The 60/40 Portfolio Is Doomed Amid Rising Interest Rates

BY JARED DILLIAN I’ve said this many times. When rates go up sharply, stuff blows up because lots of people are negatively exposed to higher rates. Households, corporations, and governments are all negatively exposed to higher rates—in different degrees. Back in 1994, we found that it was Mexico, Procter & Gamble, and Orange County, California who all … Read more

Russia To Build 5th-Generation Nuclear Subs With Hypersonic Missiles

by stockboardasset Vladimir Dorofeyev, CEO of Russia’s Malakhit Marine Engineering Design Bureau, told TASS in 2015 that “the work on the fifth-generation of submarines is already underway.” Now an anonymous source deep within the Russian defense sector told TASSon Thursday that the Husky-class fifth-generation nuclear-powered submarine will be armed with Zircon hypersonic missiles with a deployment date … Read more

The US Military Has Too Many Aircraft Carriers

by Duane Norman, Free Market Shooter Recently the troubled USS Gerald R. Ford has been making headlines, in yet another embarrassing moment for the US Navy’s troubled acquisition process: The previously undisclosed problem with a propulsion system bearing, which occurred in January but has yet to be remedied, comes as the Navy is poised to request approval … Read more

Waiting on the Echo of Crude Oil’s Big Drop

by Tom McClellan 10 years ago in June 2008, oil prices were making a top above $140/barrel, which turned out to be an exhaustive blowoff top.  A steep collapse ensued, taking oil prices down to below $40 in January 2009. Crude oil gives us a 10-year leading indication for what the stock market is going to … Read more

Here Comes Another Global Financial Crisis …

via The Week Is another global financial crisis on the horizon? Investors are increasingly worried that an escalating political crisisin Italy could lead to a populist, euroskeptic government taking power. As a result, there’s rising uncertainty about whether the country might eventually abandon the euro currency zone or default on its giant debt pile. To make things … Read more

The Catastrophic Results Of The Smoot-Hawley Tariff Of 1929-30

via Selwyn Parker In the year 1929, as America slides into recession, a Republican senator, avowed patriot, Mormon “prophet” and businessman named Reed Smoot decides that he wants to do something about saving the country’s jobs. They are being lost, insists Senator Smoot, because too many countries are selling too many goods into the United States and undermining … Read more

Socialism equals triumph for corporate criminals

by Jon Rappoport In several recent articles (all here under category: socialism), I’ve exposed the myth that socialism is a revolution of and for the people. I’ve presented evidence that socialism is actually a movement owned, operated, and funded by ultra-wealthy elites. Dupes, foot soldiers, blind idealists, indoctrinated students, and low-level thugs are recruited through cutouts … Read more

Shopping for an Ecommerce Platform? Be Choosy!

Ecommerce is growing approximately 23 percent each year. Yet nearly half (46 percent) of small businesses in the U.S. do not yet have a website. What is the most important decision you’ll make when you’re establishing an ecommerce store? Well, setting your product lineup is certainly important as it dictates the very nature of your … Read more

Morgan Stanley Says We’re In A Bear Market But Investors Just Don’t Realize It Yet

via @tomwfranck “I think we’re in a rolling bear market,” said Mike Wilson, Morgan Stanley’s chief U.S. equity strategist. “It’s fooling everybody at the index level, but there’s a lot of pain out there.” The strategist’s comment came as the S&P 500 fell 0.3 percent and the Dow Jones industrial average slipped nearly 1.2 percent. The most bearish strategist tracked … Read more

Massive Genetic Study Reveals 90 Percent Of Earth’s Animals Appeared At The Same Time

Landmark new research that involves analyzing millions of DNA barcodes has debunked much about what we know today about the evolution of species. In a massive genetic study, senior research associate at the Program for the Human Environment at Rockefeller University Mark Stoeckle and University of Basel geneticist David Thaler discovered that virtually 90 percent … Read more

Democrat New York Attorney General: Let’s Prosecute People Twice For The Same Crime

On Thursday, after news broke that President Trump had pardoned Dinesh D’Souza for his campaign finance violations, the New York Attorney General’s office immediately tweeted out that they’d like to pass a state law to unjustifiably jail those who had been pardoned for federal crimes. In fact, they’d like to violate the constitutional prohibition on … Read more

US warns of ability to take down Chinese artificial islands in The South China Sea

The Pentagon on Thursday ratcheted up rhetoric about China’s militarization of islands in the South China Sea, even as the Trump administration presses China for cooperation on North Korea. When asked by a reporter about the ability of the US to “blow apart” one of China’s controversial man-made islands, Lt. Gen. Kenneth McKenzie, director of … Read more

Sears – Stock down 18%+ so far today… Another 63 stores to be closed

https://www.marketwatch.com/investing/stock/shld?mod=MW_story_quote Here’s the list of 63 stores Sears is closing in the ‘near future,’ and there are more coming Sears* 10001 N. Metro Parkway West Phoenix Arizona Sears 100 S. Puente Hills Mall City of Industry California Kmart 910 North China Lake Blvd. Ridgecrest California Kmart 9881 W. 58th Ave. Arvada Colorado Sears 320 Towne … Read more

Visa DOWN: Millions affected as ‘service disruption’ blocks payments across UK and EUROPE

VISA has been hit by a “service disruption” which is blocking payments across Europe – with one frustrated customer comparing it to “the apocalypse”. Others described scenes of “bedlam” in supermarkets. Paymentsense, an organisation which offers card facilities to small and medium-sized companies, confirmed the issue was affecting businesses across the UK. They Tweeted: “There … Read more

New Jersey Reintroduces Obamacare Individual mandate Tax

via NJ.com: Gov. Phil Murphy on Wednesday signed a law preserving a critical yet controversial part of the Affordable Care Act that President Donald Trump‘s administration repealed last year. One of the laws creates a statewide individual mandate, which will require all New Jerseyans who don’t have health coverage through a government program like Medicare or their jobs to buy a policy, … Read more