I'll share a well kept secret. The aggregate-hours worked index for all of Q2 slowed to a mere 0.6% SAAR from 1.8% in Q1. This is the weakest quarter since…Q4 of 2009! — David Rosenberg (@EconguyRosie) July 5, 2019 Half the payroll gain came from the ‘Birth-Death’ BLS guesstimate; and prime-adult male employment actually sagged … Read more
One hour ago a British oil tanker named PACIFIC VOYAGER on its way from Singapore to Ras Tanura, Saudi Arabia just stopped cold in the middle of the Persian Gulf. Supposedly an Iranian vessel was hanging around in that area around the same time it stopped. It could be nothing but who knows? This info … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Where is the Fed’s “U-Turn” that Wall Street promised us? In June, the Fed shed Treasury securities at the slower pace announced in its new plan for QT, but it dumped Mortgage Backed Securities (MBS) at the fastest rate since the QE unwind started, breaching its “up to” cap for the first … Read more
via Zerohedge: With Deutsche Bank CEO Christian Sewing set to unveil his sweeping restructuring plan to the struggling German banking behemoth’s board on Sunday – a plan that’s expected to focus on brutal cuts to DB’s investment bank – the longtime head of that unit, Garth Ritchie, has reportedly quit, according to the FT. On Friday, DB said … Read more
by Michael Snyder What in the world is happening to southern California? Could it be possible that all of the shaking that we have seen over the past couple of days is leading up to something even bigger? I was curious, and so I went to the USGS website and I pulled up a map … Read more
by Michael Snyder We just witnessed the largest earthquake to hit the state of California in many years, and it definitely shook a lot of people up, but the truth is that it is not even worth comparing to “the Big One” that scientists assure us is coming someday. On Thursday morning, a magnitude 6.4 … Read more
Kamala the cop reiterates promise to take executive action on guns if Congress won’t Kamala Harris reiterated this week that she will take executive action on gun violence if Congress does not send her a bill within the 100 days of her presidency. “When elected president,” the California senator’s office said Tuesday on social media. … Read more
by Natura Naturans What happened to that record heat? Gee, global warming is such a fickle creature, barbequing us one moment, freezing us the next. Who’s a useful idiot to believe? Summer seems to have temporarily fled the Netherlands. Where last week saw record high temperatures, residents of Eastern Netherlands woke up to a frost covered … Read more
https://www.youtube.com/watch?v=_fsZ4aZGbYs “Modern business must have its finger continuously on the public pulse. It must understand the changes in the public mind and be prepared to interpret itself fairly and eloquently to changing opinion.” ― Edward L. Bernays, Propaganda
https://www.youtube.com/watch?v=vOuHWPadjGw Sen. Kamala Harris said Wednesday that busing students should be considered by school districts trying to desegregate their locations — not the federal mandate she appeared to support in pointedly criticizing Sleepy Joe Biden last week. Wait, what?!
LAWLESS NEW YORK DEMOCRATS Are Handing out Illegals That Looks Same a Public ID
Authored by Dagny Taggart via The Organic Prepper blog, We are living in precarious times, and if you haven’t prepared for an economic collapse yet, it is time to start taking action. Despite what some “experts” would like you to believe, the US is on shaky financial ground. Several indicators suggest things are far worse than many think. … Read more
via @MI_Investments: How many decades before they admitted cigarettes smoke caused cancer? Today we have transfats being addressed only after 30 yrs, and yet sugar remains
via @tracyalloway: That would suggest more than $1 trillion of buybacks in S&P 500 stocks in 2019 (BAML’s corporate clients usually represent around 8% of S&P 500 buybacks)
via @TaviCosta: Same warning ahead of the GFC, tech bust, Asian crisis, S&L crisis, and 1980’s double dip recessions. The only false signal, 1986. We now have the entire US Treasury curve below the Fed overnight rate.
Because of far leftism in Latin America, and the cnouragement of dems to everyone to pour in: http://archive.is/1KRtX
the employment slowdown is really gaining speed – no wonder trump is begging for rate cuts and qe-4, and as of this morning, dollar deval pic.twitter.com/TcUzrnADnC — Alastair (@StockBoardAsset) July 3, 2019 inversion about to get deeper pic.twitter.com/Jjd9ySzBkn — Alastair (@StockBoardAsset) July 3, 2019 america is not an economic island; america is not an economic … Read more
“It is a FOMO — fear of missing out — mentality on IPOs because investors are underperforming their benchmarks and looking at IPOs as a way to catch up on performance,“ said Kristin DeClark, the co-head of Barclays Plc’s U.S. equity capital markets practice and global head of technology ECM. https://bloom.bg/32cXWtW
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html/ If you are sure the Fed won’t cut then either: 1)They ignore these numbers, which they never do. 2)Chance of no cut explodes from the current 0% to over 50% in the next 4 weeks. Don’t know what catalyst you are seeing for that. Maybe the view inside your ass (where your head is) … Read more
Riza Aziz, producer of “The Wolf of Wall Street,” was arrested Thursday in Malaysia in connection with the looting of a massive investment fund set up by his step father and former Prime Minister of Malaysia, Najib Razak. Aziz was picked up by Malaysia’s Anti-Corruption Commission (MACC) around midday local time. He was released shortly … Read more
China says the existing US tariffs against the country must first be removed if Washington wants any trade deal with Beijing. China’s Commerce Ministry spokesman Gao Feng announced the condition in a regular media briefing on Thursday, almost a week after Chinese President Xi Jinping and his American counterpart, Donald Trump, met on the sidelines … Read more
The yield curve remained inverted for three months, or an entire quarter, which has for half a century been a clear signal that the economy is heading for recession in the next nine to 18 months, according to Campbell Harvey, a Duke University finance professor who spoke to NPR on Sunday. His research in the … Read more
For More Information See: https://asiaharvest.org/china-update-a-message-from-the-church-in-china/? https://www.christianpost.com/news/china-raids-another-christian-church-detains-many-worshipers-report.html https://www.foxnews.com/faith-values/chinese-christians-imprisoned-for-faith-memorize-bible-guards-cant-take-whats-hidden-in-your-heart https://aclj.org/persecuted-church/27-christians-in-china-were-sentenced-up-to-13-years-imprisonment-for-sharing-the-gospel https://www.aljazeera.com/indepth/features/escape-xinjiang-muslim-uighurs-speak-china-persecution-180907125030717.html https://www.washingtonpost.com/world/2019/02/07/uighurs-australia/?utm_term=.ace836ccacfb https://www.cnn.com/2018/02/02/asia/china-xinjiang-detention-camps-intl/index.html https://news.ntd.com/undercover-footage-reveals-heartbreaking-persecution-of-falun-gong-practitioners-in-chinas-labor-camps_332565.html https://www.theguardian.com/world/2009/jul/18/china-falun-gong-crackdown https://www.opendoorsusa.org/christian-persecution/stories/christian-persecution-by-the-numbers/?mwm_id=327018977501&keyword=christian%20statistics&b&g&327018977501&1t1&c&2030454698&70553138143&gclid=EAIaIQobChMI_72m9pme4wIVBttkCh2NjwnaEAAYASAAEgIK-fD_BwE
Josh Sigurdson talks with standup poet, comedian and actor Benny Wills about some of the most important question not enough people are answering. Who or what rules the world? Why do people want to be ruled? What are people doing about it? How do you break paradigms? What is the end game? Are they desperate? … Read more
