London is getting hit pretty hard right now. If you’re in London or the surrounding area, please let me know what you’re seeing. Also, my friends in Ireland, are you seeing prices increase? I do believe Ireland will be negatively impacted with Brexit in the short term. But looks like it may not even go … Read more
by John Ward In other Brexit news: designer humiliation hits Parliament, May to sit down and disagree with Jeremy Corbyn, PM’s local vicar in shock investigation, Brexit to cause acute Minister shortage, and Brighton launches Under 5 Trannies for Guy Verhofstadt. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ You may have previously imagined that Ben Cooper was a brand of designer shirts, but … Read more
By Harry Dent A lot’s driving this bubble we’ve been in since 2009, but good fundamental trends and things like demographics and technology are not among them. The biggest inflator has been the $13 trillion worth of quantitative easing (QE) courtesy of central banks. Thanks to their significant gift to all but retail investors like … Read more
by Simon Black My grandfather was just a toddler when soldiers came home from World War One in 1918. They brought the deadly Spanish Flu with them, which killed well over 50 million worldwide. As a young adult, my grandfather struggled through the Great Depression with the rest of the world. And just as things started … Read more
by WARREN MOSLER Not looking good: Not looking good: In contraction: South Korea March exports contract for fourth month (Reuters) Overseas sales slid 8.2 percent in annual terms in March. Imports shrank by 6.7 percent in March from a year earlier. This produced a $5.22 billion trade surplus, nearly doubling the amount in February, the … Read more
This really scares me. The east and west coasts will control politics forever in this country if this goes through. Another violation of our rights. via cleveland: Ohioans may vote this November on a proposed state constitutional amendment to award the state’s presidential electoral votes to the winner of the national popular vote, regardless of … Read more
by Shaun Richards Sometimes it helps to look back so let us dip into Yahoo Finance from the 17th of December last year. Home price growth has slowed for six consecutive months since April, according to the S&P CoreLogic Case-Shiller national home price index. And for the first time in a year, annual price growth … Read more
by Troy The stock market went nowhere today and volume was extremely low. Traditional technical analysis sees low volume rallies as an ominous sign (“volume must confirm price”, “air is getting thin at the top”, etc) Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by … Read more
“Why didn’t you take away peoples first amendment rights for saying something that should’ve been done but I didn’t like?” h/t Jwnlwplus4
By Jared Dillian Lot of strong feelings on gold. Some people think it has no utility. Other people have pretty reasoned arguments about how gold maintains purchasing power across the centuries. It was in a bubble eight years ago that sucked a lot of people in. There were some sketchball commercials for gold on Fox News. … Read more
Naw, not Hillary and AOC, but their financial (Hillary) and ideological (AOC) friends, the Russian government and Russian oligarchs. via strategypage: Opinion polls show that most Russians accept corruption as a basic element in Russian culture and unlikely to be eliminated any time soon. Most Russians also complain that the prevalence of corruption hurts the economy … Read more
via ANTIWAR: The US handed over the Camp Kearney base in Paktika Province to the Afghan government in 2014, with an estimated $8 billion in equipment still inside. Today, the estimation is that about $1 billion worth of equipment is left. So what happened between then and now that cost the site about $7 billion? Mass … Read more
UBS CEO Ermotti knows more about his bank than others. Last week he tried to sell all his UBS shares. Compliance prevented it via insideparadeplatz.ch: (See below) , Sergio Ermotti, is a mystery. The chief of the UBS wanted to recently sell a big package with privately-held stock of its Bank. According to an Insider Ermotti was … Read more
EU leaders and the government of the UK are continually delaying the BREXIT, this has been the plan along, keep the country in limbo. Real estate around the world is declining rapidly, prices are falling and this is when interest rates are close to zero. Durable good order decline. The [CB] economy is failing, it … Read more
by QuantalyticsResearch US Stocks Preview Ahead of the Open Global markets are rallying today and US stocks index futures are higher with front-month Dow Jones minis +0.43%, S&P 500 minis +0.52% and Nasdaq 100 minis +0.60% China’s trade delegation arrived in Washington, DC, led by Vice Premier Liu He, to continue trade negotiations; China cited “new progress” after last week’s … Read more
There is no hiding the outrageous open borders and baby killing policies of the now far left Democrat party. Journalist Alex Newman says, “The crazy is now coming out of the closet. That’s why they want the open borders. They know they have lost the American people. They are now coming out of the closet … Read more
the women who wants open borders calls Trump a threat? the women who says openly she wants to destroy the constitution says trump is the threat?? The women who says she wants to flood America with muslims says Trump is a threat?? h/t Jake
Trump is now putting off the new health care plan, congress is not with him and he needs to drain the swamp first. Biden is having trouble accusers are coming forward, but this is not his only problem. FBI refuses to hand over the emails from CNN when they conducted the raid on Roger Stone. … Read more
by Egon von Greyerz One of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few years too late … Read more
by Michael Snyder I know that the headline sounds outrageous, but it is actually true. According to a brand new report that was just released, Americans had to borrow 88 billion dollars to cover their medical bills last year. That is a truly astounding number, and it shows just how dramatically our current health care … Read more
by Michael Snyder Earlier today, my attention was directed to a thread on an Internet discussion forum that lamented how much America had changed over the years. I don’t know exactly why, but the posts on that thread really touched me. Those of us that are old enough to remember what America was like before … Read more
BY JOHN RUBINO Looking strictly at the numbers it’s hard to work up much interest in whether Republicans or Democrats are in charge after 2020. Either way, trillion-dollar deficits and extremely easy money are guaranteed, which means the US – along with most of the rest of the world – will fall off a financial cliff … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ford wisely kept its mouth shut. The problem with Mercedes and BMW is that they don’t yet sell luxury pickups, though they’re finally figuring it out. The first quarter was not pretty for new-vehicle sales in the US. Deliveries fell 3.2% from Q1 last year, to 3.99 million vehicles. Unless a … Read more
by Charles Hugh-Smith What cannot be replaced by corporate chains is neighborhood character and variety. There is much more to this article than first meets the eye: In a Tokyo neighborhood’s last sushi restaurant, a sense of loss “Eiraku is the last surviving sushi bar in this cluttered neighborhood of steep cobblestoned hills and cherry trees … Read more