Breaking news, updates, and reports on current events.
Authored by Jesse Colombo via RealInvestmentAdvice.com, As the probability of a U.S. recession in the next year grows rapidly (it may be as high as 64%), many bullish economists and financial commentators are unsurprisingly downplaying this risk. One of their main arguments is that interest rates have not been hiked aggressively enough to tip the economy over … Read more
Consumer confidence drops to lowest level since September 2017 Consumer confidence is on the decline. The Conference Board’s Consumer Confidence Index tumbled to 121.5 in June, dropping from a downwardly revised reading of 131.3 in May and snapping three consecutive months of improvements. June’s results missed consensus expectations for a reading of 131.0, according to Bloomberg-compiled data, … Read more
Josh Sigurdson talks with Lior Gantz of Wealth Research Group about the massive rally we’ve recently seen in the price of gold which has hit six year highs at the same time as Bitcoin has broken $11,000 USD and has more than tripled this year. All the while, the dollar is collapsing. Are we seeing … Read more
by Shaun Richards The last couple of weeks have seen two of the world’s main central banks strongly hint that the path for interest-rates is now lower, or perhaps I should say even lower. So as we open this week my thoughts turn eastwards to what the Shangri-Las would call the leader of the pack … Read more
by Mike Maloney If you buy gold in US dollars, you’re in luck, because whether you realize it or not, you have made a killing against almost every other currency in the world. It may be hard to believe with gold about 25% below its all-time US-dollar high, but 72 different countrieshave seen gold hit an … Read more
By Harry Dent 2019 has turned into the Year of Tech IPOs. Lyft. Pinterest. Zoom. Uber. Fiverr. Slack. And we’re only half way through the year. Airbnb, Palantir, Robinhood, and several others have plans to go public before year’s end. Some of these fresh listings have been bad (ahem… Uber). Others have shot to the … Read more
by Jesse Colombo As the probability of a U.S. recession in the next year grows rapidly (it may be as high as 64%), many bullish economists and financial commentators are unsurprisingly downplaying this risk. One of their main arguments is that interest rates have not been hiked aggressively enough to tip the economy over into a recession. … Read more
by DCG From the video description: “South Bend mayor and 2020 Democratic presidential candidate Pete Buttigieg faced his constituents at a tense town hall Sunday afternoon following the fatal shooting one week ago of Eric Logan, an African American man, by South Bend Police Sgt. Ryan O’Neill, a white police officer.” Buckle up Buttigieg…there’s too … Read more
I Love My Freedom reports, As if “Medicare For All” wasn’t a bad enough idea on its own, 2020 Democrat hopeful Bernie Sanders decided to double down. He made it much worse. Democratic presidential candidate Bernie Sanders says that his healthcare plan will give free government healthcare to millions of illegal aliens at the expense … Read more
In the face of all the censorship, including the recent adpocalypse, people are looking for alternatives. I don’t know what sites will hold up and be the best alternatives, but we have to keep having that conversation and transition while we do what we can on the legacy platforms. h/t ElderOfTheUniverse
By Tsvetana Paraskova Countries that get their crude oil via the shipping routes in the Middle East should protect their own ships along the lanes, U.S. President Donald Trump said on Monday, as tensions between the United States and Iran continue to simmer. “China gets 91% of its Oil from the Straight, Japan 62%, & … Read more
by Lance Roberts For the fourth time, since the end of 2017. the market has set an all-time high. Each previous all-time high has led an almost immediate sell-off. Will this time be different? Such is the belief currently which is being driven primarily by the “Pavlovian” response of a more “accommodative” Federal Reserve which is expected to cut … Read more
by Bill Holter of JS Mineset This article was posted for subscribers in early May. Now that gold is breaking out above the manmade, 6 year trading range, the concept is extremely important. Please reread the article until you understand what I am describing? Bill The Greatest Gold Call Option On The Planet? Originally posted May 6th, 2019 … Read more
(CBS News) — A college education is still considered a pathway to higher lifetime earnings and gainful employment for Americans. Nevertheless, two-thirds of employees report having regrets when it comes to their advanced degrees, according to a PayScale survey of 248,000 respondents this past spring that was released Tuesday. Student loan debt, which has ballooned to … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold surges to $1,411, gold fever is spreading, and ‘Bond King’ Jeffrey Gundlach bets on gold against upcoming recession and dollar decline. Gold Breaches $1,400 in USD On Friday, gold surpassed $1,400 an ounce after a … Read more
“I think he’s off. He’s different. We’ve all known him a long time. I’ve seen him for a long time. Frankly, he looks different, he sounds different, and he thinks different. Other than that, I hope he does very well.” https://thehill.com/homenews/administration/450112-exclusive-trump-accuses-biden-of-lying-about-obamas-lack-of?amp h/t ProfessorWhistleTitz
The world economy is on the leading edge of a recession, UBS said on Monday, which could prompt all major central banks to ease monetary policy in response. The U.S.-China trade war is amplifying fears of a global downturn —which according to UBS means President Donald Trump may get his wish for the Federal Reserve … Read more
https://youtu.be/Cfn6NOx0ZWc Health care pricing and transparency executive order signing by the president Donald J trump h/t QL
The [DS] is panicking and they are projecting. Gowdy says [HRC] and Trump were receiving different intelligence. Nunes threatens criminal referrals. Flynn’s new attorney is going after the spying angle and she got another delay in sentencing. Barr raids an office. Trump delays the raids because of leaks. Nunes proceeds with hearing regarding Twitter. Project … Read more
