An Absolutely Epic Escalation Of The Trade War Has Us On The Precipice Of A Cataclysmic Global Economic Crisis

by Michael Snyder If Americans really understood how much their standard of living was about to change, the streets of our major cities would be packed with protesters by tomorrow morning.  For the past several decades, China and other low cost exporters have been flooding our shores with hundreds of billions of dollars worth of … Read more

Over 30% Of Global Wealth Funds To Reduce Stock Holdings Amid Trade Woes

via Sputnik Top international money managers are expecting that a downturn in the global exchange in capital, goods, services and workforce could cripple stock markets worldwide, suggesting other investment opportunities might be in focus over the coming years. Kristian Rouz — A new report finds that roughly one-third of the world’s most prominent sovereign wealth funds are … Read more

10 Smart Ways to Prep Without Spending Money

by Daisy Luther, The Organic Prepper Are you convinced that you can’t prep unless you have a whole lot of money to spend? That couldn’t be further from the truth. There are all sorts of ways you can become better prepared without spending a dime. The thing to remember is that there is a lot … Read more

THE DEMOCRATS’ CLIMATE OF HATE

14 Times Republican Officials Were Viciously Harassed, Threatened With Death: In the past couple of months, Republicans and government officials who work for President Trump have received death threats, been run out of restaurants and stores, and followed to their cars. via thefederalist: Throughout the past couple of months, Republicans and government officials who work for … Read more

Portland Fines I.C.E. For Fence Code Violation

Just when you thought the city of Portland couldn’t possibly get anymore wackjob-y, city officials say “HOLD MY BEER!” and issue a fine to I.C.E. over the temporary fence that the agency erected to keep protesters out. Since Portland police were ordered to stand down by mayor Ted Wheeler and police chief Danielle Outlaw (yes, … Read more

New poll spells doom for Democrats’ dreams of a blue wave: Three Senate Democrats are running behind their Republican challengers — leaving Democrats worried about the fall… Poll: Most ‘better off financially’ under Trump than Obama.

WORRIES AT SALON: New poll spells doom for Democrats’ dreams of a blue wave: Three Senate Democrats are running behind their Republican challengers — leaving Democrats worried about the fall.   With the upcoming midterm elections inching closer, the Democrats’ odds of flipping the Senate are looking weaker and weaker, thereby increasing the pressure to secure the House in order … Read more

What Happens When Democrats Run Your State?

Here’s What Happens When Democrats Run Your State Government. Examining How the Left ruined California Video clips used from the videos linked below the YouTube video at link:   HEADLINES FROM 2009: Socialism Isn’t the Future of the Democratic Party – It’s Their Present. (Classical reference in headline.)   h/t ND

What IBM Said about the IT Chaos at UK Bank TSB and Owner Sabadell, Now in its 12th Week

Contracted to fix the fiasco, IBM estimates costs at $1.25 billion: sources. There’s even talk of divorce, after just 3 years of corporate marriage. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. As the blame game intensifies over beleaguered UK lender TSB’s never-ending IT nightmare upgrade, now in its 12th week, relations between the bank’s … Read more

Merrill Lynch’s Private Clients Still Hold Extremely Low Levels Of Cash And … … Run High-Beta Portfolios…. Margin Debt Is Starting To Look Like A Bitcoin Chart

Merrill Lynch’s private clients still hold extremely low levels of cash and … … run high-beta portfolios. Buybacks Amazon, Netflix and Microsoft together this year are responsible for 71% of S&P 500 returns and for 78% of Nasdaq 100 returns. https://t.co/Ju908N41UZ pic.twitter.com/ItOVz7r828 — Trevor Noren (@trevornoren) July 10, 2018 MARGIN #DEBT IS STARTING TO LOOK … Read more

Have you noticed all the Finance media folks who 6 months ago told you Federal Reserve would never let curve invert now claiming an inverted yield curve will be meaningless this time… thats a bigger lie than SUBPRIME IS CONTAINED

https://twitter.com/DividendMaster/status/1016744817051697152 What Happens Next? https://t.co/dy0g4zGVgL — zerohedge (@zerohedge) July 10, 2018 Harley Bassman: "The Yield Curve will not invert until near the December FOMC meeting" — zerohedge (@zerohedge) July 10, 2018 Fed’s Bullard: Inverting Yield Curve ‘Key Near-Term Risk’ Officials have been split over how to interpret shift, which has often signaled short-term economic worry … Read more

‘Laugh so as Not to Cry’ Dept: The Comically Overpromised Pensions of Illinois

via wirepoints: One graphic perfectly captures the absurdity of Illinois pensions over the past three decades. It’s what Justice Samuel Alito described as Illinois’ “generous public-employee retirement packages” when writing for the majority in the Janus v. AFSCME decision. “Illinois’ pension funds are underfunded by $129 billion as a result of generous public-employee retirement packages” he wrote. … Read more

Rising Wages = Shrinking Corporate Profit Margins … And Falling Stock Prices?

by John Rubino Today’s Wall Street Journal contains a couple of charts that illustrate a relationship that’s not getting much media attention these days: The fact that tightening labor markets are forcing companies to raise wages, in the process squeezing their own profit margins. Historically this margin compression has been either a cause of or contributor to … Read more