U.S. Steel Plants Are Going Idle, But The Fed Continues To Perpetuate The Myth That Everything Is Just Fine

by Michael Snyder Even though there is a tremendous amount of evidence to the contrary, the Federal Reserve continues to insist that the U.S. economy is in good shape.  On Wednesday, Federal Reserve Chair Jerome Powell told the nation that “the economy has performed relatively well” in 2019 and he insisted that “the baseline outlook is a good … Read more

Mannarino: The Fed Is About To Go Nuclear!

TradersChoice.net, Released on 6/19/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more

How the Fed will impact stocks over the next year

by Troy Today the Fed signaled that an interest rate cut is coming in the future.  The only uncertainty is “when” – will the rate cut occur in July, or later? Today’s headlines: How various markets respond to rate cuts What SUSTAINED yield curve inversions mean for stocks and gold Stock market’s quick recovery from correction … Read more

ILLINOIS FARMERS HAVE “GIVEN UP” ON PLANTING

by Mac Slavo of SHTFplan Farmers in Illinois whose land has been thrashed by flooding have given up on planting.  Instead of growing food, they decided to throw a party. And who could blame them? The storms that have caused major flooding in Illinois have forced farmers to give up on their crops. Forecasts for even more rain … Read more

Government Pension Debt A Danger To Taxpayers

From Birch Gold Group According to Pension Tracker, as of 2017 there is $5.184 trillion worth of market-based public pension debt across all 50 states. If you’re a taxpayer, Forbes says you’re exposed to significant risk: While the healthy economy and rising stock market has lifted pension fund investments around the nation, most pension funds assume unrealistically high returns and expose … Read more

Joe Biden, 76, wants a violent civil war

by Dr. Eowyn We have come to this. A former U.S. vice president says it’s naive to think that Democrats and Republicans “have to work together” and proposes that the way to deal with Republicans is a violent civil war — “bare kuckle fight” “physical revolution”. Ryan Saavedra reports for the Daily Wire that on Monday, June 17, … Read more

Quantitative Easing Has Prevented A Debt Crisis – But We’re Reaching the Physical Limits of QE

via cassandracapital: The rise of Quantitative Easing (QE) and other so-called Unconventional Monetary Policies has been one of the most important changes to the world in the last decade. Trust me – it’s right up there with the election of Donald Trump and Brexit. But you could be forgiven for having never even heard of it. … Read more

It’s happening again for the third time in 25 years

it's happening again for the third time in 25 years pic.twitter.com/lhfOTRE8Ed — Alastair (@StockBoardAsset) June 19, 2019 There it goes. Yields on 10-year US Treasuries are back below 2% pic.twitter.com/wW4ktoMnQM — Tracy Alloway (@tracyalloway) June 20, 2019 Lots of comment lately about how a Fed rate cut now would be bad, like when they cut … Read more

U.S. Youth Suicide Rate Reaches 20-Year High

via usnews: HealthDay ReporterTUESDAY, June 18, 2019 (HealthDay News) — Suicide rates among teens and young adults have reached their highest point in nearly two decades, a new study reports. Suicides among teens have especially spiked, with an annual percentage change of 10% between 2014 and 2017 for 15- to 19-year-olds, researchers said. “It really is … Read more

Is the stock market’s volatility about to spike?

by Troy By some measures, the stock market’s volatility is starting to go up with the stock market itself. Does this mean that a short term spike in volatility (and short term decline in stocks) is impending? Today’s headlines: VIX and stocks Volatility of volatility Small caps indecision Fed day Oil’s plunge last week Gold miners … Read more

World War III – 2024-2027?

by Martin Armstrong QUESTION: Besides the Bible, there are many clairvoyants who predict that there will be World War III. Your models predict the rise in war tensions. What is your “opinion” about the prospects for a third world war? JC ANSWER: There is no doubt that we are in the process of a rising war … Read more