Month: January 2018

64 percent of Americans who support pot legalization… New study finds Marijuana safer than alcohol or tobacco

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64 percent of Americans who support pot legalization. A record high number of respondents to a Gallup poll released Wednesday said they support the legalization of marijuana, including more than half of Republicans polled. Overall, 64 percent of those reached by Gallup said they support the legalization of marijuana, up 4 percentage points from October 2016. The … Read more

6 TRILLION in value create! African-American unemployment hits lowest rate in history… Hannity: Trump created a blueprint for victory in 2018

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Construction, Manufacturing Jobs Up 600% in Trump’s First Year This is a stunning statistic. Thanks to Trump’s business expertise construction, manufacturing jobs are up 600% in the US in his first year as president.   In order to own 2018, Republicans need to continue to keep their promises.   African-American unemployment hits lowest rate in … Read more

ALERT! Comey's original Hillary memo has been released! It shows "evidence of felonies and misdemeanors " BUT Comey later edited that all out!

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Ex-FBI Director James Comey’s original statement closing out the probe into Hillary Clinton‘s use of a private email server was edited by subordinates to remove five separate references to terms like “grossly negligent” and to delete mention of evidence supporting felony and misdemeanor violations, according to copies of the full document. Comey also originally concluded that it … Read more

The Economy Is Deteriorating And It's Spreading Quickly

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Macy’s and other retailers are beginning to make announcements about store closures. Thousands of people will lose their jobs. The auto manufactures have been hit hard, sales are down in 2017. Brick and mortar has now hit the movie theater industry. The economic deterioration is spreading. China pushes forward with the petro-yuan to challenge the … Read more

Christenson: Massive Money Printing, Stock & Bond Market Crashes And Possibly Hyperinflation In 2018

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by Gary Christenson via Deviant investor A Return to Financial Sanity? Financial sanity and stability may not return, but we can protect our assets and learn from the discussion. The DOW, S&P500, NASDAQ and other markets sell at all-time highs. However, many imbalances exist within our financial world. This is not new – things have been crazy before, … Read more

It’s Beginning To Look A Lot Like 1937

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via Daniel Carter Summary No, not like 1929, 1987, 2001 or 2007. I’ve seen many analyses comparing this economic cycle with those that have ended in tears. Well, I’m no different. The macroeconomic and political conditions today are beginning to resemble the conditions that led to the crash of 1937. By the mid 1930s, a large … Read more

The Leveraged Economy BLOWS UP In 2018

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BY SRSROCCO  Enjoy the good times while you can because when the economy BLOWS UP this next time, there is no plan B.  Sure, we could see massive monetary printing by Central Banks to continue the madness a bit longer after the market crashes, but this won’t be a long-term solution.  Rather, the U.S. and global … Read more

Bullish Fund Assets Jump Off The Chart

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by Dana Lyons Assets in bullish funds at the Rydex family have soared to uncharted territory – especially relative to dwindling bearish assets. Given the persistent rally in the U.S. equity market in recent months, one might assume that bullish sentiment extremes have been commonplace as well. But while that may be true of longer-term sentiment … Read more

Don't show President Trump this chart…

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Despite the relative freefall in the US Dollar, the US trade deficit disappointed expectations, spiking above $50 billion.   This is the biggest trade deficit since January 2012. https://www.zerohedge.com/news/2018-01-05/trade-deficit-spikes-6-year-high-despite-tumbling-dollar

Its time to stop counting illegal aliens in the Census – California already has extra House seats due to illegal aliens

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via conservativereview: Imagine a state simply saying it will not abide by federal tax laws, territorial integrity of national parks, or national guard deployment orders from the president? Sounds like a banana republic, right? Well, what is playing out in California, with sanctuary laws for illegal aliens, is even worse, because it violates the integrity of … Read more

'Bomb cyclone' triggers Boston flooding panic, high tides trapping drivers… 'life-threatening' cold overnight Friday and Saturday for Northeast

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Watch the latest video at foxnews.com A “bomb cyclone” wreaking havoc in the Northeast on Thursday unleashed dangerous flooding in Boston and unprecedented high tides along the Massachusetts coast, trapping drivers in cars “floating” through ice-slushed streets covered in mini “icebergs.” High tide started to peak Thursday afternoon, with the height tying the one set … Read more

The Debt Beneath

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Authored by Sven Henrich via NorthmanTrader.com, Debt is irrelevant and matters not. It’s different this time. That’s the message from politicians, markets and participants. Tax cuts pay for themselves (they do not), leverage doesn’t matter (it does) and the increased costs of servicing the debt as a result of rising rates will be offset by … Read more

[Crypto] XRP worth $380bn, Ripple labs worlds 10th largest company by market cap, Chris Larsen 5th richest in the world

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Having soared 36,000% last year and continuing its crazy run in 2018… Ripple has surged ahead of Ethereum as the second-largest cryptocurrency by market cap… Bitcoin $246BN Ripple $143BN Ethereum $97BN   image courtesy of CoinTelegraph Leaving Mike Novogratz breathlessly berating the craziness..as Ripple’s CEO is now the 5th richest man in the world… At one Point in the … Read more

The Banks with the Most Consumer Complaints: A Dive into CFPB’s Database

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Under pressure from the banks, the government may take down the site. There is no telling if the Consumer Financial Protection Bureau (CFPB) will even survive the next few years, given the opposition to it in the White House, Congress, and the banking lobby because it has become just too inconvenient for … Read more