A Market Crash Is Nothing More Than A Period Where Low Risk Premiums Are Pushed Abruptly Higher

pic.twitter.com/Rtdi6wxRSw — John P. Hussman, Ph.D. (@hussmanjp) May 21, 2018 Leveraged loan rush sees borrowers gain power – credit quality and lender protections disappear Two years ago Valeant was under investigation by the US Securities and Exchange Commission and investors were questioning its opaque accounting. That meant the Canadian drugmaker had to pay dearly when it amended … Read more

Rising Shipping Costs Threaten Stocks

BY PATRICK WATSON This month, my wife and I drove from Austin to Memphis. Going across Arkansas, the number of trucks seemed quite high. We finally started counting and found commercial trucks outnumbered passenger vehicles by about 2-1. I don’t know if that ratio is normal on those interstates or how different it is from anywhere … Read more

Remember Clint Eastwood warned EVERYONE that Obama was a fraud: “One day we will realize that the Barack Obama presidency was the biggest fraud ever perpetrated on the American People.”

Love the empty chair speech he gave at the RNC that year. spez: Here’s the speech If you’re new here and thought Obama was our first scandal-free President, you’re misinfiormed: Obama was our first media SCRUTINY-FREE President. Before Deplorables brought on the scrutiny and started doing the Media’s job for it. Now sit back and watch … Read more

This Is The Very Best Explanation Of Why The Wealthy Get More Wealthy And The Middle Class And Poor Continue To Fall Behind.

https://twitter.com/OccupyWisdom/status/998911405377163264 https://twitter.com/OccupyWisdom/status/998719104725942272 #Millennials haven’t saved 2 years’ salary — they’ve saved 1 week’s worth and have leveraged to the hilt! But #Stock, #Bond & #Property prices can only go up, right? When these asset bubbles explode, What could possibly go wrong? Party Like it's 1929! https://t.co/A4sw7g5HXI pic.twitter.com/I22RNFYc5Q — Planet Ponzi (@PlanetPonzi) May 19, 2018 h/t … Read more

How Sustainable Is Earnings Growth?

Via Global Macro Monitor, Not very… and we will leave the calculation for the entire stock market to the stock analysts. Here’s why: Just glancing over WalMart’s latest earnings release from the week, we see two one-off macro factors that helped WalMart’s earnings in Q1, and most likely the same for other companies:  Foreign exchange rate effect … Read more

LET THE CHIPS FALL: Did The Obama Administration Spy On Trump Using Flimsy Evidence? Let’s Find Out.

“After all, if the DOJ is incorruptible, there’s nothing to worry about.” David Harsanyi: I don’t know if there’s a big conspiracy by the deep state. But it’s pretty obvious to me that leaders of our institutions aren’t above engaging in spying. John Brennan spied on the legislative branch and lied about it to the … Read more

$5 GALLON GAS NYC SET TO GO EVEN HIGHER!

Gas hits $5 a gallon in New York City NEW YORK CITY (FOX5NY) – With the summer travel season fast approaching, gas prices are on the rise but some people are getting sticker shock in Manhattan. Regular gas has hit $5 a gallon at at least one station.  A Mobil station on 11th Ave. in Hell’s … Read more

NATO Peacekeepers? Massive Summer Exercises On Russia’s Baltic Borders Are Pure Provocation

via strategic-culture: The foreign ministers (FMs) of the Baltic states have wound up their May 16-18 visit to Washington. They asked National Security Adviser John Bolton to reinforce the NATO battalions that have been deployed to their countries with air and naval units. They also want their air-defense capability enhanced. Lithuanian FM Linas Linkevicius emphasized that it’s not … Read more

INSANITY: California Pushes For Bill to Give Health Care to Illegal Aliens; California would become ‘utopia’ for illegal aliens with free healthcare coverage, says OC Supervisor

Watch the latest video at video.foxbusiness.com California might become the first state in the U.S. to offer health care coverage to illegal immigrants. Orange County Supervisor Michelle Steel told FOX Business that the healthcare bill would flood the state with a wave of undocumented workers from other states and other parts of the world. “It’s … Read more

Freight Costs, Volume, Demand All Surge across Trucking & Rail, Inflation Fears Heat Up

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Transportation Boom after the Transportation Recession. The Cass Truckload Linehaul Index, which tracks per-mile full-truckload pricing but does not include fuel and fuel surcharges – and therefore is not impacted by surging diesel prices – jumped 8.2% in April compared to a year ago, the largest year-over-year increase in the data going … Read more

Financial Sense Leading Economic Indicator Confirms Decelerating Growth Outlook

by FS Our Financial Sense leading economic indicator (LEI) peaked in October 2017 and has experienced six months of consecutive declines. It is still in positive territory—meaning the risk of a recession over the next six months is quite low—but weakening, confirming the growth slowdown ECRI’s Lakshman Achuthan warned about earlier this year on FS Insider. (click … Read more

Devin Nunes Declared ‘IT’S OVER’ For the Disgraced FBI

https://www.youtube.com/watch?v=tqVJSBOaCko The Patriot Beat reports, California Rep. Devin Nunes has been a relentless force for truth throughout this entire Spygate scandal, which is unfolding as the greatest political scandal in the history of the United States. Read More/Source/Credit/FairUse: https://patriotbeat.com/2018/05/20/vi…