Breaking news, updates, and reports on current events.
BY JOHN RUBINO There was a time when “price stability” – that is, money that buys the same amount of stuff every year – was considered a good thing. But as debts began to pile up around the world, it became clear to policymakers that managing that debt required money that got a little less valuable … Read more
https://twitter.com/Hipster_Trader/status/1118336736525017088 Off the chart 👇🏻 Retail sales rose 8.7% 📈📈YoY from (exps 8.4% YoY); FAI rose📈 6.3% from 6.1% ; IP rose 📈📈8.5% from 5.9% (exp 5.6%) Q1 GDP rose📈 6.4% YoY (exps 6.3% from 6.4% in Q4) So retail rocked it. Question, why are imports contracting further? 🤔🤔🤔 pic.twitter.com/3KGS8mR1Ps — Trinh (@Trinhnomics) April 17, … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Largest US Trucking Company: “Volume, or lack thereof, is obviously the main story.” The inventory pile-up hurts. And the driver shortage is ending. J.B. Hunt, the largest trucking company in the US by revenues, and a barometer of the goods-based sector of the economy, reported late Monday that revenues rose 7.3% on … Read more
NEW: AG Barr decides that asylum seekers at the border who pass “credible fear” interviews and are transferred to a full deportation hearing are INELIGIBLE for release on bond. Only DHS may decide to release them. Ruling is effective in 90 days. https://www.justice.gov/eoir/file/1154747/download NEW: AG Barr decides that asylum seekers at the border who pass … Read more
Gov. Jesse Ventura tells Rick Sanchez that “Julian Assange is a hero because the government doesn’t want you to know the truth.” He lists the war crimes exposed by WikiLeaks and hopes that Assange’s extradition to the US will be met with “mass protest.” https://youtu.be/Np_QWiEtzkI h/t mytruelove007
Many Americans received a tax cut, but the MSM continually brainwashes people into thinking they have not received a tax cut. When Trump proposed the tax cut the [DS][CB] put together all the things that will go wrong and how this was the worst tax package every, none of it happened. Precious metals was slammed … Read more
A federal appeals court ruled Tuesday that apprehended migrants do not have the right to be held in the same state as their children while in detention, thrusting the issue of migrant family separations back into the spotlight. The U.S. Court of Appeals for the Fourth Circuit affirmed a district court’s ruling that migrants do … Read more
The clowns are now trying to build a case against Assange by creating fake reports. The MSM is now trying to get ahead of the spying story that is about to break. Trump tweets out no collusion and obstruction. Judicial Watch files suit against the FBI for HRC, John Kerry and others email and documentation. … Read more
by visualcapitalist The world’s wealthiest people are also the most mobile. High net worth individuals (HNWIs) – persons with wealth over US$1 million – may decide to pick up and move for a number of reasons. In some cases they are attracted by jurisdictions with more favorable tax laws, or less pollution and crime. Sometimes, they’re … Read more
by Simon Black By the time Alexander the Great and his Macedonian army conquered the city of Samarkand in 329 BC, the city had already existed for centuries. Samarkand had been a prominent, vibrant regional capital in the Persian Empire prior to the Macedonians’ arrival. And under Alexander the city flourished even more. He declared it … Read more
by WARREN MOSLER Still looks to be weakening: Looking weak: Tariff wars taking their toll:
via nypost: There is no doubt that the Obama administration spied on the Trump campaign. As Barr made clear, the real question is: What predicated the spying? Was there a valid reason for it, strong enough to overcome our norm against political spying? Or was it done rashly? Was a politically motivated decision made to use … Read more
by Troy As the stock market approaches all-time highs, a few economic indicators are deteriorating. Meanwhile, the stock market’s uptrend remains strong. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going … Read more
NEWSWEEK: “Should William Barr Recuse Himself From Mueller Report? Legal Experts Say Attorney General’s Ties to Russia Are Troubling” http://magaimg.net/img/7rb8.jpg NEWSWEEK: “Should William Barr Recuse Himself From Mueller Report? Legal Experts Say Attorney General’s Ties to Russia Are Troubling” https://www.newsweek.com/so-many-conflicts-so-little-time-1396435 Here they go again. Attorney General William Barr is already under fire for his March … Read more
By Haley Zaremba Scientists from Ocean University in Qingdao, China and the University of East Anglia in Norwich, England have made an incredible discovery that could one day save the planet from the ecological devastation of oil spills. In the deepest depths of the ocean, a team of researchers from England, China, and Russia discovered … Read more
By Tim Daiss In more proof that U.S. oil production is continuing to alter global oil markets, Russia’s finance minister Anton Siluanov said on Saturday that Russia and OPEC might decide to increase production to fight for market share with the U.S. His remarks were first covered by Russia’s Tass News Agency. Siluanov said that lower oil prices … Read more
by Spencer P Morrison, NEE From Remittances: Illegal Immigration’s Hidden Tax: To be clear, it’s impossible to know exactly how much money illegal immigrants remit annually. There are three reasons for this. First, we don’t know how many illegal immigrants actually reside in America. Second, the term remittance itself is ambiguous: should we include money stuffed in … Read more
Jason Liosatos Outside The Box, Released on 4/16/19 Jason’s talk with Gerald Celente about freedom of speech, the brutal arrest of Julian Assange, Trump, the Brexit freak show, the great awakening and the great escape from human slavery and the legalization of Cannabis. Gerald Celente is a pioneer trend strategist and founder of The Trends Research … Read more
By BCE Recently we published an article about 5 underrated pieces of simple medical knowledge. Here are 5 more in a similar theme. Low tech contraception is a must during a disaster. Women in an austere environment die during their pregnancy, delivery and in the post-natal period much more frequently than they do in a modern … Read more
by Jeff Deist of Mises Institute Yesterday’s terrible fire at the Notre-Dame Cathedral reminds us how quickly centuries of accumulated “cultural capital” can be destroyed. Oak timbers dating from the 1200s in the roof and spire were lost forever; some priceless stained glass windows appear to have suffered damage. As the saying goes, France is the heart of the … Read more