Trading has always been a game for the rich. Making it big in the world of finance is much easier for those with money and connections, It’s no secret. When cryptocurrency began to emerge almost ten years ago, it was hailed as a new way of trading, a more equal kind of trading with opportunities … Read more
via ZeroHedge While many celebrated the record high US household wealth in the latest data from The Fed, what most missed was a record $1.0 trillion of credit card/revolving loans, a record $1.3 trillion of auto loans, and a record $1.5 trillion of student loans. As we previously noted, among these, credit card and auto loans, … Read more
by Martin Armstrong The US sanctions against Russia are pointless and are placing the West at risk the politicians are too stupid to even comprehend. Already, some Russian companies have asked the government for liquidity injections of up to $2 billion. Even the world’s second-largest aluminum producer Rusal has asked for help. Nevertheless, the impact … Read more
by Martin Armstrong QUESTION: Thanks for the update. So it looks like the Vertical Market in the Dow will extend into the end of this cycle 2032 as you warned it could do. Correct? EK ANSWER: It appears to be shaping up that way. The consolidation has been shallow and nothing to get excited about. If the … Read more
by FS Listen to this podcast on our site by clicking here or subscribe on iTunes here. Financial Sense Newshour just spoke with Craig “Bullseye” Johnson from Piper Jaffray to get his outlook on the market. Johnson believes the corrective phase that started in February is not over and provided some downside targets for the S&P 500. He’s … Read more
https://www.youtube.com/watch?v=OveJui5L0pg Jack Davis for the Western Journal reports, Several counties in Illinois are putting lawmakers opposed to gun rights on notice that they may refuse to allow anti-gun legislation being considered at the state level from being enforced locally. Read More/Source/Credit/FairUse: https://www.westernjournal.com/illino…
Will he be defending Mueller is he concludes Trump is innocent? AC
https://www.youtube.com/watch?v=WnnW7QXxGWo Sooner or later, all decent people are going to wake up and realize that the left is built on lies, intimidation and hate. Once that happens on a massive scale (we’re almost there) it’s the end of the left for at least a generation or two. AC
https://www.youtube.com/watch?v=6kHp18YQYqE Lionel joins RT America’s Manila Chan to break down the break down.
They have been very clear about what they do. They are there to make money for the big boys, not you. Yet so many people are dumping their life savings into bank account, investment accounts, mutual funds, bonds, stocks, etc. and they are doing so based on someone else’s guidance. Have they really stopped and … Read more
by chak2005 Money market funds are reasonably expected to protect the value of nominal principal. They are not FDIC insured and can loose money. However, scenarios in which they loose money would probably be major scandals – of the kind that could bring down whatever fund company offered the money market. “Breaking the buck” is not … Read more
by cbus20122 See FRED Revolving Credit Data Here As some probably know by now, I’ve been following along closely to a lot of consumer credit data in the USA and also around the world. Today’s credit release had a really interesting and bearish item pop up…. a decrease in revolving credit, IE credit card debt. … Read more
EXPLAIN MONETARY POLICY TO A CHILD https://twitter.com/OccupyWisdom/status/993609657024475136 Fed balance sheet pic.twitter.com/lJopxYhyny — zerohedge (@zerohedge) May 7, 2018 International High Yield sounds warning… pic.twitter.com/WhujksVRpA — Alastair (@StockBoardAsset) May 6, 2018 pic.twitter.com/x2mTLIazwa — Alastair (@StockBoardAsset) May 7, 2018 https://twitter.com/OccupyWisdom/status/993592674199490562 https://twitter.com/GregMannarino/status/993523547313094656 https://twitter.com/GregMannarino/status/993523547313094656 Fed’s QE Unwind Accelerates Sharply These are getting to be serious amounts. The QE Unwind is … Read more
Toronto’s housing bubble is popping, its only a matter of time before this spreads from country to country and it all starts to fall apart. Commercial price index is now back to 2008 levels. Credit card delinquencies are on the rise, charge offs are increasing among small banks and the people have it the ceiling … Read more
From Birch Gold Group This week, Your News to Know brings you the latest stories involving gold and the overall economy. Stories include: Gold will do well with Fed’s focus on inflation, gold is more attractive than bonds as inflation gets ready to spike, and Ron Paul renews his market meltdown prediction. Gold will do well as the … Read more
by AMY S. There were many diseases and epidemics that took numerous human lives in the medieval times. People were desperately seeking for a natural remedy that will help them fight all these diseases and preserve their lives, so in this article, we’re going to present you one especially interesting antibiotic that kills all parasites! It’s … Read more
via Bob Ryan More than 1,100 economists, including 14 Nobel laureates, urged President Donald Trump to reverse course on recent trade measures. The economists drew comparisons between the current tariff measures under Trump and the Smoot-Hawley Act in 1930. The Smoot-Hawley tariffs helped contribute to the economic hardships of the Great Depression. Over 1,100 leading … Read more
Kevin d. blanch PhD;; Army core of engineers’ COVER-UP PACIFIC SALMON COUNTS, THE NUCLEAR ENERGY MONARCHY, and its want-ABE $ USEFUL idiots, CLIMB ON THE NUCLEAR PRISON SHIPS,, kevin d. blanch WILLIAM WALLACE ON BALCO ON CHEM; VS, THE NUCLEAR ENERGY CRIME FAMILY MONARCHY;; http://www.pressofatlanticcity.com/news/breaking/murphy-asked-to-conditionally-veto-nuclear-bailout-bill/article_79f90135-1693-5270-9749-71ce7eab9737.html?utm_medium=social&utm_source=facebook&utm_campaign=user-share https://www.utahreports.com/ https://www.theguardian.com/environme…
https://twitter.com/ArthurSchwartz/status/993628456025051136 He also teamed up with Mueller in the Russia probe (Politico August 2017) The New Yorker just published the report. Four women are on record. Look up Eric Schneiderman’s tweets about feminism and Trump’s tweets about him dating back to 2013. Weiner is gone, Spitzer is gone – next will be lightweight A.G. … Read more
Scientists at the University of California, Davis, say they have calculated the total costs of caring for people with autism spectrum disorder (ASD) in the United States today and 10 years from now for the first time. Their study, published online Tuesday in the Journal of Autism and Developmental Disorder, makes a bleak prediction for future … Read more
https://www.youtube.com/watch?v=zAOu8qihoWQ Jim Hoft for the Gateway Pundit reports, Trump UN Ambassador Nikki Haley called for dirty cop Robert Mueller to be able to finish his investigation. Haley wants to make sure every Trump donor is interviewed and harassed before Mueller calls it quits. Read More/Source/Credit/FairUse: http://www.thegatewaypundit.com/2018/…
By Harry Dent I came across some interesting data recently… If you’re thinking of retiring or moving to a smaller area that still has some affluence, maybe a few good restaurants, here are 20 small towns that have a high percentage of millionaires. Millionaires are only 4% of households in the U.S. with an overall median … Read more
From CNN Money: General Electric is still haunted by its disastrous adventure in subprime mortgage lending more than a decade ago. GE shut down WMC, its mortgage business, in 2007 after the market for lending to risky borrowers collapsed. But the business still faces legal trouble, including lawsuits from investors and an investigation by the Justice … Read more
via Credit Bubble Bulletin One hundred and six months. The current expansion, having emerged in the aftermath of the collapse of the mortgage finance Bubble, is now the second-longest on record (lagging only the 120-month 1990’s Bubble period). The unemployment rate dropped to 3.9% last month, the lowest level since the 3.8% print in April 2000. … Read more
by AMY S. China wouldnt even be considered a “Super Power” if it wasnt for the Bill Clinton presidency. He gave China the Untied States ballistic missile technology for nothing in return and allowed them to enter the World Trade Organization. Theory is they financed his presidential campaigns. He was colluding before colluding was cool. Some … Read more