U.S. government shutdown about to become longest on record from CNBC. via CNBC: It will only take another two weeks for the shutdown to cost the economy more than $6 billion, according to S&P Global Ratings. The partial government shutdown enters its 21st day Friday, tying the record for longest lapse in federal funding. If … Read more
There is only so much gov't & fed can do to prop stocks, at some point, the market will figure out the global economy continues to implode. pic.twitter.com/uKrfk6pwhr — Alastair (@StockBoardAsset) January 11, 2019 https://twitter.com/GreekFire23/status/1083843957539393536 The big declines in the industrial production data for Germany, France, Italy, Spain and the UK raises the specter of … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In fact, QE started reversing at the end of 2014. The Fed’s balance sheet would be “substantially smaller” after the Fed gets done with its QE unwind, Fed Chairman Jerome Powell said on Thursday. How far the Fed might go in shedding assets is a red-hot topic right now that causes … Read more
by Dr. Eowyn “Outside of war and peace, of course, the most important decision you make is the selection of a Supreme Court judge, if you get it,” President Trump said last summer. January 9 was the third consecutive day of work that Supreme Court justice Ruth Bader Ginsburg, 85, missed after her December 21 surgery to … Read more
Via News.com Earth’s magnetic field is what allows us to exist. It deflects harmful radiation. It keeps our water and atmosphere in place. But now it’s acting up — and nobody knows why. Planet Earth is alive. Deep beneath its skin, its life blood — rivers of molten iron — pulse around its core. And … Read more
From Bloomberg: Ben Bernanke got a big laugh from economists in Atlanta on Jan. 4. A few minutes after Janet Yellen said, “I don’t think expansions just die of old age,” he replied, “I like to say they get murdered.” All right, not that funny. But the nerdy repartee between the past two Federal Reserve chairs … Read more
The bank cites “a sharp deterioration in risk sentiment following soft macroeconomic data in December and renewed concerns about the future direction of growth.” From CNBC: Goldman Sachs has found the safe haven gold more attractive after a volatile December. The bank on Thursday raised its gold forecasts to $1,325, $1,375 and $1,425 per troy ounce … Read more
by Jim Quinn Who could have predicted this result? Oh yeah, me. 30 BLOCKS OF DOG SHIT & SUGAR TAXES PHILLY SODA TAX WILL BE A TOTAL FAILURE Via Marketwatch Nearly two years on, the verdict is in on Philadelphia’s “soda tax.” And it isn’t good. The tax, justified as a kind of “sin … Read more
Via Think Advisor The ex-fund manager tells ThinkAdvisor why a recession could occur in 2019 and why he left the market. The plummeting stock market is merely a prelude to the calamitous upheaval to come, legendary investor Robert Rodriguez tells ThinkAdvisor in an interview. The former CEO of First Pacific Advisors for 25 years has … Read more
Via The Deplorable Climate Science Blog The Arctic sea ice scam began to rapidly unravel last March, when all records for Arctic sea ice volume gain were blown away. Spreadsheet Data So far this month, ice volume gain has also been a record high. And January 9 Arctic sea ice volume has been increasing for over … Read more
via CNSNews: The National Institutes of Health will not decide whether to continue its long-term multimillion-dollar contract with the University of California, San Francisco to make “humanized mice” with organs taken from aborted babies until after it has completed its ongoing audit of all HHS-funded fetal tissue acquisitions and a comprehensive review of HHS-funded fetal tissue … Read more
Some people are just blind to reality. There are extremely evil people in this world that want you dead. AC
by Kimble Charting Could Presidents Trump’s election rally be in trouble? We could find out very soon, says Joe Friday This chart looks at the S&P 500 and the VIX index over the past few years. We applied Fibonacci to the price when President Trump was elected and the 2018 highs. The decline from the September … Read more
Josh Sigurdson talks with Daniel Ameduri of Future Money Trends about the coming everything bubble as we see a massive pension shortfall, banks falling, housing bubbles, derivatives bubbles, student loan bubbles, currency swapping, etc. Daniel notes that he doesn’t think people will be uniformly switching from the US dollar any time soon, but that eventually … Read more
For More Information See: https://www.activistpost.com/2019/01/… https://www.federalregister.gov/docum… https://makeawebsitehub.com/social-me…
Jim Hoft for the Gateway Pundit reports, THIS HAD TO HURT– Liberal media jackass Jim Acosta blurted out insults at Kellyanne Conway on Tuesday in a presser before President Trump’s address to the nation. https://www.youtube.com/watch?v=qRxerwE0xB4 Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019… CNN’s Jim Acosta: “Kellyanne, can you promise the president will tell the truth tonight?” Kellyanne Conway: “Yes, Jim. … Read more
A hostile action on #Syria is highly expected. https://twitter.com/SyrainMC/status/1083764308562100225 More than 4 IAF fighter jets over SouthLebanon according to Intel https://twitter.com/Intel_sky/status/1083748417694769152 stand by … w-end in the meantime… just in Various Gaza factions including the Popular Resistance Committees call for revenge for the death of 43 year old Amal Tramis, the third woman to be … Read more
From Quartz: Donald Trump’s threat to declare a national emergency at the US border with Mexico is being taken so seriously inside Congress that a powerful committee is preparing a bipartisan challenge to the move. The Democrat-led House Armed Services Committee, which oversees funding and operations of the Defense Department, has been united across party lines … Read more
Scientists seeking to bring the fusion reaction that powers the sun and stars to Earth must keep the superhot plasma free from disruptions. Now researchers at the U.S. Department of Energy’s (DOE) Princeton Plasma Physics Laboratory (PPPL) have discovered a process that can help to control the disruptions thought to be most dangerous. Replicating fusion, … Read more
by DCG The mantra of every elite socialist and ill-informed, government-educated proggie. From NY Post: Burnishing his progressive credentials, Mayor Bill de Blasio portrayed himself as a protector of the working class on Thursday — while proposing a redistribution of wealth — in his sixth State of the City address. “Brothers and sisters, there’s plenty of money in … Read more
by Simon Black Last week I decided to use my tax savings to pay the rent for US government workers affected by the shut down. Emails keep coming in from furloughed federal employees having a tough time. And money keeps going out. As I’ve been highlighting over the past week, the government shutdown affects many more people than the … Read more
by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) The Federal Reserve may have driven itself into a dead end of a one-and-done interest rate hike in Dec. 2018, and they are holding their noses (see Porky Pig) over the stench of a 20% correction in the stock market. U.S. economic data metrics are deteriorating across the board … Read more
Via Dana Lyons’ Tumblr, The following is a complementary look at some of the evidence behind our recommendation to TLS members to trim some of their recently added long exposure. The so-called “risk-on” move in stocks continues, with the market building on gains made since we issued our “once a decade” short-term buying opportunity a … Read more
by Geoffrey Grider Germany’s defense minister Ursula von der Leyen has revealed a controversial European joint army is “already taking shape”- thanks to her French allies. The Bible is very clear, the last empire that will exist on this earth before Jesus arrives with His Church on horseback at the Second Coming, will be the Revived Roman Empire under the … Read more
via usatoday: A bill introduced in Congress this week that seeks to regulate marijuana like alcohol has been numbered “H.R. 420,” a name the bill’s sponsor has called a “tongue-in-cheek” reference to cannabis. A press release from U.S. Rep. Earl Blumenauer — a Democrat from Oregon who is the founder and co-chair of the Congressional Cannabis … Read more