting was held on May 21, 2015.  Read more…

Material Events, Technology

Pizza Hut and Taco Bell To Eliminate Artificial Ingredients

May 26th, 2015

Food VeggiesAdan Salazar:  Pizza Hut and Taco Bell restaurant chains have announced they’ll be removing artificial additives from their products, a move seen as a response to consumer advocacy and growing awareness of cancer-causing ingredients. Read more…

News Of The Weird, Today's Top News

EMC Corporation (NYSE:EMC) To Acquire Virtustream Group Holdings, Inc.

May 26th, 2015

EMC CorporationOn May 22, 2015, EMC Corporation (NYSE:EMC) entered into an Agreement and Plan of Merger  to acquire Virtustream Group Holdings, Inc. Read more…

Material Events

Bel Fuse, Inc. Shareholders Elect 4 Directors

May 26th, 2015

People sitting black and whiteBel Fuse, Inc.(NASDAQ:BELFA) held its Annual Meeting of Shareholders, for which the Board of Directors solicited proxies. At the Annual Meeting, the shareholders voted on the following proposals, as described in the Company’s definitive proxy materials filed with the SEC on April 8, 2015. Read more…

Manufacturing, Material Events

UDR, Inc.(NYSE:UDR) Annual Meeting Of Shareholders Results

May 26th, 2015

UDR, Inc.UDR, Inc. (NYSE:UDR) held the Annual Meeting on May 21, 2015. At the Annual Meeting, UDR, Inc. stockholders voted on the election of eight nominated directors to serve for the ensuing year, a proposal to ratify the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2015, and a resolution to approve, on an advisory basis, the compensation of the Company’s named executive officers. Read more…

Material Events, Real Estate

Is the Dollar’s Correction Already Over?

May 26th, 2015

Money Stock market:  Between the summer of 2014 and its recent peak in March this year, the US dollar index was a one-way street – a blow-off like move that mainly mirrored the equally relentless decline in the euro, which has been suffering from the ECB’s misguided ministrations. Read more…

Currency, Currency Wars, Investing, Markets

The 505 Trillion Dollar Interest Rate Derivatives Bubble

May 26th, 2015

Bubble in handsMichael Snyder:  All over the planet, large banks are massively overexposed to derivatives contracts.  Interest rate derivatives account for the biggest chunk of these derivatives contracts.  According to the Bank for International Settlements, the notional value of all interest rate derivatives contracts outstanding around the globe is a staggering 505 trillion dollars.  Read more…

Banking, Economy, Europe, Federal Reserve, Government, Inflation/Deflation, Today's Top News, World News

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