Do you think it’s ok to have lots of credit card debt? I ask this because many people believe that this is a great way to consume more and believe that hyperinflation will eventually pay for everything. People have been accumulating debt like it’s a healthy habit. Like it’s a collectible item. Only one … Read more
Mr. Gowdy earns his pay check thats for sure. https://www.youtube.com/watch?v=tAxRqnrNr7s If Trey Gowdy ran for president, I would vote for him! JG
via Dailycaller: ABC later tweeted a correction and apologized for the error. “We regret and apologize for the false lower third graphic that aired during our special report,” they wrote. “We are investigating how incorrect information was in our system and how and why it was allowed to air.” “There is simply no excuse for … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Despite persistent and false memes to the contrary. When a housing downturn gets big enough, there will be a mortgage crisis, and it will hit banks, shadow banks, and mortgage insurers no matter what the mortgage laws are: that’s what the US mortgage crisis has demonstrated. Yet many industry organs and … Read more
by Michael Snyder We live at a time when Americans are packing up and moving with increasing frequency. Some are moving for new opportunities, some are moving in anticipation of what is coming, and others are moving just because they are bored. As the publisher of The Economic Collapse Blog and The Most Important News, I am frequently … Read more
by Michael Snyder For a long time I have observed the rancor in modern American political discourse, and I have become concerned about where all of this anger and frustration is taking us. In order for any society to function, there must be some form of government. And in order for government to function, a … Read more
By Lance Gaitan Last week, Federal Reserve Chair Jerome Powell dropped a couple of surprises on Fed watchers. What didn’t come as a shock was the quarter-point hike to the overnight federal funds rate. Markets were fully prepared for that move. But they were caught unawares when the Fed highlighted the potential for an additionalhike this year. That would bring the total … Read more
by Chris Vermeulen of The Technical Traders Well over a month ago we warned our followers of a “capital market shift” that was taking place in the global markets. Nearly 3 months before that time, we warned that China’s economy was about to enter a sustained economic downtrend cycle that could be dangerous to the global markets. Today, … Read more
by Thinker Where are the grand juries and indictments? Judicial Watch Director of Investigations Chris Farrell discusses how Justice Department Inspector General Michael Horowitz and FBI Director Christopher Wray testified on Capitol Hill over the IG report. WHERE IS JUSTICE? CRIMES AGAINST HUMANITY AND THE AMERICAN PEOPLE BY WAY OF LIES! Horowitz: Inappropriate texts cast … Read more
by cbus20122 Please be skeptical, as I do the same. I’m not even fully on board with a lot of technical analysis, especially bad technical analysis. I like fundamentals more than anything else, but enjoy the idea of backing up fundamentals with some technical analysis at times. I also believe that technical analysis often is reflective … Read more
Starbucks decides to close down 150 stores, if the economy is doing so well why are they contracting. The housing markets continues to decline, existing homes sales decline as prices and interest rates rise. This is not going to end well. Europe imposes tariffs on the US, China hits back, the strategy, break the globalists … Read more
via Jill Mislinski The Q Ratio is a popular method of estimating the fair value of the stock market developed by Nobel Laureate James Tobin. It’s a fairly simple concept, but laborious to calculate. The Q Ratio is the total price of the market divided by the replacement cost of all its companies. Fortunately, the government … Read more
by Thinker ‘Clinton Cash’ author Peter Schweizer weighs in on ‘Fox News @ Night with Shannon Bream’ after the DOJ inspector general report on the FBI’s handling of the Clinton email investigation is released. Peter Strzok Escorted from FBI Building Lawyer for anti-Trump FBI agent Peter Strzok fires back against criticism, saying his client is … Read more
Horowitz drops huge number of bombshells. New commander in Afghanistan says the battle against the IS is working. Senate blocks the sale of the F25 to Turkey. NATO is preparing new drills in Norway to provoke Russia. Iran says the nuclear deal might be over, Europe is not stepping up to the plate. Q drops … Read more
by Dr. Eowyn In the latest manufactured crisis by the Left, we are inundated by the media with denunciations of President Trump’s evil “policy of separation of families”. The Catholic Church’s clergy also jumped into the fray, ignoring the Left’s sacrosanct “separation of church and state” dictum. As an example, the morbidly obese Bishop Patrick McGrath … Read more
by Chris Black The corporate left wing mainstream media together with their Democrat masters are currently working on force-feeding the American people with one of the biggest lies in history. Here are a couple of examples to see the sad state of affairs of our mainstream media courtesy of Matt Drudge: SEE MADDOW CRY HORRIFYING … Read more
Worth noting that a similar, albeit smaller, divergence was evident in early 2016, and it got resolved away. Now we get to see whether this one can. Even though ECB QE still continues, the repatriation of US corp. money in 2018 seems to be sucking liquidity out of overseas banks. https://twitter.com/McClellanOsc/status/1009231850903035905 https://twitter.com/MehulD108/status/1009044471965679616 The Message … Read more
by themeanbeaver *James Comey *Huma Abedin *Hillary Clinton *Eric Holder *Andrew McCabe *Anthony Weiner *Loretta Lynch Many whistleblowers and good people have gone to jail for mishandling classified information but all these people at the FBI and the State Department were engaged deliberate destruction or gross misuse of classified information. FBI doing everything to protect … Read more
via Chris Kimble In today’s 3-pack, we look at the commodities index, crude oil, and treasury yields. A major message to the markets could be underway. Looking at the charts below, you will notice that all three assets/indicators touched up near their “Long-Term” Fibonacci retracement levels at the same time and could be creating reversal patterns. Could these … Read more
BY PATRICK WATSON Some things you just don’t question. Social Security is one of them. You pay into it your whole career, and you expect to get paid when you retire. No politician dares say you won’t. Now, if the politicians were honest, they would tell us not to bet on Social Security… or Medicare, for … Read more
https://d.tube What is DTube? DTube is an application fully written in javascript, that runs in the browser, that allows you to upload and watch videos on top of the IPFS Network. Moreover, it uses STEEM as a database and enables earning rewards from your uploads. This might ring a bell for those who remember the … Read more
by stockboardasset The financial media are euphoric that stocks are up today. However, they’re all ignoring the fact that the issue that triggered the recent sell-off (the Fed’s colossal policy error regarding the $USD) has not been resolved. Put another way, until the $USD rolls over, stocks are in serious danger. We need to get out … Read more
Read more here: http://jwatch.us/Rpkh44 Judicial Watch announced that it filed a Freedom of Information Act (FOIA) lawsuit against the U.S. Department of Justice for all records of communications between both the DOJ and the Federal Bureau of Investigation with members of the Senate Judiciary Committee and the House Permanent Select Committee on Intelligence regarding the … Read more
by Brandon Smith There is a classic denial tactic that many people use when confronted with negative facts about a subject they have a personal attachment to; I would call it “deferral denial” — or a psychological postponing of reality. For example, point out the fundamentals on the U.S. economy such as the fact that unemployment is not below … Read more
