Breaking news, updates, and reports on current events.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter On Tuesday, the US KBW Bank index, which tracks the largest 24 US banks and serves as a benchmark for the banking sector, dropped 1.2%, the fifth day in a row of declines, to the lowest close since September 7, 2017.The index is now back where it had been on December … Read more
(Bloomberg) — President Donald Trump urged the Federal Reserve not to proceed with an expected interest-rate increase when it meets next week, continuing his public campaign against further rate hikes. “I think that would be foolish, but what can I say?,” Trump said in an interview with Reuters at the White House on Tuesday. Trump … Read more
https://www.youtube.com/watch?v=-OUpYBJGw8E GOP launches new effort to expose Clinton Foundation https://www.youtube.com/watch?v=fAkiS…
NEW YORK (Reuters) – The growing ranks of stock market Eeyores now have another reason to stay glum: Next year’s profit picture is darkening fast. Corporate earnings forecasts are eroding as the tailwind from the tax cut fades and as investors worry the U.S.-China trade dispute could upend global commerce more than it already has. … Read more
via Marketwatch: Where you live in the United States makes a difference when it comes to paying off credit card debt. It takes the average New Mexico household nearly twice as long to pay off their credit-card debt as it does households in Massachusetts, according to a new report from CreditCards.com. New Mexico had the … Read more
The Next Recession: Europe could ‘infect us’ says Richard Fisher from CNBC. via CNBC: Richard Fisher is a senior advisor at Barclays and was president of the Federal Reserve Bank of Dallas from 2005 to 2015. He says the economy “is having the longest period of expansion since the Civil War” and expects that to … Read more
by Thinker Only the “TRUTH” will set the people free… Senate Judiciary Committee chairman Chuck Grassley of Iowa wants answers pertaining to the FBI’s raid on the home of a Uranium One whistleblower. Robert Mueller’s role in the Uranium One scandal is a big deal as the Deep State War players are scrambling for ground … Read more
by Thinker Pentagon lawyers designing historic military tribunals to try terrorists are poring over history books and legal tomes for guidance. While U.S. law permits the executive branch to design the commissions with few restrictions, even with little regard to precedent, officials drafting the rules are reportedly keeping history in mind. America has a long … Read more
https://www.youtube.com/watch?v=YdyEJonEoy8 The Deep State is in Deep… https://www.youtube.com/watch?v=Zq5MUOsl714 https://www.youtube.com/watch?v=QhOSCFk9VRU AC
https://www.youtube.com/watch?v=cBso0-tP8gE
by zerton Many positions in the Canadian government require bilingualism (French and English). Because bilingualism is something difficult to attain (monetarily and time-wise) by the country’s native English speakers, a elite class of upper income English speakers and Quebecois now rules the country. The system is inherently biased against native English speakers as acquiring fluency … Read more
I don’t personally like Gavin Mcinnes, but it alarms me the pace at which people are being deplatformed and how normalized it is becoming. Just a few months ago this behavior wasn’t commonplace, and all the major firms are acting in unison. Is this the end of free speech? In the past few months major … Read more
by OB1_kenobi In a healthy society, the law serves the people. It reflects their will and serves their interests. In a sick society, the people serve the law even when it reflects the will and interests of the few.
Australia’s economy is heavily reliant on real estate. Perhaps not as much as Canada but it’s certainly a big component as households rely on excessively leveraged home ownership schemes to buy ever-increasing real estate. The average household is unable to afford their current lifestyle because the debt has become so excessive. In the recent past, … Read more
Joseph Curl for the Daily Wire reports, Sen. Elizabeth Warren just can’t catch a break. Now, even her hometown newspaper is suggesting that maybe she should just forget about a run for the Democratic presidential nomination. https://www.youtube.com/watch?v=vOhceAaqtCo Read More/Source/Credit/FairUse: https://www.dailywire.com/news/39146/…
Daily Wire reports, According to the sportsbook BetOnline, the odds of President Trump being reelected are heavily in his favor. Trump is the only candidate on the list given by the sportsbook where the odds favor his winning the presidency, at 7-5. The next most likely candidates are Senator Kamala Harris (D-CA), and current flavor … Read more
Europe insists that the BREXIT deal will not be renegotiated, it is either the people take the EU deal or else. Australia is warning of a housing crisis. World’s largest cleaning service ISS is now laying off 100,000 employees, they number of employees has been declining for years. Trump reports very productive talks with … Read more
by Troy With the S&P 500 down so far in December, some investors and traders are asking “where’s the Santa Claus Rally”? But as I explained in our comprehensive guide to the stock market’s seasonality, the stock market doesn’t always go up in December (even though December is historically the stock market’s best month). Seasonality factors are … Read more
by Martin Armstrong QUESTION: Mr. Armstrong; your explanation of Cohen’s plea is the most authoritative I have read. In other words, even Comey violated this statute by coming out to exonerate Hillary during the election since that was something of value and was intended to influence the election. Didn’t Obama try to influence the elections … Read more
by ogordained UNITED STATES Futures are indicating some relief at the opening bell with the S&P, NASDAQ, and DOW all up slightly Trump said he would intervene in the criminal case against Huawei’s CFO if it would help get a better trade deal with China The NFIB Business Outlook for General Business Conditions fell to its lowest level since the morning of … Read more
Broward commissioner on elections will do an audit. Nadler pushes the campaign violation, it was not a violation. Obama was fined for a violation in 2013, Trump’s occurred before he was running. Trump tweets out that Comey knew the dossier was paid for by the D’s.Jim Jordan grills Google. Yellow vests reject Macrons concessions. Q … Read more
by Raúl Ilargi Meijer Wilhelm Trübner A Gorgon‘s head 1891 The news still isn’t the news, and I’m getting afraid it never will be again, because not the news just simply sells so much better than plain old real events. Maria Butina suddenly popped back into the public eye, because she was either charged with something or … Read more
via @RJPartington The storm clouds of the next global financial crisis are gathering despite the world financial system being unprepared for another downturn, the deputy head of the International Monetary Fund has warned. David Lipton, the first deputy managing director of the IMF, said that “crisis prevention is incomplete” more than a decade on from the last meltdown … Read more
By Rodney Johnson The markets peaked in early October, and since then something remarkable has happened. Investors have lost their drive to buy-the-dips! Instead, we’ve transitioned to sell-the-pops, and that’s not a good sign. For decades, investors typically drive stocks higher after a week of losses, treating such pullbacks as a chance to buy good companies at a discount. … Read more
by Amy S. According to CIA economic experts Jim Rickards & Gerald Celente , a “25-year Great Depression is about to strike America.” This isn’t some crackpot figure claiming there will be a 25 year depression, but a prominent investment banker, hedge fund manager, and CIA insider. Rickards has also helped track down terrorist insider trading … Read more