Breaking news, updates, and reports on current events.
by DCG A new law has gone into effect in Washington State where employees have monies deducted from their paychecks to pay for paid family medical leave. Employers also kick in some money into the insurance program. The state is collecting monies a year in advance; benefits won’t be available until 2020. About the program … Read more
by Richard Rosso Bear markets characteristically align with economic contraction. In his seminal tome – “Anatomy of the Bear – Lessons from Wall Street’s Four Great Bottoms,” which should be required reading for advisors and professional investors, author Russell Napier provides comprehensive analysis of market where stocks cycle from overvalued to undervalued (14 years on average) coupled with … Read more
From the Texas Tribune: Law enforcement leaders say civil asset forfeiture is a necessary tool for fighting crime, but several lawmakers see it as a violation of Americans’ civil liberties. Texas legislators are poised to take up the issue once again in 2019. In February 2016, prosecutors in Houston filed a lawsuit against a truck: State … Read more
by Harry Dent of Economy & Markets Bubbles ultimately die of their own extremes, although it always helps to have a trigger like the subprime crisis in 2006. But the San Francisco area takes the cake when it come to the U.S. real-estate bubbles! (That Canadian honor goes to Vancouver and in Australia it’s Sydney and Melbourne.) And … Read more
For news consumers, 2018 was the year that the US media went into Trump hysteria overdrive, repeatedly and erroneously predicting his imminent downfall. RT plunged headfirst into a year’s worth of Trump obsession. Within three months of Donald Trump’s inauguration, important people on television were already forecasting the president’s resignation over the still unproven allegations … Read more
Since 2015, the proponents of neoliberalism have been pushing ahead with their plans for open borders and globalist agenda without the consent of the people. The last 365 days saw that destructive agenda greatly challenged… The Financial Times’ ‘person of the year’ award.. was bestowed upon the billionaire globalist, George Soros, who has arguably done … Read more
Elizabeth Warren Tweets Message to Americans Without Pay Due to Democrat Shutdown: I’m Sending Money to Refugees Instead of You Elizabeth Warren Verified account @SenWarren Over 7,000 people in Massachusetts have been sent home or are working without pay during the #TrumpShutdown. Until @realDonaldTrump re-opens the government, I’m donating my salary to @HIASrefugees, a nonprofit … Read more
by Ruby Henley Jack Burkman tweets the following – “The sudden death of my friend 26 year old Bre Payton is beyond strange. She dies just after breaking the story of DOJ wiping the Page-Strozek emails. The Profiling Project may open a major investigation.” 8:22 AM – 2 Jan 2019 https://twitter.com/Jack_Burkman/status/1080499698744680448?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1080499698744680448&ref_url=https%3A%2F%2Fnewspunch.com%2Fjournalist-exposed-mueller-wiping-anti-trump-texts-dead%2F I am not accusing … Read more
Via @GregMannarino Interest in “bear market” as per @Google Search Trends much higher than GFC-era @SoberLook pic.twitter.com/eZSwBviRLs — Liz Ann Sonders (@LizAnnSonders) January 3, 2019 Systemic Risk is coming. https://t.co/59tmXKgBoM — Paranoid Bull (@paranoidbull) January 2, 2019 What a difference a year makes (ISM Commentary) pic.twitter.com/U9rOUAjQYn — Bespoke (@bespokeinvest) January 3, 2019 Manhattan real-estate had … Read more
UST10Y 2.5692 pic.twitter.com/Ho3ihk5AFR — Alastair (@StockBoardAsset) January 3, 2019 CNBC panicking pic.twitter.com/SXGG3oMNS9 — Alastair (@StockBoardAsset) January 3, 2019 ISM finally catches down to PMI pic.twitter.com/DM3K4O2Ltt — zerohedge (@zerohedge) January 3, 2019 Manufacturing ISM Bloodbath: Largest Crash Since the Financial Crisis “Kiss the US economic recovery goodbye. Printing just days after both Chinese manufacturing surveys … Read more
by markyu007 Largest positive changes to net worth Jeff Bezos (Amazon): +$24 billion Lei Jun (Xiaomi): +$8.6 billion Colin Huang (Pinduoduo): +$6.9 billion Largest negative changes to net worth Georg Schaeffler (Schaeffler Group): -$13.6 billion Amancio Ortega (Zara): -$16.6 billion Mark Zuckerberg: -$19.9 billion https://www.bloomberg.com/news/articles/2018-12-31/here-are-the-world-s-biggest-billionaire-winners-losers-of-2018 FYI: Those latter two on the largest … Read more
via CNBC: Shortly after Apple slashed its revenue guidance for the first quarter, Goldman Sachs said the iPhone maker will likely have to bring down numbers for the full year. As those results drop further, so will the company’s shares, the firm said. “We see the potential for further downside to FY19 numbers depending on … Read more
Following the worst year for stocks in a decade, Philip Kennedy sees a massive stock market decline in the next 18 months. Kennedy thinks the stock market has hit a high and it’s down from here. When the crash occurs, he sees the Dow/gold ratio falling significantly. It’s about 20/1 right now. He says it … Read more
by axolotl_peyotl This article argues that there is a pernicious and pervasive myth that the “left” is “anti-war” when in fact they are just as hawkish and genocidal as the neocons on the “right.” This propaganda was at its peak during the 2000’s and the illegal, immoral and genocidal occupations of Iraq and Afghanistan: In … Read more
You must watch this. I have never in my life witnessed something so lucid. Tucker Carlson just keeps getting better and better. His humility is where the power is there. We need a results-based system, not a bunch of “values and principles” gibberish. Let us all ask: why is Sheryl Sandberg saying these things she … Read more
by Dr. Eowyn “Every nation has the government it deserves.” – Count Joseph-Marie de Maistre (1763-1821) Today is the first day of the 116th United States Congress. Last November, American voters saw fit to elect a majority of Democrats to the House of Representatives. As a demonstration of the House majority Democrats’ priority, their first … Read more
Banks can arbitrarily unperson you : The story of Patreon censorship reveals Banks and Credit Card companies exerting direct control over social media platforms (and the rest of our lives). via thepostmillennial: In a video released on January 1st, 2019, Dr. Jordan Peterson and Dave Rubin announced that they would both be walking away from Patreon, following the … Read more
https://civiqs.com/results/ryan_favorable?annotations=true&net=false&uncertainty=true Seems about right for a Deep State hack that serves the system rather than the constituents. Can’t wait to see CNN dig their hole deeper by adding him to their roster. h/t MingTheCat
From Jeff Clark, Editor, Jeff Clark’s Market Minute: The bull market died on Monday. That shouldn’t be a surprise to most folks. The bull was on life-support for the past two months. And it was just last month when we warned that the bear was headed our way. Longtime readers know I use the 20-month exponential moving average (EMA) line … Read more
by Fabius Maximus Summary: Just as with France’s Yellow Vests, Americans are becoming dissatisfied with their political parties. Articles in the Black Agenda Report, like this one, describe the Left’s unhappiness. This might be the first step to breaking the current alliances – and a new politics for America. “Freedom Rider: Elizabeth Warren and the Trap for … Read more
By Doug “Uncola” Lynn via TheBurningPlatform.com You can’t stop what’s comin’. It ain’t all waitin’ on you. That’s vanity. – “No Country for Old Men”, 2007, Miramax Films It’s a new year and time for new beginnings. But what does it mean exactly? Of course, it’s about time. I mean, that’s the answer. It is, truly, about time. … Read more
This is from alternative journalist Jimmy Dore. For some reason the left wing socialist types really threaten the power structure. But on the other hand the right claims socialism is being pushed in textbooks and all that. Hard to sort through who the real threats are. This one is about Bernie Sanders and the British … Read more
A national housing crisis is brewing. What actions can policymakers taketo head it off? Housing is sputtering. Home sales, home-building and homeownership have gone flat, and the rise in home prices threatens to stall out. Things aren’t likely to get better soon, particularly for lower- and middle-income households struggling to make the rent and become … Read more
by howmuch One of the most underappreciated problems facing the global economy right now is the ever-increasing rise of national debt, and the potential for investors to lose faith in a country’s ability to ever repay its obligations. Gross Domestic Product (GDP) measures the total value of the goods and services produced within a country … Read more
via MarketWatch: Nancy Davis, the chief investment officer and founder of advisory firm Quadratic Capital, garnered attention back in October 2017 when she predicted that a preternatural period of placidity in the stock market was about to come to an ugly end. Four months later, it did, in spectacular fashion. Then, amid renewed ebullience over technology and internet-related … Read more