Month: May 2019

by Michael Snyder They actually did it.  On Tuesday night, the Alabama Senate passed a bill that would actually make abortion a felony in the state of Alabama.  Needless to say, pro-abortion forces all over the nation are officially freaking out about this new law.  They know that it is intended as “a direct challenge” … Read more

by Michael Snyder Wall Street is still treating this crisis as a temporary trade dispute, but the Chinese see things completely differently.  At this point, the narrative in China is that the U.S. has deeply insulted their national honor, and every angry statement from U.S. officials is just digging the knife in a little bit … Read more

by Charles Hugh-Smith The net result is we have an economy that’s supposedly expanding smartly while our well-being and financial security are collapsing. Gross Domestic Product (GDP) and other metrics of economic activity don’t measure either broad-based prosperity or well-being. Elites skimming financialization profits by expanding corporate debt and issuing more loans to commoners while spending … Read more

https://www.youtube.com/watch?v=n__tCRWllsM  

by Keith Weiner of Monetary-Metals We have deviated, these past several weeks, from matters monetary. We have written a lot about a nonmonetary driver of higher prices—mandatory useless ingredients. The government forces businesses to put ingredients into their products that consumers don’t know about, and don’t want. These useless ingredients, such as ADA-compliant bathrooms and supply chain tracking, … Read more

by John Mauldin By John Mauldin You’ve likely heard of the term “income inequality.” It means wealthy people are making a larger share of our collective income. In one sense, it’s nothing new. The people with the highest incomes have more of the total. Math guarantees it. But the top’s share has largely grown in recent … Read more

Trump explains why the trade deal is not that important at this time. The US is in a fantastic position. There is a plan within the economic plan to maneuver in stealth around the [CB] and take it down. Trump was right on cue with the call to the Fed to lower rates. Xi and … Read more

by Larry White of The View From Our Whitehouse Jim Rickards Discusses His New Book – “Aftermath” Readers here know that I have followed Jim Rickards for many years because of his extensive understanding of the issues we cover here and because he has talked about the potential for major monetary system change. That is what this blog … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Russell 2000 back where it had first been in November 2017. This market, after a historic rally despite declining corporate earnings in the first quarter, was looking for a trigger, any trigger, and it found a trigger, or triggers. But the trade war cannot explain the colossal flops in the over-hyped … Read more

by sundance Curtis Ellis was special advisor to Secretary of Labor Acosta in the Trump administration. He is now an outside government advisor to America-First Policies, an unaffiliated economic advisory board and advocacy group. In this video Ellis walks through the big picture behind the U.S. -vs- China Trade confrontation.

Via Global Macro Monitor, Not as strong as many, including President Trump believes… GDP growth and even the jobs data, including the unemployment rate, though fairly sunny, look deceptively strong and need a deeper look, which we have provided for you over the past few weeks.  See here. How Will The Economy Hold Up As Trade War … Read more

via Zerohedge: Unlike the chaotic, disorderly Q4 market selloff which saw the worst performance by professional investors since the financial crisis, there was an almost resigned acceptance to the sharp drop in stocks in the days after Trump reignited the trade war a little over a week ago. There may be a simple reason for … Read more

Via SchiffGold.com, Uber launched its IPO on Friday. It was less than ideal. Meanwhile, the Federal Reserve is talking about how it wants to tweak its quantitative easing program when the next recession rolls around. Peter Schiff talked about how these things relate – and the “writing on the wall” for the economy in his … Read more

via @valuewalk: “Corrections happen during growth-rate cycle slowdowns, they don’t require a recession.” – Lakshman Achuthan, Economic Cycle Research Institute     https://valuewalkpremium.com/2019/05/these-high-valuations-are-coming-at-a-time-when-investors-are-heavily-invested-in-stocks/?utm_source=dlvr.it&utm_medium=twitter