MEANWHILE….ON CNN

https://twitter.com/MarkDice/status/1212211629573586944 CNN: DECENCY IS UNDER ATTACK IN TRUMP'S AMERICA!! HIS VULGAR TWEETS ARE HURTING OUR CHILDREN. Also CNN: Let's swap cock stories on live television during New Years! — Carpe Donktum🔹 (@CarpeDonktum) January 1, 2020

The Most Absurd PC Moments of the 2010s

Via National Review A lot has happened in the last decade — including a lot of things being called racist, sexist, offensive, or insensitive. Here, in no particular order, are 24 of the most absurdly politically correct moments of the decade: 1. A college diversity-training course taught that it was culturally insensitive to expect people to … Read more

Bob Moriarty: Beware the Stock Market

via 321gold While I happen to be a giant fan of the Daily Sentiment Index I also use a bunch of other signals. The DSI is the single best indicator I’ve found but there are dozens of other measures of investor sentiment. If you are a contrarian, you search constantly for some way of figuring out what investors … Read more

WHAT TO EXPECT IN EARLY 2020

by Chris Vermeulen of The Technical Traders The US stock market has recently rallied throughout most of the last year after the very deep downside price rotation in late 2018.  Our researchers believe there is a very high likelihood of this trend continuing in early 2020, yet we would need to see confirmation across various broader indicators before … Read more

Self-Healing Lithium Batteries Are On The Horizon

By Mining.com Engineers at the University of Illinois have developed an electrolyte that could help manufacturers produce recyclable, self-healing commercial batteries. In a study published in the Journal of the American Chemical Society, the researchers said that they have created a solid polymer-based electrolyte that can self-heal after damage—and the material can also be recycled without the use … Read more

The Most Splendid Housing Bubbles in America, Dec. Update

Prices fall year-over-year in San Francisco Bay Area & New York condo market. Seattle below June 2018. Chicago nearly flat year-over-year. Other markets lose steam. Phoenix, Tampa, Charlotte surge. By Wolf Richter for WOLF STREET. Powered by the innumerable millionaires and multimillionaires that the mega IPOs would be suddenly printing in 2019, home prices in the San Francisco … Read more

Earnings growth collapsed – basically all the fiscal injections and frontloading, or basically let’s call it a sugar high – is over

earnings growth collapsed – basically all the fiscal injections and frontloading, or basically let's call it a sugar high – is over – that's why trump admin has been begging for nirp, qe-4 and 5, and emergency tax cuts pic.twitter.com/MnjlBmrDxh — Alastair (@StockBoardAsset) January 1, 2020 This is a super interesting chart: normally one would … Read more

Student loan debt is super debt, even worse than a mortgage on your house,”…

As the cost of college continues to rise, student loan debt has reached an all-time high. The combination is putting a particularly troublesome pressure on borrowers, one expert says. “Student loan debt is super debt, even worse than a mortgage on your house,” Michael Calhoun, the president of the Center for Responsible Lending, said on Yahoo Finance’s YFi PM. Just … Read more

After its strongest year in a decade, Apple stock is historically expensive on a price-to-earnings basis

One of the more unique aspects of Apple stock has been the company’s historically low price-to-earnings, or P/E, ratio compared with its megacap tech peers. The P/E ratio has long been a key metric used on Wall Street to determine whether a stock is fairly valued. Apple’s P/E ratio steadily climbed this year alongside its … Read more

Progressive utopia of New York City is losing residents at an alarming rate

by DCG At the end of 2019 Mayor Bill de Blasio claimed that New York City Is ‘safest big city in America.” Demorats….delusional as always. Excerpts from the NY Post report: “New York is in a State of Decline. Despite the nation’s longest economic expansion, the Empire State is actually losing population, an analysis of US Census data released Monday … Read more

FAA Issues Ruling and Begins Investigation of Mysterious Giant Drones in Colorado and Nebraska

https://mysteriousuniverse.org/2020/01/faa-issues-ruling-and-begins-investigation-of-mysterious-giant-drones-in-colorado-and-nebraska/ I’ve been in contact with the FAA regarding the heavy drone activity in Eastern Colorado and I’m encouraged that they’ve opened a full investigation to learn the source and purpose of the drones. I will continue to closely monitor the situation. — Cory Gardner (@SenCoryGardner) December 31, 2019 https://ijr.com/faa-probes-clusters-of-mysterious-drones-flying-over-colorado/ Most recently, the US Air … Read more

CHINA’S “economic colonization” of the AFRICAN CONTINENT is unsustainable….

Africa has become the fastest urbanizing region of the world, with rural migrants moving into cities a clip that has even surpassed that of China and India, as the continent becomes one of the final frontiers of the forth industrial revolution. This rapid transition presents big challenges but also offers big rewards for countries willing to risk … Read more

US Sends Australian-American Amphibious Force to Western Pacific for Countering China Ambitions

US Sends Australian-American Amphibious Force to Western Pacific for Countering China Ambitions The U.S. and Australia should establish a combined amphibious force including 2,000 Marines and a similar number of sailors based in Darwin, Australia, to build regional support for countering China’s ambitions in the western Pacific, according to a former Marine colonel. Grant Newsham, … Read more

‘Assange said, I’m slowly dying here’ – Friend recounts Christmas Eve call with WikiLeaks founder!

‘I’m slowly dying here’: ‘Sedated’ Assange tells friend during Christmas Eve call from UK prison as health concerns mount. Julian Assange sounded like a shell of the man he once was during a Christmas Eve phone call, British journalist Vaughan Smith told RT, noting the WikiLeaks founder had trouble speaking and appeared to be drugged. … Read more

Where Adults Spend Their Money

By Harry Dent Credit Suisse just came out with their excellent Global Wealth Report for 2019. I will likely do a more in-depth report in The Leading Edge earlier in the New Year. The focus is on wealth, but the income statistics are even more illuminating in this time of peak inequality. I especially like their comparisons per adult … Read more

Fed’s Fake Stock Markets

via zealllc The US stock markets soared in 2019, blasting to dozens of new all-time-record highs.  Euphoric traders attributed these massive gains to strong corporate fundamentals and US-China trade-war progress.  But the real driver of stocks’ astounding ascent was the Federal Reserve’s epic extreme easing.  A panicking Fed pulled out all the stops to goose and … Read more

China Banks Debt Bubble

#recession … China #Banks #Debt #Bubble edition https://t.co/62CcorCVn8 — Invariant Perspective (@InvariantPersp1) December 31, 2019 China #PMI "merely a continuation of this year's and last's dominant trend". pic.twitter.com/NtHI50FNe7 — Invariant Perspective (@InvariantPersp1) January 1, 2020

Latest venture capital barometer came out just awful, FHFA Purchases still in major deceleration mode, largest-ever VIX short continues unwind

  Losing its magic. Latest venture capital barometer came out just awful. Clearly suggesting further GDP deceleration. This industry is the poster child for the imbalances we see in this cycle. Loads of easy money fueling loss-making businesses at inflated valuations. pic.twitter.com/zpoPCsvDrL — Otavio (Tavi) Costa (@TaviCosta) December 28, 2019 Oct Case Shiller up a … Read more

Hussman Agrees With Powell: It’s Not QE4

by Mike Shedlock A debate over a sudden dramatic surge in Repos is raging. Is it or isn’t it QE4?   Organic Growth On October 9, Powell discussed “Organic Growth” of its balance sheet. “Going forward, we’re going to be very closely monitoring market developments and assessing their implications for the appropriate level of reserves,” … Read more