Month: January 2019

Darkening Outlook For Global Economy Threatens Crude

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By Nick Cunningham “The outlook for the global economy in 2019 has darkened.” That conclusion came from a new report from the World Bank, citing a variety of data, including softening international trade and investment, ongoing trade tensions, and financial turmoil in emerging markets over the past year. “Storm clouds are brewing for the global economy,” the World … Read more

Pentagon Says That The American Military Logistical System Is Not Prepared For War With Either China Or Russia Should Hostilities Break Out

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by Geoffrey Grider The strategic American military system for moving troops, weapons, and supplies over long distances has decayed significantly and needs rapid upgrading to be ready for any future war with China or Russia, according to a report by the Pentagon’s Defense Science Board. When Barack Obama stepped down as commander-in-chief of the United States … Read more

Tucker Carlson Torches ‘The View’ with Scathing Fact Check

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Bryan Chai for the Conservative Tribune reports, Tucker Carlson has never had a problem speaking what’s on his mind and he’s unapologetic about that fact. “The View” has proven itself to be a cesspool of screeching and mean-spirited ladies masquerading as daytime television. https://www.youtube.com/watch?v=uM9XownwoTQ Read More/Source/Credit/FairUse: https://www.westernjournal.com/ct/tuc… Tucker Carlson has never had a problem speaking what’s … Read more

Wow – Seattle News Room Intentionally Manipulated Video of President Trump for Broadcast…

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by sundance A statement from Fox affiliate Q13 in Seattle appears to confirm that a news video editor intentionally manipulated video feed from the public address of President Trump. “In a statement, Q13 noted that the video editor responsible has been placed on leave pending an internal investigation.”  A side-by-side comparison shows the manipulation by the newsroom: “We … Read more

Rally in Stocks Takes Heat Off Fed, Now They Talk Rate Hikes Again, Market Expectation of a Rate Hike Spikes

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But all bets are off if something big breaks. Since the low point on Christmas Eve, the S&P 500 has rallied 9.9%, nearly half of which on December 26. This was helped along by the word “patient,” used by Fed Chairman Jerome Powell, other Fed governors, and the FOMC minutes. The effect: … Read more

The Recession Will Be Unevenly Distributed

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by Charles Hugh-Smith Those households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper. The coming recession will be unevenly distributed, meaning that it will devastate many while leaving others relatively untouched. A few will actually do better in the recession than … Read more

78 Percent Of Americans Are Living Paycheck To Paycheck – Including Many Government Workers Affected By The Shutdown

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by Michael Snyder In just a few days, this will officially be the longest government shutdown in U.S. history, and there is no end in sight.  President Trump is pledging that he will not sign any spending bill unless it includes funding for a border wall, and the Democrats are promising their supporters that they … Read more

2019 OUTLOOK: playing three-dimensional chess in a dumbed-down world

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by John Ward Specialised Wonkism is getting in the way of Renaissance thinking ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ And now, here is the news…. A recent poll showed that a majority of Tory activists (and an overwhelming majority of  Brexiteer voters across the board) would far rather leave the EU with No Deal than the May Deal. As I suggested earlier … Read more

Computer models to investors: Short everything (WSJ)

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Trend-following algorithms turn bearish at swiftest pace since 2008 as machines steer more trades. From the Wall Street Journal: Investors have started to shake off last year’s steep losses, helping markets regain some ground in 2019. But the robots are still almost uniformly bearish. Trend-following investment strategies—a computer-based way of trading that has become a major … Read more

Bumpy Road Ahead – Prepare for Shocks

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by Jesse I get the definite sense from the tape of the SP 500 futures trading that stocks are being slowly and carefully ‘walked higher’ from the recent lows. This could be effective as long as the markets remain relatively quiet and no exogenous macro events intrude. So from the bearish standpoint, now is a … Read more

World Bank Downgrades Global Growth Expectations Again

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via CNN: Washington (CNN Business)The World Bank has been warning of a worldwide economic slowdown for a while now, but its projections just took a turn for the worse. In a 200-page report issued Tuesday, the international financial institution laid out evidence that emerging markets have been stagnating, as trade has contracted and financing conditions … Read more

Poverty getting much worse in America since 2008 – Consumer debt has risen almost 50 percent. The % of families with more debt than savings is higher now than at any time since 1962.

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The Evidence Pours In: Poverty Getting Much Worse in America Poverty—and the stress of being poor—is killing people every single day A White House report recently proclaimed that the “War on Poverty is largely over and a success.” United Nations Ambassador Nikki Haley said it was “ridiculous for the United Nations to examine poverty in America.” Well-positioned Americans must … Read more

CDX NA IG could be starting to bottom – this is bad for the stock market

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CDX NA IG could be starting to bottom – this is bad for the stock market pic.twitter.com/H2EwZbr1I2 — Alastair (@StockBoardAsset) January 9, 2019 CDX NA IG (inv.) versus $SPX pic.twitter.com/Qo92OOgLIY — Alastair (@StockBoardAsset) January 9, 2019 CFOs around the world are freaking out, while Trump continues to call the economy strong. pic.twitter.com/GKEvofwL8a — Alastair (@StockBoardAsset) … Read more

The 10 Orders That Oathkeepers Will Not Obey

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by SP DECLARATION OF ORDERS WE WILL NOT OBEY 1. We will NOT obey any order to disarm the American people. 2. We will NOT obey any order to conduct warrantless searches of the American people, their homes, vehicles, papers, or effects – such as warrantless house-to house searches for weapons or persons. 3. We … Read more

Trump – Republicans Are United On Shutdown Over The Wall… Democrats Don’t Want to Be in This Battle… ‘If Chuck & Nancy Don’t Agree On The Wall I May Declare A National Emergency

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https://www.youtube.com/watch?v=aMxY4YN52bA “Republicans Are United On Shutdown Over The Wall” Trump SLAMS Reporter Tells Her She’s Fake News trump today met with reporters after meeting with republicans and discussed chuck schumer and nancy pelosi and said that he would wait to see if he can make a deal to re open government or just declare a … Read more

S&P 500 Testing Historical Kiss Of Resistance

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by Kimble Charting In February of 2018, the S&P created a low, which was tested again as support a couple of months later. These two lows became the lows of a new trading range that was forming, with support at (1). Weakness in December saw support line (1) break, which was a negative for the broad market. The … Read more