Breaking news, updates, and reports on current events.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Only feeble signs of manufacturing returning to the US (you’ve got to build the plants first). Construction spending, an important part of the US economy, has essentially gone nowhere over the past 18 months – the longest period of drought since the great recession. Total construction spending – residential and nonresidential, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Chicago struggles, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte reach new highs. Drum-roll for Detroit and Cleveland! This is the other side: Not every metro in the US has experienced the kind of blistering housing bubbles occurring in Miami or the San Francisco Bay Area, as illustrated in The Most Splendid Housing Bubbles in … Read more
via Zerohedge: Home-improvement chain Lowe’s told thousands of workers this week that their roles were being eliminated and that the company was outsourcing maintenance, assembly and janitorial services,according to the Wall Street Journal. Maintenance staff and assemblers were notified that they were being laid off, according to employees, and that their roles are going to be outsourced to … Read more
https://www.youtube.com/watch?v=F8GBe6Y_uIk They are not the majority they are just screaming louder. Overall people are starting to get it
by Kimble Charting As investors prepare for the Federal Reserve announcement today, they are feeling pretty good. That’s mostly due to the performance of the “big 3” stock market indexes: the S&P 500 IndexINDEXSP: .INX, Dow Jones IndustrialsINDEXDJX: DJI, and the NasdaqINDEXNASDAQ: .IXIC. As you can see in the upper half of today’s chart, all three are at all-time … Read more
Authored by Lance Roberts via RealInvestmentAdvice.com, Over the last 18-months, there has been a continual drone of political punditry touting the success of “Trumponomics” as measured by various economic data points. Even the President himself has several times taken the opportunity to tweet about the “strongest economy ever.” But if it is the “strongest economy ever,” then why the … Read more
by howmuch Did you know that where you live could cost you money when you own a home? The state you live in has a major impact on the cost of property, which drives your monthly mortgage payments. At the same time, the shock left from The Great Recession has changed the way people buy their … Read more
https://www.youtube.com/watch?v=qihJInDEUhk The democrats presidential candidates is literally a clown show a clown
by Michael Snyder Things are starting to go downhill rather quickly now. A day after the Federal Reserve cut interest rates for the first time in more than a decade, we received a whole bunch more bad economic news. Most Americans don’t realize it yet, but our economy is in serious trouble. We haven’t seen anything … Read more
Seems that way, doesn’t it. Everything in today’s society seems to be treated with or practiced in a half assed, not as good, neglected and indifferent way. Examples I’ve noticed (Observations noticed here in NW OHIO): 1. Restaurants. Once fancy, high end restaurants now feel like run of the mill burger joints these days. Restaurants … Read more
There you have it. Straight from the horse’s mouth. His “Ombudsman” policy would involve creating a new government agency to target and remove “fake news” from the internet and replace citizen journalists with government and corporate approved ombudsman journalists. AC
by Geoffrey Grider More Americans consider Barack Obama to be the worst President since World War II than they do any other president, according to a new poll. It is less than 3 years since Barack Obama left office, and already Liberal media outlets are forced to report the truth that he is considered to be the … Read more
by Shaun Richards Much is happening in the economy of Germany right now and let me open with a perspective provided by when we looked at it on the 6th of June. If we look towards Europe we see that the Federal Republic of Germany has set a new record for itself this morning as … Read more
Dave Janda interviewed by Sean on SGTreport Operation Freedom’s Dr. Dave Janda joins me to discuss Mueller’s turd fest, the Clintons and the skies. Stay tuned! May the road you find be the one to truth and enlightenment.
By Nick Cunningham Oil traders – along with financial markets everywhere – were disappointed with the decision by the U.S. Federal Reserve despite the first interest rate cut since the global financial crisis a decade ago. The Fed cut rates by 25 basis points on Wednesday, and one would think that the monetary easing would … Read more
https://gfycat.com/scholarlyidealisticaardwolf Just saw this from the latest forecast. It travels through the Bahamas and eventually either makes land fall or sits just off the coast for an extended period. This forecast actually has it strengthening and gaining size considerably after approaching the coast! Heads up East Coast! h/t I’m with Trump.
Although a technical violation, the DOJ did not want to “make its first case against the Russia investigators with such thin margins and look petty and vindictive,” a source told me, explaining the DOJ’s rationale. But Comey and others inside the FBI and the DOJ during his tenure still face legal jeopardy in ongoing probes … Read more
Top Stories Today – Fact Check: Kamala Harris Falsely Claims American Families Taxed by Tariffs
Trump’s intraday market Tweet about new 10% tariffs on $300 billion dollars of Chinese goods caused US stocks to tumble, the US Dollar to stop its rally to 99 or higher on the Dollar Index and a big spike in US Dollar gold prices. Trump’s Tweets today about China and him planning on increasing tariffs … Read more
