Nike Tumbles After Missing On Gross Margins; China, Latin America Sales

Moments ago Nike reported Q1 earnings which beat on the top and bottom line, with EPS of 67c beating the estimate of 63c (with a 14% tax rate), on revenue of $9.95BN, also just above the $9.94BN, if not quite above the high end of…

The Next Big Geomagnetic Storm Poses An Astronomical Risk To Modern Man

Scientists are concerned about the next significant “space weather” event, which begins at the sun in the center of the solar system. Severe space weather occurs less frequently than traditional weather on Earth but can be more destructive in nature. The sun is now headed…

The Rise of the Conservative Coffee Shops!!!

Find out how conservative coffee businesses are new ways in which we can both savor and support our political values! Get your own Black Rifle Coffee Beans here: https://amzn.to/2xFja52 Support me on PATREON: https://www.patreon.com/drsteveturley or Tip me on PayPal: https://www.paypal.me/drsteveturley ‘Back to School’ discount! Get…

Albert Edwards: Why The Next Recession “Might Only Be Six Months Away”

SocGen’s Albert Edwards is out with a new note today – one which he says he wasn’t going to write – but felt compelled to do so anyway due to the ongoing rout in the US bond market, which has prompted the following question that…

Coca-Cola Looking To Produce Pot-Infused Drinks

Coca-Cola, which started out in 1886 offering a cocaine-infused tonic for medicinal purposes, may become the latest major brand to enter the marijuana market, after Bloomberg reports that the Atlanta-based company has been monitoring the cannabis industry for potential partnerships.  In particular, the company is said to be looking…

Constitution Day — the Most Important Commemoration of 2018

Constitution Day, which falls on September 17, is the national observance holiday that most Americans have never heard of.  Yet this year, 2018, it may well be our most important holiday. For the Constitution is threatened more now than at any time since seven southern…

The World’s Most Bearish Hedge Fund Unveils A New “Big Short”

It was another tough month for Horseman Global, which we previously dubbed “the world’s most bearish hedge fund”, due to its exposure which, while fluctuating, has been net short for the past 6 years and most recently had a net short position of -43.5%. In…

The European Union Would Love to Control Your Internet Use

Imagine an internet in which users can’t freely blog, parody, share material, or remix content – an online experience in which linking, code-sharing, and the unfettered use of art and images would be nearly impossible due to legal limitations.  Unfortunately, this scenario – a restrictive internet…