Month: June 2018

Huge New Prop under the Stock Market is a One-Time Affair

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Crash insurance with an expiration date. But its working while it lasts. In May, with great and perfectly orchestrated fanfare, US corporations announced plans to buy back $173.6 billion of their own shares sometime in the future. it was the largest monthly buyback announcement ever. And some of the announcements were … Read more

Miss America Pageant Ruined by Cultural Marxists: No More Swimsuit Competition, Interview Session Instead

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by Chris Black In a related story, the Miss America Pageant will not be broadcast this year due to a total lack of viewers and sponsors.  Joke aside, after turning America’s campuses into leftist indoctrination centers and Hollywood into a hard-core propaganda machine for cultural marxism, now it’s Miss America pageant’s turn to get slapped … Read more

The American Empire and its Media – Executives and Top Journalists of Almost All Major Us News Outlets Have Long Been Members of the Influential Council on Foreign Relations, To feed Propaganda

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via swprs.org: Largely unbeknownst to the general public, executives and top journalists of almost all major US news outlets have long been members of the influential Council on Foreign Relations (CFR).  Established in 1921 as a private, bipartisan organization to “awaken America to its worldwide responsibilities”, the CFR and its close to 5000 elite members have for … Read more

Stocks and Precous Metals Charts – Clueless

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by Jesse   “Pride gets no pleasure out of having something, only out of having more of it than the next man… It is the comparison that makes you proud: the pleasure of being above the rest…A proud man is always looking down on things and people; and, of course, as long as you are … Read more

Technically Speaking: Bulls Charge Into “Trade War”

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by Lance Roberts On Monday, stocks opened higher as the bulls pushed the market above overhead resistance. In this past weekend’s missive, I updated our ongoing “pathway” analysis which continues to drive our overall portfolio positioning currently. To wit: “As shown by the reddish triangle, the ongoing consolidation process continues. Eventually, this will end with either a bullish … Read more

Doug Casey on the Crisis in Argentina

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Via Casey Research Justin’s note: Argentina is teetering on the edge of a full-blown crisis. Its currency, the peso, is in free fall. Inflation is skyrocketing. And foreign investors are fleeing the country. In short, it’s starting to feel like 2001 again. So, it’s no surprise that the Mauricio Macri government is doing everything it can … Read more

Short Sellers and Options Traders Bet on More Deutsche Bank Pain

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via Reuters: Short sellers and derivatives traders are betting Deutsche Bank’s (DBKGn.DE) share price recovery will prove temporary, with data suggesting short interest in the German lender is the highest of any global bank. Germany’s largest bank saw its shares slump to near record lows last week after a credit rating downgrade, reports the U.S. regulator … Read more

“I WOULD ANSWER IF YOU WOULD STOP TALKING!” Sarah Sanders SHUTS UP Race Baiting Reporter

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https://www.youtube.com/watch?v=dj2DiRCWPOg “I WOULD ANSWER IF YOU WOULD STOP TALKING!” Sarah Sanders SHUTS UP Race Baiting Reporter Today Sarah Sanders and April Ryan Went At It Over The National Anthem And Philadelphia Eagles white house trip President Trump got cancelled on by the eagles so he went ahead with cancelling it all president donald trump press … Read more

Former FEC Chair: FEC Complaints ‘Absolutely’ Biased Against Republicans. Democrat Ann Ravel says liberal groups responsible for most complaints

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via freebeacon: Ann Ravel, the former Democrat chair of the Federal Election Commission (FEC) who wanted to regulate Internet speech, said that complaints brought before the commission are “absolutely” biased against Republicans. Ravel made the comments during an interviewwith the alumni magazine of U.C. Berkeley, her alma mater where she is now a lecturer at its law school. When … Read more

McDonald’s CEO says ROBOTS are better

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McDonald’s CEO: We are evolving the business in a meaningful way from CNBC. McDonald’s has been systematically adding self-service ordering kiosks and table service to stores as it works to “build a better McDonald’s.” “What we’re finding is when people dwell more, they select more,” CEO Steve Easterbrook said. “There’s a little bit of an … Read more

Social Security dips into reserves – “get ready for 2/3 benefits” in a few years

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Social Security trust fund again projected to run dry in 2034 via marketwatch: Medicare’s finances were downgraded in a new report from the program’s trustees on Tuesday, while the projection for Social Security’s stayed the same as last year. Medicare’s hospital insurance fund will be depleted in 2026, said the trustees who oversee the benefit program in … Read more

Immigration agents arrest 114 in Ohio landscaper sting

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SANDUSKY, Ohio (AP) — U.S. immigration agents made more than 100 arrests Tuesday at a gardening and landscaping company, aided by about 200 law enforcement workers in one of the largest employer stings in recent years. The 114 arrests occurred at two locations of Corso’s Flower & Garden Center, one in Sandusky, a resort city … Read more