by Shaun Richards One of the features of modern economic life is the way that central banks have expanded their operations. In a way that development is a confession of failure ( as why are new policies requited if they …
by Tom McClellan We saw a really high degree of bullishness back in January 2018, when the U.S. stock market was making a big blowoff top. Since then, the major averages have struggled to move higher, and so has bullish …
by stockboardasset Last Friday’s report on US economic growth drove President Donald Trump to Twitter for yet, another victory lap after it showed gross domestic product grew at a 4.1 percent annual rate — the quickest in nearly four years. However, …
by Thinker WASHINGTON. Continuing our previous discussion of corporate virtue-signaling and anti-First Amendment censorship, here’s a verifiable fact. Substantial numbers of Trump supporters, bedrock conservatives and variously-flavored Republicans are bailing on both Facebook (symbol: FB) and Twitter (TWTR). That is, …
by Egon von Greyerz The Sword of Damocles is hanging over the world economy, held only by a single hair of a horse’s tail. With such visible danger, the problem could have been fixed easily by either using a gold …
h/t @dlacalle_IA Everyone keeps blaming the inexistent trade wars for widespread market corrections instead of the obvious: Monetary stimulus saturation, excessive valuations and Fed balance sheet reduction. $14bn this month Number of countries suffering a drastic reversal in fund flows rises …
by jessefelder With the FANG stocks faltering lately investors are starting to become concerned about their impact on the broader market. And there is certainly something to this. Statistically speaking, these market generals have become increasingly important to the broad market indexes recently …
via readynutrition: The worst financial disasters to affect an individual are often not due to the overall global economy and the bringing about of Armageddon. They are more personal and localized. We have a few tips to help you avoid financial …
by Geoffrey Grider New details have emerged revealing that George Soros helped prop-up Democratic socialist Alexandria Ocasio-Cortez’s political career in an attempt to put 400 Bernie Sanders-like politicians in Congress. Well, that didn’t take long. As the fake news media has been gushing and …
by Dr. Eowyn Ben Morgan reports for the Evening Standard that on July 30, 2018, the UK’s Supreme Court ruled that in cases where families and doctors are in agreement, medical staff can remove feeding tubes from patients in a permanent vegetative state, …
From Frank Holmes at Frank Talk: When you think of the top 1% of all income earners in American households, how much do you think this group rakes in? Millions? Tens of millions? What about the top 10%? On the contrary, …
by Fabius Maximus Summary: The first news I see after my migration from San Francisco is wonderful, even inspiring. We have taken what I have long said is the first step on the road to political reform in America. It is …
June 14, 2018: >>The European Central Bank could decide to announce the end its quantitative easing programme on Thursday. >>Such a move would end years of post euro-crisis stimulus. >>The ECB is expected to argue that its €2.55 trillion ($3 …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Tesla never ceases to astound with its hype and promises and with its results that are just mindboggling, including today when it reported its Q2 “earnings” – meaning a net loss of $718 million, its largest net loss …
Thank you everyone who has supported me, stood by me and believed in me. Today I came home to my children for the first time in two and a half months and I couldn’t have done it without you. Thank …
by Michael Snyder Warren Buffett’s favorite indicator is telling us that stocks are more overvalued right now than they have ever been before in American history. That doesn’t mean that a stock market crash is imminent. In fact, this indicator …
by Michael Snyder Before televisions and computers were invented, Americans didn’t spend any time staring at television and computer screens. They worked hard, raised their families, personally interacted with their communities (remember that?), and generally tried to make the world …
by Chris Black If you want to take a glimpse into the future of our brave new multicultural world, i.e. what is going to happen to any country formerly dominated by “whitey”, look no further than South Africa. Also, I …
Renowned trends researcher Gerald Celente thinks even if the market does not crash, it will keep rolling along but at a slower pace. There are two big things, according to Celente, that could cause big problems. Celente says, “We definitely …
by Dr. Eowyn There is honor among thieves. Convicted felons serving time in jail still have a sense of right and wrong. In their hierarchy of crimes, pedophiles rank among the worst, which accounts for why they mete out their …
The second-half borrowing estimate of US$769 billion is the highest since US$1.1 trillion in July-December 2008 via scmp The Treasury Department predicted the US government’s borrowing needs in the second half of this year will jump to the most since …
via Sue Chang John Hussman, president of Hussman Investment Trust, describes himself as an economist, a philanthropist, and a “realist optimist often viewed as a prophet of doom” on his Twitter profile. That last bit may be the one investors care …
by visualcapitalist The interplay between technology and work has always been a hot topic. While technology has typically created more jobs than it has destroyed on a historical basis, this context rarely stops people from believing that things are “different” this time around. …
by Michael Snyder If the U.S. economy is really doing so well, then why is homelessness rising so rapidly? As the gap between the rich and the poor continues to increase, the middle class is steadily eroding. In fact, I recently gave …
by Thinker President Barack Obama made many promises while campaigning for office in 2008 and 2012, but very seem to actually be top priorities for the commander in chief. From closing the Guantanamo Bay detention facility to increasing government transparency, …
via confoundedinterest: (Bloomberg) — Short-end U.S. rates have been buoyed by a tightening of Federal Reserve policy and an increase in issuance, and the U.S. Treasury on Monday sold $51 billion of three-month bills at 2 percent, the highest rate for an auction of …
by Chris Black Watch liberal heads explode! President Trump has stated the obvious on Tuesday, just as Paul Manafort trial saw its first day in court: Collusion is not a crime. Indeed, that’s what normal people were saying since like, …
h/t @HayekAndKeynes Twitter down 27% in past 2 trading days, worst two-day decline since it went public in Nov 2013. $TWTR pic.twitter.com/pMLdr2d4xz — Charlie Bilello (@charliebilello) July 31, 2018 Peak Tech? peak-tech-mp4 Bet this number won't make the headlines… but it …
via Reddit: This is something I noticed right around the time I stopped working for Amazon a few years ago, and now that they’ve tumbled the tiniest bit I feel like sharing a fair warning for anybody paying attention. Amazon …
by Michael Snyder Thanks to crashing tech stocks, Americans have lost hundreds of billions of dollars in paper wealth over the past three trading days. As you will see below, we have just witnessed “the biggest market cap loss in …