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Top Links
Amazon Is Flooding D.C. With Money and Muscle: The Influence Game (Extremely sleazy company, Bloomberg)
Elizabeth Warren’s New Plan: Break up Amazon, Google and Facebook (Slowly but surely politics is turning against the tech giants, CNN)
SEC Commissioner’s Report Reveals a ‘Very Troubling’ Pattern in Stock Buybacks and Insider Selling (Massive scam hiding in plain sight, Yahoo)
Trump Scraps Requirement to Report Some Air Strikes (Trump’s conversion to neoconism is almost complete, Politico)
ECB Surprises Dovishly: Announces New TLTRO, Changes Rate Guidance (Total central bank panic going on, Zerohedge)
New York Considers Taxing Non-Resident Owners of Luxury Apartments (Every large city globally will eventually do something similar, Bloomberg)
ACA Premiums Rising Beyond Reach of Older, Middle-Class Consumers (The Washington Post)
Facebook Plans to Become World’s Biggest Central Bank? (One of the most dishonest and devious companies in the world plans to launch its own currency, Medium)
Google Employees Uncover Ongoing Work on Censored China Search (The Intercept)
U.N. Predicts Disaster if Global Warming Not Checked (Check out the date on this article, AP)
U.S. News/Politics
Payments to Corporation Owned by Ocasio-Cortez Aide Come Under Scrutiny (The Washington Post)
Amazon Lobbied Washington State to Exempt Many Employees from Labor Protections (PBS)
Revealed: Facebook’s Global Lobbying Against Data Privacy Laws (The Guardian)
In Defense of Andrew Yang’s Freedom Dividend (Agree or disagree, Yang is an interesting guy, Quillette)
Preventing Government Facial Recognition Oppression (Reason)
International News/Geopolitics
After Trump Walked out on Kim Jong Un, Don’t Expect a U.S.-China Trade Deal (CNBC)
China Accuses Detained Canadians of Spying (BBC)
United States Broke WTO Rules in Tackling Huawei, Top Chinese Official Says (South China Morning Post)
U.S.-China Trade Talks: Has Beijing Been Playing an Ancient Game? (South China Morning Post)
Italy Mulls Preliminary Belt and Road Deal with China (Reuters)
Chinese-American Engineer Charged with Stealing U.S. $120 Million Worth of Trade Secrets (South China Morning Post)
U.S. Senators Say Saudi Crown Prince Has Gone ‘Full Gangster’ (Reuters)
Dear Europe, Brexit Is a Lesson for All of Us: It’s Time for Renewal (Emmanuel Macron has some nerve, The Guardian)
United States Will Terminate GSP Designation of India and Turkey (Office of the USTR)
Economy/Finance/Crypto
U.S. Trade Gap Surged to $621 Billion in 2018, 10-Year High (Bloomberg)
U.S. Credit Card Debt Closed 2018 at a Record $870 Billion (Bloomberg)
Gloomy News Drags Economic Surprise Index to 2013 Low (Bloomberg)
ADP Employment Gains Slow Dramatically As Small Business Cut Most Jobs Since 2013 (Zerohedge)
Trump Economic Advisor Larry Kudlow Says the Weak Jobs Report Is ‘Very Fluky,’ and He Wouldn’t Pay Attention to It (Propaganda minister says all is well, CNBC)
Stock Buybacks Top Capex for First Time Since 2008, Citi Says (Bloomberg)
Trump Pushes China Trade Deal to Boost Markets as 2020 Heats Up (So pathetic, Bloomberg)
This Bull Market Will Not End with a Massive Pullback, Investor Jeremy Grantham Says (CNBC)
BIS Warns of Market Crash Risk, Looming Firesales Once BBB Downgrade Avalanche Begins (Zerohedge)
U.S. Users Are Leaving Facebook, New Study Shows (Mashable)
China’s GDP Growth Pace Was Inflated for Nine Years, Study Finds (Bloomberg)
Federal Reserve Scraps ‘Qualitative’ Test for U.S. Banks in 2019 Stress Tests (Reuters)
Fed Superstars Lay Out a Map for the Central Bank’s Big Rethink (These people are committed to destroying the planet, Bloomberg)
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Would be nice if there was a feelgood story in there … towards the end , say perhaps a panda having young , or something along those lines . This would be similar to the evening news ! to help us forget about all the fire & brimstone about to beset the failed open market system !! .. it’s a great system , don’t get me wrong but you can never take ” HUMAN GREED ” out of the equation.
Perhaps a person’s wealth in future will have to capped at a certain level ?? Really how much does one need to feel powerful ?? Does that lead to happiness?? Just wondering!!