Chris Hedges is an expert on the history of revolt and social change movements. He has covered many of the major uprisings of the past 40 years as a front-line journalist. Depending on one’s sensibilities, he is certainly not easy to listen to and usually upsets most sides of the political spectrum. But agree and disagree, Hedges is incredibly articulate and thought-provoking. In this interview he educates on the historical consequences of an uneven distribution of wealth: destruction, violence and revolt and what the Occupy movement, with all the usual human blemishes, should be about. Here is a direct link.
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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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“We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.” − Daniel Webster, speech in the American Senate, 1833.