by John Ward If you can see a mistaken logic in all ten of the catalysts presented hereunder, then let us all dismiss this talk of economic, financial, fiscal, social and sovereign disaster. Let us instead keep rowing towards the Paradise of the Eternal Growth paradigm. If not, be prepared for “Buddy can you spare a … Read more
Renowned trends researcher Gerald Celente thinks even if the market does not crash, it will keep rolling along but at a slower pace. There are two big things, according to Celente, that could cause big problems. Celente says, “We definitely see a slowdown. Absent two major issues, we don’t see a crash. Issue number one: … Read more
According to Michael Howell, chief executive officer at global research group Crossborder Capital, as monetary policy tightening takes place, there could be strong consequences for credit markets. While the yield curve is signalling upcoming problems, credit market spreads aren’t remaining tight. Howell believes it is just a matter of time until the credit market catches … Read more
from Zero Hedge Over the weekend, we reported that as a result of rising tariffs and escalating trade war, various US companies had passed on rising input costs to consumers, resulting in higher prices, in some cases significantly so, for a variety of products. The first industry hit by higher prices was in discretionary purchases such as recreational … Read more
From Frank Holmes at Frank Talk: The price of bitcoin surged above $8,000 last Tuesday for the first time since May after the Group of 20 (G20) meeting in Argentina concluded with little urgency to take regulatory action on cryptocurrencies. In a communiqué, G20 finance ministers and central bank governors expressed confidence that the technology underlying … Read more
by DCG From Fox News: Philadelphia has announced it will end a major information-sharing contract with Immigration and Customs Enforcement (ICE), bowing to intense pressure from activist groups and drawing immediate condemnation from federal officials. The move means that the city will not renew a decade-long arrangement to share real-time arrest information with ICE when it expires at … Read more
by Dr. Eowyn There is honor among thieves. Convicted felons serving time in jail still have a sense of right and wrong. In their hierarchy of crimes, pedophiles rank among the worst, which accounts for why they mete out their own punishment on pedophiles. Lawrence “Larry” Nassar, 54, is the former USA Gymnastics national team doctor and … Read more
via G, P, & C Is the Bank of Japan Finally Losing Control? While we like to focus on the US Federal Reserve (the Fed) because it controls the global reserve currency (the US dollar) and therefore is the most important Central Bank in the world… the fact is that it is Japan’s Central Bank, … Read more
The second-half borrowing estimate of US$769 billion is the highest since US$1.1 trillion in July-December 2008 via scmp The Treasury Department predicted the US government’s borrowing needs in the second half of this year will jump to the most since the financial crisis a decade ago as the nation’s fiscal health deteriorates – despite a … Read more
via Sue Chang John Hussman, president of Hussman Investment Trust, describes himself as an economist, a philanthropist, and a “realist optimist often viewed as a prophet of doom” on his Twitter profile. That last bit may be the one investors care about on Monday as the stock market shows signs of unraveling on the back of … Read more