On Wire

via JG Martinez D: Editor’s Note: In this update, Jose talks about the worsening corruption, hunger, and crime in Venezuela. It’s hard to imagine, but things are still getting worse there. As we get together to feast with our families this week, please remember the people of Venezuela, where 80% of the population does not have enough … Read more

The European Union took the first step on Wednesday toward fining Italy after ruling that Rome’s spending drive violates the bloc’s fiscal rules. In a report on Italy’s debt, the European Commission said that it has rejected the Italian government’s budget plan for 2019. “The Commission confirms the existence of a particularly serious case of … Read more

From the Daily Wire: Democratic Socialist Alexandria Ocasio-Cortez revealed this weekend that she has no idea what the three branches of the U.S. government are during a conference call with prospective far-left political candidates. “If we work our butts off to make sure that we take back all three chambers of Congress — uh, rather, all … Read more

From Dr. David Eifrig and Health & Wealth Bulletin: Thanksgiving is the one day I spend thinking entirely about food… I remember growing up watching my dad spend all day making Thanksgiving dinner for our family. He did it all. The oyster stew, the gravy, the stuffing… We even brought out the honorary carving knife for him. … Read more

by Jim Quinn Barack Obama trashes Americans: "Confused, blind, shrouded with hate, anger, racism, mommy issues"pic.twitter.com/l4KZzZbd8E — Ryan Saavedra (@RyanSaavedra) November 20, 2018   “To die, to sleep; To sleep: perchance to dream: ay, there’s the rub.” William Shakespeare “Four score and seven years ago our fathers brought forth, upon this continent, a new nation, … Read more

by Patriankka I’ve been tracking since September 2017. On a paper. Being aware how many times I go to grocery store and how much I spend on crap I don’t need. This allowed me to put money into things I have to pay, or want to pay. Leading to all my debts being paid off. PF has … Read more

“DETROIT (WJBK) – The Detroit City Council approved a “Bullet Bill” gun control resolution Wednesday with a unanimous vote. The resolution limits ammunition amounts that can be bought while requiring a mental health background check on buyers of ammo in Wayne County. Commissioner Reggie Reg Davis of the 6th district spearheaded the resolution… “It’s a … Read more

The European Commission is moving closer to sanctioning Italy for its 2019 draft budget proposal. Italy wants to increase welfare spending and to roll back on some reforms and taxes.     The European Union announced it will look to sanction Italy with a fine after the country refused to submit a budget proposal that … Read more

Whoops…something is getting tense… spread between the USD LIBOR and Euribor hit the highest level in a couple of decades. pic.twitter.com/1rjo1hkDSl — Ronnie Stoeferle (@RonStoeferle) November 21, 2018 “The S&P 500 has more room to fall on the back of the current weak credit market.” https://t.co/Lag2PfShSo — Lisa Abramowicz (@lisaabramowicz1) November 20, 2018 Gundlach tells … Read more

If you are looking for slowdown signals in the US today is your day. Within the US' durable goods report the focus is on the non-defence capital goods orders ex aircraft – the "core" figure, which are a good lead for investment spending… so much for tax cuts boosting investment pic.twitter.com/ioHXOnbv8X — James Knightley (@Knightleyeco) … Read more

by QuantalyticsResearch US Stocks The rout in global stocks appears to be taking a breather heading into the US Thanksgiving holiday tomorrow US stocks index futures are advancing this AM and pointing to a bounce back in US stocks this morning with front-month Dow Jones minis +0.51%, S&P500 minis +0.61%, and Nasdaq 100 minis +0.77% SPDR … Read more

The Heart of the Matter by John Hussman of Hussman Funds Let’s be clear. October’s market decline was a rather mild warning shot. At its lowest close, the S&P 500 lost -9.9% from its September peak, before rebounding in recent sessions. As I noted during the 2000-2002 and 2007-2009 collapses, intermittent “fast, furious, prone-to-failure” rebounds are among the … Read more

FASORP (Faculty, Alumni and Students Opposing Racial Preferences) recently filed Title VI/Title IX lawsuits against the Harvard Law Review and the New York University Law Review (in both cases Education Secretary Betsy DeVos is also named as a defendant for failing to enforce the law). FASORP is being represented by the very talented Jonathan Mitchell, former Solicitor General of … Read more