Breaking news, updates, and reports on current events.
by TESS PENNINGTON Preppers may be known for their beans, bullets, and band-aids, but in a survival situation, they may also want to be known for their vast knowledge of zip-tie uses to get them out of hairy situations. In past articles, we have covered articles on how to use common household items like rubber bands, bungee cords, PVC, and tarps to use in an emergency … Read more
By Jared Dillian Somewhere in the last 30–40 years, we have become economically illiterate. Elizabeth Warren wants wealth taxes that would impose asset forfeitures of 2–3% on households with more than $50 million in assets. There are practical and legal problems with their implementation. But she wants to implement them anyway. Alexandria Ocasio-Cortez wants a … Read more
by David Haggith Bears, like myself, picked the meat off market bulls throughout 2018. We scoffed at the start of the year when bulls concocted a narrative that said bears would starve because 2018 was going to be the year of “global synchronize growth.” We bears bawled that this was euphoric nonsense. Global economies fell off … Read more
Dan sounds off on weenie loser Andy McCabe, after spending the weekend in DC. “This was an illegal coup attempt on the President of the United States.” Dan Bongino on @foxandfriends True! — Donald J. Trump (@realDonaldTrump) February 18, 2019 Do You Believe In The Deep State Now? The revelation that top Justice officials … Read more
As President Trump outlined his plan for protecting America’s borders, a reporter from CNN accosted the president over his numbers on illegal immigration. Not only were President Trump’s numbers on immigration accurate, but the reporter has a troubled history going back decades. One America’s Pearson Sharp explains. The Cost of Illegal Immigration As Democrats in … Read more
Authored by Steven Vannelli via Knowledge Leaders Capital blog, Credit markets often move before the equity markets, and this can offer helpful information about the near-term path of equity prices. In general, I like to see credit confirming what the equity markets seem to be saying. When credit stalls, like it is now, I take … Read more
https://youtu.be/q3KLvPHTEMg Source: http://ghdx.healthdata.org Tools: D3.JS Excel
https://www.bloomberg.com/news/articles/2019-02-16/u-s-student-debt-in-serious-delinquency-tops-166-billion?srnd=premium Student-loan delinquencies surged last year, hitting consecutive records of $166.3 billion in the third quarter and $166.4 billion in the fourth. The total in arrears is about twice the amount the U.S. Treasury provided to bail out the auto industry during the last recession. Loans at least 90 days past due are considered to … Read more
Why is Apple so expensive? from CNBC. via CNBC: Retailers across China are slashing prices of the iPhone. Sales of Apple’s flagship product are down nearly 20 percent in China, according to research firm IDC. Comparable phones in China retail for far less than the price of an iPhone Retailers across China are slashing prices of the iPhone. … Read more
CitiFX Global Economic Suprise Index collapses – $SPX ignores b/c trade talk hype and CBs communicating QE again. For whatever reason, if stocks revert back to reality, a big tumble could be ahead. pic.twitter.com/CDoX3CG6ey — Alastair (@StockBoardAsset) February 18, 2019 $lumber says no $SPX say yes – WTH? which one is wrong? (hint: $SPX) pic.twitter.com/pUWuwJh0Hk … Read more
via gnseconomics: The global slowdown has been much discussed lately. A slowdown in Europe and China was considered to be the main reason for the December stock market rout combined with the balance sheet normalization (QT) program of the Federal Reserve. What is behind the slowdown? No satisfactory answer has emerged, though China’s efforts to curb … Read more
via @OccupyWisdom : #StockMarket 1/ wages don’t come close 2/ recessions often wipe out years of any wage “gains” while inflation only becomes exaggerated 3/ true inflation is far higher than 2% and no professions aim, or even try to keep up
Everything is fiiiinnnnneee >German regulator bans shorting of Wirecard shares https://t.co/ytX3Ry8MlJ pic.twitter.com/gkAqotOswX — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) February 18, 2019
via @chigrl: https://www.bloomberg.com/amp/news/articles/2019-02-15/u-s-china-trade-talks-side-by-side-comparison-of-statements?__twitter_impression=true
We Are Close To The End Of The Tactical Rally – Credit Suisse strategists via reuters pic.twitter.com/AJ1UwZceS3 — *Walter Bloomberg (@DeItaone) February 18, 2019 China’s slow down in a picture UGLY! pic.twitter.com/rRUDdk5UhK — mcm-ct.com (@mcm_ct) February 18, 2019 Sales of vehicles in China in January -15.8% y/y (prior -13%) https://t.co/zQyoPEfdgl — investingLive (@investingLive_) February 18, … Read more
by Martin Armstrong QUESTION: Western Civilization will collapse by 2032. I didn’t expect such a strong comment from you. Specifically, what does this mean? On the level of ancient Rome? Followed by the dark ages or just mediocrity and the rise of the East? GVH ANSWER: There is a serious risk that after 2032, this will … Read more
Michael Avenatti agreed Wednesday to relinquish financial control of his longtime law firm hours after a former partner filed papers accusing him of hiding millions of dollars from the court that oversaw its bankruptcy. The celebrity lawyer and his firm, Eagan Avenatti, consented to the appointment of a receiver to take possession of its bank … Read more
via thedailybeast: Xi Jinping, the Chinese ruler, is in no position to negotiate in good faith with the U.S., in large part due to Communist Party politics. Trump, therefore, has to either abandon his ambitious trade goals or push Beijing to the edge of the cliff. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin … Read more
https://www.youtube.com/watch?v=2jib5ieawrA Why popularize theft? ! No matter who it comes from, it is still theft! TB
by TFittonJW In our latest Judicial Watch Update: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-general-counsel-talked-to-hillary-clintons-lawyer-about-comeys-letter-on-weiner-laptop-clinton-emails/ (Washington, DC) – Judicial Watch announced today it received 215 pages of records from the U.S. Department of Justice revealing former FBI General Counsel James Baker discussed the investigation of Clinton-related emails on Anthony Weiner’s laptop with Clinton’s lawyer, David Kendall. Baker then forwarded the conversation to his … Read more