Month: July 2018

by howmuch Be honest—where do you keep your smartphone at night? Is it on the nightstand? Having a smartphone is now an essential part of modern life, and many people wouldn’t leave home without it. And among smartphone makers, Apple is laughing at critics who thought people wouldn’t pay more than $1,000 for a phone. … Read more

by David Haggith A summer storm is gathering against the housing market all across the US. More than a year ago, I predicted the collapse of Housing Bubble 2.0 and then predicted as soon as the housing market collapse had begun that it would see temporary reprieve until the summer of 2018. Well, that reprieve has ended … two … Read more

It demonstrates conclusively that the economy died in 2008, less government spending. This is essentially a #Depression It is estimated the OVER 1/3 OF #GDP is government spending. IN AN EXPANSION. WHERE IS THIS GOING NEXT #RECESSION?    

h/t @StockBoardAsset Mind The Gap (it’s a big one)… Search Phrase “How to Prepare for a Recession” Surges to 10YR High there needs to be an intervention to keep the short cover alive — if that is CB comments, WH comments, ECT… Carefully monitoring Russell 2000 (monthly) R3 Probe Iron Ore Futures! 2s10s 23 handle Yield … Read more

by Thinker By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. The Senate has confirmed 65 of Trump’s nominees for United States attorneys– the principal federal law enforcement officers in their districts– eight more than had been confirmed at at a … Read more

at this rate the .@NewYorkFed going to invert 2s10s on next hike h/t @StockBoardAsset

Josh Sigurdson talks with author and economic analyst John Sneisen about a story that is not being picked up by the media at all. A story coming out of the notorious, yet beautiful island country of Cyprus. We all remember the former banking crisis in Cyprus which lead to bail-ins, bailouts and vast poverty. Well, … Read more

https://www.youtube.com/watch?v=8OmMvkkWzJs This woman didn’t answer one question. She just kept going around the questions trying to talk about something else. She works for Suckerberg, of course she is okay with violence against conservatives.   SG

https://www.youtube.com/watch?v=Ujjk7qOr7lQ As more information continues to come in, it is becoming apparent something stinks in Puerto Rico. The FBI has already made 3 arrests, including one mayor, while another and more infamous mayor becomes the target of her own federal investigation. Who is to blame for the poor response to disastrous hurricane Maria?

Loans backed by stocks looked like safe bets as Chinese stocks marched higher over the past two years, however a $2 trillion selloff since late January is rapidly eroding the value of brokerages’ collateral.” $1 trillion worth of Chinese stocks has been pledged as collateral for loans h/t @dlacalle_IA

When one central stops printing, another one takes over. Soon Europe stops printing after having printed 2500 Billion € since 2015 and I would not be surprised if the Fed starts another round of QE. It’s a game for them. All fiat currencies are going to ZERO.   h/t @dlacalle_IA

via scmp: Divers off the South Korean island of Ulleungdo have discovered the fabled wreck of the Dmitrii Donskoi, a Russian warship that was sunk in 1905 and is rumoured to still contain 5,500 boxes of gold bars and coins said to be worth US$133 billion. The badly damaged Russian Imperial Navy cruiser was located by … Read more

Last night one of the “morals of the story” of a thread we posted was “Don’t miss the forest for the trees.” The chart below is a view of “the forest”, in its full glory. Cht originally via ISI Evercore, additional annotation by FFTT. #TreeRings you probably shouldn’t look at this chart #MARGINDEBT VS #SP500 … Read more

via  @pattidomm The Fed’s next rate hike and its commitment to keep hiking rates could cause the closely watched Treasury yield curve to invert— or flip—with shorter term rates rising above longer term rates. That so-called inversion is a sign of recession, and Natixis economist Joseph LaVorgna believes that the curve could invert after the Fed’s … Read more

by DCG Local sanctuary-loving progressives are not honoring ICE detainers and are releasing criminals back into their communities. Wait until you read the details regarding some of the crimes these illegal aliens committed and how the local county did not comply with ICE detainer requests. It will make your blood boil. This is why we need … Read more

by Martin Armstrong There are groups of Democratic Socialists that are stalking Trump’s staff and Republicans. White House Press Secretary Sarah Huckabee Sanders was refused service in the Red Hen Restaurantwhich is really no different than discriminating against someone because of their race. If it were over race, that action would be criminally prosecuted. Other angry protesters … Read more

via BBG Federal Reserve Bank of Minneapolis President Neel Kashkari wrote in a post “there is little reason to raise rates much further, invert the yield curve, put the brakes on the economy and risk that it does, in fact, trigger a recession.” He added “this time is different. I consider those the four most dangerous words in … Read more

by Martin Armstrong Believe it or not, Chinese start-ups have for the first time collected more venture capital than newly established US companies in the past quarter. This is reported by the South China Morning Post . Almost half (47%) of the venture capital used worldwide was spent on start-ups from the Middle Kingdom. The American start-ups were only just over … Read more

by Thinker The free ride is over and the living high on the taxpayers of America is in the past for the Obama’s. While they were in the White House, the promises, had Obama fulfilled them might have prevented the present day lifestyle. It would seem there were some who didn’t think there was even … Read more

by Thinker If you didn’t listen to the BBC interview with Chinese Ambassador to the United Nations, in the thread above, then you don’t understand or know deep state USA. They control the dark web and the world of drugs, pedophilia, and human trafficking. Africa has been the continent that has been bled to death … Read more

by Thinker How much money did everyone take to sell out the American people to protect the thieves of the missing trillions from the Pentagon, the drugs flowing into the U.S., and the babies moving across borders? Last night Kevin Shipp laid out a damning indictment of the Clinton’s and their crime syndicate associates. Kevin … Read more