Jerome Powell: “Let them eat stocks!!”

Jerome Powell: "Let them eat stocks!!" https://t.co/kUfaVbEwqG — Chris Martenson (@chrismartenson) June 29, 2020 The Fed’s Reckless Bailout Experiment The Fed’s latest policies should put the issue to rest. But this may be a very costly experiment. Federal Reserve Balance Sheet: 32.7% of GDP European Central Bank Balance Sheet: 47% of GDP. Bank of Japan … Read more

The Beatings Will Continue Until the Economy Improves

by John Mauldin You can’t live without making certain presumptions. You presume your car will start, your refrigerator will stay cold, and the lights will turn on when you flip the switch. In fact, you could argue this “predictability” is what separates advanced economies from primitive ones. Most of us don’t have to worry about … Read more

This Is a Perfect Long-Term Portfolio for Everyone

by Jared Dillian All my life, I’ve been in search of the perfect portfolio. One that grows a little bit every day, with almost no drawdowns and no volatility, providing a healthy return over risk-free US Treasuries. Is it attainable? Not really, though this is the goal of active money management. The big, multi-strategy hedge … Read more

Impossible Foods begins selling its meatless sausage to restaurants nationwide

https://www.cnbc.com/2020/06/29/impossible-foods-rolls-out-its-meatless-sausage-to-all-restaurants-nationwide.html Impossible Foods said Monday that it will roll out its meatless sausage to all restaurants nationwide. The meat alternative is already available at Burger King and Starbucks locations in the U.S. The coronavirus pandemic has accelerated consumers’ purchase of plant-based meats.

DOJ moves forward in stripping Big Tech of Section 230 protections

by: Ethan Huff (Natural News) In accordance with President Donald Trump’s executive order concerning Big Tech censorship, the Department of Justice has put forth new guidelines urging tech companies to more fairly “police” the content that passes through their digital platforms. Because several of Trump’s tweets have been “fact-checked” or removed in recent weeks, Attorney General William … Read more

A civil war has begun, but only one side is fighting: Soon, normal people across America will pick up rifles and defend this nation against Black Lives TERRORISTS

by: Mike Adams (Natural News) America is now in the midst of a civil war, but only one side is fighting… the anti-America side. The enemies of America are not merely tearing down statues, beating white people on the streets, torching local businesses, seizing city property and assaulting police, they are intent on overthrowing the United … Read more

The Market Is Facing A Historic Mess.

By Wolf Richter for WOLF STREET. Pending sales of existing houses, condos, and co-ops in May – these are contracts that were signed in May but didn’t close in May – bounced off the brutal pandemic low in April, but remained down 10.6% from February 2020 and down 5.1% from May 2019, according to the National Association of Realtors this … Read more

CLOWN WORLD: Judge Resigns After Using ‘Racist’ Term “Street Smart”

INSANE: Chief Federal Judge in Los Angeles Resigns After Using ‘Racist’ Term “Street Smart” A federal judge in Los Angeles resigned as chief judge after using the ‘racist’ term “street smart” to describe a black court official. Now the Marxists have decided that the term “street smart” is somehow offensive and racist. https://www.thegatewaypundit.com/2020/06/insane-chief-federal-judge-los-angeles-resigns-using-racist-term-street-smart/ Chief federal … Read more

Western IQs drop by 14 points in last century, study says

It’s not just you. People really are getting dumber, according to a new study. Research published online in the journal Intelligence on Thursday claims the IQ of people in Western nations has fallen by an average of 14.1 points over the past century. Study in link. https://www.pri.org/stories/2013-05-25/western-iqs-drop-14-points-last-century-study-says Big, if true… Q Range Classification 140 and … Read more