Banks Slash Trader Bonuses As Wall Street Braces For Recession

via Zerohedge: Even the Wall Street traders who survived this year’s cull of front-office personnel won’t escape the great bulge-bracket bank retrenchment of 2019 unscathed. According to Bloomberg, which cited a report from compensation consultants Johnson Associates, after the worst first half in a decade for Wall Street trading desks, bonuses for equity traders are expected … Read more

Charles Nenner: Cheap Money Not Going to Work Anymore, Civil War Cycle Heating up in America

Renowned geopolitical and financial cycle expert Charles Nenner says forget what the mainstream financial channels are saying about more Fed easy money policies pushing the markets higher. Nenner explains, “The clever institutions I work with were selling all the time when the S&P was around 3,000, and the small investor and public were buying, buying … Read more

Stock futures losses accelerate…

 U.S. stock index futures dropped on Wednesday, giving up earlier gains, as a drop in global bond yields raised concerns about a slowing global economy. Investors moved back into safe havens like gold, just as they did on Monday when stocks dropped the most they have in a single day all year. Gold reached a … Read more

Stock Market Crash Imminent?: “We May Well Be At The Most Dangerous Financial Moment Since The 2009 Financial Crisis”

by Michael Snyder Volatility has returned to Wall Street in a major way, and many investors are extremely nervous right now.  In recent days we have seen a dramatic escalationin our trade war with China, and there is a lot of chatter that another stock market crash could be imminent.  When the Dow Jones Industrial Average … Read more

The Gulag of the Mind

by Charles Hugh-Smith Befuddled and blind, we wander toward the cliff without even seeing it, focusing on our little screens of entertainment and self-absorption. There are no physical barriers in the Gulag of the Mind–we imprison ourselves, and love our servitude. Indeed, we fear the world outside our internalized gulag, because we’ve absorbed the narrative that the … Read more

Financial World Gone Nuts: $15 Trillion Negative Yielding Debt

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter 12 countries with negative 10-year yields. A race to hell. Every day brings new indications that the financial world is going from already nuts to even nuttier. According to Bloomberg, the total amount of bonds outstanding globally that are trading with a negative yield exceed for the first time $15 trillion. This … Read more

Derail: Traffic Declines Across US Railroads Signals Broad Industrial Slowdown

via Zerohedge: New data from the Association of American Railroads (AAR) reported US Class I rail traffic for the week ended July 27, of 534,498 carloads and intermodal containers, down 4.4% compared with the same week last year, reported Railway Age. The slowdown in rail traffic is the result of a broad-based industrial downturn that is … Read more

ALERT: Baltimore Residents PRAISE Trump After Conservatives Come in to Help Clean Up Community

https://www.youtube.com/watch?v=UAMtLWFfKsc Jim Hoft from The Gateway Pundit reports, Last week conservative activist Scott Presler called for a Trash Clean-Up Day in Baltimore! What an EXCELLENT IDEA! On Monday Scott Presler and dozens of Trump supporters gathered in Baltimore for a trash clean-up day. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…

YES!!! Conservative Reporter and Activist Laura Loomer Announces Run for US Congress

https://www.youtube.com/watch?v=SJQTMS4t494 Jim Hoft from The Gateway Pundit reports, Conservative reporter and activist Laura Loomer announced her run for Congress in Florida’s 21st congressional district. Florida-21 is a blue district, based in Palm Beach County. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…

Gerald Celente: More Lies, More Bullsh*t

Infowars, Released on 8/6/19 *The interview begins at 23:48 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is … Read more

The Banking Scam And Gold’s Poker Face At $1,433 – Technical Analysis

by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) A lot has happened since my last article and chart analysis, including the passing of my dear father. I want to share an incredible experience that occurred while attending the funeral services and how it relates to one of my recent articles, but I am saving that story for its own … Read more

UNEXPECTEDLY: New York City Businesses Struggle to Keep Up After Minimum Wage Increase.

via WSJ: “Business owners and leaders say labor costs have forced cuts in jobs and work shifts.” Many business owners said these changes were unintended consequences of the new minimum wage, which took effect at the beginning of the year. Susannah Koteen, owner of Lido Restaurant in Harlem, said she worries about the impact raising … Read more