via Larry Elliot As a profession, economists are absolutely hopeless at forecasting recessions. That is true not only in the years before a severe downturn. It happens when the storm is about to break. Back in 2008, the Bank of England failed to predict the biggest postwar slump in the UK’s history even after it had started. … Read more
by Martin Armstrong COMMENT: Marty; You are not only the only person to forecast BREXIT, you also said the British Economy would do far better after BREXIT. There was absolutely nobody that agreed with you. I read every bank report in the city and every single one said the British economy would take a nose … Read more
by FS We’re currently in the longest bull market in history. Where do we go from here? This time on Financial Sense Newshour’s Big Picture, Jim Puplava discusses the forces that are holding this market up, and what issues might develop under these conditions as a recession takes hold. For related podcast, see What’s Different This Time or … Read more
https://www.youtube.com/watch?v=DxsaqIJypFA Emily Zanotti for the Daily Wire reports, In what can only be truthfully described as a “shocking development,” the Associated Press has issued a fact check on former President Barack Obama’s claim that he “never threatened to shut” down media outlets or “call them enemies of the people.” Read More/Source/Credit/FairUse: https://www.dailywire.com/news/35829/ap-fact-checks-obama-he-doesnt-always-tell-emily-zanotti
https://www.youtube.com/watch?v=q9PtEtS1V2w Chris Agee for the Western Journal reports, As others opted to heed evacuation orders and travel inland to wait out Hurricane Florence, many others along the East Coast opted to hunker down and ride it out. For many retailers in the path of the slow-moving storm, that meant a run on staples including water … Read more
What’s your opinion on HIGH FREQUENCY TRADING? Should be banned? Countless people trade stocks on their own through different platforms. Perhaps their bank website, on online platform, and even some new trading apps. What people don’t realize is that your data is being sold to High Frequency Trading companies in order make considerable profit. Additionally, … Read more
https://www.youtube.com/watch?v=C5sqcZwu0y0 Newt Gingrich: We will see a red wave, not blue in November https://www.youtube.com/watch?v=NB69j…
by howmuch Given the 8-month long crypto bear market, lots of bitcoin naysayers are feeling smug right about now. From JPMorgan CEO Jamie Dimon to CNBC’s Mad Money host Jim Cramerand Nobel economist Robert Shiller, every media personality seems to think bitcoin’s downward trend will continue. There’s plenty of evidence to suggest things will turnaround, but that’s beside the point. Bitcoin … Read more
https://youtu.be/bQa_vY-SPgU https://youtu.be/b7oPm1zwuos https://youtu.be/rTQjpnUxp_I RED ALERT! Typhoon Manghuat to smash into 2 nuclear power plants in China! Many leave in panic! TYPHOON MANGKHUT – the most powerful storm of the year – is expected to directly hit two nuclear power plants later today with shocking 120mph winds, as officials issue a red alert warning. https://www.express.co.uk/news/world/1018412/Typhoon-Mangkhut-Hong-Kong-China-nuclear-plants-red-alert-worst-storm This … Read more
Last week, CNN dropped a full 41 percent in the daytime TV ratings and fell 36 percent in primetime compared to the same week last year. AdWeek reports, “CNN ranked No. 6 across basic cable in total prime time viewers, and No. 5 in total day this past week. Despite the top 10 finishes, the … Read more
by Ruby Henley This is a multi-faceted story, but it comes together to create one large surreal event. I cannot truly give you the answers you will want, but I can put all the pieces of the story on the table. It will be up to you to put them together, or you might never … Read more
by Michael Snyder A major emergency brings out the best in some people, but in others it brings out the absolute worst. Shocking images of “dozens of people” ransacking a Family Dollar store in Wilmington, North Carolina have stunned the nation. This happened in broad daylight, and many of the looters didn’t even seem to … Read more
Here is a short excerpt from a prior RTD Live Talk live-stream that I thought was worth sharing. With all the events happening around the world there has never been more systemic risk to our financial futures than right now. Take heed and learn from the Emerging Market contagion involving nations overwhelmed with to much … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The soothingly low mortgage delinquency rate is a deceptive indicator: the New York Fed weighs in. Mortgage delinquencies at all commercial banks in the US inched down to 3.14% in the second quarter, the lowest since Q2 2007, according to the Federal Reserve. But after those soothingly low delinquency rates in 2007, … Read more
Via PJ Media On Thursday, the Department of Justice (DOJ) announced that nearly half of the state attorneys general would be invited to a September 25 meeting with U.S. Attorney General Jeff Sessions to discuss whether social media companies are violating anti-trust laws. The DOJ announced the meeting last week, following the congressional testimony … Read more
by Jim Quinn You will find more infographics at Statista The biggest economic downturn since the Great Depression has left lasting political and social ripple effects visible in today’s world of growing inequality and rising populism. Trust in banks has yet to rebound to its pre-recession levels 10 years after the Great Recession. Roughly 1 in 5 Americans don’t trust bankinginstitutions. While … Read more
by DCG Not the solution to Chicago’s corruption… If anyone can fix the demorat corruption in Chicago, it’s certainly a Daley 🙂 Bill Daley is the youngest child of former Chicago Mayor Richard Daley (1955 to 1976) and his brother Richard M. Daley is was mayor of Chiraq from 1989 to 2011. His father and brother were part … Read more
The Story of your Enslavement https://www.youtube.com/watch?v=Xbp6umQT58A TED talk on Kindergarten social reconstruction. Jacque Fresco – Transition, Changing People’s Values, Advancing Education Jacque Fresco – What the Future Holds Beyond 2000 – Nichols College (1999) Jacque Fresco – Free Will, Cause, Influence of Background Jacque Fresco … Read more
I’ve been waiting months for some sort of movement on this case and with less than two weeks to go it gets postponed. Whether this is deep state, an honest recusal, or anywhere in-between, it doesn’t make me any more confident that we’ll ever see justice for Democrats defrauding donors out of over $200 million … Read more
The center, which is officially called the R. Lugar Center for Public Health Research, is described as a “brand new facility” tasked with the “prevention of proliferation of technology, pathogens and expertise related to the development of biological weapons” by the National Center for Disease Control and Public Health (NCDC), The leaks include documents related … Read more
Via ZeroHedge When discussing yesterday’s WSJ report that the Trump admin may slap the new, $200BN round of tariffs on Chinese imports as soon as tomorrow, we said that such an escalation would likely derail talks with top Chinese officials, currently scheduled in Washington for Sept. 27 and Sept. 28. Now, in a follow up report, the WSJ … Read more
by bigbear0083 Here is everything you need to know to get you ready for the trading week of September 17th – 21st, 2018. WEEK AHEAD: Stocks could buck September trend and hit new highs – (Source) Stocks may aim for new highs, as soon as the coming week, even though there are some mixed cross currents impacting … Read more
But it will certainly be misapplied and only the largest firms can posssibly micromanage like that and then only with AI: https://tinyurl.com/y8ttlc7y
That didn’t take long – Media attacking Bernier and his supporters (Link to tweet and video below) .@inklessPW take on @MaximeBernier political base. #cdnpoli pic.twitter.com/mstd6dcBtx — Power & Politics (@PnPCBC) September 14, 2018
by mark000 It’s all so bloody predictable. Via the AFR: Selling agents are starting to reveal the truth behind recent listings in Sydney’s west with Belle Property Strathfield’s Jimmy Kang saying up to 50 per cent of his clients were asking him to sell their homes in Sydney’s western suburbs because they can no longer afford … Read more