If you don't know the stock market is in bubble territory, then you're either dumb or rich. High gas prices is what pricked the bubble in 2008. This time there are 3 reasons for another prick.

by TheLegionsOfHell Hurricane Harvey lingering effects OPEC + Non-OPEC cutbacks kick in Bigger SUVs and Trucks now on the road In Vancouver Canada they’re paying like $6/gal. The movie that … Read more

Does the year 2000 and 2007 ring any bells? The drop in the #DowJones to bear market territory took 8 MONTHS. Oct 2007 – June 2008… It’s coming faster this time.

As the household net worth (purely debt) as a % of disposable income (“wealth effect”) gets above 600%, savings rates seem to drop sub-5% in unison; then net worth dissipates … Read more

Illegals protesting a government agency enforcing law on its territory

Source: www.washingtonpost.com/national/think-california-politics-is-on-the-far-left-fringe-just-wait-for-the-next-elections/2018/02/04/80e679c2-05e5-11e8-8777-2a059f168dd2_story.html?hpid=hp_hp-top-table-main_calipolitics-8pm%3Ahomepage%2Fstory&utm_term=.1ebf46c166a5 The prescription here for Democrats in a state where few — if any — will need to moderate their positions for the general election is simple. “You go … Read more

Corporate Debt At Stretched Territory… The Chasm Between Policy And Reality Has Never Been Wider…Low Interest Rates Have Failed… The Fed Keeps Ringing Bells To Signal The Top, But The Markets Aren’t Listening!

This Metric Shows U.S. Corporate Debt At Stretched Territory U.S. corporate bond issuance was $106.2 billion in June, comprising $83.1 billion in investment-grade (IG) and $23.1 billion in high-yield (HY). … Read more