Month: August 2019
Inventory/sales ratio, PMI’s, Housing starts, Consumer Sentiment
by WARREN MOSLER Still elevated: Not looking good: Starts down and rolling over, permits up for the month but still trending lower, as per the charts: Highlights A slow turn upward is the indication from a mixed but still positive housing starts and permits report for July, headlined by a much lower-than-expected rate for starts … Read more
After Philadelphia Police shootout, demorats call for more gun control. How about stricter penalties for prohibited possessors and better enforcement?
by DCG Facts are a stubborn thing for progressives. Always have been, always will be. Demorats starting demanding more gun control after the shootout with Philadelphia Police on Wednesday. In some cases, demorats even called for more gun control while the situation was unfolding. Demorat presidential candidates Kamala Harris, Cory Booker, Beto O’Rourke and Amy Klobuchar took to … Read more
Arkancide: List of Clinton associates who died mysteriously or committed suicide
by Dr. Eowyn The MSM had a meltdown when President Trump hinted at the “arkancide” of Jeffrey Epstein when he retweeted Terrence K. Williams’ August 10 tweet: Died of SUICIDE on 24/7 SUICIDE WATCH ? Yeah right! How does that happen #JefferyEpstein had information on Bill Clinton & now he’s dead I see #TrumpBodyCount trending but we know who did this! … Read more
Appears that San Francisco cares more about their homeless criminals than law-abiding citizens
by DCG Would you trust that this guy will show up for his trial?/SF Police Dept. photo Just like Seattle, it appears that San Francisco has no desire to hold the homeless accountable for their criminal actions. Both demorat-run cities allow the homeless to rule the streets with no real consequences for their actions. No wonder … Read more
Trump Derangement Syndrome Is Real, And It’s Spectacular
MSNBC Host, Analysts Speculate About Removing Trump From Office. https://youtu.be/HS0ka7jWMm0 An MSNBC panel speculated Friday afternoon about potentially removing President Donald Trump from office due to his mental state, pointing to reports he is exhibiting “signs that were similar to the early stages of Alzheimer’s.” “He attacked a man who turned out to be one … Read more
Yield curve inversions everywhere. It’s time to buy precious metals and sell stocks.
via Otavio (Tavi) Costa: We are entering a period of monetary policy lunacy. The rising Gold-to-S&P 500 ratio is the most compelling macro development of late. Yield curve inversions everywhere. It’s time to buy precious metals and sell stocks. https://marketwatch.com/story/monetary-policy-lunacy-means-there-has-never-been-a-better-time-for-this-asset-says-hedge-fund-analyst-2019-08-16?mod=need-to-know @bkollmeyer @SamanthaLaDuc
US: Probability of a recession 6 months ahead -53%; Market pricing in almost a 60% probability of 3 (or more) additional Fed rate cuts this year –
US: Probability of a recession 6 months ahead. Activity augmented yield curve model: 53% – @SoberLook @OxfordEconomics @jemcrobie pic.twitter.com/qfIZqADUAR — Rob Hager (@Rob_Hager) August 15, 2019 Chart (@TheTerminal): Market pricing in almost a 60% probability of 3 (or more) additional Fed rate cuts this year – pic.twitter.com/xNE6zk3diY — (((The Daily Shot))) (@SoberLook) August 15, 2019 … Read more
Consumer Confidence Crashes, Housing Starts Plunge Amid Rental Unit Crash
Consumer Confidence Crashes But, but, but… yesterday CNBC was telling us about how strong the consumer is and how bonds must be wrong. UMich Consumer Sentiment collapsed in August (flash data) ,slumping to 92.1 from July’s 98.4, missing all forecasts in Bloomberg’s survey of economists. The gauge of current conditions decreased to 107.4 while the expectations index dropped to … Read more
The shift in central bank monetary policy direction during the last six months hasn’t been this dramatic in a decade…. The central banks have run out of room to battle deflation. QE, ZIRP, NIRP, OMT, …
Central banks haven’t shifted direction this abruptly in a decade The shift in central bank monetary policy direction during the last six months hasn’t been this dramatic in a decade. Fitch Ratings, examining the direction but not magnitude of central bank shifts, found that more than a third of them have loosened monetary policy in … Read more
Americans more in debt than ever… Average owes $38,000
The average American has $38,000 in debt — a quarter of which comes directly from credit card charges. In December 2018, consumer debt overall hit a record high $4 trillion. Experts say a significant amount of this debt can be explained by what they call “money disorders.” Brad Klontz, author of “Mind Over Money” and co-founder of the Financial Psychology … Read more
Treasury is about to flood the market with debt to fund U.S.’s $1 trillion deficit — and that is a concern
https://www.marketwatch.com/story/the-us-treasury-is-about-to-flood-the-market-with-debt-to-fund-a-1-trillion-deficit-heres-why-that-is-a-worry-2019-08-15 Last month the U.S. Treasury laid out its plans to borrow $814 billion between July and December, after the Trump administration and Congress agreed to a two-year postponement of the U.S. debt ceiling, ensuring no government shutdown or a federal default. Amid the stock-market rout, the chances of a half-percentage-point cut in the federal … Read more
12.6B dollars in made-up cash holdings, Chinese traditional medicine company Kangmei Pharma gets slap on the wrist.
by LALAOOP https://sg.news.yahoo.com/brief-kangmei-pharmas-three-senior-121833570.html https://finance.yahoo.com/quote/600518.SS/ 12.6B dollars (88.7B RMB) accouting fraud in the past three years. Maximum punishment: 900K RMB fine and lifetime ban for the boss couple. 600K RMB fine and admonishment for the company, fines and 10 year bans/admonishment for the execs. _ Honorable mentions: Chinese teleco equipment maker with over 90% net profit … Read more
HSBC VP: “It’s a whole banking system of organized crime”
John Cruz Sr VP HSBC Bank- Hr 1 9:23 “It’s a whole banking system of organized crime”
Youtuber proposes answer to stop illegal immigration: stop the demand—go after the businesses who hire illegal immigrants
Her name is Kim Iversen and she leans left, admittedly. Her solution: Arrest the business owners and the illegal immigrants will self-deport. Do not know if I agree with the entire premise, but it is certainly worth thinking about. PLEASE, PLEASE listen all the way to the end, where she explains the benefits of such … Read more
Google admits to interfering in the US elections in new leaked documents
by Sheilaaliens I was going over the new documents that were leaked by Project Veritas from a Google Insider when I came across this little gem*.
I am combing through all the Epstein files. You asked for it. Here it is. PART 2 – The next 300+ page breakdown.
by pinner52 https://gofile.io/?c=lyoJKI here are a few things to look out for: Names of lawyers, associates to Epstein. Claims about Prince Andrews shady deals and friends. What the newspapers wrote at the time. How Giuffre got the job at Mar-a-Lago. Testimony from Fiancé at time, father and others Overall this dump is less salacious then … Read more
S&P About To Decline 14%, Catching Up With The Crude Oil Declines?
by Kimble Charting This chart looks at the performance of the S&P 500, Crude Oil and the Yield on the 10-Year note over the past 4-months. Crude Oil has declined around 14% more than the S&P during this time frame. Yields have declined, even more, around 36%. The is a huge spread between these assets over this short of a time … Read more
Epstein Strangled? An ER Doctor Weighs In
Dr Kevin Wacasey – an ER doctor with 25 years’ experience – weighs in on reports that Jeffrey Epstein suffered multiple neck fractures. Did Jeffrey Epstein commit suicide? Was he strangled? The verdict is fairly clear… https://www.youtube.com/watch?v=nNItvSfzDxI
CRISIS In Italy – Economy On Brink Of DISASTER As Political Divide WORSENS
Josh Sigurdson reports from Florence, Italy on the existential crisis the country currently faces. From a technical recession, potentially negative interest rates, the banking system and the price of living skyrocketing to Salvini and the upcoming election that is causing much divide among the populace, it’s fitting as per usual that the largest problems mankind … Read more
Saturday protests: Yellow Vests Act 40 + HONG KONG and MOSCOW antigovernment protest – August 17th LIVE STREAMS
by Serkok Thousands gather in the streets of Hong Kong to protest against the government. The march is expected to take place in Kowloon, the city’s most populous area. The protest is one among many that have seen demonstrators gather since the end of March against a government proposed legislative amendment which could enable Hong Kong to consider extradition … Read more
How SAD! Knowing What These College Kids Just Signed A Petition For Will Make Your HEAD EXPLODE
https://www.youtube.com/watch?v=i0U3ZAgYPNU In Campus Reform’s latest video, Campus Correspondent Ethan Cai asks students at George Washington University if they’d be willing to sign a petition calling for banning the iconic white stick figure in “walk” signals because they are “oppressive.” Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/its-come-t…
Asynchronous Collapse Created By Central Banks To Accelerate the Next Phase
This is intentional. All that we see is part of a show. A movie. The actors, much like in the Truman Show, Jim Carrey was unaware he was in the middle of it but he played the part and things moved along. Today we have the suits and ties, they distract from reality. They fill … Read more
Top Forensic Pathologist ONLY 1% of Hanging Deaths Resulted in Broken Hyoid Bone
by Natura Naturans Top Forensic Pathologist Cyril Wecht: ONLY 1% of Hanging Deaths Resulted in Broken Hyoid Bone — Like What Epstein Had Dr. Wecht, who is a doctor and lawyer, told Kennedy a Montreal study found only 2 of 239 hanging death resulted in a broken Hyoid bone — or less than 1% of those … Read more