The judge made the right call, technically speaking, but this does not address the issue of the nigh on unconstrained manner of congressional investigations and how they may be weaponized: http://archive.fo/usSpg
via @TaviCosta: What is Dr. Copper telling us about the global economy? It is now almost 20% since Jan of 2018. A similar decline also preceded the last selloff in stocks.
BY SRSROCCO The overwhelming majority of U.S. shale companies were hit hard due to lower oil prices in the first quarter of the year. Just about every shale company that I keep track of suffered negative free cash flows in Q1 2019. This was quite a surprise as Rystad Energy claimed that the breakeven price for … Read more
Is China and the US entering an endgame? The battle lines have been drawn and demands made. In this trade war it appears both sides are preparing for the long haul. What does it mean to win a trade war? What does it mean to lose? How far could this escalate? https://www.youtube.com/watch?v=6C1kYnrm1cA
There appears to be a conflict of interest when it comes to House Committee chairman Elijah Cummings and where his wife is working. One America’s Kelly Ayers explains.
Virginia Kruta from The Daily Caller reports, Democratic 2020 presidential candidate Pete Buttigieg admitted during his Sunday town hall on Fox News that when he talks about “fair taxes,” what he means is “higher taxes.” https://www.youtube.com/watch?v=KFVIWpKWEEc Read More/Source/Credit/FairUse: https://dailycaller.com/2019/05/19/pe…
by Dave Kranzler via Investment Research Dynamics Tesla has been “done” for awhile but many of the Wall Street and investor “uber” bulls are finally starting to see this reality. Amusingly, Wedbush’s Dan Ives issued a report in which he lowered his price target on Tesla stock from $270 to $235. He refers to Tesla’s situation as a … Read more
Must-see TV. After a decade of justice denied — under Barack Obama, Hillary Clinton, Eric Holder, John Brennan, James Comey, and others — Bill Whittle thinks he now detects a whiff of fear among those in that cabal. Former CIA Director John Brennan, usually a cool calculating man, seems frightened about the probe into how … Read more
Watch the latest video at foxnews.com Federal agents are dumping thousands of illegal aliens at bus stations and then simply walking away. They don’t want to do it. They have no choice. Congress won’t help them. Our immigration system is in total collapse. Nobody is even trying to protect you or our country. Kirsten Gillibrand is a U.S. senator … Read more
Apparently, problems with waste are not limited to San Francisco. NBC4 reported Monday that “sky-high” piles of rotting trash were found around Los Angeles, leading some to worry about a new typhus outbreak. “Even the city’s most notorious trash pile, located between downtown LA’s busy Fashion and Produce districts, continues to be a magnet for … Read more
The New Right Is Beating the New Left. Everywhere. From Australia to Europe, the signs are multiplying that conservative populism is on the rise.. The leftist “resurgence” is primarily a media-driven phenomenon, as the press throws up one synthetic hero after another, Beto-style, while reporting breathlessly on a relatively small number of “activists” in a … Read more
via scottrasmussen: Sixty-four percent (64%) of voters believe the FBI knew a controversial dossier was unreliable when they used it to obtain a search warrant against President Trump’s 2016 campaign. A ScottRasmussen.com national survey found that skepticism is shared by 86% of Republicans, 64% of Independents, and 47% of Democrats (see crosstab results). Forty-nine percent (49%) favor … Read more
CNN: “Jamie Oliver’s restaurant empire is collapsing” Celebrity Chef Jamie Oliver says his restaurant business is going into bankruptcy protection as competition in casual dining balloons. https://www.cnn.com/videos/business/2019/05/21/jamie-oliver-restaurants-bankruptcy.cnn-business/video/playlists/business-news/ BBC: Jamie Oliver restaurant chain collapse costs 1,000 jobs Celebrity chef Jamie Oliver has said he is “devastated” after his restaurant group went into administration, with 1,000 jobs … Read more
by Shaun Richards Timing can sometimes be if not everything very important and so the release of the UN report on UK poverty by Phillip Alston on the day we get the latest data on the public finances is unlikely to be a coincidence. So let us get straight to it. Although the United Kingdom … Read more
.@RepMarkMeadows: Declassification of Russia investigation docs is "right around the corner." https://t.co/6CpqRdCD8V — Washington Examiner (@dcexaminer) May 20, 2019 Rep. Mark Meadows, R-N.C., said on Monday that the declassification of key documents related to the Russia investigation is “right around the corner.” In an interview with Fox News, Meadows said he spoke to President Trump … Read more
by Bill Bonner LONDON – We first came to London a half-century ago. Back then, the city was tired and drab. We stayed in a hotel, where we had to put coins in a heater to get any warmth and use the bathroom down the hall. Now, London is a different city, full of young people, … Read more
From Zero Hedge With the entire US agriculture sector facing a 1980s style farm crisis downturn and record debt levels, demand for new tractors is set to collapse as farmers hang on to old Deere & Co. equipment, reported Bloomberg. Heavy flooding in the last several months across the Midwest, a deepening trade war with China, depressed commodity … Read more
Alasdair Macleod interviewed by Reluctant Preppers With the Brexit threatening to break up the Eurozone, and US/China trade wars escalating at the top of today’s massive credit cycle, what will happen to the the ordinary person during the next downturn, as feverish central banks slash interest rates to zero or negative (ZIRP/NIRP)? Alasdair Macleod returns to Reluctant … Read more
by howmuch Everyone needs life insurance. But how much each individual needs varies from person to person. You will want to find the right life insurance policy that accounts for how much money you earn and the cost of living in your area. So how much should you spend on life insurance? Here’s the breakdown … Read more
by David Haggith The graph here shows the point at which I said early last summer housing sales had turned over (for the worst) and would remain on a downtrend indefinitely, and it shows how that prediction has panned out. Existing home sales were down again nationally (4.4%) in April (fourteenth month in a row of … Read more
U.S. federal wall funding of US$1.57B yields 1.7 miles of fence U.S. Customs and Border Protection has put up just 1.7 miles of fencing with the US$1.57 billion that Congress appropriated last year for President Donald Trump’s wall along the Mexican border, a federal judge was told. A lawyer for the U.S. House of Representatives … Read more
by Troy The stock market’s intraday volatility has been higher than usual, with stocks swinging up and down on trade war headlines. Today’s headlines: Existing Home Sales is weak VIX’s spike has faded Value Line Geometric Index is diverging from the S&P U.S. Dollar is strong Sentiment is extreme? Trade war damage Volume is really … Read more
by Charles Hugh-Smith If you want to understand how the economy is being transformed, look at the intersection of Big Tech, financialization and the central state. The two dynamics transforming the economy–technology and financialization–are intertwined yet widely viewed as unrelated. Critics and proponents of each largely ignore the other dynamic: critics of institutionalized fraud and other manifestations of … Read more
The IMF called Deutsche Bank (DB) the “most systemically dangerous bank” in the world in 2016. It recently hit all-time lows and now sits around $7.50 per share. If DB does break $6.40, do we get a daisy chain of default around the world? Renowned geopolitical and financial cycle expert Charles Nenner says, “It is … Read more