On Wire

by Simon Black My grandfather was just a toddler when soldiers came home from World War One in 1918. They brought the deadly Spanish Flu with them, which killed well over 50 million worldwide. As a young adult, my grandfather struggled through the Great Depression with the rest of the world. And just as things started … Read more

by WARREN MOSLER Not looking good: Not looking good: In contraction: South Korea March exports contract for fourth month (Reuters) Overseas sales slid 8.2 percent in annual terms in March. Imports shrank by 6.7 percent in March from a year earlier. This produced a $5.22 billion trade surplus, nearly doubling the amount in February, the … Read more

This really scares me. The east and west coasts will control politics forever in this country if this goes through. Another violation of our rights. via cleveland:   Ohioans may vote this November on a proposed state constitutional amendment to award the state’s presidential electoral votes to the winner of the national popular vote, regardless of … Read more

by Shaun Richards Sometimes it helps to look back so let us dip into Yahoo Finance from the 17th of December last year. Home price growth has slowed for six consecutive months since April, according to the S&P CoreLogic Case-Shiller national home price index. And for the first time in a year, annual price growth … Read more

by Troy   The stock market went nowhere today and volume was extremely low. Traditional technical analysis sees low volume rallies as an ominous sign (“volume must confirm price”, “air is getting thin at the top”, etc) Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by … Read more

“Why didn’t you take away peoples first amendment rights for saying something that should’ve been done but I didn’t like?”     h/t Jwnlwplus4

UBS CEO Ermotti knows more about his bank than others. Last week he tried to sell all his UBS shares. Compliance prevented it via insideparadeplatz.ch: (See below) , Sergio Ermotti, is a mystery. The chief of the UBS wanted to recently sell a big package with privately-held stock of its Bank. According to an Insider Ermotti was … Read more

EU leaders and the government of the UK are continually delaying the BREXIT, this has been the plan along, keep the country in limbo. Real estate around the world is declining rapidly, prices are falling and this is when interest rates are close to zero. Durable good order decline. The [CB] economy is failing, it … Read more

There is no hiding the outrageous open borders and baby killing policies of the now far left Democrat party. Journalist Alex Newman says, “The crazy is now coming out of the closet. That’s why they want the open borders. They know they have lost the American people. They are now coming out of the closet … Read more

the women who wants open borders calls Trump a threat? the women who says openly she wants to destroy the constitution says trump is the threat?? The women who says she wants to flood America with muslims says Trump is a threat??   h/t Jake

Trump is now putting off the new health care plan, congress is not with him and he needs to drain the swamp first. Biden is having trouble accusers are coming forward, but this is not his only problem. FBI refuses to hand over the emails from CNN when they conducted the raid on Roger Stone. … Read more

by Egon von Greyerz One of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few years too late … Read more

by Michael Snyder I know that the headline sounds outrageous, but it is actually true.  According to a brand new report that was just released, Americans had to borrow 88 billion dollars to cover their medical bills last year.  That is a truly astounding number, and it shows just how dramatically our current health care … Read more

by Michael Snyder Earlier today, my attention was directed to a thread on an Internet discussion forum that lamented how much America had changed over the years.  I don’t know exactly why, but the posts on that thread really touched me.  Those of us that are old enough to remember what America was like before … Read more

BY JOHN RUBINO Looking strictly at the numbers it’s hard to work up much interest in whether Republicans or Democrats are in charge after 2020. Either way, trillion-dollar deficits and extremely easy money are guaranteed, which means the US – along with most of the rest of the world – will fall off a financial cliff … Read more