Month: January 2019

FITTON:BLEW UP Fraud FISA Warrant: In 2018 Judicial Watch Got the Warrants Sowing Fraud, Uncovered FBI Payments to Steele. President needs to declassify more!

by

by TFittonJW Huge: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-obtains-carter-page-fisa-court-documents/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-records-show-dossier-author-deemed-not-suitable-for-use-as-source-show-several-fbi-payments-in-2016/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-justice-department-discloses-no-fisa-court-hearings-held-on-carter-page-warrants/

Trump stated shutdown could last a long

by

He said the shutdown could last a long time. Trump won’t accept anything less than 2.5 B for the Wall. He said more federal dollars are spent in Afghanistan in a month than for the wall. “I mean, we spend in Afghanistan more in one month than what we’re talking about for the wall. Think … Read more

Trump summons congressional leaders to Situation Room for border security meeting

by

Watch the latest video at foxnews.com President Trump plans to hold a highly anticipated border security meeting with congressional leaders in the Situation Room on Wednesday afternoon, Fox News has learned — choosing a setting meant to underscore the urgency of the border problem. A source familiar with the details confirmed the choice of the White … Read more

Try to be a little kinder: The hypocrisy of the left on display on Ivanka’s Instagram

by

by DCG I was looking through Ivanka’s Instagram account the other day and found a little bit of leftist hypocrisy (shocker, I know). Ivanka posted a picture of her son watching a band play amongst holiday decorations with the following description: “Holiday cheer at the White House.” A proggie by the name of @juliekimhoffman (whose account is private) replied in … Read more

TOO EXPENSIVE

by

  Via Townhall Nancy Pelosi’s first move as Speaker will a public stand on saving Obamacare by intervening in court case where judge struck it down as unconstitutional The push is included in House rules package for new Congress Authorizes speaker to intervene in Texas v. United States Case led to a federal judge in Texas … Read more

Apple guidance revised downward. Q1 Expected Revenue $84B est. vs. $91.3B est. Stock Halted. This is not a drill.

by

via businesswire: CUPERTINO, Calif.–(BUSINESS WIRE)–Apple® today issued the following public letter to investors: To Apple investors: Today we are revising our guidance for Apple’s fiscal 2019 first quarter, which ended on December 29. We now expect the following: Revenue of approximately $84 billion Gross margin of approximately 38 percent Operating expenses of approximately $8.7 billion … Read more

BANG! It’s 2019 & Then This Happens…We WILL Be Heading Into EXTREMELY Turbulent Territory

by

For More Information See: https://www.axios.com/donald-trump-fe… https://thehill.com/opinion/white-hou…   Investigations by special counsel Robert Mueller: Russian government’s election attack (the Internet Research Agency and GRU indictments) WikiLeaks Middle Eastern influence: Potentially the biggest unseen aspect of Mueller’s investigation is his year-long pursuit of Middle Eastern influence targeting the Trump campaign. Paul Manafort’s activity Trump Tower Moscow project Other campaign and … Read more

What Will the Next Financial Crisis Look Like?

by

via Daniel Lacalle: With the 10th anniversary of the Lehman Brothers bankruptcy having just passed and the recent stock market drop, the fear of a new financial crisis is palpable. And those fears are justified. The question is not whether there will be a crisis, but when? In the past 50 years, we have seen more … Read more

Housing Bust in Sydney & Melbourne Gains Momentum

by

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But the central bank has kept interest rates at record lows! The relentlessness of the housing busts in the regions of Sydney and Melbourne – they account for about 55% of Australia’s housing stock by value – is quite something. At some point, it seems, the price declines would slow down … Read more

Powell May Mark the Beginning of an Independent Fed

by

BY JOHN MAULDIN The mainstream media is packed with criticism of Jerome Powell’s press conference. The market didn’t like what it heard and immediately tanked. People called him tone deaf for not listening to the market. What was Powell thinking? There were many accusations that Powell fumbled the ball, not telling the market what it wanted … Read more

5 places America should avoid going to war

by

From the National Interest: 2018 was a year of breakthrough diplomacy and proxy warfare, Trumpian chaos and unexpected U.S. military drawdowns. An American president and a North Korean dictator shook hands for the very first time since the Korean Peninsula was divided into two nations. American pilots released more munitions in Afghanistan this year than at any other … Read more

2019: Japanification / LBO’ing of world economies & mkts continues; asset bubbles bursting; debt replacing organic growth.

by

via @MI_Investments: Q/T stopped forcing C/B’s to explain $20T bal sheets not temporary. US deficits $1T–>$2T. Debt crises erupt + spread globally. #DebtMatters #Vol #TradersMkt Strong economy, Jay Powell? Or an economy on IV infusions of debt just to maintain 2% growth? Global debt-to-GDP is 275%. Each 100% portion of the 275% total would cost … Read more

WSJ: With Corporate Debt at Record Levels, the Economy Better Keep Roaring…or Else

by

Corporate Debt Is Reaching Record Levels “U.S. corporate debt has climbed to roughly 46% of GDP, the highest level on record. Observers worry that highly leveraged companies could pose a threat to the global economy, especially if growth slows and rates continue to rise.” Global Manufacturing #PMI down to 27-month low of 51.5 in December, … Read more

Chief Trump China Tariff Negotiator Lighthizer: More Tariffs May Be Needed

by

via CNBC: Robert Lighthizer has reportedly told friends and associates he is intent on preventing Trump from accepting “empty promises” like temporary increases in soybean purchases. In order to avoid this, the U.S. may have to slap tariffs on more Chinese goods, Lighthizer has said, according to The New York Times. U.S. Trade Representative Robert … Read more

Mises: “Boom-Bust Cycles and Easy Money”

by

via mises.org: Only a few months ago most economic commentators were sanguine about prospects for the US economy. Most of them did not expect an imminent downturn. Now all that has changed with most experts expecting the economy to enter a downward phase of the economic cycle by 2019. According to experts, the key factor behind … Read more

Market Volatility Designed from the Top Down

by

A stock market roller coaster on par with that of a decade ago is back, and essentially for the same reasons. No, not just economic fundamentals involving back-breaking debt, corporate profligacies and geopolitical risks, but because said volatility and the asset destruction-slash-consolidation that results are in part due to much longer-term design. This latest design … Read more

China’s Xi says Taiwan reunification ‘inevitable’

by

Taiwan’s unification with the mainland is “inevitable”, President Xi Jinping said Wednesday, warning against any effort to promote the island’s independence and saying China would not renounce the option of military force to bring it into the fold. https://www.msn.com/en-gb/news/world/chinas-xi-says-taiwan-reunification-inevitable/ar-BBRHnfy?li=BBoPWjQ&ocid=mailsignout “China must and will be united… which is an inevitable requirement for the great rejuvenation of … Read more

Jack Bogle, founder of index fund giant Vanguard Group, is warning investors to prepare for 2019 by decreasing exposure to stocks…

by

Jack Bogle, founder of index fund giant Vanguard Group, is warning investors to prepare for 2019 by decreasing exposure to stocks and increasing investment in defensive strategies, such as fixed income securities like bonds. “Trees don’t grow to the sky, and I see clouds on the horizon. I don’t know if and when they’ll arrive. … Read more

Einhorn’s Greenlight Extends Decline to 34% in Worst Year

by

https://www.bloomberg.com/news/articles/2019-01-01/einhorn-s-greenlight-extends-drop-to-34-in-worst-year-on-record David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital. The firm’s main hedge fund fell 9 percent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg. Greenlight posted some of the industry’s best returns in its early years, but … Read more