Electoral Alchemy: How the Democrats Create New Voters

by Spencer P Morrison, NEE Legend says a humble French scribe named Nicolas Flamel (d.1418) discovered the philosopher’s stone—the alchemical secret to physical transmutation. To immortality itself. After turning a half-pound of mercury into gold, fear consumed Flamel: what man could resist …

READ MORE

A CANVAS-Based Coup in Venezuela

by JamesColesPardon I, like many of you, have been paying attention to the world and know that something is going on in Venezuela. What is it? Who is Juan Guaido? Is he an interim president, or a so-called president? Why …

READ MORE

Dow Wow

by northmantrader The $DJIA got to within 3% of all time highs yesterday. Quite the feat from being down 20% off the highs just 9 weeks ago. Credit where credit is due: Jawboning works. From the Fed’s 180 turnaround on policy …

READ MORE

Synchronized slowdown? Worst restaurant data 25 years – worst retail sales in 10 years – housing sales collapsing – Auto delinquencies at 10 year high… So many CEOs leaving their jobs at the moment…

Remember "Synchronized Growth"? How about synchronized slowdown? Global Composite, Services and Manufacturing PMIs. pic.twitter.com/epid9Ll0JQ — Daniel Lacalle (@dlacalle_IA) February 26, 2019 Why are so many CEOs leaving their jobs at the moment? https://t.co/Q8fNWAXUjl pic.twitter.com/ckG3Ct4hgW — Financial Times (@FinancialTimes) February 26, …

READ MORE

Inventory Pileup Sounds Alarm for Goods-Based Economy

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics. Sales at merchant wholesalers (except manufacturers’ sales branches and offices) fell 1% in December 2018, compared to November, to $497.2 billion …

READ MORE

JPMorgan: “Unique Macro Environment” Calls for Unique Asset Solution, so Buy Gold… MarketWatch: “Gold Will Keep Rising — Here Are 13 Ways to Profit From the Rally”

JPMorgan: “Unique Macro Environment” Calls for Unique Asset Solution, so Buy Gold “They like gold on the idea that the Fed will erode real yields to spur the economy, undermining the dollar.” Many assets have been labeled inflation hedgers in …

READ MORE

Possibly Worrying Wholesale Numbers. Falling Sales And Rising Inventories. Often A Precursor To Slower GDP Growth… Bloomberg: “If Central Banks Are the Only Game in Town, We’ve Lost”

🇺🇸Possibly worrying wholesale numbers. Falling sales and rising inventories. Often a precursor to slower GDP growth. pic.twitter.com/HoGyJReLEU — Mikael Sarwe (@MikaelSarwe) February 25, 2019 BUFFET: ECONOMY SEEMS FINE RIGHT NOW pic.twitter.com/FW9gskjHCE — Alastair (@StockBoardAsset) February 25, 2019 This trade deal …

READ MORE