On Wire

via freebeacon: Leading media personalities and top Democratic officials have gone from saying there was no crisis at the southern border to saying there is one in just a few short months. Hosts on CNN and MSNBC like Joe Scarborough, Don Lemon, Chris Cuomo, Nicolle Wallace and others went along with Democratic talking points earlier this … Read more

by jessefelder The latest margin debt figures were released last week and they show leveraged investors continue to delever. In fact, margin debt is now falling at an annual rate of 15%, a level of derisking that has always been accompanied by a minimum 20% decline in the S&P 500 over the past half century. … Read more

by WARREN MOSLER Now in contraction year over year: US Durable Goods Orders Drop for 2nd Month New orders for US manufactured durable goods fell 1.3% in May, after a 2.8% plunge in April and much worse than market expectations of a 0.1% drop. Transportation equipment, down three of the last four months, was mostly … Read more

When fake information makes the stock market go higher, you know you have a serious problem. They trade on such worthless information. Things that are opinion or unconfirmed reports. We will understand exactly why computer algorithms are terrible in the next crisis.   Computer algorithms will create mass havoc in the next financial crisis. There … Read more

https://www.youtube.com/watch?v=ywfZRQS2xQM 100% Fed Up reports,Who knew CNN could put out some truthful reporting once in a blue moon? As part of a panel on CNN’s “Inside Politics,” John King, Abby Phillip, Matt Viser, and Catherine Lucey slammed Judiciary Chairman Jerry Nadler and Democrat members of the House Judiciary Committee for their conduct in a hearing … Read more

Koch brothers have immigration agenda, want Republicans to be soft on crime. #Tucker #FoxNews    

  Europe is bracing for what could be a historic heat wave this week, with temperatures potentially reaching at least 95 to 105 degrees. The Washington Post reported that a record-breaking heat wave is expected to hit its peak midweek, with the region spanning from Spain to Poland possibly seeing temperatures surge at least 20 … Read more

https://www.youtube.com/watch?v=o9i3-AD5u3I In a win for advocates of free speech, the Supreme Court has struck down a ban on trademarking words and symbols that are “immoral” or “scandalous.” The 6-3 decision is also a victory for those seeking trademark protection for profane and even racist brand names. https://marygreeley.com/?p=87218  

1 of 2 2 of 2 Quarantined Subreddits https://www.reddithelp.com/en/categories/rules-reporting/account-and-community-restrictions/quarantined-subreddits VIDEO: Mike Thompson Releases Prophecy Regarding Tech Censorship: “The Lion is Awake” (June 6th, 2019) Related: Donald Trump: Mike Thompson’s Heavenly Vision 238,548 views Mike Thompson Published on Apr 12, 2016 h/t KOS

via @crossbordercap: #PBOC is the main contributor to the improvement, followed by the #BOJ. Fed liquidity is shrinking at a slightly quicker pace #PBOC liquidity injections to June..  

by Jeff Clark, Senior Analyst, GoldSilver   It’s pretty daring to claim that you’re near certain an investment will pay off. But that’s exactly what I’m doing. Irrespective of anything you’ve heard from Mike Maloney and his predictions about precious metals, it is my personal opinion that at some point gold (and silver) will inevitably pay off in a … Read more

via @NorthmanTrader: Just to highlight how Fubar this all this: We’re seeing the loosest financial conditions since 1993. Back then Fed RAISED from 300bp to 600bp. Now they want to CUT coming from a low 225bp with historic loose financial conditions still in place. It’s asinine to cut rates here.      

via @helenmariareid