Housing looks terrible

via @GS_CapSF: Housing looks like shit. Permits, starts, housing under construction all declining YoY. The weather related snap back lasted one month. Builders not breaking ground even after permitted show lacks of confidence in ability to sell. Number of sales falling off a cliff. #housing Construction as a percentage of GDP isn’t huge but has a … Read more

2017 vs. 2018 federal income tax calculations. Tax (solid line) and effective tax rate (dotted line) vs. AGI.

by chargePerSecond   To get a sense of the trend as one increases in tax brackets, I took one common tax situation (married, filing jointly) and plotted federal income tax vs. adjusted gross income (AGI). I also plotted the effective tax rate vs. AGI (dotted lines, right y-axis) which is simply the total tax divided … Read more

Forbes: The World Economy Is A Pyramid Scheme

via forbes: The world economy is based on ever-increasing population, said Nobel laureate Steven Chu, a scheme that economists don’t talk about and that governments won’t face, a scheme that makes sustainability impossible and that is likely to eventually fail. “The world needs a new model of how to generate a rising standard of living that’s not … Read more

Not just South Korea slowing, more bad trade data from Taiwan… The Baltic Dry Index is down 38% year to date.

Not just South Korea slowing, more bad trade data from Taiwan pic.twitter.com/L4wRxzTIAu — Alastair (@StockBoardAsset) April 22, 2019 https://twitter.com/StockBoardAsset/status/112011661304 South Korean exports slumped further this month, according to preliminary data, led by a drop in shipments of computer chips. pic.twitter.com/h7eAeB1nCO — Alastair (@StockBoardAsset) April 22, 2019 The world economies are slowing. Here’s the proof. The … Read more

Interesting comments by Larry Fink before stock market turning points

Interesting comments by Larry Fink before stock market turning points pic.twitter.com/1bB8yUCQ0E — Alastair (@StockBoardAsset) April 16, 2019 real estate tends to turn first pic.twitter.com/HRGtqUoT8g — Alastair (@StockBoardAsset) April 22, 2019 Bullish https://t.co/BpmgZOLWMv — mcm-ct.com (@mcm_ct) April 22, 2019 Top line revenue growth tied to nominal GDP trends@OxfordEconomics @SoberLook pic.twitter.com/Op7Y7UeaSZ — Liz Ann Sonders (@LizAnnSonders) April … Read more

Auto Sales Aren’t Nearly As Strong As Reported

by Lance Roberts Steve Goldstein recently reported for MarketWatch that closely watched auto sales were leading economists to be more confident in their economic outlook for the rest of the year. To wit: “Motor vehicle sales reached a seasonally adjusted annual rate of 17.45 million in March, up from 16.57 million in February, according to data from Autodata. That’s … Read more

Want To Earn A Safe 5% In Fixed Income? Buy Preferred Stocks

By Robert Ross Chances are you’re overlooking an entire class of safe, high-yield stocks… These stocks have dividend yields averaging 5.7%. Yet very few retail investors own them. That’s a shame. It means you’re probably leaving a lot of (predictable) money on the table—a thought income investors should cringe at. If you haven’t figured it out already, … Read more

OUT OF CONTROL:Debt Is Outpacing Economic Growth! Who Is To Blame–Trump Or The FED? C. Martenson

TOPICS IN THIS INTERVIEW: 02:20 Prepping for a crash, Trump’s CRACKDOWN on the FED 07:00 Debt growing faster than the economy 15:00 Connections between the FED and politics 22:10 Wealth transfer from baby boomers to Millennials – is all as it seems? 26:55 Gold investors frustrated, drained and out of hope 33:15 What is the … Read more

Are journalists covering Yellow Vest protests being targeted? 2 reporters arrested during riots

https://www.youtube.com/watch?v=80EY1vNOwdA Journalist organisations have condemned French police after 2 reporters were detained on Saturday – during the 23rd consecutive weekend of the Yellow Vest protests. ‘There’s a question emerging: is there a determination to intimidate journalists? We have an impression some of them are being targeted’ – Vincent Lanier, The National Union of Journalists ‘Since … Read more

Hillary Clinton and Barack Obama are traitors who colluded against the president

via DillyKally   To reiterate. Hillary Clinton and Barack Obama are traitors Hillary Clinton literally paid Russia for fake dossier that she used to rig the election https://outline.com/CxTKqW Russia reviewed and bought Pro Hillary Clinton ads on Facebook in order to help her https://outline.com/vJxhqN Russia organized multiple anti Trump protest. Some of which were attended by … Read more

Mueller Team Gave Democrats Tens of Thousands in Donations. Trump Brings Up Conflicts of Interest… Crazed Leftists Still Want to Impeach Trump

Giuliani: Mueller had conflilcts of interest https://www.youtube.com/watch?v=diy-x… Comey And McCabe Should Be Charged With… https://thefederalist.com/2019/04/12/…   With zero cause: http://archive.is/2YxCS https://www.youtube.com/watch?v=CBbWVMOrnus Collin Rugg from I Love My Freedom reports, Now that the full redacted Mueller Report is out, the media has entered an all out conspiracy theory mode as they are trying to push the … Read more

Is Denmark Socialist?

Socialism has failed across the world – from the Soviet Union and Eastern Europe to China, Vietnam, North Korea and, most recently, Venezuela. So now the left references countries like Denmark as “proof” that socialism works. Otto Brons-Petersen explains why they’re wrong: Denmark is just as capitalist as the United States.  

How Banks Create Money Out Of Thin Air (Or, Where Does Money Come From?)

by Dave Kranzler of Investment Research Dynamics “The credit creation theory was something I intuitively grasped before from other alt-media sites, John nailed it down.” – Comment from someone who watched the podcast below The “money supply” number as provided by official Federal Reserve statistics, it turns out, is not the true money supply. The fractional banking system allows … Read more

The Perfect Storm That Could Drive Oil Even Higher

By Tsvetana Paraskova After rallying more than 30 percent year to date, oil prices could be set for a further upside in coming weeks as a combination of near-term bullish supply-side factors could push prices higher than current levels. Over the next few weeks, several critical geopolitical events could set the trend for even higher … Read more

Warren unveils $640 billion college debt forgiveness plan

Democrat Elizabeth Warren is proposing the elimination of existing student loan debt for millions of Americans, part of a sweeping set of education funding proposals announced as she and other presidential candidates seek to differentiate themselves in a sprawling field. The Massachusetts senator says the proposal unveiled Monday would eliminate almost all student loan debt … Read more

But The DNC-MSM Assured Me That His Administration Was Scandal-Free….

Obama’s Campaign Paid $972,000 To Law Firm That Secretly Paid Fusion GPS In 2016. Since April of 2016, Obama’s campaign organization has paid nearly a million dollars to the law firm that funneled money to Fusion GPS to compile a dossier of unverified allegations against Donald Trump. Former president Barack Obama’s official campaign organization has … Read more

UK ranks below Jamaica, Latvia and Ghana for press freedom, global study finds

The UK remains one of the worst counties in western Europe for freedom of the press, according to the latest report by Reporters Without Borders (RSF). Ranked 33rd in the list of 180 countries, Britain was placed behind Jamaica, Surinam, Ghana, Namibia, South Africa, Latvia and Lichtenstein in the advocacy group’s 2019 World Press Freedom Index. Foreign secretary Jeremy … Read more

OIL SPIKES ANOTHER 2%; CA HIGHEST IN 5 YEARS

Oil hits 2019 high on U.S. plan to tighten squeeze on Iran LONDON (Reuters) – Oil topped $74 a barrel on Monday, the highest since November, as the United States announced a further clampdown on Iranian oil exports, raising concern of tighter global supplies. The United States on Monday said it will eliminate in May … Read more

MAJOR HYPOCRISY! Dan Scavino Compares Nadler in 1998 vs. Nadler in 2019

Jim Hoft from the Gateway Pundit reports, On Wednesday night House Democratic Committee Chairs demanded that Bill Barr cancel his planned press conference on the Mueller Report. On Wednedsay Trump Dan Scavino released video of Rep. Nadler’c comments in 1998 versus his comments in 2019 on special counsel investigations. https://www.youtube.com/watch?v=XGA4x_C5hDM Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…