On Wire

-50 degrees Celsius in Yakutia, Russia 12/02/18   https://en.wikipedia.org/wiki/Siberia#Climate     h/t Anub’arak

Macron Returns to Turmoil, as France Weighs State of Emergency PARIS — President Emmanuel Macron returned to France on Sunday from a summit meeting in Argentina to find his country in turmoil after a day of violent protests. After surveying the destruction, Mr. Macron ordered Prime Minister Édouard Philippe to meet with representatives of the “Yellow … Read more

The U.S and China have agreed to preliminary terms at the G20 meeting. There has been no concrete pact put in place to actually fix the issues which are still ongoing. But as long as the market sees that something is happening, even if it really means nothing, will react positively to it. That’s how … Read more

https://www.youtube.com/watch?v=XligOd6b2Ms Trump legal team makes case to prosecute Comey https://www.washingtontimes.com/news/…      

https://www.youtube.com/watch?v=qUtYhuA7z78 Ryan Saavedra for the Daily Wire reports, Leftist Sunny Hostin admitted on Wednesday that she does not care about the poor treatment the Obama administration gave to migrants because she only cares about what the Trump administration is doing. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/38820/…      

Mind experiment; as you have seen French very upset about rising fuel prices when there is still available supply what do you think will happen when food triples in price and there is limited supply. Climatologists coming out stating Water Vapor is the cause of the worlds warming and that the Atlantic is in the … Read more

Why do you think oil is falling? Is there too much right now? Or is there something going on behind the scenes?   The price of oil has climbed higher on the supposedly positive news coming out of the U.S and China delay in increasing trade tariffs. Most likely, the equities markets will react positively … Read more

by Martin Armstrong The austerity measures of the EU are having a profound impact in Europe. In Paris of December 1st, 2018 (right on time with our volatility models for December) there was a major civil uprising, the worst France has witnessed in recent decades. Yellow Vests have converged in Paris to protest high living … Read more

Josh Sigurdson talks with Richard Gage AIA of Architects & Engineers For 9/11 Truth as well as Barbara Honegger who famously exposed the truth behind the Iran Contra scandal in the 1980s as a member of the Reagan White House with her book ‘October Surprise’ and now works with the Lawyers Committee For 9/11 Inquiry. … Read more

by Troy The economy and stock market move in the same direction in the medium-long term. Hence, leading economic indicators are also leading indicators for the stock market. Thoughts Inflation-adjusted personal consumption expenditures are trending sideways. Suggests that the current decline is not the start of a bear market. Capacity utilization is trending upwards. Suggests that the … Read more

Via ZeroHedge The most important, and much-anticipated dinner date between Trump and Xi in years, which concluded amid loud applause and brief celebrations by both sides, ended in a three-month truce to the ongoing trade war between the two superpowers, with the US agreeing to postpone a planned tariff hike on January 1 and to … Read more

by Charles Hugh-Smith The fact that lies and cover stories are now the official norm only makes us love our servitude with greater devotion. We can summarize the current era in one sentence: truth is what we hide, self-serving cover stories are what we sell. Jean-Claude Juncker’s famous quote captures the essence of the era: “When it becomes … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Instead of “bubble” or “collapse,” it uses “valuation pressures” and “broad adjustment in prices.” Business debt, not consumer debt, is the bogeyman this time. Preventing another financial crisis – or “promoting financial stability,” as the Federal Reserve Board of Governors calls it – isn’t the new third mandate of the Fed, … Read more

by Michael Snyder The shaking in Alaska still hasn’t stopped, and that has many residents wondering if the worst is still yet to come.  Friday’s magnitude 7.0 earthquake could be felt 400 miles away from Anchorage, and it was the most destructive quake that the city has experienced since 1964.  But those living in the region can’t … Read more

by Kimble Charting While many analysts are talking about the sky falling in stocks, the chart below reflects that the S&P 500 (NYSEARCA: SPY) may simply be in a sideways trading range. As well, the S&P 500 remains within the uptrend channel (testing the lower support). Seen this price action before? Yep, back in 2015-2016. At that point (1), the … Read more

https://www.youtube.com/watch?v=3d5gFpJ51PY USMCA Doc: https://ustr.gov/trade-agreements/fre…    

Authored by Sven Henrich via NorthmanTrader.com, Our job is to navigate changing markets and we use technical and macro analysis to identify major market turns amidst periods of conflicting signals, emotional markets and often high uncertainty while staying keenly aware of risk to our thesis at any give time. In last weekend’s Bear Trap we discussed the … Read more

via newstatesman: After a long period of economic expansion, a slowdown has begun. But in an era of high debt and low interest rates, states have little ammunition to deploy. recession always comes in the end, but the matter of foretelling when is a hazardous exercise at best. Indeed, recessions can remain out of sight to policy-makers … Read more

via Pontiac2: This is just my first tough – Green is expensive and most of world is undeveloped compared to EU and NA. So most of world is uninterested in green and expensive energy. Especially when they can have cheaper gas power plants that can be easily converted to coal or oil ones in case of crisis. And … Read more