GM Will Invest Over $1 Billion In New US Factories, Create More Than 1,000 Jobs

General Motors will announce plans to invest at least $1 billion across several U.S. factories, the WSJ reported, a move aimed at underlining GM's "commitment to U.S. manufacturing jobs" following Trump’s criticism of the auto maker’s imports from Mexico. GM will also create over 1,000 new stemming from the investment.

Peak Savings: Wall Street Faces 20 Years Of Retirement Withdrawals As Boomers Hit 70 1/2

The United States is a demographic time bomb, plain and simple.  Over the next 30 years, the U.S. economy will face an unrelenting demographic transition as ~75 million baby boomers exit the highest wage earning years of their life and start to draw down what little retirement savings they've managed to tuck away while wreaking havoc to the public "safety net" ponzi schemes, like Social Security, that will almost certainly be insolvent in a decade.

MLK's Niece Admits "I Voted For Trump"

"I pray that all polar opposites learn to Agape Love, live and work together as brothers and sisters - or perish as fools. While I voted for Mr. Trump, my confidence remains in God, for life, liberty and the pursuit of happiness."

Size Matters - No Country Should Be Bigger Than This

Even for those who want states to provide certain amenities, many modern states are far, far greater in size and scope that what is even necessary to provide those amenities in the first place. Unfortunately, the primary effect of bigness in these states is to enhance the power of the state and limit the ability of citizens to escape the state's taxes and impoverishing regulations.

Martin Armstrong Rages: "Al Sharpton Is Brainwashing These People"

"Al Sharpton had more than 20 years to lead a protest about the injustice of the criminal system put in by the Clintons. Of course, they are Democrats. Can’t do that. OMG, people might find out the truth! Sharpton is brainwashing these people as if Trump is somehow going to make this worse? Where has he been for the past two decades?"

Three People Shot Following MLK Parade In Miami

Police and fire rescue crews are on the scene after three people were shot at Martin Luther King Jr. Memorial Park on Martin Luther King Jr. Day. According to Miami-Dade Police, three people sustained gunshot wounds at the park, located at 6011 N.W. 32nd Avenue, in Northwest Miami-Dade, Monday afternoon.

The Real Value Of Cash

If an individual is “literally” burying cash in their backyard, then the discussion of the loss of purchasing power is appropriate. However, if cash is a “tactical” holding to avoid short-term destruction of capital, then the protection afforded outweighs the loss of purchasing power in the distant future.

Two Things To Read On Martin Luther King Day

While MLK was a peaceful man, he was unquestionably a fierce revolutionary against the prevailing status quo. While his cause and struggle look so obvious now, in his day many segments of American society considered him the enemy, including the U.S. government. For example, we now know that the FBI actually wrote him a letter suggesting he commit suicide.

NYSE Short Interest Plunges To Lowest In Three Years

It turns out, he is not alone. As our friends at GaveKal point out, of the end of December, short interest dropped to its lowest level since early 2014, even as stock market indices hovered at new highs, suggesting that a short squeeze into the close of 2016 indeed took place as many trading desks suggested, and may have been responsible for the push higher in equity market toward the end of 2016.

From "Promise" To "Payback" - Here Are The Five Stages of The "Trump Trade"

There are five defining stages for the "Trump trade": Trading i) ‘the promise’; ii) the deal-making; iii) the enactment; iv) the economic impact, and, v) the payback. Trump’s press conference last Wednesday drew the line between ‘the promise’ phase, and, the stage where deliverables will become progressively more important. Here is what to expect next.