Lots of crushed dreams and bank accounts. Sad story for many. 2018 Crypto Returns… pic.twitter.com/ac6dMu4fRJ — Charlie Bilello (@charliebilello) August 9, 2018 Chart: Many cryptocurrencies are at the lows for the year – pic.twitter.com/P0g00NvCI1 — (((The Daily Shot))) (@SoberLook) August 9, 2018
via @OccupyWisdom : 🏠 US #mortgage applications decreased to lowest in 2.5 years 🏠 US mortgage applications for refinancing are at lowest in 17.5 years 🏠 Share of refinancing smallest share since August 2008 🏠 US resales -.06% housing starts -12.3% new homes -5.3% #housingbubble 2.0 Deader Than Dead: as Mortgage Rates Rise, Refinancings Hit 18-Year … Read more
Hysterical: https://tinyurl.com/ybv8a6nz
via thefreethoughtproject: Typically, when Americans hear someone say that the education system in the United States “runs on lies,” they would expect the statement to come from a disgruntled parent or student—but now it is coming from the former Secretary of Education, as he admits that the U.S. lies to families on a daily basis by … Read more
via thefreethoughtproject: Washington, D.C. — (RT) The US Senate Intelligence Committee has requested that persecuted WikiLeaks editor Julian Assange testify before committee staff. The committee is investigating alleged Russian interference in the 2016 election. In a letter delivered to Assange at his residence in the Ecuadorian embassy in London, committee chairman Richard Burr (R-North Carolina) requested that Assange … Read more
via @DowdEdward: The stock market is in the process of topping. The Growth Factor vs the Value factor is flipping. There is not enough market cap in value to to offset this rotation and keep the indices up. It started a few weeks ago and once it picks up we will see levered Quants unwind fast. … Read more
via @MI_Investments: How many economists does it take to identify 3 massive bubbles shown on a chart that goes back to the 1800’s published on the cover page of the WSJ? Are we in a bubble today? What caused the last two recessions? Asset price inflation or CPI? The Fed wrong then as now: Speculative Futures … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “It’s a bizarre occurrence and it will not be resolved soon.” Orders for Class 8 trucks in July jumped 187% from a year ago to 52,250 units, the highest number of monthly orders ever. These are the heavy trucks that haul a significant part of the goods-based economy across the US. … Read more
There are WAY more than 7 indicators, but it’s important to highlight of a few major ones and constantly keep an eye on them. Let me know what other indicators you like to look at regularly! It’s pretty obvious that we can’t rely on any one individual or group to provide us with all the … Read more
A multimillion-dollar lawsuit has been quietly making its way through the New York State court system over the last three years, pitting a private equity manager named David Storper against his former boss: Secretary of Commerce Wilbur Ross. The pair worked side by side for more than a decade, eventually at the firm, WL Ross … Read more
via @RooseCapital: Breadth div on 200 day as well. $QQQ $amzn & $aapl on upside of channels w/ -ve div. Serious $amzn risk on postal outcome tomorrow, probability $aapl gets used in trade war. -ve risk here.
https://www.youtube.com/watch?v=asPLOcRSJM0 People suffering from major depressive disorder, MDD, have reduced arginine levels, a new study from the University of Eastern Finland shows. Arginine is an amino acid which the body uses to produce, e.g., nitric oxide. Nitric oxide, in turn, is a nervous system and immune defense mediator, and it also plays a role in … Read more
https://www.youtube.com/watch?v=UovKAURNZ5M Cristina Laila for the Gateway Pundit reports, House Intel Chairman Devin Nunes (R-CA) revealed bombshell after bombshell while on with FOX News’s Sean Hannity. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
https://www.youtube.com/watch?v=W6CD3xLG5pM Jim Hoft for the Gateway Pundit reports, On Monday morning far left thugs harassed and abused Turning Point’s Candace Owens and Charlie Kirk at breakfast in Philly. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
Until people start waking up to the reality that government and mega corporations are one in the same, they will never understand reality. Do you think anyone you know, knows about the REVOLVING DOOR? There is no division in between big business and big government. The corporations are able to use the iron fist known … Read more
$37 trillion debt. 25 million population. What could possibly go wrong? Oh and g’day from Perth, Australia When we look at Australia, we tend to find that they are following in the same path as the U.S., Canada, the UK and others. Accumulate as much debt as possible, take as much risk as you … Read more
https://www.youtube.com/watch?v=P1KaGuDaHmE Cristina Laila for the Gateway Pundit reports, Rick Gates, Paul Manafort’s former business associate took the witness stand early this week in the bank fraud and tax evasion case against Manafort. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
(Conservative Tribune) – Democrat Party operatives and their liberal media allies are largely counting on election-day turnout from Hispanic and Latino voters in the 2018 midterm elections to help swing control of at least part of Congress back to the left. To that end, they have played up the narrative of President Donald Trump as … Read more
Antifa rioters invaded Portland City Hall today injuring and attacking innocent people and officials. Arrests were made. This comes after violent riots where blood spilled into the streets and police had to respond with force to end the civil disturbance. The Willamette Week, a news organization owned by the Democrat Attorney General Ellen Rosenblum’ Backpage.com-affiliated … Read more
A loan is a big financial commitment. So, don’t go unprepared when taking out a loan. The financial market can be intimating and overwhelming. But negotiating the terms of your loan are not impossible. Yes, you can negotiate the loan interest and terms, but you need to do a lot of researching. Following, we are … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Let the good times roll. Total consumer credit – or less soothingly, consumer debt – rose 4.8% in the second quarter from a year earlier, or by $176 billion, to $3.87 trillion (not seasonally adjusted), the highest ever, according to the Federal Reserve. This includes credit-card debt, auto loans, and student loans, … Read more
via abc.net.au: It’s been a few weeks since Donald Trump fired the opening salvo in a trade war with China, slapping tariffs on a range of Chinese-made goods. Beijing retaliated with tariffs of its own — and since then, the rhetoric on both sides has been unrepentant. Much of the focus has been on nervous financial … Read more
via confoundedinterest: Rising interest rates have led to the lowest level of mortgage refinancing applications since December 2000. And compared to the “Go Go” days of the housing bubble, mortgage purchase applications are back to 1997 levels and growing at a tepid rate (by comparison). Even rising home prices aren’t thwarting mortgage purchase lending. But at … Read more
via thedrive: What if we told you there’s a land where premium gasoline flows like water, where a single U.S. dollar could net you nearly 925,000 gallons of the good stuff? This is no fairy tale—this is the reality on the ground in Venezuela, and it’s more like a nightmare as the country continues to grapple with … Read more
