Month: January 2018

by DCG A manufactured temper tantrum trumps #BlackLivesMatter. From CBS Chicago: A violent span from Saturday afternoon to early Sunday left five people killed and 15 others wounded in 13 separate shootings, according to Chicago Police. They were the latest attacks in a weekend that has seen 24 shot — five fatally — since Friday evening. A 5-year-old girl was … Read more

by Lance Roberts Over the past 18-months or so, I have written several articles on the potential for a “market melt-up,” which I updated in last week’s post “Market Bulls Target S&P 3000.”  “With investors now betting on a sharp rise in earnings to reduce the current levels of overvaluation, there seems to be little in the way of the … Read more

https://youtu.be/60o72NLxnT0 Wow. First even semi even handed piece from cnn I’ve seen yet. Surprised they let it air   AC

by Anthony B Sanders There was a misleading headline on Yahoo Finance entitled “Stocks did better in Obama’s first year than in Trump’s” The stock market has rallied during Donald Trump’s presidency, with the S&P 500 up nearly 24% during Trump’s first year in office. But here’s a surprise: It did even better during President … Read more

Just another example of Patient Health taking a back seat to Profits….Disgusting via salon: Once the federal government finally allows medical marijuana to become a legitimate part of the healthcare industry, Big Pharma could suffer the loss of billions of dollars, a new report finds. It seems the pharmaceutical trade has more than enough reasons to … Read more

By Robert Carbery The Democrats have overreached on forcing this latest federal government shutdown. Prioritizing illegal children brought here under Obama’s illegal DACA program before 9 million American children who are U.S. citizens and will lose their insurance and 2 million military members who will be asked to work without pay… The SchumerShutdown is the … Read more

Originally Posted at Free Market Shooter; Authored by Jon Hall The victims of the Las Vegas massacre. Months ago, I called for scrutiny amid a constantly-revolving news cycle concerning the Las Vegas massacre that occurred last October.  64-year-old Stephen Paddock opened fire on a country music festival from the 32nd floor of the Mandalay Bay hotel, which overlooked the … Read more

Wealth Research Group, Released on 1/22/18 Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s … Read more

by Jim Willie of Golden Jackass The Jackass adds a few points, first on the technical chart and then on the pessimistic viewpoint toward the vile banker sector. The above is a severely dangerous looking chart, with a Head & Shoulders reversal pattern evident, and an upward bias in addition. The recent move above 2.60% could continue and … Read more

LOL nice ending Jimmy. Rachel Maddow should watch “Good night and good luck”, maybe then she’ll see that SHE is the problem, not Russia. But, it’s unlikely, that $30,000/day check makes self reflection very difficult.   h/t Kyo

by howmuch Initial Coin Offerings (ICO) took off in 2017, as crypto-fever continues to reach new heights. This relatively new fundraising method has captivated companies ranging from startups to large-cap enterprises. The cryptocurrency craze in 2017 led to over $5 billion in fundraising from a little more than 706 ICOs. While there were many different ICOs that … Read more

By Robert Carbery Democrats declare that Obama is responsible for the current economic growth we are witnessing. Republicans counter that President Trump’s pro-business actions over the last year are to credit for the current economic climate.   We hear the arguments from both sides of the aisle as to why their man and their party … Read more

Richest 1 per cent took 82 per cent of new global wealth last year, Oxfam report says Billionaire wealth rose by an average of 13 per cent each year between 2006 and 2015 – six times faster than wages of average workers More than 80 per cent of the all the wealth generated globally last year flowed into … Read more

World index on 312 trading day run without even a 5% correction. Almost double any other previous period since 1970! https://twitter.com/TihoBrkan/status/953609513650724865 Central Bank Asset Purchases, Net Monthly 2019: $0B2018: $50B2017: $100B2016: $160B2015: $130B2014: $60B2013: $125B#ECB#BOJ#BOE#FOMC Via @BearTrapsReport — Lawrence McDonald (@Convertbond) January 18, 2018 The $VIX vs stockmarket sentiment (inverted) pic.twitter.com/oSsnI10Bo9 — Topdown Charts (@topdowncharts) … Read more

House investigators concluded that Democratic IT aides made unauthorized access to congressional servers in 2016, allegedly accessing the data of members for whom they did not work, logging in as members of Congress themselves, and covering their tracks, according to a presentation summarizing the findings of a four-month internal probe.   AC

This is what collapsitalism looks like.

by DCG From The Telegraph: Adulthood does not begin until 24, scientists have concluded because young people are continuing their education for longer and delaying marriage and parenthood. The traditional definition for adolescence is currently between and the ages of 10 and 19, which marked the beginnings of puberty and the perceived end of biological growth. But, writing … Read more

The market has been supported by central banks. The economics textbooks literally have to be rewritten after this is over. They have destroyed it completely. What a horrible shame this will be. In the meantime though…EVERYTHING IS AWESOME! Do you believe that people often forget about the ripple or domino effect? For example, they might … Read more

Authored by Tom Luongo, For years Italy’s Northern League kept to itself, being focused on secession rather than reform from within.  That change began last year with their non-binding referenda to petition Rome for more fiscal autonomy.  But, as the Italian parliamentary elections come into view, the Northern League is playing politics. And doing it well. … Read more

https://www.youtube.com/watch?v=hsi9RPzCDwY Mr. Strzok and Ms. Page from December 14, 2016 to approximately to [sic] May 17, 2017.” http://thehill.com/opinion/campaign/3… The process, he said, might take up to 19 congressional working days. https://www.theblaze.com/news/2018/01… Rudy Giuliani: Clinton Foundation “is a classic RICO enterprise”, Bribery Op https://www.youtube.com/watch?v=dSFzU… A Bombshell House Intelligence report exposing extensive FISA abuse could lead to … Read more