Breaking news, updates, and reports on current events.
Seems like stock buybacks are really working wonders for the markets. Not to mention that insane level of QE that has flooded the system. Strong and robust economy? Or a dying economy supported by every possible method of stimulus? If the economy was strong and the markets were doing well, why do we need … Read more
Welcome back to New World Next Week – the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week: Story #1: New Jersey Wants To Tax The Rain https://bit.ly/2N3FWed Story #2: Scientist Cures HPV With Non-Invasive Method https://bit.ly/2RYcpmZ StartPage: Photodynamic Therapy https://bit.ly/2SuZ4rA … Read more
by Jesse Colombo My concerns about the U.S. automobile bubble are being confirmed. As Bloomberg reports: More Americans than ever are at least three months behind on their auto loans, a sign that the U.S. economy may have little growth left in the tank. The number of loans at least 90 days late exceeded 7 million at the … Read more
via Dagny Taggart A year ago today, Nikolas Cruz opened fire at Marjorie Stoneman Douglas High School in Parkland, Florida, killing seventeen defenseless students and staff members and injuring seventeen others. During the mayhem, a sheriff’s deputy was on the scene…hiding behind his vehicle. It was an event that probably could have been prevented, if the police, the … Read more
by Lance Roberts It is often said that one should never discuss religion or politics as you are going to wind up offending someone. In the financial world it is mentioning the “R” word. The reason, of course, is that it is the onset of a recession that typically ends the “bull market” party. As the legendary Bob Farrell … Read more
Good history on California’s ridiculous Bullet train. Went over budget from 33 billion to 80 billion projected. More information. It was and is a California train wreck The Politician Behind California High Speed Rail Now Says It’s ‘Almost a Crime’ Also the video talks of foreign bullet trains and how unprofitable they are and the … Read more
by Claudio Grass via Claudiograss.ch The latest numbers released by China’s statistics bureau fueled widespread concerns about the outlook of the global economy, as the Asian superpower reported its slowest growth rate since 1990. The figures showed a 6.6% growth for 2018, confirming the view that the growth engine of the world economy is running out of steam. … Read more
via silverdoctors: Oops, another country did it again! Italy thought it had some savings in real, physical gold, but as the oh-so-true saying goes, “if you don’t hold it… Italy has a crap-ton of gold. For all the flak Italy has received about its sovereign debt crisis, the truth of the matter is that Italy has … Read more
by Tho Bishop via Mises Wire Today Jerome Powell got out of the beltway and enjoyed some southern hospitality at Mississippi Valley State University, speaking at the Hope Enterprise Corporation Rural Policy Forum. Most of the Fed Chairman’s talk was dedicated to talking about how the Fed could the financial needs of rural areas, a questionable claim … Read more
$1,665,484,000,000: Feds Collect Record Individual Income Taxes in Calendar 2018–as Debt Climbed $1,481,349,159,596.80 (CNSNews.com) – The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for the year, which the Treasury finished publishing today with the belated release of the December statement. Calendar year 2018 … Read more
by Egon von Greyerz There are critical moments in time that can change history. This week I will talk about two lines which are extremely important, as these two lines will change the world for years to come. The first is a Chinese Gold Line which is linked strongly to China’s history. That line has an important … Read more
by Mac Slavo of SHTFplan In a new survey, a majority of small business owners think that another recession is coming, and soon. Over half of small business owners surveyed believe that the recession will happen in the next year. Likely using their business sense that made them successful and looking at the overall big picture (which is … Read more
by Martin Armstrong I wanted to write an obituary for a friend who I would go down to Capitol Hill to see – Walter Jones. He was a Republican but someone who would vote based upon what he believed was right and not simply because of party politics. Walter died and it was really a … Read more
by Martin Armstrong The politicians have a golden rule. When the courts prevent them from raising a tax, they call it something else to impose it. Massachusetts, the bastion of political Marxism, attempted to put on the ballot a new millionaire tax. That was rejected on constitutional grounds by the Supreme Judicial Court. So … Read more
by Shaun Richards Today there only is one topic and it was given a lead in late last night from Japan. There GDP growth was announced as 0.3% for the last quarter of 2018 which sounded okay on its own but meant that the economy shrank by 0.4% in the second half of 2018. Also … Read more
Retail sales drop the most since September 2009 U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018. The Commerce Department said on Thursday retail sales tumbled 1.2 percent, the largest decline since … Read more
Delta Air Lines flight 5763 experienced severe turbulence Wednesday afternoon It was forced to make an emergency landing in Reno, Nevada, after five passengers were injured when frightening turbulence hit at 34,000ft The flight was headed to Seattle, Washington, from Santa Ana, California Three of the injured passengers were taken to the hospital The National Weather Service had … Read more
I Love My Freedom reports, One would think that all of the backlash that Nancy Pelosi has received from her misquoting of the Bible would let her know that she really shouldn’t use the Bible to promote things that the Bible doesn’t promote. https://www.youtube.com/watch?v=dBD5P7UxgcY Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/nikki-hale…
by nathcun Source: World Bank indicator SG.GEN.PARL.ZS Tools: R, ggplot2, and the ggridges package.
by dwpeterson Article link: https://towardsdatascience.com/level-of-education-and-the-poverty-line-an-analysis-of-the-largest-us-cities-interactive-309e6c3e9f46 Dashboard Link: https://data.world/dwpeterson/poverty-in-the-united-states Tool Used: Tableau Public Data Source Used : https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?src=bkmk
by atc2017 The availability heuristic is a mental shortcut that relies on immediate examples that come to a given person’s mind when evaluating a specific topic, concept, method or decision (wikipedia). If this is so, are people more willing to invest if headlines are positive, and lessing willing to invest if headlines are negative? If … Read more
NASA’s “WALL-E” satellite has mysteriously gone silent after zooming past Mars and the government space agency isn’t sure why. The small satellite (known as a cube satellite or cubesat) is one of the first two to leave Earth’s orbit. The satellites have not communicated with the government space agency for more than a month, NASA … Read more
Kassy Dillon from The Daily Wire reports, On Tuesday, the notorious Mexican drug lord Joaquín “El Chapo” Guzmán was found guilty on all counts. https://www.youtube.com/watch?v=QLVi9zLsFAg Read More/Source/Credit/FairUse: https://www.dailywire.com/news/43394/…
Mass Immigration, Human Trafficking, and Slave trading – Foreign Policy Fallout (Link to article below) https://nationalpost.com/news/canada/…
You don’t need to watch much of this to see Republicans acting as level headed adults and Dems acting as Idiots. h/t supporter