Breaking news, updates, and reports on current events.
by Martin Armstrong The results of my life research, reading every newspaper story going into the bull market of the Roaring ’20s and the Great Depression revealed that before the high in 1929, when interest rates were rising, people interpreted it as BULLISH for it demonstrated that there was STILL a demand for money. Indeed, interest rates decline … Read more
by Shaun Richards As we travel the journey that is the credit crunch era we pick up some tasty morsels of knowledge along the way. Some were provided by Mario Draghi and the European Central Bank yesterday which announced this. we decided to launch a new series of quarterly targeted longer-term refinancing operations (TLTRO-III), starting … Read more
by visualcapitalist As of 2018, there is a grand total of 198,342 ultra high net worth individuals (UHNWIs) globally with assets over US$30 million, according to the most recent edition of Knight Frank’s Wealth Report. Although these millionaires and billionaires can be found all over the globe, the reality is that most of the world’s ultra-rich population … Read more
By Robert Rapier Last week I wrote an article — Water Is Not A Fuel — discussing a press release I had received from Australian-Israeli startup Electriq~Global. As I noted in that article, it wasn’t my intent to criticize the company’s technology, but rather to explain how a person should approach these sorts of press releases. In general, one should apply … Read more
Google tells users to update the browser immediately due to a disruptive bug The bug is more dangerous as it targets Chrome directly not third party apps One bug was fixed but Google won’t reveal the full effect of the loophole yet Users must also actively reboot their computers in order to expel the flaw … Read more
by WARREN MOSLER It will take another few months to know if this is just ‘noise’ or it’s about to go negative. If you average the last two months, for example, it’s about 165,000 each: Highlights Averaging extremes is good advice to find an underlying path and February and January payrolls are an immediate example. … Read more
The US Government has been scorned for lifting its ban on experiments to engineer deadly bird flu which could infect humans. Research into the viruses will soon be allowed to carry on, despite experts warning people could die if the pathogens break out of laboratories. Here is the link: US government approves experiment to create … Read more
By Tom Kool Oil prices sold off on Friday on weak data from China, poor jobs figures in the U.S., and news that Norway’s sovereign wealth fund was divesting from the oil sector. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click … Read more
by sundance The push-back begins. Today, Representative Doug Collins spoke on the floor of the House of Representatives and announced his frustrated intention to start releasing transcripts from testimony by DOJ and FBI officials who participated in an Obama-era conspiracy to weaponize the DOJ and FBI against their political opposition. This morning, I requested the link https://t.co/yA4Ig4L8at be placed … Read more
The EU is now giving the UK an ultimatum, take our deal or else. The job numbers are in and the BLS is reporting that less jobs were added to the economy than expected. Household net worth has declined, the top 10 percent has all the wealth. Trump says when the deal with China is … Read more
No need to “stop from calling them socialist”; they are that at the very least, and deserve to be called out right communists. LT
via thefreethoughtproject: FBI agents conducting undercover investigations have now been given the green light to impersonate journalists, the Justice Department determined last week — effectively legalizing the government’s most notorious propaganda program, Operation Mockingbird. Last Thursday, the Department of Justice Office of Inspector General published what’s become the subject of outrage for journalists, civil and constitutional … Read more
Paul Manafort is sentenced to 47 months behind bars. Trump says he refused Cohen’s pardon request. JW uncovers more docs that have to do with Ohr, Mueller and the Steele Dossier. Venezuela is hit with a power outage. Q drops more bread. The reflection in the pen could be POTUS. It’s happening, the senate is … Read more
by TFittonJW Good interview at CPAC with Epoch Times: My main presentation for CPAC with Rep. Devin Nunes and Byron York:
From Birch Gold Group The overall U.S. trade deficit ballooned to a record level of $59.8 billion by the end of 2018, reaching the largest deficit since October 2008. TradingEconomics.com explained that this gap widened in spite of “$250 billion in trade tariffs” placed on Chinese imports (see chart below): According to a CNBC piece, this record comes in … Read more
via abc7ny: CHICAGO — A Cook County grand jury has returned a 16-count indictment against “Empire” actor Jussie Smollett. The Cook County State’s Attorney’s Office confirmed the indictment, which they said was returned by a grand jury on Thursday. As Emily Zanotti of the Daily Wire tweets, the Smollett case isn’t over yet: “We are still waiting … Read more
By Irina Slav Norway’s sovereign wealth fund will exit all investments in oil and gas production acting on a government recommendation in line with a more cautious approach to energy investments by the world’s largest sovereign wealth fund worth about US$1 trillion. The move is bound to shake up the oil and gas industry as Norway’s fund … Read more
by Jesse Colombo Knight Frank’s latest annual Wealth Report just came out and is full of interesting data. What stood out to me, in particular, is the statistic that showed that the global billionaire population has approximately doubled since 2013, so I decided to chart it. In 2013, there were 1,140 billionaires around the world, there were … Read more
FOX News host Sean Hannity opened his Friday show with a stunning announcement– Sean Hannity: “The Deep State House of Cards — Mark My Words — It’s About to Come Crumbling Down” Sean Hannity: “Everything We’ve Been Revealing about the Deep State in Two Years Will Soon Have Very Serious Ramifications” https://www.thegatewaypundit.com/2019/03/its-happening-sean-hannity-the-deep-state-house-of-cards-mark-my-words-its-about-to-come-crumbling-down-video/ Fitton (Judicial Watch) … Read more
By Teresa van den Barselaar Since my first book, way back in the 1980s, I’ve warned that we’d see an Economic Winter Season between 2008 and 2023. And since 2008, it looks like I was way off. We weren’t clearly in a depression, although we did get the worst recession since the 1930s. In fact, … Read more
By David Stockman “Don’t Blame The Weather” Trader Warns “It’s Always Been The Economy, Stupid” Overnight headlines from China confirmed the global economic slump as exports crashed, and while excuse-makers are out in force this morning already (as US and Chinese stocks tumble), former fund manager and FX trader Richard Breslow warns, “don’t blame the … Read more
by DCG Al Sharpton approved. From Hollywood Reporter: CNN is facing calls to diversify its executive ranks from two prominent organizations that advocate for African-Americans, the National Association for the Advancement of Colored People and the National Association of Black Journalists. The broadside began on Tuesday, when the NABJ blasted the network, saying it is “concerned about the … Read more
by Dr. Eowyn Is this another false hope? A criminal referral or recommendation is a notice to a prosecutory body, recommending criminal investigation or prosecution of one or more entities for crimes which fall into that body’s jurisdiction. In the U.S. federal government, agencies that investigate crimes — including the House Intelligence Committee — typically refer cases to … Read more
by Ian Shilling Julian Assange has not committed any crime. Journalism and Publishing are NOT crimes. In fact they are specifically protected in the U.S. Constitution under the First Amendment as a prerequisite for a Free Society. The fact that Madison and the Founding Fathers felt it necessary to include the protection of the Free Press … Read more
Via Marketwatch Jeremy Grantham, an investor credited with predicting the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains. “In the last 100 years, we’re used to delivering perhaps 6%,” but the U.S. … Read more