Breaking news, updates, and reports on current events.
by kit8642 The official story on Jeffrey Epstein’s death, is that he: Tried to kill himself two weeks ago. (Cell mate was cleared of any wrong doing) Was taken off Suicide Watch While the guards were asleep in the same prison El Chapo was in. He hung himself with his bed sheet from his bed … Read more
via MarketWatch: In a recent column, I focused on five key factors which indicate that housing markets may be topping out. Yet one other important factor may be the main reason why housing prices have not already deflated. Investors have always played an important role in housing markets. I have written extensively about the crazy bubble years … Read more
By Dagny Taggart Earlier this year, an infectious disease expert warned that a deadly disease found in deer could infect humans in the near future. Often referred to as “zombie deer” disease because of the symptoms, Chronic Wasting Disease (CWD) has been reported in at least 26 states in the continental United States and in four provinces in Canada. … Read more
by Shaun Richards In our new financial world where pretty much everything depends on the whims and moods of central bankers one of the main leaders is the ECB or European Central Bank. Yesterday we got one version of its future from the Governor of the Bank of Finland Ollie Rehn. So let me hand … Read more
by WARREN MOSLER Still elevated: Not looking good: Starts down and rolling over, permits up for the month but still trending lower, as per the charts: Highlights A slow turn upward is the indication from a mixed but still positive housing starts and permits report for July, headlined by a much lower-than-expected rate for starts … Read more
by DCG Facts are a stubborn thing for progressives. Always have been, always will be. Demorats starting demanding more gun control after the shootout with Philadelphia Police on Wednesday. In some cases, demorats even called for more gun control while the situation was unfolding. Demorat presidential candidates Kamala Harris, Cory Booker, Beto O’Rourke and Amy Klobuchar took to … Read more
by Dr. Eowyn The MSM had a meltdown when President Trump hinted at the “arkancide” of Jeffrey Epstein when he retweeted Terrence K. Williams’ August 10 tweet: Died of SUICIDE on 24/7 SUICIDE WATCH ? Yeah right! How does that happen #JefferyEpstein had information on Bill Clinton & now he’s dead I see #TrumpBodyCount trending but we know who did this! … Read more
by DCG Would you trust that this guy will show up for his trial?/SF Police Dept. photo Just like Seattle, it appears that San Francisco has no desire to hold the homeless accountable for their criminal actions. Both demorat-run cities allow the homeless to rule the streets with no real consequences for their actions. No wonder … Read more
MSNBC Host, Analysts Speculate About Removing Trump From Office. https://youtu.be/HS0ka7jWMm0 An MSNBC panel speculated Friday afternoon about potentially removing President Donald Trump from office due to his mental state, pointing to reports he is exhibiting “signs that were similar to the early stages of Alzheimer’s.” “He attacked a man who turned out to be one … Read more
via Otavio (Tavi) Costa: We are entering a period of monetary policy lunacy. The rising Gold-to-S&P 500 ratio is the most compelling macro development of late. Yield curve inversions everywhere. It’s time to buy precious metals and sell stocks. https://marketwatch.com/story/monetary-policy-lunacy-means-there-has-never-been-a-better-time-for-this-asset-says-hedge-fund-analyst-2019-08-16?mod=need-to-know @bkollmeyer @SamanthaLaDuc
US: Probability of a recession 6 months ahead. Activity augmented yield curve model: 53% – @SoberLook @OxfordEconomics @jemcrobie pic.twitter.com/qfIZqADUAR — Rob Hager (@Rob_Hager) August 15, 2019 Chart (@TheTerminal): Market pricing in almost a 60% probability of 3 (or more) additional Fed rate cuts this year – pic.twitter.com/xNE6zk3diY — (((The Daily Shot))) (@SoberLook) August 15, 2019 … Read more
Consumer Confidence Crashes But, but, but… yesterday CNBC was telling us about how strong the consumer is and how bonds must be wrong. UMich Consumer Sentiment collapsed in August (flash data) ,slumping to 92.1 from July’s 98.4, missing all forecasts in Bloomberg’s survey of economists. The gauge of current conditions decreased to 107.4 while the expectations index dropped to … Read more
Central banks haven’t shifted direction this abruptly in a decade The shift in central bank monetary policy direction during the last six months hasn’t been this dramatic in a decade. Fitch Ratings, examining the direction but not magnitude of central bank shifts, found that more than a third of them have loosened monetary policy in … Read more
The average American has $38,000 in debt — a quarter of which comes directly from credit card charges. In December 2018, consumer debt overall hit a record high $4 trillion. Experts say a significant amount of this debt can be explained by what they call “money disorders.” Brad Klontz, author of “Mind Over Money” and co-founder of the Financial Psychology … Read more
https://www.marketwatch.com/story/the-us-treasury-is-about-to-flood-the-market-with-debt-to-fund-a-1-trillion-deficit-heres-why-that-is-a-worry-2019-08-15 Last month the U.S. Treasury laid out its plans to borrow $814 billion between July and December, after the Trump administration and Congress agreed to a two-year postponement of the U.S. debt ceiling, ensuring no government shutdown or a federal default. Amid the stock-market rout, the chances of a half-percentage-point cut in the federal … Read more
by LALAOOP https://sg.news.yahoo.com/brief-kangmei-pharmas-three-senior-121833570.html https://finance.yahoo.com/quote/600518.SS/ 12.6B dollars (88.7B RMB) accouting fraud in the past three years. Maximum punishment: 900K RMB fine and lifetime ban for the boss couple. 600K RMB fine and admonishment for the company, fines and 10 year bans/admonishment for the execs. _ Honorable mentions: Chinese teleco equipment maker with over 90% net profit … Read more
John Cruz Sr VP HSBC Bank- Hr 1 9:23 “It’s a whole banking system of organized crime”
Her name is Kim Iversen and she leans left, admittedly. Her solution: Arrest the business owners and the illegal immigrants will self-deport. Do not know if I agree with the entire premise, but it is certainly worth thinking about. PLEASE, PLEASE listen all the way to the end, where she explains the benefits of such … Read more
by Sheilaaliens I was going over the new documents that were leaked by Project Veritas from a Google Insider when I came across this little gem*.
