via twitter: Don’t expect the coming election to be “fair,” even by the lax standards of the last few. Every left-controlled institution will be all-in to kill off Trump, regardless of collateral damage.
by DCG Washington Gov. Jay Inslee speaks, Thursday, Feb. 2, 2017, at the Capitol in Olympia, Wash. Inslee was urging the passage of bills enforcing safe gun storage and enhanced background checks when buying or selling assault weapons. (AP Photo/Ted S. Warren) ORG XMIT: WATW110 Washington State has some strict gun control laws. Presidential candidate … Read more
by Martin Armstrong UBS will charge a 2 franc fee for withdrawing cash at the bank counter beginning in July, be it a withdrawal in CHF from a UBS private account or from a UBS current account. Thus, UBS stands (at least for now) pretty much alone. A survey of various institutions revealed that hardly … Read more
from Financial Survival Network Craig Hemke of TF Metals Report believes that the Fed will be forced to cut rates at the next meeting on June 18-19. The yield curve has become inverted which is almost always a precursor to recession. Is the economy actually weakening? It only takes two consecutive quarters of negative growth to make a … Read more
by Troy The stock market is falling after hours on new trade war news. In an environment like this, predicting the short term is extremely difficult. Trump talks about the U.S.-Mexico-Canada Agreement, stocks go up. Trump talks about slapping new tariffs on Mexcio, stocks go down. Today’s headlines: Investors are turning bearish on stocks very quickly. … Read more
by Charles Hugh-Smith As a society, we are ill-prepared for the end of “politics is the solution.” It’s fun to be a politician when there’s plenty of tax revenues and borrowed money to distribute, and when the goodies get bipartisan support. An economy that’s expanding all household incomes more or less equally is fun, fun, fun … Read more
His lawyer suggests if the price is too high, he may be willing to take his friend, former president of Mexico, down with him. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Emilio Lozoya, a former chief executive of state oil company Petróleos Mexicanos (Pemex), was issued with an arrest warrant on Wednesday for … Read more
Nigel Farage is getting ready to shake politics in the UK. He promises to sweep away parties that have dominated UK politics for over 100 years. The [CB] economy is declining rapidly, the housing market is declining, Trump will put pressure on the Fed to cut rates and start stimulus. GDP was revised by for … Read more