Bellwether Weekly Update: AAPL & GS Clank Again this Past Week

by John Galt June 19, 2016 21:30 ET   So another week and another warning from my bellwether stocks, Apple and Goldman Sachs. There is no serious middle class consumer demand and there appears to be no desire to invest in further expansion of companies unless it is to use cash on the balance sheet to buy smaller companies like Microsoft did with LinkedIn. Thus based on futures tonight we might get a dead iPhone bounce or maybe even a better dead Bankster bounce from Goldman but in the end, the…

06.19 BREAKING UPDATE: Clarence Thomas’ wife DENIES Report of Retirement

by John Galt June 19, 2016 21:15 ET Thank you to my friends at TheRightScoop for having Farcebook or at least access to it. They have just broken the story with an update to their version from earlier where Mrs. Thomas basically says the Washington Examiner and Paul Bedard (who really is normally reliable) are full of it (via TRS): For all those who are contacting me about the possibility of my husband retiring, I say — unsubscribe from those false news sources and carry on with your busy lives. IT….

America is Over: Supreme Court Justice Clarence Thomas Considering Retirement After Election

by John Galt June 19, 2016 15:30 ET Paul Bedard, a very reliable Washington insider who reports for the Washington Examiner, dropped the bombshell late this morning: Clarence Thomas may be next to leave Supreme Court Excerpt: Should Thomas leave, that slight majority would continue if Donald Trump becomes president. If it’s Hillary Clinton, then she would get the chance to flip two Republican seats, giving the liberals a 6-3 majority. And, conservatives fear, that could switch to a 7-2 majority if Republican Justice Anthony Kennedy, already a swing vote, retires….

06.19 Latest Videos from Syria: What Ceasefire?

by John Galt June 19, 2016 14:30 ET For some strange reason the United States and Russia are trying to maintain the charade of a “ceasefire” inside the rapidly imploding war zone known as Syria. These videos from various news sources tend to dispel that myth. Where the subject matter was posted in Arabic or another language, I have used Google Translate to accommodate my readers. When a terrorist pick up truck is seen with a group of terrs in Aleppo yesterday, simply dial 1-800-KORNET!: Okay, maybe I embellished that translation…

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