Breaking news, updates, and reports on current events.
via @mcm_ct: watch this movie but don‘t accept their explanations. Note the incredible effort people go through to qualify all breaches of moral hazard of capitalism, risk & nature https://youtu.be/wyz79sd_SDA
New York lawmakers are thinking about fining people for texting while crossing the street pic.twitter.com/3lRXqfGcgj — Bloomberg Originals (@bbgoriginals) May 19, 2019
via @pianomikey1: $STUDY $SPX Compare: current price/revenue is the highest ever, while margins are also the highest ever. A mean reversion (or even halfway to mean reversion) in either one spells trouble. No recession necessary. H/T @yardeni for charts, @hussmanjp for the idea.
Trade talks between the U.S. and China appear to have stalled. China has not shown willingness to revisit past commitments it made that it reneged on earlier this month. Sources say scheduling discussions have not taken place since the Trump administration ratcheted up its scrutiny of Chinese telecom companies. https://www.cnbc.com/2019/05/17/us-china-trade-talks-have-stalled-sources.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
by Wayne Allyn Root I’m certain from the letters I get from liberal critics, every time that I report that President Trump has saved the US economy, they claim I’m lying. And conversely, every time I report Obama ruined the US economy, they claim I’m lying. Well the proof is out. Liberals, as usual, are wrong on everything. How … Read more
by Deplorable Patriot Like him or not, everyone should be impressed with Donald Trump’s success as President of the United States and how much he has helped America and its citizens. Thinking about the amount of Trumps success and his lack of experience as a politician, the first thing that comes to mind is , … Read more
by Ron Paul of Ron Paul Liberty Report The last time negotiations were planned between Venezuelan government and opposition forces, opposition leader (and US puppet) Guaido launched his ill-fated coup and the talks were scuttled. Today a new effort, brokered by Norway, is being launched to solve the conflict without further bloodshed. What kind of monkey wrench will … Read more
The Brexit talks have broken down, May will most likely be resigning and Johnson will take her place. Will This return the power to the people. UMich, hope explodes. Consumer index shows the opposite. Confirmed, auto tariffs are delayed for 6 months. Steel and Aluminum tariffs will be lifted to clear the way for the … Read more
by axolotl_peyotl https://www.businessinsider.in/The-US-accidentally-killed-more-than-a-dozen-Afghan-policemen-in-an-airstrike-after-a-miscommunication/articleshow/69378923.cms It’s truly revolting how many individuals can stand to justify these incidents as an unfortunate byproduct of the “fog of war.” Fuck off. It’s 2019. If the US is going to wage genocidal regime operation wars, they sure as hell better use their technology to make sure they do it right. There is simply … Read more
Candace Owens FB account suspended. The dossier was tampered with. Barr says he is going to get to the bottom of how the spying started. The Judge ordered the Mueller report and Flynn’s information should be made public. Barr considering changing the rules in the DOJ. Trump prepares the country for those who committed treason … Read more
Jim Willie interviewed on X22 Report Spotlight Stolen Gold From Fort Knox Recovered, The Patriots Are Now In Control:
Greg Hunter gives The Weekly News Wrap-Up for Friday, May 17th, 2019 Many think that nobody is going to jail for the Trump Russia collusion hoax that the FBI, DOJ and CIA tried to pull off. Attorney General William Bar has just assigned a U.S. Attorney to look into the Russia scam that was made up to … Read more
by Simon Black Let the weekly absurdity begin! New SAT scoring will combat Asian privilege The infamous SAT has been used since 1926 as a sort of university entrance exam to objectively test high school students’ scholastic aptitude. Until now. Test administrators announced plans this week to include an ‘adversity score’ for every student taking the … Read more
by northmantrader Market price discovery has become a toxic mess and traders have to adapt to changing conditions. Fast. Blending an understanding of technicals with a keen awareness of the outside influencing factors on price discovery is becoming an ever more vital combination critical to success in navigating these complex markets. The tape action, long subject … Read more
This article was written by Wolf Richter and originally published at Wolf Street This came packaged into the middle of a speech by Federal Reserve Board Governor Lael Brainard, on “How Does Monetary Policy Affect Your Community?” It was under the subheading, “Some Issues to Explore.” And it would be a huge shift in how the next crisis … Read more
By Julianne Geiger Bank of America Merrill Lynch (BofAML) warns that Brent crude oil could reach $90 per barrel stemming the new IMO rules regarding shipping fuels and a weaker dollar courtesy of a de-escalation in the US/China trade war, Reuters reported on Friday. BofAML claims that the IMO rules regarding the allowable sulphur content, to take … Read more
BREAKING: CBS: “Second plane with migrants from Texas lands in San Diego” (Includes Videos) SAN DIEGO — The second plane under a new Border Patrol policy touched down in San Diego on Saturday afternoon. The plane was full of people caught entering the United States illegally in the Rio Grande Valley. https://www.cbs8.com/article/news/special-reports/at-the-border/second-plane-with-migrants-from-texas-lands-in-san-diego/509-1f65f917-cd7c-4828-9467-da052d294add h/t KOS
Joe di Genova: Barack Obama Knew James Comey Was Going to Blackmail the incoming President of the United States h/t KOS
via thefreethoughtproject: Bakersfield, CA — Robert Mitchell, an innocent black man in Bakersfield, CA was stopped by police because they found the air freshener hanging from his rear-view mirror to be suspicious. Mitchell, who was well informed on his constitutional rights, chose not to answer questions when police began berating him—something that former cops and judges … Read more
By Harry Dent In my Economy & Markets video on Friday, I discussed why the trade deal has been challenging and likely doomed in the end. I also talked about the impact the “sudden” collapse in negotiations has had on the markets. Investors thought a deal was imminent. Now, they see it’s nowhere in sight… and they’re storming the … Read more