The MSM will NEVER Let Trump Win the Response Game

by Mark Angelides Regardless of your opinions on how effective or timely President Trump’s response to the shocking events in Charlottesville, VA, it can’t have escaped your attention that the MSM is now firmly targeted as one in kicking down Trump on his responses. It seems he can’t catch a break on this, and that … Read more

Wars and Rumors of Wars: Fire and Fury Signifying Nothing? Stock Market Caught in Crossfire.

by David Haggith August is a sultry month for stocks as markets thin out during the dog days of summer. Everyone leaves investing for a break from the heat. Statistically, August is the worst month for overall stock performance, while September delivers more of whatever August sends its way or brings its own dark surprises. After … Read more

Households At Lower 80% Of Income Scale Are Maxed Out, Worst Restaurant Recession Since 2009 Digs Inflation

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “July proved to be a tough month for chain restaurants,” the report said. Foot traffic at chain restaurants fell 4.7% in July year-over-year. Same-store sales fell 2.8%, the 17th month in a row of year-over-year declines, the longest downturn since 2009. On a two-year basis, same-store sales fell 4.2% from July … Read more

Are We Already in Recession?

by Charles Hugh-Smith If we stop counting zombies, we’re already in recession. How shocked would you be if it was announced that the U.S. had just entered a recession, that is, a period in which gross domestic product (GDP) declines (when adjusted for inflation) for two or more quarters? Would you really be surprised to … Read more