Month: March 2018

Trump Pressures China To Reduce Trade Deficit And Stop Stealing Intellectual Property

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by Dylan Scott, NEE Trump Asks China To Reduce Their Trade Deficit And Stop Intellectual Property Theft This week, the President slapped tariffs on steel and aluminum imports to enhance domestic steel production, to the dismay of liberal economists and journalists who don’t understand history and common sense. Here at this editorial we are unabashedly pro-tariff, not … Read more

Letting The Chips Rise Where They May

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by Dana Lyons After setting its all-time high during the dotcom bubble, 18 years later — to the day — the PHLX Semiconductor Index is finally scoring a decisive new all-time high. One factor in convincing us that the correction of the past 6 weeks was not yet the beginning of a serious, longer-term market swoon … Read more

Obamacare Medicaid Scandal: 21,904 Truly Needy People Died While Waiting Behind 13 Million Able-Bodied Adults

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by Geoffrey Grider AT LEAST 21,000 NEEDY PEOPLE HAVE DIED WHILE WAITING FOR MEDICAID COVERAGE, WHILE 13 MILLION ABLE-BODIED ADULTS RECEIVED COVERAGE FROM MEDICAID IN THE STATES THAT EXPANDED MEDICAID UNDER THE AFFORDABLE CARE ACT, ALSO KNOWN AS OBAMACARE, AN EXPLOSIVE NEW STUDY REVEALED TUESDAY. EDITOR’S NOTE: Barack Obama promised that the health care bill that bears … Read more

Will Your Driver’s License Soon Become Invalid as ID? The "REAL ID" Act goes into effect October 1, 2020. The most threatening aspect of the REAL ID initiative is that it’s a security and privacy nightmare.

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Drivers licensing is not about qualifying to operate a motor vehicle, it has become a database and tracking program for the federal government. The requirements for the states to issue drivers licences are being dictated by the Department of Homeland Security (which didn’t even exist 20 years ago). Will Your Driver’s License Soon Become Invalid … Read more

The Global Economy’s Wile E. Coyote Moment

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via bloomberg  Our prediction last year of a global growth downturn was based on our 20-Country Long Leading Index, which, in 2016, foresaw the synchronized global growth upturn that the consensus only started to recognize around the spring of 2017. With the synchronized global growth upturn in the rearview mirror, the downturn is no longer a forecast, … Read more

Third Nor’easter In Ten Days Could Strike Mid-Atlantic By Early Week

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by stockboardasset From Maryland to Maine, millions of American’s strapped on their rubber boots and grabbed a rusty snow shovel to end the week, after a fierce nor’easter dumped several feet of snow across the Northeast. This, of course, was backbreaking work for the nation’s oldest population, which by the way, is centered in the Northeast, according to Census data. … Read more

QE Unwind Is Too Slow, Says Fed Governor, Thus Launching First Trial Balloon

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “The very slow pace may still be contributing to a buildup of various financial imbalances.” So we have the first Fed Governor and member of the policy-setting FOMC who came out and said that the QE Unwind that began last October with baby steps isn’t fast enough. And because it’s so … Read more

The Mysterious Chinese Company that’s Trying to Buy a $9 Billion Stake in Rosneft?

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The Chinese government has taken over its management, and its CEO is under investigation. By Tsvetana Paraskova, Oilprice.com: When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose to such prominence as to become a major global … Read more

What It Takes to Look Stylish

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It is generally believed that being stylish stands for having to spend a lot of money on one’s looks. However, money is not as important as creativity, one should always remember that. You must have seen some people, who buy expensive clothes, but look tasteless if not ugly in them. What matters is to feel … Read more

Forget "Free Trade" – It's All About Capital Flows

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Authored by Charles Hugh Smith via OfTwoMinds blog, In a world dominated by mobile capital, mobile capital is the comparative advantage. Defenders and critics of “free trade” and globalization tend to present the issue as either/or: it’s inherently good or bad. In the real world, it’s not that simple. The confusion starts with defining free trade … Read more

the systems in place and the people in power are corrupt and consistently put profit over people. it's been that way for centuries. what can I do?

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by bloodonthecleaver there is an answer! the good news is that it starts with you, yes you, and the choices and relationships you make. the bad news is that it takes sacrifice on your part. but if you dream of a better world, those sacrifices might damn well be worth it. we live in a … Read more

Gerald Celente – Bear market-Recession trigger

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Trends Research, Released on 3/8/18 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered … Read more

Rosenberg: It’s an Ugly Picture If You Are Looking for Value in Equities

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BY PATRICK WATSON Source: Mauldin Economics The long-awaited Strategic Investment Conference 2018 kicked off with a keynote from David Rosenberg of Gluskin Sheff titled, “Year of the Dog: Will It Bark or Bite?” (Spoiler: The answer is “bite.”) Rosenberg began by running through a list of his own metrics: forward P/E, price/sales, price/book value, enterprise value/EBITDA. All of … Read more

This is the Reason Markets Should Set Interest Rates

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BY JOHN MAULDIN In the course of inventing new tools, sometimes you find that the old tools weren’t so bad. Sometimes they might even be better than your “improved” versions. And that might be the case with our key inflation measure. My friend John Williams at ShadowStats believes that the changes that the Labor Dept. made in the ’80s … Read more

Suspect in Denver fatal hit-and-run wanted by ICE; sheriff’s department refuses to honor detainer

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by DCG Patrick Firman: Sheriff for the city and county of Denver From KDVR: An undocumented immigrant illegal alien is in jail in connection with a deadly hit-and-run crash and U.S. Immigration and Customs Enforcement agents want to take him into custody. But the Denver Sheriff’s Department refuses to honor the detainer. Denver stopped honoring detainer orders from ICE in 2014. If the undocumented immigrant illegal alien, 26-year-old Ivan … Read more

NANCY PELOSI ON DOJ LAWSUIT: We will keep the doors open for illegals….. ”make America more American”

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Here’s a great statement of where California stands on illegal aliens flooding into their state. You won’t believe what Minority Leader Nancy Pelosi had to say in a statement following the DOJ’s Jeff Sessions’ statement on the lawsuit against California… Remember that there are an estimated 2.5 million illegals in California! Pelosi’s statement included outrageous … Read more

Breaking: Republic Steel set to add 1000+ jobs in Lorain

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In response to President Trump signing proclamations Thursday imposing tariffs on steel and aluminum imports, Republic Steel has announced plans to restart its Lorain facility. The move would bring back more than 1,000 jobs to the Lorain plant, which will be positioned to restart its idled electric arc furnace, casters, and rolling mills on short notice. … Read more

The Most Important Economic Charts… Aren't Economic Charts

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Authored by Chris Hamilton via Econimica blog, The global economy is the sum of its production of goods and services versus its capability to consume those.  This article will outline the mismatch of fast rising capacity versus the deceleration of consumptive capability. As for productive capacity; mechanization, innovation, technology, and cheap debt have helped ramp up the potential.  Going forward, a flurry of advancements including AI, … Read more