Breaking news, updates, and reports on current events.
by Charles Hugh-Smith The irony, of course, is that only those punters who sold on the way up will escape the devastation of the collapse into a bidless “market.” All I want for Christmas is an unmanipulated market, because manipulated markets always crash big and crash hard. Virtually every market in America is heavily manipulated by … Read more
Buy a 2.5 million dollar house even though you’re an unemployed crackhead using this one simple trick! via nypost: Recovering crack addict Hunter Biden owns a home in one of the swankiest neighborhoods in America, it was revealed Monday. The son of former Vice President Joe Biden shares a ZIP code in the Hollywood Hills with celebrities such … Read more
Think of all the calls that Mike can have made once he imprisons all of America’s gun owners. Mike Bloomberg Exploited Prison Labor to Make 2020 Presidential Campaign Phone Calls. FORMER NEW YORK CITY mayor and multibillionaire Democratic presidential candidate Mike Bloomberg used prison labor to make campaign calls. Through a third-party vendor, the Mike Bloomberg … Read more
By Arthur Berman Every price rally of 2019 has ended in tears. The latest will probably end similarly. It is based on hope that ending the U.S. – China trade war might improve the economy and oil demand. It is also based on belief that yet another OPEC+ production cut will make a difference. In … Read more
By Genscape For those who grew up in New England, single-digit temperatures, snow squalls, and icy roads are nothing outside the ordinary. With at least six days last year averaging colder than today’s forecast, it seemed almost impossible that gas prices would break last season’s record. Accompanying this week’s cold was a combination of factors amounting … Read more
by Lance Roberts Last week, I posted our 2020 Outlook, which focused on the futility of trying to predict the future and the understanding of the current market risks headed into the next decade: “The reality is that we can’t control outcomes. The most we can do is influence the probability of certain outcomes through the management of risks, … Read more
via ammo: Following the attacks of September 11th, Congress passed the Aviation and Transportation Security Act (ATSA), creating the Transportation Security Agency (TSA). The TSA replaced private security screening companies with one government agency. Since then, air travelers have bowed to pat downs, bans on water bottles and other inconvenient, intrusive procedures as the “new normal” at our nation’s airports. … Read more
via mishtalk: China is fighting “abnormal” cash flows. It’s not surprising in the least. Record Capital Flight Please consider Money has been leaving China at a record rate. Beijing is battling to stem the tide Money was leaving the country at a record clip earlier this year through unauthorized channels, according to analysts. That’s bad news for … Read more
The Democrat debates are showing Americans just how small and weak the candidates are. None of these losers stand a chance against President Donald Trump!
It really is an outstanding letter. Josh reads it aloud.
https://www.thegatewaypundit.com/2019/12/tom-fitton-if-anybody-goes-on-trial-in-the-senate-it-should-be-adam-schiff-and-his-cohorts-video/
by bbennett36 I know most people don’t know the truth about The Federal Reserve. The truth is the people that the dems allowed to create the Federal Reserve were the same bankers that controlled the money in Europe. They sold America to them on a silver platter. That single event led to all of the … Read more
by CRESCAT CAPITAL Download PDF Version The highly probable and downright inevitable unwind of today’s trifecta of financial asset bubbles: stocks, corporate credit, and Treasury bonds may soon morph into brutal bear market. The end game is unstoppable in our view and approaching fast. The Fed is between a rock and a hard place. It has … Read more
Even in San Francisco: From a brand-new glitzy zombie mall to innumerable vacant storefronts. By Wolf Richter for WOLF STREET. Mall investors have long denied it. But year after year, ecommerce has been eating up brick-and-mortar retail sales, in the third quarter faster than ever, and in the fourth quarter, according to early indications, even faster. Turns out, ecommerce … Read more
by Charles Hugh-Smith Geopolitics has moved from a slow-moving, relatively predictable chess match to rapidly evolving 3-D chess in which the rules keep changing in unpredictable ways. A declining standard of living in the developed world, declining growth for the developed world and geopolitical jockeying for control of resources make for a highly combustible mix … Read more
by DCG Merry Christmas Eve! The most read article on SF Gate late Sunday evening was the story with the above headline. Excerpts from their story: “After three years in office, President Donald Trump has remade the federal judiciary, ensuring a conservative tilt for decades and cementing his legacy no matter the outcome of November’s election. Trump nominees … Read more
Have you ever wondered why CNN is the only program played on the TVs at most of the major airports throughout the US? It’s not because CNN is preferred by frequent flyers. CNN pays @ $6 million per year to 58 different airports to show their fake news propaganda. https://www.youtube.com/watch?v=LF6uAFdMvbk&feature=emb_title CNN Pays Airports $100,000 Each … Read more
SAN FRANCISCO (AP) — A new cafe culture is brewing in the San Francisco area, where a growing number of coffee houses are banishing paper to-go cups and replacing them with everything from glass jars to rental mugs and BYO cup policies. What started as a small trend among neighborhood cafes to reduce waste is … Read more
by Matheus Vieira via Mises Although we Latin Americans thought Chile was immune to populism, small protests have grown into the largest ones since the nation’s re-democratization in the 90s. Initially, the protestors were groups of students complaining about a raise in the Santiago subway fare — an increase of 3.75 percent or about five US cents (which … Read more
