Breaking news, updates, and reports on current events.
By Nick Cunningham Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter than the swoon might suggest, but the supply and demand picture is also beginning to look more negative. The EIA report was exceptionally weak, showing a strong build in crude oil (+6.8 million barrels), gasoline (+3.2 … Read more
Via International Man International Man: The US government is actively at war in about half a dozen countries. It’s eyeing new conflicts all the time. On the topic of getting involved in another war… President Trump was reported to have said this about his National Security Advisor John Bolton: “If it was up to John, we’d … Read more
https://www.youtube.com/watch?v=2RmhxR1WcC0 Jim Hoft from The Gateway Pundit reports, Former Attorney General Michael Mukasey joined Maria Bartiromo on Sunday Morning Futures this week to discuss the spying scandal on the Trump campaign in the 2016 presidential election. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
Chris Donaldson from I Love My Freedom reports, One of the most loathsome mouthpieces for the unhinged establishment is MSNBC’s Joe Scarborough who along with his blond bobblehead spouse Mika ‘ 1,000-yard stare’ Brzezinski, serve up a daily breakfast of hate for the hopeless on ‘Morning Joe.’ https://www.youtube.com/watch?v=wB0TlOWhfag Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/joe-scarborough-gets-racial-claims-only-white-males-are-still-supporting-trump/
by Michael Snyder After what President Trump just did, the odds of the U.S. and China being able to reach a trade agreement this year officially just went from slim to none. For China, there is no issue more sensitive than the status of Taiwan. For the Chinese, it is unthinkable for anyone to even … Read more
by Michael Snyder The combination of the wettest planting season in U.S. history, a catastrophic trade war with China and economic conditions that are brutal for small farms has produced a “perfect storm” for U.S. farmers. Farm bankruptcies have already risen to the highest level in 7 years, but many expect that they will soon surge … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But where the heck is the “U-Turn?” May was the first month of the Fed’s new plan of slowing QT and altering it in other ways. And suddenly, everything is in flux: It shed Treasury securities at a slowing pace, as announced, but for the first time – and not part of the … Read more
via Zerohedge: The net worth of millennials (18- to 35-year-old) has collapsed 34% since 1996, according to a new, shocking report from Deloitte. Millennials are financially worse off than any other generation before them. With student loans, auto and credit card debts, rising rents, and out of control, health-care costs have pushed their average net worth … Read more
via Zerohedge: Fund manager William B. Smith of Blaine Capital appeared on CNBC to offer up his thoughts on one of the street’s most talked about names: Tesla. Blaine, based in Stamford, CT, is short the name and when prompted by the hosts on CNBC to explain his reasoning why it’s his “favorite short”, Smith didn’t mince … Read more
via zerohedge: Amazon announced this week that they will begin delivering packages to customers using drones within months, according to the Financial Times. Unveiled at a presentation during the robotics and space conference in Las Vegas (Re:Mars), Amazon’s electric delivery drone has a range of 15 miles and can deliver packages weighing up to five pounds to customers in under 30 minutes – which accounts for 75-90% of … Read more
Authored by Daisy Luther via The Organic Prepper blog, Have you noticed the instant judgment world we’re living in? Are you perhaps a part of it? We are a nation of caricatures, where one opinion leads others to see an exaggerated personality, the qualities of which are desirable or deplorable. (Keep your MAGA hat on – … Read more
BY JOHN RUBINO Here we go again. After a couple of big trading sessions, gold – for the sixth time in five years – is approaching the $1,350-ish level that has, each previous time, stopped it cold. It looks like fundamentals, including the Fed’s capitulation to choppy stock markets and trade-war related economic uncertainties, are trumping gold’s usual seasonality (strong … Read more
Sean Hannity DESTROYS the Fake News Mainstream Media — Now Seen as Greater Threat than Global Warming and Terrorism
Papadopoulos claims the CIA set up an elaborate conspiracy to entrap him and remove a democratically elected president from office in this highly interesting interview. h/t sock_lover
via BBC: A police raid on Australian Broadcasting Corp (ABC) has drawn fire from broadcasters and rights groups. Officers arrived at the public broadcaster’s Sydney headquarters with search warrants naming two reporters and the news director. The ABC has protested over the raid. Police searched the home of a News Corp journalist on Tuesday, sparking alarm. … Read more
Yet another example how the narrative controls reality. Just tell kids they must go to college and they will do as told, even if it puts them in lifelong debt and has little to no value. via latimes: The labor market has hit a tipping point that should help boost wages: There are more job openings … Read more
the people of america need to get rid of the filth in government whom are bent on destroying the lives of children SP
via theatlantic: For more than two centuries, jurists and statesmen have intoned that “ours is a government of limited powers.” That proposition is the foundational principle of federal power. The Constitution did not grant Congress open-ended authority to regulate in the public interest. Instead, the Founders wrote a laundry list of highly specific legislative authorities. This … Read more
Steven Crowder is an insult comic and political commentator. He made response videos to a Vox reporter’s videos. The vast majority of those videos are him combatting the Vox reporter’s opinions (same conclusion Youtube came to), with a few insults thrown in. The Vox reporter is now going scorched earth nuclear meltdown trying to destroy … Read more