Pimco: Now Is The Time To Start Selling

via Zerohedge: One look at the recent collapse in the VIX, which has tumbled to levels seen just before the S&P hit its all time high in Sept, and investors may be left with the impression that there is nothing but smooth sailing ahead. And, at least for the universe of vol-targeting systematic funds, many … Read more

Visualize the World’s Funding for the United Nations

by howmuch President Trump likes to argue that other countries should pay more to fund international groups like NATO and the United Nations. He frequently criticizes globalism and advocates for his “America First” foreign policy agenda. Among other things, this has meant decreasing the money the U.S. spends for on the UN. We decided to dig beneath the headlines … Read more

Famous Director Questions Qualifications For The Oscars

ABC7 Eyewitness News reports, Should movies primarily produced for streaming services be considered for Hollywood’s biggest film awards? It’s a debate that has been waged for years, and famed director Steven Spielberg has made it clear where he falls. https://www.youtube.com/watch?v=On90n97-FAM Read More/Source/Credit/FairUse: https://abc7chicago.com/entertainment…      

The “There Is No Recession In Sight” Chartbook

by Lance Roberts Yesterday, Michael Lebowitz wrote an interesting piece discussing the “yield curve” and the message it is sending. To wit: “Recently, Wall Street and the Financial Media have brought much attention to the flattening and possible inversion of the U.S. Treasury yield curve. Given the fact that an inversion of the 2s/10s Treasury yield curve … Read more

Warning: Complacency

by northmantrader I see the world is fearless again. The higher we go the more bullish people become. The same people that were bullish (and wrong) last year are bullish again and as prices rise relentlessly everybody is a genius again. Central banks don’t filter into the analysis otherwise one would have to admit that that’s … Read more

Schiff: QE is Officially Debt Monetization

YouTube/PeterSchiff, Released on 2/20/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street … Read more

FEC Ignores Hillary Clinton’s $84 Million Campaign Finance Scandal

via realclearpolicy: One year and two months. That’s how long it’s been since a formal complaint was filed with the Federal Election Commission (FEC), alleging Hillary Clinton’s 2016 campaign orchestrated an $84 million campaign finance scandal — the largest in U.S. history. Yet the FEC has done nothing to hold the Clinton campaign, dozens of Democratic officials, and hundreds of … Read more

Food Prices Will Rise In 2019 Adversely Impacting Those Living Paycheck To Paycheck

by Mac Slavo of SHTFplan Almost 80% of Americans live paycheck to paycheck barely able to afford to put food on the table.  That’s terrible news considering the predictions currently assume that grocery prices will steadily continue to rise during 2019. Grocery prices are expected to rise by 1 percent or 2 percent this year, according to the … Read more

CBS’ Lara Logan Breaks HER SILENCE On The Evilness OF Media

Amanda Prestigiacomo from The Daily Wire reports, Emmy Award-winning journalist Lara Logan talked about the mainstream media’s left-wing bias in a podcast called “Mike Drop,” hosted by retired Navy SEAL Mike Ritland. https://www.youtube.com/watch?v=wOOsvlUZhAE Read More/Source/Credit/FairUse: https://www.dailywire.com/news/43610/…      

Jussie Smollett arrest: Chicago police hold press conference – In case you missed it

“Empire” actor Jussie Smollett was in police custody in Chicago Thursday morning after turning himself in overnight. Police Superintendent Eddie Johnson and other officials were expected to brief reporters on the Smollett investigation at 10 a.m. ET. Viewers can watch the press conference in the player above. Smollett has been accused of faking a hate … Read more

Euro area PMI, Japan pmi, Misc. global headlines

by WARREN MOSLER Tariff man, aka Agent Orange, doing a number on global economies… Just went negative: Services moved up some but the trend still looks down: Japan appearing to be collapsing as well: And these recent headlines: Argentina Leading Economic Index The economy of Argentina shrank 0.1 percent month-over-month in January 2019, following a … Read more

IT’S DUMB TO HAVE NO GOLD AMID ALL OF THIS

By Jared Dillian The Green New Deal is silly and not worth our attention. It implies we can have anything we want if the Federal Reserve extends credit. Let me blow your hair back for a second. The two biggest US stock market rallies (in the 1920s and in 1990) occurred when the budget deficit was … Read more

Alexandria Ocasio-Cortez for President?

by Martin Armstrong Alexandria Ocasio-Cortez is being affectionately called “AOC” and is the youngest member of the House. She has been garnering media attention for months since knocking off a veteran Democratic lawmaker in the 2018 primary. There have been people proposing that she should run for president in 2024. The 29-year-old can’t run in … Read more

The Pension Crisis is Starting to Explode

by Martin Armstrong At the current federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year, yields an annual income of only $15,080. This is below the annual poverty line. It also reflects something that most people are unaware of — in Illinois, there are more than 19,000 retired teachers who get OVER $100,000 … Read more