Via ZeroHedge Rich people are picking up sticks and getting out of dodge, according to Johannesburg-based research firm New World Wealth, which notes that around 108,000 millionaires migrated across borders in 2018 – a 14% increase over 2017 and more than double the level in 2013. The top destinations? Australia, the United States and Canada, reports Bloomberg. Around 3,000 of the … Read more
Major storms swept through the central U.S., bringing dangerous weather affecting millions. READ MORE: https://abcn.ws/2GNMVFn
by Kimble Charting The 4-month rally has been broad-based, with other risk-on assets like crude oil rallying in stride. This isn’t a surprise, as crude oil will often perform in line when the economy is on track. Currently, the correlation between stocks and crude oil remains up. But if crude doesn’t get its act together, it may become … Read more
by Natura Naturans Running over protesters is not good.
By Justine Hall, FS There’s a common urban legend, said Marc Chandler, one the Federal Reserve even fosters— that the Fed kills business cycles. “People like Janet Yellen say the Fed is a murderer.” But to Chandler, this isn’t the case. On a recent Financial Sense Newshour podcast Chandler, of Marc to Market, discussed the Fed’s role in … Read more
by FS For well-prepared investors, retirement milestones are something to be celebrated. However, getting to the big day stress-free takes a lot of organization and planning. Keeping key dates in mind is one of the most important aspects of planning ahead and mitigating stress. We’ve covered these retirement milestones in the past, and we receive … Read more
Bankruptcies slamming american Dairy and Grain farmers which has a feedback loop of banks less willing to lend because of risk, so less land is planted because of lack of financing. Kenyan and Ugandan fishermen square off over Lake Victoria fish, a look food usage globally and the Galactic Cross.
Kevin Daley from The Daily Caller reports, Former Vice President Joe Biden said Monday that he takes personal responsibility for Anita Hill’s treatment during Justice Clarence Thomas’s 1991 confirmation hearings, amid mounting criticism from the left and Hill herself about the inadequacy of past apologies. https://www.youtube.com/watch?v=zVJZY53UWGw Read More/Source/Credit/FairUse: https://dailycaller.com/2019/04/29/bi…
In order for a market to crash, there needs to be a TRIGGER. It could be a bank failure. Could be chaos in a city. Could be in a new invasion of a country. Could be a “Black Swan” event (A term everyone knows but never read the very detailed book). Regardless, we are here, … Read more
by Jim Quinn Check out your city’s real inflation. http://www.chapwoodindex.com/ The Chapwood Index reflects the true cost-of-living increase in America. Updated and released twice a year, it reports the unadjusted actual cost and price fluctuation of the top 500 items on which Americans spend their after-tax dollars in the 50 largest cities in the nation. … Read more
https://www.youtube.com/watch?v=KyY4xj2K6yw “Always remember… Rumors are carried by haters, spread by fools, and accepted by idiots.” ― Ziad K. Abdelnour, Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics https://www.youtube.com/watch?v=4ad2RoVoskE Democrat humiliates herself thinking her question would out smart Bill Barr The look on her face is duhhhh….. priceless… https://www.youtube.com/watch?v=WfKaNHUUVVE https://www.youtube.com/watch?v=-ccjdancOKM I Love … Read more
A few days ago I saw a post on Facebook, whose source I don’t remember, that said something like, “Remember, you can vote socialism in, but you have to shoot your way out.” A true statement, as the current situation in Venezuela bears out. The question becomes, though, do the people of freedom-loving countries have … Read more
via reason: The Vermont socialist can muster a lot of emotional outrage at CEO pay, but his argument about a “moral economy” doesn’t add up. To date, the new movie Avengers: Endgame has grossed over $1.3 billion worldwide, a testament to the popularity of the superhero franchise and the ability of Disney, which owns Marvel Studios, to deliver what … Read more
by Lance Roberts I recently wrote about stock buybacks in our weekly newsletter. However, a recent report from Axios noted that for 2019, IT companies are again on pace to spend the most on stock buybacks this year, as the total looks set to pass 2018’s $1.085 trillion record total. “By the numbers: Companies so far have spent $272 billion on … Read more
Via The Babylon Bee U.S.—After President Trump once again called attention to Democrats’ support for the violent execution of both unborn and newborn babies, Democrats apologized and promised to do a better job of hiding their support for infanticide in the future. Democrats phoned up various mainstream media outlets and made sure that they called … Read more
by Martin Armstrong QUESTION: Hi Martin, You mentioned in a 2016 blog post that “We will probably see the end of this Social Security program by 2021.772 (October 9, 2021)”. Does this forecast still have a high probability of occurring? If so, won’t this be devastating to retirees, especially those with little or no retirement savings? … Read more
by Troy As the stock market retreats from all-time highs, perhaps this is the start of the pullback/correction that everyone’s been waiting for. I don’t know – I don’t focus on the short term. With that being said, here are some bullish and bearish factors for the stock market. Go here to understand our fundamentals-driven long term … Read more
by Shaun Richards Some days a topic appears that has become an economic theme plus links with the discussions of earlier in the week and today is such a day. Since late summer last year we have began observing some backfires in the engine of the German economy and that turned into a second half … Read more
Chinese Spies Recruiting Resistance Radicals Inside U.S. Intelligence Community OAN Newsroom UPDATED 8:56 AM PT – Tuesday, April 23, 2019 New scrutiny is being placed on the intelligence community after the recent arrest of a longtime Chinese spy raises red flags about their recruitment efforts. One America’s Jack Posobiec has more. We need a espionage … Read more
by Mac Slavo of SHTFplan Millennial and generation Z workers are becoming increasingly miserable with their jobs and careers. Since we are told several times a day by the media that the economy is booming, why are so many young workers so disastrously melancholy all the time? The mental well being of the American worker hit an all-time … Read more
by Egon von Greyerz Why do 99.9% of investors not own gold? Due to my interest and activity, I clearly meet a higher percentage than the 0.1% who both understand and own gold. But I also meet a lot of people who have been indoctrinated by their investment advisors and the media about gold’s uselessness. … Read more
American satellite companies like Boeing, SSL, and the Carlyle Group are helping China’s military police with mass surveillance and monitoring of the Chinese people, including Uighur Muslims in Xinjiang, China island building in the South China Sea, and broadcasting state-run propaganda. A Wall Street Journal expose uncovers how the Chinese state and US companies have … Read more
Authored by Gordon Chang via The Gatestone Institute, The continued defiance of Hong Kong’s people in the face of Chinese repression is inspiring resistance in Taiwan. “In the early 1980s the ‘one country, two systems’ concept was created for Taiwan, not for Hong Kong,” said Ma Ying-jeou to Al Jazeera when he was Taiwan’s president in September 2014. … Read more
by Charles Hugh-Smith Ironically, their ample compensation allows them to avoid the poor-quality services they’ve designed for everyone below them. If we define middle class by the security of household income and what that income can buy rather than by an income level, what do we conclude? We have little choice but to conclude the middle class is decaying, both in the … Read more
WSJ EDITORIAL: A Real Attorney General: Bill Barr gets smeared for refusing to duck and cover like Loretta Lynch. Washington pile-ons are never pretty, but this week’s political setup of Attorney General William Barr is disreputable even by Beltway standards. Democrats and the media are turning the AG into a villain for doing his duty and making … Read more