by David Haggith We just saw a major rift open in the US stock market that we haven’t seen since the dot-com bust in 1999. While the Dow rose by almost half a percent to a new all-time high, the NASDAQ, because it is heavier tech stocks, plunged almost 2%. Tech stocks nosedived while others rose … Read more
By Michael Snyder If Jim Rogers is right, the worst stock market crash that any of us has ever seen is right around the corner. For the past 15 years, Rogers has been a frequent guest analyst on CNBC, Fox News and elsewhere, and he is immensely respected for the depth of knowledge and experience … Read more
“I asked a friend of mine to share the content of the memo with a reporter – didn’t do it myself for a variety of reasons – but I asked him to, because I thought that might prompt the appointment of a special counsel.” This statement is tremendously important because it completely delegitimizes Robert Mueller’s … Read more
The so-called Deep State has been trying to take President Trump down, and nothing has worked. If the Deep State cannot take Trump down, what are they going to do? Trader/analyst Gregory Mannarino says, “They are going to collapse the economy. They are going to wipe out the economy, and they are going to hurt … Read more
Even the libs are now forced to face the facts that Comey’s leak was potentially a crime and definitely against FBI policies. Of course Politico still had to twist the story to try and put Comey in the best light. Just look at the headline… History on Comey’s side as Trump brands him a ‘leaker‘ … Read more
Notice how he emasculated Comey and the swamp denizens by letting them know in a tweet that the Attorney General got information (surveillance “tapes” from the seizure of Comey’s office) to let Comey and his handlers know that Trump’s DOJ has the goods on them. http://dcwhispers.com/report-everything-you-need-to-know-about-comey-his-deep-state-history/#LbSVfKPQsbKtHyJe.99 It’s rumored that he records every conversation he has … Read more
Stockholders and junior bondholders fear a “bail-in.” By Don Quijones, Spain & Mexico, editor at WOLF STREET. After its most tumultuous week since the bailout days of 2012, Spain’s banking system is gripped by a climate of fear, uncertainty and distrust. Rather than allaying investor nerves, the shotgun bail-in and sale of Banco Popular to … Read more
by Robert Carbery We heard quite a lot during Mr. Comey’s testimony to Congress on Thursday. But in what was yet another bombshell being downplayed by the mainstream media, we learned that President Obama’s Attorney General Loretta Lynch asked him to downplay the Hillary Clinton email investigation. During the Obama administration, the AG’s office … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Wow, did you see that? That was quick. Friday morning between 10:15 AM and 11:15 AM, the Nasdaq gallivanted around blissfully for an entire hour in record territory of around 6,340 with not a worry in sight, and then someone must have looked at the valuations or something, and it became … Read more
by DCG Surprise, surprise! From NY Post: New York health insurers requested double-digit increases as high as 47 percent for ObamaCare policies next year as the debate rages in Washington on how to overhaul the law. The average proposed increase for individual policies for 2018 is 16.6 percent, the state Department of Financial Services said … Read more