On Wire

by sundance Last Wednesday night the arrest of a key political organizer of the Yellow Vest protests, a 33-year-old truck driver named Eric Drouet, spurred the movement to claim French President Macron was now arresting his political opponents. The arrest of Drouet has led to an increase in retaliation by the group against the French government. [Video from … Read more

https://www.youtube.com/watch?v=Ca5YgK3P4rk That’s because 63% of Americans threw out their televisions!! Along with their Television “PROGRAMMING”!!     Jim

RT, Released on 1/5/19 Dan Collins of TheChinaMoneyReport.com predicts 2019 can possibly, at long last, be the year in which the Chinese economy actually does fall apart. Many big names in finance have predicted it over the past decade, but Dan thinks the corporate and household debt may finally catch up with the economy. Will … Read more

by Lance Roberts New Year Starts With A Rally Sector & Market Analysis 401k Plan Manager New Year Starts With A Rally Last week, I discussed the potential for a rally as we head into the New Year based on both the more extreme levels of short-term oversold conditions coupled with the statistical tendencies going back to … Read more

by Hollywood Rob Many of us don’t have the time to dig deeply into the machinations of the globalist slime.  It is too hard.  It is too much work.  But some of us manage to focus for long enough to find out what is going on and at least for now, we can see what they … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is a very cyclical business.  In December, orders for new Class-8 trucks — the heavy trucks that haul the products of the goods-based economy across the US — plunged by 43% from a year ago, to just 21,000 orders, the lowest since August 2017, and down by 60% from August … Read more

by nealosis I was reviewing all the defaults and charged-off loans in my Lending Club portfolio earlier today and it just makes my blood boil. ​ For Example consider this borrower, who stole $40K and faces zero consequences https://imgur.com/a/a02FQ9f ​ Seems like you can create a massive bump in your income by taking out huge … Read more

I can't believe anyone trusts the ratings agencies at all. pic.twitter.com/DwhNXVXBxX — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) January 5, 2019 The one chart government does not want you to see pic.twitter.com/MtAKt19iXA — Alastair (@StockBoardAsset) January 5, 2019 Average rating of US investment-grade debt market has deteriorated sharply in recent years, with triple B rated … Read more

Authored by Steve Stretsky via VanCityCondoGuide.com, The correction in the Vancouver condo market is now fully underway after prices peaked at the beginning of 2018.  This should really not come as a surprise given how weak the detached housing market has been for nearly 2 years, and considering the tightness in the mortgage lending space. … Read more

by Geoffrey Grider China has developed and tested a new aerial bomb, dubbed the country’s answer to the ‘Mother of All Bombs’ built by the United States. Military experts said the Chinese bomb could eliminate fortified ground targets The Chinese military is growing at an astonishing rate of speed, and that, matched with the increased military buildup … Read more

by Martin Armstrong   President Donald Trump on Friday said he has considered using emergency powers to build a wall along the U.S.-Mexico border. The press has been saying that he could declare a national emergency to redirect money from the Defense Department or other sources to fund the wall. However, Obama used funding that was granted by … Read more

today president trump press conference lasted an hour or so and he talked about trump government shutdown and his meetings with nancy pelosi and chuck schumer he also talked about trump border wall and trump wall and the wall we need on our southern border and what he would be willing to do to get … Read more

by sundance Earlier this week DHS Secretary Kirstjen Nielsen was planning to deliver a border security briefing to leaders of congress.  After announcing they did not want to gain national security information that was adverse to their political interests, Democrat Speaker Nancy Pelosi, Majority House Democrat Leader Steny Hoyer, Democrat Senate Minority Leader Chuck Schumer and … Read more

Protesting on the weekends, the French people have been voicing their oppostion. The protests started in December. https://youtu.be/3dZcE9Nst7c Here’s another livestream that’s running right now. – https://www.youtube.com/watch?v=G0WFOJAFulA Feel free to add any other livestreams you find.   h/t xleb1  

House Speaker Nancy Pelosi said she would donate one dollar to help build the border wall during a recent press conference, — so Brian Kolfage, a triple-amputee Veteran and founder of the border wall GoFundMe decided to head down to the U.S. Capitol to collect. When it comes to raising money every dollar counts.   … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But average transaction prices rise to record highs. In terms of new-vehicle sales in the US, 2018 was the third relentless down-year in a row for three of the four biggest automakers, GM, Ford, and Toyota. For them peak sales occurred in 2015. GM delivered 2,954,037 vehicles in 2018, down 1.6% … Read more