I’m in Awe of How Fast the Housing Markets in Sydney & Melbourne Are Coming Unglued

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The largest three-months fall “since at least the 80’s”: CoreLogic “Can we still describe this as an orderly slowdown in housing conditions?” mused CoreLogic Asia Pacific’s head of research Tim Lawless about the Australian housing market today. Over the last three months, the index for Sydney dropped 4.5%, and the index for Melbourne … Read more

Bull Trap

by northmantrader The bulls are back. $SPX up nearly 8% in January and nearly 14% off of the December lows. What slowing global growth? What reduced earnings expectations? Trade wars? Who cares. It’ll all sort itself out, all that matters was the Fed caving in spectacular fashion laying the foundation for the big bull case. The central bank 2 … Read more

Did the ECB really end up printing?

by independenttrader The European Central Bank announced recently the end of the currency printing, the so called Quantitative Easing. In addition, according to their announcements the balance sheet of the ECB should start to shrink from 2020. However, we have strong reasons to believe that it is not gonna happen and the central bank will change … Read more

Bi-Partisan Bill To End The Trade War Accuses Trump Of Levying Tariffs ‘Under False Pretenses’

from Zero Hedge The fact that the bottom hasn’t fallen out of the US economy (as many free traders warned that it would) has largely vindicated President Trump’s decision to push ahead with his trade war over objections from Republicans, Democrats and business groups from Silicon Valley to Detroit, to the farm belt (and beyond). But … Read more

FLASHBACK: Is America headed toward a civil war? Sanders, Nielsen incidents show it has already begun.

The other day, author Tom Ricks asked whether we’re heading toward a civil war. “I don’t believe we’re to Kansas of the 1850s yet. But we seem to be lurching … in that direction,” he wrote. Ricks was commenting on “What Democratic rage would look like,” a Bloomberg opinion column that quotes political scientist Thomas Schaller as saying, “I think we’re at the beginning … Read more

“RECESSION IS COMING AND FAST” – Worst German data since 2007 as Retail Sales plunge, Italy enters in a technical recession

Better get ready and fast Macro-Trend Follower. ‏ @macrotrendf Germany retail sales TANKING worst reading since 2007 when the recession hit. @PaulSommerville Germany retail sales fell 4.3% in December. The worst in eleven years. Italy Officially Slides Into Recession. The Fed utterly capitulates on policy. Trading With Hedge ‏@tradewithedge WOW! Retail sales from Germany came … Read more

Trump Drops HARD FACTS On Illegals Democrats Pretend Don’t Exist Says

Jack Davis for the Western Journal reports, President Donald Trump on Sunday said the number of illegal immigrants in America dwarfs any previously published official estimates. https://www.youtube.com/watch?v=RB4Z52wRXQs Read More/Source/Credit/FairUse: https://www.westernjournal.com/trump-says-number-illegals-doubled-since-2015-cites-astronomical-costs/   Troops Headed to Border; Pentagon Tracking 12K Illegal Aliens Heading This Way The approaching horde of illegal aliens who think they’ll cross the U.S.-Mexican … Read more