‘USE IT OR LOSE IT’ BUDGET; Federal spending spree… Lobster tail, CrossFit equipment, musical instruments… MORE

Feds splurge on lobster, pianos, golf carts in race to spend ‘use it or lose it’ budget It turns out September, not April, may be federal taxpayers’ worst nightmare. The end of the government’s fiscal year usually brings an orgy of spending as agencies look at their budgets, see extra cash lying around, and figure … Read more

Elliott Wave Technician: What Really Matters Is How Gold Closes Out The Week

by Captain Ewave of CaptainEwave Captain Ewave Gold, Silver, & SP500: Wave Counts Update Email: admin@captainewave.com   Website: http://www.captainewave.com   March 6, 2019 GOLD: Short Term Update:   It looks like all of wave !iii! is complete at the 1349.80 high and we are falling in wave !iv!. We need to be on guard for the completion of wave !iv! and the start … Read more

Visualizing the Search Patterns of Investors

via visualcapitalist: When investors need to quench their thirst for the latest news or knowledge, they turn to the all-knowing power of Google. Whether it is something as simple as searching for “S&P 500 today” or it’s more of an information-finding mission to discover the “Best Dividend Paying Mutual Fund”, search data provides an interesting lens … Read more

Tesla Falls from Grace with Americans, Facebook Plunges to the Ignominious Level of Goldman, Wells Fargo, Sears

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But the US government got them all beat. Tesla and its CEO Elon Musk had a magic touch when it came to marketing. Walking on water was just a low-level activity. Tesla was able to create enormous pent-up demand for its Model 3, long before it ever entered much delayed production, … Read more

US Dollar Jumps to 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The real worry is the economy in the Eurozone. The Dollar Index (DXY), which tracks the dollar against the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc, and which is dominated by the euro, jumped 0.83% to 97.72 at the moment, passing its 52-week high, as the euro … Read more

QE – Then, Now, & Why It May Not Work Again

Authored by Lance Roberts via RealInvestmentAdvice.com, Since the beginning of the year, the market has rallied sharply. That rally has been fueled by commentary from both the Trump Administration and the Federal Reserve of the removal of obstacles which plagued stocks in 2018. The chart below is an abbreviated, and a bit sarcastic, version of … Read more

“This Is Bad” – European Banks Tumble As ECB Unveils Massive Monetary Easing

from Zero Hedge Something odd is taking place in the market today: the world’s biggest central bank – whose balance sheet is 40.5% of Europe’s GDP – unveiled massive monetary easing in the form of new carry-trade facilitating bank loans and an extended NIRP period and… stocks tumbled, a reaction which the market has rarely even seen before … Read more

Alexandria Ocasio-Cortez Gets Humiliated By Her Own Witness Over Trump’s Border Wall Emergency

https://www.youtube.com/watch?v=SKKzcgv3_QY Alexandria Ocasio-Cortez Gets Humiliated By Her Own Witness Over Trump’s Border Wall Emergency today during oversight hearing and oversight committee and oversight and reform committee Alexandria Ocasio-Cortez asked democrat witness about border wall and border emergency facts and got a dose full of facts this is latest news and breaking news in current events … Read more

Why Is Tesla Cutting More Jobs?

Here’s today’s articles mentioned in this news update: 1. Elon Musk wasn’t wrong about automating the Model 3 assembly line — he was just ahead of his time https://techcrunch.com/2019/03/05/elo… 2. Tesla cutting more jobs at Fremont factory https://www.mercurynews.com/2019/03/0…    

You’re NOW CLINICALLY a CRIMINAL If You Don’t Believe MSM & Government

https://www.youtube.com/watch?v=GoHI1_t-d2k This is really nothing to take lightly. There are many who will take this “study” seriously. MSM will lean on it like a crutch, Social Media Giants can leverage this to ban even MORE people from their platforms (in an effort to “reduce crime”) and governments can use it as a justification to intrude … Read more

Justice Department Stalls Another Class Action In Gold Market Rigging, This Time Against JPM

by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Proceedings in the federal class-action anti-trust lawsuit against JPMorganChase charging the investment bank with manipulating the gold and silver futures markets — http://www.gata.org/node/18844 — have been suspended for three months at the request of the U.S. Justice Department, just as the department has … Read more

Missed It By *THAT* Much…

by Adam Taggart Well, it proved a nail-biter to the very end; but the S&P did indeed close BELOW its 200 DMA. Though, in the last few minutes of trading, it looked like the rescue attempts would succeed. But they just couldn’t quite muster enough oomph to get things back to the critical purple line: What … Read more

Dan Bongino: The Dems 2020 Platform: Infanticide – Anti-Semitism – $93 Trillion in Green New Deal Spending – 70-90% Marginal Tax Rates – Gun confiscation – Open Borders – Government controlled healthcare

by KrakNup So Communism. Dan Bongino: The Democrats Double Down on Stupid Democrats are stupid. Got it?   Bill Still: MSM TV Nets Hide Dems’ Vote For Infanticide – Dems Looking more evil by the minute! Skip to 54 seconds to see the report    

How The Buffett Yardstick Shows Both ‘Sky-High’ Stock Market Valuations And Investor Sentiment

by The Felder Report The following post was based on an excerpt from a recent report published in The Felder Report PRO. Warren Buffett recently said wrote, “Prices are sky-high for businesses possessing decent long-term prospects.” And I wouldn’t be surprised if he was looking at the whole of Corporate America when he wrote it. According to … Read more

Global trade decelerates…

by WARREN MOSLER Downward revisions for q4 GDP. And not how both imports and exports are down for the last 6 months or so as global trade decelerates: Highlights Revision estimates for fourth-quarter GDP will be coming down following an unexpectedly deep $59.8 billion trade deficit in December. Not helping the quarterly deficit are downward … Read more

Jim Jordan Finds Out We Seize More Drugs Outside Ports Of Entry Than At Ports Of Entry

https://www.youtube.com/watch?v=zzmk5c5zEcQ Jim Jordan Finds Out We Seize More Drugs Outside Ports Of Entry Than At Ports Of Entry today during oversight hearing and oversight committee and oversight and reform committee jim jordan showed every democrat why their is a national emergency going on right now and got all democrat witnesses to admit that their is … Read more

Walmart Will Crush Amazon

By Robert Ross Last week, Amazon announced that it would launch its own grocery chain. This is Amazon’s second big leap into groceries. In 2017, the company bought grocery chain Whole Foods for $13.7 billion. All of this prompted a number of speculations about Amazon’s move into “offline” retail. While Whole Foods gave Amazon access … Read more