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2:00PM Water Cooler 1/18/2019

Today’s Water Cooler: Sanders, Gabbard, Clinton, Trump 2020 preparations, hamburgers once more, industrial production, consumer sentiment, capital investment, DNA kits, Facebook, Summit Learning, fresh blood, Jeremy Grantham on climate, Jack Dorsey, re…

Eastern Forces Kill Senior Al Qaeda Commander In Southern Libya

Eastern Libyan forces, who launched earlier this week a military operation in Libya’s south to fight extremists and secure oil facilities, have killed a senior operative for Al Qaeda, a spokesman for the eastern Libyan forces said on Friday. The Libyan…

US Oil, Gas Rig Count Plummets As Oil Prices Surge

Baker Hughes reported a drastic reduction to the number of active oil and gas in the United States this week. The total number of active oil and gas drilling rigs fell by 25 rigs, according to the report, with the number of active oil rigs decreasing b…

Report: Economic Toll Of Government Shutdown Almost As Bad As Economic Toll Of Having A Bloated Federal Government In The First Place

Via The Babylon Bee U.S.—The economic toll of the government shutdown is growing by the day, and experts now believe the cost of having the government partially closed down is nearly as bad as the economic toll of a functioning government interfering in our economy, businesses, and private decisions in the first place. “It’s really … Continue reading “Report: Economic Toll Of Government Shutdown Almost As Bad As Economic Toll Of Having A Bloated Federal Government In The First Place”

Why Human Investors Refuse To Believe This Rally

Earlier this week we reported that, according to Nomura’s calculations, CTAs were about to cover their recent S&P short positions and turn increasingly longer the higher the market rose. And sure enough, the US stock market has only risen higher, with …