Act 4 of the Yellow Vest protest live.Just Started…. French Police Seize 28 Molotov Cocktails, 3 Explosive Devices Ahead Of Protests + Live Stream/Updates

https://youtu.be/kMN2TkDlhmM   “The French law enforcement agencies have seized 28 Molotov cocktails and three improvised explosive devices in the southwest of the country in the run-up to new “yellow vest” protests, according to a joint communique by the prefect of police of the Tarn-et-Garonne department and Montauban prosecutor. “Following the seizure of 28 Molotov cocktails … Read more

Study: the case for a medium term bounce, but why the long term risk:reward favors bears in 2019

by Troy Pay special attention to this post. While our technical market studies are more popular, fundamental (macro economic) analysis is far more valuable when it comes to predicting the U.S. stock market. We trade based on macro. We don’t trade based on technical analysis. I have now completed the initial version of the Macro … Read more

Gergory Mannarino: Six Banks In The Last Year Have Been Caught Red-Handed Rigging Gold

Gregory Mannarino interviewed by Greg Hunter on USA Watchdog The stock market has made wild swings this week. Gregory Mannarino from TradersChoice.net comes on in a special one-on-one interview to make sense of it all. Mannarino gives his analysis on stocks, bonds, interest rates, gold and silver. Is the market setting up to go higher or fall on its … Read more

Who Will Get The Blame For The Collapse?

via RonPaulLibertyReport Whenever you put government in charge, you get a big mess. That’s exactly what we have. President Trump campaigned against a “big, fat, ugly bubble,” and then took ownership of it. Big mistake. The Fed has twisted the economy into a Gordian Knot, and has painted itself into a corner. There will be a … Read more

Stephen Roach speaks with CNBC on China, Huawei and trade

CNBC, Released on 12/7/18 Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm’s chief economist, is a senior fellow at Yale University’s Jackson Institute of Global Affairs and a senior lecturer at Yale’s School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next … Read more

The ‘Everything Bubble’ has popped

by Chris Martenson Now that the world’s central banking cartel is taking a long-overdue pause from printing money and handing it to the wealthy elite, the collection of asset price bubbles nested within the Everything Bubble are starting to burst. The cartel (especially the ECB and the Fed) is hoping it can gently deflate these … Read more

TraderStef: Goldilocks Recession Is Right Around The Curve

by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) On the heels of the DOW plunging 800 points today on concerns over an economic slowdown, the bond market has been wagering on a recession by pricing in interest rate cuts that usually accompany a downturn. A flattening yield curve is not a forecaster of recession in and of itself, but it is a consistent … Read more

Ugly Week for Stocks: Bad Sign that Even the WSJ’s Mega-Effort to Reflate them Fizzled

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter FANGMAN down 10.4% for the week, down $1.12 trillion from peak. Apple plunges. This week was ugly for stocks in its own right, but it was particularly ugly because there was a major – and briefly very successful – effort by the Wall Street Journal to manipulate share prices higher. Tuesday … Read more

Bloomberg: “Titans of Junk: Behind the Debt Binge That Now Threatens Markets”

https://www.bloomberg.com/graphics/2018-corporate-debt/?srnd=premium Masayoshi Son and Elon Musk leveraged their dreams to the hilt. Patrick Drahi stockpiled debt to build a global cable empire. Michael Dell loaded his computer company with risky loans to buy out activists threatening his control. And a group of Chinese developers borrowed big to expand in the nation’s booming property market. Call … Read more

French Riots, China’s Growth Rate & Defensive Assets In A Declining Market – Danielle Park

Talk Digital Network, Released on 12/6/18 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney … Read more

1 in 2 U.S. adults has had a family member incarcerated

by Dr. Eowyn FWD.us calls itself “a bipartisan” political organization, founded by technology and business “leaders,” which believes that America’s “broken immigration and criminal justice systems have locked too many people out from the American dream”. According to Wikipedia: FWD.us is a 501(c)(4) lobbying group . . . that aims to lobby and advocate for its … Read more

“Panic-like selling” grips Wall Street as the economic numbers point to “a lot of unpleasant things that nobody wants to admit”

by Michael Snyder  Fear is spreading like wildfire on Wall Street, and on Friday we witnessed yet another wave of panic selling.  The Dow Jones Industrial Average fell another 559 points, closing at 24,389.  Previously I had warned that once we solidly broke through 25,000 that it could trigger an avalanche of panic selling, and that … Read more

Are We in a Recession Already?

via Charles Hugh Smith  The value of declaring the entire nation in or out of recession is limited. Recessions are typically only visible to statisticians long after the fact, but they are often visible in real time on the ground: business volume drops, people stop buying houses and vehicles, restaurants that were jammed are suddenly sepulchral and … Read more

Macron Heralds The End Of The Union

by Raúl Ilargi Meijer Paul Almasy Paris 1950  The concept of the EU might have worked, but still only might have, if a neverending economic boom could have been manufactured to guide it on its way. But there was never going to be such a boom. Or perhaps if the spoils that were available in boom times … Read more

Change Happens Fast

via northmantrader: NFP missed this morning and futures initially seemed positive on the news. Why? Because it gives excuses for the Fed to slow down their 2019 rate hike schedule. Still running negative real rates 10 years following the financial crisis we’ve seemingly gone from Janet Yellen seeing risk of the economy overheating to “Federal Reserve officialsconsidering whether … Read more

Employment, NYSE margin debt

by WARREN MOSLER Employment growth had been decelerating with the collapse in oil capex in Dec. 2014, but had started to accelerate with the initial impact of the year-end tax cuts, which now look to be fading: Highlights Sustainable non-inflationary strength is the indication from the November employment report as payroll growth proved favorable and … Read more

Weekend Reading: Which Yield Curve Really Matters?

by Lance Roberts So, have you heard the one about the “flattening yield curve?” It almost sounds like the start of a bad joke because there have been so many discussions during this past year on it. However, it has been largely dismissed under the “this time is different” scenario as trailing economic data has remained strong and … Read more

Fed comments, Trump watching stocks

by WARREN MOSLER A falling stock market will get the Fed’s attention and trigger real economic weakness and aggressive rate cuts. But those rate cuts remove interest income from the macro economy, which doesn’t recover until after net deficit spending (public or private) gets high enough to support aggregate demand growth. And the last recession … Read more

The upcoming storm could crack the top five biggest snowfalls in Asheville, North Carolina history. (Global Warming alert)

  Get your suntan lotion out. Global Warming is at your door! The upcoming storm could crack the top five biggest snowfalls in Asheville, North Carolina history. The upcoming storm could crack the top five biggest snowfalls in Asheville, North Carolina history. pic.twitter.com/pv69VIIMKB — WeatherNation (@WeatherNation) December 7, 2018 A winter storm is on the … Read more

Elections have consequences: Oregon governor hires English major to craft multi-BILLION tax increase

by DCG Funny, when Gov. Kate Brown was running for re-election this year, she repeatedly declined to answer direct questions about tax policy (seeThe Oregonian). She also declined to say how much additional revenue the state would need. Voters re-elected her knowing that they would have to wait until late this year for the governor to release her budget … Read more