ISM and Fed surveys, Temp employment, Sentiment, MMT alerts, DB response
by WARREN MOSLER No let up!
Breaking news, updates, and reports on current events.
by WARREN MOSLER No let up!
Is The Clinton Foundation Under Investigation? (This one is worth your time) $400M to $2Billion to IRS This is a good breakdown on the specifics. Open in a new window and listen! John Huber never showed up! The two guys are “bounty hunters” that investigate fraud of non-profits. They do thins for … Read more
by Kimble Charting Is a very broad stock index suggesting that a top is in play? What this index does to close this week should go a long way to answering that question! This chart looks at the NYSE Index on a weekly basis over the past 4-years. Over the past 15-months, it has created a series of … Read more
by DCG The deputy is permanently separated from his wife, three childrenand family and friends. Washington state governor Jay Inslee made Washington state a sanctuary haven for illegal aliens in 2017. As reported by MyNorthwest.com: A deputy with the Kittitas County Sheriff’s Office was killed in the line of duty Tuesday evening in the City of Kittitas.Immigration and … Read more
It is suicide. They are doing it to themselves, every day. Liberals do not build, they just destroy. It’s not the only one… Seattle, Detroit, Chicago, and the list goes on. America is dying. h/t jav
By Lance Gaitan Every six weeks the Federal Open Market Committee (FOMC) meets to decide whether a change in policy is needed to coax our economy in the right direction. They wrapped up their latest meeting on Wednesday. When Fed Chair Jerome Powell delivered his policy statement, stocks bounced and Treasury yields fell sharply. (Keep in mind the Fed has a … Read more
https://www.youtube.com/watch?v=Oe5ZmgpPgNc Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth worries https://www.cnbc.com/2019/03/22/stock…
Even though it had potential to (and did) cause a lot of division, the media are gladly compliant whenever they can draw attention away from real issues. And the dumbed down morons of Reddit twitter and the like couldn’t care less as their content to see their agenda consistently on the front page. … Read more
Italy has signalled its determination to play a central role in China’s grand plan to build a Silk Road-styled global trade network, despite rattling its EU and US allies with its plan. The country’s populist government is poised to endorse its participation in Beijing’s $1tn Belt and Road Initiative (BRI), a global trade project aimed … Read more
We have an incredibly large snow pack in western Colorado with a very warm spell headed our way. Way too warm for this early and it looks like all week. People have no idea what’s about to happen here. I will be documenting the events daily on my youtube channel…stay tuned! https://www.youtube.com/watch?v=v-MdVOJnPWk&t=2s US Government Warns … Read more
by MentalRope Jimmy Dore talks about progressives putting all their faith in the Mueller and his investigation and how it’s making them look really stupid.
by Simon Black Last week we started a new feature in Notes from the Field– a Friday roll-up of bizarre, often overlooked stories that my team and I think are worth following with great interest. Based on the positive feedback we received from last week’s article, we thought we’d continue the trend. So here are a few important … Read more
Via Investment Dynamics Research “You’ve really seen the limits of monetary and fiscal policy in its ability to extend out a long boom period.” – Josh Friedman, Co-Chairman of Canyon Partners (a “deep value,” credit-driven hedge fund) The Fed’s abrupt policy reversal says it all. No more rate hikes (yes, one is “scheduled” for 2020 but … Read more
via WSJ: The most dangerous domestic problem facing America’s federal government is the rapid growth of its budget deficit and national debt. According to the Congressional Budget Office, the deficit this year will be $900 billion, more than 4% of gross domestic product. It will surpass $1 trillion in 2022. The federal debt is now … Read more
This is Sibel Edmonds reporting from Turkey. For a couple of weeks I’ve been meaning to report on this significant development with Operation Gladio-B implications for Hungary, but due to being on the move and with all the other recent developments it ended up being delayed. I guess it is better late than never: So … Read more
MAG: Why are 2020 Dems so weird? I wish I could say that the worst thing about John Hickenlooper’s CNN town hall on Wednesday night was the part where he talked about watching Deep Throat with his mom. The former governor of Colorado, who is one of roughly 173 declared candidates for the Democratic presidential nomination, explained … Read more
(Reuters) – The Federal Reserve’s cautious stance on raising interest rates could backfire by creating uncertainty in the economy and hurt the U.S. central bank’s credibility, Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Thursday. “This U-Turn – on nothing fundamentally changing – is unprecedented,” Gundlach said in a telephone interview. “Three months ago, … Read more
via CNBC: The European Union, a single political and economic bloc, has faced multiple challenges that brought its viability into question, said Stephen Roach, a senior fellow at Yale University. With the U.K. planning to leave the bloc, it remains to be seen whether the EU still has the ability to withstand more shocks, said … Read more
BREAKING: No More Indictments coming from Special Counsel Robert Mueller, @abc source now claims. @CNN — Ross Palombo (@RossPalombo) March 21, 2019 WASHINGTON — The White House, Congress, and the American public are all still waiting for Special Counsel Robert Mueller to complete his investigation into Russian interference in the 2016 election. Mueller’s team has … Read more
via mhanson: Amazing Housing Data… RedFin puts out a monthly home sales report, which contains a lot of great data. The chart below shows Feb 2018 year-over-year price growth, which was off the charts, compared to Feb 2019 year-over-year growth, which was very weak. This y/y growth deceleration is staggering, especially in the high-flying regions. Very … Read more