BORIS GOING FOR IT… MAY GONE BY JUNE?

Boris Johnson confirms bid for Tory leadership Boris Johnson has said he will run for the Conservative Party leadership after Theresa May stands down. Asked at a business event in Manchester if he would be a candidate, the former foreign secretary replied: “Of course I’m going to go for it.” Mrs May has said she … Read more

Is the economy about to tip in a recession? What this means for stocks

by Troy The stock market sits a support/resistance level that has been important for half a year. Moreover, the OECD’s U.S. Composite Leading Indicator (not to be confused with the Conference Board’s Leading Economic Index) is falling into potential “recession territory”. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most … Read more

Electronics manufacturing in Taiwan and Vietnam is going up because of trade war with China

The trade war has had a beneficial effect on some of China’s neighbors, as local manufacturers looked to outsource production and investigate supply chains further afield: according to SC-IQ, Taiwan now has the highest electronics manufacturing growth in the region, averaging 15 per cent in the first three months of the year. “Looking at US … Read more

UGH: Before Ethiopian Crash, Boeing Resisted Pilots’ Calls for Aggressive Steps on 737 Max.

via nytimes: The F.A.A. had already issued one directive after the Lion Air crash, instructing airlines to revise their flight manuals to include information on how to respond to a malfunction of the anti-stall system known as MCAS. But Mr. Michaelis pushed Boeing to consider calling for an additional one to update the software. Such a … Read more

Illegal Alien Accused of Murdering Elderly Woman ‘Possibly’ a Texas Serial Killer – Potentially over 1,000 victims

Keep in mind, he is/was a nurse. https://www.breitbart.com/politics/2018/03/27/report-illegal-alien-accused-of-murdering-elderly-woman-possibly-a-texas-serial-killer/ An illegal alien accused of murdering an elderly woman could “possibly” be a serial killer and involved with multiple other deaths of elderly people in the Dallas, Texas area, a report states. According to the FOX 4 News, 45-year-old illegal alien Billy Chemirmir from Kenya was chased … Read more

Is Bitcoin Back?

By Rodney Johnson 100%. That’s how much the price of bitcoin increased since December 31. At last check, the cryptocurrency was trading at $7,502, after jumping 14% on Friday and 7% on Monday. For non-mathematicians, that’s more than 20% in just a couple of days. Not bad. So, are cryptos back? If you’re looking for an investment … Read more

The Global Collateral Trap (w/ Michael Howell)

Could a global collateral crunch cause “hair-trigger” markets to plunge into a 2008-style sell-off? Michael Howell, founder and managing director of CrossBorder Capital, breaks down the causes, and likely effects, of a liquidity crisis in global financial markets. Filmed on May 2, 2019 in London.  

Steve Keen: You don’t get asset prices at these levels without soaring leverage … Thom Hartmann: The coming war with Iran is yet another US false flag operation … Charles Hugh Smith: America’s next big crisis …

BY JOHN RUBINO Steve Keen: You don’t get asset prices at these levels without soaring leverage … Thom Hartmann: The coming war with Iran is yet another US false flag operation … Charles Hugh Smith: America’s next big crisis coming in June … Max Keiser: Gold would be $2,900 if it wasn’t being manipulated …

China crushed by debt

by independenttrader Over the recent days, financial markets again has been dominated by the ongoing trade war between U.S. and China. However, prolonged negotiations are just one of many unsolved problems in Beijing.   Donald Trump raises tariffs on Chinese products On Sunday, May 5, President of the United States announced on his Twitter account tariffs … Read more

TRUMP to drop visa lottery program, push merit-based admissions

Watch the latest video at foxnews.com The White House is set to unveil a sweeping new plan that would radically transform the makeup of immigrants in the United States, ending the visa lottery program and implementing a comprehensive merit-based admissions procedure, three senior administration officials told Fox News on Wednesday. The move would more than quadruple the number of … Read more

President Trump Declares National Emergency For Information and Communication Technology…

by sundance Here we go….  President Trump is laying the groundwork to ban telecommunication companies based on identified risk to national security (ie. Huawei).  Nations who engage in 5-G technology agreements are on notice they may be cut-off from communication partnerships with the U.S.A. [I think Wall Street just pee’d their pants a little..] [Executive Order] … Read more

Total Catastrophe For U.S. Corn Production: Only 30% Of U.S. Corn Fields Have Been Planted – 5 Year Average Is 66%

by Michael Snyder 2019 is turning out to be a nightmare that never ends for the agriculture industry.  Thanks to endless rain and unprecedented flooding, fields all over the middle part of the country are absolutely soaked right now, and this has prevented many farmers from getting their crops in the ground.  I knew that … Read more

Subprime Bites: Auto-Loan Delinquencies Spike to Q3 2009 Level, Despite Strongest Labor Market in Years

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But what will happen to banks and automakers when the cycle turns? Serious auto-loan delinquencies – 90 days or more past due – jumped to 4.69% of outstanding auto loans and leases in the first quarter of 2019, according to New York Fed data. This put the auto-loan delinquency rate at the … Read more

If The Chinese Were Upset Before, Now They Are Going To Be Absolutely Furious After Trump’s Latest Move

by Michael Snyder President Trump is doubling down on his tough approach with China, and apparently he has decided that now is the time to cripple their most important tech company.  Huawei Technologies sells more telecommunications equipment than anyone else in the entire world, and it was anticipated that they would be one of the … Read more