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DOW longest weekly losing streak since 2011… Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth. The Dow Jones Industrial Average ended … Read more
by TFittonJW Big Update from Judicial Watch: (Washington, DC) — Judicial Watch announced today it filed a Freedom of Information Act (FOIA) lawsuit against the Department of Justice seeking draft copies of … Read more
by Michael Snyder We haven’t seen stock prices slide like this in a long time, and if this keeps up we could soon be looking at an avalanche. Our rapidly … Read more
From Birch Gold Group “Too Big to Fail” corporations searching for an opportunity to refinance high-risk debt have been given a gift. But this gift comes with risks. Fed Chairman Powell … Read more
by Dr. Eowyn James Mattis, 68, former U.S. Marine Corps general who was widely revered by rank-and-file Marines for his blunt talk and leadership, was recruited by President Trump into … Read more
Be careful out there. If you live in a state where recreational has been legalized, follow the laws on growing (usually 12 plants per adult)! DENVER — Authorities said Friday … Read more
by Troy The Dow has fallen for 5 consecutive weeks, and markets that are more impacted by the trade war have been worse. Here’s the return for various markets since … Read more
Greg Hunter gives The Weekly News Wrap-Up for Friday, May 24th, 2019 Last night, President Trump kicked the Trump-Russian collusion hoax investigation into high gear. Trump ordered “the intelligence community to quickly … Read more
Chairman of the Judiciary House Committee Jerry Nadler appeared week and on the verge of passing out at a presser held by Mayor Bill de Blasio Friday morning. Video from … Read more
by Dana Lyons Market-leading semiconductor stocks are plunging – is it do or die for this key sector? As the stock market engineered its historic 1st quarter rally off of the December … Read more
Eric Sprott interviewed by Craig Hemke on The Weekly Wrap-Up May 24, 2019 The trade war is heating up and spreading out, the stock market is showing signs of weakness, and all indications point … Read more
by Charles Hugh-Smith The food-exporting superpowers are easy to identify. As my esteemed colleague Michael Snyder chronicled in a recent Zero Hedgepost, world agricultural production is under assault from extreme weather and … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Sign the already weak goods-based sector is getting weaker. Boeing, where art thou? Boeing is suffering from a sharp decline in orders, and this translates into a sharp … Read more
The news is not good, but is it ever? Even when the economy is stellar, it seems as though there are those economists who thrive on forecasting doom and gloom. … Read more
American have an average of $6,506 in credit card debt, according to a new Experian report out this week. But which expenses are adding to that balance the most? A full 23% … Read more
J.P. Morgan economists slash their outlook for second-quarter growth to just 1% from a previous 2.25%. The economists also change their view that the Fed’s next move was an interest … Read more
The so-called “greatest economy ever” is anything but. With each passing day, the dreaded “Stagflation” comes closer into view. Rising prices coupled with a recession is the worst of both … Read more
www.reuters.com/article/china-banks-regulator-baoshang-bank/update-1-chinese-regulator-to-take-over-baoshang-bank-due-to-credit-risks-idUSL4N2302JN Baoshang Bank, a commercial bank with ~10k employees and over $61B total asset is facing severe credit risk and now being taken over by PBOC. This might the … Read more